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Copy Bloom's $17M TikTok Shop Strategy — Transcript

by Chase Chappell · 3,593 words · 528 segments · language en · Watch on YouTube

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  1. 0:00There is one platform that has changed
  2. 0:01the way the internet does business.
  3. 0:03[music] And Greg, the CEO of Bloom, has
  4. 0:05done over $17 million on this platform
  5. 0:08and just had this to say about it.
  6. 0:10>> TikTok Shop is one of the biggest
  7. 0:12opportunities for scaling your brand
  8. 0:13right now, but so many are doing it
  9. 0:14incorrectly. Bloom has had the top
  10. 0:16energy drink, creatine gummies, and
  11. 0:19clear protein probably a dozen times
  12. 0:21now.
  13. 0:21>> So today, I'm going to show you why
  14. 0:23myself, Greg, and hundreds of the
  15. 0:25biggest brands in the world are all
  16. 0:27going all in on TikTok Shop [music] and
  17. 0:29the five simple steps to launch or scale
  18. 0:31your own TikTok Shop. Starting with step
  19. 0:34number one, 99% of you still think
  20. 0:36TikTok Shop is just another revenue
  21. 0:38channel. You think send products to
  22. 0:40creators, get videos, and get sales, but
  23. 0:43that's the smallest part of the
  24. 0:44opportunity. The real value of TikTok
  25. 0:46Shop right now is the distribution
  26. 0:48ecosystem it creates around your brand.
  27. 0:49[music]
  28. 0:50What you're getting is organic reach at
  29. 0:52scale. You're getting paid ads through
  30. 0:54GMB Max. You're getting endless UGC and
  31. 0:56creator content. Winning creatives that
  32. 0:59you can move to meta ads to scale
  33. 1:00further.
  34. 1:01>> [music]
  35. 1:01>> You get more social proof everywhere.
  36. 1:03You experience a lift on Amazon sales
  37. 1:05and conversion rates. A lift at direct
  38. 1:07into retail stores from TikTok videos.
  39. 1:10Better creator relationships. There's
  40. 1:12way more data and way more content than
  41. 1:14most brands can physically produce
  42. 1:16themselves. And the smartest brands
  43. 1:18aren't measuring TikTok Shop just
  44. 1:20directly [music] on return on ad spend.
  45. 1:22They're measuring how much content and
  46. 1:23distribution can we generate from this
  47. 1:25ecosystem? Because one creator video can
  48. 1:28quite literally turn into a TikTok Shop
  49. 1:30sell, a meta ad, an Instagram reel, an
  50. 1:32Amazon PDP asset, retail awareness,
  51. 1:35email creatives, landing page asset, a
  52. 1:37white listing paid partnership ad. All
  53. 1:39from one piece of content that becomes
  54. 1:4110 plus pieces of revenue assets across
  55. 1:45multiple channels. With that, TikTok
  56. 1:47Shop is becoming the cheapest creative
  57. 1:48engine and distribution layer in
  58. 1:50e-commerce right now. Now, if you have a
  59. 1:52bad listing on TikTok Shop where your
  60. 1:55images aren't optimized and your offer
  61. 1:57isn't framed correctly, it's going to be
  62. 2:00so hard for you to get creators to reach
  63. 2:02out to you, buy from you, and want to
  64. 2:03promote your product, which means less
  65. 2:05awareness, less sample request rates,
  66. 2:08and a way harder time at getting TikTok
  67. 2:10Shop launched, which leads us to step
  68. 2:12number two, TikTok Shop positioning.
  69. 2:14>> [music]
  70. 2:15>> So, what is TikTok Shop positioning?
  71. 2:16Well, looking at Bloom here, whenever we
  72. 2:18go to some of their top products like
  73. 2:20this one that sold 115,000
  74. 2:22units on TikTok Shop, most of you don't
  75. 2:25have quality images. You want to make
  76. 2:27sure your listing is fully primed and
  77. 2:29ready to go, so when you start reaching
  78. 2:30out to creators, there's a good chance
  79. 2:32that they're going to accept that. And
  80. 2:34one of the ways you do this is by having
  81. 2:35quality images that clearly explain what
  82. 2:38your product is. So, we have creatine
  83. 2:40gummies with a burst of mixed berry
  84. 2:42bliss. It explains the flavor. Then we
  85. 2:44have powered by that actually breaks
  86. 2:46[music] down what's inside. It shows
  87. 2:48literally what the gummies look like.
  88. 2:50Then we have creatine for the girls, so
  89. 2:52that way we're hitting the market that
  90. 2:53we want to reach and comparing it
  91. 2:55against generic creatine. And we
  92. 2:56continue to break down all of our images
  93. 2:58that are on brand and cohesive. That is
  94. 3:01just one piece of this. The other part
  95. 3:03is we want to make sure that we optimize
  96. 3:05our search listing. So, when people
  97. 3:06actually search this, well, it's going
  98. 3:08to make it easier for our creator videos
  99. 3:10to show up later. And creators pay
  100. 3:12attention
  101. 3:13>> [music]
  102. 3:13>> to what your listing looks like because
  103. 3:15it determines how much better your
  104. 3:16conversion rate's going to be. If you
  105. 3:18don't have any reviews, you should be
  106. 3:20importing them from your website,
  107. 3:21Amazon, and everywhere else, so that way
  108. 3:23when you go to reach out to creators,
  109. 3:25you already have reviews pre-populated.
  110. 3:27The other thing they're doing is they
  111. 3:28have a variation listed underneath their
  112. 3:31product. So, if anybody buys a two-pack,
  113. 3:34it automatically [music] counts in sold,
  114. 3:36which builds up credibility, and it
  115. 3:38helps with AOV's. Then we have all of
  116. 3:40the TikTok Shop badge information around
  117. 3:42the shipping and delivery, the returns,
  118. 3:45which helps incentivize [music]
  119. 3:46TikTok Shop to be able to give you more
  120. 3:48awareness. Then we have the product
  121. 3:50description. You want to make sure you
  122. 3:51break down your product descriptions,
  123. 3:53add in images, and explain exactly
  124. 3:55[music] what your product does. All of
  125. 3:56this stuff matters because TikTok will
  126. 3:58score you on your listing quality. If
  127. 3:59your listing is not that great, they're
  128. 4:01going to throttle creator videos.
  129. 4:03They're going to throttle how much
  130. 4:05awareness you get. So, you want to play
  131. 4:07into the TikTok [music] Shop game and
  132. 4:10follow their guidelines so that way you
  133. 4:12can maximize the actual barriers to
  134. 4:15entry to get more views. Now, once you
  135. 4:17have your TikTok Shop page fully
  136. 4:19optimized for your product listing, it
  137. 4:21is going to be hard to find creators if
  138. 4:23you don't have a pre-qualification
  139. 4:25rubric or a post-qualification rubric.
  140. 4:28Most brands shotgun approach it by
  141. 4:30sending out thousands of products, and
  142. 4:31that just doesn't work. You get bad
  143. 4:33videos back. You get [music] poor
  144. 4:34creators. Some creators don't even post
  145. 4:36a video for the product they received
  146. 4:38from you, [music] which is just a wasted
  147. 4:40sample. Then, their videos aren't even
  148. 4:42that quality, or they get no views at
  149. 4:44all. So, you have to have an actual
  150. 4:47rubric and know how to automate this
  151. 4:49system. And a lot of you are doing a lot
  152. 4:51of manual outreach, which is very
  153. 4:53time-consuming. Which leads us to step
  154. 4:55number three, how to find these
  155. 4:57creators. So, what we're going to do is
  156. 4:59we're going to go to a tool that I've
  157. 5:00linked below [music] this video. We're
  158. 5:01going to access this tool, and this tool
  159. 5:03is going to allow us to automate our
  160. 5:05outreach that way we don't have to send
  161. 5:06out batches [music] of 50 invites, which
  162. 5:08is very time-consuming, and a lot of you
  163. 5:10are doing that. And how we end up
  164. 5:12finding creators is we have two options.
  165. 5:15We have AI Creator Search, and we also
  166. 5:17have Social Intelligence for Top Brands.
  167. 5:20So, let's say that you're selling a skin
  168. 5:22care product. Well, you can find a skin
  169. 5:25care brand like Medicube, and you can
  170. 5:28click on their brand or search a brand
  171. 5:30that's a competitor that you know is on
  172. 5:32TikTok Shop. You can see what products
  173. 5:34are working for them, right? And then we
  174. 5:36can come down here and see all of the
  175. 5:38creators. Now, what you want to do is
  176. 5:40you want to pull in the last 12 months
  177. 5:43of creators that are in here, so that
  178. 5:45way you have their full creator list.
  179. 5:47Then you want to pre-qualify these
  180. 5:48creators, so that way we don't get any
  181. 5:50creator in here. We only want the
  182. 5:52creators that have actually generated at
  183. 5:54least 1,000 views on a video. If they
  184. 5:56can't even generate that, it's not even
  185. 5:57worth sending a product to them. So,
  186. 5:59we're going to set the video views to
  187. 6:001,000. For video revenue, we want to
  188. 6:02make sure that they've actually
  189. 6:04generated sales. So, anywhere between 50
  190. 6:06to $250 is a nice starting point to
  191. 6:09ensure [music] that the creators
  192. 6:10actually know how to generate sales from
  193. 6:12their video. This allows us to first
  194. 6:14pre-qualify. And then our post
  195. 6:16fulfillment rate, ideally [music] we
  196. 6:17want it to be above 70%, so that way
  197. 6:19there's a good chance that we actually
  198. 6:21get a video back from these creators.
  199. 6:23So, this is the first step in being able
  200. 6:25to pre-qualify. Once you've applied your
  201. 6:27three filters, you're going to see now
  202. 6:29that we've distilled it down to only the
  203. 6:32creators that have generated over 250
  204. 6:33bucks in revenue, have done more than
  205. 6:361,000 views. These are basically the
  206. 6:37pre-qualified top creators for them. And
  207. 6:40we can see that this creator generated
  208. 6:41$400,000 in sales for this brand, which
  209. 6:44is pretty insane with 8.6 million views.
  210. 6:47And on the worst end, if we go to some
  211. 6:49of the last pages here, we'll see that
  212. 6:51the creators on page 30 have at least
  213. 6:54generated $1,000 per video, which is
  214. 6:56nice to see. So, that way we ensure that
  215. 6:59we only add the qualified creators to
  216. 7:01the list. So, we'll now add these
  217. 7:03creators to a list and say
  218. 7:04pre-qualified, and we'll type in the
  219. 7:06brand name. Once we've done this,
  220. 7:08there's another avenue for finding
  221. 7:10creators. We can go to AI creator
  222. 7:11search, and this is where we can search
  223. 7:13literally somebody with green hair, for
  224. 7:16instance, and this AI tool will find all
  225. 7:19of the videos of people who have green
  226. 7:21hair. One prime example of this is we
  227. 7:23found that a specific brand, for
  228. 7:25whatever reason, that sold sunglasses,
  229. 7:27that all of the guys had moustaches, and
  230. 7:29their videos crushed it. So, you can
  231. 7:31quite literally type in moustache if
  232. 7:32there's a common theme amongst your
  233. 7:34creators that perform. Now, more
  234. 7:36specifically than that, rather than just
  235. 7:37visual appeal, you can type in lip
  236. 7:40gloss, and see all the videos of people
  237. 7:42who mention lip gloss. Once you do that,
  238. 7:44you want to set the filters here as
  239. 7:46well. [music] So, you have a lot more
  240. 7:48options on this view. So, we're going to
  241. 7:49go down to the actual video performance
  242. 7:52once again. We're going to change their
  243. 7:54average shoppable videos, which is how
  244. 7:56many views they get on a shoppable
  245. 7:58video, which is very important. So,
  246. 8:00we'll set that to 1,000 minimum. And
  247. 8:01then once we've set the average
  248. 8:03shoppable video, we can scroll up here
  249. 8:05and set the post fulfillment rate, which
  250. 8:07is 70%. We can scroll up even more. We
  251. 8:10can set the GMV to 250. And if we want
  252. 8:13to apply some more filters, we can, but
  253. 8:15these are the core ones that we know to
  254. 8:17be true for finding quality [music]
  255. 8:19creators. So, this is another way to
  256. 8:20pre-qualify. You add them to the list.
  257. 8:23So, once you've named that list, you can
  258. 8:24now set up an outreach agent to automate
  259. 8:27the outreach. A lot of you who are
  260. 8:29starting on TikTok Shop that have zero
  261. 8:30affiliate sales, you're going to need to
  262. 8:32go and buy your product from an
  263. 8:33affiliate video to uncap your invites.
  264. 8:36Once you've uncaptured invites, you can
  265. 8:37come in here and create an agent to
  266. 8:39start sending out thousands of
  267. 8:40invitations. And you do that by clicking
  268. 8:43on target collaboration and message. You
  269. 8:45name your agent, and then you can go
  270. 8:47ahead and select the list that we just
  271. 8:49built. So, we would go and choose our
  272. 8:51list, which is our pre-qualified. It'll
  273. 8:53then sync all of those creators from the
  274. 8:55list for us to reach out to them, where
  275. 8:57they can then request a sample from us.
  276. 9:00This doesn't mean we're sending them the
  277. 9:01product. This just means that we're
  278. 9:02going to get people reaching out
  279. 9:04requesting to make a video for us and
  280. 9:06asking us to ship them our sample.
  281. 9:08You'll then choose your product listing
  282. 9:10that you've optimized. [music]
  283. 9:11You'll fill in your contact information,
  284. 9:13and you're going to start with an
  285. 9:14outreach message. Now, there's multiple
  286. 9:16approaches to this because we're going
  287. 9:18to want to optimize for a high sample
  288. 9:20request rate.
  289. 9:21>> [music]
  290. 9:21>> That essentially means if you have a 0.1
  291. 9:23sample request rate and you send 1,000
  292. 9:25invites, you're not getting very many
  293. 9:27creators to reach out to [music] you.
  294. 9:28So, we're not going to have a lot of
  295. 9:29people to be able to qualify and send
  296. 9:31our product. So, we need a high sample
  297. 9:33request rate. We do that by split
  298. 9:35testing up to five different messages
  299. 9:37here to see which one gets the highest
  300. 9:39sample request score. Once we know that,
  301. 9:41we'll leave our automation running as we
  302. 9:43continue to build our list. So, you'll
  303. 9:45drop your message in here, hit continue,
  304. 9:47and then just let this thing start
  305. 9:48running. Once people start reaching out
  306. 9:50to you, this is where you want to
  307. 9:52post-qualify them. Now, once you're
  308. 9:53inside your TikTok Shop, you're going to
  309. 9:55go to your affiliate center so that way
  310. 9:57you can see your sample request. And all
  311. 9:59of these are going to show up in here
  312. 10:01under sample request. [music] We'll go
  313. 10:03in here, and this is where people are
  314. 10:04outreach ing. In our post-qualification,
  315. 10:07we want to make sure the sample score is
  316. 10:09above a 70%. [music]
  317. 10:11We want to make sure estimated post rate
  318. 10:12is above 70% here as well. So, those two
  319. 10:15qualify. We want it to be roughly above
  320. 10:181,500 GMB last 30. This one qualifies.
  321. 10:21And then the most important metric is
  322. 10:23obviously does their content actually
  323. 10:25qualify for what we're selling? And B,
  324. 10:28this is by far the most important one,
  325. 10:30what is their average views per video on
  326. 10:32Shoppable? This one says only 353.
  327. 10:34That's not very many views at all. Now,
  328. 10:37this one qualifies, qualifies, pretty
  329. 10:39much qualifies. She's at 1,200 but
  330. 10:42averages 5,000 per Shoppable video. Now,
  331. 10:44that's pretty important to us because if
  332. 10:47this creator can at least get 5,000
  333. 10:49views and she's averaging $20 per 1,000
  334. 10:52views, that means we're going to make
  335. 10:54$100 from this creator video. So, we can
  336. 10:56check out our content. If it makes
  337. 10:58sense, we can approve it. So, we want to
  338. 11:00pre-qualify and post-qualify at this
  339. 11:02stage. Now, once you start getting all
  340. 11:04of these creators, you're going to be
  341. 11:06sending out the samples. They've been
  342. 11:07qualified, they're going to make the
  343. 11:09video, but we don't want to stop there
  344. 11:11because that means every time we want a
  345. 11:12video, we have to send out another
  346. 11:14sample. What we really want to do is be
  347. 11:16able to leverage all of those creators
  348. 11:18and put them in a community so we can
  349. 11:19get more content and build an affiliate
  350. 11:22army. This allows us to amplify our
  351. 11:24views, allows us to get more videos per
  352. 11:26creator, allows us to send out less
  353. 11:28samples, allows us to drop product
  354. 11:30launches, and so much more value. so
  355. 11:33that way we can teach them and show them
  356. 11:35what's even working. That way we have a
  357. 11:37proper feedback loop in place, which
  358. 11:40leads us to step number four, community
  359. 11:42empowerment.
  360. 11:43>> You can acquire 50,000 creators, 100,000
  361. 11:46creators. If you don't have a place for
  362. 11:47them to feel like they belong and
  363. 11:48they're a part of your brand to go get
  364. 11:50information, to talk to one another, to
  365. 11:51engage, you're going to lose them to
  366. 11:53someone else.
  367. 11:54>> So what you can do is you can go back to
  368. 11:55your tool and what we can essentially do
  369. 11:57is set up another outreach agent and
  370. 12:00it'll be a CRM agent. We'll create a new
  371. 12:02agent and this is going to be a simple
  372. 12:04follow-up message only and we can set it
  373. 12:07to segments and we'll select a segment
  374. 12:09of creators who have posted a video, who
  375. 12:12have content pending, who have approved
  376. 12:14samples, and our top creators, and the
  377. 12:16creators with unfulfilled content that
  378. 12:18are about to post. What we do is we set
  379. 12:20up a message sequence to these people
  380. 12:23and we say, "Hey, now that you have our
  381. 12:24product, we would love for you to join
  382. 12:26our private community." Bloom uses
  383. 12:28Discord to communicate with our
  384. 12:29community.
  385. 12:30>> So set up a Discord to funnel your
  386. 12:32creators into, engage with them there,
  387. 12:34have conversations, build relationships,
  388. 12:36sample products.
  389. 12:37>> Greg himself has literally said that he
  390. 12:39hops on videos with creators, [music]
  391. 12:41trains them, shows them what's working,
  392. 12:43incentivizes them with further programs.
  393. 12:46And we're doing this with our clients.
  394. 12:47We get them in a private community, we
  395. 12:49make separate groups, and one group is
  396. 12:51for education. We send over the best
  397. 12:54performing videos. Hey, this creator
  398. 12:56made a video, they generated 10,000,
  399. 12:5850,000, 100,000 dollars in sales. All of
  400. 13:01you should go remake this video because
  401. 13:02it's working. Then all of those creators
  402. 13:05get that insight, they're more
  403. 13:06incentivized because now they know how
  404. 13:08to make more money, they have the script
  405. 13:10for what is already working, and they
  406. 13:12can produce those videos and we amplify
  407. 13:14our GMB. The creators are happy because
  408. 13:16they can go and make more money because
  409. 13:17they've been educated. We can make
  410. 13:19another group chat, which is
  411. 13:20announcements. This is where we announce
  412. 13:22new product drops, new [music]
  413. 13:24promotions, new offers. Hey, you have
  414. 13:26our product, but guess what? We're
  415. 13:28running a 2-week flash sale or a 24-hour
  416. 13:30flash sale, and we want all of you to go
  417. 13:32talk about this. It's an insane deal.
  418. 13:34They already have the product. They can
  419. 13:36go back and make that same video again,
  420. 13:38except with that exclusive offer. You
  421. 13:40essentially want to have these follow-up
  422. 13:42agents telling people to join your
  423. 13:44private community, whether it's on
  424. 13:45Discord, Tribe, WhatsApp, any tool where
  425. 13:49you can communicate with the group as a
  426. 13:51whole. And you want to keep following up
  427. 13:53with them to get them off of TikTok so
  428. 13:55you have them in your private community.
  429. 13:56This is also where we can get creator
  430. 13:58rights, we can request using their video
  431. 14:00in meta ads, and so much more later on.
  432. 14:03So, communities are extremely powerful.
  433. 14:05It's what allows you to amplify your
  434. 14:07growth significantly, which directly
  435. 14:09leads us to step number five, our
  436. 14:11distribution ecosystem. Once your
  437. 14:14community is set up, it does not stop
  438. 14:16there. You want to be able to start
  439. 14:18distributing this content. If a creator
  440. 14:20posts a video for you on TikTok [music]
  441. 14:22and gets no sales, that is not the end
  442. 14:24of the road. There's so many ways to
  443. 14:26leverage the video. A prime example of
  444. 14:28this is, if a creator makes a video and
  445. 14:30says, "Oh my gosh, this stuff is
  446. 14:33absolutely amazing. It has completely
  447. 14:35made my hair grow longer. I use it every
  448. 14:38day. You should definitely get this
  449. 14:40product and buy now." That's not a viral
  450. 14:42video. That may only get 300 to 1,000
  451. 14:45views. But, that video is more
  452. 14:48positioned like a direct sales ad.
  453. 14:51[music] So, what does that mean? We can
  454. 14:52take that video still and run it in a
  455. 14:55TikTok GMB max campaign and push ad
  456. 14:57dollars behind it. That video might
  457. 14:59actually work as an ad and generate
  458. 15:01plenty [music] of sales for us when we
  459. 15:02force views behind it. It won't go
  460. 15:04viral, but it allows us to get a 3, 4,
  461. 15:075x [music]
  462. 15:08ROAS on that specific video. So, every
  463. 15:11creator video that doesn't perform,
  464. 15:12we're still leveraging it because it
  465. 15:14still can work as an ad. And then for
  466. 15:16the creators who do go viral, well,
  467. 15:18guess what? We got a viral video, we got
  468. 15:20organic sales, we can put it in a G&B
  469. 15:22Max campaign, and amplify it even
  470. 15:24further. And then what we do is we take
  471. 15:26those videos and move them over to Meta
  472. 15:28Ads, where we can run paid collab ads,
  473. 15:31we amplify views and sales driving to
  474. 15:33Shopify. Now what happens? We have more
  475. 15:36view volume on both platforms, more
  476. 15:38sales on both platforms, which means
  477. 15:40there's a whole 'nother subcategory of
  478. 15:42people where if you're listed on Amazon,
  479. 15:45they're going to search your product on
  480. 15:46Amazon and potentially buy there as
  481. 15:48well, which is driving more awareness
  482. 15:50for us, building up retargeting
  483. 15:52audiences. If your product is in retail
  484. 15:54stores, some people may not buy your
  485. 15:56product on TikTok Shop, they may buy it
  486. 15:58on Amazon. Some may not buy on Amazon,
  487. 16:01but when they're strolling their cart
  488. 16:02through Walmart and they're about to
  489. 16:04check out and they see your product,
  490. 16:05well, they've seen plenty of videos, the
  491. 16:08buyer connection there is usually most
  492. 16:11people just be like, "Well, I've seen
  493. 16:12this video everywhere on this product,
  494. 16:14I'll just go ahead and try it." It's a
  495. 16:15very easy sell. So it lifts retail. You
  496. 16:18can take this content, post it on your
  497. 16:20website as UGC, and credibility.
  498. 16:23>> goes viral [music] on TikTok Shop, we're
  499. 16:25seeing sales increase at 7-Eleven.
  500. 16:27>> There's so many ways to leverage this as
  501. 16:29a distribution layer. You essentially
  502. 16:31want to take all videos and migrate
  503. 16:33[music] them to as many places as
  504. 16:35possible to amplify the effects of the
  505. 16:38creator community, which is why the
  506. 16:40TikTok Shop distribution ecosystem
  507. 16:42becomes so powerful. [music] It's no
  508. 16:44longer looked at as just a platform
  509. 16:46where you send one product and get one
  510. 16:48video and maybe hope for some sales. It
  511. 16:50is much deeper than that. We can
  512. 16:52leverage that content to its full
  513. 16:53potential and maximize [music] a halo
  514. 16:56effect, amplifying views and sales
  515. 16:59across all platforms together. We see
  516. 17:01this happen all the time. Videos crush
  517. 17:04on TikTok, G&B Max, Meta, and amplify
  518. 17:07sales everywhere, which is one of the
  519. 17:09biggest reasons TikTok Shop is slept on.
  520. 17:11Most people don't realize the full
  521. 17:13leverage potential you have with this
  522. 17:15platform. So, if you want to learn the
  523. 17:17full workflow and be able to execute
  524. 17:20this, you should definitely check out
  525. 17:21this video here where we just took a
  526. 17:23client from $0 to $300,000 a month on
  527. 17:26TikTok Shop. I look forward to seeing
  528. 17:28you there.

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