Social media sharing short videos, TikTok now has very rapid popularity throughout the world. Not a few of them created content using the TikTok application, went viral overnight.
Unfortunately, until now TikTok does not have a monetization system in the form of AdSense like YouTube, which allows content creators to earn income from the videos they make.
But don’t be discouraged, Instagram which also doesn’t have monetization in the form of AdSense alone can make money for its users, why can’t TikTok? Come on, find out 7 ways to make money on TikTok with only short videos.
How can you earn money on TikTok?, These the best ways
1. Get sponsorship or paid promotion
Overtime when you already have a lot of followers and videos get lots of likes, of course, there will be a brand that glances at your account to advertise its products on video, of course with a fee that you can adjust to the advertiser.
This is the main source of income for most influencers on TikTok. The form of sponsorship cooperation itself can only be in the form of audio or the product is displayed together with the video content that you upload.
2. Develop accounts and then sell
The first way to make money from Tik Tok is to grow an account and then sell it. Similar to Instagram, you might be able to create entertaining content so that it can go viral, thereby attracting lots of people to follow you.
After successfully having a large number of followers, you can reach brands that match the character of your account and sell TikTok profiles to a brand or these people.
3. Donate coins
Similar to the Twitch site, which is a site where people can earn money by live streaming, you can also do it via TikTok even if you have a small number of followers.
The flow of the process, usually the audience will give you some kind of gift item (animation of frogs, flowers, guitars, dolls, etc.) purchased with TikTok coins. You can get this coin by buying it in real currency.
You who have received gift items from the audience can convert them back to real money with the payout process. The minimum amount of money that can be paid out on the TikTok application in a day is 100 dollars and a maximum of 1000 dollars.
4. Manage influencer campaigns
One way to make money from TikTok is by offering influencer campaign management services. This is not a new idea because many agencies have been formed to serve the needs of influencers on many social media.
The same concept applies to TikTok. You can become an intermediary between the content creators on TikTok and the brands that want to work with those influencers.
From making an agreement, connecting the two parties, being a coordinator and others will be a business relationship that can make money for you through TikTok.
5. Take advantage of TikTok ads
Another way you can earn money from TikTok is by using its advertising platform, especially for those of you who are product sellers.
Just like Facebook and Instagram ads, you can also register your product so that it can be advertised on the TikTok ad platform, so you can reach a wider range of consumers.
Create several advertisements for your product. That way, you can increase the sales of more of your products because you have advertised them on TikTok. Get ready for a flood of orders!
6. Account management
This method is also quite popular on various social media, such as Instagram and Facebook. Yes, you can try offering management services for TikTok content creators.
Some of the content creators on TikTok have millions of followers and sometimes this happens very quickly. It’s like having ‘business land’ on their laps.
You can step in and offer a service to help strategize their content needs and manage the offers that come their way.
So, if you have a background in production, you can definitely apply it to offer management services to content creators on TikTok.
7. TikTok Consultant
Another way to earn money from TikTok is to offer TikTok consulting services. Yes, this method applies if you are professional enough in this field.
Judging from the current trend of the millennial generation, there are so many people who want to become stars on social media, like TikTok, so maybe you can help content creators about how they can get a lot of viewers as well as followers in their videos.
A precise strategy is needed so that their videos can be seen by hundreds of thousands, even millions of people, to increase their popularity.
Of course, you need to have some background and experience in this in order to offer this as a service. But once you have them, people will not hesitate to pay high prices for their accounts.