tech news

Want to get rich on Douyin, the Chinese TikTok? No need to be too original

Can virality be taught?

The greater than 20 individuals gathered in a room in Shenzhen one latest weekend definitely assume so. Some have forked out as a lot as 9,800 yuan (RM5,772) for a weekend crash course on the right way to create brief, humorous movies that can get a number of views on Douyin, ByteDance’s Chinese language model of its short-video app TikTok. A lot of clicks result in potential promoting endorsements, or so the equation goes.

Zhang Bo, a moon-faced man in his late 30s, is the person who guarantees to unlock the secrets and techniques of making pandemic movies. Perched on a white desk on the entrance of the category, Zhang regaled us with how one consumer made 70mil yuan (RM41.23mil) in simply three days following his strategies, together with interacting with influencers each 10 minutes whereas watching their livestreams. One other raked in additional than 100,000 yuan (RM58,905) in a single day. I couldn’t independently confirm these claims, however my classmates appeared impressed, scribbling down notes.

It’s no marvel they wish to succeed on Douyin – an account with three to five million followers can command between 50,000 yuan (RM29,452) to 100,000 yuan (RM58,905) for a brief video commercial on the app, in keeping with Joey Wang, co-founder and CEO of Beijing-based firm Chenjin Tradition. “In our firm, influencers get 30% to 40% [of advertising income],” Wang mentioned.

Douyin is the most popular brief video app in China, boasting 400 million day by day lively customers in January. Tencent-backed Kuaishou, the nation’s second-largest brief video platform, had 200 million day by day lively customers as of Could 2019, in keeping with its web site. Collectively, the highest two apps account for 54.2% of China’s brief video app market, outpacing rivals comparable to Xigua and Huoshan which have a mixed 22% of market share, in keeping with Qianzhan Trade Analysis Institute.

Market chief Douyin’s recognition has translated to promoting earnings for a few of its content material creators. Certainly one of China’s high influencers, Li Jiaqi, reportedly earns greater than 10mil yuan (RM5.89mil) a yr by selling magnificence merchandise on an array of social media platforms together with Douyin, on which he has 37.6 million followers.

Li trying out different lipstick colours in a live stream. Photo: Sina

However competitors to face out on the app is fierce, so numerous workshops promising to present contributors an edge have sprung up.

That weekend in Shenzhen, I used to be attending one such workshop by Guyizouhong, whose identify means “getting well-known on function” in Chinese language.

The course charges weren’t low cost: the 9,800 yuan (RM5,772) some contributors paid to attend the workshop was greater than the two,000 yuan (RM1,178) to five,000 yuan (RM2,945) month-to-month the “center earnings” group in China makes, in keeping with the Nationwide Bureau of Statistics’ official definition.

Li Xilin, a 40-year-old founding father of an academic firm, instructed me it was curiosity over the 70mil yuan (RM41.23mil) determine marketed by Guyizouhong that motivated him to shell out the cash regardless that he was “slightly suspicious” in regards to the organisers’ claims. His firm has greater than 900,000 followers on Douyin however he mentioned it has not discovered a method to monetise its content material.

Some contributors travelled fairly an important distance to be there: I met one mom of two who had taken a 9 hour prepare from Jiangxi Province to affix the category, whereas one other girl flew greater than three hours from Shanghai.

Abroad, social media influencers have achieved a substantial quantity of fame. Teenager Noen Eubanks, finest recognized for his anime-inspired aesthetic and lip-sync movies on TikTok, was not too long ago chosen as the brand new face of French luxurious model Celine, whereas eight-year-old Ryan Kaji, whose YouTube channel has 23.three million followers, turned the high earner on the video-sharing platform final yr with document earnings of US$26mil (RM105.61mil).

So I used to be shocked to search out that almost all of my classmates didn’t appear to care about being well-known. They wished extra followers, however have been extra involved about the right way to translate these to earnings fairly than turning into on-line celebrities.

Tibetan actor Awangduoji, 30, mentioned he noticed Douyin as only a springboard to usher in more cash. His goal attending the category was to develop his follower rely to past his 500 or so, and likewise entice extra clients to his cafe by means of the platform.

A participant of a class on how to earn money on Douyin stands up to ask a question. Photo: Guyizouhong

“It’s meaningless to be well-known,” the actor, who has starred in some ads and appeared in performs and flicks, mentioned. “I’d be happier if I can flip the visitors I get on Douyin to money.”

With the sturdy deal with cash, it maybe mustn’t have come as a shock that the trainer suggested us to not attempt to be too authentic. As an alternative, we must always observe probably the most profitable accounts on Douyin and take a leaf from their playbooks, in keeping with Zhang.

“We aren’t geniuses,” Zhang mentioned. “We don’t have to take the chance of developing with fully authentic content material concepts.”

This mindset jogged my memory of what China has lengthy been criticised for – imitating others as an alternative of innovating. But it surely appears to be a method that works, no less than to a sure extent: Chenjin Tradition has helped make the accounts of three completely different pairs of twins standard on Douyin, all of them that includes related content material, in keeping with Wang.

Instructor Zhang Bo gives feedback to a student in class. Photo: Guyizouhong

Chenjin Tradition and Guyizouhong are each multichannel networks (MCNs), fast-growing commercialised influencer ecosystems constructed on the again of the increase within the brief video business.

MCNs work with video platforms and customers, both grooming people to turn out to be on-line celebrities or serving to enterprises function their accounts and taking a lower of the earnings within the course of. Such networks are additionally standard elsewhere: North America is predicted to proceed to be the most important market however the Asia-Pacific area, together with international locations like China and India, is displaying quicker development as a result of low price of basic web use, in keeping with a 2019 report by analysis agency Analysis Nester.

In China, there have been over 5,000 MCNs as of December 2018, with greater than a 3rd of them hitting over 50mil (RM29.45mil) yuan in income, in keeping with a report by new media analysis agency TopKlout. For a few of these MCNs, workshops are an extra income stream and a method to scout potential shoppers.

After the category I overheard Hao Ming, a 37-year-old cross-border businessman, asking if he might turn out to be a long-term scholar.

Actor Awangduoji (in white) and other participants of a class on how to get rich on Douyin. Photo: Guyizouhong

Hao instructed me that he would take into account giving up his enterprise if he might discover success on the video platform, and taking lessons was a part of the method. It was simpler to pay consultants and study what to not do than experiment on his personal and threat dropping cash, he mentioned.

“Each platform could have its personal pitfalls, and I wish to know the place the pitfalls are [for Douyin] earlier than I begin,” mentioned Hao, “Taking a category like this offers me the prospect to fulfill like-minded individuals – maybe we will even assist one another out.”

For me, the course was useful in figuring out the widespread traits for viral movies, however following them is not any assure of success. As a result of in spite of everything, if the trainer might, like his consumer, rake in tens of millions from following his strategies, why is he nonetheless educating us on weekends for a couple of thousand yuan a head? – South China Morning Put up

Leave a Reply

Your email address will not be published. Required fields are marked *