Wondering how to make money on TikTok? You’re not alone. Just about everyone born before 2000 is asking the same question.
However, making money on TikTok is just as lucrative as it is mysterious.
TikTok creators with over 100,000 followers tend to earn $200 to $1,000 per month through TikTok’s Creator Fund. Those boasting over a million followers pocket $1,000 to $5,000 (or more) monthly. Some individuals make upwards of $100,000 to $250,000 per single post when collaborating with big-name brands (yes, you read that correctly—a single post).
However, since TikTok introduced its new Creativity Program Beta in early 2023, creators have found the program to be more lucrative. TikTok claims creators can make up to 10x more, mainly because the new program incentivizes creators to make videos longer than one minute.
So, how do people make money on TikTok? Well, through a few ways—let’s cover 16 of them.
Sell Products Through TikTok Shopping
Empower businesses to sell products directly on TikTok through the Shopping feature introduced in 2021.
Drive Sales with TikTok Ads
Utilize TikTok ads to direct traffic back to your website or e-commerce store. how to start an e-commerce store
Participate in Affiliate Programs
Earn a percentage from sales when directing users to other products through affiliate links.
Get paid to feature songs in your videos and help musicians promote their music.
Join TikTok’s Creativity Program Beta
Get paid for creating engaging content and contributing to TikTok’s mission.
Publish Sponsored Posts
Feature brands’ products and services for monetary compensation.
Become a Brand Ambassador
Collaborate with brands in a long-term capacity for compensation and product endorsements.
Start a Patreon
Offer premium content on Patreon to followers supporting your TikTok account.
Find New Clients
Use TikTok to promote your freelancing or consulting business.
Build and Sell TikTok Accounts
Create and sell TikTok accounts to businesses or creators seeking established followings.
Work with Influencers and Creators
Collaborate with other creators to promote your account or products.
Receive Donations Through Live Gifting
Host live streams and receive coin donations from followers.
Raise Money Through Crowdfunding
Launch crowdfunding campaigns related to your TikTok content.
Request tips from your audience using platforms like Venmo or Buy Me a Coffee.
Consult for a Brand
Offer TikTok expertise to businesses aiming to market on the platform.
Invest in TikTok Spark Ads
Use native ad formats to advertise using organic TikTok posts. It will cost a lots money
TikTok offers immense potential for brand growth and revenue generation. Don’t miss out on the chance to amplify your business with TikTok ads. Ready to explore further? Join our free masterclass led by Gerardo Perez, founder of “Marketing&,” a TikTok digital agency. Learn to create high-converting ads and capitalize on TikTok’s incredible potential.
The possibilities are limitless!