A Thorough Guide On How To Earn Money On TikTok

Ever since it was released on Android and iOS back in 2017, TikTok has been one of the most popular platforms for sharing short-form videos. With 500 million active users per month, the site is a gold mine for those who can create appealing content. If you are one of them, you may have wondered how to earn money on TikTok.

While there are many ways for you to gain an income, please note that there is no guarantee anyone will excel on TikTok.

Be An Influencer

While the term influencer has been associated with lots of bad images recently, being a person with a certain level of fame is one of the few legal ways for you to make money out of your online presence when it comes to how to earn money on TikTok.

Gaining followers is not easy, and there are ways for people to cut the process short, like buying, for example. While this is the fastest way to have a slew of people to follow your account, it does not work as well as it used to be anymore. Marketers are more assertive when it comes to influencers now more than ever before. They have their own ways to tell if the followers you have are real or not.

We may name lots of celebrities who have millions of fans with ease, but the trend now is micro-influencer. They reach a smaller scale of audience, but their fan base belongs to a particular niche, making it easier for marketers to target.

Despite the scale, all influencers have one thing in common, they add value to their followers. You may follow a person who has expertise in skincare because he or she can tell you valuable tips and products that can improve your skin. Or you may check the account of food critics often because that person has a real taste.

Endorsing a product or service is an excellent way to earn money when you have had a solid base of fans. But please bear in mind that if the followers find that what you recommend is no good, you may lose them to someone else. ByteDance is working to create a safer environment for its users, with TikTok to remove more than 6 million videos in India, so you might want to be careful of what you post there.

Live Streaming

Live streaming on TikTok cannot actually make you a millionaire, but it is still a stream of income. And when it comes to how to earn money on TikTok, no one should overlook this method.

Users on the site can buy coins via in-app purchase with real money. They can use these currencies to tip any performer they like. While you can live stream about anything, most people give a musical performance.

The creator of the content gain 80% of the amount of tip and TikTok will have ways to tell brands that a particular person is growing in influence.

Some people have a kind of charisma (or luck) that even when they do not intend to win attention, their video becomes popular. If you are one of those, live streaming is how to get free money on TikTok while you share content with friends and family.

Read more: TikTok Partners With NSDC To Promote Skill Development Among Young People

Selling Your Own Ventures

This is by far the most straightforward way regarding how to earn money on TikTok. You may not have a large fan base, but the key here is to have a store with products or services and then use the platform as a way to promote it. The best thing here is, you can use this way on almost any legal item, even if it sounds a bit crazy.

For example, you may provide tours for people to explore a national park. One of the ways to promote it on TikTok is to film one of the trips and make a short video showing how enjoyable the journey can be. The next step is to post it on TikTok along with information on how interested audience can contact you for a similar trip or where it took place.

While this is an indirect way to make money, the platform provides exposure and an easy way for you to create your own content.

This next example is how a potter can earn money on TikTok. He or she can film the process of making a vase as well as the final result. People love to see how things are made, and they may even be interested in buying some of your works.

If your products are not exactly suitable for a video, you can still post something funny, cute, or creative to attract attention and then add a few frames pitching what you are selling.

So that are three popular ways answering the question of how to earn money on TikTok. If you know any other method that can create a stream of income for creators, feel free to let us know.