TikTok Monetization: How To Make Money On TikTok

TikTok is a aggressive sociable media chopine and the perfect set for influencers and contented creators to make money. We are here to tell you how you can turn your TikTok video recording into money makers. This is an interview with Spencer Mechem, the fall through of Buildapreneur. In this consultation, Spencer gives us a glimpse into how he monetized his TikTok, along with some insightful tips and suggestions. Read on to learn more 🤓 In the last year, I went from hearing about TikTok for the beginning time to growing and monetizing a TikTok account with about 500,000 followers.

TikTok in the like time time period passed the one billion active users mark ( faster than any other social media platform that I know of ). I got to a indicate where I could tell if a video was going to go viral on TikTok before I even posted. via GIPHY That is in bombastic part due to the insane amount of content people consume every sidereal day from their front-runner creators .

The average TikTok is about 30 seconds and the average user spends 60-80 minutes a day on the platform.  

That means the average person watches more than 100 TikTok videos every single day. That ‘s a capacity creator ‘s pipe dream !
significant disclosure : we ‘re gallant affiliates of some tools mentioned in this guidebook. If you click an affiliate connection and subsequently make a leverage, we will earn a little commission at no extra price to you ( you pay nothing excess ). For more information, read our affiliate disclosure .

How To Get More Views On TikTok 👀

Getting more authentic video views ( and followers ) will about always result in more money, so we will start there .
Applying any of these methods to your TikTok video recording will result in more followers, views, and more money .

Have A Killer Hook 🎣

A hook is what you say in the first 5-6 seconds of your TikTik television. Most people swipe through TikTok videos so debauched that they make their decision to watch in 5 seconds or less.

This means that you have five seconds to convince the viewer that your video is worth watching.

The best kind of overcharge is one that leaves them wondering. This can be either saying something or showing something that makes the viewer say “ I have to know what happens next ”. A big case of this would be holding a water system balloon over person ‘s fountainhead while they are facing away from you. The person on Tik Tok who is swiping through video pauses, and has to wait and see what the reaction is to the water balloon. now they are hook .

Maintain Viewers Curiosity 🕵️‍♂️

The next tone is to keep them watching. Most of the TikTok monetization methods that we mention merely come at the end of the video.

This means you need to keep as many people watching till the end when you start trying to make money.

This can be done by elongating the wait. For case in the body of water balloon method above, you would n’t pop the body of water balloon at the six-second mark, you would alone pop the balloon at the 30-second score. After that, you throw in your monetization strategy into the video recording as quickly as possible. With most of the monetization methods below, you would immediately leave a call to action telling them where to go next .

Capitalize On Trends 📈

TikTok❤️ trends. Whether it ‘s a educate sung or a swerve subject, once something takes off it takes off quickly. Using trending hashtags is a bang-up way to get your contentedness in front of fresh eyes. By being the first one to recognize trends and jumping in on those early I was able to get a lot of views that resulted in a batch of money .

In fact, my content strategy revolves almost solely around jumping on these trends.

PS. taking part in trends is besides a capital way to increase your audience engagement .

How To Monetize Your TikTok Views 🙌

once you have initial success with a few video recording, more will start rolling in. I always tell my students that if you can get enough eyeballs, you can make money no count what you do. Are you cook to join the creator economy ? 🤷‍♂️ Because once those TikTok views come in it ‘s merely a count of time. here are some ideas for your monetization strategy and how you can make money off of your views :

TikTok Creator Fund 💸

Let me preface this by saying that it ‘s my least front-runner way. Micro-influencers this one credibly is n’t the scheme for you .

Although it is an easy way to join the creator economy.

The TikTok creator fund was started by TikTok good last year in an attempt to incentivize ambitious creators to make more content and better. It is one of the services for creators that are paid for by the TikTok Ads program . once you join the godhead fund you get paid for most of your views. This is bang-up, but eligible creators need an absolutely harebrained sum of views in order to monetize TikTok with this method acting. Let ‘s do the mathematics 🧮 The average TikTok history makes 2 cents per 1,000 views .calculation for tiktok creator fund That means with 1,000,000 views on a single TikTok video, you will only make $20. even successful creators and democratic influencers need hundreds of millions of views to earn a full-time income. This did n’t make sense to me .

You can make a lot of money on any other social network if you get 1 million views.

There were besides incidental reports from thousands of TikTok saying that their views went down once they joined the TikTok creator investment company. ( TikTok of course denied this ). When it ‘s all said and done, you can decidedly make some money with this monetization method acting. The only caveat is that you will need an account that is systematically putting out viral videos that appeal to a massive consultation to make it worth the time. You besides need to be much more careful following community guidelines and terms of service because their advertisers care where their videos get placed .

Make Use Of The TikTok Creator Marketplace 🌟

If a business is looking to run an influencer crusade on TikTok, where can they go to find influencers ? Yes. That is right. The Creator Marketplace. The Creator Marketplace is the perfect space for influencers to connect with brands and frailty versa. It is the perfect target to start lasting partnerships. Brands can easily scroll through the content made by TikTok creators and find the one that suits their identity without the worry of reaching out to person that is n’t afford to being an influencer. You, as the influencer can even scroll through yourself and find influencer agencies or early influencers to partner with .

Affiliate Links 🔗

This is my favorite method and the method acting I used to make most of my money on TikTok. If you are n’t companion with consort commercialize, it is one of the most common monetization methods across the entire internet .

Affiliate marketing is where you make an agreement with a company and promote their product to your target audience.

Most of the time the company will pay you, the social media influencer, for each person that you send their way that purchases the product. This is why I love this monetization method .

  • No support or dealing with customers
  • Zero startup cost
  • No products to create
  • Some programs pay 50% or more of the revenue to the affiliate

This much sounds complicated to new consort marketers, but it ‘s all extremely easy.

Most websites have affiliate programs that you can sign for on-line ( typically in the footnote of their web site ) .Screenshot Source: Amazon After you sign up for an consort plan they give you an affiliate link that looks like this one right here .Screenshot From Writer’s Own Account The link is specific to the consort. This way they can track anybody that clicks this link and then purchases their product. As an affiliate all you have to do is mention the product in the TikTok video then put the connect in your profile .

When someone watches the video and clicks the link to purchase, it gets tracked and you make money.

This type of video can be made in minutes. Affiliate selling is easily the best monetization method available on TikTok in terms of how a lot you can make. At my flower, I was making upwards of $ 10,000 a month in affiliate commissions from a single intersection that I was promoting hard on all my TikTok video. here was my method. 1. Pick The Right Program Making money with affiliate market on TikTok largely relies on which products you promote. If you are promoting a product on Amazon that costs $ 10 and you get 5 % commissions, you make five cents each clock time person purchases. That ‘s not much money. I rather choose to promote high ticket affiliate products that pay $ 1,000 or more in affiliate commissions for one individual sale. This allows you to make a set of money on TikTok without many views. 2. Create an Audience Persona This is where you figure out everything that person who would purchase the product that you ‘re promoting likes .

It’s a lot easier to sell something and make money when you know exactly why the person buying it is doing so.

Create your buyer persona, figure out who they follow on TikTok, what kinds of contented they like, what their desires and pains are, etc. 3. Create TikTok Videos Based on Persona Making TikTok videos become much easier when you know precisely who you are making them for and what kind of stuff they like. I ‘ve tested this quite a bit. You could even copy a successful video recording of person else in their niche and do well with it. I ‘m not saying that ‘s the ethical thing to do, good giving insight into the algorithm. Spend some time watching other videos on TikTok that are doing well with your hearing and then create a crowd of outlines for similar videos that you could make. 4. Monetize Your TikTok With Affiliate Links The last step is to merely put an affiliate link in your TikTok profile .

As you make each piece of content be sure to mention the product and the location of the link.

TikTok ‘s algorithm will go out and find the people that like the video the most and show it to them. If you ‘ve done everything mighty, they will watch and end up on your profile. These are commissions I have earned from doing this method acting for one individual year with a big-ticket product .tiktok affiliate commissionsImage From Writers Own Account Hopefully, that shows why I love this finical TikTok monetization method acting so much .

Live Selling 🤑

Most people are n’t even mindful that TikTok LIVE is an choice .

But nothing builds a personal connection better than going live.

equitable like with other social platforms, you can go know on TikTok and it will show your live stream to your followers. That means this method acting only works once you have authentic followers. The idea is this :

  • Make a bunch of TikTok content that appeals to a specific type of person.
  • Get a lot of followers (not millions of followers but enough)
  • Create a high-ticket product ($500 or more) that solves a problem or benefits that specific person.
  • Go live every day and do mini Q&A sessions and training.
  • Throughout the training mention the product you created as the best way to achieve the desire your audience has.
  • Make money each time you go live on TikTok.

The cause this monetization method acting works so well is that it is personal. With a regular Tiktok video recording, you get a draw of views, but with Live Video your viewers will feel like they truly know you .tiktok live videosScreenshot Source: TikTok Going live on TikTok gives you the opportunity to interact directly with people and this importantly increases the number of people that will purchase. This took me a little while to get going, but I saw some people go from $ 0 to $ 10,000 a calendar month on TikTok in a single month with this method acting. This is a powerful monetization opportunity that many successful creators may use to become a true social media influencer to their consultation .

Sponsorships 💰

This method of making money on TikTok requires you to build up a decent audience first.

You probably won’t make any money until you have about 10,000 followers.

That being said, once you hit 100,000 followers you will start to see the sponsorship opportunities roll in. Sponsorship is kind of like affiliate market except rather of making money based on your results, you just make money. I get outreach emails like this every match of days .tiktok influencer sponsorshipsImage For Writer’s Personal Account Most of them merely ask you to create a firearm of capacity that talks about their brand. just remember that TikTok videos are 15 -60 seconds long and that the less “ edited ” videos tend to do better .

That means a typical shoutout or sponsorship only takes an hour or two to make.

I ‘ve had multiple companies offer up to $ 1,000 for a single video on my TikTok bill. not bad money for a individual TikTok video !

Send Your TikTok Videos To Better Ad Platforms 📲

As mentioned above, the TikTok godhead store does n’t pay much .

That doesn’t mean other social media platform versions of the TikTok creator fund are the same.

Some platforms have a decent creator fund. And who said you had to use a single platform ? The best one in my public opinion is YouTube. You can see right here what happened once I started making TikTok video at the conclusion of 2020 and sending them to my YouTube video .tiktok and youtube ad incomeImage From Writers Personal Account I increased my revenue streams and made more money. I went from making about $ 125 a day to $ 250 a day. I would have needed 5 million views a day on TikTok to get that from their creator fund, but YouTube ads played on the television I sent people to and they pay much better. All I was doing hera was taking every YouTube television I put out and creating a miniskirt TikTok version .

The TikTok version did very well because it typically had no definite end.

It left people hanging till the conclusion and then told them to go to YouTube to see the remainder. very similar to a preview. I do n’t know if this counts as making money on TikTok, but it decidedly counts as making money BECAUSE of TikTok.

Conclusion 💁‍♂️

As I mentioned at the begin of the article, all of these methods for making money on TikTok command increased video views. They require the influencer to make a lot of ( beneficial ) original content that people want to see – and want to engage with. once the eyeballs are there, it ‘s fair a matter of picking the right monetization strategy for you. The best separate is that you do n’t have to just pick one income flow, you can use all of them. You can have a primary reservoir and then make extra earnings through any of the other monetization methods.

The entirely method acting I mentioned that I have not used is TikTok ‘s godhead fund, primarily because of rumors that it damages views. But that is n’t to say it does n’t have its home in your influencer marketing campaign ! thoroughly luck ! via GIPHY

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