Have you ever wondered about how to make money on your mobile by just doing silly or playful things?
TikTok has taken the internet by storm in recent years, and it doesn’t show any signs of slowing down. With over 800 million active users, TikTok is a great platform for promoting products and services.
TikTok offers the best techniques to make money. So, you have read the title of this article How to make money on TikTok, fortunately, you have found the best place to learn money-making techniques.
In this article, we are going to discuss some amazing strategies to start making money on TikTok.
6 Best Ways to Make Money On TikTok
1. Selling Products directly
One way to make money on TikTok is by selling products directly on the platform. You can set up a shop on TikTok and sell products that you create or that you have sourced from other businesses.
There is no need to refer followers to other platforms to purchase your products. TikTok Shop Feature adds a shopping button to your profile and your followers can simply purchase those products by clicking this button.
You will need to create engaging videos to promote your products and encourage people to make purchases. You can also offer discounts and special offers to encourage people to buy from you.
2. Get Paid by Creator Fund
TikTok offers a Creator Fund that pays creators based on their engagement and the number of views they get.
To be eligible for the Creator Fund and make money on TikTok, you must be 18 years old and have at least 10,000 followers. You will also need to verify your account and provide TikTok with your bank account information.
Once you are accepted into the Creator Fund, you will start earning money based on your engagement and views.
The amount you earn will vary depending on how popular your videos are. However, TikTok typically pays creators between $50 and $500 per month.
3. Redirect Traffic and Make Money
You Can redirect traffic to your other social media platforms or websites and make money online.
For example, if you have a large following on TikTok, you can share a link to your website or YouTube channel in your bio.
This will help to increase traffic to your other platforms and websites, and you can then earn money from ads or affiliate marketing.
TikTok ads can be a source of traffic for your website, eCommerce store, or your TikTok Shopping tab. You can run in-feed ads to boost your products and goods.
Moreover, gamers can also upload clips of their live streams from video games to drive traffic to their Twitch, YouTube channel, or Facebook page.
4. Earn through Affiliate Programs
You can make money on TikTok through affiliate programs. Affiliate programs allow you to earn commission on sales of products that you promote.
To be successful with affiliate marketing on TikTok, you need to find the right products to promote and create engaging videos that will convince people to buy them.
You can also make money on TikTok by selling products that you create yourself. This could be anything from e-books to physical products.
If you have a large following on TikTok, you can also make money by partnering with brands and promoting their products in your videos.
You can send traffic to your Pinterest account, Facebook Page, or Twitter account where you can more freely place affiliate links.
5. Make Money with Sponsored Content
TikTok offers a great opportunity for users to make money through sponsored content. Sponsored content is when a brand pays you to post a video that promotes its product or service.
TikTok users with a large following can demand a high price for sponsored videos.
To find sponsored content opportunities, start by searching for brands that are relevant to your TikTok niche.
For example, if you post videos about fashion, search for fashion brands that are looking for influencers to promote their products.
Once you find some potential opportunities, reach out to the brands and convince them to do a sponsored video.
6. Sell your Account.
Often people use this strategy to make money by creating social media accounts and then selling them after some time.
Currently, people make money through their social media accounts just by flipping their accounts.
You need to have engaging content on your account if you want to sell your TikTok account.
You’ll also require a specific amount of loyal audience. ‘Niche’ accounts sell easily because the buyer can pursue creating the same content to maintain the audience.
Such as, if you sell an account that promotes short videos related to clothing, the brand can continue posting the same type of content in the future.
For selling TikTok accounts, you have to engage with followers more often, and assist buyers on how to get more traffic on their newly purchased accounts.
How Much Money Can You Make on TikTok?
So, how much money can you make on TikTok? It depends on several factors, such as your number of followers, the engagement you get on your videos, and whether or not you have monetization enabled on your account.
If you have a large following and your videos get a lot of engagement, you could potentially make thousands of dollars per video.
However, even if you have a smaller following, you can still make decent money if you have monetization enabled.
Most well-known creators earn up to $1,000 per Video. You can also generate handsome income if your videos get lots of views and engagement.
Conclusion
Making money on TikTok is possible, but it’s not going to be easy. If you’re serious about making money on the platform, you’ll need to put in the work and be creative with your content.
Don’t rely only on one platform i.e. TikTok to make money. You can run profitable Facebook ads, create a productive Instagram following, and set up a money-making eCommerce store.
You can also check this guide on passive income ideas to get started. Do whatever you want. All opportunities are open.