How to make money on TikTok: Top 6 Ways

 

How to make money on TikTok: Top 6 Ways

TikTok actually was rebranded from an app called ‘Musical.ly’ in 2018. Musically was an app that was widely used to make short and easy to share music videos.

TikTok today is very successful, and is one of the most downloaded apps in the USA. And definitely, this type of app tends to have so many users who make a name for themselves and become famous, which can quite be lucrative in a not so clear way.

Since the number of views does not generate any profit, many people still question how they could make some money by using TikTok.

Below are a few different ways to generate and make some money on TikTok.

       1.    Do streaming

Though the regular short videos don’t generate any profit, live broadcasts on TikTok might. We say that because users are able to purchase “coins”, which can be given to their favorite content creators as a donation.

These coins are given to you as everyday money, so this is actually a good way to make some money or profit on TikTok. Of course, you are bound to not make great amounts at first and this won’t be a constant income, but it is worthwhile doing.

2.    Use of hashtags

Just as hashtags on Instagram are important deal, on TikTok they are also extremely relevant. By using them, you can be much more easily found by other users. Say for instance, you sell beauty products in New York City. Which hashtags would you use, which ones are the most relevant? #NYC #beauty #beautyproducts right?

The hashtags are there for two major reasons:

• So that TikTok knows what is your type of content and deliver it to users who are into it
• So that when other TikTok users search for the hashtags you use, they can find your videos.

If you still are not using hashtags on the platform, be warned that you are really missing out on a great opportunity of having much more views on your videos.

3.    Using your TikTok invitation code

Friends, one of the best and prefered ways to make money online on TikTok is by using an invitation code to refer people. But how does it work?

The invitation code is a link you can send or forward to your friends. When they sign up by using this link/code you sent them, you will get some money in your account. If the person you’ve referred to TikTok uses the app for up to 10 days consecutively, you will get more and more money.

        4.    Selling Your Own Products

A very common strategy that famous users on TikTok have is selling their own products and merchandise on the app, and also use the app to advertise them and then make money. This simply posits that It involves selling products such as clothes, mugs and all sorts of accessories that have something to do with you and your brand.

Generally, you can choose to sell directly to your fans, being responsible for all the steps in the sale, or use an external marketplace to advertise your items. In any case, this certainly is one of the best ways to make a profit on TikTok.

5.    Using affiliate links

Since we talked about selling products on TikTok, you can actually use the opportunity to add some special links for partners and affiliates on your posts. This is a good tip both on your products and those by other people, because it promotes both your products and your affiliate’s.

This is very common in stores such as Amazon, where you can suggest that your followers buy a product, include the affiliate link and get a percentage of the sale if your fans buy it.

That can easily be done on your TikTok bio or in any of your other social media platforms. It is simple to do, and can generate you a very decent amount of money every month.

         6.    Getting partnership with growing brands on TikTok

Just as it usually happens on Instagram and on Youtube, there are many brands looking to sponsor influencers. This therefore means that, when you start creating a good audience, a good strategy might be to contact brands and ask if they would want you to shoot a video about a product of theirs, while getting paid for it, of course.

But how much should you charge? Well, that will heavily depend on your reach. However, when starting out, it is recommended to not charge them much per video, and increase that amount as you go. No matter how little, it all adds up to a decent amount at the end.

I'm pretty sure these tips listed above will help you on your mission and journey on making money on the amazing TikTok app.

Don't forget to always visit us @ tech.hndenglish.com for more interesting and helpful tips!

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