TikTok is one of the fastest-growing social media platforms in the virtual space, and there’s so much money to be made on this platform. Popular TikTok users people all over the globe are making an insane amount of cash, and you can, too— there are various ways to do it.
If you are wondering how you can make money on TikTok, you are not alone. Just about everyone is asking the same question. However, money-making on TikTok is just as bankable as it is mysterious.
Through TikTok’s Creator Fund, TikTokers with more than 100,000 followers make about $200 to $1,000 every month, while those with more than a million followers earn more or less $1,000 to $5,000 every single post. Top-tier TikTok content creators, on the other hand, make over $100,000 to $250,00 every year per single post when collaborating with big-name brands.
Disclaimer: This tutorial is for educational purposes only. Everything that’s written has been proven to work for others, but there’s no guarantee that you’ll receive the same results. Read at your own risk.
In this article, you will learn five ways how you can make money on TikTok as a beginner this 2022. Let’s get the ball rolling!
Disclaimer: This tutorial is for educational purposes only. Everything that’s written has been proven to work for others, but there’s no guarantee that you’ll receive the same results. Read at your own risk.
Affiliate Marketing
Affiliate marketing concerns promoting and selling another company’s products or services for a commission, allowing affiliates to have an opportunity to earn money online without having to go through the complexities of creating a product, making an inventory, and setting up a full-scale retailer.
In the affiliate marketing business model, TikTok content creators who have signed up for an affiliate program would encourage their viewers, readers, or contacts to purchase the products. They gain commissions every time someone purchases through their hop links.
Affiliate marketing on TikTok works as much as it does on other social media platforms. It is merely a selling outlet of choice for the affiliate marketer.
One of the venues where you can find products to sell on TikTok is ClickBank.
ClickBank is famous as one of the grand ladies of affiliate marketing networks. You can earn money with this global e-commerce platform and affiliate marketplace even without working like a frazzled cubicle slave.
There are all sorts of categories that you can go into depending on the type of TikTok you have. Everything that you’ll need to promote the products listed on the platform will be provided by the affiliate network you’ll be joining— that is if you’re lucky to find one that gives out resources.
Promoting a product from ClickBank is very easy. All you have to do is to click the word “Promote” beside the product and then create a hop link, which you can use to promote your product on TikTok.
Go Live
One of the primary features of TikTok is the power to go live, allowing you to connect in real time with your audiences and build a connection with them. Live streaming has become a $184.27 billion industry by 2027, so there’s never been a more suitable time to begin using it for your business.
This approach to making money with TikTok is very simple. Nevertheless,
certain requirements should be met before going live on TikTok. The platform requires users to be at least 18 years old to send and receive gifts (which can later be converted into cash) during a live stream.
Another condition is that you should have no less than 1,000 followers to ensure that only quality content gets streamed. You’re good to go if you can satisfy both of these two primary requirements.
During your live streaming on the platform, you can make money by converting TikTok, a currency called “diamonds,” into real cash. From then on, you can transfer the amount to your PayPal account or bank account. However, you would need at least 2,000 diamonds ($10) before asking TikTok to pay you rewards.
Print-on-Demand
Print-on-demand products can be a big hassle, especially because finding the right platform and audience takes a lot of analysis. TikTok is a good option because of the visibility it offers, though.
You can promote print-on-demand products on TikTok by producing short videos where your followers and viewers can view what your merch will look exactly like in person.
One of the most common and easy ways to sell print-on-demand on TikTok is by linking your Instagram, Facebook, and other social media accounts to your profile while mentioning their locations on your videos. This strategy enables followers to find your products without having to scroll down to find age-old videos.
TeeSpring is a print-on-demand social commerce platform that authorizes individuals to create and sell customized products. Through TeeSpring, you can get your own t-shirts produced and sold without having to create your own inventory.
If you have no idea to design shirts, you have an option to get a freelancer on talent marketplaces like Fiverr, Upwork, etc. Sell the customized products on your TikTok account, collect the payment, and TeeSpring will be the one to ship the product out in your stead.
Promote Your Own Courses
Another good way to make money on TikTok is by producing your own course. You can use the open online course provider website called Udemy to create one.
If you possess a skill that you’re so confident in the extent that you think it could greatly help other people win in life, go ahead and put effort into creating a video course.
For instance, you are interested in the health and fitness niche, focusing on weight loss. After that, what you have to do is to go to Udemy and put up your course on the website. Once you’re done, the next step is to create a brief, compelling video, which you will post on TikTok to promote your course product.
