TikTok is the fastest-growing social media platform in the world and needs to know how to make money on TikTok. The app has taken the social media world by storm. When it is released, it has been downloaded more than 1.5 billion times from the app store. There are presently over 800 million monthly running users on the platform.
With TikTok increasing in familiarity, many people are wondering if the platform can be making money. Maker on the platform is requesting if they can earn money from their videos. Likely to other platforms such as Instagram and YouTube, TikTok can make money. The Tiktok app is very popular to use and many people try to learn how to make money on TikTok.
While TikTok doesn’t have an established system for making money from your videos, there are still many techniques you can usage how to make money on TikTok platform. Since the platform is still fairly new, there aren’t many competitions yet. Several people are still trying to understand the viral video platform for how to make money on TikTok.
- 1. How To Make Money On TikTok?
- 2. How To Become an Influencer and Earn Money
- 3. Collect Donations
- 4. Run an Influencer Agency
- 5. Become a TikTok Consultant
- 6. Publish Sponsored Post
- 7. Does TikTok Pay Creators for Videos?
- 8. How to Marketing Your TikTok Videos
- 9. Add Hashtags To Your Videos
- 10. Post Regularly
- 11. Create an Online Store
- 12. Publish Quality Content
1. How To Make Money On TikTok?
TikTok is a new social media platform where you can upload short videos, images and share them online. Anyone can become a TikTok influencer and make money on TikTok. You just necessity high-quality content, a big number of supporters who will grow your content, and the right marketing strategies.
Newly this app has achieved many popularities and has become a source of earning for many TikTok influencers. Over 1.5 billion public all over the world are using TikTok, and the number is always growing. American people have paid over $23.1 million on Tiktok’s online money from 2018.
This number is only for the US, think it is all over the world. That’s the type of money that these apps possibilities. Earlier we go on and talk about successful TikTok, let’s first understand what it is and how it works. You can earn money by sharing videos and images on Tiktoks and other opportunities also.
2. How To Become an Influencer and Earn Money
Everyone can become a TikTok influencer. You just need accurate content, a big number of followers who will grow your content, and the right advertising tactics. Presently, the TikTok app has gained much popularity and has become a source of making for many TikTok influencers.
TikTok is an international name currently with a solid presence in more than 150 countries. It has over 1 billion users making it one of the highest social media platforms out there. What started as a small app is now a global phenomenon that’s been helping people earn money.
There are influencers in any social link with millions of supports. The equivalent applies to TikTok. Influencers make money because it is real for many organizations to market their goods on familiar social media profiles around the internet. TikTok influencers earn millions of dollars each year, and there are several potentials for large amounts in the future.
An example, Addison Rae Easterling earned 5 million dollars in 2019. This is an extreme sample, but several influencers make money on a smaller scale. Most people who read this post would be happy with a few thousand dollars each month, but it is possible to earn much more.
The good news is that you don’t have to be famed or get millions of supports to become an influencer on TikTok. The organizations marketing their products to clients have more chances to engage with their posts.
2.1 Select Your Niche
You must choose a niche that you are attracted to. To become an influencer and how to make money on TikTok, you want to select a 2a niche that you can constantly make great content for. This will be hard if you select a niche that doesn’t excite you or that you have no skill in. Find what you love doing and make wonderful content around it. The only way you can interest an audience and get supporters is by creating good content.
2.2 Use Pro Accounts
The TikTok fashion saves on growing and will not end anytime soon. There are two kinds of TikTok accounts: TikTok Pro, and the ‘regular’ TikTok account. The only alteration is that TikTok Pro provides you an insight into metrics of various data: views, followers, profile visits, traffic sources, and much more. A TikTok Pro account enables you to see statistics on your posts and overall account performance.
The account is mainly meant for businesses that want to recover the performance of their post or get to know more about their supporters on TikTok, but it can be also used by anyone just interested. TikTok offers the option of a pro account for both creators and businesses. The Creators account is best for public figures, artists, and influencers.
2.3 Setting Up Your Profile
When setting up your TikTok profile, the two main parts to think about are your profile image and bio. These are the primary things a user will see when thinking about whether to follow you. Your bio and profile image should make a good first impression that your follower attracts to you and it is essential to set. If you feel like a picture is too bland, you can use a six-second video as your profile picture. This will add some character to your profile.
2.4 Understand Your Audience
Earlier you start making videos for TikTok, try and understand your audience. To become an influencer, you must make content that your target audience will love. Analyze the content that gets the most engagement. This will provide you a suggestion of the kind of videos to create. You can also mirror the content strategy of other influencers in your niche.
2.5 Make Viral Content
TikTok influencer is creating viral content. Excellence content on TikTok sees many engagements. The more creative and enjoyable your videos are, the most likely they are to go viral. Viral videos tend to translate into new supporters.
The following steps can help you make great TikTok content:
- Check out what your participants are doing
- Take inspiration from the present trends
- Perform hashtag research to see what’s trending in your niche
- Have some entertaining
2.6 Become Consistent
For improved visibility on TikTok, you want to post regularly and consistently. If you want to become an influencer, you must upload quality content daily. It’s up to you to select the frequency of your posts. Created on my research of popular TikTok influencers, 1 to 2 videos per day is great.
2.7 Make Money by Selling Accounts
How to make money on TikTok by selling a TikTok account that is very easy! So many people and businesses don’t want to take the time to grow their following. They know it is much simpler to just go out and buy a big account and convert it to their niche/needs. That’s great news for all of you who are wanting to sell your TikTok account.
However, you want to make sure that you do it carefully or you can simply be scammed. You want the sale of your TikTok account to be 100% safe for both sides. The key is to make an account that has valuable content. The more supporters and better engagement rate the TikTok account has, the higher the price you can sell it for.
3. Collect Donations
How to make money on TikTok by collecting donations from your viewers on Livestream. TikTok permits creators to get virtual gifts with monetary value via Livestream. New to TikTok is profile Donation Stickers! Permitting TikTok users to add a donation link to their profile, activating the organization’s name just below the user’s bio. When clicked, the donor is taken to a screen to donate.
4. Run an Influencer Agency
How to make money on TikTok by working with influencers and influencer campaigns. There are already a ton of influencer activities for Instagram. You can do the similar for TikTok. Your influencer agency will help brands strategize, execute, and manage campaigns with TikTok influencers. Your agency will help as a center man between the influencers and brands watching for their services.
- If you want to run an influencer agency, you should be able to do the following:
- Detect high acting TikTok influencers with a good track record
- You must be able to grow a relationship with top TikTok influencers
- You must know about running successful social media and influencer advertising campaigns
- You must be able to make successful influencer campaigns for dissimilar advertising categories.
5. Become a TikTok Consultant
If you are skilled on TikTok, there are a ton of brands and even individuals that would pay for your facilities. If you know how to get thousands, even millions of views on your videos, you can teach others how to do the similar for a consulting fee.
Influencers can also offer consulting facilities. It’s the best way to control your expertise and also diversify your income. A good example of a TikTok consultant is Sean Young. He calls himself a professional TikTok consultant. He makes $10,000 a month controlling celebrities and businesses on the best kind of content for their brands.
6. Publish Sponsored Post
You can earn money on TikTok by publication sponsored posts. According to a business insider, you can earn an average of $0.01 to $0.02 for every sponsored view on TikTok. So, if you have a video with 100,000 views, you can make 1000 dollars in sponsorships. After you have built support on the app, you can reach out to brands and offer your facilities.
The best part is that you don’t necessary to have millions of supporters before you can pitch to brands. All you need are a few thousand engaged followers and you are good to go. Look for brands that are attracted to building their TikTok presence and reach out to them. You can also evaluate the influencers in your industry to see the sponsors they work with. This will provide you good thinking of brands to reach out to.
7. Does TikTok Pay Creators for Videos?
As TikTok produces, an organization is trying to provide creators an incentive to remain active on the platform. They don’t want to make the same mistake that Vine did. Most Vine creators left the platform in favor of YouTube because they could monetize their YouTube videos. This led to the death of Vine.
The TikTok Creator Fund will straight pay creators for their videos. Although the organization doesn’t say how the payments will be made or how much each creator can earn. What we do know is that you need to constantly post original, engaging videos that follow TikTok rules to qualify for the fund. A minimum number of supporters is also mandatory. The number isn’t stated either. We will learn more about the fund soon
8. How to Marketing Your TikTok Videos
How to make money on TikTok, you need to significantly grow the number of video shows you get on the platform. Additional views will translate into more supporters and a higher engagement rate. Along with the compulsory factor which is making great content, here are other ways you can develop your TikTok views.
Adding hashtags to your TikTok videos can support the growing visibility of your video. So, you should add a hashtag to your videos. If you click on the discover search tab, you will see a list of trending videos by hashtag. For example, if you are making a video for a viral challenge, you need to add the hashtag of the challenge to your video. When a TikTok user clicks on the hashtag link, your content would be one of the videos that show up. This will benefit increase the number of views you can get.
10. Post Regularly
To create a greater number of views your videos get and also your chances of getting to the ‘For You’ page, you should post videos regularly on the platform. A ton of videos are posted on the platform per minute. To avoid receiving lost in a sea of content, your requirement is to post videos daily.
Most TikTok influencers commend posting 1–3 times every day however some of the larger influencers are seen to be posting up to 10 times per day. At the moment the platform is so new so I think it is about trial and error. The algorithm will push your content over time and the more content you have on the platform the more likely you will have a minimum of one video that goes viral.
11. Create an Online Store
You can find numerous online stores that sell physical goods. If you have a store or need to build a new one, TikTok is a good place to get traffic for your store, whether you place advertisements or promote it with your videos. Many beginners build stores on Shopify. It is a platform that provides you all the tools you want to begin. It has patterns and pages that are already ready for your goods. Once you add a few products to your store, you can promote them on TikTok and other platforms. You can start with a dropshipping business model or sell your goods.
12. Publish Quality Content
The content will determine your achievement on TikTok. You can search for tips and tricks wherever on the internet, but your supporters watch your content when they like it. No trick will make somebody consume low-quality content.
Before you start searching how to make quality content, you can generally make dissimilar videos, publish them, and check how people reach on them. You can also watch other people’s videos to get knowledge and learn the latest trends. Practice will turn you into a top creator over time. TikTok works with short videos that are fun and exciting. This is what you need to do.
In this guide, you have learned about the TikTok stats and how to make money on TikTok using simple general tips and tricks. There is a large possibility in TikTok and you can earn an attractive income from TikTok by following our guide on how to make money on TikTok.
We have recorded some of the best ways to how to make money on TikTok, just go and try out these steps with accuracy, and do let us know in the comment section about what worked for you in earning money from TikTok. If you are influenced by our guide then don’t forget to share it with your friends and family who are looking forward to earning money from TikTok.