TikTok is a very popular social media app. It’s one of the most downloaded apps in the world. Since it has become so popular, people have been trying to figure out how to make money on the platform. How do you make money on the platform? This article will outline the best ways to earn money using TikTok.
Viewership and engagement are key in making profits from social media platforms, with TikTok holding no exception. This is why you should be focusing on creating quality content that provides great value rather than just pushing up a bunch of likes every day.
In this article, we will learn how to make money on TikTok – these are the best ways to make money from TikTok.
8 Ways to Make Money from TikTok
There are several ways that you can make money from TikTok. Just keep reading to know some of the possible ways to earn money on TikTok.
Sell physical products on the app
There are thousands of people selling physical products on TikTok and with the millions of people using it, the competition is not as fierce as on other social network sites.
You can be a part of this by selling any items that you want. If you have bought a lot of items wholesale, this will be a great way for you to sell them for more than you have invested in them (you can even make a decent profit just by buying wholesale).
Make money with referral links
If you use TikTok, then you can also earn money by using any other site that is paid for by referrals. If a visitor buys anything from your site and you get a share of the sale, then you will be able to make money just by driving traffic to your URL.
This is how it works: they will have an affiliate link to your site on one of their posts. If anyone clicks on that link and buys something, you will get a share of the sale. If they are making lots of sales, then they can make a lot of money by driving traffic to your site.
Sell digital products through the app
You can also sell digital products on TikTok. The great thing about this is that you can make a lot of money from digital products and it is easy to set up the whole process. You can also easily upload videos and rack up a lot of views. Digital products are nice because they are simple to make and there are lots of people out there that want your product even if it costs just $5!
Crowdfund on the TikTok app
You can do crowdfunding on the TikTok app. This is a great way for you to raise money for your project. People around the world can contribute small amounts of money every day until you have reached your goal. Once you reach your funding goal, then you will be able to produce your product and sell it! Crowdfunding is a brand new way to make money by selling products on TikTok.
Promote branded posts on TikTok to make money
You can earn from creating sponsored posts for brands on TikTok. This is just like promoting products on your e-commerce site and sharing affiliate links from other affiliate programs (or from YouTube). You can make a lot of money this way with barely any effort at all.
The only problem is that you need to find nice products to promote. This can be hard sometimes and you will get paid less than creating your own product, but there are lots of brands that are looking for people to promote their products on social media and TikTok is a great way to do it.
Make money through affiliate programs
Affiliate marketing is one of the most popular ways to make money on TikTok. You just need to use your social media platform and promote other people’s products. If someone buys the product that you promoted then you get a % of the commission as your income.
There are tons of affiliate programs that you can sign up for (actually, there are thousands, so it may be hard to find good ones). The best thing about affiliate marketing is that once you have an account with
an affiliate program, it will be very easy for you to make money on TikTok. All you need to do is post links in every video so that people can click on the links and buy from them.
Make money through your own eCommerce shop
Another great way to make money on TikTok is by opening your own eCommerce shops. For example, you can sell fragrances and beauty products, shoes and accessories, clothes, health & fitness related items, gadgets, etc.
Basically, anything you like. You will have price controls for every item as well as a fully functional online store. If people want to buy something that you shared in the video on TikTok then they will use the link provided in your post to place an order.
The best thing about this is that you can decide how each item in your store will be priced. This ability to set prices gives you a lot of control over how much money you want to make.
Participate in paid partnerships
People who have the TikTok App on their smartphones can earn money from paid partnerships. For example, if you have a TikTok account, you can make money by creating sponsored videos for brands. You will become a member of the partnership’s Fanclub and your job is to share the brand’s posts with your followers. If you do this well, then your account should accumulate some money from brand sponsorships.
You can also choose one of many opportunities like making money through e-commerce shops (selling merchandise through TikTok stores), getting paid for performing or helping others promote content (co-branded campaigns), and other forms of advertisers using your content on TikTok (monetize).