7 BEST WAYS TO EARN MONEY ON TIKTOK (2022)

Have you ever daydreamed about being paid well to play with your phone all day?

It appears that's exactly what occurs when you learn how to make money off of TikTok. Every day, we witness the countless influencers who earn millions of dollars annually from their TikTok accounts.

It's hardly a mystery, either. Since its release in 2016, TikTok has expanded remarkably quickly; it is the first app not owned by Facebook to reach three billion instals.

Although earning money from your TikTok account isn't simple, it is definitely doable if you have the motivation, plan, and desire to find out how it's done.

We'll examine seven techniques to start earning money on TikTok in this article.

Let's proceed.

Making Money on TikTok: 7 Ways to Start Today

There are several ways to earn money using your preferred app. Let's take a look at some of the most effective TikTok monetization methods for 2022.

1. Become a TikTok Influencer

The adage "Build it and they will come" is well known. TikTok is included in this notion.

You will be able to secure influencer collaborations with brands all around the world that want to engage with your audience if you establish an account with a devoted and active following.

A brand can ask you to advertise their goods or services in your TikTok videos as part of an influencer marketing deal. Money or free merchandise from the business are the most typical forms of compensation.

Contrary to popular belief, you don't need millions of followers like Charli to become an influencer.

Many brands favour collaborating with "micro-influencers," or influencers that have fewer followers. Depending on who you're talking to and the size of the market you're targeting, the definition of a micro-influencer might vary, but it typically has between 5,000 and 50,000 followers.

It's a good idea to have a specialty or a particular subject or topic for your account and articles if you want to succeed as an influencer. Brands will be able to tell right away if you're a good fit for the goods and services they want you to help market in this way.

2. Grow and Sell TikTok Accounts

Many companies want to be active on TikTok but lack the time and funds to establish and develop a presence there.

Why not provide them a quick path to TikTok expansion? Growing and selling TikTok accounts are two ways to achieve this.

People have constructed social media accounts for a while now and sold them to generate money. For instance, Ramy Halloun, 23, uses this TikTok monetization technique to get about $30,000 annually.

You need more than simply an appealing selection of videos on your account to successfully sell TikTok accounts. You'll also need a committed following and a focused aim.

The buyer can go on producing the same type of material after the purchase to keep followers, making themed or "niche" accounts simpler to sell.

For instance, if you sell an account that contains brief unboxing-related videos, the brand you sell the account to is free to keep publishing the same kind of films in the future.

Because followers may be drawn to the person rather than the type of material, personal accounts are much harder to market.

You must have a solid content strategy for selling TikTok accounts, interact with followers frequently, and offer purchasers suggestions on how to increase engagement on their newly acquired accounts.

3. Publish Sponsored Posts

Through sponsored content, you can earn money from your TikTok account in another way. This is the point at which businesses approach you (or you approach them) about include their products in your video. They recompense you for your service by paying you a price in exchange.

You might begin by constructing your portfolio by working with lesser brands. Ask your neighborhood's small businesses if they would be interested in being featured on TikTok. Starting out with a low price and gradually increasing it as your reputation as a TikTok maker grows can be a good idea.

But if you'd prefer to charge a premium and attract companies, think about signing up for the TikTok Creator Marketplace (TCM). For those who are not know, TCM is a platform for cooperation that enables marketers to interact with TikTokers and conduct marketing campaigns with them.

To apply, you must have at least 100,000 followers, be at least 18 years old, and have received at least 100,000 likes on a video in the previous 28 days.

In order to obtain sponsorships as a novice artist, it is therefore best to concentrate on creating inventive TikTok films that you can share with corporations.

4. Sell Your Own Products

Baca Juga

If you have a TikTok for Business account and are from the US, Canada, or the UK, you might be able to add a shopping tab and product links to your profile.

In essence, the shopping tab is a new feature as a result of TikTok's collaboration with Shopify. It's intended to assist TikTokers who have a Shopify store in promoting their goods via the app. When a user clicks a product link, they are taken to the retailer's Shopify store to make a purchase.

Even if it's not a straightforward way to make money on TikTok, you'd still profit by driving purchases for your company.

Pro tip: If you are new to TikTok, you can promote your products by making original TikTok movies. For instance, you can create 30-second recipe videos and post them on TikTok if your company sells culinary products. Be original!

5. Collect Donations

Coins is an intriguing feature on TikTok. You can get these coins from your most devoted and devoted fans if you're qualified to live stream. Eventually, you can sell them for cash.

This is how it goes: Imagine that your biggest fan buys coins, which cost $1.39 for 100 coins (and $139.99 for 1,000 coins) in increments.

That user can send you coins if you're live streaming or use those coins to make purchases for you. Following that, you can use PayPal to exchange coins and presents for diamonds, which can subsequently be exchanged for cash.

Really nice, no?

The main drawback is that not everyone can access live streaming. To be able to monetize TikTok with this method, you must have a strong account because TikTok hand-picks users for livestreaming.

The Chinese counterpart of TikTok, Douyin, includes a feature similar to this one that allows account owners to directly sell their goods and services during live streams by providing a "shopping cart" option.

It's possible that TikTok will one day add this option, which would be yet another amazing way to monetize TikTok.

6. Become a TikTok Consultant

One of the more difficult platforms for many businesses to master is TikTok. Trends frequently shift due to the channel's special characteristics.

Anyone can instantly become a viral sensation, and it's simple to lose some of your fans as well.

TikTok consultants are in high demand as a result.

Brands engage TikTok consultants to assist them establish their presence and increase traffic to their TikTok accounts.

If you know how to create TikTok videos that go viral, you may charge people to learn from you. It's a fantastic method to make money off of your skills while creating professional relationships.

You'll need to show that you can generate hundreds or perhaps millions of views on videos if you want to be a successful TikTok consultant. You'll also need to be familiar with how to use the app's many functions.

If you're successful on TikTok, you should take care of these issues.

7. Start A TikTok Talent Management Agency

Do you have any experience in production, social media marketing, or talent management? You may start a company that provides advice and oversees the accounts of well-known TikTok users.

It's comparable to performers having their own talent managers, if you think about it.

For those individuals who have suddenly become extremely popular, this service is quite beneficial. They create a fantastic video, get out of bed, and then POW! They have more supporters than ever, but they don't know how to maintain the momentum.

That's where you, as a talent manager, step in. You might support influencers by:

Make alliances with companies whose brand values and fan base align with yours.

On their behalf, negotiate contracts and agreements.

Give them content strategy recommendations to increase their exposure and engagement.

Create innovative and captivating methods to earn money (for you both!)

How Much Money Can You Make from TikTok?

Although you don't need 20 million followers to make money on TikTok, a successful account needs to have a large, active following.

The amount of money you can make from tactics like influencer marketing is typically correlated with the number of followers you have. It is common knowledge that popular accounts can make tens of thousands of dollars or even a million dollars from a single post.

There are tools available that can predict your potential earnings depending on your account stats. The TikTok Money Calculator from Influencer Marketing Hub is an excellent tool.

Let's take the well-known TikTokker Kody Antle, whose father's appearance on the popular show Tiger King is what made him famous.

With 28 million followers and an interaction rate of 0.75%, Kody could be earning up to $27,800 every post.

Your earnings will be less if you're still in the micro-influencer levels.

For instance, Carlos Ayala makes an estimated $114 each post and has 112,900 followers with a 3.07% engagement rate.

Remember that your earnings will vary depending on the TikTok monetization plan you choose and the methods you take to make that strategy a reality.

How Many Followers Do You Need To Make Money on TikTok

Technically, 1,000 followers would be enough to start earning money on TikTok. Finding companies willing to sponsor your material would be necessary.

Another strategy is to interact with your viewers in live videos to win prizes and establish yourself as a fan favourite.

TikTok viewers can send presents in a variety of types and quantities to their favourite creators to show support. When you get a gift, your TikTok profile will change it into a diamond. When you have produced enough diamonds, you can sell them for money and withdraw the proceeds using PayPal or another accepted payment method.

The $100 minimum withdrawal threshold applies. Creators on TikTok can withdraw up to $1,000 every week.

Along with these two choices, you can apply to become a member of the TikTok Creator Fund. This is a programme TikTok utilises to reward content producers that consistently produce high-quality material and add value for their audience.

The guidelines for the TikTok Creator Fund are as follows:

There are at least 10,000 followers on your TikTok account.

In the last 30 days, you have produced at least 100,000 video views.

You reside in the UK, US, Germany, France, Spain, or Italy, are at least 18 years old, and

The top options for this method are creators who have been able to collect a significant following during in the past few months.

Summary: How to Monetize TikTok in 2022

It's simple to figure out how to make money on TikTok.

The most important thing to remember is that you need amazing material that people like, and you need to put in a lot of effort to steadily increase your following.

You'll start making money right away if you approach it with the appropriate attitude, are willing to learn as you go, and keep a careful eye on what's working and what isn't.

Here are the top 7 ways to start earning money on TikTok, in brief: