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Tiktok money machine
š° No fluff just ads
MOEMENTUM
This is a Newsletter to boost yours.
Intro
Winner from last weeks giveaway is this guy
Shoot me a reply to get your prize
Now before I start packing for my flight let me tell you guys something you need to hear & understand.
The grass is greener on the other side
Or at least thatās what you think
It is actually the furthest thing from the truth
I experienced this firsthand this weekend during my podcast session with the boys from DTC Pod
I am finally getting over my 'camera shyness and Iām excited to start doing moe content in the coming months
But no really as we were talking the boys were excited and inspired to see what Iām doing in ecom with NZT-48 and our other brands
They were so excited that they wanted to do ecom too..
The issue was they already have a very successful bootstrapped SAAS business thatās making them $500,000+ ARR
But..
The grass looks greener on the other side for both of us
So we laughed at it and told each other to stick to our respective fields
The better we get at something the more valuable we become
We can choose to be the average entrepreneur who chases the short-term cash in every opportunity we come across
Or we can become exceptional entrepreneurs and build huge businesses with laser-sharp focus over a 3-5 year horizon.
Thatās my intro for today
Ask yourself which type of entrepreneur do you want to be
Let the moementum build.
TikTok Ads Strategy
This is going to get super nerdy
If youāre not running ads just scroll down to the meme section
If youāre about to get started with ads, today you will love me
And if running ads is ever on your To-do list - save this for a later time.
Today Iām going to walk you through my TikTok ads strategy and how I go about scaling the account.
Keep in mind, that thereās no perfect method to do this and every single brand is unique in its own way
The Content Needed for Your Ads
Itās 2023 and your creatives serve as your targeting & interests.
The first day you kick off you want to have 10-30 videos.
The video styles can range from UGC, POVs, AI, trendy videos, and voice-overs
We try to keep our videos between 7-30 seconds long
We focus on showing the product in action, creating FOMO, and using reverse psychology to make someone curious about the product
Itās not always about selling your product or showing its features
TikTok specifically, we optimize for the click, meaning I just want someone to be interested enough to get to my website
My website does the selling more than the ad itself and I like to keep it that way.
Key tip here
Your first videos should be solely focused on trending hooks/concepts like: āTiktok made me buy itā and āX reasons whyā
The more native your ad looks the better, shoot for a ānormal videoā NOT an AD!
Campaign Structure
Every ecom entrepreneur I know always thinks this is the main ingredient to success
To me, itās just a factor but it wont make or break you
you want to start your ads by setting up 1 Campaign as an ABO (Ad budget optimization)
Within that campaign, you want to set up 4 ad groups
Each ad group will target a different audience
Broad Audience (Let TikTok do its thing)
Stacked interests 5-10
Hashtags
Single Intrest (Main product category)
Now within each Ad, I like to add between 3-5 different creatives or test the same creative with different copy variations
The main metrics you want to track will be CPC, CPM, CPA
If your CPC is over $1.50 kill it.
CPM doesn't matter if you are profitable (good ads are between $12-$20)
CPC under your target let it run and spend up to full $100-$200 and scale if it generates sales
There you have it
A million-dollar strategy thumbed down into a 3 minute read
Once you launch the ads set and forget.
Donāt be the guy clicking buttons every day thinking you are making a difference
Analyze the key data points, understand your numbers then optimize
Tweet Of The Week
Someone is going to make $100M in 2024 with a TikTok Shop. They'll probably have no inventory, no VCs and be 24 years old.
This stat is crazy.
1 out of every 10 Americans are going to buy something on a TikTok shop this year.
I don't know how to say this any other way, butā¦ twitter.com/i/web/status/1ā¦
ā GREG ISENBERG (@gregisenberg)
5:55 PM ā¢ Oct 30, 2023
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