Earning money on TikTok is no longer a new opportunity to improve your personal budget, which has become a natural result of the development of a popular social platform with a huge audience. Today, the social network offers a variety of tools for monetizing content and earning income in other ways. This article presents the TOP 15 best ways to make money on TikTok.
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Earning on TikTok through Direct Advertising
This is one of the simplest and most popular ways to earn money on TikTok videos. When your account starts to gain popularity (from 10,000 subscribers), advertisers may offer cooperation to promote their products or services. Advertising can be native (when the product organically fits into the video plot) or explicit (direct product demonstration).
How much can you earn?
The price for advertising depends on the number of subscribers and audience engagement. For example, TikTokers with 100,000 subscribers can earn from $500 for one promotional post.
Earning on TikTok in 2024 through Affiliate Programs
TikTok doesn't allow direct affiliate links, but you can redirect your audience to other platforms (e.g., YouTube or Instagram) where links will be placed. This method of earning on TikTok works through affiliate networks (Admitad, CityAds, etc.), where you receive a reward for each purchase or action made through your link.
How much can you earn?
Income depends on conversions. For example, for each product sold or service provided, you can receive from 5 to 20% of the transaction amount.
Earning Money on TikTok by Advertising Other Authors
TikTokers can earn money by advertising other accounts in their videos. This can be a simple mention in the video or participation in joint duets or reactions to videos.
How much can you earn on TikTok in 2024?
With 50,000 subscribers, you can receive about 12$ for one mention. The more subscribers, the higher the cost can be.
Earning on TikTok 2024: Brand Ambassador
Being a brand ambassador is a long-term collaboration with a brand and stable earnings on TikTok. The TikToker regularly uses the company's products or services in their videos, talks about them, wears branded clothing, and participates in special events.
How much can you earn?
Contracts can be signed for several months or years. The amount depends on the blogger's popularity and deal terms.
Earning on TikTok 2024 through Virtual Gifts
TikTok users can send virtual gifts in the form of "diamonds" to their favorite bloggers, which can then be exchanged for real money. These gifts are purchased with TikTok's internal currency (TikTok Coins).
How much can you earn?
For each "diamond," the blogger receives about 0.5 cents of earnings on TikTok without investment. Once the account accumulates more than $100, they can be withdrawn via PayPal.
Earning on TikTok through Streams
If you have 1,000 subscribers, you can conduct live streams where viewers can send donations. This is similar to the streaming system on Twitch or YouTube.
How much can you earn?
Subscribers can send donations starting from $10. The platform takes a 20% commission, and the remaining amount goes to the blogger's account and constitutes their personal earnings on TikTok from subscribers.
Earning on TikTok through Merchandise
For TikTokers with a large audience, launching their own merch (branded products) is another way to earn money on TikTok from scratch. These can be T-shirts, caps, accessories, and other products with your channel's symbols.
How much can you earn?
Income from the sale of merch depends on the volume of sales and the popularity of the brand. For example, some bloggers earn more than 10 thousand dollars on the sale of their products.
Earning on TikTok: Promoting Services
The platform can be used to demonstrate your professional skills and attract clients, increasing earnings on TikTok. Hairdressers, makeup artists, confectioners, and many other specialists use the platform to promote their services.
How much can you earn?
This depends on the type of services and market demand. TikTok can be an excellent platform for building a personal brand and finding new clients.
Earning on TikTok 2024: Advertising Musicians
Music plays a key role on TikTok. Young performers can pay for the use of their tracks in popular bloggers' videos, which helps them promote their music.
How much can you earn?
TikTokers with a large number of subscribers can receive from 55$ for one video using the performer's track.
Earning Money on TikTok in 2024: Account Management
Not every popular blogger or company has time to manage their account, so they often hire people for administration. The administrator's responsibilities include creating content, interacting with the audience, moderating comments, and much more.
How much can you earn?
The earnings on TikTok in 2024 for an administrator can range from 170$ per month, depending on the workload and account popularity.
Earning Scheme through Video Greetings
Famous TikTokers can offer a service of creating personalized video greetings for their subscribers. This can become an interesting way of earning money on TikTok through videos for those who already have a large fan base.
How much can you earn?
The cost of one video can start from 55$ and depend on the duration and complexity of the clip.
How to Make Money on TikTok by Selling Accounts?
Selling developed accounts is another way of earning on TikTok without investment. If you have experience in creating and promoting accounts, you can develop TikTok pages and sell them.
How much can you earn?
The price depends on the number of followers. For example, an account with 10,000 followers can cost from 10$.
Earning Money on TikTok by Producing TikTokers
If you have experience in producing and talent management, you can become a producer for a young TikToker. This includes helping with content creation, channel promotion, and securing advertising contracts.
How much can you earn?
A producer's income directly depends on the TikToker's success and can be calculated as either a fixed rate or a percentage of advertising contracts.
Account Boosting and Earning on TikTok
Some experienced users create and promote accounts specifically for subsequent sale. This method of earning on TikTok requires marketing knowledge and the ability to attract an audience but can become a profitable business.
How much can you earn?
The price depends on the number of followers and audience engagement. Selling an account with 50,000 followers can bring in from 550$ and more.
Setting Up Advertising for Earnings on TikTok 2024
On the TikTok Ads platform, you can set up advertising for other bloggers or companies. This requires knowledge in marketing and working with advertising tools but is a sought-after service among large brands and influencers with potentially attractive earnings on TikTok through views.
How much can you earn?
Professional targeting specialists can earn from 250$ per month for setting up and managing advertising campaigns.