7 Effective Ways How to Make Money on TikTok?

Effective Ways to Make Money on TikTok
How to Make Money on TikTok?

You’ve probably been drooling over the successes of creators on YouTube and Facebook.

And you’re wondering if you can have your success on TikTok?

Before we start discussing how you can make money on the platform, I would like to point out that this article is for beginners who want to create a successful career as an influencer on TikTok.

So How Can you Make Money on TikTok? 

Aside from the Ads played between videos, making money on TikTok, YouTube, and Instagram is the same. The behavior of the audience is slightly different, but the effective method on YouTube is applicable on TikTok. 

So what are these?

Here are 7 Effective Ways How to Make Money on TikTok

Brand Promotion with Businesses

Influencers are an affordable option for business owners to advertise their products or services to a targeted audience

If you’re able to accumulate a horde of engaging followers, you can use your account as an advertising platform.

If you have thousands, if not millions, of people following you, for sure, companies will take an interest in advertising on your account. Once this starts to happen, you can charge them with each promotional post. The more popular you become, the more money you can ask from brand promotions. 

Drive Traffic from TikTok to Facebook or YouTube

Facebook and YouTube already have profitable monetization Ad programs for creators. If you have content on those platforms that needs more views, you can use TikTok to drive traffic. 

You can tap your TikTok fans to increase engagement on your YouTube or Facebook Page. 

For YouTube, this is easy because you can connect it to TikTok. And for Facebook, just make a call to action for your audience asking them to visit your page. 

Promote Affiliate Products on TikTok

Affiliate Marketing is a very popular method of making money on social media. Especially if you have a landing page, you can connect your landing page URL to your TikTok account. 

Some accounts have a default Website option under the Bio, but for others who don’t, you can Join TikTok Testers and avail of the link in the Bio option.

So why affiliate marketing on TikTok?

The attention on TikTok is massive. A lot of people are spending time on the platform, and when there are people gathered in one place, there is an opportunity to promote a product and make a sale. You are already engaged in making TikTok videos, why not monetize your effort with affiliate marketing?

Drive your TikTok Traffic to your Website

So if you have a website, a simple WordPress or Blogger website, you can apply that property for Google Adsense. All you need to do is drive traffic to that website so Google accepts you on their Ad-program. At the same time, you’ll make money from the Ad impressions and Ad clicks.

You produce content on TikTok to welcome user engagement and ask them to visit your website.

Offer TikTok Promotions as a Gig on Fiverr

Check these accounts. These influencers are offering brand promotions on Fiverr. They are selling posts on their TikTok account as a Fiverr Gig. Fiverr is a popular website where businesses buy services from Freelancers. 

What you’re doing here is like brand promotions. But instead of waiting for brands to come to you, you actually open your account for promotions on Fiverr.

Become a TikTok Consultant

Presumably, from today and months from now, you become this super influencer that figured out how to grow a TikTok account. 

You’re able to develop a skill that can somehow skyrocket an account’s followers or engagements in a matter of days. 

Now that is a high-paying social media skill, and you can offer that as consultancy services to other influencers looking to increase their popularity on TikTok.

Once you’re able to build credibility as a TikTok expert, your account becomes a high-status personality. 

When people come to you and ask for advice, you can give them your free opinion, but then charge them for your recommendations.

You can Sell your own Product on TikTok

Finally, you can sell your own product. Say, you have a small store, and you are selling some gift items or shirts. 

You can use TikTok to attract customers and sell them your merchandise. People are selling almost anything on Facebook, then why not do it on TikTok as well? 

TikTok’s business account has a feature that can help you target your customers. Your TikTok analytics page can tell you which time of the day, most of your followers are active. You can use this information to sell on those hours and increase your possibility to convert more sales.

Final thoughts on How to Make Money on TikTok?

If you’ve noticed, the foundation of how the following methods can be successful is a strong following. When you are starting, do not think about the monetization factor of TikTok or any social media platform for that matter. Focus first on building an audience. Consistently post quality and engaging content.

Because if you have thousands or millions of eyeballs looking at you, you can definitely flip those out into money. 

I hope this article has been helpful and please do visit my Facebook page. Thank you for reading and see you on my next blog.