Last updated on 5th July, 2024 at 02:57 pm
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Are you spending hours scrolling through TikTok every day? What if I told you that you could turn your addiction into a source of income? Yes, that’s right- you can make money on TikTok.
If you’re wondering how to make money on TikTok, I can help you with that.
In this post, I’ll be sharing with you 9 genius ways to monetize your TikTok presence and earn at least $1,000 per month.
With over 800 million active users, TikTok has become a goldmine for content creators and influencers looking to monetize their presence on the platform.
Whether you’re an aspiring musician, a fashion enthusiast, or simply enjoy creating entertaining videos, there are multiple ways to earn money on TikTok.
How Much Does TikTok Pay?
Curious about how TikTok pays its content creators? Well, you’re not alone.
For instance, TikTok typically pays between $0.02 and $0.04 for every 1,000 views.
So, if your video reaches a million views, you could earn anywhere from $20 to $40.
Keep in mind that these rates can vary based on factors like your content’s engagement and niche.
You might be thinking, “Isn’t that a bit too low? I mean, just $40 for a million views?”
Trust me, I get where you’re coming from.
I found myself pondering the very same question, and it got me wondering, “Is this truly worth my while?”
That’s precisely why TikTok content creators don’t put all their eggs in one basket.
How Much Do Tiktokers Make?
Take Zach King for example. Known for his mind-boggling magic and illusion videos, Zach King has captivated TikTok users worldwide.
He used TikTok as a platform to showcase his creative work and expand his audience. His success on TikTok has led to various brand collaborations and increased his income.
In the previous year (2022), Zach King, one of the highest-earning TikTok stars, reportedly earned over $3 million from his TikTok and YouTube endeavors.
What about Charli D’Amelio, the most-followed person on TikTok?
According to a Quora post, Charli’s earnings per TikTok video are estimated to be between $25,000 and $50,000, with the possibility of going even higher.
These figures are estimates and can vary based on various factors such as brand partnerships, sponsored content, and the popularity of her videos.
How Do You Make Money on TikTok?
So, you want to know how to make money on TikTok? I can help you with that.
TikTok isn’t just about dancing and lip-syncing anymore; it’s a platform where you can turn your creativity into cash.
Let’s dive right in, and I’ll show you some fun and inventive ways to fatten up your wallet while scrolling through those addictive short videos.
1. Go Live and Receive Gifts
When it comes to making money on TikTok, one of the easiest ways is by going live and engaging with your audience.
During your live sessions, viewers can send you virtual gifts as a form of appreciation.
These gifts can be converted into Diamonds, which can then be exchanged for real money.
Going live on TikTok is simple; you only need a stable internet connection and a smartphone.
Once you have reached 1,000 followers, the live feature becomes available on your account.
To start a live session, follow the steps below:
- Simply tap on the plus (+) icon
- Select the live option, and add a title, hashtags, and other relevant details
- Go live!
During your live sessions, try to keep your viewers engaged by responding to their comments and questions.
You can also use this opportunity to showcase your talent or share valuable content with your audience.
The longer you stay live, the more likely you are to receive virtual gifts from your viewers.
By consistently going live and engaging with your audience, you can easily earn over $1,000 per month on TikTok.
This makes it one of the most popular TikTok money-making strategies for creators looking to monetize their presence on the platform.
2. Promote Songs
If you have a passion for music or simply love creating lip-sync videos, you can monetize your TikTok account by promoting songs.
One of the ways to do this is through sponsored posts, where you collaborate with artists or music labels to promote their songs on your TikTok profile.
Alternatively, you can incorporate the songs into your videos and get paid through affiliate marketing.
By promoting songs, you not only earn money but also get exposure to new audiences and build a following on TikTok.
To start monetizing your videos through song promotions, you need to understand the basics of TikTok monetization.
There are different ways to earn money on TikTok, such as the Creator Fund, sponsored content, and selling merchandise.
But to get started with song promotions, you simply need a sizable following and the ability to create engaging videos that feature music.
Once you have established yourself as a TikTok influencer, you can start reaching out to artists and music labels for collaborations.
You can also join influencer marketing networks that connect influencers with businesses and brands looking for sponsored content.
By promoting songs, you not only earn money but also support the music industry and help artists reach new fans.
Overall, monetizing your TikTok videos through song promotions is a great way to earn money and showcase your creativity.
With the right strategies and consistent effort, you can turn your love for music and TikTok into a profitable venture.
3. TikTok Creator Fund
This program was launched to support and reward eligible content creators on the platform. To qualify for this program, you must:
- Based in the U.S., UK, Germany, France, Italy, or Spain
- Be at least 18 years old and above
- Have at least 10,000 followers
- Gained at least 100,000 views in the last 30 days
- And consistently post original content that follows TikTok’s community guidelines.
The amount you can earn from the Creator Fund depends on various factors, including the number of video views and engagement metrics.
TikTok doesn’t disclose the exact amount it pays creators per view, but reports suggest it ranges from $0.02 to $0.04 per 1,000 views.
This may not seem like much, but if you have a sizable following and create engaging content consistently, the income can add up quickly.
It’s worth noting that not all countries have access to the TikTok Creator Fund yet.
However, the platform is expected to expand the program to more regions in the future.
4. Product Reviews
One of the most popular ways to earn money on TikTok is through product reviews.
As an influencer with a sizable following, you can collaborate with brands and businesses to showcase their products in your videos and provide your honest opinions and feedback.
These partnerships can generate revenue through sponsored content and affiliate marketing, where you earn a commission for every sale that comes through your unique referral link.
To maximize your earning potential, it’s important to be selective with the brands you partner with and only promote products that align with your audience’s interests and values.
In addition to earning money, product reviews can also help you grow your following and establish yourself as an authority in your niche.
By providing valuable insights and recommendations, you can build trust and credibility with your audience and attract new followers.
- Partner with brands and businesses to promote their products
- Earn money through sponsored content and affiliate marketing
- Be selective with the brands you work with and promote products that align with your audience’s interests and values
- Product reviews can also help you grow your following and establish yourself as an authority in your niche
With the right approach and a strong sense of authenticity, product reviews can be a great way to monetize your TikTok presence and build a sustainable income stream.
5. Sell Via TikTok Shop
Setting up a TikTok shop can be a great way to monetize your TikTok presence.
As a seller, you can sell a variety of products ranging from branded merchandise, personalized products, home decor, and even electronics.
You can also offer exclusive promotions and discounts to your followers to boost sales.
To set up a TikTok shop, you need to meet certain eligibility criteria, including having a certain number of followers and adhering to TikTok’s community guidelines.
Once approved, you can create your shop and start selling products directly to your followers.
The TikTok shop also offers a way to earn money through affiliate marketing. By promoting other businesses’ products through your TikTok shop, you can earn a commission on each sale made through your referral link.
In addition to selling products, the TikTok shop provides a space for you to showcase your creativity and brand identity.
By creating custom products that align with your TikTok content, you can offer a unique experience to your followers and establish a stronger connection with them.
6. Sponsored Posts
One of the most popular ways to make money on TikTok is through sponsored posts.
This involves partnering with brands or businesses and promoting their products or services in your videos.
As a TikTok influencer, you can leverage your large following to reach a wider audience and earn money through sponsored content.
To get started with sponsored posts, you need to be strategic about the brands you work with.
Ensure that the products or services align with your audience’s interests and stay true to your personal brand.
This will ensure that your sponsored content remains authentic and engaging for your followers.
Brands may approach you directly for sponsored posts, or you can seek out opportunities through influencer marketing platforms.
Some of the popular platforms for finding sponsored content opportunities include HypeAuditor, AspireIQ, and TikTok Creator Marketplace.
When creating sponsored posts, it’s important to follow TikTok’s advertising policies and guidelines.
Always disclose when your content is sponsored and ensure that the promotion is clearly stated in the video. This transparency will help you build trust with your followers and maintain your credibility as an influencer.
Sponsored posts can be a lucrative way to monetize your TikTok presence and earn a good income.
With the right strategies and partnerships, you can turn your content creation hobby into a profitable career.
7. TikTok Rewards
Another way to make money on TikTok is through reward programs.
So, what’s TikTok Rewards all about? Well, it’s like a treasure chest waiting to be discovered, and here’s the scoop in my own words:
TikTok Rewards is TikTok’s way of spreading the love and the wealth. It’s their referral program that lets us, the TikTok enthusiasts, earn real-time rewards by doing something we probably do already – inviting our friends to join the TikTok party.
To be eligible for TikTok Rewards, you need to have an active TikTok account – that’s the first step.
Then, there’s a minimum age requirement you must meet to enjoy the benefits of the referral program.
Now, these age criteria can vary depending on where you are:
- If you’re in Egypt, you’ll need to be 21 or older.
- In Japan, it’s 20+.
- Korea sets the bar at 19+.
- And for users in all other countries, you’ll need to be 18 or older.
If you don’t meet these age requirements, you won’t be able to hop on board the TikTok Rewards train.
Additionally, if you happen to work for TikTok or if your account has been flagged as a scam by TikTok’s risk control team, you won’t be eligible either.
So, as long as you’re of the right age and have a genuine TikTok account, you’re all set to explore the exciting world of TikTok Rewards and start making the most of it.
8. Host Live Events
If you have a strong following on TikTok, you can leverage your popularity by hosting live events.
It’s a great way to connect with your fans and earn money at the same time. You can choose to host a live performance, Q&A session, or even collaborate with other TikTok creators.
Hosting a live event can help you earn money through ticket sales or sponsorships.
You can charge a fee for access to these events and offer exclusive content to your followers. Alternatively, you can monetize your live events through sponsorships.
Brands may be willing to sponsor your event in exchange for exposure to your audience.
When hosting a live event on TikTok, make sure to promote it beforehand to generate interest and maximize ticket sales.
Interact with your fans during the event to create an engaging and memorable experience for them. Don’t forget to thank your fans and sponsors after the event to show your appreciation.
Overall, hosting live events is a fun way to interact with your followers and earn money on TikTok.
Whether you choose to monetize through ticket sales or sponsorships, make sure to put on a great show and provide value to your audience.
9. Become a TikTok Ads Manager
If you have a background in digital marketing or advertising, becoming a TikTok Ads Manager can be a lucrative way to make money on TikTok.
As an Ads Manager, you’ll be responsible for creating and managing ad campaigns for businesses on TikTok.
You’ll help them reach their target audience and achieve their marketing goals.
To become a TikTok Ads Manager, you need to have experience in digital advertising and a thorough understanding of TikTok’s advertising platform.
You can find opportunities to become an Ads Manager by networking with businesses on TikTok or through freelance job platforms.
As an Ads Manager, you can earn money by charging a fee for your services or by earning a percentage of the ad spend for each campaign you manage.
This can be a great way to leverage your expertise and make money on TikTok without directly creating content.
Keep in mind that becoming a TikTok Ads Manager requires a certain level of expertise and experience.
It’s important to be knowledgeable about the platform and have a solid understanding of digital advertising before pursuing this avenue for monetizing your TikTok presence.
How to Become a TikTok Creator
Before you can make money on TikTok, there’s a beautiful beginning you need to embrace.
It starts with creating your TikTok account and nurturing its growth, like planting a seed that will bloom into something wonderful.
Think of it as the first page of a thrilling adventure novel. Your TikTok account is your portal to a world of creativity and opportunity.
You’re not just making an account; you’re birthing a space where your talents will shine.
And yes, it’s true that growing your TikTok presence takes time and effort, like tending to a garden.
But with each video you share, every comment you respond to, and every connection you make, your account blossoms a little more.
Tips on How to Become a TikTok Creator
It’s a thrilling journey, and I’m here to guide you through it with some practical tips.
Let’s break it down into easy-to-digest bullet points:
- Find Your Niche: Start by figuring out what you’re passionate about or what you’re good at. TikTok is a diverse platform, so whether it’s dancing, cooking, beauty, or even niche hobbies, there’s a place for you.
- Study the Trends: Spend time on TikTok to see what’s trending. Trends change quickly, so keeping up is vital. Participating in trends can boost your visibility.
- Create Engaging Content: Your content should be eye-catching and engaging. Experiment with different video styles, effects, and music to see what resonates with your audience.
- Consistency is Key: Regularly post content to keep your audience engaged. Set a posting schedule that works for you, and stick to it.
- Interact with Your Audience: Respond to comments and engage with your followers. Building a community is essential on TikTok.
- Use Hashtags Wisely: Research relevant hashtags and use them in your captions. They help your videos reach a broader audience.
- Collaborate with Others: Partner with fellow creators for duets or collaborations. It’s a great way to cross-promote and gain new followers.
- Optimize Your Profile: Your profile should reflect your style and content. Use a clear profile picture, write an engaging bio, and include links to your other social media if you have them.
- Learn from Analytics: TikTok provides analytics for your account. Study them to understand your audience better and tailor your content accordingly.
- Be Authentic: Don’t try to be someone you’re not. Authenticity is appreciated on TikTok, and viewers connect with genuine creators.
- Stay Updated: TikTok frequently updates its features. Stay informed about these updates to make the most of the platform’s tools.
- Don’t Get Discouraged: Building a following takes time. Don’t be discouraged by slow growth or occasional setbacks. Keep creating and improving.
