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.
8 ways 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 recommended 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 Monetize on TikTok
TikTok Pulse program now allows the advertisers to show and display ads on the videos. The person who is making the video will have the option to turn it on.
When you turn it on, the ads will start playing alongside TikTok videos. The users can make money from TikTok with the number of ads.
The CPM for TikTok will depend on the type of videos you’re creating. For most cases, it’s between $5 to $40. You will get the amount for every 1000 views. Again, it can be higher or lower.
2. Direct sponsorship on Tiktok (Influencer Marketing)
The next 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 well if you have a product in the entertainment industry. For instance, it is way easy to sell your makeup kit on Tiktok than 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 affiliate marketing.
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 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 compared to physical products.
3. Live Stream and Gifts
Want to make money with live streams and gifts? TikTok allows you to do it.
The latest update allows the users your fans to send you the coins if you stream. You will have to start a stream for that.
People who are on TikTok are looking for entertainment value. When you do that, the users will love the entertainment. For the same reason, they will send you gifts and coins for the value you provide.
If you are a business, you can surely use it to provide more value to your customers.
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 to 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 a 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 criteria, once you complete them, 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 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, hoodies, 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, and free accommodation, as well as you will also get paid for it.
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.
All you have to do is keep making TikTok videos and you’re good to go.
FAQ on Tiktok Earning
Does Tiktok pay money?
Yes, TikTok now allows you to monetize your videos.
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.