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How to make money on tiktok (2024)

 


Tiktok, a Chinese-based social media platform, has taken the world by surprise by becoming the world's most used social media platform overtaking Facebook and WhatsApp.

What many people still find puzzling to understand is how it managed to beat these social media giants within this short period.

The social media platform sees over 1 billion monthly viewers out of over 4.5 billion internet users worldwide, and it is still growing exponentially.

This growth can be attributed to the platform allowing anyone to go viral if only your content is unique that people love.

Can you make money on tiktok, or how do you make money on tiktok? 

In this article today, we will be discussing how to make money on tiktok so you can also start earning from the platform as soon as possible.

Without wasting any time, let us quickly go through some of the questions on many people's minds and their answers.

Can you make money on tiktok?

Yes, you can. Tiktok is one of the most accessible platforms to make money on, and some content creators make as much as $10,000 per month with their accounts.

How to make money on tiktok.

1. Choose a niche;

A niche can be defined as a specialized market segment for a specific type of goods or service.

Your niche can be based on Entertainment, Fitness, Food, Personal finance, or anything of interest to you.

You need a niche because it helps the tiktok algorithm know what your tiktok channel is to make it easier for your content to be sent to the right audience.

Focusing on one niche also makes it easier for brands in that niche who are interested in advertising to reach you, making it a bonus point for you to make money on tiktok without any effort.

2. Make money from donations;

Your followers can easily donate gifts to you, which can be converted into money when you go live.

But to go live on tiktok, you need at least 1,000 followers.

There are many ways to do this; you can earn gifts by answering questions from your followers when you go live, or you can still earn gifts by doing what you love to do.

It could be your regular life routine, playing video games, working at the office, driving in town, or just anything of interest to your followers.

3. Affiliate marketing

Affiliate marketing is one great way most content creators make their money with.

With affiliate marketing, all you need to do is promote a product or services of a third party, and you earn a commission when a purchase is made through your link, which you have displaced in your Bio.

Since tiktok only allows just one link in the Bio, you can outsmart the platform by using Linktree, a platform that accepts many links and puts them all under one umbrella. Anytime someone clicks on the link on your tiktok Bio, it takes them to linktree, where they can search for the exact link they are looking for.

4. Creator Fund

Tiktok has a fund purposely for paying its content creators, but this has a lot of requirements to be met first before you can start earning from it.

  • First of all, you need to be a US, UK, France, Germany, Spain, or Italy resident.

  • You must also be 18 years of age or above.

  • You must have 10,000 followers.

  • And last, you need at least 100,000 video views in the last 30 days.

Without meeting all these requirements, there is no way you can make money from the tiktok Creator Fund.

5. Dropshipping;

Dropshipping has been in the system for some time now, and many influencers have been riding on its wave to become wealthy.

But what is dropshipping all about?

In short, it is working as a middle man between the seller and the buyer. That is, you create your store on tiktok promoting a particular brand in your videos with your own manufactured price you want to sell it, so anytime anyone interested wants to buy and clicks on the link in your Bio to pay, you will receive the money where you will take your profits off before forwarding that order to the seller.

6. Become a tiktok manager

Since tiktok takes a lot of time and commitment, not everyone has that time to work on the platform and thats where you come in.

As a manager, your job is to create or look for video content in the niche of your employer to post.

You will also be in charge of working with brands interested in your channel for advertisement and also replying to questions coming in from the comment section.

Wrapping up, anyone can make money on tiktok, but it takes patience, commitment, and consistency to become successful.

I hope these tips help you with how to make money on tiktok.


Here are some frequently asked questions (FAQ) about tiktok.

How many views on tiktok to make money?

You will need at least 100,000 views within the last 30 days to start earning money on the tiktok creator fund.


How many followers on tiktok to make money?

You will need a minimum of 1,000 followers to start making money when you go live on tiktok through gifts from your followers.


How much can I make on tiktok?

This might depend on your country of location. Tiktok has a platform called creator fund, where creators from USA, France, Italy, UK, Germany, and Spain are paid directly by tiktok.

There are other means to earn on tiktok, but the average tiktok content creator earns from $200 to $2,000. 

How does tiktok make money?

Tiktok makes its money by advertising on the platform and in-app purchases of gifts.
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