Many people already know how to make money on TikTok and some consider it a full time job. Here are the best strategies to earn money with the application.
Ways to make money on TikTok in 2021
- Grow Accounts and Sell Them - The first way people make money with Tik Tok is to grow the accounts and then sell them. This is becoming increasingly popular in the e-commerce or product space. Just like on Instagram, you will choose a niche and then you will go ahead and create fun content, ideally content that goes viral to attract that person who would be the ideal customer for your product.
- Donations - The second way people are making money with TikTok is to go live and collect donations from viewers (just like you can on other platforms like Twitch).
- Branded Merchandise - Once you've become an extremely popular TikTok star, you can create your own line of makeup products, like Easterling's Item Beauty.
- TikTok Consultant - If you're an expert on all things TikTok, many need your guidance. As this is still a relatively new social platform, people will pay to hire you as a consultant to help them create their strategy, build their brand, and grow their following.
Steps to make money with TikTok
Step 1: You must create a unique TikTok profile. Think about creating content that people will continually appreciate and like. Your motto when creating a TikTok account should be to increase as many followers as possible.
Step 2: You must choose the songs or concepts that are fashionable on the Internet. You can browse some popular social media platforms a bit to understand the mood of the audience.
Step 3: You can link your YouTube and Instagram account to TikTok. This will help you increase the audience reach for your TikTok videos. To add your YouTube channel, you need to navigate to the Profile tab on TikTok, tap Edit Profile, then tap the Add YouTube option.
Step 4: You need to make sure your video reaches a wide audience. If you can do this successfully, your views and engagement count will increase, increasing your organic search traffic.
Step 5: Similar to Twitter or Instagram, add related hashtags that you are posting to increase the visibility of your content.
Step 6: Once you get a good number of followers on your profile, brands can approach you to show their products in their video. Typically, brands offer influencers money to promote them.
Step 7: You can also ask celebrities or other influencers for your video. This will help you draw people's attention to your content.
How much money can you make on TikTok?
The statistics for the top-winning TikTok stars are staggering.
As is the case with celebrities and little volcanoes, most of the highest paid people on TikTok are young and hot. So, is all hope lost when you achieve senior status (25 and over) on the app? Of course not. In almost every category, smart people use short videos to make big money.