There are a number of ways you can make money using TikTok, the video sharing social networking site, some of them random and some very sophisticated.
And you don’t have to dance, although they do highest paid TikToker do just that.
Tabitha Brown doesn’t dance (unless she’s at the gym) but she cooks vegan food while providing inspiration in the most soothing voice.
Your 4.5 million followers on TikTok (and more than 3 million on Instagram) can attest to that. Her net worth is over $ 2 million. TikTok (@iamtabithabrown) is part of their media strategy. Can you tell McCormick Spice Partnership?
You can be inspired by the big money makers, but you probably won’t start at the very top. This post describes what you need to do to build a fan base and how you can capitalize on your numbers by selling goods, attracting sponsors, providing advisory services, and more.
Businesses can pay anywhere from $ 200 to $ 20,000 for a branded video, and that depends a lot on how many followers the producer has. If you have more than 100,000 views per video, you can join The Creator Fund from TikTok and earn pennies per 1,000 views. It can add up, but you need the numbers.
How to start as a TikTok content creator
First, you need to download the app on your phone and create a TikTok account. Then, with your TikTok profile set, you can start producing, customizing, and sharing your videos.
Remember, you don’t need a million followers to make money from your videos. There are content creators who earn money from 10,000 followers.
Do you need more ideas for a side appearance? Check out our 31 simple ideas to make money online.
There are two types of TikTok accounts: the Pro account and the Standard TikTok account. The Pro account gives you access to analytics tools that give you insights into your videos and followers. For example, you can see the sources of your traffic, profile visits and views.
The normal TikTok account, on the other hand, does not have the analysis dashboard. You don’t have to worry though, as you can switch to an account of your choice within the app.
How to get followers and get TikTok famous
1. Focus on a niche
Before you start posting on TikTok, it is best to identify content that you are passionate about. For example, do you like fashion and design? Are you a graphic designer, photographer, or even an accountant? Maybe a comedian?
With so many people dancing and offering food and cooking tips, it might be better to find other topics. This will help you stand out from the crowd.
The best idea is to focus on a niche that your audience values. A content strategy is a great way to be consistent and create videos consistently. # 2 should be part of your strategy.
2. Consistently create high quality TikTok videos
Invest in high quality videos, which means you need great video editing skills. According to Jonathan Skogmo, CEO of Jukin media, UGC (User Generated Content) is best because it resonates with audiences and often attracts attention. Jukin Media works with amateur videographers to get their viral videos on advertising, film, TV and online platforms.
3. Use trending sounds
Your videos contain music that is randomly selected by TikTok. You can sit back and pick the general sounds, or choose “trending sounds” taken from a playlist of hot songs at the time the video was created. If you do, you may get “Banana” from Shaggy or “Cyber Sex” from Doja Cat.
Trending sounds are one way of getting your TikTok videos onto the user’s For You page, which means more organic viewers and followers. Also, if your content makes it to FYP, it means new TikTok users will see your content.
4. Use trendy hashtags
Just like trending sounds, trending hashtags bring your videos to FYP on TikTok. Plus, hashtags make your content more discoverable, says Skogmo. Influencer Marketing Hub regularly updates its list of trending Tiktok hashtags.
5. Share videos with other social media platforms
Another way to get followers is to share your videos on other platforms.
Skogmo says video owners should share and share their videos with audiences who are most likely to appreciate the content, such as Facebook groups, Reddit communities, and of course, your highest-following accounts.
6. “Duet” of other TikTok creators
When jumping onto a new social platform, the words used to describe actions and functions may be unknown. Like “Duet” on TikTok. Duet is when you film yourself alongside someone else’s video and either mimick what they’re doing or add your own flavors with a reaction. Here are some examples of Sing TikTok duets,
The goal is to produce an engaging video, but also to leverage the other person’s followers. Also, working with other TikTok influencers is a great way to draw attention to your TikTok profile.
7. Follow other TikTok users
Remember, it’s not just about you. Following other users on the app is also a great way to get new followers unless you are just following super famous people. Look for people like you who are just starting out or even with a few thousand followers.
Take some time each day to build your following by helping others build their own.
How many followers do you need to make money?
If you are a TikTok user, you are probably wondering how do people make money on this platform. TikTok is a video app that allows content creators to create short videos – and those 60-second videos can go viral in the blink of an eye.
If you’re lucky and this happens to you, hurray! However, followers and hits mean money and you have to work to get both.
How to make money on TikTok
With viral videos and TikTok creators gaining followers at a tremendous pace, the question arises, “How do I make money on TikTok?”
You can monetize your account at any point in time and with any number of followers, depending on the monetization strategy you choose. For example, you can make money by selling products to as many followers as you want.
1. Sell goods
Are you a TikTok user and have products to sell? One way to make money on TikTok is to sell your products. Tiktok has a feature that allows TikTok creators to add a link to their profiles. You can add a link to your ecommerce site and create content related to your products.
For example, you can show behind the scenes of your production or packaging of your products. For example, @goalkeeper uses TikTok to advertise their custom-made phone cases.
If you have a good amount of traffic in your store, you can make good sales.
2. Post sponsored content
Another way to generate income with TikTok is through influencer marketing. You can reach out to Marken, or in some cases, Marken can approach you to shoot a sponsored video.
That means they pay you to post a branded video. A good example was the top Tiktok influencer Victoria Bachelet when she shot a TikTok video promoting the self-tanners from b.tan rocks.
One way to start as a TikTok influencer is to hire an influencer agency. The influencer agencies connect TikTok content creators with brands and grant access to influencer campaigns.
You can also visit other TikTok influencers for tips on how to get sponsorship deals.
How Much Money Can You Make From Sponsored Posts on TikTok?
According to Influencer marketing, you can earn anywhere from $ 200 to $ 20,000 per branded content.
3. Offer advisory services
Are you a consultant or maybe a coach? Then you can use TikTok to offer your services. For example, if you use Instagram for business purposes or are a personal finance expert, use this social media platform to attract your customers.
That trainer Mike is an example of a professional TikTok consultant and social media coach using their profile to promote their coaching business.
4. Tiktok Ad Management Service
Like any other social media site, TikTok has a corporate ad manager. And often, running paid ads can be a tedious task for many companies looking to market on TikTok. So, if you’re an ad guru, you can help businesses manage campaigns successfully on TikTok.
You can learn more about TikTok for Business and post videos on how to manage ads to get more customers.
5. Earn gifts from TikTok livestreams
TikTok has virtual items in coins and gifts that you can use within the platform.
You can earn these digital gifts through TikTok live broadcasts. Live streams on TikTok are available when you have a personal moment with your followers. However, to go live you need 1,000 or more followers.
If you are on a live broadcast, your followers can reward you with gifts that you can exchange for “diamonds”. Your followers buy these virtual gifts with real money and can send them to their favorite creators during the live broadcast. You can cash out your diamonds through a PayPal account once you hit the minimum of $ 100
6. Manage top TikTok creators
As TikTok grew in popularity, many people, including well-known celebrities, joined the craze. However, some are newbies who made TikTok famous and amassed millions of followers overnight. And since they have a lot on their plate, some are ready to hire a manager to manage their TikTok account.
If you’re doing a great job of helping celebrities and top creators on TikTok keep up with the trends, you can run your business as a TikTok manager. This gig is like any other social media management job.
7. Join the TikTok Creator Fund
Do you have a minimum number of 100,000 TikTok followers? Then you can qualify for your account monetization Creator Fund and start making money – just like YouTubers make money from a YouTube channel. TikTok pays creators to appreciate them for creating content on the platform.
The TikTok Creator Fund allows you to earn per video view and that means if you have a significant number of followers and get a high number of viewers then your chance to make more money.
This strategy can be lucrative if you are making money on TikTok once you are a TikTok star. And that means you need to have quality content that can get at least a million views.
You can also use this strategy to make money alongside another source of income like influencer marketing.
How to Protect TikTok Videos
While creating video content and posting it on social media platforms can be a fun way to make money, it certainly comes with some challenges.
And one of them is copyright infringement. This means there is a risk of someone using your content without permission.
How do you handle the licensing of your videos?
Jukin Media’s Skogmo recommends working with a company to protect content and enter into licensing agreements with the right contacts as this area can be difficult to navigate.
“If you’re looking for a company to work with, make sure they claim copies of your videos on social platforms. This helps you retain ownership of your content and ensure that no one is using it without a license fee, ”says Skogmo.
Contributor Charity Jerop is a freelance writer focused on personal finance topics. Her work has been featured in The Penny Hoarder, Autonomous and Freelance FAQs.
This article originally appeared on www.thepennyhoarder.com