Tiktok has been the most used app of all time according to Google in 2021. As the ways to make money online are getting bigger and better by the day. How to monetize TikTok is a frequently asked question by my audience on my social media platforms.
If you did not know already, Tiktok has launched a $200 million fund to pay content creators through the app.
That is a huge opportunity for exposure you do not want to miss out on. In this article, I will show you ways how to monetize your TikTok account and take your cut from the $200 million.
What is Tiktok
Tiktok launched way back in 2016 and within just two years, the application has gained huge popularity and became the most downloaded app in the USA in 2018. It is one of the most popular social media apps on the planet.
This is because of how easy and convenient it is to use the app, allowing users to upload 15-second videos that they can share with the world and make money!
The app has created many popular trends and helped other social media platforms gain even more exposure. For instance, the millions of views on youtube videos that have TikTok content.
Trends include lip-syncing to an archive of popular songs, dancing, and collaborations allowing the users to duet with randoms by replying to their video.
Who would have ever thought this app would become a worldwide success within just two years?
TikTok used to be owned by musically and now it is one app. It started as a lip-syncing music video app but, now you could upload all kinds of videos and you’ll see all kinds of different videos.
How does the app work?
Before I tell you how to monetize TikTok. I’ll show you exactly how to get around the app, get the most benefit out of it, create videos for the first time, and finally learn how to monetize TikTok and get paid through TikTok’s creator fund.
After downloading the app, create an account and come up with the username you want people to know you by.
Once you are logged in, on the For You page you can instantly watch everybody’s video and engage with it. That simple!
The more time you spend on the app, the more you will tap into the algorithm so, it will start to show you videos that are related to stuff you have liked and engaged with.
This app is so convenient to the point that you could spend hours just scrolling through non-stop.
For that reason, there is a lot of online money to be made through various monetization methods.
Do not be the one getting entertained. Start entertaining.
To know how to monetize your TikTok page, start with picking the right niche, topics to talk about, and make sure you are familiar with your audience. Know how old your targeted audience is, what their interests are, and how you can entertain them.
Similar audience = similar interests. This is going to be helpful when you start playing ads on your videos.
As a creator Tiktok makes it incredibly easy to shoot edit and upload a video all within minutes.
There is a huge archive of music to chose from and there are different video effects you can add to your footage. With the right chosen hashtags, it is super easy to get views on the app.
It is much easier than starting a blog. to put it into perspective, in your first year of blogging you are not going to get more than 5000 views on your blog because it takes articles 8 months to reach their full potential on the Google search engine.
On TikTok, it is a matter of weeks before seeing the views and engagement increase exponentially.
How does TikTok monetize creator’s videos to a point where they can make a living from them?
How to monetize your tiktok vids
This is the first and easiest way to start getting paid for your content. After posting short videos for a while, you will start gaining followers and more engagement. Tiktok requires creators to have at least 1000 followers before going live on the app.
Your followers can donate coins to you and those coins turn into something that they call Dimond, and those diamonds can then be converted into money.
After getting 10,000 of those diamonds, you can cash out. 10,000 diamonds are around 50 US dollars. This money goes directly into your PayPal account.
You must be at least 18 years old, have 10,000 followers, and at least 100,000 videos in views in the last 30 days.
Create and sell
This is not a way to monetize your TikTok account. This wouldn’t be done through your personal account under your name and with your face but if you have an account where you post short videos on how to grow an online business or funny compilation videos.
You could build it up and sell it to another marketer. It is all about following the Tiktok algorithm to gain more exposure.
It is a very popular strategy on other platforms like Twitter and Instagram. People build up niche topic accounts and then simply sell them. You would be surprised how many people are looking to buy a popular account.
Print on demand
Another great method on how to monetize your TikTok account is selling T-shirts that you don’t have to create yourself, buy the inventory from China, or ship them yourself. Prin on demand has skyrocketed lately due to its easy designs and concept.
Printful allows you to upload a design onto their platform and then when somebody buys a design or a shirt from you. Printful will print it, ship it, and put the tracking label while you get paid without having to buy any of the upfronts inventory or pay any money for shipping.
Prinful shows you the profit margin you get from any product you are interested in.
If you check them out, they have so many types of merch which would do extremely well on TikTok.
Affiliate marketing is always an option for more money when it comes to increasing passive income sources. How You can sign up for affiliate programs and start to monetize your TikTok account is simple. It all comes down to the niche you are involved in.
You can start with CJ affiliates and search apply for programs to get approved. Once you are approved you get the links and start promoting the products within your videos. Clickbank is a great marketplace too and free to get started!
Clickbank has various products to choose from.
Affiliate products are a great way to monetize your Tiktok page. You get a commission for the time a customer clicks and buys a product you are promoting. Aim for high-ticket products.
You can attach your affiliate link to your TikTok or you can create another landing page or website that will lead them to the product.
Tiktok has a creator marketplace, and you can check it out and browse it here. This website is for brands to look for creators so that they can work with each other. Similar to promoting affiliate products but you are guaranteed to make more money working with a well-known brand. If you face any technical issues, they will resort to it right away.
In order for you to be part of the creator marketplace and for your profile to be on the page.
You need to receive a special invite from TikTok. It will show up in your notification. Creators get asked to participate usually when they have over 200,000 followers.
If you cannot reach that number of followers. You can still work with brand deals on your own by reaching out to them.
Start Now and you will work your way up in no time. TikTok is one of the easiest social media platforms to get plenty of views on!
Go viral on the app
The Tech world is more than just phones and computers so much of tech today is completely intangible. Purely software algorithms. You must know how the Tiktok algorithm work.
Most social media like Twitter, Instagram, and Youtube have different outlets for their algorithm to go. Such as the home tab, explore tab, suggested videos, and so on.
With TikTok, there is just one place and that is the For You page. The algorithm of TikTok forces you to watch a video as you are scrolling to the next. That is why it is so powerful.
Everything you do on the app comes down to the algorithm. Every video you see is completely and artificially fed to you by what they think you want to see.
Hashtags do not really make a difference when it comes to gaining more popularity on the app. What does make a difference is the famous sound you chose to play in the background.
The average likes for a TikTok with a famous sound are 237,100.
The average likes for a TikTok without a famous sound is 15,840.
When people see a problem and they think they can solve it, they are tuned in and want to watch the whole thing and see if they can do it.
Pick something that you are passionate about focus on that and grab the user’s attention in the first three seconds because if you do not somebody else will.
Why TiktTok ads
Tiktok is not only made to make you money as a creator but, to also drive huge traffic to your website or blog.
- It doesn’t get disabled easily.
- Very cheap for starting off.
- Very simple setup process.
TikTok ads are typically 10-15 seconds long, have voiceover, trending songs, and highlights of the product being used.
These were some ways on how to make money Through Tiktok and monetize your content all the way through.
Be sure to follow the algorithm so you can avoid any videos being taken down or account getting flagged.