How To Make Money on TikTok in 2024: 12 Proven Ideas for Beginners

How To Make Money on TikTok in 2024 12 Proven Ideas for Beginners

“You can literally make money on TikTok by just being yourself and doing what you love.”

Let’s be honest: we all spend much too much time scrolling TikTok. But what if I told you that time could potentially pay off? It is true! You can make money on TikTok, and it’s much easier than you might believe. Forget the misconception that you need millions of followers to make money. You can start earning with as few as a few thousand followers, there are ways to get your foot in the door.

Think you aren’t “TikTok-worthy”? Think again! TikTok offers plenty of opportunities, including funny pranks, educational information, and exhibiting your incredible dance talents.

This blog is your guide to turning your TikTok addiction into a side hustle (or perhaps a full-time job!). We’ll go over everything from how to get into the Creator Fund to making money with just 1,000 followers.

So, stop scrolling and prepare to learn how to transform your TikTok passion into a money-making dream! Are you ready to dive in? Let’s go!

Overview of TikTok

Launched in September 2016 by the Chinese company ByteDance, TikTok quickly became a global sensation. By merging with Musical.ly in 2018, TikTok expanded its reach, attracting a diverse user base and becoming one of the most downloaded apps worldwide.

TikTok boasts over a billion active users, with a significant presence among Gen Z and millennials. Its user-friendly interface and engaging content have made it popular across various age groups and demographics.

Unique Aspects of the Platform
  • Short-Form Videos: TikTok’s format focuses on short, engaging videos that are easy to consume and share.
  • Trends and Challenges: Users participate in viral challenges and trends, making the platform highly interactive.
  • Creative Tools: A wide range of editing tools, effects, and music options enhance content creation.
Why TikTok for Making Money?

With a vast and active user base, TikTok offers immense potential for reaching and engaging with a global audience. TikTok’s algorithm promotes content that resonates with users, increasing the chances of your videos going viral and gaining significant visibility. The platform encourages creativity, allowing users to experiment with different content styles. This creativity attracts brands looking for unique ways to connect with audiences.

 

12 Ways to Make Money on Tiktok

 

1. Sign up for TikTok Creator Next

 

How To Make Money on TikTok in 2024 12 Proven Ideas for Beginners 03

To join TikTok Creator Next, you need to meet the following eligibility requirements:

  • Be 18 or older
  • Have posted at least three videos in the last 30 days
  • Have a minimum of 1,000 video views in the last 30 days
  • Meet the minimum follower requirement for your region
  • Be based in the U.S., U.K., Germany, France, Italy, or Spain
  • No Business Accounts allowed!

Via TikTok Creator Next, you can access a few different monetization features… though each has its own threshold of eligibility.

 

TikTok Creator Fund

The TikTok Creator Fund is a fantastic place to start.

  • Be located in the US, UK, France, Germany, Spain or Italy
  • Be at least 18 years of age
  • Have at least 10,000 followers
  • Have at least 100,000 video views in the last 30 days
  • Have an account that abides by TikTok Community Guidelines and terms of service

You can apply. TikTok pays you for your content based on engagement and views. It’s not going to make you rich overnight, but it’s a great way to start earning for your creativity. Keep making content you love, and as your views grow, so will your earnings.

2. Brand Partnerships and Sponsored Content

How To Make Money on TikTok in 2024 12 Proven Ideas for Beginners

Source: eMarketer

Brands are always looking to tap into TikTok’s vibrant community. With a decent following, you can start collaborating with brands. They’ll pay you to promote their products or services in your videos. To attract brands, keep your content engaging and relevant to your niche. Remember, authenticity is key—choose brands that align with your values and that your audience will love.

3. Affiliate Marketing

Affiliate Marketing

Promote products from other companies and earn a commission on sales made through your affiliate links. Choose products that align with your content and audience. Share honest reviews and demonstrate how the products can benefit your followers. This way, you build trust and credibility, which can lead to higher conversions and more income.

4. Sell Your Own Products

 

Sell Digital Products

Got merchandise or products to sell? TikTok is a great platform to showcase them. Create engaging videos featuring your products and direct your followers to your online store. Platforms like Shopify make it easy to integrate your store with TikTok. Show behind-the-scenes of your product creation, customer testimonials, or unique ways to use your products.

5. Live Gifts and Donations

 

Host live streams and interact with your followers in real time. Viewers can send you virtual gifts, which you can convert into real money. The more engaging your live streams, the more likely viewers are to support you with gifts. Answer questions, share exclusive content, or just hang out with your audience—they’ll appreciate the personal connection.

6. Offer Consulting or Coaching Services

How To Make Money on TikTok in 2024 12 Proven Ideas for Beginners 02

If you’re an expert in a particular field, offer your services through TikTok. Share valuable tips and insights in your niche, and promote your consulting or coaching services. Use TikTok to build trust and showcase your expertise. Whether you’re a fitness coach, marketing guru, or cooking expert, there’s an audience waiting to learn from you.

7. Create and Sell TikTok Ads

 

Everyone’s on TikTok, so businesses are desperate to reach those eyeballs with their message. That’s where your TikTok ad-making skills come in! You know how to create ads that grab attention, are creative, and make people feel something, ditching the boring traditional ads. Build a portfolio showcasing your best work, network with businesses and influencers, and track your ad’s results to prove their worth. Think you can create ads that go viral? The TikTok world is waiting for you!

8. Crowdfunding Campaigns

 

Launch a crowdfunding campaign to support a project or cause. Use TikTok to share your story, explain the campaign, and encourage your followers to contribute. Platforms like Kickstarter or GoFundMe can help you manage your campaigns. Show progress updates and thank your supporters to keep them engaged and invested in your journey.

9. Exclusive Content Subscriptions

 

Offer exclusive content to your most dedicated followers through subscription services like Patreon. Share behind-the-scenes footage, tutorials, or personalized content in exchange for a monthly fee. This is a great way to provide extra value to your biggest fans and create a steady stream of income.

10. Partner with an influencer

Start a Dropshipping Business

As your following grows, so does your influence. Brands will start to approach you for sponsored posts and product placements. Focus on creating high-quality, authentic content to attract these opportunities. Be selective about the brands you partner with to maintain your credibility and trust with your audience.

11. Create a TikTok Course

 

If you’ve mastered the art of TikTok, why not teach others? Create a course on how to grow a TikTok following, create viral content, or monetize your account. Platforms like Udemy or Teachable make it easy to sell your course online. Share your tips, tricks, and secrets to help others succeed on the platform.

12. Freelance Content Creation

 

Offer your content creation skills to other TikTokers or businesses. Whether it’s video editing, scriptwriting, or creative direction, there’s a market for high-quality content creation services. Network within the TikTok community to find clients and showcase your talents.

13. TikTok Ads Revenue

How To Make Money on TikTok in 2024 12 Proven Ideas for Beginners 04

As TikTok continues to evolve, they’re exploring ways to share ad revenue with creators, similar to YouTube. Stay updated on new features and opportunities to earn from ads placed on your content. This could become a significant income stream as TikTok expands its monetization options.

 

 

Advanced Tips and Strategies

Analyzing Metrics
  • Using TikTok Analytics to Track Performance: Monitor your video performance and audience engagement.
  • Understanding Key Metrics: Focus on views, likes, shares, and other engagement metrics.
  • Adjusting Your Strategy Based on Analytics: Use data to inform and refine your content strategy.
Staying Up-to-Date with Trends
  • Following TikTok Influencers and Trendsetters: Stay informed about the latest trends by following popular creators.
  • Joining TikTok Communities and Forums: Participate in discussions to stay connected with the TikTok community.
  • Regularly Updating Your Content Strategy: Adapt your approach based on emerging trends and audience preferences.
Expanding Your Reach
  • Cross-Promoting on Other Social Media Platforms: Share your TikTok videos on Instagram, Facebook, and Twitter.
  • Utilizing Paid Ads on TikTok: Invest in TikTok ads to boost your reach and visibility.
  • Creating a Content Calendar: Plan your content in advance to ensure consistency and variety

 

TikTok provides enormous opportunities for creativity and monetization. You may earn from your TikTok presence by having a strong profile, providing high-quality content, and connecting with your audience. Stay up to date on platform changes, alter your strategy as needed, and experiment with new content ideas. Begin making and monetizing on TikTok today, and enjoy the path to long-term success.

 

FAQ:

 

How Much Money Do You Get on TikTok for 1 Million Views?

Wondering how much you can earn from 1 million views on TikTok? Typically, you can expect to earn between $20 to $40 from the TikTok Creator Fund. The exact amount can vary based on factors like engagement and your audience’s location. While this might not sound like a fortune, it’s a great starting point for building your income on TikTok.

How to Earn Money from TikTok Views?

Earning money from TikTok views is all about tapping into the right opportunities. Here’s how you can start:

  1. Join the TikTok Creator Fund: Once you have at least 10,000 followers and 100,000 video views in the past 30 days, you can apply for the Creator Fund directly through the app.
  2. Create Engaging Content: Focus on making high-quality videos that are fun, informative, or entertaining.
  3. Engage Actively: Use trending sounds, participate in challenges, and engage with your followers to boost your visibility and engagement.

How to Make Money on TikTok with 1,000 Followers?

You might think 1,000 followers isn’t much, but you can still make money on TikTok with a smaller audience. Here’s how:

  1. Affiliate Marketing: Promote products through affiliate links in your videos and earn commissions on sales.
  2. Sponsored Posts: Reach out to brands for partnerships, especially if you have a niche audience that aligns with their products.
  3. Sell Merchandise: Create and sell your own branded merchandise.
  4. Live Gifts: Go live regularly and engage with your followers, who can send you virtual gifts that convert to real money.

TikTok Monetization Countries

TikTok’s monetization features are available in several countries, including:

  • United States
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain

If you live in one of these countries, you’re in luck! You can take full advantage of TikTok’s earning opportunities.

TikTok Creator Fund

The TikTok Creator Fund is a fantastic way to start making money from your content. Here’s the scoop:

  • Eligibility: You need at least 10,000 followers and 100,000 video views in the last 30 days, and you must be 18 or older.
  • Application: You can apply directly through the TikTok app if you meet the criteria.
  • Earnings: Payments are based on video views and engagement, giving you a direct incentive to create great content.

How to Get Free TikTok Money?

While there’s no “free” money on TikTok, you can boost your earnings through a few clever methods:

  1. Participate in Challenges: Some challenges offer cash prizes or rewards.
  2. Live Gifts: Go live often, engage with your audience, and encourage them to send virtual gifts.
  3. Brand Campaigns: Join brand campaigns or contests that offer rewards for participation.

TikTok Monetization Requirements?

To start making money on TikTok, you generally need to:

  • Join the Creator Fund: Have at least 10,000 followers and 100,000 views in the last 30 days.
  • Be of Age: You must be 18 or older.
  • Create Compliant Content: Your videos must follow TikTok’s community guidelines.
  • Be in a Supported Country: Monetization features need to be available in your country.

How to Make Money on TikTok Without Followers?

No need to worry if you’re just starting out! Here’s how you can make money on TikTok even without a large following:

  1. Affiliate Marketing: Share affiliate links in your videos and earn commissions on sales.
  2. Offer Services: Showcase your skills and offer services like coaching or consulting.
  3. Sell Products: Promote and sell your own products or merchandise.
  4. Micro-Influencer Partnerships: Brands often look for micro-influencers to connect with niche audiences, so pitch yourself for these opportunities.

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