Want to earn some money from TikTok?
Yes, “TIKTOK!” This is what we literally hear from everybody’s lips these days.
Not only the youngsters but the adults are also enjoying this viral video-sharing app.
Along with this, TikTok users are also earning money on this platform.
So do you also want to learn secret and quite helpful methods to earn money from Tiktok? Then work not only on making popular videos but also to make money on TikTok.
Answer:
To earn money from TikTok, what you can do is:
1. Join The TikTok Creator’s Fund
2. Make Sponsored Content On TikTok
3. Go Live Streaming On TikTok
4. Receive Virtual Gifts On TikTok
5. Grow TikTok Accounts and Sell Them
6. Get Paid From TikTok Ads
7. Place Affiliate Links, and so on.
Some people are becoming overnight internet sensations because of TikTok.
Besides, Charli D’Amelio has become the most followed individual on TikTok, surpassing the previous most-followed account of Loren Gray.
Seeing a common person turn into a social media personality, you might have also been interested in stepping on this platform.
So, what are you waiting for? Sign up on TikTok in 3,2,1 and go!
Earn Money On TikTok
What if I say that famous TikTokers actually make money from their content? Pretty fascinating, right?
Since TikTok is a commercial-friendly app, you certainly can earn from TikTok.
Hey, that doesn’t mean you need to quit your 9-5 desk job and start making videos on TikTok right now in hopes of earning a pretty penny.
Have patience! Why you may ask. Here are the reasons I will tell you why.
TikTok was built for entertainment purposes only.
So, this app doesn’t provide income directly.
You might be having doubts about how much you can earn from TikTok.
However, be assured that you can earn a good living using this in-built monetization platform if used smartly and creatively.
Let’s not waste any time and dive into the basic methods to make money on TikTok, Shall we?
13 Ways To Earn Money From TikTok
Turning one’s hobby into a full-time job has been the dream of many, so learning how to earn money from the videos you make can turn your hobby into a full-time job.
Here are 14 ways to make money from TikTok.
- Join The TikTok Creator’s Fund
- Make Sponsored Content On TikTok
- Go Live Streaming On TikTok
- Receive Virtual Gifts On TikTok
- Grow TikTok Accounts and Sell Them
- Get Paid From TikTok Ads
- Promote Your Own Products Through TikTok Ads Platform
- Offer Management Services
- Provide Consulting Services
- Shift Your Fan Base to Other Social Media
- Middleman at Service
- Place Affiliate Links
- Promote Music Track
- Donations
Join The TikTok Creator’s Fund
As a creator, you always want to find new ways to earn money from your content.
And what better way to do that than by joining the TikTok Creator’s Fund?
The TikTok Creator’s Fund is a program that allows creators to earn money from their TikTok videos.
To join the fund, you only need a TikTok account and a video that meets the requirements.
Once you’re accepted into the program, you’ll be able to earn money for every view your video gets.
So if you’re looking for a new way to earn money from your content, be sure to check out the TikTok Creator’s Fund.
Make Sponsored Content On TikTok
You can get paid to make sponsored content on TikTok.
Here’s how it works: brands will contact influencers who have a large following on TikTok and offer them a sponsorship deal.
The influencer will create a branded video promoting the product or service.
In return, they’ll earn a commission on any sales that are generated from their video.
So if you’re looking for a way to earn some extra cash, consider making sponsored content on TikTok. Who knows, you might just become the next big thing.
Live Streaming
The second method of earning money from TikTok is live streaming.
Go live on TikTok and show some good live content based on your area of expertise to your followers.
Since TikTok is a built-in monetization platform, TikTok users or TikTokers can buy coins from their profiles.
They can buy a hundred coins for $1.39. So, if they really enjoyed your live content, they can send you their coins as a thank-you for your effort and creativity.
You will not be able to earn a hefty sum from this method, but TikTok passes 80% of the value of the coins to your profile, thus helping you to build your account.
Also, you can turn the coins into diamonds and then convert the diamonds into cold hard money through PayPal.
Receive Virtual Gifts On TikTok
Sure, you can earn money from TikTok by becoming a top influencer with millions of followers.
But what about the rest of us? Is there any way to make some extra cash from TikTok without being an A-lister?
Fortunately, the answer is yes! You can earn money from TikTok by receiving virtual gifts.
When other users send you gifts, you earn points that can be converted into cash.
The more popular you are, the more gifts you will receive.
So if you’re looking for a way to make some extra money from TikTok, start by building up your following and engaging with your fans.
Who knows, you might just end up making more money than you ever thought possible!
Grow TikTok Accounts and Sell Them
This method is becoming more popular in eCommerce.
Once you have chosen your niche topic and started creating attractive content for your thousands of followers, you can reach out to those brands specifically related to that topic.
They can easily sell their products if they have access to your account.
To do so, they would be more than happy to buy your account.
So, find the ideal customer for your account, sell your TikTok account, and earn money immediately.
Get Paid From TikTok Ads
Here’s how it works: businesses can place ads on TikTok, and when users watch those ads, the business pays TikTok.
Then, TikTok shares a portion of that advertising revenue with the creators who made the videos that featured the ad.
So, if you have a popular video on TikTok, you could earn money every time someone watches it.
Of course, you’re not going to get rich overnight from TikTok ads.
But, if you consistently make quality videos that people enjoy watching, you could start earning a decent income from your creativity.
So, if you’re looking for a way to make money from your TikTok skills, don’t overlook the opportunity to earn money from ads.
Promote Your Own Products Through TikTok Ads Platform
You can sign up for to TikTok ads platform to promote and sell your own products just like you do on Instagram and Facebook.
All you have to do is put some budget to create a few catchy ads for your products and then wait for the TikTokers to witness and buy your products.
This way, you can sell more of your products through TikTok.
Offer Management Services
If you are experienced in production and have a strong background in storytelling, you can offer management services to the TikTokers.
Some TikTokers have a lot of followers but are unable to think and post creative content anymore.
Some creators get millions of followers overnight and don’t know what to do next.
This might be your golden opportunity to be their knight in shining armor.
Step in their shoes, create beautiful content, and help them manage offers that come their way.
Provide Consulting Services
After you become famous on TikTok, you will learn the techniques to get more views on your videos.
You can use this power to earn money.
People who are interested in getting famous on TikTok would be keen to learn from you and even pay for your service.
With proper background and experience in creating TikTok content, you can help people create alluring content and get any sponsorship deals or partnership offer with other influencers.
As a consultant, you can also earn a percentage from the deals you make for them.
Shift Your Fan Base To Other Social Media
This is an indirect way of earning money from TikTok. Here’s how it works:
After growing your fanbase from TikTok, you can shift them over to YouTube, Instagram, Snapchat, and Twitter.
Once your followers start following your other accounts, you can get more sponsorship deals.
Link your YouTube and Instagram account with your TikTok account by following these simple steps:
- Go to your TikTok Profile Tab
- Tap on Edit Profile
- Tap on Add Instagram or YouTube
Use your own unique hashtags.
Your followers will also use your hashtags and advertise your TikTok account along with your other social media accounts.
As Instagram and YouTube monetize your content, shifting your fanbase from TikTok will indirectly help you to earn money.
Middleman At Service
You can manage the influencer campaign as a way of earning on TikTok.
In other words, you can be the middleman or the broker between an influencer and a brand that has offered sponsor deals to the influencer.
Some agencies serve Instagram influencers.
You can also form an agency to reach out to famous influencers and brands who want to work with them.
The brands can search for the influencers with the help of a built-in internal influencer program in TikTok, but they have to pay a hefty percentage to the app to create an agreement.
Instead, the brands can reach out to your agency, and you can charge a service fee to manage agreements.
This way, you will earn money, and the brand will save a little amount.
Place Affiliate Links
Last but not the least, we have affiliate links.
You can earn money by linking it to TikTok.
Put the actual Amazon referral links on your TikTok bio to attract your followers to check out the products available on the link.
Make sure you have the right affiliate links for your followers.
If you upload a skincare video on your TikTok account, then put a short and catchy URL of the products you used in the video.
This will inspire your followers to click the link and buy the skincare products directly.
Promote Music Tracks
By promoting music tracks on the platform, you can start generating revenue.
And it’s not just a few cents here and there – with the right strategy, you can earn a decent income from your TikTok profile.
The first step is to identify which songs are currently popular on TikTok.
There’s no use promoting a track that no one is listening to.
Once you’ve found some potential hits, reach out to the artists or labels and ask if you can promote their music on your profile.
If they agree, start creating videos that feature the tracks.
Make sure your videos are high quality and engaging, as this will help to increase the number of views (and therefore, earnings).
Once your videos start racking up views, you’ll start earning money from TikTok.
So if you’re looking for a way to generate some extra income, consider promoting music tracks on the platform.
With a little effort, you can start earning money from your TikTok profile in no time.
Donations
Another very popular method of making money from TikTok is going live and collecting donations from viewers, just like you do it on Twitch, where you live stream and ask for donations.
Here is how donation works on TikTok:
- When you create a TikTok account, you can go into your profile and purchase coins. It will cost you $1.39 for a hundred coins.
- Next, when one of your favorite creators/influencers goes live, you can send them coins to thank them for their effort in creating content.
- Now, the creator of the influencer will collect coins and will turn them into diamonds, which they can convert into cash via PayPal.
Steps To Earn Money From TikTok
Now that you have learned about various methods to make money from TikTok, here is a quick step-by-step guide to help you make money from TikTok.
- Be Famous On TikTok
- Become A “True” Influencer
- Make A Unique TikTok Profile
- Research Research and More Research!
- Link Your Other Social Media With Twitter
- Use TikTok Tools To Reach Out To More Audiences
- Earn Money From TikTok
Step 1: Be Famous On TikTok
Now that you have made your TikTok account, does not just sit idle.
Just creating a TikTok wouldn’t help you get famous.
There is no magic wand that can make you a star overnight.
Okay, I admit that I had mentioned earlier that some people are getting popular overnight but focus on the word ‘some.’
Not everyone can get famous overnight.
Don’t get your hopes down, though.
All you require is attractive work, effort, creativity, and a little bit of luck.
Who knows, your videos might get viral one fine day, and you will become best friends with Charli D’Amelio the next day? Who knows?
So, here are a few Dos and Don’ts you need to follow to get famous.
Dos
- Use great lighting
- Create relatable videos
- Use trending songs, hashtags, and challenges
- Comment back!
- Duet and react to popular creators
- Create good stories
Don’ts
- Break community guidelines
- Make videos less than 10 seconds
- Use horizontal formatting
- Create politically charged content
Also read: Easy Steps to Change/Add Phone Number in Tiktok in 2022
Step 2: Become A “True” Influencer
Today, anybody can become an influencer, which has brought social media controversy.
This is because attractive people consider themselves influencers.
You might have already noticed that I have emphasized the word “true.”
This is because buying fake followers, showing expensive stuff you own, and fooling the brands to hand you their products in exchange for reviews and promotion is not what true influencers do.
Instead, become a true influencer by having actual human beings as your followers.
Choose a niche topic that you are passionate about.
Make appealing content so your followers will pay attention to your opinions on that topic.
A true influencer adds value to his or her opinions, and people can genuinely rely on those opinions to know whether something is worth their time and money.
Likewise, always prepare something meaningful to say to your followers and recommend genuine products and brands you use yourself.
With lots of followers, the brands will definitely pay you for boosting their products.
Be true and honest with your followers and build a strong relationship with them for the long term.
By doing this, you will have a high chance of getting deals from high-end brands.
Step 3: Make A Unique TikTok Profile
The first step is to create your profile unique and attractive.
This is only possible when you use a catchy username and provide relevant great content.
Your first moto should be increasing as many followers as possible.
Do not expect to earn money from TikTok right away.
Step 4: Research Research and More Research!
Quality over quantity is a thing here. Do research, know about the trending challenges on TikTok, do your homework, understand the mood of your audience, and create content.
Don’t go out and create content randomly.
You may have mastered the quantity, but it is all about the quality of content that the user is after.
Step 5: Link Your Other Social Media With Twitter
Next, to increase your audience and reach out to more people, you can use the help of other social media and video-sharing platforms like Facebook, Instagram, YouTube, etc.
You might be able to earn money from these platforms too.
Step 6: Use TikTok Tools To Reach Out To More Audiences
Go live on TikTok, follow other influencers from the same niche, and connect with their audience from the comment.
Use hashtags so that you will get organic traffic too.
Step 7: Earn Money From TikTok
Finally, use your strategy to earn money from TikTok, which I mentioned above in this article.
Approach brands to showcase their products.
Usually, brands offer more money to influencers than any of the methods that you choose.
You can even go for affiliate marketing here, selling products through your affiliate link and earning a commission.
How To Withdraw Money From TikTok?
Let’s suppose you have got your sponsored post on your account, and maybe you got coins from your viewers.
Now, it’s time to withdraw your money from TikTok.
So, to get paid or withdraw money from TikTok, you will need a PayPal account.
Your account detail should be up to date and accurate.
The minimal threshold on TikTok is $100. That means you will need to have USD 100 for you to cash out any lesser than that amount.
You are not eligible to withdraw.
Likewise, you cannot withdraw money more than USD 1000 per calendar day.
Here is the link to TikTok FAQ for withdrawal instruction.
Next, you will be earning from affiliate marketing or sponsoring.
The money you earn from the affiliate will be registered to a respected affiliate account, and you will get the payment per their rule.
And for the sponsored post, the business will directly deposit it to your bank account.
Frequently Asked Questions (FAQs)
Here are some frequently asked questions related to the topic.
How To Find Diamond Balance On TikTok?
To find a diamond balance on TikTok, first, Open TikTok > Go to your profile > Tap on the hamburger icon > Go to settings and privacy > Balance > Check your diamond balance on the Live gifts option.
What Are The Benefits Of Using TikTok For Business?
There are major benefits to using TikTok for your business, such as its audiences, potential for organic growth, TikTok business account, ability to run paid ads, etc.
These benefits make it an attractive platform for businesses to market themselves.
How To Get TikTok Coins Without Paying?
The answer is both yes and no.
You cannot get TikTok coins without paying from TikTok, but some platforms provide free coins if you perform specific tasks.
There are also enough scams that ask you to perform tasks but you wouldn’t get TikTok coins without paying.
Conclusion
There you have all the methods to make money on TikTok.
Rumors say that TikTok will allow successful TikToker to earn from the videos just like on YouTube.
Hope this is true because if it happens, you can directly earn from TikTok. Till then, follow these methods and steps and enjoy!
So did you find this article helpful? Do comment below to share your experience and if you have any input on the topic!
