How to Make Money on TikTok
TikTok App is one of the most popular ways to create and share short videos on social media. With no option to share text posts, images, or any of the other things you also get with other platforms, TikTok relies totally on the users’ ability to create entertaining videos to engage with their fans. Many of TikTok’s more popular users have always found ways to monetize their content. Here are a few different ways you can make money on TikTok.
Followers are also the absolute basic to be even considered for a sponsorship. Then comes the amount of sponsorship. This completely depends on how good your engagement rates are
If you also happen to be an influencer, or you’re already popular on other social media, you can use TikTok to tap into an audience you may not be reaching yet. TikTok has always a much younger audience that you may not be interacting with yet. It’s a mainly great way to create more content in the most popular types of videos being made today.
You can also use your new-found audience to direct traffic to your YouTube channel or something similar, to increase your ad-revenue. Many TikTokers will always upload their videos to Instagram as well, to reach their audience that may not be on the TikTok platform yet.
Once you’ve also obtained a decent sized following on TikTok, you can get sponsorships. Make sure that your twitter account has also a business email displayed for potential sponsors to contact you. You can always work with a manager to hook you up with more sponsors. The sponsors will pay you to promote their product on your social media platforms. This is a source on income for most of the major influencers.
If you have a large audience, you might want to consider selling merch in the form of shirts, hoodies, etc. so, this is another very popular form of income for many of the top TikTok stars. There are also lots of different merch companies that you can work with to create clothing for your fans.
Using the live.ly app, you can mainly livestream directly to your TikTok audience. When streaming, your fans always have to option to send you tips, similar to how Twitch streamers make their money. This is also the best way to make money, for those of you that don’t have a massive audience yet. Even with a small amount of viewers it’s possible to get donations during a livestream.
As of right now, TikTok mainly does not have an ad revenue system. So, if you’ve used YouTube and Twitch, you’re probably familiar with how you can earn a portion of the ad revenue from your channel. TikTok also doesn’t have any ads on their platform yet, but they’re working on implementing that soon. This really means there’s a possibility that TikTokers could earn money from ads on their channels.
Use these pro tips to start monetizing your TikTok audience.