How To Make Money on TikTok- Make Money Creating Online Content

Gone are the days where social media apps are purely just for social and teenagers. Today, they can be a marketing tool that businesses used, and guess what, a free platform you can monetize.

Last Updated: December 20, 2021

Last Updated: December 20, 2021

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Ever heard of the term “influencer marketing?”

Nowadays, social media is not just used for socialization. Well, they are purely built for that- to bridge the gap of communications and bring the world to your fingertips.

It’s the purpose of their existence; for socials, communication, and entertainment.

Essentially, to make our lives easier.

However, many people have discovered that you can build a career by posting viral videos or pictures and becoming the internet's instant star.

It sounds fun and exciting, right? But some may figure out how to make money overnight. Others learned it in a slow and steady battle.

For instance, take Instagram. What used to be an app for most teenagers has become a marketing tool where businesses drive revenue.

Luckily, they discovered that you could monetize content where huge followers mean more money. Plus, wider exposure and a solid online presence are a must.

That’s why we got the term Instagram for business, Facebook for business, and more.

And of course, we have today the TikTok. 

TikTok is the same as any social media app. It is known in China (where it also originated) as Douyin.

In TikTok, you can create any media online content with 15 mins duration. Think of it as a successor of Vine or Musical.ly

Moreover, TikTok was announced as the decade's 7th most downloaded mobile app. Today it has over 1 billion users with 1.5 billion downloads.

That’s huge! No wonder TikTok is an app that has been there for a while, but you can’t ignore it.

Hence, people want to capitalize on TikTok’s growth and figure out how to make money on TikTok.

So if you want to become an early adapter,  this article will cover all the legit ways on how to make money on TikTok.

Related: How Much Money Do Youtubers Make Per View- Earn Money With Youtube.

How do you get paid on TikTok? 

how to make money on TikTok

With the growing popularity of TikTok, no surprise that not only teenagers are using the app. 

There are marketers, business owners, influencers, millennials, Gen Zs, and a few baby boomers.

Hence, it is a great platform to earn money.

Here are eight legit ways on how to make money on TikTok.

Who knows, you might be the next internet viral star!

Related: How Do Bloggers Make Money? Blogging For Beginners 101.

1. TikTok Account Flipping

how to make money on TikTok
Bella Poarch is one of the most followed account in TikTok. With over 85 million followers, she rose to fame with her comedic skits on gaming and making cute funny faces.

Similar to website flipping, TikTok account flipping works the same. Plus, it is one way on how to make money on TikTok.

Essentially, you will create a TikTok account, grow it and earn an organic following, and sell it.

Furthermore, this practice is becoming more and more popular in the e-commerce space.

What most people do is gear the account towards a specific niche. Then create content that will likely go viral or reach its potential customer. That is the people who will be more likely to be the target market.

Moreover, you can make money on TikTok even without offering a physical product.

By growing the TikTok account and selling it, you must center it around a particular niche. Then you can reach out to brands in that industry and sell that TikTok profile. Plus, you can legitimately make money on TikTok this way.

The challenging part is growing the account. But, of course, if the account has a huge following, that is enough for brands to trust your account and thus give them access to those followers who might be interested in their products.

2. Sponsorships

addison rae snippet of tiktok account
Best known for her choreography video, Addison Rae is also one of the top most followed personality in the world of TikTok. It's been reported that she makes $5 million per year from TikTok. She has tons of brand sponsorships, even launched her own fragrance line. She is also popular in Youtube.

Another way on how to make money on TikTok is through branded content or sponsorships.

It is almost similar to Youtube sponsored videos or sponsored blog posts.

Usually, brand deals will reach out to you and ask you to promote their products or services in exchange for a fee or free product.

Many people earn money this way, especially those with a huge following.

If you’re a beginner, you can opt for organic search or use the power of hashtags to drive more followers to your profile.

3. Live Streaming

Aside from the two ways mentioned above on how to make money on TikTok, there’s also the live stream content.

Essentially, you are launching a product live on TikTok, or you can even hold auctions while live streaming.

Think of it like the video live streaming service, Twitch. 

Of course, don't forget to link in the bio. It is to drive your followers to your website or shop to purchase your product.

Ultimately, you can also collect donations from your viewers by going live.

So here’s how it works.

When you go live, your viewers can send you virtual coins as a way of saying gratitude or appreciation for the quality content you produced. Try to think of it more like a reward from your supporters or followers. It is advantageous if you have established a fan-based or is a crowd favorite.

Then as a creator, you can convert these coins into cash via Paypal. Please take note, though, that TikTok takes a commission out of the coin’s creators receive from their audience.

Nonetheless, cool, isn’t it?

4. TikTok Creator Fund

tiktok creator fund account
Source

If you want to learn how to make money on TikTok, incorporate to yourself that content is king.

Yes, it’s the age of digital content competition. The more organic, relatable, and relevant your content is, the more people will come and check you out.

Moreover, people can see right through you. Hence, authenticity comes in. So if you want to earn money doing what you love and turn your passion into a sustainable livelihood, put yourself out there and give birth to the best content you can share.

That is why TikTok created the TikTok Creator Fund. But, no, it's not a grant or ad revenue sharing program by TikTok.

It’s more like a reward or passive income TikTok users and creators received from TikTok itself from creating content. However, various factors can contribute to how much funds you can receive.

For instance, engagement, followers, number of views, and authenticity are factors TikTok checks to calculate funds. Aside from that, TikTok ensures that each creator adheres to their Community Guidelines and Terms of Service.

Criteria for TikTok Creator Fund

Furthermore, creators must meet specific criteria to be eligible for the Creator Fund.

  • Are based in the US, UK, France, Germany, Spain, or Italy.
  • Are at least 18 years old
  • Have at least 10,000 followers
  • You must also have at least 100,000 video views in the last 30 days
  • Lastly, have an account that fits TikTok Community Guidelines and terms of service.

However, to apply for TikTok Creator Fund, you must be under the TikTok pro account. Well, nothing comes for free, especially if it will offer additional insights and features.

Essentially, TikTok Pro is an extended version of the app where you can gain analytics and insights into your posted videos. For example, it helps you track the video's weekly or monthly performance and even your followers' interests, geographical, demographical, and other related data.

Therefore, if you love making quality content, there is no doubt that you can make money on TikTok.

5. TikTok Ads

how to make money on TikTok

Next way on how to make money on TikTok is through displayed advertisements.

Like Facebook and Google Ads, you can sign up for TikTok Ads. 

Essentially you will run a paid traffic or ads program through TikTok. That way, your brand or business can have a wider reach.

6. Sell products

woman selling clothes online

Of course, what other ways to make money on Tiktok? Sell your products!

TikTok is now becoming a marketing tool for most businesses to promote their products and services and engage with their target market.

With the app’s unique editing features, anyone can quickly produce business content ideas to drive traffic to their website and convert leads into customers.

The crucial part here is creating the best content. Plus, don’t forget to be creative in your work. 

For example, you can share content about making your products or what sets your brand apart from the competition.

Most Tiktok users and viewers enjoy the authenticity, and if they feel that you are making them part of your business, they will appreciate it for sure.

So be guided when posting business or marketing content. Remember to engage and know your audience. Plus, don't forget to listen to your customers and show them that you are not just after their wallets.

It is also where content planners and social media manager kicks in. See, there is a career out of social media!

7. Become a TikTok Consultant.

crop woman talking meeting

If you are a TikTok expert, why not offer consulting or management services? 

Especially if you understand how TikTok works share valuable tips on how to get a video a hundred thousand views, you can offer a TikTok (or any other social media) consulting service.

You probably won't believe this. But, it is an excellent opportunity since most business owners or those relatively new to TikTok are seeking ways to boost their sales or engagement to their customers.

Some want to be internet famous, so consulting might work for you if you can help them go viral and make strategies on how to make the most out of their TikTok (increase followers, video engagement, etc.).

But then, of course, one needs background and experience in this field. Therefore, you can upskill and be a self-starter, learn more about it.

8. Offer your services or skills.

how to make money on TikTok

Lastly, if you want to know how to make money on TikTok, you can offer your expertise.

It’s also like promoting yourself, your skills, and your expertise.

Only this time, you are the product. Plus, it is an opportunity for those wanting to become an influencer or a celebrity.

You might not believe it, but some people legitimately posted a bunch of whacky videos or just their typical Tuesday dancing day, and boom!

The next day they woke up becoming the internet’s rising star. Here comes multiple brand deals, sponsorships, tv shows, and more.

But for a more professional approach, yes, you can offer your services or skills through TikTok. Of course, don’t forget to link in your bio and leave your contact details so clients can contact you.

Read more: 9 High-Income Skills That Will Boost Your Financial Life.

How many views do you need to make money on TikTok?

To start making money off TikTok, you must create an account first. 

Next is to choose a niche to focus your videos and content around. Then you must have at least 100,000 views to start making money on TikTok.

However, if you join the TikTok Creator Fund, there are underlying factors plus criteria a content creator must meet.

One of them is, of course, the number of followers, engagement, frequency of posting video-related content, authenticity, and views.

Do people get paid on TikTok?

Yes, they do. Many content creators are switching to TikTok and jumping early to catch the hype and make the most out of it while it's booming.

Seriously, people do get paid, and for some, it just took them literally overnight and even built a career out of it. But then, some still struggle to comprehend how the app works and won’t believe that being a content creator is a job.

How much does TikTok pay per view?

Top creators reported receiving between two and four cents per 1,000 views. So creators with lots of views can make serious money.

Moreover, large accounts that achieve 100k or more views per video usually apply for sponsorships, paying 1–2 cents per view or $10-$20 per 1,000 views.

Therefore, an account that gets a million views per video can make up to $20,000 a video.

In addition. the most famous people can even get up to $100k a video.

Final thoughts

TikTok is one of the fastest-growing social media apps today. But, more significantly, it took the world by storm last year.

With TikTok’s increasing popularity, many people wonder if they can monetize the app. Moreover, how to make money on TikTok.

The short answer, yes.

Who would have thought you could turn your creativity into a real career? Besides, being a content creator is a legit job.

With Influencer marketing becoming the new norm, we can’t deny that numerous opportunities lie ahead of these social media apps.

Because influencers influence people to use a product or a service or purchase a new one, being an influencer pays off.

It’s just a matter of using it with the right intention. 

So how about you? Have you thought of creating a TikTok account or already have one and are now turning it into a money-making machine?

It’s the age of digital content! You might as well make money out of it. 

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