Ways to make money on TikTok

 

Ways to make money on TikTok

Join the Creator Fund



 

The TikTok creator fund is a great way to make money on TikTok. As with YouTube monetization, there are some criteria you will need to meet to qualify, but it’s an effective means of earning money for the content you create.

The best part is that you don’t need to do anything different to start meaning money – whatever content you already create, as long as it’s engaging and popular, you can make money simply by creating more of it.

Go Live and Get Gifts

You can earn money directly by going Live on TikTok and accessing Live Gifts. Once you have set it up, your viewers can send you virtual stickers while you’re streaming. These gifts allow you to collect diamonds that you can cash in for actual money.

It’s a relatively simple to get started:

·         Viewers use real money to buy coins. It will cost them $1 for 100 coins.

·         Those coins let them send you virtual gifts.

·         You convert the coins you collect into diamonds – two coins equate to one diamond.

·         Diamonds can then be traded for money – you’ll need 200 diamonds for every $1 you redeem.

You will also need a minimum amount of $100 before withdrawing it and your funds can be transferred straight into PayPal. The only catch is that TikTok will take 50% of your earnings.

Sell Digital Products

Another way to monetize your skills is to create digital products you can sell.

That might take the form of an eBook or eCourse, but equally, it could be digital ‘printables’ like inspirational quotes or artwork that people can buy, download and frame. There are many ways to create a digital version of the product or service you offer in physical form or in person.

Website developers can create template sites that can be sold multiple times. Graphic designers can create brand packs that are equally evergreen. Use your imagination and the sky’s the limit.

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