Eight ways to make money with TikTok

1.Join the TikTok Creator’s Fund

As we mentioned earlier, users who have developed a large following may want to consider earning money through the TikTok Creator Fund.Earnings from the Creator’s Fund vary from user to user and are calculated based on audience size, user engagement quality, and posting frequency.
There are plenty of other ways to cash in on your account if you’re starting. Even if you join a creator fund, getting an additional source of income is still a good idea.

Eight ways to make money with TikTok

2.merchandise to fans

Selling your products is a great way to cash in on almost any type of content. Whether it’s a dancer, singer, or comedian, any creator can create merchandise to sell to their most loyal fans.With a wide variety of print-on-demand companies, a vast range of merchandise is available. You can sell t-shirts, tote bags, pillowcases, hats, coffee mugs, stickers, notebooks, or products.

There are even benefits beyond revenue from selling print-on-demand products. Having branded products allows your fans to connect with your work on a more personal level, and every fan who carries your products in public creates new opportunities to promote your brand wherever they go.

The unexpected clothing brand was initially designed as a school project for six high school students. But when the group came to TikTok to promote the clothing they had handmade in their parents’ basement, their lives were changed forever.

The unexpected TikTok account first went viral in December 2020, and within a few months, its follower count soared. Since graduating, the team has relocated to Los Angeles, and when they’re not producing new TikTok content, they still color and decorate their products themselves.

Unxpectd’s TikTok account has been successful because it is rarely used to promote its products directly. Instead, Unexpected invites fans to get to know the brand’s founders on a more personal level, taking them on a brand-building journey with them.

Eight ways to make money with TikTok

3.Doing live streaming to receive virtual gift

For creators looking to cash in on their content through live streaming, live gifting is one of the most useful features of TikTok. Most social networks have a live streaming feature, but TikTok is unique in that it allows fans to show their appreciation in real time by sending virtual gifts that can be cashed in. Here are some tips to help make the most of TikTok live streaming.

Choose the right time. It would help if you lived stream when most of your followers are online. Check your audience insights and see when your audience is most active by going to your profile settings and selecting the ‘Analytics’ tab.
Extend the duration of your live stream. Not every user will stay for the time of your broadcast, but extending the course will allow more users to log in and see your broadcast.
Post short videos during the broadcast. When you post short videos during a live broadcast, TikTok will prompt users who see the video in their stream and provide a link to your live room to help you grow your live audience.
Use TikTok topic tags. As with other social media networks, users often browse the topic tabs page to find new accounts to follow. Use TikTok’s topic tabs to increase the reach of your videos.
Test your internet connection and other devices. Don’t neglect the technical aspects of doing live streaming. Make sure your internet connection, lighting, and sound equipment will work for a long time.
Set up the mechanics. Remember that TikTok allows you to filter comments, ban users, and blackout viewers. Don’t be afraid to use these features for users who don’t engage in conversation in good faith. No one should have to put up with bullying or harassment.
Engaging with users in real-time helps build valuable relationships with fans. Audiences who have a close connection with creators often play a unique role in their success, which means that live streaming can also help boost other sources of cash.

Habits 365 is a New York-based clothing company founded by two teenage brothers, Eli and Spencer Zied. The company’s core philosophy is that success is built by developing positive habits, and the brand’s optimistic young founders are perfect ambassadors for this philosophy.

The success of Habits 365 lies in the willingness of its founders to let users know about themselves. They regularly use TikTok’s live streaming feature and often post short videos of themselves working late into the night for the brand.

Eight ways to make money with TikTok

4.ternet celebrities or other brands in the TikTok creator marketplace

One of the most innovative ways TikTok allows its creators to make money is through its creator marketplace. The creator marketplace helps connect the right brands with the right weblebrities, facilitating partnerships that are easy and fast for both parties. Brands looking to run a Netflix campaign can browse the marketplace and quickly go through content produced by creators they are sure would like to work with the brand.

The creator marketplace acts as a Netflix agent, allowing both parties to show that they are willing to work with each other, alleviating some of the awkwardness that marketers may encounter when reaching out to Netflix on other platforms.

Like many great businesses, the founder of Peace Out Skincare had an insurmountable problem until he created a solution.

After struggling with skin problems such as acne and pigmentation, Enrico Frezza began to research the process of developing skincare products and established his skincare brand.

5.Creating infomercials through the TikTok ad management platform

There are plenty of natural marketing opportunities on TikTok, but if you’re willing to spend a little money to expand your content reach, consider creating your infomercials through the TikTok ad management platform. TikTok ads appear in users’ ‘For you’ streams and play automatically, just like any other TikTok video. With paid ads, you can ensure that your videos reach the most interested users in your product.

But the best part is that TikTok’s ad management platform is seamlessly integrated with Shopify. This means you can create TikTok ads, select your target audience and track their performance, all through the Shopify shop.

Luxe Collective is a luxury fashion shop based in Liverpool, offering the latest in second-hand luxury goods at a fraction of the price of other retailers. Luxe Collective’s initial success in growing its social media audience was on Instagram, not TikTok.

But in the last year, Luxe Collective has developed a sizeable TikTok following, almost three times its Instagram following.

Luxe Collective’s TikTok account is filled with fashion tips, tutorials, and the latest news from the most prominent luxury fashion brands. Luxe allows its audience to dictate its content by creating a social media account that serves as a news source for a precise audience interested in buying its products.

Eight ways to make money with TikTok

6.Crowdfunding for projects by raising money from fans

Crowdfunding is one of the most accessible avenues for creators who want to make real money. You’ve invested a lot of time and effort into creating content for your fans, so offering them an easy, stress-free way to give back can be very helpful in securing a steady stream of income. Crowdfunding can take many forms, depending on the type of funding you’re looking for. If you’re looking for start-up funding for a specific project, you can rally your fans by setting a funding goal and hosting a live fundraising event.

7.”Tipping” the audience

If you don’t have a specific project in mind or are not ready to offer equity to investors, a crowdfunding platform may not be the ideal way to go. Consider using a tipping platform for a quick and easy way to accept donations. Tipster platforms are a more personalized funding option. They are like real-life tip jars. Fans can choose, but it’s not mandatory, and they can donate any amount.

If this sounds more appealing to you, some great tipping platforms are here.

Tipeee. Tipeee does not offer a subscription service, but its strength lies in its simplicity. On Tipeee, creators can create a page for their fans and let them “reward” any amount directly at any time.
Buy Me a Coffee. “Buy Me a Coffee” prides itself on being built for creators and not companies. Like Tipeee, its strength lies in its simplicity. Fans are taken to a page where they can buy as many “coffees” as possible for the creator. In this case, the “coffee” is a $1 payment to the creator via PayPal or an online bank transfer.
Ko-fi. Ko-fi offers tips, memberships, and a way to provide users with commissions for personalized content, such as customized tutorials or video chats.

8.Start a Patreon account and offer fan subscriptions

Crowdfunding is suitable for larger projects, and tipping is the easiest way to raise funds, but what if you want a more consistent source of income? In this case, you could consider using a creator-based subscription platform such as Patreon. A subscription-based revenue model can be beneficial for content creators as you can reduce the cost of individual subscriptions and focus on increasing the number of subscribers.

Eight ways to make money with TikTok

For example, a low-cost subscription of one dollar a month is easy to sell to a loyal fan. If you have a lot of loyal fans, those dollars will keep growing.

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