How To Earn Money On Tiktok; The 10 Best Ways
How to earn money on Tiktok may be a question in your heart now. If you think you could benefit from TikTok's growing popularity, now is the time to give it a try. "TikTok is the future," says Jones.
A lot of people are going to look back two or three years like, 'Man, I wish I'd started earlier.'" He (Jones) added. Sometimes it pays to have an idea of what you can make day to day or even month to month before setting out.
How Much Money Do Tiktokers Make?
TikTokers with a large following can earn $200,$300,$100 and even $5,000 per month, depending on the size of followers. TikTokers make money depending on many factors, including millions of followers, location, and views.
Creators who create videos with dance and music often get the highest engagement and highest earnings in the millions. For example, 19-year-old TikToker Josh Richards has earned more than $1 million through sponsorship deals with Houseparty and Reebok.
- Sell products to TikTok users
- Join the TikTok Creator Fund
- Create sponsored content
- Grow and sell TikTok accounts
- Earn money from TikTok ads
- Accept virtual gifts
- Management services
- Manage influencer campaigns
- Join the TikTok creators' marketplace
- Become a brand ambassador
Now Let's Explore How To Earn Money On Tiktok
1. Sell Products To Tiktok Users
One of the great benefits of being a social media influencer is that you can also use your popularity to sell products. As part of your influencer marketing strategy, you can use your platform to sell t-shirts, artwork, clothing lines, souvenirs, and other merchandise to your followers.
2. Join The Tiktok Creator Fund
The TikTok Creator Fund rewards creators for creating engaging and popular videos on the platform based on the number of views YOUR videos receive. To participate in the TikTok Creator Fund program, you must be at least 18 years old and a legal resident of one of the 50 states in the USA.
Meet a minimum threshold of 10,000 authentic followers; Have at least 100,000 authentic video views in the last 30 days; post original videos according to the TikTok community guidelines.
3. Create Sponsored Content
Another way to generate income through your TikTok channel is through sponsored posts. As a social media influencer, you can collaborate with brands and create sponsored posts to promote products and services.
4. Grow And Sell Tiktok Accounts
Sometimes companies want to be present on TikTok, but they don't know how to do it. You can help them by growing followers organically and a niche by selling TikTok accounts on sites like Accfarm, 123accs, and Fameswap.
Suppose you plan to create a side business by switching TikTok accounts. In that case, you need to develop a strong content strategy, engage with followers regularly, and regularly post content to increase engagement.
5. Earn Money From Tiktok Ads
TikTok ads offer businesses great opportunities to increase their reach with customers. You can earn money on TikTok for Business by using in-feed video ads, branded takeovers, branded hashtags, and branded effects to help you make good ad revenue.
6. Accept Virtual Gifts
TikTok users can purchase gifts and coins through their profiles. They can then gift their virtual gifts and coin payments to their favourite TikTok creators during TikTok Live Videos, where creators can redeem them and receive real money in return.
7. Management Services
You can also make money on TikTok by providing needed management services. This is where you can provide your services by helping many with a content strategy, e.g. capitalizing on offers, meeting content production goals, and helping them grow their followers.
8. Manage Influencer Campaigns
You can also manage influencer campaigns by acting as an intermediary between a TikTok creator and a brand. As an influencer campaign, you help businesses connect with TikTok influencers and ensure key campaign activities are carried out for a fee.
9. Join The Tiktok Creators' Marketplace
You can join the TikTok Creator Marketplace to collaborate with sponsors and brands, and all you have to do is mention their products or services in your videos. You must have at least one hundred thousand followers to be eligible.
TikTok's Creator Marketplace includes an analytics tool to help businesses understand their engagement's reach, demographics, and views.
10. Become A Brand Ambassador
Brands are always looking for influencers who can help drive customers to their products and services. As a brand ambassador, you will help brands increase their social media presence, spread positive messages and influence consumer sales. In addition to being paid, you will be paid as a brand ambassador and will be able to expand your professional network.
How To Earn More Money From Tiktok Videos
Now that you know some of the ways you can earn money from TikTok, here are some tips on how to make more money from TikTok videos.
Upload Content Regularly – Your success depends on your ability to upload consistent content regularly. You must continually create compelling content that your followers continue to like, share, and encourage others to follow.
Cultivate A Large Following – As with other social networks, the secret to your success lies in the number of followers you can gain. It would help if you gained as many followers as possible, and this requires you to upload videos regularly. The more followers you have, the more influence you will have on TikTok.
Engage With Your Audience: As a TikTok influencer, you not only have to generate content, but you also have to engage with your followers actively. That means you have to listen to them, produce the content they're looking for, answer questions, and produce live streams.
Employ Other Social Media Platforms: You can help improve your chances of visibility and engagement by choosing to promote your TikTok channel on other platforms like Facebook, Instagram, or YouTube.
Conclusion
We see countless influencers earn millions of dollars a year from their TikTok accounts, and that is no secret. TikTok has grown incredibly fast since its debut in 2016: It's the first app not owned by the almighty Facebook to hit three billion installs.
Sure, TikTokers make money, and is that a venture you want to undertake, from viewer to creator? We shared above a gold mine that can earn YOU great money if you really put in the effort and are not lazy.