12 methods to monetise TikTok

Put an end to scrolling and begin making money.  Here's how to monetise your TikTok account.

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The days of TikTok being only a dance video app are long gone.  Almost every speciality, passion, and pastime is covered by the social networking app, which has over one billion monthly active users.
It's simple to become lost in the never-ending video collection and start browsing through it.  However, did you realise that TikTok may also be used to generate income?
Here are our best recommendations for TikTok account monetisation.
How many TikTok followers are required to get payment?
You must have 10,000 or more followers in order to be eligible for the TikTok Creator Fund.  But there are more ways to earn money on TikTok than this.  In any case, the TikTok Creator Fund doesn't pay much.  You may start making money without any followers, as we'll demonstrate below.
The fact that every video on TikTok has the potential to become viral, even if you have no followers, is one of the platform's many benefits.
A limited audience sees a video when it is uploaded to TikTok.  More people will see the video if they watch it and interact with it.  If you produce high-quality material, you may reach a large audience since the same thing keeps happening.
Since your videos will appear on their For You Page (FYP, TikTok's homepage), having followers is obviously beneficial.  However, your first video could go viral even if you have no followers.  Additionally, you may begin making money on TikTok as soon as you begin to accrue views.

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Ways to monetise TikTok
The following are the best methods for making money on TikTok:
1. Use TikTok to get sponsorships

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Particularly if you have a large and active TikTok following or a history of making viral videos, sponsored material may be a terrific source of income.
You might, for instance, make TikTok movies about a certain item or service and then upload them to your own profile.  In this manner, your audience is exposed to the brand you are collaborating with.  However, there are other ways to deal with TikTok sponsorships.
You may also allow businesses to utilise your material for TikTok commercials, since many lack the means to create films themselves.  This is known as creating user-generated content, or UGC.  However, you should be paid much more for this than if you were just publishing it on your own account since it grants them ownership of the information you produced.
Additionally, you might request exclusivity for even more money.  This basically implies that for a certain amount of time, you are unable to collaborate with rival brands or companies.  You might charge more if the brand demands exclusivity for a certain amount of time.
It takes a lot of effort and expertise to create content, so don't undervalue yourself!  Brands value this kind of labour highly, so make sure you are compensated appropriately.
2. Become a TikTok Creator Fund member
One in-platform source of income is the TikTok Creator Fund.  This fund was established by TikTok to incentivise users who produce high-quality content on their site.
Once approved, your payment will be based on how many views you get, how genuine those views are, and how engaged people are with your content.
You must fulfil the following requirements in order to be eligible to join the TikTok Creator Fund:
   ●  reside in the UK, USA, Italy, Spain, France, or Germany and be at least eighteen years old.
   ●  10,000 or more followers
   ●  During the last 30 days, your TikTok videos have received 100,000 views or more.
   ●  Observe the community standards and terms of service for the applications.

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For a million views, how much does TikTok pay you?
For every million views, TikTok usually pays $20 to $40 (about £16 to £32 in hindsight).  This isn't much, as you will likely agree.  Because of this, it's much more profitable to concentrate on other TikTok revenue streams and consider the TikTok Creator Fund a little perk.
The main money is earned elsewhere, but if you get the views, you may as well be paid for them.
3. Use TikTok Live to accept contributions

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You will be able to use the Live function on TikTok after you have 1,000 followers.  This allows you to live broadcast to your app followers, as the name implies.  You have complete control over what you do during the live broadcast; you may provide unique tips and techniques or conduct Q&A.
On TikTok Live, you may make money by asking viewers to donate.  With TikTok's integrated gift system, users may trade actual cash for virtual presents.  The one that is live broadcasting may then get these presents.
You must swap your presents for diamonds, which can then be redeemed for cash, in order to pay out.  Half of the value of coins is represented by diamonds; the other half is retained by TikTok.
4. Gather advice about TikTok
There are several methods to get tips from your followers on TikTok Live besides using the app's built-in mechanism for contributions.
In your TikTok bio, you may include links to other websites.  In addition to creating a PayPal contribution link, there are services such as Ko-Fi and Buy Me a Coffee that assist producers in gathering tips.
The fact that there are either no costs or very little is a huge plus.  You can be losing out on a significant amount of money since TikTok keeps 50% of any contributions made via TikTok Live.
However, your connections can go unnoticed since not many people look at TikTok profiles.  Gathering contributions is a little simpler with TikTok Live.

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5. Use TikTok affiliate marketing to get revenue
Affiliate marketing is a fantastic method to generate income on any social media network.
Affiliate marketing is the practice of endorsing another person's goods or services.  For instance, you may be paid if someone purchases a product using your unique link.
You will have access to hundreds of businesses to promote if you join affiliate networks such as Awin and impact.com.
Promoting a service or product that fits your speciality is, of course, the simplest.  You may thus include links to the books you review in your films if you are on BookTok (TikTok videos that are centred on books).
Compared to other social media platforms, TikTok makes it very simple to become viral, thus one video might generate a lot of sales.  For further information and advice, see our comprehensive guide to affiliate marketing.
Earning money from your website may also be achieved via affiliate marketing.
6. Use the TikTok Shop to sell goods.
In essence, TikTok Shop is a marketplace for goods on the social media app, which you may have previously seen.  With only a few clicks, you can get whatever you desire from a video that has a TikTok Shop link delivered to your home.  Very simple!
How, therefore, can this help creators?  You may get money if you discover items on TikTok Shop that you enjoy or believe your audience will appreciate.  You may join TikTok stores as an affiliate, just as in traditional affiliate marketing.
After that, you may include links to the items in your TikTok Lives and videos.  Additionally, viewers may easily place a purchase right there in your video since the TikTok Shop icon will be visible.  You will get a commission for each sale that is made as a result of your content.
Naturally, you may also add your items to TikTok Shop if you launch a company!  You must first be accepted in order to do so, so be sure to read all of the terms and conditions.
7. Promote your company or offerings

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TikTok may be your ideal marketing tool if you own your own company or provide freelancing services.
One viral video might generate thousands of sales since TikTok has a large user base and makes going viral very simple (in comparison to other social media platforms).  One of the greatest methods to earn more money on TikTok is via monetisation.
Keep tabs on current audio and video trends.  The CapCut software makes it simple to duplicate certain viral video trends.  Utilising templates directly from TikTok and uploading them to your account is made simple by their partnership with the platform.
8. Start working as a TikTok consultant
You might consider sharing your talent with the world when you've mastered the technique of establishing a TikTok account and creating viral videos.  Of course, at the proper price.
The likelihood of becoming viral on TikTok is far greater than on other platforms, as was shown in the previous statement.  Additionally, more individuals will notice a business's goods or service the more times they watch a video.
You may help businesses generate thousands of sales if you know how to produce high-quality content that has the potential to go viral.
In a similar vein, you may provide prospective TikTokers with coaching sessions.  You may assist aspiring influencers in their endeavours if you know how to develop an account and generate revenue on TikTok.  You may even provide suggestions on how to improve their present account and remark on it.

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9. Use TikTok Rewards to earn money
Using TikTok Rewards to recommend friends to the app is another option to be paid on TikTok.  Tapping on the wrapped gift symbol on your TikTok page will reveal your unique code.  Although the kind of prize varies sometimes, we have seen both cash and gift cards.
   ●  The following requirements must be fulfilled by the new users in order for you to be eligible for your reward:
   ●  They've never made an account on TikTok.
   ●  They are in the same nation as you and fulfil the age requirements (18+ in the UK). 

   ●  They have never downloaded the TikTok app on their smartphone before.
10. Use TikTok to sell your own goods.

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You may ultimately start making your own products as your fan base expands and you begin to get TikTok followers.
For instance, you may design merchandise using the emblem of your company or a slogan that often appears in your content.
You will need a loyal fan base to do this.  It may be especially effective if you have a multi-platform audience.
11. Launch a Patreon
On a different website called Patreon, artists may charge fans to become members in order to get them access to exclusive material.  To increase your revenue, it can be worthwhile to consider branching out to platforms like Patreon if you've been successful in building a fan following on TikTok.
You may post platform-exclusive material on Patreon, such as unique lessons, vlogs, or Q&As.
Remember that maintaining a Patreon page is a lot of additional effort, and you won't be able to post anything on your normal TikTok page (why would anybody pay more for it?).  However, you may make a significant amount of additional revenue with it if you have a devoted fan following!
12. Use YouTube to repurpose your TikToks
Even if TikTok isn't the primary source of revenue, why squander your original material on just one platform?  Short-form material may now be uploaded to YouTube thanks to the introduction of Shorts.
Additionally, if you are a member of the YouTube Partner Program, YouTube will compensate you according on the quantity of views you get, much to TikTok's Creators Fund.
Don't post the video you downloaded from your TikTok page, however; instead, upload the original.
Reuploading the original video to YouTube will improve its appearance since TikTok adds a watermark to your video once it is published.  Adding fresh music and captions can take a few more minutes, but the effort will be worthwhile.
Remember to post them on Instagram as well!  Instagram is a fantastic tool for expanding your following, despite the fact that it does not compensate you for views.

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