Do you wonder how you can make money on Tiktok? Then you are in the right place. Nowadays, social media has turned to be the leading source of income than ever. Tiktok has also been used like other platforms such as Instagram or YouTube. However, let’s know what Tiktok is; it is a Chinese mobile app that allows users to create and upload videos of 3 to 60 seconds. Tiktok was first used to share comedy videos which have now been used to make money.
In this article, we will understand how Tiktok works and how you can make money from the app.
1. Sell your products or services to your followers.
Tiktok is mainly composed of teenagers. Let’s take advantage of the fact that most of them are always online. What if you come up with simple products that are not too expensive and sell them to your following? May it be your creative art designs, phone covers, or even watches and chains. To start, you only need several following where you can sell. This is an opportunity brought to us by this platform that we should take advantage of. If you are struggling with fewer followers, you can extend the business to other platforms like Facebook and Instagram. Nevertheless, to promote your services, like and comment videos created by others to get noticed.
2. Sell other people’s products.
Many youths have made good money with affiliate marketing. What if we extend this to our platforms? Let’s say you create your Tiktok videos by showing recipes for cooking. You can promote companies that sell food-related products like Bake Flour Company. By recommending the company's food product to your followers, the company's sales will increase, and they will pay you.
3. Become a Tiktok influencer.
Just like other platforms, Tiktok pays good money if you become an influencer. Becoming popular on Tiktok is by far easier than on other platforms where you must have worked extra hard. Companies can pay you to become their ambassador or endorse their products and services.
4. Earn from Amazon and Jumia referral links.
Companies like Amazon and Jumia have an affiliate program where they pay people whose referral links are clicked by customers to purchase their products or services. The latest version of Tiktok allows users to place links on the bio page. Some people earn a lot of money from referral commissions while just creating Tiktok videos.
5. Earn Gifts from Going Live on Tiktok.
Going live on Tiktok can earn you gifts and coins that can be converted to real cash. With at least 1,000 followers on Tiktok, you can do a live stream video f=directly from the app. As the host is live, his or her followers can send in virtual gifts, diamonds, or coins that the creator can easily convert into cash.
But in order for the followers to send the gifts, they must first buy coins using various payment methods like credit/debit cards. Once the virtual gifts get to the creator, they can be redeemed using a verified PayPal account for real money.
These are the top 5 ways to make money on Tiktok as a creator. If you know any other great ways, please leave us a comment below.
Cheers.
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