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How to Make Money on TikTok in 2024

Social media is all the craze, and getting cash on social media platforms is a viable solution to earn cash nowadays. 

If you wish to turn out to be a content material creator or influencer, particularly on TikTok, this text is for you!

Do you know that there are 1 billion TikTok customers worldwide? Whereas that will sound as if the ship has handed for rising an account and getting cash, it actually hasn’t. On this article, we’ll talk about extra about getting cash on TikTok. TikTok continues to be a nice platform to construct an viewers and develop an earnings! 

In case you aren’t acquainted with TikTok, it’s a short-form video platform. Though they do now permit as much as 10-minute movies, most individuals use it in brief type.

Customers take pleasure in short-form video content material from customers all around the world and people whom they select to observe. TikTok now has a store characteristic, as effectively, the place customers should buy gadgets immediately from the app.

For those who’re intrigued and wish to know extra about getting cash on TikTok, hold studying! I share all types of thrilling monetization alternatives you’ve got with TikTok. 

16 Methods To Make Cash on TikTok

On this article, you’ll uncover 16 methods to earn money on TikTok, together with the TikTok Creativity Program and online marketing, that are two worthwhile choices. There are additionally some lesser-known concepts, like creating UGC content material and making digital content material on the market. 

Regardless of which methodology of getting cash you strive, this text has a number of nice choices!

For those who’re able to turn out to be a TikTok influencer and discover ways to earn money on the TikTok app then let’s get to it!

1. TikTok Creator Fund

Since 2020, TikTok has had a creator fund for its extra standard customers; nonetheless, since late 2023, TikTok has all however stopped the creator fund and launched the Creativity Program, which continues to be in beta on the time I’m penning this. 

Whereas the creator fund continues to be obtainable in some international locations, like Italy and Spain, customers in international locations just like the US might want to apply to the newly fashioned TikTok Creativity Program. 

Necessities to affix this system are presently as follows:

  1. Have a US-based account
  2. Be not less than 18 years outdated
  3. Have not less than 10,000 followers
  4. Have not less than 100,000 video views within the final 30 days

How do you earn money with this system?

In line with Buffer, you may doubtlessly earn $4.00 to $8.00 per 1,000 views. In case you have a big following, which is required to affix the creativity program, and also you’re seemingly receiving nice views and will doubtlessly make good cash from TikTok. 

2. Affiliate Advertising and marketing 

Online marketing is a giant solution to earn money on TikTok. For those who’ve ever used the app, you’ve seemingly seen individuals utilizing and demonstrating how one can use their favourite Amazon finds and different merchandise from standard shops. 

This has been extremely popular with the customers that I observe. They create participating content material displaying off the options of every product, and once you click on by means of their particular affiliate hyperlink, they make a fee from that sale at no additional value to you. 

I can’t even let you know what number of enjoyable new merchandise I’ve found due to TikTok customers making movies all about their favourite merchandise and devices. 

Some standard affiliate applications are Amazon, Goal, and Walmart, however you may as well join websites like CJ.com, Impression, and Shareasale.com to search out much more choices.

3. TikTok Store for Sellers

For those who’re an e-commerce vendor, look into opening a TikTok store. 

With TikTok for sellers, you may apply for a store, promoting on to customers on TikTok. To get began, fill out an internet utility and supply TikTok with the suitable documentation. There are not any charges to get began, however TikTok will take a referral charge from the whole quantity of every sale made. 

With TikTok Store for sellers, you may promote merch like T-shirts, mugs, and tote baggage, or different gadgets like toys, candles, attire, and extra. TikTok does have an inventory of prohibited merchandise (like meds, hazardous gadgets, and private care merchandise), so make sure to learn by means of all of their phrases once you apply. 

TikTok Store for sellers permits simple integration with most e-commerce platforms like Shopify, WooCommerce, Printify, Etsy, Amazon, and extra! 

4. TikTok Store for Creators 

Like online marketing typically, being an affiliate marketer for the TikTok store is similar. You’ll earn money together with your TikTok content material that’s selling merchandise on the store together with your particular hyperlink. 

As an affiliate marketer, you’ll wish to give attention to authenticity, as individuals will see by means of something spammy and pretend.

For this program, you’ll must be not less than 18 years outdated, have over 5,000 followers, and meet all of the TikTok neighborhood pointers.

For those who use the product and love the product then when selling it in your TikTok accounts, individuals will belief your suggestion and buy by means of your particular hyperlink.

5. Sponsored Content material

Sponsored content material is when a enterprise pays you to speak about their services or products in your TikTok video. 

You’ve in all probability seen this loads on YouTube, however you aren’t restricted to sponsored content material on that platform. You’ll be able to work with manufacturers in your TikTok, Instagram, and Fb accounts as effectively. 

For those who’re curious about sponsored posts, this might be a very nice solution to earn money by way of TikTok, as you aren’t restricted by what number of followers you’ve got. 

Some manufacturers will solely work with giant accounts, however there are manufacturers that work with smaller to medium-sized accounts as effectively. 

Usually, the extra followers the extra a model is prepared to pay for the sponsored content material however that doesn’t imply you may’t earn money with a smaller account. 

You’ll be paid to speak in regards to the services or products, the options, what you want about it, and share particulars of the enterprise – all of it simply relies on what the enterprise/model needs from you. 

What you make from a sponsored submit could be very a lot depending on the model’s price range and wishes, your wishes, the dimensions or attain of your account, and so forth. 

6. UGC

UGC stands for user-generated content material and basically means you’d make movies for the model’s social media channels, like TikTok. 

The model you’d work with would use the video or content material you made on their platforms. 

For those who’d wish to earn money on this approach, you could possibly begin social media accounts, like Twitter, Instagram, and TikTok, to unfold the phrase about your providers. 

You could possibly additionally be part of UGC or freelance marketplaces like Fiverr or UGC Planet to get linked to manufacturers that rent creators for this type of work. 

For those who don’t have a big following or don’t wish to be TikTok well-known however would nonetheless wish to money in on the TikTok craze, it is a good way to try this. 

Your earnings could be decided by every model and what they want from that exact venture with you.

7. TikTok Advertisements

For those who’re a enterprise proprietor, you may place advertisements on TikTok. With so many viewers on the platform, your attain could also be unbelievable. 

Because the consumer scrolls, advertisements will present up of their feed each so many movies. This permits your services or products to get out in entrance of TikTok customers and doubtlessly usher in gross sales from these advertisements. 

TikTok typically attracts a youthful viewers, so that you’ll wish to hold that in thoughts for the product you’re promoting. If your enterprise suits the youthful demographic and suits the with a youthful area of interest, it might be an effective way to extend your product gross sales. 

Now, it isn’t simply youthful individuals on the app. I’m in my center 40s and use the app as effectively, and you may see by these stats that whereas 67% of TikTok customers are 18-19 years outdated, there are customers in older age ranges as effectively. 

8. TikTok Advertisements Supervisor & Social Media Supervisor

Suppose you want social media however don’t wish to construct a following, develop an affect, and make movies of your self to share on TikTok. In that case, you would possibly wish to look into turning into a TikTok advertisements supervisor or a social media supervisor. 

With this money-making thought, you’d handle companies that use TikTok and deal with their advertisements, edit and add movies, examine and reply to feedback, and so forth. 

You’d must know how one can edit movies, create graphics, perceive TikTok developments, and handle advertisements. 

One nice solution to get began with no expertise is to both supply your providers at a reduction or to intern with a enterprise or model to allow them to educate you every thing you’d must know to run TikTok accounts. 

Another choice is to learn up on all issues video modifying and advert administration. You could possibly supply your providers to companies on Fiverr or Upwork. These two websites sometimes supply a decrease price, so they could be extra open to working with somebody and not using a portfolio.

9. Model Ambassador 

A model ambassador is totally different than sponsored content material as a result of a model ambassador sometimes has an ongoing working relationship with the model/firm and never only a one-off deal right here and there, like sponsored content material.  

Model ambassadors are often fairly concerned with a model and might be the face of the model on TikTok and different social channels. Whereas it may be about making content material for the model’s accounts and possibly even your account, it isn’t strictly about making movies. 

A model ambassador is commonly one who’s introduced on to color the model in a constructive mild, increase the attain and viewers of the model, improve engagement price, and even presumably do reside chats (reside stream) or reside in-person occasions. 

Whereas it might be much less widespread to discover a gig like this, they do exist. 

10. Promote Digital Objects

Leverage your viewers by creating your personal digital merchandise to promote to them. You could possibly make and promote eBooks, programs, printable templates, printable artwork, and so forth. 

You could possibly use websites like Canva to make printables or templates and promote them on websites like Etsy, then discuss your printables in your TikTok movies and share your store identify in your bio. 

Undecided what sort of printables to create?

Take into consideration your viewers’s ache factors, what they need assistance with, and what you understand that they should know, and compile that into an eBook, course, or printable. 

Or possibly you’re a gifted artist; make lovely artwork for his or her houses!

Printables are standard proper now so bounce on the development and begin making your digital gadgets!

11. Promote a Service

Very like promoting digital gadgets you’ve created, why not promote a service you present? 

Whether or not you’re a enterprise or life coach, digital assistant or freelance author, social media supervisor, or advertisements supervisor, you have to be speaking about your experience in your TikTok channel. 

Share your web site in your bio and encourage your viewers to purchase your providers. 

The important thing to selling any providers or merchandise you promote is to be genuine, clear, and none scammy. 

Don’t promise the world except you may ship. We’ve all seen these movies which can be overvalued, unrealistic, and principally clickbait. Whereas this may increasingly entice viewers initially, in the long term, it is going to harm your fame. 

Promote your service ethically and authentically, and watch your clientele develop!

12. Creator Market

The TikTok Creator Market is a market on TikTok the place creators and types can join. To get entry, you’ll want a creator account positioned in one of many 24 international locations eligible to take part. As soon as your account meets TikTok’s eligibility necessities (based mostly on demographics, follower depend, engagement, and video sort), you’ll obtain a notification on the platform inviting you to take part. 

As soon as accepted into this system, you may browse paid tasks with manufacturers, create your creator profile, and set your charges and most popular industries. 

There are all types of campaigns obtainable with various charges, deliverables, and phrases and situations. For those who discover one thing interesting, you may apply immediately on TikTok. Typically, firms problem funds immediately on TikTok and generally by way of different platforms like PayPal. Be sure you learn by means of all the marketing campaign element earlier than making use of. 

13. Video and LIVE Presents

Video and LIVE Presents are digital cash and animated presents (every value a various coin quantity) that TikTok customers should buy from TikTok and provides to their favourite creators. Customers should buy 20 digital cash for $0.29. Creators on TikTok can save these digital presents, after which commerce them in for actual money. 

So, how a lot is one coin actually value? It relies upon.

TikTok could take a reduce for offering this service. If that’s the case, one coin is value lower than a penny, so that you would want a ton of digital presents with the intention to earn a considerable quantity from this methodology.

14. Create a Collection

Collection is a TikTok monetization program in which you’ll be able to create a bundle of content material and promote it to customers for a small sum of money. As an example, you may create a four-week train video sequence and promote it to customers for $1.99. 

To earn money on TikTok with Collection, you’ll want a public TikTok account, not less than three public movies within the final 30 days, and not less than 1,000 views up to now 30 days. 

On the time of penning this submit, TikTok is present process a system replace, so new Collection can’t be printed as of as we speak. Verify your creator profile instruments for updates on this monetization methodology. 

15. Work with Artists

With this TikTok monetization program, you may earn cash through the use of sure artists’ songs in your movies. The extra engagement your video will get, the more cash you may earn! Every artist could have a price range for his or her marketing campaign and particular video necessities. The pot of cash for every music is distributed to creators who meet the video necessities and consider reward milestones. One instance is an artist who had a max price range of $250 and would pay $10 to a creator for 50,000 views. One other artist had a max price range of $800 and would pay $10 for five,000 views. 

16. LIVE Subscription 

For those who take pleasure in making real-time movies on TikTok, LIVE Subscription may be a great way so that you can money in. To make use of LIVE Subscription, you should have LIVE entry, not less than 1,000 followers, and not less than 60 minutes of LIVE time on three totally different days. 

With this monetization methodology, you’ll go LIVE to subscribers who’ve paid for this distinctive content material. The extra viewers who join your subscription content material, the more cash you may earn. In line with TikTok, when you have 100,000 followers, they estimate you could possibly earn $210,000 a month. Clearly, this isn’t assured, however when you have a loyal fan base, it might be promising.

Make Cash with TikTok Wrap-Up

As you may see from these concepts, there are a lot of other ways to method getting cash with TikTok. 

Whether or not you wish to use certainly one of TikTok’s monetization strategies, or exit by yourself, there are a lot of other ways you may legitimately earn money on TikTok!

The important thing with TikTok, and any social media platform for that matter, is to be genuine and true to who you might be, and your individuals can be drawn to you!

Searching for individuals to observe on TikTok? Take a look at Holly’s account at @theworkathomewoman!


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