How to Earn Money From TikTok in 2020

Making money on TikTok simply means adding value to people’s life. And if you are certain to do so, you’ve already decoded the very first step of the Earn money from TikTok.

Earn Money From TikTok

Can You Earn Money From Tiktok

Yes, you heard it right! There is a scheme ladder that allows you to optimize your availability on TikTok, and in return, allows you to make money. If you want to travel each rung of the scheme ladder, then here’s a quick reality-check guide for you.

3 Steps to Make Money From TikTok

Make sure your TikTok account can tick them all off!

1. Think Beyond a Video Creator, Be an Influencer

No matter what your account is about, it should unapologetically inspire people in some way.

2. Go Live Often and Engage In Real-time

You’re giving potential audience to tip you with coins (Comment below if you’re not aware what it’s all about!).

3. Checking on your account consistency

Not to mention, but it matters a lot on Tik-Tok.

The Unstoppable “Social Commerce” Rise

The surging of TikTok as a new way of entertainment online is indeed a great opportunity for young talents to make some money online.

For those who are new to the term TikTok, it is a trend-setter social media portal where people share short lip-sync and mostly funny videos.

With around 13 million videos posted daily on the platform, TikTok is leaving Instagram behind in the game of Social Marketing and Revenue Generation through Online Media.

You don’t believe that most of the influencers on TikTok earn money by turning Coins into Diamonds. Yes, that’s true. People can appreciate the efforts of a creator by giving coin tips to their favorite influencers when they live stream.

And, influencers can encash those diamonds through PayPal. So TikTok has quite convenient schemes for people who want to make money from its platform and maybe that’s the main reason that more and more influencers are leaning towards it.

Recipe to Earn Money From TikTok

Earlier when someone used to say that making videos is a great way to feed yourself bread, many weird reactions came to the scene.

But, those days are now gone! Or, it would be more convenient to say that YouTube is no longer ‘The Media King’ when it comes to earning big through the art of video making.

Today, in this blog, we’re sharing with you some of the tested ways that helped many youngsters to make money through TikTok.

1. Growing and Selling TikTok Accounts to Big Brands

If you’re someone who is creating lifestyle videos or informative content over TikTok, then your account has the potential to seize the eyeballs of big e-commerce sites and brands dealing in product space.

Many people don’t have any of their products (copyright per se), and yet making great product utilization guide kinda videos on TikTok to be in the sight of sponsors.

If you too have a good engagement account on TikTok, then with the right usage of hashtags and links you can sell it to big brands and make a hefty amount of money.

How Big Brands can sell products through your account?

One way to sell products through a tiktok account is live streaming. Brands seek your help to launch their new products via going live as you can show potential buyers how to use that product and added features.

Other options include creating an auction while live streaming and putting links to buy products directly in the bio.

Pro Tip: Choose a niche and create entertaining and engaging content that you think an ideal customer of the product wants to see.

2. Managing Influencer Campaigns on TikTok

Confused like how one can earn money on TikTok by fulfilling the KPIs of a broker?

Well, you don’t believe but TikTok has an in-built Influencer Campaign Program that supports people who want to be the bridge between brands and influencers.

So, if you’re not coming under the eligibility criteria of becoming an influencer on TikTok, then you can become a broker and earn money.

Pro Tip: Be smart and learn everything from creating an agreement to managing a broker party to stay relevant in the game of the TikTok Influencer Campaign.

3. Honing the TikTok Ads Platform

If you’re already into running ads on Facebook, then this is probably easy to grasp and earn from. Like Facebook, TikTok has its own Ads Manager where you can simply sell your products or brands’ products by adding some demographics and budget.

Pro Tip: Learn how to set ad campaigns on social media portals and master the art of lead conversions so that brands don’t complain about their money being drowned on TikTok later.

4. Becoming Visual Manager on TikTok

Hey! If you’re still reading this, then probably you haven’t found anything that suits well with your way to make money on TikTok.

If so, then, you can pave your path to big numbers on TikTok through managing others’ TikTok accounts. Don’t doubt it!, like seriously many people are converting their content strategizing, influencer marketing, brand managing, profile optimizing talent into money on TikTok.

All you need to do is help out those who are in need to outshine on the portal while you handle the back gear.

Pro Tip: Outlay your creative thinking and management services in a way that fulfills the demands of your customers.

Everything Else You Need To Know About Earning Money From TikTok

There is no stop to the creativity that goes into making a video on TikTok as the platform is full of creative Bursts of Sunshine booming in new and engaging ways.

But, if you’re good at brainstorming entertaining videos just unable to have the courage to start with. Then, don’t be upset as this could also be your chance to earn money from the trending video streaming portal.

Yes!, instead of wasting energy on your Time Tok account, you can consult others on how to make more engaging videos and ask them to pay you for your consulting services. Isn’t it great?

You can also earn money from facebook page.

FAQs on Earn Money from Tiktok

  1. How much money do you make on TikTok?

    According to Influncer marketing hub You can earn money on tiktok upto $50k to $150k per brand partnership.

  2. How many followers do you need to make money on TikTok?

    There is not any fix number of followers but to be safe side if you have around 200000+ followers on tiktok you can approach any brands or brands approach you without any hesitation.

  3. Who has the most followers on TikTok?

    According to wikipedia Loren Gray has most no of followers on tiktok around 39.4 millions.

  4. Who is the highest paid Tik Toker?

    According to kickassfacts Kristen Hancher net worth $11,400,00

  5. How much money does TikTok make?

    China’s ByteDance owner of tiktok said in first half of the year they make around 7 to 8.4 billion.

Aksshit Wadhwa

Hi I'm Aksshit Wadhwa, pursuing BCA, and a proficient Website Designer, Blogger, Marketer who manages several sites including Bloghaul.com to help newbies understanding the concept about blogging and being an expert in the industry. Now in 2018, I've also started my own Fashion Blog - aksshitwadhwa.com and I'm now a Fashion Influencer too. (Read More...)

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