TikTok is one of the most popular social networks in the world, and it currently takes people by storm. Most people heard something about TikTok, and few of them don’t know about it.
The app TikTok encourages users to create and upload 15-second videos with effective music to their audience. TikTok is more popular among teenagers and youngsters because of the dancing and lip-syncing videos. It is called karaoke for young people, and most people love it.
Some creators have even become TikTok stars and make money through their videos on TikTok. But few people ask me, can I make money on TikTok?
Of course, anyone can make money on TikTok! But you need proper guidance and a clear mind about TikTok strategies. So, you can read these articles “11 best hacks to make money on TikTok”. You will get a clear idea about TikTok and how people make money through TikTok content.
Before we enter into the main topic, we can see some interesting facts about TikTok.
- More than 800 million people now actively use TikTok every month.
- TikTok has surpassed 1.5 billion app downloads across the world.
- On average, TikTok users spend more than 50 per day on the app.
- 34% of users upload at least one video per day on TikTok.
- TikTok has the highest engagement rates per post.
- More than 20% of revenue comes from the USA.
- Users had spent 50 million dollars on TikTok in 2020.
Here’s the step: How to earn on TikTok?
1. Create Your Brand Story
For all social networks, an introduction video is essential to show who you are and what you do. You can create videos for your brand or business launch and promote products. It is one of the best opportunities to present your brand to a wider audience.
Moreover, you have to spend some time to know your TikTok audience and what type of content they love to watch. You can also think about how to reach your brand to a huge audience and create your brand presence on the TikTok platform.
It is one of the excellent strategies to establish your brand to your audience. When people see your brand promotion videos, you will get a chance to receive them on your TikTok account.
2. Put The Investment
Before getting started to earn money on TikTok, you’ll need some terms such as smartphone and internet connection are the basic requirements.
Once you enter into your TikTok career, you have a ring light and a tripod for your mobile, which helps to boost the quality of your videos.
You may also want some editing tools to create your TikTok video more authentic and attractive. TikTok provides its own in-app video editor tool, which can help you to make your video attractive.
Here are some free video editing tools,
- In short
But if you want to take your TikTok profile to the next level, you can purchase some powerful video editing tools to add special effects to your videos.
3. Create Content That Makes Purchase
After completing your investment, you can figure out what type of videos your audience engaged, like dance tutorials or effectively narrative videos. You can study them and start to create your videos based on the results.
There are some basic rules of TikTok:
- Upload your videos in a vertical format.
- Make sure your video aspect ratio is 1080*1920.
- Give clear descriptions and relevant hashtags.
- Make sure your video has an exciting thumbnail.
If you upload your videos regularly, you will get a chance to gain lifetime guaranteed fans to your TikTok profile. You can also use video scheduling tools to schedule your content previously. It can help you to grab your follower’s attention, and you don’t miss your follower’s engagement.
4. Take Advantage Of TikTok Influencer Marketing
Influencer marketing is similar to running ads on TikTok, but you can get more in a short time. Working with TikTok influencers is a great way to show your products in front of a massive audience.
The most popular influencer campaign on TikTok was Mucines, the cold and flu medicine. It worked with lots of influencers to promote their products in the time between cold and flu season.
The brand also launched the hashtag challenge called #beat the zombie funk. It can reach out to a wider audience and get more brand exposure within a short time. Before getting started to collaborate with influencers, you should choose the perfect one that is relevant to your brand and their audience demographic.
5. Directly Sell Your Products on TikTok
TikTok creators are now able to sell their own products directly to your fans and followers. It is one of the best ways to drive brand awareness, generate sales and get more brand exposure to a huge audience. TikTok now allows creators to customize a design from 180 different characters.
If you want to monetize your audience directly without spending a brand’s advertising dollars, you can sell your products through TikTok videos. But, your videos need to encourage your audience to make a purchase.
Creators can also add links in their bio to a personal website. It can help your customers to directly visit your website when they purchase products.
6. Share Your TikTok Content On Other Channels
If you want to increase your sales growth, you can promote your brand content on other social channels like Twitter, Instagram, Facebook, and more. Posting your content on other channels is generally called cross promotion. It is one of the excellent strategies to build your brand awareness and boost your online presence.
For example, if you have a large following on Instagram, you can share your brand content on that channel. When some see your brand content, you will get a chance to visit your TikTok account and make their purchase.
7. Create Shoppable Videos
Shoppable video is a new option on TikTok that is currently being tested by some TikTok influencers. It allows you to add a website URL to your TikTok videos, which can help to take customers to your store with a single click.
No matter which of the video options on TikTok appeals to you, you’ll still need valuable and relevant content to create a positive impact. TikTok’s shoppable video feature is rolled out to a wider audience because it makes it easier to sell products directly from your business profile.
8. Utilize Tik Tok Ads Feature
TikTok offers several options for creators to reach their target demographic and make money easily. TikTok ads are one of the powerful and easy to use options for creators to promote their brand to a wider audience. It offers several advertising options for paid advertising such as:
- Infeed Video Ad: It is a video ad that appears in between users’ videos when someone scrolls the For You page, and it is similar to Instagram stories ads. You can create video ads between 9 to 15 seconds with multiple call to action buttons.
- Brand Takeover Ad: Brand takeover is a full screen video that appears when the user opens the app. It is one of the best options for TikTok to get mass awareness and drive sales. It also appears on the TikTok For You page via images, GIFs, or videos with a clickable link.
9. Brand Partnership
If you have an authentic following, you can earn money through brand partnerships and product placements. For example, YouTube creators get paid on views, so they need more than thousands of viewers to make money. But TikTok is different, and the TikTok users are likely to be dancing in a video. But in the background screen, you can see some brand advertisements.
You can also get free stuff from trusted brands who will use their products in your videos. You can also use a TikTok money calculator that can help you to calculate your estimated money from your TikTok account.
10. Coins And Diamonds
TikTok has a currency! The TikTok users who are aged above 18 can buy more virtual coins with a real credit card. These coins can help you to purchase amazing gifts like a diamond and other emojis.
In a TikTok live stream, you can appreciate your customers for their involvement by giving some gifts like diamonds. You can convert your diamond into cash, and you can get more revenue through live steam videos. Earning money from a TikTok live stream is hard, but you can make it easy if you have the proper knowledge.
11. Affiliate Marketing
Affiliate marketing is one of the best strategies to enhance your brand growth and increase your revenue within a short time. It is slightly different from product placement. When you promote a product in your TikTok video and get more sales afterward, you will get a share from the owner.
If you have a smart and creative mind, you can create videos with certain brands and products. It is one of the best marketing strategies to make money on TikTok. Affiliate marketing needs to feel natural & authentic, and most creators will offer simple discounts for specific products because it can encourage their audience to make purchases!