TikTok is one of the fastest-growing video sharing platforms, contending with tech giants, YouTube, and Instagram. A lot of people leverage TikTok as a means of getting entertained, but only a few are aware of the fact that you can actually make money from your followers on TikTok. In this post, I’ll share the top 3 ways on how to make money on TikTok.
For those who do not know, TikTok is a platform for sharing short video clips, mostly funny or comedy-related content and the app lets you interact with other people’s posts as well as follow others. It is the largest short clip video sharing platform in the world today.
3. TikTok for Business
TikTok is currently running tests on its new platform dubbed TikTok for business, which will allow brands to market their products to a wide range of users. This feature will not only allow businesses to grow their brand and make more money, but it also offers an avenue for anyone to become a tomorrow marketing expert. The platform will be launched along with an eLearning Platform to help anyone get started.
Gaining the skills of a TikTok marketing expert will allow you the opportunity to work with brands and help them create and manage their campaigns on TikTok, similar to Facebook, Instagram, and Twitter marketing. I think there are plans to include in-stream ads so that users can monetize their accounts as well.
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2. Creators Square
TikTok has a platform that connects brands and startups to popular TikTokers (People with large following and engagement). How it works basically is that businesses will search for popular TikTok users and choose to work with any of them. TikTok will handle all the negotiations with the user and once an agreement is reached, the brand and the popular TikTok users will connect to hammer out the details of the advert.
The TikTok user then posts a video about the brand to his followers and gets paid to market their products. If you have a huge number of followers on your TikTok Account, then this will be a great fit for you to earn extra income from TikTok. Otherwise, focus on sharing content and growing your followers.
1. Market to your Audience
This is by far the best way to make money on TikTok. Think of it this way, once you have built trust amongst your fan base, they’ll pretty much be interested in whatever you sell across to them. Whether you have an E-commerce store or you have a digital course, whatever you have to sell.
The best place to market is among people that trust you. If you don’t have a course of an E-commerce store, don’t worry, there are other ways to monetize your audience. Affiliate marketing is one way of doing that.
Sign up on commission junction or Clickbank, whichever platform that best suits you. Then make a short review video and place your link on the description, so people interested can go directly to the product page and buy while you earn a commission from each sale.
If you run an online business, you can promote your brand to your audience, since you have built trust amongst your followers the conversion rate from a single promotion about your Brand will be relatively high. Because they’ll be interested in what you have to offer.
From the ongoing discussion, the number one proven way to make money on TikTok is to sell to your audience directly. There’s a lot to explore on TikTok and a lot of money to be made. So if you still haven’t joined yet I’d suggest you download and get started creating content. Although, you have to be a little bit ras and humorous to grow faster. But really, it’s something everyone can do. I believe everyone has that humorous nature hidden deep within (I think ????).