Tiktok has recently gained a lot of popularity. After Garyvee started saying you should be on Tiktok, everyone started making Tiktok videos.
Not to mention, all the Tiktok stars have millions of followers. Everything aside, you surely might be thinking how one can monetize Tiktok and make money on Tiktoker as a Tiktoker or Tiktok stars.
We are going to see a couple of ways you can monetize Tiktok and earn money.
Monetization on Tiktok – Adsense or ads are available?
As of now, there is no official way you can monetize Tiktok. Unlike Youtube, here you can’t just upload videos and make money from Adsense.
In simpler words, there is no official way you can display ads on Tiktok account to monetize it. Maybe in the near future, there will be a way you can monetize Tiktok but as of now, there is no way.
However, if you are using Tiktok for education purposes (using Edutok), you can take advantage of Tiktok monetization.
Edutok Monetization Program
Tikok is trying its best to encourage more people to use Tiktok in an educational way. Therefore, they have come up with this amazing Edutok Program on Tiktok. Basically, this is a program where you can share something knowledgeable with your audience.
It could be as simple as teaching a language or you can teach them how to dance.
Edutok Program Eligiblity
Now, let’s understand how you can join Edutok program by Tiktok and further, we will see how you can enable Monetization in Edutok.
- You need at least 5000 followers if you want to join Edutok program.
- You must be posting videos related to Edutok.
The following are the hashtags you must use. You don’t need to use every one of them but it is highly recommended that you should use at least 1 Edutok hashtag.
How to Join Edutok Program?
The one common question you might be having is how to join Edutok program, right? The process is simple and won’t take long.
Just open the Tiktok app and click on the Discover button. Once you go there, you will see an option to Join Edutok Program. You will see a banner similar to the one given below. Click on Join now, complete the steps and that’s it.
Once you join Edutok program, you will also get access to Edutok Monetization Program. Furthermore, there are a couple of more benefits you will get when you join it such as collaboration opportunities, boost live streams, etc.
How do Tiktokers earn money?
So, some people might think that they can’t monetize Tiktok. However, it is not true. There are many ways you can make money on Tiktok. Adsense is not the only way to do so.
There are millions of Tiktokers who are earning money from Tiktok. Some of them even are making really good money. So, even if there is no Adsense or other ads, you can still make money on Tiktok. The question is how?
Therefore, we are here with a couple of amazing and easiest ways to make money on Tiktok (Formerly Musically). Whether you are in the entertainment industry or you are using Tiktok for education (Edutok), you can monetize Tiktok to earn money.
So, the short answer on how do Tiktokers make money would be: Using the Edutok Program or by below-given methods.
Without wasting more time, let’s jump into the section where we will see a couple of ways you can make money on Tiktok.
How to Make Money on Tiktok?
Here, we are going to see a couple of ways using which you can make money on Tiktok. These are the best ways you can try. Mostly, you can try all of them together but it is always recommend to try all of them at first. Thereafter, you can choose the only one which is working the best.
Tiktok is one of the largest and fastest-growing social networks. Hence, you can easily start making money from Tik Tok. Here is what Wikipedia says about the social network.
#1 Direct sponsorship on Tiktok (Influencer Marketing)
The first way you can monetize Tiktok is by influencer marketing on Tiktok. Some people might also call it being a brand ambassador. You might have seen some of the Tiktokers promoting a particular brand. Well, they are not doing it for free. They get a good amount of money for promoting the brand. This is called influencer marketing.
This is now a common kind of marketing that people do on social media. Even if you take Youtube into consideration, this has become very common. You might have seen that Youtubers also promote products are direct sponsorship.
In the same way, there are many Tiktokers who are getting well paid for endorsing brands. Brands often go with influencer marketing or direct marketing. This is because the fans are more likely to purchase a product or service if their favorite Tiktok stars recommend it.
Therefore, it is a win-win situation for you (as a Tiktok star) as well as for the brands. Not to mention, the amount is really good. You will make a good amount of money even if you just start endorsing one single brand. Also, once you start promoting them, there will be many other brands who will contact for the brand promotion. You can make good money from all of it.
#2 Sell your own Products or service
Another way you can make money on Tiktok is by selling your own product or service. Actually, this is the best way to make money on Tiktok but if you already have a product or service, you might be knowing this. If you run a business or you are having a service, you can sell it on Tiktok. This may sound strange at first but it works.
This goes good if you have a product in the entertainment industry. For instance, it is way easy to sell your makeup kit on Tiktok then to sell your ebook about programming. Therefore, the industry does play a certain role when it comes to selling products or services in Tiktok.
So, if you have certain kinds of products, you can surely promote it on Tiktok. If not, you can still give it a try to see if it works or not.
Don’t have your own product? Sell someone else’s product which brings us to the next step.
#3 Sell Affiliate products on Tiktok
How can we possibly forget affiliate marketing? Affiliate marketing is a great way to make money on Tiktok and every single platform out there. You can do the same thing on Tiktok.
If you are not aware of the affiliate marketing then here is a short and simple definition for it.
Affiliate marketing is a process where you promote someone else’s product. If someone buys their product from your unique link then you get a certain percentage of commission.
Now, there are various different types of commissions you will get. Most of them will pay you X% per sale you make.
Let’s talk about Amazon. Assume, you are a Tiktok star with a huge amount of fan following. You will first have to join the affiliate program on Amazon.
Now, the next step for you is to find some of the best products that you think your audience will buy. It depends on what kind of videos you make on Tiktok. If you are making dance videos or you are simply a fashion blogger, you can also find some great outfits on Amazon.
Your next step is to share those links on Tiktok. Don’t spam. Keep it simple and casual. You will get a commission if someone buys from your link.
In the same way, you can join other affiliate programs along with Amazon. Digital products will pay you more money as compared to the physical product.
#4 Promote apps and games
You surely might have seen TIktokers playing games and promoting them. The game developer or the game studio pays the Tiktokers for promoting the app or game.
Videos are the best way to market an app or game. If anyone uploads the gameplay of a game or simply the working of the app, people are more likely to download that particular game or app.
This is the reason why people are now using videos to promote their apps and games. So, all you have to do is find some of the Tiktokers who are promoting an app or game.
Your next step will be to contact the manager of the game. You can get the email address from the Google Play Store or the Apple App Store. Contact them and see if they are interested in promoting their app or game.
You can also create your own app and game. You can head over to Fiverr and find some of the affordable developers out there. The prices are really affordable as you can get your game even at $20. Moreover, you can add Google Admob in your game to make money with ads.
However, if you do not want to do these things, you can simply promote someone else’s apps and games and make flat income. They will pay a flat one-time amount for a video. If they get a good response, chances are you will also get other offers to earn money on Tiktok.
#5 Drive them to Youtube
Well, Well, Well. You already are making videos, right?
Why not start making Youtube videos. Youtube pays you money. There are certain eligibility criterias, once you complete it, you can start monetizing Youtube.
You just need to reach 1000 subscribers and 4000 hours of watch time in a year. It is easy, right? If you have a Tiktok account with a huge following, you can reach these criteria in just a couple of days/weeks. All you need to do is start creating videos on Youtube.
How? Well, you can also partner up with a couple of fellow Tiktokers and make a story video. Write a story and a plot. The next thing you need to do is create a long story on Youtube. It could be a short film also.
Now, take out some clips from that Youtube videos and upload it on Tiktok. Make it suspenseful. Have you seen those people who upload one story and then tell you to see the rest of the story on their Tiktok account? You can simply send them to Youtube.
In this way, you will not only increase your Tiktok followers but you will also gain popularity on Youtube. Best of all, you can make money with this.
So, the next way on how to make money on Tiktok is by using Youtube.
#6 Create and sell your Merch
The next way you can make money on Tiktok is by creating and selling your merch. If you have a loyal fan following, you can really make money on Tiktok with this particular method.
Merchandize is where you create your own custom printed products such as Teeshirts, hoodie, mobile covers, mugs, etc.
The print could be one of your taglines or it could be your signature pose on Tiktok. You just need to find a graphic designer who can make it a logo. Next, you can start selling the merch.
Depending on your country, you can find companies that will make the products for you. If any of your fellow Tiktok stars are doing the same, you can simply ask them the name of the company.
In this way, you can start selling your own products and keep the profit. Please note that it only works if you have a huge fan following as well as you have a loyal fan following. Do not start it if you have very few amounts of followers.
#7 Make a personal brand
You can always make a personal brand if you are using Tiktok.
Want to know in simple words? Well, you can start making travel vlogs or food vlogs. On the plus side, you will get a free hotel stay, free food, free accommodation, as well as you will also get paid for it.
Further, if everything goes alright, you can become a professional travel vlogger in a year.
Final words: Conclusion
To conclude, this was all about how to make money on Tiktok. If you already are monetizing Tiktok, do let us know in the comment section. Also, tell us which method you are using to monetize Tiktok and earn money from Tik Tok.
To summarize this post, here we can say there is no direct way you can earn money on Tik Tok or Edutok. But you can surely use other ways such as Affiliate marketing, direct sponsorship, and other ways to earn a living. Tiktok earning can be really well if you get the right method.
So, the best way is to test all the methods given above and then you can use one of them to start Tiktok earnings.
FAQ on Tiktok Earning
Does Tiktok pay money?
No, you don't directly get money for views or followers. However, you can surely use some of the other ways to earn money from Tiktok.
how much money do Tiktokers make?
There are various factors that you need to see such as country, language, type of videos, followers, etc. Some Tiktokers are even making more than $10k for brand promotion.
Can I make money on Tiktok?
Yes, you can make money on Tiktok or Edutok. You can start TIktok earning from one of the ways we stated in the post.