If you're already spending hours a day on TikTok, you might want to consider ways to monetize your hobby. TikTok is active in over 40 countries and has over 1 billion active users worldwide, making it one of the most popular social platforms. In 2020, TikTok became the most downloaded app and is becoming the new search engine for Gen Z.
How do you make money on TikTok? 15 Proven Methods (And 1 Bonus!)
TikTok allows users to create and share 15-second videos. There are lots of singing, dancing, comedy, and cute cat videos. There are also plenty of opportunities to monetize TikTok, whether you're a content creator or a business owner looking to expand your market.
-
Join TikTok's Creator Fund
TikTok uses the Creator Fund to encourage popular TikTokers to continue creating engaging content. As a creator, you may be able to earn money if you have at least 10,000 followers and at least 100,000 video views in the past 30 days.
Creator Fund gives you the opportunity to make money doing what you love. The amount you earn is based on a variety of factors, including the number of views, reliability of views, and level of engagement with your content. To start earning with TikTok's Creator Fund, you must apply through a Pro/Creator account.
-
Partner with brands you trust
It's possible to make money online with TikTok by partnering with brands you believe in. For example, if you're a makeup artist who posts makeup tips and tutorials for achieving the perfect winged liner, you might consider partnering with brands like: your favorite makeup brand. You can contact these brands directly and pitch your partnership.
-
Sell products through TikTok Shopping
TikTok Shop has an e-commerce solution built directly into the TikTok app. You can buy directly through TikTok, so you don't need to open a separate browser to buy items. Creators can use her TikTok Shop to reach a wider audience and promote their brands and products. Creators can also easily link to the products featured in their videos. Additionally, you have the opportunity to earn money through TikTok affiliate marketing. You can use affiliate programs to promote relevant brands to your followers and earn commissions on sales.
-
Increase sales with TikTok ads
TikTok's Ads Manager allows you to reach new audiences by putting your brand in front of the right audience. TikTok reports that 1 in 3 of its users' girlfriends purchased a product after seeing it on her TikTok. Ads Manager helps you target and find your ideal audience. It provides a set of creative tools to create and edit videos with a large number of ready-to-use video templates. You can also measure the performance of your ads.
-
Join an affiliate program
Creators can promote and sell the products and services of other companies through affiliate marketing. If a viewer decides to purchase a product or service based on your content, you earn a commission. To keep your videos authentic, focus on brands you already love and trust.
-
promote the song
TikTok allows you to earn money by promoting songs within your videos. Record labels pay TikTok users to use certain tracks in their videos in order to make their songs go viral. With TikTok's PlaylistPush program, you can earn up to $250 per video. The exact amount you earn for your video depends on the number of views it generates. To participate in the program, you can apply as a TikTok creator.
-
Publish a sponsored post
If you're a TikTok influencer, micro-influencer or nano-influencer (10,000-1,000 followers each), you can work with brands to create sponsored posts. Your job is to create content that promotes your brand's products and services and share it with your followers. In return, the sponsor pays you money.
-
Become a brand ambassador
A brand ambassador is someone who represents a company and raises awareness of a brand's products and services for the purpose of sales promotion. Brand ambassadors differ from regular influencers in that they are typically employed long-term by a company and are highly educated about the brand. They may also agree to exclusive partnerships with brands. Brand ambassadors have a variety of ways to get paid, including short-term and long-term paid contracts (just like a regular job), affiliate links, and free products.
-
Building and selling a TikTok account
If you have the ability to grow your TikTok followers organically, you can consider building and selling a TikTok account. Growing a following on TikTok takes time, so some brands pay to buy established accounts. To do this successfully, you need to focus on a specific niche that can be easily passed on to buyers.
-
collaborate with influencers
If you have a product or service that you want to market to a larger audience, you can consider working with a TikTok influencer. The right influencer can help you grow your brand and increase sales. You want to find influencers who create content that is relevant to your industry and have an audience that fits your brand. Once you decide which influencer you want to connect with, you can contact them directly or through a talent agency.
-
Receive donations through Live Gifts
Content creators can start collecting Diamonds (TikTok's digital currency) through TikTok Live Gifts. If your viewers are watching your girlfriend's LIVE video, you can send them a gift. Once you collect enough diamonds, you can exchange them for reward payments in the form of money or virtual items.
To start collecting diamonds, you must meet TikTok's eligibility requirements, including being at least 18 years old, having an account that's been created for at least 30 days, and having at least 1,000 followers. You keep 50% of what you earn, and TikTok takes the remaining 50% as a commission.
-
Raise money through crowdfunding
If you're looking to fund a new startup or launch a product, consider crowdfunding using TikTok. Crowdfunding is a way to tell people about your great idea, sell pre-orders, use that money to develop your product, and get it to the people who funded it. You can use TikTok to promote your crowdfunding opportunities.
-
collect hints
If your viewers like what you're doing, they can send you tips directly through your TikTok profile. You get to keep 100% of the tip amount (minus Stripe processing fees). Before you start collecting tips, you must meet TikTok's eligibility requirements. You must be over 18 years old and have at least 100,000 followers.
-
promote business
If you already have an established business, you may be able to use TikTok to market your business and gain new clients and customers. Expand your reach by posting short videos promoting your expertise or services, such as web developers, child psychologists, or fitness experts.
-
TikTok Rewards
TikTok pays you when you recommend the platform to your friends. If you help grow the TikTok community, you can earn money through the TikTok Rewards referral program. To start earning, copy your unique referral link from your TokTok profile. Then share the link with your friends and family who aren't on TikTok yet. If they participate, you can earn rewards. Once you have accumulated enough rewards, you can redeem them.
-
Send followers to your Patreon account
TikTok doesn't have to be your source of income. Creators on Patreon are compensated by their followers for their artistic endeavors. You can also direct your TikTok followers to other paid pages. Things you might charge for on Patreon include behind-the-scenes videos, branded merchandise (your brand, of course), live chat, custom videos, and more.
How to choose the best method to receive payments on TikTok
There are many ways to make money on TikTok, but how do you decide which method is right for you? Consider the following questions to narrow down your options.
what are your goals?
Do you want to promote your brand and get paid, or do you want to use the platform to promote your own business? When trying to choose the best way to make money on TikTok, it ultimately comes down to what you're trying to do. You need to consider whether there are any.
How big is your following?
Without some sort of following, your options for making money are even more limited. To make money with TikTok's Creator Fund as an influencer or brand ambassador, you need a significant amount of followers and video views.
What is your niche?
What are you paying attention to on TikTok? Are you interested in beauty, comedy, dance, clean living, or fitness? Your niche may be better suited for certain money-making opportunities than others. For example, if all your videos feature you dancing, a song promotion may be easy to apply.
Frequently asked questions (FAQ)
Do I need followers or likes on TikTok to make money?
It depends on how you plan to make money on TikTok. If you want to make money through the TikTok Creator Fund, you need to have at least 10,000 followers and at least 100,000 video views in the past 30 days.
How much do TikTokers earn?
A TikToker's income varies greatly depending on the number of followers, number of video views, and how TikTok is monetized.
How many views do I need on TikTok to make money?
To start earning money through Tikok's Creator Fund, you need at least 100,000 video views in the past 30 days. You also need to have at least 10,000 followers. You must apply for the TikTok Creator Fund through your Pro/Creator account.
How is TikTok Creator Fund revenue calculated?
The amount you earn is based on a variety of factors, including the number of views, reliability of views, and level of engagement with your content. The amount you can earn varies depending on what is posted by the TikTok community on any given day.
