TikTok has taken the world like a storm! In a very short period, TikTok has become popular among millions of people all around the world. Initially, it has started from just a social entertaining platform through short-form videos.
But now, TikTok is an effective game changer in the internet world with a variety of features!
Do you know anyone who can make money on TikTok?
Yes! From creating captivating content to affiliate marketing, you can make a good amount within a short span.
Are you excited about how to make money? Today we can see the most interesting ideas to earn lots of money on TikTok. Keep reading!
1. Promote Your Skill, Business & Brand
Promoting your own brand or business is the basic method of making money on TikTok. In this way, you don’t have a large following or become an influencer.
TikTok is absolutely a free and effective platform to sell your own products and services. You can also promote your existing business to get more reach and awareness. Just promoting a business on TikTok is not enough. You should do something creative than others to achieve incredible reach.
Creating videos in funny, creative, and attractive content will add value to your business. As a result, you can generate more leads to your business and drive huge sales rapidly.
2. Use TikTok Creator Fund To Make Money
TikTok recently launched its own creator fund, where people can make money by posting valuable content regularly. So, if you create content successfully that is relevant to the TikYok community, you can earn money through this creator pool.
In 2020, TikTok allocated $70 million as a creator fund, and it will distribute to creators who have quality and original content.
TikTok recently announced the eligibility requirement of the creator fund. It includes,
- You have at least 10K followers
- You need at least 10K video views in the last 30 days.
- You must complete 18 years
If you have all these requirements, you can get the opportunity to make money on the TikTok creator fund.
3. TikTok Monetization On Live streaming
Did you know how to make money via TikTok live streaming?
It is similar to YouTube live streaming! If you have at least 1000 followers on TikTok, you can start live broadcasting and make money. Here are the tips to earn lots of money once you start live streaming:
- TikTok users can already buy coins through in-app purchases by using their own money.
- Once you go live on TikTok, viewers can give you coins in the form of gifts if you provide valuable live content.
- Afterward, you can convert that gift into diamonds and change it as real money by using PayPal or other apps.
According to the data, 80% of TikTok users live streams to build their profile and make enough money. Thus, TikTok live is the income stream for every TikTok account.
4. Be An Influencer On TikTok
An influencer is a famous person who can increase purchasing decisions. Because they have huge popularity, credibility, and strong bonding with their audiences. Becoming an influencer on TikTok is a brilliant way to enhance your online presence and make more money.
Most business people take advantage of influencer marketing to promote products and encourage followers to buy their products. Engagement and authenticity are two important factors when you want to reach your brand content to large people.
If you have massive views and instant TikTok likes for TikTok videos and genuine followers count, you will get more opportunities to invite huge sponsors to your profile. As a result, you can make lots of money by promoting their products among the followers of your profile.
5. Affiliate Marketing
There are many affiliate marketing programs available in the market that will help you make lots of money. Here are the steps how affiliate marketing world and how to make money with them;
- Most brands try to expose their goods to large audiences. Also, they can decide what they want to get, such as a purchase, app installations, an order, and more.
- Affiliate networks find advertisers and affiliate marketers from TikTok. You can visit them via the website and social media links, and messaging apps.
- Bloggers use affiliate marketing to promote their offers. Each offer has a unique link that helps the advertiser to visit their site and do some action.
Example of affiliate marketing,
The amazon influencer program allows you to recommend their products to your TikTok followers. Through this, you can make money when they buy products you promote. If your following is large enough, you can easily earn lots of money.
6. TikTok Monetization On Creator Marketplace
Creator marketplace is the official program for brands and content creators to collaborate with more people and earn money. Most advertisers and businesses find influencers and creators who are eligible to promote their brand, product, or services.
You can access the complete data of influencers such as age, gender, location, and more. As a business owner, you can use this creator marketplace to find the perfect one, collaborate with them to promote your content to thousands of people, and earn more revenue.
7. Link To Other Social Media Networks
The more people watch your TikTokvideos, the more chances you will gain. If you link your TikTok profile to all other social media accounts such as Instagram, YouTube, Facebook, and more, you can gain immense popularity shortly.
In this way, your followers of those accounts will get the chance to watch your TikTok videos and follow your profile. It is absolutely a beneficial method to make more money and increase your online presence.
Here are the steps to add your TikTok account to YouTube and Instagram:
- Go to TikTok profile
- Click the edit profile option
- Select add Instagram and add YouTube option.
There are lots of marketing techniques evolving in the internet world. But, earning money from TikTok is easier compared to all other social networks. When you choose effective apps and techniques before doing the money making activities, you can achieve more success.
I hope this article will help you to know all about TikTok monetization and enhance your popularity among the younger generations!
Thanks for reading!
Alison Williams is a social media content writer who works at Flatfitty. She is an experienced social media analyst. Her passion is to contribute to engaging content for authority blogs and websites. You can also visit her online at Twitter!