6 Ways to Make Money on TikTok 2020 By [Instructor Munir]

6 Ways to Make Money on TikTok

#1: Growing debts and promoting them

The first way human beings are making cash from Tik Tok is developing money owed and then promoting them.

This is turning into greater and greater famous in the eCommerce or product space.

Example of Tiktok Live on a number of Tiktok accounts.

Similar to Instagram, you’re going to select a area of interest and then go beforehand and create unique content, ideally content material that goes viral to entice that character who would be the perfect purchaser for your product.

There are already human beings in this house nowadays who are developing TikTok profiles round a sure interest. Usually it’s a area of interest theme and they may no longer have some thing to sell, however they’re going to attain out to manufacturers in that enterprise and promote their TikTok profile to them and human beings are legit making cash this way.

The proper information for product manufacturers is as soon as they have that account in their hands, it’s sincerely pretty effortless to promote products.

One way that human beings are promoting merchandise is thru TikTok Live. They are launching merchandise whilst livestreaming or they’re definitely preserving auctions whilst stay streaming.

And, of course, there is the hyperlink in the bio the place you can continually power your followers to buy your product.

So if you’re the kind of man or woman to love TikTok, and you simply prefer to develop a following round a sure subject matter and construct that neighborhood round a sure topic, go for it and then attain out to these manufacturers who would love to have get admission to to these followers and promote them your account.

#2: Donations

The 2d way humans are making cash from TikTok is going Live and amassing donations from viewers (just like you can do on different platforms, like Twitch).

I locate this characteristic of TikTok fascinating.


It’s truely a constructed in monetization platform, actually from day one.

Of whatever comprehended, hither’s whence that operates:

When you’re a TikTok user, you can go into your profile and buy some thing referred to as coins.

For a hundred cash it will price you $1.39.

Now what do you do with these coins?

When one of your favourite creators is going Live, you can truely ship them cash as a way of giving thanks for all of their effort in developing the content material they do.


The creator turns the cash into diamonds and these diamonds can be transformed into money by way of PayPal.

Cool, right?

On the Chinese model of TikTok – an app known as Douyin – there is a next-level function comparable to this. When creators are Live, they can truly connect a buying cart to a product they sell. So it’s kinda like QVC or the purchasing channel. You can go Live, maintain an auction, and humans can purchase your product whilst you’re Live thru the purchasing cart feature.

My bet is this characteristic is going to come to bills global quicker instead than later.

#3: Manage influencer campaigns

The 1/3 way to make cash from TikTok is to control influencer campaigns.

This isn’t a new idea. There are straight up influencer organizations to serve Instagram influencers already.

The equal thinking applies to TikTok. You can be the intermediary or the broking between a creator on TikTok and a company who desires to work with that influencer.

From developing the agreement, managing each parties, making positive the deliverables are all met – simply being a coordinator – you can cost a provider price to control campaigns like that.

TikTok as a platform is smart; they without a doubt have an inside influencer software already constructed in. So if I’m a large company and I prefer to attain out to TikTok and say, Hey, this is the area I’m in, what influencers must I work with? I can do that.

The solely aspect is, I’m going to pay a share to TikTok for brokering that agreement.

That’s the place you can come in as a provider or business enterprise to make that settlement backyard of TikTok and assist manufacturers store a little bit of money.

#4: Tiktok advertisements platform

The fourth way you can make cash from TikTok is with the aid of the usage of their commercials platform.


Just like Facebook and Instagram ads, you can Google proper now, “TikTok ads” and signal up for get admission to to their commercials platform.

It is tremendously self-explanatory if you’ve ever run paid site visitors before, so if your market’s on TikTok, it would possibly be well worth you developing a few ads, inserting some finances towards experimenting there and seeing what happens.

Maybe you can promote greater of your merchandise thru TikTok!

#5: Management services

The fifth way you can make money from TikTok is by means of providing administration offerings for creators on the app.

Some creators on TikTok have tens of millions of followers and every so often this takes place sincerely quickly and in a single day for that creator. It’s like having a commercial enterprise land in their lap.

You ought to step in and provide offerings to assist them with their content material strategy, their innovative strategy, perhaps managing provides and offers that come their way.

So if you have that historical past in manufacturing or storytelling, you may want to without a doubt follow that to presenting administration offerings to TikTok creators.

#6: Consulting

Last however no longer least, as soon as you come to be a pro on TikTok, and possibly you actually recognize how any one ought to take a video that possibly receives a hundred views and assist them get 100,000 views, well, you can clearly offer consulting services.

This is a absolutely exquisite way to leverage your know-how from the platform and assist humans who prefer to be TikTok well-known or they favor to be creators, definitely raise their approach so their movies get viewed by means of heaps of thousands, if now not thousands and thousands of people.

Of course, you want to have the heritage and the journey in this first to provide this as a service. But as soon as you’re there, humans will pay to have your trip and your intelligence on their account.

And if you assist them get any offers or influencer agreements, you can even negotiate a proportion or a reduce of that deal certainly due to the fact you are their advisor and you have helped them go viral on TikTok.

So there you have it. Six methods that I see human beings making cash from TikTok today, even whilst it’s nonetheless really, clearly early on.

Let’s go returned to my first factor at the starting of this video.

Why do I, an Instagram marketer, suppose that TikTok would possibly be greater effective than Instagram?

The way I see it, Instagram tales are variety of comparable to TikTok videos, however they expire after 24 hours. This is the place TikTok is powerful. TikTok is genuinely comparable to YouTube, which means you can post a video today, however possibly the algorithm choices it up months later and begins pushing that video into the feed of humans who would like it.

The truth that your movies don’t disappear has a lot of strength to it due to the fact it can pressure a lot of visitors and eyeballs to you months after the fact.

That purpose by myself is why humans are getting from time to time hundreds of thousands of views to their TikTok movies with very few followers. It’s due to the fact the algorithm is choosing up your video, and pushing it out.

Again, there’s a lot of activity and now not a lot of content. So the calculation is pushing it out to the people who it believes will be open to that content.
I mean, in today’s day and age, I don’t suppose there’s any different app or platform that can supply you these types of effects proper now.

I am on TikTok, so go beforehand and locate me. I’m over  and with any luck via the time we connect, I’ll have performed round with a few extra movies and possibly even one of them has long past viral. That would be exceedingly awesome.