5 Easy Ways How to Make Money on TikTok

• Ideas

• July 11, 2022

At the time of writing this, there have been more than 3 billion active downloads of the TikTok app since the release for Android and iOS in 2017. The growing popularity is gaining more attention and users all over the world.

TikTok is a simple video sharing app which allows users to quickly and easily create and share short videos using their smartphones. Unlike YouTube, it enables everyone to be a media creator with less skill.

Like Facebook and Instagram at early stages, TikTok is currently underrated even at the fascinating rate of its growth. Although the company does not share the revenue with the creators like YouTube at the moment, the app is very commercial-friendly and you can make money by simply creating short videos.

Firstly, you will start by;

Downloading TikTok app free from GooglePlay store or AppStore
Uploading quality entertaining content around a particular niche.
Gaining followers

Then you can start making money on TikTok through any of these methods;

1. Accepting Live Gifts

TikTok LIVE Gifts is a feature that allows your viewers to react to your TikTok videos and show appreciation for your content.

With LIVE Gifts you can collect Diamonds from TikTok fans. Diamonds can then be redeemed for money with TikTok.

TikTok LIVE Gifts

To be eligible to collect Diamonds through LIVE Gifts, you need to meet a few requirements:

You must be part of the Creator Next program.
LIVE Gifts must be available in your location (this feature is currently not available everywhere).
You must be 18 years of age or older (or 19 in South Korea and 20 in Japan).
You need at least 1,000 followers and your account must be at least 30 days old.
Your account must be in good standing, which means following TikTok Community Guidelines and Terms of Service.
Business Accounts are ineligible to participate.

Learn more at TikTok LIVE Gifts on their Creator Portal

2. Become A TikTok Influencer

Companies and businesses now collaborate with popular TikTok influencers and pay them to promote their brands and products. So, with a good number of audience and popularity on TikTok, you can make money by showing sponsored posts of different brands.

Assuming your Tik Tok following is 50k, you can charge companies a good sum of money to promote their brand or product on your profile.

3. Start Your E-commerce Store;

Also, you can start your own e-commerce businesses and sell your products. People who love your videos will surely follow you and might consider patronising your business. Make TikTok videos that show off your products; show all the details that make your products different.

Then include a link to your store in your bio. If you don’t have an online store, you can simply setup your store on WhatsApp Business and list your products with prices.

4. Start Affiliate Marketing;

If you don’t have a product or services, you can also make money selling other people’s products. It’s very simple; just sign up with any online store that offers affiliate marketing like Amazon, Aliexpress, Konga, Jumia and so on.

Then place your affiliate link on your bio. So when anyone clicks through the link and makes a purchase, you will earn some percentage.

Do the same on your Facebook, Twitter and other social media profile.

5. Sell TikTok Accounts;

A lot of businesses would prefer to buy an already grown TikTok account than starting from zero.

You can create different accounts that are not attached to your person. Personal accounts could take time to sell because followers may be attached to your personality instead of the style of your content.

So, you can make content that focuses on some niches like lifestyle, fashion, beauty, tech and so on. Once you gain many followers, you can list and sell the account at Fameswap.