TikTok has captured the attention of millions of users around the globe, it has emerged as one of the most entertaining platforms to spend time online. While some watch videos just for fun others are actually doubling down by making money from watching videos on the platforms. You guessed right. In this guide, we will talk about how to start monetizing your TikTok devotion and actually start making money. You can a tik tok enthusiast or a casual user it is still possible to put money in your pocket.
Also Read: How to Get Paid to Watch Videos
Build an Engaged Following
Like most of the social media platforms, Tik Toks requires that you build a sizeable following before you can actually start making money. Focus on creating content that resonates with your potential audience. Engage with other people’s content by liking and commenting to help you gain visibility.
Become a TikTok Influencer
Once you have grown a sizeable audience, you can start considering becoming a tik tok influencer. Brands are always on the look out for new and promising influencers who can promote their products to a different audience. It is imperative that you work with brands in your niche, that align with your audience. Make money through sponsored content.
Join TikTok Creator Fund
Accumulate atleast 10000 followers and 100000 views on the platform within the last 30 days and get a chance to join the tik tok creator fund. Once you are in you will get paid for views on your videos thus you need to accumulate tons of views to make any reasonable amount of money.
Participate in TikTok Challenges
Participating in challenges that are sponsored by brands is another way to make money on Tik Tok. This has more to do with who creates the most engaging or viral videos. Participating in challenges could be a chance for you to gain exposure while showcasing your talent.
Live Streaming Gifts
During live streams you get to interact with your followers in real time. Viewers are allowed to support you by sending live gifts. However it is also possible to try and secure sponsorship deals , selling your own merchandise and promoting affiliate programs.
Promote Your Services
If you have your own services to offer, tik tok can be an excellent platform to promote them. Make sure the services you are promoting align with the needs of your audience. Create engaging content to showcase your skills and how you can help your audience improve parts of their work or lives. You can put link that directs potential clients to your store or website.
Diversify Your Tik Tok Income
The Tik Tok creator is a good way for upcoming creators to tap in to. Once you are an established creator that creator’s fund won’t cut it anymore now it’s time to diversify sources of income on Tik Tok in order to maximize your earnings. Thus create multiple sources of income.
Crowdfunding
Patreon and Kickstarter are other platforms that can be used to generate income beyond Creator fund. Find something to offer your audience for example you can do behind the scenes access, shootouts and exclusive content in exchange for monthly subscriptions. This is allows you to see how dedicated your audience is to your success.
Popular Crowdfunding Platforms for tik tokers
Patreon
One the leading crowdfunding platforms in the world. Well suited for Tik Tok creators who want to offer personalized content to their fans or followers in exchange for a subscription that can be recurring.
Kickstarter
If you have a creative project that you want to bring to life. Kickstarter allows you to create a campaign set your project funding goals and deadline. If people like your project they can pledge money to make it happen. One the goal is reached, backers and credit cards are charged.
Indiego
A crowdfunding platform that caters for creative tech projects and community projects. No set up fees charged, offer both fixed and flexible funding options thus creators can choose to get the money if the campaign reaches the goals or keeping al raised funds.
GoFundMe
Usually used for personal fundraising and charitable cases, but can also be used by creators for specific projects and initiatives. Make sure you have a compelling story that resonates with your audience to make it and effective platform to raise the fund you need
Online Courses
If you knowledge of how to do something, that can potentially help your audience then it is your chance to give something valuable to your loyal following. Create short courses and promote them through your Tik Tok channel and stand a chance to strengthen ties with your audience while also making money on the platform.
Affiliate Marketing
A popular way to earn money by promoting products or services in return for a commission. Look for affiliate marketing programs that are in your niche and align with your target audience in order to make money..
Popular Tik Tok Affiliate Marketing Tools
The are some of the most talked about affiliate marketing tools that have gained popularity on TikTok in recent times:
- LinkPop: A link-in-bio tool that allows you to showcase multiple affiliate links and product offerings in a nice vertical feed. It is a great too if you want to promote more than one product.
- Socifi: Helps creators track affiliate link clicks, conversions, and earnings directly from the Socifi dashboard.
- Sked Social: Works on several platforms Tik Tok included.Helps to plan, schedule and analyze tik tok content including affiliate links.
- TikTok Shopping:Allows for users to view the products that you tag on your content and gives them the option to add to cart and complete the purchase without leaving the platform.
- Canva: While not specifically for affiliate marketing, tik tok creators also use it. Creators use Canva to create eye catching graphics, visuals, and product models to promote their unique affiliate links.
These are some of the more prominent tools that TikTok creators leverage to enhance their affiliate marketing efforts on the platform. The key is to find the tools that best integrate with your workflow and content strategy.
Bottom Line
Tik tok has changed the way we create and engage with video content, in doing so it opened up avenues to make money. If you are someone who spends more time on tik tok this could be a lucrative opportunity for you to start making money with your knowledge of the platform you may have an edge. However it is imperative to know that Tik Tok success is not over night neither is it guaranteed, but with dedication and commitment you improve your chances of making it big on Tik Tok . Do you have a tik tok account and want to start making full time job replacement income ?