5 Successful Ways to Make Money with TikTok

Successful ways to make money with TikTok

Earning money with TikTok is possible if you have a large number of followers, you have become a star of this social network and you follow a suitable strategy.

TikTok is the social media that has been growing the most in recent years and focuses on the creation and publication of short videos with sound and musical effects. This has caused it to be all the rage especially among the youngest. 

If you are also a fan of this application, here I am going to explain the ways there are to generate income with TikTok and the steps you have to follow to monetize your audience. 

Probably you wanna read: What is TikTok and What is it for? The App That is Changing Digital Marketing

Earn coins with TikTok

TikTok is the only social network of the best known that allows users to send money directly to the people they follow

If you are over 14 years old and have more than 1,000 followers, you can make live videos to interact with your audience and there your followers have the option of sending you gifts that you can transform into money.

There are 8 default gift options ranging from 1 coin to 1,000. These coins can only be obtained by buying them with money through the application.

When a user, who has previously bought those coins, sends you gifts, they become diamonds that remain in your account and you can exchange them for real money to withdraw it through PayPal.

The price of the coins on TikTok and the value of the diamonds varies depending on the region and the currency used by the users and it must be taken into account that in those changes from coins to gifts and from gifts to diamonds the application is left with about 50%.

Although this is an easy mechanism to send money with TikTok, it is not so easy for your users to send you coins like crazy. For this, you have to have many followers who also value your work in this social network and who want to support you in this way. 

As soon as you have diamonds worth $ 100, you can withdraw that money to your account, with a maximum of $ 1,000 per week

How to get coins sent to you with TikTok

If you have many followers and a significant number of them follow your live streams, you can propose to follow them and promote their social media in exchange for coins.

Another option is to propose to them to do challenges if they pay you a certain number of coins. 

Work with brands

Here, as with other more established networks such as Instagram, you can work with brands that want to pay you for collaborations. 

Probably you wanna read: What is Influencer Marketing and How Can It Help You With Your Brand?

Get in touch with companies on your own 

You can search for companies and brands on your own, checking if they have a TikTok profile or their email to get in touch with them and make a collaboration proposal. If you are not an eminence in this social network surely they do not give you much account …

If you are starting, there is a brand that you like a lot and you think it may be attractive to your audience, you can promote it for free. Once you get them benefits, they will start to notice or you can even attract a competitor brand that does make you an offer. 

It is much easier to get advertisers when they can see the work you do and the benefits you can give them

Platforms that connect influencers with brands

I already told you about a few platforms where you can register and find advertisers who pay you to promote them, but most of these do not yet have the option to add the TikTok social network. 

But there are a couple of them that allow it, these are:

In these 3 platforms, there are no minimum requirements to register and there you can put both your TikTok account and the rest of the social networks to join the advertising campaigns that are coming out.

Affiliates

Another way of working with brands is with affiliates, that is, brands that give you a commission for each sale or customer you get

Custom discounts

There are many brands that offer personalized discount coupons to influencers and then give them a commission for each sale they have produced with that particular discount. 

Tracked links

But the main way that affiliate marketing works is with trackable links. That is, if a person clicks on the link that you provide and they end up buying that product, through cookies and similar technologies they know that they are on your side and you get the commission.

TikTok does not have the option to put links as for example Instagram does in its stories when you have more than 10,000 followers, but there is a solution so that you can earn money using these links and your TikTok account, keep reading!

How to find affiliate programs

To find affiliates you can search if the brand you are interested in already has an affiliate program (they usually specify it on their website at the bottom of their page) or you can also join platforms that offer affiliate programs.

In the next section I tell you how to take advantage of affiliate programs with TikTok and how to join them. 

Create a blog and invite your audience to visit it

As I was telling you, there are many platforms that offer hundreds of affiliate programs but many only work with blogs or web pages and not with social networks and also with TikTok you cannot publish links

Solution to all that. make a blog!

If you make a blog and have many followers you can direct them there and you can earn money with the sales you make with your affiliates and the visits you have

Think of an interesting theme for your blog

Now, yes, here you have to think of a good strategy.

With TikTok you keep attentive to your users doing dances and various nonsense, that’s what it is for, but to make a blog you must go further and think about doing something really interesting.

The ideal is to make it something that you like, fashionable, related to what you are studying, cooking …

There are many themes, cure it and already between dances and videos with voices of others, invite your followers to visit it.

Sell ​​merchandise and things you make

You can also create your own merchandising and sell it through your website or platforms that facilitate this.