The short answer to the question is YES, but it’s not as simple as you might imagine. The primary aim of apps is to make money and sustain themselves, and TikTok is no exception. It’s important to know that TikTok does not pay you for using the app. Instead, the app offers you the platform and opportunities where you can earn money while staying entertained. This article will highlight 5 different ways to make money on TikTok.
Before getting into the details, you should fulfill a few criteria before you start earning using TikTok. They are-
● You must be over 18 years of age
● Have a minimum of 10k followers
● Have a minimum of 10k views in a month
● Strictly follow TikTok Community Rules and Guidelines.
If you don’t have that many followers, you can buy TikTok followers or purchase TikTok likes to get a head start. If you fulfill all the criteria, the following are some of the ways you can also start earning from TikTok-
1. PROMOTING BRANDS
Promoting brands can be a lucrative opportunity to make a pretty penny. You must have seen celebrities & # 39; faces on the cover of some products, billboards, social media, or television. They get paid handsomely for promoting brands. The bigger a superstar, the more extensive the fanbase is and, more the earnings. Similarly, if you plan on making it big on TikTok, first learn how to expand your fanbase and multiply the chances of earning more! Remember to put time and effort into your content to attract and engage more followers, or else they might not be there for long.
2. USING THE ADS PLATFORM
If you have a business and it’s not growing as fast as you wish, or if you want to test a new product in the market, sign up for the TikTok Ads platform. If you’re already familiar with Instagram or Facebook ads, you will figure it out. Even if you don’t know, don’t worry. There are plenty of tutorial videos on YouTube that will help you. TikTok not only has a vast number of users but also boasts a high engagement rate.
On top of that, being relatively new, it has fewer ads on display than others, making it more expensive to buy ads. However, one has to spend money to earn money. It’s as simple as that. Learn more about marketing services in TikTok to propel your business to the next level!
3. THROUGH DONATIONS
Yep! You read that right. TikTok also has a feature that allows you to go live and accept donations from your followers. You can start a charity or a crowdfunding project and invite your followers to be a part of a great cause. To use this feature, you first have to purchase virtual coins. One hundred coins cost about $ 1, and you can give them to people you follow when they go live. These coins can be converted into diamonds and further into cash using PayPal.
You can also promote products via live stream or make it more exciting by asking your followers to donate coins in exchange for you sharing some dance moves, sharing a story, a life hack, etc. You can monetize your live sessions in a thousand different ways, depending on your creativity!
4. SELLING YOUR SERVICES
The hardest thing to sell is yourself. You may be highly talented, knowledgeable, or skillful, but it will all go to waste if you don’t know how to market yourself. Build a reputation around honesty, hard work, and dependability. Such qualities will attract more opportunities and give you loyal followers.
Reach out and team up with other influencers that share your passion, expand the scope of your reach and sell yourself. Riding a wave won’t get you far! If you are a good dancer, get with the right crowd and influencers. That way, even if you don’t have millions of followers, you will have a quality audience, and it’s the
quality audience and engagement rate of your audience that brings in the money!
5. SELLING TIKTOK ACCOUNTS
For some reason, if you think that you’ve had enough of TikTok or can’t afford to invest time and energy or want to pursue another career, you can still sell your account and pocket some profit depending on the size of your followers. Some people grow TikTok accounts to sell them. If you don’t want to start from scratch, you can also buy new and used accounts from sites like Fameswap. It’s like buying followers and likes. Buying and selling TikTok accounts have become a booming business recently.
As you can see, it’s not hard to make money using TikTok. You can buy services to better equip yourself before starting. There are still many areas to explore and capitalize on. One thing that will determine if you’ll succeed is the quality of the content you put out. Keep your fans entertained and engaged, and watch the
money tree grow!