How to Make Money on TikTok
TikTok is one of the most popular ways to create and share short videos in social media. With no option to share text posts, images, or any of the other things you get with other platforms, TikTok relies totally on the users ability to create entertaining videos to engage with their fans. Many of TikToks more popular users have found ways to monetize their content. Here are a few different ways you can make money from TikTok.
Use TikTok as a Promotional Outlet
If you already 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 a much younger audience that you may not be interacting with yet. It’s a great way to create more content in the most popular types of videos being made today.
You can use your new-found audience to direct traffic to your YouTube channel or something similar, to increase your ad-revenue. Many TikTokers will upload their videos to Instagram as well, to reach their audience that may not be on the TikTok platform yet. Just search #TikTok on Instagram to see how other creators are taking advantage of this.
Once you’ve obtained a decent sized following on TikTok, you can get sponsorships. Make sure that your twitter account has a business email displayed for potential sponsors to contact you. You can also 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, ect. This is another very popular form of income for many of the top TikTok stars. There are lots of different merch companies that you can work with to create clothing for your fans.
Using the live.ly app, you can livestream directly to your TikTok audience. When streaming, your fans have to option to send you tips, similar to how Twitch streamers make their money. This is 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 does not have an ad revenue system. 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 doesn’t have any ads on their platform yet, but they’re working on implementing that soon. This means there’s a possibility that TikTokers could earn money from ads on their channels.
Use these tips to start monetizing your TikTok audience.