You use TikTok every day, but do you know how to make money from it? It’s really a waste if you haven’t heard of these incredibly simple ways to generate income on TikTok. Let’s take a look and choose the right way to make money on TikTok for yourself, helping to increase your income!
How to enable earning money on TikTok
To be able to monetize TikTok, you need to enable this feature. Here are some requirements to be able to enable the earning money button on TikTok:
- Users must be at least 18 years old.
- Accounts that want to enable the earning money button must have over 10,000 followers to be eligible for earning money on TikTok.
- There must be over 10,000 video views in the last 30 days.
- Activate the “Pro account”.
- Use TikTok accounts from the United States, the United Kingdom, France, Germany, Spain, and Italy.
Top 6 ways to make money on TikTok
This is a method of making money on TikTok that many KOLs with a large number of followers choose nowadays. However, this money-making method can only be chosen by those who are truly famous and influential because not everyone is trusted by brands for advertising.
Making money on TikTok through product promotion involves creating and sharing attractive and engaging videos while cleverly incorporating the business’s products into them.
This means that if the way you present the product in the video is not smooth, natural, or the brand itself is not of good quality, you may decrease your fan base.
This method of making money on TikTok is synonymous with advertising, so it can generate a relatively high income. That’s why many people have become rich quickly with TikTok.
Furthermore, for companies that have a performance-based payment policy, the higher the company’s sales, the greater your income will be.
Affiliate Marketing, also known as affiliate advertising, is a form of advertising that is familiar to social media users and e-commerce websites.
Simply put, TikTokers use their posts and embed links to the company’s products in those posts to increase brand exposure.
When someone clicks on the product link, you earn a commission. This means that the more clicks you get, the higher your income will be.
Additionally, to make the promotion more reliable and visual, video reviews and product evaluations are attached with shopping links.
However, one thing to note is that you can only share links on your bio if your account is a business account.
Dropshipping is a popular business model nowadays. This method does not require you to store or stock inventory like traditional retailing.
To use Dropshipping as a way to monetize TikTok, you need to find reliable and quality sources for your products.
Once you have customers, you simply place orders with the suppliers and have them delivered directly to the customer’s address. This way, you can earn profits without the need to handle inventory.
Receiving Donations via Livestream
This method of making money on TikTok is becoming increasingly popular. When you livestream and viewers give you gifts or items, you can convert these items into money and withdraw it to your bank account.
Providing Services to Increase Follows, Views, and Video Engagement
To have an account with a large number of followers, views, and likes, besides creating high-quality videos, many TikTokers also use tricks to increase their followers.
This method of making money on TikTok requires you to have expertise in technology to be able to do it.
Freelancing as a Video Creator
Aside from being a social media platform for short and ultra-short videos, TikTok is also a way to monetize TikTok for creative individuals.
By freelancing as a Video Creator, you can have a steady stream of clients as the demand for creating videos to be posted on TikTok is increasing.
The income in this profession depends largely on the quality of the videos and whether they achieve a high number of views or not.
Conclusion: 6 ways to make money on TikTok hottest right now
These are some of the most popular ways to make money on TikTok and the specific steps to guide you in earning money on TikTok. I hope this knowledge is useful and helps you successfully apply these methods!