How to make money on TikTok: 7 ideas

Whatever way to monetize TikTok you choose, they all suppose that you have gained your audience. But if you're a newcomer, read this article on how to become popular on this platform.

You can start making money from TikTok by advertising products that you personally use. Yes, we place the focus on the phrase "you personally use". Are you wondering why? Well, if you tell your followers about products that you've never used before, then who knows, maybe it's life-threatening to use it. Thus, the trust level of your audience will decrease.

Try to work with those brands that are somehow connected with your blog. If you shoot makeup tutorials, then your followers will be interested in advertising a cosmetics brand. And if you advertise, for example, the brand of engine oil, it will be, at least, strange.

TikTok added a special platform for cooperation between influencers and brands — TikTok Creator Marketplace. Thanks to this social media platform, TikTokers can receive a notification directly in the app that a brand wants to work with them.

The platform guarantees brands that their products will be advertised at a decent level, and TikTok influencers can trust the brand with which they cooperate.

The most popular and unobtrusive way of advertising is to promote songs in your videos. Artists or their labels try to make their songs viral by paying TikTokers. So, the content creators have to dance or lip-sync using a certain song. This increases the chance that the track will be viral.

Yes, you need to be an influencer on TikTok to make money this way. Then musicians will turn to you for help in promoting their tracks.

Mainly, TikTokers get collaboration offers either by email or Instagram direct messages. So, don't forget to specify your contacts in order not to miss offers. These can be links to messenger apps, other social networks, or email. All of them can be placed on Taplink. This is a service that collects several links into one URL at once. You can't deny the fact that it's easier to add one link than to spend time specifying a bunch of your links.

TikTok star endorsement is a way to earn money that directly depends on your popularity on the platform. A brand invites you to cooperate with them and asks you to advertise their product. You just have to star in their video and tell a little bit about this product. People will trust the brand more if they see that it's advertised by someone who they know. 

TikTok supports its users and rewards the most successful ones financially. Its Creator Fund program was launched to encourage those who dream of using their voices and creativity to spark inspirational careers.

You can join this TikTok program to make money. But before you send an application, make sure that you meet the following requirements.

The program was launched in July 2020. At that time, $200 million was allocated to support TikTokers. But by 2023, this figure was promised to increase to $1 billion.

TikTok pays 2-4 cents for every 1000 views. The number of cents depends on the size of the audience and the popularity of the account. It seems like it's nothing to get like a few cents. But imagine that your video has got several million views per month. Thus, you will get even more than one hundred dollars.

If you like to live stream, there is one more way to monetize your TikTok account. If Instagram reactions and comments on Lives and posts remain just words and emojis, then TikTok virtual gifts can be traded for diamonds. And these diamonds can be changed for real money. 

If you want to make money by hosting Lives, you need to set up the gift feature in your TikTok first. That's how you can start receiving donations from your followers:

When you've earned enough on TikTok Lives, you can make the money real. Here is a short instruction on how you can withdraw them:

Now it remains to log into your PayPal account and confirm the withdrawal of money.

Fans can not only send gifts but also send money as tips directly through TikTok. The processing of these transactions is handled by TikTok's third-party partner, the Stripe payment system.

Follow the on-screen instructions. If you don't have a Stripe account yet, you will be redirected to their website for signing up.

If you run your own business, then fate tells you to promote your brainchild on TikTok. Then you will get more customers an earn more money. Create an account specifically for your brand and don't forget to add a link to your website in the TikTok bio. 

If you don't have a website, then you can create it on Taplink. It has a big advantage over conventional sites.

Users scroll down the TikTok feed via their smartphones. And when they follow the link, they have to wait for the site to load. On the contrary, on Taplink, the pages load in no time.

Read this article to learn how to create websites yourself.

These are the Taplink pages you can make:

Now you know that you can earn money from TikTok. The level of income depends on your popularity on this social media platform. Advertise brands, shoot videos using songs to promote them. And if you have your own business, then work on the promotion of it. All these ways are good for making money. 

The bigger your follower count is, the more money you can make. Add your TikTok profile link to your Instagram bio to increase the numbers. 

If you are also interested in ways to make money on Instagram, then look for them in this article.

TikTok supports its creators and rewards the most successful ones financially. To do this, you need to apply for TikTok Creator Fund. But first, make sure that you meet the following conditions: