How Make Money On Tiktok

How Make Money On Tiktok – For those with an entrepreneurial spirit and a knack for editing short videos, TikTok offers an opportunity to make money.

After all, this booming social media platform has a huge audience eager to be entertained (and maybe spend money).

In 2023, TikTok will be the sixth most used social media platform in the world, with over 3 billion downloads and 50 million daily active users. It’s a big market.

How To Make Money On Tiktok In 2024: 9 Effective Ways

That’s why many people have already figured out how to make money on TikTok, and some even take it as a full-time job.

But whether you want to make it big or discover a new side hustle, your journey to becoming a TikTok business master should start with a little research. Then you have come to the right place.

Bonus: Get a free TikTok growing list created by famous TikTok creator Tiffy Chen. In this checklist, you’ll learn how to reach 1.6 million followers with 3 studio lights and iMovie.

Yes, you can totally make money with TikTok…and lots of people do. (Meet the Tesla Model X and Addison Rae.)

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Join the TikTok Creator Fund on TikTok. To do this, you must have at least 10,000 real followers (sorry, bot!) and at least 100,000 views in the last 30 days. (You must be at least 18 years old and live in the United States, United Kingdom, Germany, France, or Spain).

Apart from the official ways to make money with this app, there are many other ways to make money on TikTok even if you don’t have many followers. (If you’ve seen our guides to making money on Instagram or YouTube, these strategies will sound familiar.)

TikTok says, “TikTok Creator Next is designed to help creators earn while growing and growing their communities on the platform. Joining TikTok Creator Next will help you take your creativity and passion to the next level, whether it’s a side hustle or a business. It’s the tools that can turn into something great.” and have access to opportunities.”

You can access various monetization features through TikTok Creator Next. However, each has its own eligibility criteria.

Ways Brands Can Make Money With Tiktok Marketing

On July 22, 2020, TikTok announced a new $200 million creator fund “for those who dream of using their voice and creativity to build inspiring careers.”

The internet and the world gobbled it up, and a week later it was announced that the fund would reach $1 billion by 2023. So how do you get your hands on that sweet money from creators? There are a few boxes in the app that you need to check before you start creating.

You can request Creator Fund through the app (you’ll need to upgrade to a Pro account if you don’t already have one). Click Creator Tools > TikTok Creator Fund to submit your request.

If you live in one of several supported countries, you can access the TikTok Creator Marketplace and connect with sponsors and brands. Any brand can participate, but influencers must invite or request market access. As of December 2022, there are 800,000 creators worldwide.

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Creators using TikTok Creator Next can receive “gifts” from viewers on live videos and regular video posts on TikTok. These digital gifts can be converted into dollars and withdrawn.

Sponsored content on TikTok is defined as content where you receive something of value. That’s the goal, right? For example, a brand might pay you to make a TikTok video talking about how good soy candles smell, or you might get a free jump in exchange for posting about it. (However, we do not recommend accepting free skydiving offers).

According to Statista, global influencer marketing was worth $16.4 billion in 2022, more than double the value of 2019. A study by eMarketer found that 75% of medium and large US companies plan to use influencer marketing. Even brands are pulling back from advertising on social media.

And while Instagram remains the #1 affiliate platform of choice for influencers and brands, TikTok continues to fight hard for the top spot.

How Do You Make Money On Tiktok? 4 Smart Ideas To Explore In 2024

But just because a brand can offer you an opportunity doesn’t mean you have to take it. Even if the salary seems generous, working with a company that doesn’t match your ideas could be a mistake. The way you connect with your audience is unique. Your followers may care about your soup metaphors, the languages you speak, and the amount of nail polish you wear, but they also care about your ethics.

If your TikTok is about your vegan journey and you suddenly start posting about your favorite local burger, your followers will recognize you instantly. Not only is this confusing, but it also makes you look like a salesperson. So make sure your sponsored content matches your regular content.

A press kit is like a movie trailer in itself. Promote all the great things around you (and give brands enough reasons to work with you) and include your contact information, photos and notable achievements. Feel free to grab a bag of popcorn and see what happens. Sites like Templatelab offer free press kit templates.

Brands will want to know that you have what it takes to increase their company’s sales. If you create a few posts about your favorite shoes (not supposed to), chances are those elusive sock brands will want to join you.

Honestly, How Much Does Tiktok Pay? How To Make Money On Tiktok In 2023

People don’t like being cheated and apps don’t like being cheated either. Created a TikTok branded content switch to ensure user transparency. If you create protected content, press the button (otherwise your video will be deleted).

This is the opposite of the first strategy. If you’re an established business and want to grow your presence (and monetize) on TikTok, reach out to influencers whose content aligns with your brand.

According to a study by Civic Science, 14% of 18-24 year olds and 11% of Millennials have bought a gel or something recommended by an influencer in the last six months. In other words, influencers have influence.

Will we ever know how many Swarovski earrings Bela Porichi sold? Maybe not, but it was worth your time with Swarovski in front of 9.4 million people.

Do You Have To Be Verified On Tiktok To Make Money?

Outside of TikTok’s licensed creative market, you can also search for hashtags that are relevant to you or your business (#dentist, #faintinggoats, #thrifting) and scroll through the content. Browse the app for yourself and like the videos you like and ignore the ones you don’t (or click “Not interested”). The app will start showing what you want to see. That’s incredibly smart.

Take some time to check out each creator’s website. We’ve all heard the classic story of the whiny activist who hasn’t responded to or apologized for racism. Stay away from troublesome TikTokers. The year is 2023.

TikTok Shop gives brands the ability to integrate e-commerce directly into their apps. It’s like your own little digital store.

Channel You can showcase and sell your products through TikTok videos, TikTok Live and the Product Showcase tab.

How Does Tiktok Make Money?

If you are a seller, you must be based in the UK, Mainland China, Hong Kong or Indonesia. You will also need to provide proof with a local phone number, business incorporation certificate and ID.

You don’t have to create your own merchandise to sell something on TikTok. You can earn a percentage of sales by using affiliate marketing links.

#WaterTok influencer TayTayyMarie shares a water syrup affiliate code in her caption, and her profile has a link to an Amazon store that sells her favorite products (you can earn a commission).

Code @taylormariepullan – $$ off TAYLORMARIE10 @skinnymixes on sale again with tons of flavors! #watertok #skinnysyrups #hydration #flavoredwater ♬ A Little Something – Tiqta

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For example, if you love #BookTok and share a list of your favorite beach books to read, you can easily set up an affiliate link and buy all the recommended books on Amazon. Your followers can easily click and buy, and you will receive a portion of the sales made through this link.

If you already have an established product, this is the most obvious way to make money. Create a TikTok to showcase your product or service with all the details that make it unique (our free caption creator will help!).

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