TikTok is one of the latest social media app to burst onto the scene, it has already attracted more than 400 million users—and there are signs that it’s just getting started. With success like that, it’s no wonder that TikTok users are asking, How can I make money on TikTok? Here are five ways you can monetize your TikTok account, whether you’re an aspiring YouTuber or a social media influencer (or both!). These approaches aren’t quick and easy, but if you put in enough effort, they will pay off!
1) Become Popular On TikTok
You need a lot of followers (at least 1,000) before you can start making money from your videos, but once you reach that point it’s time to promote yourself. There are several ways to do so. To encourage people who don’t follow you to watch your videos, create an enticing profile and make use of hashtags relevant to your niche in your posts. You can also pay for promo codes through third party app stores like Hootsuite. These codes direct new followers toward your content and give them coupons in return for subscribing. Popular coupons will cost anywhere between $1-$3.
2) Build Your Followers
To earn money from Tik Tok, you need a solid base of followers who will watch and interact with your content anytime you upload. If you have fewer than 1,000 followers, you’ll get about $4 for every 1,000 views. The price goes down as your viewership increases, maxing out at about $3 per 1,000 views once you have 10 million followers. Creating videos can be easy or difficult depending on what type of content you put out. Be sure to use hashtags that are relevant to your video so that people can find it easily. Don’t forget to include tags in each video title too! And make sure you’re following all of Tik Tok’s guidelines . It’s also important that you respond quickly and frequently when people comment on your videos—people like interacting with others, so if they feel like they’re talking directly with a celebrity, they’ll be more likely to keep watching. Finally, make sure that you’re using all of Tik Tok’s features (for example: polls) because these increase engagement too!
3) Use Sponsored Lenses
If you want to become a micro-influencer and make money using TikTok, you’ll likely need some capital in order to pay for sponsored lenses. The good news is that a sponsored lens doesn’t have to cost much. To start, set your budget at $5 per lens—which will give you a little room for negotiation. Keep in mind that some influencers are charging as low as $10 per lens; however, if your content isn’t engaging enough, it might be difficult to secure new opportunities moving forward. If your videos do well with sponsored lenses, try raising your rate. You can also ask for free lenses or discounts based on performance. Just remember: You’re not just selling yourself here; you’re also selling your audience’s attention to brands. Be sure to put out quality content that brands would actually want to sponsor.
4) Use Sponsored Geofilters
Geofilters are special overlays that can be added to your tiktok story. You can pay extra money in order for these overlays to be visible, thus boosting your follower count. This is a great way of making money because it will advertise your business or brand and gives you an opportunity for others to check out what you’re about. The only downside is that people will have a very limited time window in which they can see what products you’re promoting, meaning it might not catch as much attention as other forms of marketing. Other than that, it is relatively cheap and easy way of gaining awareness from potential followers!
5) Sell Merchandise
Create a brand people love, and you’re probably going to have plenty of fans that want to wear your merchandise or display it in their home. Sites like Teespring make it easy for anyone—even those without graphic design experience or tech skills—to create custom merchandise and sell it online. It works by allowing users to upload their designs and/or choose from hundreds of templates. Once up, each product has its own URL, where potential customers can purchase them.
