6 Ways To Make Money On TikTok

You must have already built an audience before you can start making money on TikTok in any of the many ways. If you’re brand new to the site, you should learn the ropes first before thinking about making money off your profile.

TikTok Creator Fund

TikTok provides monetary incentives to its most popular content creators. If you’ve built up a sizable following on TikTok, you may be eligible to participate in the Creator Fund programme.

TikTok has a “views for cash” system. Participating creators in the Creator Fund programme receive compensation of two to four cents per thousand views. You stand to gain financially if your video gains widespread attention. Even if your videos never go viral, they will still generate a regular revenue stream.

Why not give it a shot?

In order to participate in the Creator Fund and earn money on TikTok, you must fulfil certain criteria. Get in touch with the Creator Fund if you fit any of these categories:

• Minimum of 18 years old.
• Be followed by at least 10,000 people.
• You have been viewed at least 100,000 times in the past 30 days.
• Put content on the account that complies with TikTok’s TOS and Community Guidelines.
• When your application to join the programme is accepted, you’ll be on your way to making money with TikTok videos.

TikTok commercials

Branded or sponsored content is a common way to earn money on social media. Consequently, why not use it to generate income on TikTok? The app lets you identify the content you post that can be monetized.

Here’s the deal with TikTok ads: they pay you to make videos. You enter into a pact with a brand. To promote it, you upload a video. Your services are compensated by the company. You might get paid to upload a video to your profile, or your earnings could be tied to the number of customers you bring in or the number of people who watch your video.

Affiliate marketing

If you’re worried that you won’t be able to make money on TikTok because no major brands currently offer sponsorship, don’t be. Pick related products, gather affiliate links, and publish a promotional video. OK, that’s all there is to it! When people use your links to buy stuff, you get a cut of the profits.

You can monetize your TikTok channel in a number of ways, one of which is by promoting affiliate products. Creators can be found most easily through a search of the TikTok affiliate platform. The ability to sell items in the TikTok Shop and stream videos on Livestream is required. You can use affiliate programmes from companies other than TikTok if you don’t have them. Consider some of the products sold by Amazon’s affiliates.

Make it simple for readers to access your affiliate links. More of them will follow suit and purchase the wares as a result. 

Put your product out there

TikTok can be profitable without the use of any brands. Do some self-promotion! Whether you have a factory full of steaming pipes or a computer full of information, you can find something that works for you. Unless your grandma also has her own TikTok account, you’re out of luck trying to sell her cookies or any of your merch.

Publish videos that demonstrate how your product can be used. Use humorous videos to engage your audience, informative videos to teach them about your product, and promotional videos to promote it. Your TikTok bio should include a link to a purchase page for your product. As a result, you attract paying customers on TikTok.

Donations and gifts made while the recipient is still alive

Live streaming is another way to monetize your TikTok content. Make use of the TikTok donation system during your live broadcasts. The app supports this method of monetizing an account through in-app purchases.

TikTok allows users to accept donations during live broadcasts. You can broadcast live in the app if you have one thousand or more followers. As an added bonus, viewers can send you gifts while you’re broadcasting. Diamonds can be traded for these presents. Diamonds can be traded for cash.
You can monetize your TikTok live streams even if you don’t have 1,000 followers. However, additional work is required. Pick a different streaming service and direct your TikTok viewers there. Promote your broadcast by posting videos announcing it. 

Advice from TikTokers

You’re not limited to live broadcasts to solicit contributions from viewers. With the addition of the Tips button to your profile page, you can monetize any content you upload to TikTok. You’ll receive payments at any time from any user.

It goes without saying that there are limitations to how much money you can make from TikTok Tips. In order to join Creator Next, you need to have at least 10,000 followers and be over the age of 18. If that’s the case, you’re welcome to the gratuities. To collect payments from your customers, you must sign up for a Stripe account.

We’re aware that you may not have 10,000 followers, but that doesn’t mean you don’t want help learning how to use TikTok and making money off of it.

Final Thoughts

You’ve just learned the secret to making money on TikTok. And you’re free to pick the best option, or even a few, for yourself. Fundraising and/or brand promotion are both viable options. Additionally, the platform may compensate you for views. Think about how you can best utilise your skills and how much money you hope to make.

The amount of money you can make on TikTok is largely determined by how well-known you are on social media. The greater your number of followers, the greater your potential earnings. You need a solid TikTok marketing strategy if you want to increase your earnings. Put a link to your TikTok account in your Instagram bio, for instance, to attract more viewers.