Earning money on Tiktok is not as hard as many people think. Do you love scrolling through videos on TikTok and uploading useful content to users as soon as you get a chance? Many TikTokers manage to monetize by making videos that, once uploaded to the app receive millions of views and likes in no time, and it has started to get interesting, so much so that now all the biggest brands in the market have arrived.
That’s right, millions of accounts around the world earn thousands of “diamonds” and “rubies” every day, which are actually tokens (tokens or virtual coins) that can be converted into real money. Let’s see together what are all the methods to earn money using TikTok and maybe even make it a real job with a stable and rather high source of income.
How to prepare a profile on Tiktok
Since only some users with an already large following of followers is enabled to monetize their content, let’s start with that. How to improve one’s profile and get to over 1,000 followers?
First of all, it must be said that TikTok has different types of content, and initially its rise came thanks to one type of content. We are talking about catchphrases (famous musical bases, jingle style, with attached dance that everyone knows by heart by now, animals holding certain behaviors that are considered tender, etc.), which are followed especially if even the best-known stars post them on TikTok.
Now, however, Tiktok has evolved and there is really a lot of quality content coming in that will keep you glued for many hours!
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New and original ideas, never-seen-before and rare content on TikTok can be so entertaining, innovative or educational that they become catchphrases themselves and thus get shared and covered with likes in a very short time.
By posting interesting and unique content while at the same time following the trends that younger people like to see on social, you will be able to quickly become some of the most followed tiktokers, surpassing a thousand followers and thus being able to start earning money.
Before you think about earning money from TikTok, you need to build a loyal fan base and have a significant number of followers.
Brands want to sponsor creators on TikTok because of the authenticity of the platform. TikTok content is significantly less filtered and enjoys genuine engagement between the creator and followers. This is one reason why it is so popular among the very young who like to participate in social media conversations and experiments on the platforms, rather than being passive observers.
To get started, you’ll need real, engaged followers who like, comment on and appreciate your content. Here are some tips to help you grow your audience:
- Choose a niche that interests you
- Interact and engage with your subscribers and other creators in your niche
- Understand your audience, including their likes and dislikes
- Post creative and entertaining content regularly for increased visibility
- Use trending hashtags and sounds or songs
- Upload proven video formats: before and afters, instructions, hacks, product demos and reviews
- Upgrade to a TikTok Pro account for valuable information related to your account
How to Make Money with Live Tiktok
Lives are real-time videos (“live feeds”) that allow followers to interact at any time with emoji, likes, and comments to what is happening in the Live. To be able to do a Live a user must be over 16 years old and have at least 1,000 followers, although the well-known ByteDance platform specifies that one must be of legal age (and therefore at least 18 years old) to earn real money.
Returning to Live, each user who is going to watch and follow the Live can purchase stickers and gifts to show their support and appreciation for the content of the video or the author/author of the video.
Once a certain threshold of “gifts” in the form of diamonds is reached, the user who has them can convert them into money, the reference currency used being the U.S. dollar.
To receive payments, it is necessary to link a PayPal account in the name of the tiktoker that is valid and in use or another valid means of payment among those indicated by the social.
How TikTok Creator Fund works.
This is a method on how to earn money on TikTok in a much easier and faster way. It is, in fact, a real money fund that TikTok has created to finance its most valuable Tiktokers, those who post the most interesting content and have the most followers among other accounts. But how does one join the team?
I actually said that it is the easiest way to make money, if we do not consider that to be eligible in the Fund you must (in addition to being at least 18 years old), own 10,000 followers and at least 10,000 views in the videos you share in the last 30 days on your account.
From here on, the road is downhill: you will be paid daily based on videos posted and views (it seems you earn about $0.01 to $0.04 per view).
In short, the earnings are not very high and getting to earn by just being a tiktoker becomes really difficult, especially since it is essential to maintain a high level of your content to keep your followers glued to the screen.
The difficulties of a Tiktoker
Currently the platform is very young and the algorithm much more immature than other social networks. So understanding the evolution in the coming years will definitely be the most important aspect for all creators.
In many ways Tiktok is entering into competition with several social, even with Youtube that initially seemed a very distant tool. In this regard if you are interested in this topic I recommend the guide on how to earn with youtube.
As in all other socials also here the difference will be the community and the editorial plan.
Also helping yourself with tiktok ads is definitely a way to speed up the process.
Affiliate marketing on Tiktok
Affiliate marketing is about advertising or sponsoring a particular company, brand or some of its products, which in return will pay that tiktoker based on the results achieved.
Amazon’s affiliate program certainly is the most popular in the world, but now almost every top-tier company has an affiliate program.
To affiliate you can be the one to contact famous companies and propose yourself as their sponsor (of course you have to have a well-followed and curated account), or they could be the ones, also based on your content, asking you to affiliate and start sponsoring their name and products.
Sponsorships or partnerships with other companies
In time when you have a really substantial fan stage and your videos reach everywhere, it will be the companies themselves who will contact you for collaborations and to entice your users to buy their products. All this will, of course, be done through a regular contract, and the figures will certainly be higher than some of the ways we saw in the first part of the article.
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