How To Earn Money From TikTok? 10 Ways and Step By Step Procedure in 2022

Do you want to learn secret and quite helpful methods to earn money from Tiktok? Then work not for only making popular videos but also to make money on Tiktok.

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.

From an unknown Chinese-developed app to the overnight viral social media platform, TikTok has been the most downloaded app of all time. Just like the app itself, some people are becoming an overnight internet sensation 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!

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.

5 Proven Ways to Monetizing TikTok ...
5 Proven Ways to Monetizing TikTok Videos Easily

There is no magic wand that can make you a star overnight. Okay, 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 works, 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 Do’s and Don’ts that you need to follow to get famous.

Do’s

  • 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

Make Money on TikTok

earn money from 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. However, you can earn a good living if you use this in-built monetization platform smartly and creatively. Let’s not waste any time and dive into the basic methods to make money on TikTok. Shall we?

Become a “True” Influencer

Today, anybody can become an influencer and this has brought controversy in social media. This is because attractive people are considering themselves as influencers. You might have already noticed that I have emphasized the word “true”. This is because buying fake followers, showing expensive stuff that 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 that 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 then recommend genuine products and brands that 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.

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.

Grow Accounts and Sell Them

This method is becoming more popular in the eCommerce. Once you have chosen your niche topic and started creating attractive content to 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. In order 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 right away.

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, then you can offer management services to the TikTokers.

There are some TikTokers who have a lot of followers but are unable to think and post creative content anymore. There are some creators who 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 contents, 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 contents, you can help people to create alluring content as well as get any sponsorship deals or partnership offer with other influencers. As a consultant, you can also earn a percentage from the deals you made 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 you 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 so, 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 who has offered sponsor deals to the influencer.

There are agencies that 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 for creating 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.

Amazon Referral Links

Last but not the least, we have Amazon referral 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.

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:

  1. When you create a TikTok account, you can go into your profile and purchase coins. It will cost your $1.39 for a hundred coins.
  2. Next, when one of your favorite creators/influencers goes live, you can send them coins as a way of thanking them for their effort for creating content.
  3. Now, the creator or the influencer will collect coins and will turn into diamonds. Which they can convert into cash via PayPal.

Steps to Make Money From TikTok

Now that you have learned about various methods to choose to make money from TikTok, here is a quick step by step guide which will help you to make money from TikTok.

Step 1: 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 contents. Your first moto should be increasing as many followers as possible. Do not expect to earn money from TikTok right away.

Step 2: 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 3: 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 4: Use TikTok Tools to Reach Out More Audience

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 5: Earn Money From TikTok

Now finally use your strategy to earn money from TikTok that I have 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 earn 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, its time to withdraw your money from TikTok. So, in order 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 sponsored. The money you earn from affiliate will be registered to a respected affiliate account and you will get the payment as per their rule. And for the sponsored post, the business will directly deposit it to your bank account.

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!

References

https://www.distractify.com/p/can-you-make-money-on-tik-tok

https://elisedarma.com/blog/how-to-make-money-on-tiktok

https://www.techjunkie.com/make-money-tik-tok/

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