Business or Electronic-Business is a transaction, buying and selling in the business through electronic devices or with the internet such as smartphones, tablets, personal computers, and laptops. From these devices, any company which does business can interact with customers and suppliers easily. Or the shorter meaning of e-business is the use of Information and Communication Technology to run and manage the business so that it can make a profit. Information and Communication Technology in e-business is used to improve the company’s business, including all aspects oriented towards profit and non-profit of a company. The question is, what applications are used in the devices to carry out this E-Business?
I choose the new application that was trending on social media now Tiktok. Tiktok, have a new program that they launched in early 2022 which is Tiktok Shop Programme. Tiktok Shop is a program that supports local businesses and provides a platform that brings together online sellers, buyers, and creators under one roof. Tiktok Shop has one big program which is Tiktok Affiliate. An affiliate is a system where the creator has located as a middleman between buyers and sellers. In other words, the affiliate is one of the techniques of marketing and advertising products on the internet. Same words with Tiktok Affiliate, Tiktok Affiliate will locate the content creator as a middleman between buyers and sellers where they will get a commission on each purchase. The Tiktok affiliate system starts with a creator on Tiktok making an informational video about a product and then posting the video including the linked product. If people watch the video on Tiktok then interested to buy the product, they will click the product link from the video. After they make a purchase and settle the transaction, the creator will get a commission from the Tiktok Affiliate Programme.
I prefer to launch our business on Tiktok Shop because have more advantages. One of the advantages is easy to viral. Tiktok is a popular social media platform for creating, sharing, and discovering short videos. The app is used by young people and is very beneficial for business owners to grow their businesses. In Tiktok, the video can engage with other people on a big scale and easily go viral if the video has good quality video, good entertainment, and good information. The higher view we get, the more people will recognize the business or product that we sell. From this, as entrepreneurs, we can use these advantages an use in the business to get more traffic, closing, and sales.
The next advantage of Tiktok Shop is business without capital. We can start building the income with Tiktok Shop without any capital or money. It is because Tiktok Shop has an affiliate program that we can join as a middleman between sellers and buyers. For example, I have tumblers at I have used every day while do to class. Then I search on Tiktok Shop about the same product, if have the product in Tiktok Shop then I can join the affiliate program by creating a review video about my tumblers and putting the product link in that video. From that, if any people who watch the video make a purchase, I will get some commission without any capital. It is important to make the review video of good quality to interact with the attention of viewers. The more purchases we get, the more money will be collected. It is amazing.
Besides, Tiktok Shop is a complete application good the business. It is because all data transactions or purchases that have been done in the affiliate program will accumulate and record in Tiktok Shop Account. The data shows three elements which are revenue, items sold, and orders. We can see the data according to the period we want such as data on this day, yesterday, in a week, in a month, or a year. From that, we can easily see the business growth from time to time. In detail, all purchase records from customers will be collected in Affiliate Orders. Affiliate Orders are divided into four parts which are ‘All’ means all purchases have been done by the customer, ‘Not Settled’ means purchases not completed, ‘Settled’ means purchases have been completed and last ‘Refunded’ means that the items are returned or canceled orders. All information data is very useful and very important to the business owner.
In addition, after we join the affiliate program under Tiktok Shop and have done any commission, all commissions from completed purchases will through into the affiliate account within seven until fourteen working days. The accumulated commission money can be transferred to a private or business bank account with a minimum withdrawal of RM1.00 and a withdrawal charge of RM0.65 on each withdrawal. The process of transferring money from the Tiktok Affiliate account to the bank account takes two working days. It is a very low charge to compare at any medium withdrawal and good in business because as an entrepreneur we should cut costs and reduce waste of money. In addition, day by day more applications will launch on our devices. Before that, maybe we always interact with application E-businesses like Lazada, Shopee, and Zalora. Now we have a new and better application, has a good system and follow our trend. This is a new program that Tiktok has launched and of course, has many offers and vouchers like free shipping to grab. This program also has a money guarantee.
In conclusion, from my explanation about this program application, any business can easy to grow if they follow the right way. We as an entrepreneur can move fast if we used this social media properly to promote our business or product. If we are late, other people will encounter and move forward then achieve their rewards. We also need to remember that each application has its laws. so we need to remember and obey their law. If we break the laws, maybe we will get a penalty or something bad news. Thank you
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Based on the essay that has been written above, it is relevant for me as for me as a TikToker to use this platform for creating awareness towards the public pertaining to the online commercial purposes.
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