When TikTok was launched in 2017, it immediately gained international renown. With an estimated 755 million active users at the moment, it’s a simple method to reach a big audience. Individual users frequently ponder how they might generate revenue on TikTok, even if many businesses utilize it for promotion. Here are some easy methods to get started if you want to make money from your account.
Utilize Affiliate Marketing
If you want to make money on TikTok but don’t operate a company with products or services to sell, affiliate marketing could be your answer. With affiliate marketing programs, you can advertise goods sold at other companies. By directing shoppers to the companies’ websites using your affiliate marketing link, you receive a small percentage of any resulting sales.
While TikTok doesn’t have as many places available on posts for clickable links, it’s an avenue worth exploring. For example, you can place an affiliate link in your profile or in your video descriptions. However, with the latter option, users do have to copy and paste the links into a browser.
In some cases, TikTok accounts redirect users to other social media sites that have better link positioning. For example, you could send viewers to Facebook, Twitter, or Pinterest posts that offer more link options, allowing other TikTok users to click the link from your other social media posts.
Set Up a Shop on TikTok
Social media platforms are popular shopping tools, allowing users to explore products and services before making purchase decisions. One challenge is that many companies rely on directing users to another website to buy their offerings, a move that can potentially cause some shoppers to change their minds about a purchase.
Thankfully, TikTok introduced TikTok Shopping in 2021, a tool that enables companies to make sales straight from the app. You may assist people purchase your products by opening a shop on TikTok instead of sending them to another website. Social media shopping is predicted to reach $1.2 trillion by 2025, so if you have goods to offer, it could be worth looking into.
Accept Contributions or Gather Advice
Any TikTok followers who watch your broadcast have the option to donate. Generally speaking, you cannot go live until you have at least 1,000 followers. After you have that, you may exchange the coins that viewers give you throughout the stream for cash.
Please note that, in accordance with community norms, soliciting money or tips is prohibited. The trade must instead take place naturally, spontaneously, and without solicitation.
Find Sponsorships
Another popular option for monetizing your TikTok account is obtaining sponsorships. With these, companies or brands pay you to create posts that highlight their products or services. In some cases, you’re compensated a set amount. Other sponsorships may be at least partially sales-based, giving you a percentage of the revenue generated through a personalized link or when a specific code is entered during checkout.
Connecting with companies and brands isn’t necessarily challenging, but it is usually easier if your content targets a specific niche related to an audience they want to reach. Additionally, higher follower counts and high engagement are often necessary, though the exact numbers required do vary.
