 I want to talk to you about one of the biggest opportunities in e-commerce right now. To be honest, I haven't seen something this revolutionary since Instagram influencers came up and that is TikTok shop. TikTok shop promised us to be yet another way to bring us a lot of money and I take that every day. So in this video, I'm going to give you the full rundown on what TikTok shop is, how you can use TikTok shop, why you should use it and finally how to make a lot of money with TikTok shops. So, TikTok shop is one of TikTok's newest additions on their platform. So, how does it work? In order for you to understand how does it work, I want to explain to you what is the classical way. Through the classical way, you're going to run some ads and once people click on those ads, they will get to your store buying your products. With TikTok shops, you will be able to sell your products right from the TikTok platform and this will basically eliminate all of the friction that you might have if you want to take the traditional route. On the traditional route, after somebody clicks on your ad, they will be taken to an external website and here they will stay inside of the app. That's a big plus. The first way we could use this feature is by using live shopping videos. By using this method, viewers can now purchase products directly from a live stream that you're broadcasting. While you're doing the live stream, your viewers can just click on the buy now button and they will be taken to your TikTok shop and they will be able to just buy something from your store. Just a side note, this feature was more created for influencers or for people who are broadcasting a lot. If you already have an existing brand or if you just have a dropshipping store, I would not really recommend you this because it's really time consuming. You don't have time to just sit around and do a live stream way for people to come so that you can sell some products. There are other ways in which you can do this. The second option that we have is shoppable videos. Now, users can actually shop while watching a video. You can just tag your product in the video and if they like the product, if they like the video, they can just click on the tag and they will be taken to your TikTok shop. If your video is nice and if a lot of people are watching the whole video, then you can definitely capitalize on this. And the reason why I'm saying this is that people buy a lot based on emotion and impulse. If you can trigger that specific buying emotion or impulse inside of your video, then you can make a lot of money. Next up, as you can see right here, you have a shops button. Now this acts just like Amazon. You have a lot of categories. You have a lot of products in there and it acts just like a shop. This is actually built by TikTok and yes, they went the extra mile to build an entire shopping place on their own platform. I'm telling you, the benefits of being on TikTok shops right now are huge. Right now, we only have of course eliminating that big friction that we have by going the traditional route as I explained earlier in this video. But I'm sure that if we stick around long enough, there will be a lot of new features that will change the face of e-commerce. And I think that what TikTok is doing right here with TikTok shops is that you're going to be able to take advantage of that impulse and that emotion factor of your visitor a lot better than you can on other platforms. And one of the best things about this, I don't hear a lot of people talking about this, is the fact that TikTok has their own shop and you don't have to worry about building your own product page or funnel or whatever. They have optimized their own product page the best way possible. Like imagine, this is a multi-billion dollar company. They know how e-commerce works better than basically anyone out there was trying dropshipping. So let me give you some advice before just jumping into TikTok shops. First of all, you're going to have a shop health score. This is designed to keep track of your health level. This health level is measured by having good response times, good shipping times and overall just good feedback. If your shop health is not that good and if you will have a lot of violation scores, then you will not be able to sell on TikTok shops anymore. So forget about disputes and refunds and chargebacks and all that. You cannot quite have those on TikTok. Alright, so what is the best way to avoid getting there? It's very important to have a very good supplier and good shipping times, of course. So let's talk a bit about that. We all know that dropshipping is basically the black sheep of e-commerce because people don't like dropshipping as it takes a lot of time and sometimes the suppliers are not trustworthy. And about the shipping times, yeah, they are being shipped from China and sometimes that takes weeks, even months. All of these problems can be solved just by working with the right supplier. One of the best suppliers out there and also for fulfillment purposes, I would highly recommend you to go with AutoDS. They have an amazing platform. They act as a supplier because they have a lot of private warehouses and they will actually ship the product for you. They will also automate the whole process. They will take care of fulfillment. You can track everything from their platform and they're working very, very fast. To be honest, I don't think there's somebody out there who can match their fulfillment speeds. Other than that, let me just give you a tip on how you can use AutoDS at its fullest potential. So the Shopify store that you will link to your TikTok shop, you can link that Shopify store to your AutoDS account, meaning that everything will be automated and I'm not only talking about fulfillment. AutoDS also has a winning products hub. This is a hub in which you can find daily winning products that are making waves on the market. Each and every product that you can find right here has a lot of information such as saturation score, you know how many stores are selling it. If you scroll a bit down, you can see what stores are selling it so you can click on their links and check out their stores to see what they are doing and how they are doing it. You will also get targeting ideas and a lot of other things. Once you decide to start selling a product from the AutoDS winning products hub, all you have to do is click on this button right here that says import draft. This will basically create a draft of that product and you can change it any way you want to change it. Fun fact, AutoDS has this cool AI feature that can help you generate a title and a description for any product based on AI and you can actually set the temperature. You can make it funny. You can make it serious. You can make it professional. Once you finish up that whole process, you can just click save and you can import that product in your Shopify store. Now remember we're talking about TikTok shop so your Shopify store will be synchronized with your TikTok shop. So once you have sent the product that you want to sell from AutoDS to your Shopify store, that product will also be synchronized with your TikTok shop. So there you go with the help of AutoDS and the automation it offers, you can now sell the same product on two different places on your Shopify store and on your TikTok shop. Now let's talk a bit about fees. TikTok shop has some fees in place. So from the moment you start using them until you hit six months, that's 180 days, they will take 1.8% from what you're making. After six months, they will take 5%. So make sure to factor this commission in. Now there are a lot of incentives that TikTok has put in place in order for you the seller to get the best outcome possible and also for the customer to be able to get the best deals possible. And I'm just going to give you two examples of these incentives. First of all, if your shipping cost is smaller than the price of the product. So for example, if you're selling a product that's $50 and you're offering it for $15 shipping, TikTok will cover that $15 for you just to incentivize you to sell on their platform. Now be advised, this only works if the shipping price is smaller than the price of the product. And second of all, TikTok is giving away free ad spend credit, meaning that you will get a credit and you can spend that money however you want to spend it on their platform as long as you do it on TikTok shops. These are only two of the incentives that are in the back of my mind right now. There are definitely a lot more and I highly encourage you to check them out. And of course, as I mentioned, TikTok is going above and beyond just to make sure that you will go on their platform and sell your stuff there and not anywhere else. And I am foreseeing that there's going to be like a war between all of these big platforms. And because of that, I think that there is no better timing for you to jump into this. Oh, by the way, I almost forgot, TikTok shop is only available in the following countries, United States, Vietnam, Thailand, Singapore, Malaysia, Philippines and the United Kingdom. If your country is not on this list, then don't worry, mine's not either. We should just wait. I think it's in their best interest to expand this all over the world. Anyway, to get started, go to seller.tiktok.com, select the region that you're in and then click sign up. Once you add your email and passport, you will be prompted to a page where you have to select what kind of business you have. And then you're going to be asked to provide some ID and some additional information. After you enter all of that, you're going to have to wait to be approved for TikTok shop. Now that's going to take like 24 to 48 hours. Alright, so once you finish with all of these and you get approved, you're going to have access to your own TikTok shop dashboard. And it looks like this. And let's take the one by one home is home, of course, orders. Right here, you're going to be able to see all of the orders that are coming to your TikTok shop products. This is where you're going to be able to see all of the products that you're actively selling. This is the place where you can also create and activate new products that you want to sell. Here at marketing on the left hand side, you're going to see this promotions thing. Now, if you click on that, this is very important because this is where you're going to get all the discounts, all the deals, all the coupons. And there will be a lot of them because this is quite a new platform. And as I told you, they're going to try to incentivize you as much as possible. So you're going to find that in here. Next up, we have ads. Now, I do not quite recommend you to start running ads quite yet, although they will try to incentivize you here as well. They will give you some ad spend credits. But for me, this didn't work so far. And here at TikTok funded promotions, you're going to find what I talked about earlier when I told you that TikTok is going to incentivize you by paying you the shipping as long as it's less than the original price of the product. Here is where you're going to find all of that. Now, this affiliate thing, all you have to do is click get started. This will take you to a place where you're going to see all of the influencers that are doing this affiliate program. So basically, you're going to be able to send them some products, and they're going to make a video of that product and post it on their platform. You're going to be able to track what they are getting from that video. It's a pretty cool way to promote yourself. And of course, in this section, you're going to be able to filter all of your influencers by creators, followers, what is their performance. And then another important thing that I want you to check out is analytics. Here, you're going to see everything that's going on with your store. If you're familiar with Shopify, you know that on analytics, you see everything that's happening with your store, you're going to see the sales, you're going to see how many buyers you have, how many people have added products to the cart, how many have finished checkout, what is your conversion rate and so on. And finally, we have finances. This will reflect your sales. You will see right here how much money TikTok has to pay you and how much money is on hold, how much money is in processing, how much time does it take for that to hit your bank account and so on. TikTok shop will initiate a pay for you like seven days after your product has been shipped. So it's in your best interest to ship your products as fast as possible. So guys, that was it. I hope that this video was useful to you and now you're going to jump on this wave that's called the TikTok shops and you're going to make a lot of money. Thank you for watching. Until next time.