For those of you who like playing TikTok, it turns out that there are a number of ways to make money from TikTok to increase income. How To Make Money on TikTok through this popular social media?
TikTok is the world’s fastest-growing social media platform.
This application has been downloaded more than 1.5 billion times with more than 800 million active users.
With TikTok’s increasing popularity, not a few are wondering whether the platform can be monetized?
Actually, there are ways to make money from social media that are almost similar to Instagram and Youtube.
Although, TikTok does not have a system to make money from videos like Youtube.
It’s just that, there are still several strategies you can use to make money on that platform.
Come on, see How To Make Money on TikTok as quoted from the following sources!
8 Ways People Can Make Serious Money On TikTok
Become an Influencer
Quoted by the iconosquare analytics platform page, the first way to make money on TikTok is to become a TikTok star or influencer.
Although, it is not easy to become an influencer in an instant.
According to a Forbes report, one of the most popular TikTok influencers Addison Rae with nearly 54 million followers is the highest-earning TikTok star.
He generates $ 5 million a year in revenue, followed by Charli D’Amelio with 77 million followers who earn $ 4 million.
To become a TikTok star, you must know your target market and the selection of content you make.
Wait until in the end a lot of advertising bids and that’s where the income will flow every month.
Develop and Sell Accounts
The way to make money on TikTok is by growing and selling TikTok accounts.
After all, TikTok is as popular as Instagram.
Instagram users like 23-year-old Ramy Halloun make $ 30,000 every year this way.
Well, this strategy can be replicated on TikTok.
To get started, find a niche market and start creating compelling content.
After growing an account with a large following, you can sell TikTok profiles to anyone interested especially trademarks.
Take a Giveaway
You only need to take part in the giveaway from TikTok creators.
You can use this to get prizes, although not always in the form of money.
Don’t forget to use hashtags for those of you who want to take part in this giveaway.
Do you have enough followers on TikTok? Use this opportunity to get benefit from the application.
Today, not a few TikTok creators have opened endorsements because they are considered easy.
You just need to establish a relationship with the brand owner and offer them cooperation.
The form of cooperation depends on the agreement whether it is paid in cash or in kind.
Also Read: 14 Ways to Make Money at Night
Collaboration with Other Creators
Don’t worry if your followers are not as many as others because you can still collaborate with creators who have many followers.
This can be an opportunity to easily earn money from TikTok.
The trick, invite your friends who have many followers to collaborate to make unique videos.
That way, your account will be easily accessible and become an opportunity to increase TikTok followers.
Logically, the more TikTok followers, the better your chances of getting an endorsement offer.
Donating Coins to Each Other
Still quoted by iconosquare, another way you can use is to donate coins to each other.
This is similar to the Twitch site where you can earn money by way of live streaming.
In the plot, the audience will usually give you some kind of gift item purchased with TikTok coins.
You can get these coins by buying them in real currency and can be converted into money with the payout process.
The minimum amount of money that can be paid out on the TikTok application in a day is U $ 100 and a maximum of US $ 1,000.
TikTok Ad Platform
Another way is to use their advertising platform.
It’s similar to Facebook and Instagram ads.
You can browse “TikTok ads” and register to be able to access their advertising platform.
It’s a good idea to make a few ads, set a budget for experimenting there.
Maybe you can sell more products because you have advertised them on TikTok.
Selling Your Own Merchandise
You can also make money selling your own merchandise on TikTok without needing thousands of followers.
The secret is to create interesting and unique content to grab other people’s attention.
For example, you have a business that sells beauty products and makes promotions on social media.
You can create a creative 15-second makeup tutorial video and post it on TikTok.
In the last 3 seconds of the video, you can add a promotional frame that advertises your own product by including as much detail as possible.
That’s How To Make Money on TikTok.
Hopefully, the article above is useful.