Steps to Start Earning Money From TikTok with Updated Methods
TikTok is a famous app that allows users to create short videos and upload them for free. It has become a massive platform for people to showcase their talents and creativity. Did you know you can also Earn Money using Tiktok Social Media?
Top 8 Ways to Start Earning Money using TikTok:
1. Join the TikTok Creator Fund
TikTok Creator Fund is a Monetization program by Tiktok Creators to Monetize their content Just Like Youtube. To earn money through the Creator Fund, you need to follow these steps:
Meet the eligibility criteria: To be eligible for the Creator Fund, your Tiktok Account has at least 100,000 followers, Your age must be 18 years or older, You Must meet TikTok’s community guidelines, and consistently post original content on your account.
Apply for the Creator Fund: Once you meet the eligibility criteria, the Next Step is you need to apply for the Creator Fund through the TikTok app. Simply by following these steps:
- Go to your Profile
- Click on the Three Dots in the Top Right Corner
- Select “Creator Fund“
- Click on “Join the Creator Fund“
- Follow the On-Screen Instructions
Post-Engaging Content: Upload Content Consistently that meets TikTok’s standards to get good Post-Engagment. Earning depends on various factors such as the number of views, engagement rate, and advertiser demand.
Monitor your Earnings: Tiktok has created a dedicated TikTok Creator Fund dashboard, which shows estimated earnings, views, and engagement rates of uploaded content. TikTok pays content creators monthly, and you can withdraw your earnings through various payment methods, such as PayPal or direct deposit.
Follow the Creator Fund rules: Last and Most Important to remain eligible for the Creator Fund, Simply follow the Creator Funds program’s rules, such as
- Avoid Posting Copyrighted Content
- Avoiding Inappropriate or Offensive Content
- Complying with TikTok’s Community Guidelines
2. Sell Merch to your Fans
Another Profitable way to Earn Money with Tiktok is By Selling Merch to Your Fans/Followers. TikTok has built-in shopping features or Links to an external website. Here are the steps to sell merchandise on TikTok:
Set Up a Store: First and most Important Step Before Starting to sell merchandise on TikTok is to set up a store on e-commerce platforms such as
- Printful
- Teespring
- Redbubble
- Society6
- Zazzle
- Custom Ink
- Spreadshirt
- Teepublic
- Designhill
- Vistaprint
- CafePress
- Threadless
- Bonfire
- Printify
- Gooten
- Shopify
Create Custom Designs for your Merchandise, such as
- Clothing: T-shirts, Hoodies, Sweatshirts, hats, socks, Robes, Sleepwear, Underwear, Scarves, Beanies, Sports jerseys, Activewear, Swimwear, Skirts Dresses, Leggings, Shorts, Pants, Jackets, Tank tops, and other types of apparel.
- Accessories: Phone cases, Jewelry, Watches, Sunglasses, Bags, and Other Accessories.
- Home decor: Art prints, Posters, Wall Tapestries, Throw Pillows, Blankets, and other home decor items.
- Stationery: Notebooks, Planners, Stickers, Pens, Pencils, and other Stationery Items.
- Digital products: E-books, Online Courses, Music Downloads, and other digital products.
Create Engaging Content: Create Engaging Content that Showcases your Products and Encourages Viewers to make a Purchase. You can also TikTok’s Video Editing Features to Create Short and Snappy Videos that Highlight your Merchandise.
Use TikTok’s shopping features: TikTok has launched a shopping feature that allows users to purchase products directly within the app. This feature is only available to TikTok For Business accounts. To avail shopping feature, follow these steps:
- Convert Personal Account to Business
- Set up a Product Catalog
- Tag your Products in your Videos
- Enable the Shopping feature on the Account
Add a link to your store: Add your store Link in your TikTok Account Bio or Video captions. You can also use these captions in TikTok Videos “Link in Bio” to Direct Viewers to your Store.
Promote your merchandise: To increase sales promote your products through collaborations with other creators or paid advertising. Offer Discounts or Special Promotions to your followers.
3. Create In-Feed Ads with the TikTok Ads Manager
Tiktok ads are unique, Mostly People don’t know to Set up a TikTok Ads account. You can create and manage ad campaigns for them. There are a lot of freelance places where you can Charge for your services Or Simple Start creating content on the benefits of Tiktok Ads and Offer your service. Build Portofilio on Tiktok Account by posting results of Tiktok Ads Stats to Engage more audience for your service.
4. Crowdfund Projects by Collecting Donations from Fans
To Crowdfund Projects you will need to First Set up a crowdfunding platform such as Kickstarter, GoFundMe, or Patreon. You can promote your Project campaign by creating content on a specific topic. Explain in Detail its purpose and the benefits of donating to the project. Also Share updates, the Progress of the project, and how the donations are being used. Engage with your followers to Encourage them to donate in your Project and offer free shoutouts to make them feel special.
5. Live Streaming and Collect Tiktok Coin / Gifts
In order to live stream on TikTok, you need to meet the requirements.
- Your Age must be at least 18 years old
- a verified TikTok account
- at least 1,000 followers
To enable live streaming, Simply go to your profile and click on the “+” Plus sign to create a new video. Swipe left and select the “Live” option. During your live stream, viewers can send you virtual gifts in the form of TikTok Coins. TikTok allows users to cash out their coins via PayPal (Minimum withdraw 100$)
6. Hashtag Contest
There are a few Ways to Earn Money through Tiktok Hashtag Contest:
Sponsorship deals: If you have a large following on Your TikTok Account, Then this way is super simple and Easy to Make thousands of dollars. you simply have to Approach Brands and Offer to run a hashtag contest for them as a Service. Charge them a fee for your services, and ask the brand to provide prizes for the contest winners. This Service will make your followers and visibility rocket sky. Because Brand followers and other audiences will start following you and in the end will result in viral content.
Affiliate marketing: If you don’t want to approach brands and Earn by Sitting on a Coach in your House then this method is for you. Use a hashtag contest to promote Affiliate products or Services, But this time you are earning a commission on sales too. Also, don’t forget to add your affiliate to the bio of your account. T
Top 10 Affiliate Programs to Choose from
- Amazon Associates
- Clickbank
- ShareASale
- Commission Junction (CJ)
- eBay Partner Network
- Rakuten Marketing
- Awin
- Partnerize
- FlexOffers
- Impact Radius
Ad revenue:ย Let’s suppose you have monetized (Creator Fund program) TikTok account. Then Consider Running Hashtag Contest. Because If your hashtag contest goes viral, you may be able to Earn More Money from ad revenue. TikTok pays creators on basis of viewership, More viewership means More Money.
7. Sponsorship
Earning money through sponsorships on TikTok can be a very profitable way to monetize your content if you have a huge following on your Titkok Account. I Order to attract sponsors. Try to Research the brands that are related to your niche and style. Reach out to them directly or connect with agencies because they are already connected with brands. They will help you connect with them.
8. Become a TikTok Consultant
If you’re an expert in using TikTok for marketing or growth, you can offer your services as a consultant to help others achieve success on the platform.