Many people already know how to make money on TikTok, and some consider it a job. Here are the best strategies.
TikTok, the platform for sharing short videos, has taken the internet by storm in recent years. This social media platform for short videos (from fifteen seconds to three minutes) has gathered more than a billion users.
Tik Tok content creators often use their smartphones to create and share popular short videos: dance, comedy, education, etc. This has opened up opportunities for companies to collaborate with content creators to transform their brands and reach and engage customers.
make money on TikTok
Can I make money on TikTok?
The short answer is: yes, you can make money on TikTok.
But just like painting a picture or determining your ex's relationship status, making money on TikTok takes a bit of creativity. While there are official, app-funded methods to make money, there are many other ways to make money on the platform, even if you don't have a ton of followers.
Like social media creators active on other platforms, many TikTok users have already achieved financial success through the app. And while TikTok may seem like a new frontier, the strategies you can use to make money will probably sound familiar to you.
How much money can you make on TikTok?
The statistics of the TikTok stars who make the most money are pretty mind-blowing.
As is the case with celebrities and small volcanoes, most of the highest-paid people on TikTok are young and attractive. So, is all hope lost once one has reached senior status – i.e. 25 years and older – on the app? Of course not.
In almost every category, smart people use small videos to make a lot of money.
Who makes the most money on TikTok?
- Dance queen Addison Rae Esterling is reportedly making $5 million a year from the app, making her the highest-paid person on TikTok. She is followed by Charli and Dixie D'Amelio, who earn $4 million and $2.9 million a year, respectively.
- @jiffpom, a small Pomeranian, is the dog that earns the most on TikTok, averaging $12,540 per video.
- The highest-paid fitness influencer is Demi Bagby, who earned more than $3 million with fewer than 50 ads in 2020.
- And in the world of food, it's celebrity chef Gordon Ramsay who makes the most money (figuratively speaking), with $3.8 million in sponsored posts last year.
So, a successful TikTok profile can make you money for life, but even if you don't have millions of followers and billions of likes, you can use it to make money.
4 Methods to Make Money on TikTok
Strategy 1: Partner with a trusted brand
Sponsored content on TikTok is defined as content for which you receive something of value. That's the goal, isn't it? For example, a brand may pay you to make a TikTok on the smell of its products, or you may receive a free parachute trip in exchange for a post on the subject. And brands are very interested in such paid collaborations.
Businesses want to partner with people who have an audience that knows and trusts them, especially in the context of the COVID-19 pandemic and ongoing social justice movements.
Which brings us to an important point: don't try to partner with companies whose opinions don't match yours. Your followers may be interested in your inspiring soup metaphors or how many languages you can speak or manicure, but they're also interested in your ethics.
Only cater to the brands or organizations you really like.
If your TikTok is all about your raw food journey and all of a sudden you start posting on your favorite local burger restaurant, your followers will see clearly in your game.
Not only is it confusing, but it also makes you look like a sold. So make sure your sponsored content aligns with your regular content.
Make a press kit for your account
A press kit is like a movie trailer for yourself. It highlights all the positive aspects of your personality (and gives brands good reasons to work with you) and includes contact information, photos, and notable achievements. Make them want to see what happens next, popcorn bag in hand.
Create a few non-sponsored posts
Brands will want to see that you have what it takes to drive sales in their business. By posting a few (non-sponsored) posts to talk about your favorite pair of shoes, this elusive brand of specialty socks will be more inclined to want to partner with you.
Use the "Branded Content" button
People don't like to be deceived – and it turns out apps don't like that either. Tiktok created the "Branded Content" button to ensure that users are transparent. If you're posting sponsored content, click the button (or you risk having your video removed).
Strategy 2: Develop accounts and sell them
The second way to make money with Tik Tok is to create accounts and sell them.
This method is becoming more and more popular in the field of e-commerce or products.
Like on Instagram, you'll pick a niche and then jump into creating entertaining content, ideally content that goes viral to attract that person who would be the perfect customer for your product.
There are already people in this space today who are developing TikTok profiles around a certain interest. In general, this is a niche topic and they may have nothing to sell, but they will get in touch with brands in this sector and sell them their TikTok profile, and people legitimately make money that way.
The good news for product brands is that once they have this account on hand, it's actually pretty easy to sell products.
One of the ways to sell products is tiktok live. They launch livestreaming products or organize live streaming auctions. And, of course, there is the link in the bio where you can always push your followers to buy your product.
So if you're the type of person who likes TikTok, and you just want to grow an audience around a certain topic and build that community around a given topic, go ahead and then contact the brands that would like to have access to those followers and sell them your account.
Strategy 3: Manage influencer campaigns
The third way to make money with TikTok is to manage influencer campaigns. This is not a new idea. There are already hard-line influencer agencies at the service of Instagram influencers.
The same concept applies to TikTok. You can be the intermediary or broker between a creator on TikTok and a brand that wants to work with that influencer.
Whether it's creating the deal, managing both parties, making sure the expected results are all met – by simply being a coordinator – you can charge a service fee to run campaigns of this type.
The TikTok platform is smart; it actually has an internal influencer program already integrated. So, if I'm a big brand and want to reach out to TikTok and say, "Hey, this is the space I'm in, which influencers should I work with? I can do it.
The only problem is that I'm going to pay a percentage to TikTok for negotiating this deal. This is where you can step in as a service or agency to make this deal outside of TikTok and help brands save a little money.
Strategy 4: Consultation
Finally, once you've become a pro on TikTok, and you really understand how someone can take a video that gets a hundred views and help them get 100,000, you can simply offer consulting services.
It's a great way to leverage your platform expertise and help people who want to become famous on TikTok or want to be creators, strengthen their strategy to get their videos viewed by hundreds of thousands, if not millions, of people.
Of course, you must first have training and experience in this area to be able to offer this service. But once you're there, people will pay to have your experience and brain on their account.
And if you help them get contracts or influence deals, you can even negotiate a percentage or a share of that deal just because you're their consultant and helped them go viral on TikTok.
Tips to get paid on TikTok
If the social media ledger had a moral, it would be this one. And as hard as it is to believe that authenticity is important in our highly filtered world, internet users crave authentic content.
Whether you're jumping on a dance trend or crocheting your frogs, stay true to yourself. This is the safest way to gain followers that you will keep – and hopefully make money.
This goes hand in hand with authenticity. The rules around tagging sponsored content and disclosing getting free products are pretty fuzzy, but it's always best to err on caution.
TikTok's branded content feature adds a mention for you (#Sponsorisé), so be sure to use it when it's appropriate.
Don't give up
Making money on this social network is not easy. If that were the case, we would all be rich. If you're rejected by a brand or influencer, keep trying. Hard work pays, literally.
How many followers to earn from tik tok:
Social media influencers can make big money on platforms like Tik Tok, Instagram and YouTube, but it all depends on followers and views, while big stars like The Rock and Cristiano Ronaldo, who have the most From 200 million Instagram followers, they can earn more than $1 million per post, according to Instagram analysis tool company Hopper HQ. Every day influencers don't need as many followers as possible to make some money.
How to calculate profit points from Tik Tok:
According to the new "social salary" calculator from music licensing platform Lickd.co, here's how many followers you need on Tik Tok, Instagram and YouTube, to earn $100,000 in earnings. To calculate the estimates, I used Lickd. co” data from YouTube Money Calculator, Creator Agency SevenSix’s Influencer Pricing Report, on “How many followers do you need on TikTok to get paid.
It largely depends on the type of content that the content creators provide, but if you have more than 100,000 followers, and you have good marketing skills and knowledge for example, you can communicate with advertisers about the content of your videos, you can expect a certain number between 500 And 5000 thousand dollars per month, and the reason for the big difference between these two numbers lies in the difference in the profit of each content from the other, the country, viewers, products and more.
Terms of profit from Tik Tok:
- You must have 3 basic conditions before you think about making money from the Tik Tok program in order to be able to profit, and they are as follows:Presenting engaging, interesting and quality content.
- You must have a very large number of followers (at least 10,000 followers).
- You must have accounts on other platforms such as Instagram, YouTube and Facebook to expand your social network and ensure that you do not lose followers in case of any malfunctions in Tik Tok.
Since Tik Tok is one of the most popular apps in the world today, advertisers are willing to pay huge amounts to display their brand to a small audience especially if the company does not have a huge budget, and that is why they are turning to social media to promote and sell their products.
Deals also range from 50 to 150 thousand dollars for the most famous accounts in “Tik Tok”, and sometimes the amount is higher according to the number of views, as “Tik Tok” profits largely depend on the strength of the influence of the person or account, and to learn how to make great profits from Tik Tok.
How to earn money from the Tik Tok program
Profit and earn money from the Tik Tok program is done through the following:
Content creator funding
Tik Tok has launched a profitable program for content creators.
To promote products and services
You can earn a lot of money by dealing with branded companies and persuading followers to buy their products, and it should be noted that this method is the most widespread and most profitable on Tick Tok and Instagram and requires real followers in a relatively large number or a high-quality audience even if it is small They are intended for high quality, the videos posted may contain viral, that is, it spreads quickly, and the revenue is usually very large and can reach hundreds of dollars or even thousands per day.
Earning by Affiliate
You can sell products from other companies and brands and get a commission through your TikTok platform, with the same idea as before but in this case you will not get a commission if someone does not buy through you via the conversion link provided by the sales platform, and this method is more convenient If you have a very large number of followers on the condition that you get a huge discount on any product that you want to sell through you, then your followers will be tempted to buy.
Earning money through affiliate marketing or affiliate marketing is a great science in itself and requires a lot of effort from you, but its profit is often very useful, and what distinguishes the commission partner is that the offer and the added value that you provide on the product gives a great boost in the purchase process, in addition to Marketing process.
Sell your own products
Also you can sell your own products like selling clothes with a photo or signature and you can choose the price you want and increase it as sales increase, but you have to prepare all the questions regarding the way to deliver the products and deliver them to the customers and this way you can profit when you become famous in Tik Tok because it requires building a reputation and even a name You can sell your products.
To promote other channels
You can make big money by promoting other Tik Tok channels after pre-agreeing and getting commission, and considering the experiences of others in benefiting from promoting other people’s channels, you can get $100-200 if you have more than 100,000 followers.
How to get followers on Tik Tok :
- Choose the correct username, as the name should be easy so that followers can remember it easily, and the same name should be used on all social media platforms for easy access.
- Show your identity from your profile, you should make your profile attractive and visible by highlighting your identity and explaining to your target audience why they sign up for your site, and don't forget that users have a first impression of you on your profile.
- Understand your audience, ask yourself why users might want to track your account exclusively among millions of other accounts.
- Provide recognizable content, for example if you have a specific and known talent you can offer or if you don't have a talent you can make your content comedic as a fun joke or you can provide useful, motivational, inspirational content or anything else that adds value to your content .
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Profit from Tik Tok by growing and selling accounts:
The most important thing that distinguishes relatively modern applications such as Tik Tok, is that the opportunity to grow followers on it is greater than other old applications, such as Facebook, Twitter and others.
Facebook, for example, imposes restrictions on accounts that do not pay for promotion, unlike Tik Tok, achieving a large number of followers on Tik Tok is not that difficult, and it may be done overnight.
One of the most popular ways to earn money is by Tik Tok app. It is creating an account that offers entertainment content that people are looking for, for example, videos that provide recipes.
With the increase in views on your videos and the number of followers, the account becomes salable for large amounts of money. Especially by restaurant brands or food accounts in general.
Platforms you can safely sell your Tik Tok account on:
The conditions for profit from Tik Tok with the help of this method require that you secure your account sale process so that you are not exposed to a scam.
This is done with the help of: TikTok Creator Marketplace, which is one of the features of the Tik Tok application.
This service will give you easy access to trusted brands, who will seriously want to buy your account. All under the auspices of the application.
Knowing the exact number that the sold account is expected to earn is almost impossible digitally, but according to account selling sites, including Fameswap, these are the approximate average prices you are expected to earn for selling your account on Tik Tok, according to the number of followers the account has:
Another means by which you can sell your account safely is Fameswap, which is one of the sites specialized in buying and selling accounts on Tik Tok, and channels on YouTube.
You can take a look at the average prices displayed for accounts via the site in the following image:
1,000 to 10,000 followers: $100.
10 to 50 thousand followers: $100 to $500.
50 to 100 thousand followers: $500 to $1,000.
100 to 500 thousand followers: 1000 to 5000 dollars.
500 thousand to 1 million followers: 5000 to 30 thousand dollars.
Now, why not create an account on Tik Tok and specialize in providing certain content, and after you get fame and followers, you sell the account, and start the process over? This is one of the easy and useful ways to earn from Tik Tok as well.