10 Different Ways To Make Money On TikTok
- 1 Let’s Take A Look At Ways To Make Money On TikTok
- 2 Make Money With TikTok Creator Fund
- 3 TikTok Video Gifts And Tips
- 4 Ways To Make Money On TikTok Partnering With Brands
- 5 Make Money By Using Sounds On Your Videos
- 6 Affiliate Marketing On TikTok
- 7 Create And Manage TikTok Accounts For Brands
- 8 Join The TikTok Creator Marketplace And Work Directly With Brands Within The App
- 9 Sell Your Own Online Courses On Tiktok
- 10 So Let’s Do A Recap Of Ways To Make Money On Tiktok
- 11 Conclusion
TikTok has become the main short video sharing platform and in today’s article, we are going to take a look at ways to make money on TikTok. The platform has over a billion monthly active users. Tiktok makes it easy to create content just by using your smartphone, you can record and edit your video within the app. You are able to add text overlays, you can set duration for the text overlays, you can also add transitions, manage clips, where you are able to edit each clip individually to create a smooth end product.
Furthermore, you can add stickers and sound to your videos. And Recently Tiktok has added lots of cool effects that creators can use to make some really cool short videos. And now the money part, There are many ways to make money on TikTok. Creators on TikTok have a variety monetize their accounts.
Let’s Take A Look At Ways To Make Money On TikTok
The most common and popular way that creators make money on TikTok is by live stream gifts, this is when people send you gifts that you can redeem for cash vial pay pal, I have covered this subject in another article but basically, you collect gifts and when you the gifts in form of diamonds and when the diamonds reach a value of $50 you can then go ahead and redeem them via your Pay Pal.
Make Money With TikTok Creator Fund
Tiktok has a creator fund that rewards creators by paying them for views, now some creators have complained that after joining the creator fund their views started dropping. Tiktok has disputed these claims, stating that “joining the creator fund has absolutely no negative affect on your views at all” yet there is another group of creators on Tiktok who are very happy with the creator fund. To join the creator fund, there are some requirements that you have to meet.
You must be over the age of 18, must be a resident of the qualifying countries, currently, the list of qualifying countries is very short, US, UK, Germany, France, Italy, And Spain. You must have at least 10k followers and you must have at least 100k views in the last 30 days. To learn more on how to join the TikTok Creator fund, please visit this page here
TikTok Video Gifts And Tips
I recently noticed some creators have the option for their followers to gift them directly on the video, when you see the option to live a comment you will also see an option to give a gift. This is a great opportunity for the creators because their fans can easily reward them for their work.
Another option is to leave a tip, this option enables your followers to send you a tip, tips start at $5 and there is an option of $10 and $15 respectively. To benefit from this feature as a creator, you must meet the following requirements, you must be 18 and over, your account must be in good standing, based on Tiktok community guidelines, and you must be a resident of the US, and have over 100k followers.
All the information about this can be found on your profile in the TikTok app, just tap on the three lines next to your profile picture, then go to creator tools, and then go to creator portal, and then scroll to where it says, getting paid to create.
Ways To Make Money On TikTok Partnering With Brands
There are many brands looking to partner with creators so their presence can be felt on the platform and they can get as many eyeballs as possible on their products and offers. Creators have been able to strike some amazing deals where they get paid good money to just create videos for brands.
You can also make money on TikTok by selling your own merchandise. The good thing about the TikTok users, is they seem to be ready to spend money, which has been evident especially when it comes to brands like Shein who have become very popular on the app. So if you have a good product and you are able to meet the customer’s needs and to deliver on time, you can do some serious business on TikTok.
Personally, I have seen some businesses that have started on Tiktok and they are thriving and growing into brands.
Make Money By Using Sounds On Your Videos
There is a website called bigtinysound where tiktokers, can register, as long as you have 1k followers you can use sounds on bigtinysound.com and if you get lots of views and likes, you get paid the amount set aside for that sound, it could be from $50 to even $300. You of course need to follow the requirements for the video, it should be an original video, you shouldn’t add any other audio to the video, and you shouldn’t promote other sponsorships in the same video. Another website that you can use is sound.me
Affiliate Marketing On TikTok
You can promote other people’s products on TikTok for commissions, this is called affiliate marketing, basically what you do is sign up for an affiliate program, then you get a special link that contains your ID, each time someone buys a product using your link, you get a commission. This is a great way to make money online, and once you set it up correctly, you are able to earn passive income.
So when it comes to TikTok, you can either do product reviews on Tiktok and have a link tree or a landing page that contain your links, so once someone clicks the link on your TikTok bio, they will be sent to your landing page, where they can proceed to the product. For you to have a link on your bio, you must have at least 1000 followers on TikTok.
Create And Manage TikTok Accounts For Brands
Brands will always want to have a presence of social media and as I mentioned earlier, Tiktok is the biggest and the most popular platform right now, so if you can create an account targeting a particular niche, you can approach a brand and sell that account to the brand and also offer them an opportunity to hire you to manage the account.
This approach could make you have a steady income stream. Alternatively, you can just create and grow TikTok accounts and sell them to different brands, to archive this, you will have to be super niche targeted. So you will need to research which brand you want to target, then create content that matches their products, then grow the account by targeting people who are interested in that topic.
Once you get a considerable amount of followers, then it’s time to, contact brands that would be interested in buying the account.
Join The TikTok Creator Marketplace And Work Directly With Brands Within The App
You can actually work directly with brands within the Tiktok app, all you have to do is go to TikTok Marketplace, sign up, and then you will have access to brands that are already on Tiktok. To sign up to TikTok, just go to Creator Tools, then creator portal, and then proceed to Getting Paid To Create, and then go to Creator Next, then you will see all the information about Creator Marketplace and how to sign up, you will also see a list of the qualifying countries, so far the list consists of 24 countries.
By joining the Tiktok creator marketplace, you will not only get to collaborate with brands but also get advice on how to create brand-able videos, with will help you get more brand sponsorships.
Sell Your Own Online Courses On Tiktok
This is a great way to make money on Tiktok, I have seen many creators who have created online classes and have gotten subscriptions from Tiktok, one of those is a lady who does belly dancing, she created a belly dancing online class and I couldn’t believe how she was able to actually get so many subscribers to her class.
Another girl teaches pole dancing, and yup, she has created a business teaching people on TikTok, how to pole dance. You can create a cooking class, fitness class, the options are endless, people are always interested in learning something new especially if it’s something fun. Actually, there is even a lady who has made a business out of teaching people how to use TikTok.
So Let’s Do A Recap Of Ways To Make Money On Tiktok
- Receive virtual live gifts when you do live streams on TikTok
- Get direct video gifts from your fans
- Receive tips
- Sell your own merchandise
- Brand partnerships
- Get paid to use sounds on your TikTok videos
- Affiliate Marketing make commissions by sending customers to different brands
- Create and manage TikTok accounts for brands
- Join the TikTok Creator Marketplace, and work directly with brands within the TikTok app
- Create and sell your own online courses
When TikTok first began, it was not taken seriously, but now the app has become a powerhouse. There are many money-making opportunities on Tiktok, but the first step is of course to join the app and start creating content. If you are creative you can even be on TikTok, without even showing your face.
There are accounts that have millions of followers and have no face behind them, some are quote profiles, and some are just information accounts. If you join websites like Canva.com pexels and pixabay, those three websites are enough to help you create some really amazing TikTok videos without ever showing your face.
Anyway, I hope you have found my article helpful, and remember, the most important thing is to take action, go ahead and create your TikTok account now if you don’t have one.
Thank you for your time.