TikTok has literally taken over social media.
It moved from being a fun app for kids to being used by tens of millions of people worldwide.
ByteDance was founded by 38-year-old Zhang Yiming, a Chinese software engineer.
In December 2016, he renamed it Douyin in China.
TikTok (previously musical.ly) quickly became global. TikTok now has around 689 million monthly users, making it one of the most popular social media platforms.
With a worth of over $50 billion and a $1 billion funding for its Creator Fund, you’d have to agree that creating content on TikTok is no longer a joke.
With TikTok, making money online is possible.
This How To Make Money On TikTok review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
You also don’t need to be an excellent marketer or technical specialist. Money from video-sharing is significantly easier.
You may create free live videos, invite viewers to give, and earn money from brand sponsorships. Either that or market your own products.
Tiktok Creator Fund is a lead generation program. And frankly, this is probably one of the better business models out there.
However, How to make money on Tiktok isn’t our #1 choice here. Joshua T. Osborne’s Digital Real Estate program is.
There’s a right way and a wrong way to do things in lead generation.
The wrong way involves chasing clients, and using either outdated templates or poor-performing Facebook ads to get cheap leads that never buy or even answer the phone.
This creates a ton of client turnover, forces you to do a lot of selling, as well as experimenting with different types of ads and campaigns.
It’s a very active business model, and is more of a self-created job.
However, the right way to do lead generation involves building assets that YOU own and control.
Assets that attract high-quality, ready-to-buy customers to YOU, that you can then flip to the client for a fee.
The lead generation program ScamRisk recommends shows you how to do this in a way that creates passive monthly income, instead of forcing you to work round the clock to keep things going.
This program shows you how to create an income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything.
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about How to make money on Tiktok keep reading.
How to Make Money on TikTok?
Let’s go over the best ways to make money on TikTok. Keep in mind that your earnings are dependent on several things, which I’ll discuss below.
Get Paid Through TikTok Creator Fund.
TikTok Creator Fund is a means for TikTok to assist and reward inventive creators. The app’s latest endeavor is to become a hub for user-generated content.
It, like other platforms, does not rely on advertising. Your fund grows with your channel and content. It also depends on elements like genuine account views and viewing location.
Because TikTok’s content engagement is dynamic, your funds will fluctuate daily.
To join the program, you must meet the following criteria:
- You must be 18 or older.
- Have at least 10,000 genuine fans.
- 100K total video views in the previous 30 days.
- We are based in the USA and the UK.
- Post original content that follows TikTok’s community guidelines.
A Pro account is required to apply for the Tiktok’s Creator Fund.
To apply, go to your account settings, select Pro Account, then “TikTok Creator Fund.”
Three days after your video views accumulated, a reward would appear in your Creator Fund Dashboard.
You can also send funds ($10 minimum) to PayPal or Zelle 30 days afterward.
Despite all the fuss, the program doesn’t make TikTokers a lot of money.
The average TikTok creator earns around $200 in five months.
Like money-making apps, the TikTok Creator Fund may let you make enough money to splurge on Christmas gifts but not enough to pay off your college debt.
That doesn’t mean you can’t make money using TikTok. Sure, you can. You may advertise brands, partner with sponsors, and more. The next point is this.
Receive Donations for Your Live Streams from TikTok users.
One option to make money on Tiktok is to accept donations from your fans. Like Twitch, your admirers can pay cash to support your live stream.
Using TikTok’s built-in Live Gifting feature, creators can get rewarded instantaneously via PayPal for their live streams.
But there’s a twist.
Instead of cash, TikTok users can buy in-app coins to send to their favorite influencers.
The coins are under Settings >> Balance >> Recharge.
Exchange these coins for virtual goodies.
Each prize has a variety of options. They also have varying values and coin requirements.
To send or receive these incentives, you must be 18 (or the age of majority in your area).
Viewers can also send stickers without buying coins during the live stream.
People who like your content can now send you presents during your LIVE broadcast. The gifts will appear publicly on your screen.
It’s good to be recognized for your work, no matter how little the present may be.
Remember to thank your audience every time you receive a gift. If your followers feel valued, they may help you gain more admirers by spreading the word.
A simple, heartfelt “Thank You” suffices.
Your total number of gifts will be shown at the end of your stream. It’s easy to check your balance in the account settings tab “Balance.”
You will be rewarded with “Diamonds” (virtual credit) based on your popularity. They’ll also consider the number and sort of gifts. A diamond is usually half a coin.
Finally, as a creator, you can convert Diamonds into actual money.
It may not appear to be much at first. But more donors mean more gifts, which can add up to a lot.
Partner With Sponsors and Brands.
Celebrities and corporations pay significant money to promote their products on TikTok because of its popularity.
Brands usually contact their agencies for creators who are already viral on TikTok.
However, TikTok Creator Marketplace allows creators to directly earn money from sponsors.
TikTok is the only social network with a built-in creator program.
The TikTok Creator Marketplace connects companies and creators. It allows content creators to work with brands on paid campaigns.
You can promote a business or product by mentioning it or using it in your video. Then you get paid in posting sponsored content.
Brands may search for creators and discover their profiles, followers, audience demographics, and engagement data.
Sadly, there is no method for creators to seek brands to cooperate with. Only a brand-facing version is available now.
But before working with brands, you must meet certain conditions (based on age, video content, followers count, and engagement). You must first create a Creator account.
If you meet these requirements, TikTok will welcome you to join or apply.
Then go to your settings, click “Creator Tools,” then “TikTok Creator Marketplace.” You can manage your creator profile here. Modify your profile and select your rate for sponsored films to get recognized by sponsors.
Once famous, you can charge a lot for your content.
Famous creators make between $500 and $20,000 for every video.
The platform does not allow you to directly accept money from brands. You must immediately arrange payments.
After a certain point, it’s not the only way to earn. Some renowned TikTok stars are also cooperating with brands on Instagram.
TikTok is one of the hottest new influencer platforms. And there are plenty of influencers prepared to promote products.
But not everyone wants to go viral. You may be camera shy or simply frightened of the scrutiny that comes with fame. Instead, you can make money by managing influencer marketing.
One method to achieve this is to act as a liaison between brands and influencers. Like a broker or agency, you will manage partnerships between brands and influencers.
You will be in charge of all brand deals, discussions, and payouts. Besides, you’ll have to ensure everyone honors their commitments.
Your job is to perform all of these things flawlessly. Finally, you get a cut from the deals you close between creators and brands.
You may also open your own TikTok agency and assist creators in building their careers. As an agency, you will manage your performers’ public image and prevent them from making mistakes.
Plan And Build Your Website.
Begin by creating a business plan and a good website. Your website should be both professional and modern. After all, influencer marketing is a fashion industry.
Include the kind of influencers you work with and your plans for both creators and companies.
To safeguard your privacy and legal rights, obtain official authority to create your agency.
Scout Influencers in Different Niches.
After licensing your agency, start scouting influencers in various niches. To appeal to numerous brands, you need creators in multiple industries. Every brand wants artists in their target audience.
For example, a sports brand will want to work with an influencer in the fitness or sports niche.
Luckily, TikTok’s influencer search tools let you find influencers in any niche.
In addition to country, the app allows you to search for musicians based on their follower counts and average TikTok video views.
The TikTok Creator Marketplace is another great place to find relevant creators.
Finally, create a list of influencers by niche on your website.
Maybe you can’t find superstars and A-list influencers at first. Begin by collaborating with micro-influencers to help them grow their careers and go popular on TikTok.
With experience and a successful profession, you may expand your reach by connecting with more creators.
Expand Your Team.
You don’t have to do everything yourself.
If you think you can reach brands and creators more efficiently, employ someone to do it for you.
There’s a lot to do, including website design, Tiktok content generation, and legal document management. So you need a manager, an accountant, marketing gurus, and a site designer.
Hire the top candidates for appropriate positions. A strong team is essential to a successful business.
Diversify Your Influencer Platforms.
An advantage of building an effective digital marketing agency is that you may work on multiple platforms. Aside from TikTok, influencer marketing initiatives on social media work similarly. This covers Instagram, Snapchat, and YouTube.
Influencers promote brands and products in return for brand exposure. Your position as a TikTok consultant will stay mostly the same.
You’ll also notice that most TikTok influencers are active on other social media sites.
With enough TikTok influencers, you may promote brands on several channels. Thus, increasing your revenue streams.
And the major influencer marketing agencies all promote their influencer networks on TikTok, YouTube, Snapchat, Instagram, and other platforms.
Sell Your Own Products on TikTok.
Create indirect TikTok ads that offer merchandise or other products on the network to monetize your TikTok channel. It’s a self-sustaining revenue model like your influencer agency.
Bringing your products on TikTok means reaching a varied audience of Gen Z and millennials. Combined, these generations have roughly $150 billion in buying power in the US.
This is a huge opportunity.
Preparation is the first step to getting your products seen.
TikTok’s Hashtag Challenge Plus is one way.
Like user-generated content, the idea is to get your audience to create and share content about your product. The shoppable hashtag allows interested shoppers to purchase the product within the app.
When a user clicks on a hashtag, TikTok presents a shoppable landing page. Additionally, the hashtag will be displayed on the discovery page, increasing its visibility.
The Hashtag Challenge was initially tried by Kroger, an American retailer.
They enlisted four celebrities to encourage TikTok users to post their dorm makeover films using the hashtag #TransformUrDorm.
The campaign generated over 477 million video views and thousands of UGC videos.
Kroger even established a shoppable brand page where customers could find and buy products directly from the app.
Convincing your target audience to buy your goods is easier with user-generated content (UGC).
If you own an eCommerce site, you can link it in your bio.
If you do not have a product to sell, you can make your own and sell it to your admirers. T-shirts, mugs, sweaters, etc.
The concept can work well if you already have a large following on the platform.
Designing, manufacturing, sourcing, and shipping will be taken care of by TikTok’s impending cooperation with Teespring.
With Teespring, your fans can buy your products directly from the TikTok app.
You can use other online print-on-demand (POD) platforms to sell your own TikTok products.
Here are some POD places to sell your merch:
These systems enable you to handle drop shipping, printing, manufacturing, etc.
Grow And Sell TikTok Accounts.
Social media account flipping isn’t new.
Many already do so on YouTube, Instagram, Twitter, and Snapchat.
You must earn many TikTok followers and maintain engagement to expand a TikTok account. Once you reach a certain number, you can contact brands and individuals who may need your services.
I’d propose focusing on one theme, as they are easier to sell. Brands hesitant to start from scratch can easily take it over. And their viewers may not even notice.
For example, if you create a fashion profile, any fashion brand may buy it. Advertising specialty profiles with regular dances and skits are also accessible.
The natural tendency of brands or individuals to seek niche profiles is to search for specific terms.
A website is another option for promoting your services and connecting with potential customers. You can also sell them on sites like Fameswap.
Based on the number of followers, you can estimate the selling price. To put it simply, the more followers you have, the more money you can
Other than the follower count, there can be other variables.
While no official information is available, here are some possible outcomes:
- 1-13k followers = ~ $100
- 13-50k followers = ~ $100-$500
- 50-100k = ~ $500-$1000
- 100-500k = ~ $1k-5k
- 500k-1M+ = ~ $1k-30k
Launch Your Own Music or Artist Career.
TikTok is the place to be if you want to get noticed by a professional talent agency.
The social networking platform can lead to worldwide fame and recognition.
Think Addison Rae.
Other than TikTok, she has become a household name in the US. The influencer was recently invited to Jimmy Fallon’s talk show and had her own Netflix show.
Not only that, but her new single reached #10 on Shopify’s New Music Friday and Pop Rising lists. According to a recent Forbes report, she earns roughly $5 million a year.
And she’s not alone.
TikTok is responsible for many teen success stories like Addison’s.
The growth potential of social media services like TikTok is astounding.
TikTok can help you start a profession. You can show off your skills in cooking, baking, singing, acting, and more.
Your content may be noticed by a producer or other influential person, leading to a life-altering gig.
And getting noticed by a famous person isn’t that important. You can become famous and make money without being scouted by an agency.
Begin by being viral on TikTok, then move to YouTube and Instagram. Then you may start distributing your material to new places, increasing your audience and revenue and you can also be selling merchandise.
You now have a relevant audience, digital publication sources, and a consistent money stream.
How to Grow Your TikTok Profile And Tiktok Account?
The first step in making a lot of money on TikTok is to get viral on the platform.
Regardless of which monetization strategy you intend to use (barring establishing an influencer agency), you must first build your audience base. The more viewers you have, the more revenue you can earn.
Here’s a basic rundown of how to go viral:
- Piggyback on Trending Hashtags – If you include trending hashtags in your content, your story could reach millions of people worldwide.
- Collaborate with a Well-Known Tiktok Creator – Begin by cooperating with a well-known Tiktok creator and keep viewers interested with high-quality content. Even one of today’s most successful influencers, Dixie D’Amelio, ascended through the ranks thanks to her already viral sister Charli D’Amelio.
- Maintain Consistency — When followers perceive that your content is relevant to their interests, they will begin to follow you. However, nothing prevents them from unfollowing you if you change the theme of your material in the middle of it.
- Focus on Video Quality – You only have 60 seconds to engage with your audience and captivate their attention through video – you cannot afford to scrimp on video quality. To make high-quality TikTok videos, consider using top video editing software.
- Use Viral Background Music – TikTok is responsible for many songs going viral. And some of those popular song videos are shown on other channels, such as a particular YouTube channel or even separate Instagram profiles. As a result, employing viral music in your films rather than in-app audios will undoubtedly reach a larger audience.
- Create Video Tutorials – While many tiktokers are gaining popularity with amusing skits and short movies with lip sync, you may stand out by offering something more helpful with tutorial videos. For example, if you’re a tech buff, you may demonstrate to your viewers how the TikTok algorithm works. It might also be a simple hair-cut tutorial.
Try these strategies if you want to use TikTok to become a full-time creator and make real money on Tiktok.
The Importance Of Being Authentic
Even if Tiktok has several revenue options, it makes sense to be genuine and engage with your audience. You can’t generate money on TikTok without a loyal fan following.
Comment on their videos, send love, follow them back, and stay active on TikTok every day.
Authenticity is not only required for top TikTok creators. In addition, big businesses and advertisers prefer funding creators with high involvement (likes, comments) in their videos.
So, whether it’s a training video, a lip-sync video or a dance video, you need to develop an organic connection with your audience to increase engagement.
Moreover, real helping influencers build more personal relationships with their followers. Of course, marketers prefer partnering with influencers who can better relate to consumers. In the end, it’s all about engagement.
Everyone who wants to be famous is uploading to TikTok. The millennial-favorite app for uploading short videos lets you show off your talents to the world.
It seems like a location where ordinary individuals may become overnight sensations based on their success stories.
You may be the next platform success story.
All you need to do is follow the steps, and you can get your hands on the cash.
Is Making Money On Tiktok A Scam?
So, is making money on Tiktok a scam? Not technically. It’s a perfectly respectable lead generation program.
It’s just not our #1 choice.
Because Digital Real Estate has taken the lead generation model and put it on steroids. It innovates on every part of the business model and makes it so accessible that pretty much anyone can succeed at it.
What if you could put in a couple hours a day (in your spare time) to build a single digital asset, and your reward was a $500 to $2,000 payment that came in every single month?
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Well, that’s the power of Digital Real Estate.
You can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
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They’re able to travel around, living their lives first, and focusing on their income second.
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If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Making Money On Tiktok?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Our #1 Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
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Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
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Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
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Now, the choice is yours.
You could continue browsing, looking at opportunities like tiktok which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
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If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.