Can You Make Money On TikTok? Here’s How TikTok Users Get Paid
Before TikTok, people made money online with successful YouTube channels or blogs. Now, making a career on the Internet is easier than ever. With the rise of social media influencers on other platforms such as Instagram and Snapchat, it is now possible for people to make up to six figures for making a single post.
TikTok totally changes the game.
At its core, TikTok is a lip-syncing app. In its early days, it was compared to Vine, a quick entertainment app that gives users a quick laugh. TikTok has now risen to the top of the chain to be the best way to make money and gain a following quickly.
In TikTok’s own words: “TikTok is the world’s leading destination for short-form mobile videos.”
Let’s take a look at where TikTok came from, how it became so popular, and how you can earn your own personal success using this fun app.
The Origins of TikTok
TikTok was invented by a Chinese company known as ByteDance in Beijing. It was actually released in China before being released worldwide. It relaunched in the United States in 2016 and did not have all of the censorship restrictions that the original Chinese version had.
Fast-forward to two years later. In 2018, TikTok became the most downloaded app of the year. As of July 2019, there were over 500 million active users on TikTok. People use it to record songs, perform comedy bits, and lip-sync famous pop culture moments.
The original TikTok starts became famous by launching their own Internet careers and going on tour. They became well-known names in the entertainment industry before too long: Baby Ariel, Kristen Hancher, and Loren Gray, to name a few.
It is now possible to become famous and earn an income using nothing but your smartphone and the TikTok app. This app encourages everyone to be content creators with access to an opportunity like never before.
How to Make Money on TikTok
It is not surprising that people are eager to turn this content creation app into a moneymaking machine. And there are several different ways to achieve this while launching a successful entertainment career.
It is absolutely possible to make money on TikTok. There are several ways to achieve moneymaking fame with this free-to-use app. With any luck, you can earn daily revenue from your videos and build up your own entertainment fame.
While there is no “get rich quick” answer to making money on TikTok, there are definitely some ways to start building up revenue. Let’s start out with the basics along with some suggestions for accelerating your entertainment career along the way. After you have all the information you need, you can decide which money-making method is best for you.
The key to making good money on TikTok is the same for any other career; it requires hard work, some creativity, and a way to create value that makes people come back for more. Something about your content needs to be valuable so that people will be invested in you and your creations.
Let’s take a look at some of the best ways to make money on TikTok:
Method 1: Be A Live Streamer
Some of the richest individuals in the country have made their money solely from live streaming. This includes those who stream on YouTube or even Twitch, where thousands of people watch them perform music, play video games professionally, or even create art in front of viewers.
It is possible to live stream on TikTok in partnership with the musical.ly app. While there used to be a live.ly URL for streaming on TikTok, it has now moved to musical.ly.
Streamers get paid through an in-app currency known as “coins”. Users can buy these coins with an in-app purchase, and then gift them to TikTok creators during their live streams. While the exchange rates on coins to real money fluctuate over time, creators are still making money with their content.
If you are live streaming and a user gifts you with some coins, they are essentially giving you a tip for doing a great job with your content. People love live content, and if you give them something worth watching, they will tip you. TikTok will give you 80% of the real-money value of the coins. Not only do you receive this revenue, but TikTok will also make it known that you are a valuable creator. The more coins you get, the more of an influence you will build.
It may not start out as a huge fortune, but building your brand and becoming a visible influencer is more valuable than money can buy. Over time, you will earn more and more coins, getting you a sweet income in the process.
Method 2: Become an Influencer
TikTok isn’t the first app where becoming an influencer meant making six figures in revenue. However, there are several ways you can successfully become an influencer on TikTok alone, making money in the process.
The first famous Internet influencers were people like Kim Kardashian and Kylie Jenner, who are now paid hundreds of thousands of dollars to make a single social media post. While some influencers get a bad rap for purchasing “fake” followers, that kind of activity is impossible through TikTok.
You can be a true influencer on TikTok by gaining organic followers over time. If you establish yourself as an expert in a certain field, or you have something of value to give in that field, people will naturally want to keep apprised of your content. While you may not reach Kim Kardashian levels of revenue anytime soon, you can certainly build up a loyal following that will earn you plenty of cash over time.
Influencers come in all shapes and sizes. Some influencers are your friends whose music recommendations you trust. Other influencers have thousands of followers online who will listen to that person when they boast about a certain product or musical composition that’s worthy of praise.
You can become famous on TikTok as an influencer, whether you are a food critic or an up-and-coming pop singer. Your opinions, your content, and your expertise can create value that followers will want to see more and more of.
Here’s how to become a TikTok influencer:
- Open an account with TikTok.
- Start making videos recommending your favorite products or sharing opinions on certain albums.
- Keep recommending goods and services that you genuinely believe are great, and tell your followers why you recommend these things. Keep talking about brands, stores, products, creative artists, and more.
- If you accept a sponsorship deal from a brand, be transparent about it. Your followers will respect you more if you are upfront about being paid by a brand name. Ultimately, it will help you earn more money.
Remember that reputation is everything when it comes to being a social media influencer. Over time, your followers will come to trust your word and value your opinions because you are offering them something genuine. They will gift you with a presence that brands will notice. In time, these brands will come to offer you money for posting about their products or services. It’s a win-win situation for everyone involved.
Method 3: Connect Your Followers with Amazon Links
Amazon has been around for quite a while longer than TikTok. This is something that can be used to your advantage. If you learn how to use Amazon referral links, there is actually a way to make money using them in TikTok.
This pairs well with the previous method above. Becoming an influencer and using Amazon referral links can help you to make money while building up your followers at the same time. If you are making videos that recommend certain products and services, you should back them up by putting links in your descriptions and bio.
There is one formula in the Internet influencer world that is certain: the easier you make things for your followers, the more they will want to keep following you.
If you are recommending a certain artist or product, make sure to provide a link showing where your followers can find that product with a single click. This saves them the effort of having to write down the names of all of these products and artists you recommend and having to look them up on their own. Instead, add a manual link entry from Amazon so your users can just tap the link to find it.
Your bio is at the top of your profile. It is a very powerful tool. This is where you will want to put most of your links. And not just any links: shortened URLs. Since a bio is text-only, there is no way to hyperlink a URL for your users to click on. So, you need to shorten a URL to your affiliate marketing page.
Building a URL Landing Page
An affiliate marketing page is an online program that helps you promote products, services, and individuals who you want to promote. This goes hand-in-hand with your TikTok account because you can link followers to this page. On this page, you can put quick links to all of the products and services you are recommending, so users can find it all in one go.
The Balance Small Business has a short guide on creating an affiliate marketing program. This is one of the most successful methods for building revenue online, especially on TikTok.
Method 4: Sell Your Own Products and Services
Selling your own products on TikTok is perhaps the most realistic way to earn an income. While becoming an influencer is a very exciting – and very possible – method, it is always a good idea to have your own content in mind in case you want to change the way you provide value to your followers.
TikTok is completely free. Therefore, you should take advantage of it as a completely free way to advertise your business. Whether you have a separate website or another line of business somewhere, you can easily start promoting it with your TikTok account.
You can promote just about anything on TikTok – as long as it’s legal. From personalized tech services to newly recorded music to a custom line of beauty products, you can find unlimited ways to be your own boss.
Perhaps you are starting out as a musician and you are interested in selling songs or even going on tour. You can use TikTok as a booking service where your loyal followers can be the first to access your newest creations or see you live in person. Make sure to use available frames and hashtags to help your business reach a larger audience of people.
This is an alternative method of making money on TikTok than the others listed above, mostly because you aren’t actually making money from TikTok itself. In other words, TikTok isn’t paying you for your services. However, you can still use it as a free platform to reach the audiences you want, and capture great leads to boost your business and your success. Some of the most popular Internet influencers in the world started out recording their own songs or comedy videos on free social media apps, and have gone on to sell chart-topping albums.
Build Your Quick Following on TikTok
TikTok is one of the best platforms for building up a following as fast as possible. Other social media platforms may take you a long time to build up enough to become a viable influencer. However, TikTok provides unique tools and connections with other services that can propel you straight to the top. TikTok is a dynamic app that lets you connect with other social networks, such as Instagram and Facebook. You can provide descriptions and links in the bio of your profile to give your followers direct access to the best products and services available in your niche.
TikTok is a fast-acting app; that’s why followers are quick to follow. You are encouraged to make short, 15-second videos that give a concise message to your fans. People may not have the time to sit around and watch a 20-minute vlog about the products you love. Instead, give them a short preview of something that entices them to learn more.
TikTok is easily the best way to be innovative and unique on the Internet. Whether you are a fan of live streaming, or you prefer to use the app as a platform to promote your business, there are plenty of ways to start earning a decent income. With creativity, hard work, and a little bit of luck, you can be on your way to becoming the next TikTok influencer.