How to Make Money on TikTok in 2022

Have you ever thought about getting paid big bucks by spending the whole day on your phone? If we were living 10 years back, we might not believe in it. But it’s actually happening in 2022. Today, we will talk about how you can get paid using Tiktok.

Everyone can find something on TikTok, from amusing animal videos and popular music to viral dances and inventive visual effects. Similar to how people use YouTube & Instagram, TikTok is utilized by users to make money and establish careers as influencers. But how do you get started?

In this article, we’ll discuss how you can make money on TikTok to start earning an income from your phone. So let’s dive into it.



About Tiktok

With over 1 billion active users as of January 2022, TikTok is the sixth most popular global social media site and the fastest-growing social media platform. It has a sizable global market share in the social media market. TikTok has been described as a “social media powerhouse” by Forbes and a “social discovery engine” by The Guardian. The app is most commonly used to share videos of daily live performances and follow friends, but it also enables users to share images, audio recordings, or even text posts.

With such a vast and growing user base, it’s no surprise that businesses are clamoring to get a piece of the TikTok pie. Businesses use TikTok to create short, attention-grabbing videos showing off their products or services.


Eligibility Criteria to Earn Money on TikTok

If you have planned to earn money on Tiktok, then join the TikTok Creator Fund. But there are some eligibility criteria for you to join.

  1. You must be at least 18 years of age.
  2. The US, UK, France, Germany, Spain, or Italy must be your primary residence.
  3. A minimum of 10,000 people must follow you.
  4. 100,000 video views over the last 30 days are required for your videos.
  5. Your account should be in good standing and not have any strikes.
  6. Your account must follow the terms of service and community guidelines for TikTok.

Here is everything you need to know about the TikTok creator fund.


Earning Money on Tiktok

There are numerous ways that you can make money from TikTok, even if you don’t have a large following. Many app users have already found financial success through creativity and utilizing the app in various ways.

While TikTok may be new to many people, the strategies for making money off of it are similar to those used for other social media platforms, such as Instagram and Youtube.

How much you earn from TikTok will depend on the methods you use to monetize your account.


10 Ways to Earn Money on Tiktok

Here are the 10 proven ways to earn money on Tiktok;

1-Become a TikTok Influencer

If you have a significant following on TikTok, you can make money by partnering with brands and becoming an influencer. Brands will pay you bucks for promoting their products or services on your account.

To be an influencer on TikTok, you need significant followers and engagement. The more engaged your followers are, the more valuable you are to brands.

2-Sell Merchandise

Another profitable way to make money on TikTok is by selling merchandise. You can create your own designs on other platforms like Redbubble and Zazzle and sell them on TikTok. The best part about selling merchandise on TikTok is that people are willing to spend money on it! On TikTok, they can buy fan merch like hats, T-shirts, and phone cases. You can set your own prices for your merchandise, and you don’t need to worry about shipping or returns because the platform takes care of all that for you.

If you have a vast following on TikTok, you can use that to promote your merchandise and drive sales.

3-Be a TikTok Consultant

If you’re experienced with TikTok and know how to grow an audience, you can offer your services as a consultant. Businesses will pay you for advice on how to use TikTok for marketing purposes.

4-Create Sponsored Videos

Similar to becoming an influencer, you can make money by creating sponsored videos for brands. This involves creating a video promoting a product or service while incorporating the brand’s message.

This can be done in various ways, such as the sponsored video being a spoof of the original brand’s commercial, or the sponsored video is a new version of an existing brand commercial. In either case, your video would need to include elements that are familiar with the product or service and its target audience. You don’t need to create videos for every brand that approaches you, but as a rule of thumb, video ads that are shorter will have a higher success rate than longer videos.

5-Participate in Brand Challenges

Many brands run challenges on TikTok to promote their products or services. You can participate in these challenges and earn money if you win or are a runner-up. .Tiktok provides a range of revenue opportunities for brands.

The platform often collaborates with advertisers to create branded content and brand challenges that allow users to earn real money. For example, the brand Hershey created a challenge that gave away $40,000 in prizes to its followers. Other brands like Nike and YouTube have also used TikTok as a promotional tool.

6-Teach Others How to Use TikTok

If you’re experienced with TikTok and have grown a large following, you can make money by teaching others how to use the app. This can be done through online courses, ebooks, or even one-on-one coaching sessions.

7-Sell Your Videos

If you have high-quality videos that are popular on TikTok, you can make money by selling them. There are a number of platforms that allow you to sell your videos, such as Splice and Pond5.



8-Manage TikTok Accounts as a Virtual Assistant

You can also make money by managing TikTok accounts for businesses. This involves creating and posting content, engaging with followers, and growing the account. There are sites that offer these opportunities, like Upwork and Fiverr.

The benefits of this job are flexible work hours and the opportunity to earn passive income from your work. To increase the likelihood of making money, some people choose to take courses on how to become a TikTok Virtual Assistant. These courses range from $500-2000 and teach the basics of how to moderate and grow an account.

9-Invest in TikTok Stocks

As TikTok continues to grow in popularity, you can also make money by investing in its parent company, ByteDance. This can be done through traditional stocks or cryptocurrency investments.

10-Create TikTok Songs

If you have a talent for creating music, you can make money by creating songs on TikTok. You could also create remixes of other people’s songs and get paid royalties every time they are streamed on the platform.

TikTok has introduced a way for musicians to make money when their songs go viral. SoundOn is a platform on TikTok for music marketing and distribution services.


Conclusion

The TikTok app provides an excellent platform for users to share their creative content and earn money from their videos. You can adopt one of many ways to make money on TikTok, such as becoming an influencer, partnering with brands, or creating and selling products.

Whatever method you choose, ensure that you’re providing value to your audience and not just promoting products or services. If you can do that, you’ll successfully monetize your TikTok account.

TikTok is a great way to make money if you are creative and have something unique. So, if you are looking for a way to make some extra cash, TikTok is worth considering.

Suggest Reading – Guest Posting for Beginners – Quick Guide.

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