5 Ways to Make Money on TikTok
TikTok is a video-sharing platform that has taken over the internet. Almost everyone has TikTok on their phone and looks at videos in their past time. TikTok may seem like a website where you can upload short videos to entertain people, but you can make money on TikTok.
There are millions of TikTok creators that are making money with their videos. If you’ve ever wanted to get into the influencer world or make money online, here are 5 practical ways to make money on TikTok:
TikTok’s Creator Fund
You can earn money by signing up for TikTok’s Creator Fund. TikTok rewards its creators for creating popular and engaging videos on their platform. They get paid based on the number of views they have. To qualify for TikTok’s Creator Fund, you need to have 10,000 followers and have at least 100,000 legit views in 30 days.
You have to post original content and follow TikTok’s guidelines. TikTok’s creator fund will not make you rich, but you can earn some side income.
If you have a decent amount of followers, you can make money on TikTok with affiliate marketing. Affiliate marketing is when you get a commission for promoting a product. One of the most popular affiliate programs is Amazon Associates.
When you grow your TikTok following, you can promote Amazon products. For example, if you have a TikTok that talks about electronics, you can put a link to a camera. If one of your followers makes a purchase, you will get a small commission. Some other affiliate programs are Share a Sale and CJ affiliates.
Your followers can send you virtual gifts by purchasing coins and gifts from their profiles. Then they can give their favorite creator coin payments or virtual gifts during live videos. TikTok creators can cash in the coins for real money. You have to have 1,000 followers in order to go live on TikTok.
Promote Your Business
TikTok is a great social media platform to use for promoting your business. Whether you have an eCommerce store or courses, TikTok can give you the customers you are looking for.
One of the best ways to make money by promoting your business on TikTok is to provide value to your followers so they can take action and make a purchase.
You can create videos about your merchandise and use your popularity to get sales. If you have a course or an eBook, you can put a link to it on your profile.
If you’re looking for a lucrative way to make money on TikTok, you can do sponsorships once you reach a large number of followers. As an influencer, you can get paid thousands of dollars to promote services and products.
You can reach out to companies or businesses may contact you. Make sure you only do sponsored posts that are relevant to your content. Never bombard your followers with sponsorships. Always keep your videos genuine and honest.
Making money on TikTok is not as hard as it may seem. Once you have a good amount of followers, you can make some side income or do TikTok full time. It is important to build trust with your audience before making money on TikTok. When you follow these 5 practical ways to make money on TikTok, you will have a substantial amount of income.