Everyone’s buzzing about ‘TIKTOK!’ nowadays. Both youngsters and adults are getting into this trending video-sharing app. In addition, users on TikTok are finding ways to make money. If you’re interested in discovering effective, behind-the-scenes techniques to earn money from TikTok, focus not just on creating popular videos but also on monetizing your presence.
Answer:
To earn money from TikTok, you can participate in the TikTok Creator Fund, create videos for brands, host live sessions, receive virtual gifts, sell TikTok accounts, earn from TikTok ads, and generate income by sharing special links and more.
TikTok is turning regular people into internet stars overnight. Just look at Charli D’Amelio – she’s now the most popular person on TikTok, even more than Loren Gray. This is your chance if you’ve ever considered becoming a social media star. Don’t wait any longer. Sign up for TikTok and get started! 3, 2, 1 – let’s go!
Earn Money On TikTok
Famous TikTokers earn money from their content, which is quite fascinating. TikTok, being a commercial-friendly app, offers opportunities for earning.
But don’t rush to quit your 9-5 desk job to make TikTok videos immediately for money.
Patience is key. Wondering why? Let me explain. TikTok was designed purely for entertainment. It doesn’t directly provide income.
You might wonder about potential earnings on TikTok.
Rest assured, you can make a decent living by using its built-in monetization smartly and creatively. Let’s not delay, and now let’s explore the basic methods to earn on TikTok, shall we?
Also Read: Is TikTok Getting Banned In The US?
14 Ways To Earn Money From TikTok
Lots of people dream of making their hobby their full-time job. You can turn your hobby into a job if you learn how to make money from your videos. Here are 14 ways to make money from TikTok.
- Join The TikTok Creator’s Fund
- Create Sponsored Content on TikTok
- Go to Live Streaming on TikTok
- Receive Virtual Gifts On TikTok
- Grow TikTok Accounts and Sell Them
- Get Paid For TikTok Ads
- Promote Your Products Through the TikTok Ads Platform
- Offer Management Services
- Provide Consulting Services
- Shift Your Fan Base to Other Social Media
- Middleman in Service
- Place Affiliate Links
- Promote Music Track
- Donations
1. Join The TikTok Creator’s Fund
As a content creator, your goal is to discover fresh ways to generate income from your content. One excellent avenue to achieve this is becoming part of the TikTok Creator’s Fund.
The TikTok Creator’s Fund allows creators to make money from their TikTok videos. To join this program, you need a TikTok account and a video that fulfills the specified criteria.
Once you gain admission to the program, you’ll have the chance to earn money for each view your video receives. Therefore, if you’re looking for a novel method to monetize your content, explore the benefits of the TikTok Creator’s Fund.
2. Make Sponsored Content On TikTok
Earning through sponsored content on TikTok is possible.
The process is as follows: Brands will contact TikTok influencers with a substantial following and propose sponsorship arrangements.
These influencers will design a video endorsing the brand’s product or service. In exchange, they’ll receive a percentage of the sales produced from their video.
If you want to boost your income, think about creating sponsored content on TikTok. You never know; you could be the next rising star.
3. Go to Live Streaming on TikTok
Another way to make money from TikTok is through live streaming.
When you go live on TikTok, share valuable content about your expertise with your followers.
Since TikTok has an integrated monetization system, users can purchase coins from their profiles. They can acquire a hundred coins for $1.39. If they appreciate your live content, they can send you these coins to express gratitude for your effort and creativity.
While this method might not yield substantial earnings, TikTok allocates 80% of the coin’s value to your profile, assisting in growing your account.
Furthermore, you can convert the coins into diamonds and subsequently exchange the diamonds for real money via PayPal.
4. Receive Virtual Gifts On TikTok
Making money from TikTok isn’t limited to just the top influencers with millions of followers.
For the rest of us, there’s still a way to earn additional income on TikTok without reaching celebrity status. You can achieve this by receiving virtual gifts.
When fellow users send you these virtual gifts, you accumulate points that can be transformed into cash.
The higher your popularity, the more gifts you’ll receive.
If you aim to boost your earnings through TikTok, begin by growing your follower base and actively engaging with your audience.
You never know; you might discover yourself making more money than you initially imagined!
5. Grow TikTok Accounts and Sell Them
This approach has gained popularity in eCommerce.
After selecting your niche and crafting appealing content for your numerous followers, you can directly approach brands closely tied to your chosen topic.
If they can access your account, marketing their products becomes effortless.
They will gladly purchase your account to facilitate this, allowing them to market their products easily.
Identify your account’s perfect customer, sell your TikTok account, and promptly earn money.
6. Get Paid For TikTok Ads
This is how it operates: Companies can display advertisements on TikTok, and when users view these ads, the company pays TikTok.
Subsequently, TikTok shares a part of this advertising earnings with the creators who produced the videos featuring the ad.
Hence, if your TikTok video gains popularity, you could generate income each time someone watches it.
Naturally, amassing wealth overnight through TikTok ads is unrealistic.
However, if you consistently produce high-quality videos that people enjoy, you have the potential to generate a respectable income from your creative work.
Therefore, if you want to monetize your TikTok skills, remember the chance to earn money through advertisements.
7. Promote Your Products Through TikTok Ads Platform
You can register for the TikTok ads platform to market and vend your items, similar to how you would on Instagram and Facebook.
Simply allocate a budget to craft engaging ads for your products and anticipate TikTok users seeing them and making purchases.
This approach enables you to enhance the sales of your products via TikTok.
8. Offer Management Services
Some TikTokers have many followers but can’t think of creative posts anymore.
Some creators gain followers quickly and don’t know what to do next. This could be your great chance to help them.
Imagine how they feel, make nice content, and help them handle offers they get.
9. Provide Consulting Services
Once you become well-known on TikTok, you’ll discover how to get more people to watch your videos. You can use this skill to make money.
Those who want to be famous on TikTok would want to learn from you and might pay you.
If you know how to create good TikTok content and have experience, you can assist others in making attractive content. This could lead to sponsorships or partnerships with other influencers.
As a consultant, you can also get some of the deals you help them secure.
10. Shift Your Fan Base to Other Social Media
This method is an indirect way to make money through TikTok. Here’s how it operates:
After building a fanbase on TikTok, you can guide them to your YouTube, Instagram, Snapchat, and Twitter accounts.
As your followers track your other accounts, you’ll open the doors for more sponsorship deals.
Connect your YouTube and Instagram accounts to your TikTok account by following these easy steps:
- Visit your TikTok Profile section.
- Click on Edit Profile.
- Choose Add Instagram or YouTube.
- Utilize your special hashtags.
Your followers will also use your hashtags, promoting your TikTok account and other social media profiles.
When Instagram and YouTube monetize your content, redirecting your fanbase from TikTok will indirectly help you make money.
11. Middleman in Service
You can make money on TikTok by managing influencer deals.
Imagine you’re the middle person between a famous TikToker and a company that wants to sponsor them.
Some groups handle deals for Instagram stars.
You can also start a group to connect well-known TikTok creators with brands that want to work with them.
Brands can find influencers on TikTok, but it costs a lot. Instead, brands can talk to your group, and you can charge a fee to help them make agreements.
This way, you get money, and the brand saves some.
12. Place Affiliate Links
Lastly, there’s an important way to earn money called affiliate links.
You can also use this on TikTok too.
Include real Amazon referral links in your TikTok bio. This way, your followers can see the products you recommend.
Make sure the links match what your followers like.
For example, if you post a skincare video, add a short and interesting web link for the products you mentioned.
This will encourage your followers to click the link and immediately buy the skincare items.
13. Promote Music Track
You can make money by promoting music tracks on TikTok. And it’s not just small amounts – if you do it right, you can earn a good income from your TikTok account.
The first thing is to pick songs that are popular on TikTok. There’s no point in promoting a song that no one is interested in. Once you find some songs people like, ask the artists or labels if you can promote their music on your profile.
If they agree, make videos with their songs. Ensure your videos are really good so more people watch (and you earn more).
You’ll start making money on TikTok when your videos get more views. If you want extra income, try promoting music tracks on TikTok. You can start making money from your TikTok account quickly with some effort.
14. Donations
Another highly popular way to earn money from TikTok is by going live and receiving donations from viewers, similar to how it’s done on Twitch during live streams.
Here’s how the donation process works on TikTok:
- Once you have a TikTok account, you can access your profile and buy coins. A hundred coins cost $1.39.
- If a creator or influencer you like goes live, you can send them coins to appreciate their content creation efforts.
- The creator or influencer will receive the coins, which they can convert into diamonds. These diamonds can then be converted into cash using PayPal.
Also Read: How To Make Slideshow Photo Videos With Music On TikTok?
Is It Necessary To Have A Large Following To Earn Money On TikTok?
No, you don’t need many followers to make money on TikTok. While having many followers can help, there are ways to earn money even if you don’t have a big following.
Some ways, like promoting songs or sharing links, don’t need many followers. Like Twitch, you can also make money by doing live videos and getting donations from viewers. It’s more about making content people like and engaging with them than having many followers.
Steps To Earn Money From TikTok
Now that you’ve learned about different ways to earn money on TikTok, here’s a simple step-by-step guide to assist you in making money through the platform.
Step 1: Be Famous On TikTok
Once your TikTok account is set up, don’t let it gather dust. Just having a TikTok account won’t lead to fame.
No magic trick turns you into a star overnight. Sure, some people become popular quickly, but remember, it’s not the case for everyone.
Stay optimistic, though. All you need is engaging content, hard work, creativity, and luck.
Who knows, one day, your videos might go viral, and you could mingle with Charli D’Amelio the next day. Anything’s possible!
Now, here are some things you should and shouldn’t do to gain fame:
Do’s:
- Use good lighting
- Create relatable videos
- Incorporate trending songs, hashtags, and challenges.
- Interact by replying to comments.
- Collaborate with and react to popular creators.
- Craft compelling stories
Don’ts:
- Violate community guidelines
- Make videos shorter than 10 seconds.
- Use horizontal orientation
- Create politically charged content
Also Read: Easy Steps to Change/Add Phone Number in Tiktok in 2023
Step 2: Become A “True” Influencer
These days, lots of people say they’re influencers, and this causes some issues online. But being a “real” influencer is what matters.
Some people fake it by buying followers or showing off expensive things to get free stuff from brands, and then they write reviews about them.
Instead, aim to be a true influencer with real followers who are regular people.
Pick a topic you love and stick to it.
Make interesting videos or posts that keep your followers interested when you talk about that topic.
A real influencer makes their opinions helpful, and people trust what they say to decide if something is good and worth the money. Also, always have something smart to say to your followers and suggest things you actually use and really like.
When you have lots of followers, brands might pay you to talk about their stuff.
Stay honest and build a strong bond with your followers that lasts a long time.
By doing this, you raise your chances of working with big-name brands.
Step 3: Make A Unique TikTok Profile
Start by making a special and interesting profile.
Choose a catchy username and share the good stuff.
Your main aim should be getting lots of followers. Don’t expect to make money from TikTok right away.
Step 4: Research Research and More Research
Choose quality over quantity. Research, learn about popular TikTok challenges, do your work, understand your audience’s feelings, and make content.
Don’t create content randomly. While you might be good at making a lot, users care more about the quality.
Step 5: Link Your Other Social Media With Twitter
Additionally, to grow your audience and connect with more people, you can utilize other social media and video-sharing platforms such as Facebook, Instagram, YouTube, and more.
You could also potentially generate income through these platforms.
Step 6: Use TikTok Tools To Reach Out To More Audiences
Try out TikTok Live, follow influencers in your field, and engage with their audience by leaving comments.
Include hashtags to attract organic traffic, too.
Step 7: Earn Money From TikTok
Lastly, put your plan into action to make money on TikTok, as I explained earlier in this article. Reach out to brands to display their products.
Normally, brands pay influencers more than any other techniques you select. You can also explore affiliate marketing, where you sell items using your special link and gain a commission.
Also Read: How To View Private TikTok Accounts?
What Is Live Gifting, And How Can I Make Money From It?
Live Gifting on TikTok refers to the practice of viewers sending virtual gifts to content creators during their live broadcasts. These gifts, often represented as digital icons or animations, hold monetary value. Content creators can then convert these virtual gifts into real money.
To make money from Live Gifting on TikTok, creators should build an engaged audience by producing compelling and interactive content. During live broadcasts, they can encourage viewers to send gifts as a way to support them. By fostering a loyal following and creating entertaining content, creators can increase their chances of earning money through Live Gifting on TikTok.
Also Read: How To Enable Microphone Access On TikTok?
How Do TikTok Ads Contribute To Earning Money?
TikTok ads help people and businesses make money. They let companies show their stuff to many people on TikTok. When these ads get seen or clicked on, the businesses pay TikTok some money.
Also, regular TikTok users can earn money too. They can team up with companies to talk about their products in videos. The companies pay the TikTok users for doing this. So, TikTok ads make money for both companies and people who make videos.
Also Read: How to Enable or Disable Comments on TikTok?
How To Withdraw Money From TikTok?
Assuming you have a sponsored post and have received coins from your viewers, it’s time to withdraw your earnings from TikTok. To receive payment, you’ll need an up-to-date and accurate PayPal account.
TikTok has a minimum threshold of $100. This means you must have at least $100 to cash out any amount less than that. If you don’t meet this requirement, you won’t be eligible for withdrawal.
Additionally, you cannot withdraw more than $1000 per day.
For detailed instructions on how to withdraw, you can check the TikTok FAQ on withdrawal.
You’ll also be earning through affiliate marketing or sponsorships. Earnings from affiliates will go to your affiliate account, and payment will follow their specific rules.
As for sponsored posts, businesses will directly deposit payments into your bank account.
Also Read: How To Get More Likes And Followers On TikTok?
Frequently Asked Questions (FAQs)
Here are some of the frequently asked questions related to this topic, and they are as follows:
Can I Earn Money Through Sponsored Content On TikTok?
Yes, you can earn money through sponsored content on TikTok by partnering with brands. Creating videos that promote their products or services allows you to make money from your TikTok presence.
How To Find Diamond Balance On TikTok?
To find your TikTok diamond balance, begin by opening the TikTok app. Proceed to your profile and tap the hamburger icon. Access the settings and privacy section, then select “Balance.” Finally, review your diamond balance within the Live gifts option.
What Are The Benefits Of Using TikTok For Business?
Using TikTok for your business offers significant advantages. These include reaching diverse audiences, fostering organic growth, utilizing a TikTok business account, and running paid ads. These benefits make TikTok an appealing platform for businesses to market their products or services.
How To Get TikTok Coins Without Paying?
The answer varies. While TikTok coins usually require payment, some platforms offer free coins for completing certain tasks. Be cautious of scams promising coins through tasks; often, they don’t deliver the promised TikTok coins without payment.
Conclusion
Hence, you now possess a complete set of techniques for generating income on TikTok.
Rumors have circulated that TikTok might enable accomplished TikTokers to profit from their videos, similar to YouTube’s approach.
I hope these rumors hold, as such a development would allow you to earn directly from TikTok. Until then, embrace these methods and steps and relish the experience!
