Have you ever thought about earning money through your phone? TikTok is one of the best ways to do it. We can see it every day, there are a lot of influencers earning millions of dollars every year from their TikTok accounts.
It’s not a secret. TikTok has seen rapid growth since its launch in 2016 — and is the first application not operated by Facebook to surpass three billion installations.
While making money from your TikTok account isn’t a simple task to master, it’s feasible if you’ve got the determination and the desire to understand how to do it. Here, we’ll try to examine seven ways to earn money with TikTok. Let’s get this done.
Can You Earn Money on TikTok?
The simple answer is yes; you can earn money from TikTok. However, just like painting an image or deducing the relationship status of your exes, earning money from TikTok requires creativity. Although there are officially-approved, app-funded methods of making money, there are many alternatives to earn money from the platform, even when you don’t have many followers.
Like social media creators that are also active on other platforms, numerous TikTok users have already achieved financial success with the application. While TikTok might seem like an entirely new platform, the methods you employ to earn money likely look similar.
Earning Money with TikTok: 7 Tips to Begin Today
There are many opportunities to earn money on the app you love. Let’s look at some of the most effective TikTok ways to make money in 2022.
1. Make a connection with a company you trust
Sponsored content on TikTok can be defined as content you create for something in return. For instance, a company could pay you to make a TikTok video that explains their candles are made from soy and they smell great.
In return, you may be offered an opportunity to skydive for free as a reward for talking about it. (Though we do not recommend accepting any skydiving deals for free). These paid collaborations also attract brands. A study of influencer marketing discovered that in December of 2019, 16 percent of U.S. marketers had plans to use TikTok for influencer-related campaigns.
2. Becoming a TikTok Influencer
If you manage to build an account with a loyal and active following, it will be possible to get influencer deals with companies all across the globe who want to engage with their audience. In an influencer marketing agreement, a brand might request you to promote their product or services through the form of TikTok videos.
The most commonly used form of payment is cash or other complimentary items from the business. For instance, Charli D’Amelio, one of the largest TikTokers on the market, is an influencer for P&G. Some people believe you need millions of followers, like Charli, to be an influencer, but this isn’t the case.
3. Sell Your Products On TikTok Shopping
TikTok launched TikTok Shopping in 2021 to allow businesses to sell their products directly through the platform. You no longer have to send your followers elsewhere to purchase your products. TikTok Shopping adds a shopping tab on your profile, letting customers view products from your Shopify catalogs.
You can also include your products in the organic content you post to direct viewers to your shop.
Don’t be insecure. Make sure to mention your product’s name to your followers. Be careful not to overdo it and become advertising, but remember that you should give the TikTok store a shout-out now and again.
4. Participate in TikTok’s Creator Fund
TikTok Creator Fund TikTok Creator Fund is a program run by TikTok that rewards users for creating captivating videos. The more attention your videos have, the more TikTok will pay you. TikTok would like users to stay for a long time (to earn money from advertising). They’ll also give creators a payment to help pursue that goal.
You must have at least 100K video views within the previous 30 days to join this Creator Fund. The Creator Fund is still a relatively new concept for TikTok, and we’re expecting the service to develop and evolve over the next weeks and months.
5. Partners with Brands and Sponsors
Due to its popularity, advertisers and brands are prepared to offer large sums of money to creators to advertise their products through TikTok. Many brands approach creators through their agents, mainly when the creator is popular on TikTok.
There’s a way creators can earn cash directly from advertisers through the TikTok Maker Marketplace. TikTok is the one social network that provides a built-in platform for creators of content.
The Creator Marketplace is an official collaboration platform for brands as well as creators who are on TikTok. Innovative content creators can work with brands to run paid advertising campaigns.
6. Accept Gifts from Virtual Sources
TikTok users can buy gifts and coins through their accounts. Users can then present their virtual gifts and make coin payments to their preferred TikTok creators in live TikTok videos, where creators can take them back and cash them in for real cash.
7. Grow and Sell TikTok Accounts
Some businesses would like to establish a presence on TikTok but aren’t sure how to get started. It is possible to help them by helping them grow followers organically in the specific area of interest by selling TikTok accounts on sites such as 123accs, Accfarm, and Fameswap.
If you intend to start earning an income from trading TikTok accounts, you’ll require a robust content strategy, interact with your followers frequently and post regular content to increase engagement.
Conclusion
Making money from this social network isn’t an easy task. If it were the case, we’d all become Addison Rae. (It’s funny to laugh that she acknowledges that many people don’t think she’s got a job. She does this with the confidence of a 21-year-old earning five million dollars annually.)
If a brand or influencer blocks you, continue making an effort. The hard work pays off, literally.
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