How To
Make Money on TikTok
How much money can you make on TikTok?
As a member of TikTok’s Creator Fund, payouts are between $0.03
to $0.04 cents per 1,000 views. Unless you gain millions of views per post,
don’t expect to get rich with the Creator Fund.
But, it might become a good source of passive income for those
who post consistently and rely on sponsored partnerships to make real money.
Speaking of sponsorships, this is one of the easiest ways to
make money on TikTok as a micro- or macro-influencer.
Did you know , 11 Best Money-Making Strategies on TikTok.
1. Join
your favorite brands’ referral programs.
2. Sell
products on TikTok (digital or physical)
3. Promote
brands and other influencers
4. Join
TikTok creator fund
5. Collect
tips from your followers
6. Enable
virtual gifts
7. Run
crowdfunding campaigns
8. Create
(and sell) merchandise
9. Become
a creator on patreon and earn money from subscriptions
10. Create
a landing page featuring all your initiatives
11. Sell your TikTok account
Affiliate commissions may start at 5% and reach 50% of the
product price.
Some of the highest paying affiliate niches are categories like:
o Personal
finance / investing
o Top/best
credit cards
o Online
dating
o Online
gaming
o Personal
care / beauty
o Software
/ technology
o Home
security
o Petcare
Brands usually offer a very simple process for affiliate
marketers to join their referral programs. Most often, you’ll just need to fill
in a short form and wait for the company to approve you as an affiliate
marketer. When you’re approved, you can access your custom affiliate links
and/or unique coupon codes.
Most brands are trying to sell products directly from their
eCommerce store on platforms like Shopify or BigCommerce, or directly through
Amazon — both which can be done through affiliate links on TikTok.
To promote your deals — create tutorials, lifestyle videos, and
other forms of content where you could subtly promote your affiliate products
and place affiliate links in the most prominent positions.
While TikTok doesn’t allow personal accounts to include
clickable links within video captions, there are plenty of workarounds you can
try:
You can Sell your products on TikTok (digital or physical)
What about selling your own products on TikTok? If you don’t
have any physical products to sell, you can think of an idea for a digital
product. Some of the best-selling e-products are:
o Recipe
books
o Relocation
guides
o Travel
guides
o Skincare
guides
o Meal
plans
o Educational
materials
o Workout
plans
o Templates
and tools
o Cheat sheets
o Challenges
(fitness, time management, etc.)
o Podcasts
It’s easier to sell digital products when you have already built
authority and your audience trusts you.
You can Promote brands or other influencers
Aside from affiliate marketing, there’s one more way to earn
money by promoting retailers and influencers on TikTok — you can partner with
them directly.
Instead of paying for TikTok ads to get traffic, brands and
creators often choose to collaborate with other influencers, which adds just
one more monetization strategy to your arsenal.
You’ll need to meet the following criteria to join the
community:
o A
TikTok creator account
o Over
100,000 followers
o At
least 3 fresh videos within the last 28 days
o Over
100,000 likes on posts within the last 28 days
o Over
18 age limit
o Located
in one of these 24 countries
Once you’re a member of the marketplace, you can receive
requests from brands or apply to open campaigns.
In case you don’t qualify for the marketplace or prefer not to wait for opportunities but create them, you can try to proactively pitch to brands you like. When pitching your TikTok account, make sure to include the following information:
o Your
profile link
o Your
audience demographics and engagement statistics
o Why
you think your audience matches their target customers
o Your
video examples
o Your
rates
Perhaps you might want to include an idea for a campaign you
could create for the brand — it would increase your chances of getting a
contract.
To earn money you can Join TikTok Creator Fund
TikTok can become a nice side hustle or even a full-time job if
you effectively use all the monetization tools the social network gives you.
The social media platform has developed a bunch of programs to
support creators, and the TikTok Creator Fund is one of them.
It’s clearly not the highest-paying strategy, but it can be a
nice addition to your overall monetization strategy.
The TikTok Creator Fund has been launched to support creators in
the U.S., UK, Germany, Italy, France, and Spain. If you’re a legal resident of
one of these countries, have a following of at least 10,000 people, generated
at least 100,000 video views in the last 30 days, and your content follows
TikTok Community Guidelines, you’re eligible to join the program and start
earning your commissions from TikTok.
Unfortunately, there’s no concrete way to estimate your
potential earnings with the TikTok Creator Fund, so it’s hard to calculate the
commission precisely. TikTok claims that “a
number of factors influence how funds are calculated for videos under
the program.”
Once you join the fund, you’ll be paying a tiny commission for
every video you publish from now on.
You can withdraw money ($10 minimum) 30 days after the month
ends with your preferred payment method (PayPal or Zelle).
Collecting tips from your followers will help you to steam line your channel..
If you Enable virtual gifts you can get gift from your viewers for your videos.
Virtual Gifts are more than funny stickers. You can exchange
them for Diamonds, which can be redeemed for money. TikTok’s Diamonds are worth
50% of the value of your Video Gifts, and each Diamond costs around $0.05. It
means that when you receive a Gift that costs 2,000 coins, you get 1,000
Diamonds valued at around $50. After TikTok retains 50% of the sum, you’ll get
$25 for the Gift.
You can apply to enable Video Gifts if you meet the following requirements:
o Live
in a location where Video Gifts are available
o 18
years of age or older
o At
least 10,000 followers
o Your
account is at least 30 days old
o You
published a public video in the last 30 days.
Mind that you can’t receive Video Gifts if you have a business account or your videos include:
o Duets
and stitches
o Ads,
sponsored content, or promoted posts
You can Run a crowdfunding campaign you’re not
eligible for the Tips and Gifts features in Creator Next or just want to scale
your fundraising, you can use a crowdfunding platform
.You can Create your merchandise and sell it on TikTok
Do you have a loyal audience? No matter how big your follower
base is, you can monetize on TikTok by selling your own merch. You don’t have to
be a celebrity to create merchandise that people want to buy. You may just have
a few phrases that people have caught — why not print those on t-shirts and
hoodies?
There’s almost no limit to what you can customize and sell on TikTok:
o Candles
o Socks
o Water
bottles
o Mugs
o Stickers
o Artwork
o NFTs
o Notebooks
o Tote
bags
Creators can attach their logo, catchphrase, or artwork on any
of these products. Making short videos and featuring merch in creative ways can
attract attention and drive sales.
It’s a good idea to release limited merch collections to build
hype around the release and create scarcity for each collection.
To sell your merchandise, you may include links to landing pages
below your videos or right in your bio or create a TikTok shop and add
clickable product snippets in your posts. To create a catalog, you’ll need to
have a business account.
if you Become a creator on Patreon, you can earn money from subscriptions
You
can turn to Patreon to offer exclusive content to your TikTok fans for a
subscription price. It’s not only a way to raise money but also a powerful
method for strengthening relationships with your audience.
What can you offer to your TikTok followers on Patreon? Plenty of things:
o Access
to gated content
o Early-access
videos
o Member-only
live streams
o Limited-time
offers
o Q&A
sessions
o Personal
consultations
o Uncut
material or deleted scenes from your videos
o Behind-the-scenes
material
You can also create different packages and offer tiered pricing
to make your memberships accessible to everyone.
Restrain from tricking your fans into buying Patreon
subscriptions while not being able to offer them any exclusive content on the
platform. If you aren’t ready to craft quality content outside TikTok, you can
still make money with Tips and Video Gifts.
Create a landing page featuring all your initiatives
You don’t have to choose only one monetization strategy. You can
sell merch, make sponsored content, and run a closed community on Patreon at
the same time. But you shouldn’t forget to link to your initiatives on your
TikTok account.
Build a simple landing page where all your activities and
campaigns are featured so that your fans always know where to go when they want
to support you.
If your account is doing well , you can Sell your TikTok account and make money from it.
If your TikTok profile isn’t built on your personal brand, you
can always sell it for great money. With an engaged audience and great content
history, you’ll surely find a person or a business willing to take over your
account.
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