How to Make Money on TikTok in 2020 (5 Simple Ways)

Imagine, If there are some simple ways to through which TikTok starts paying you and you can actually make money on TikTok.

or even better:

What if there are such 4 ways to do that.

... and each of them could generate more and more money for you.

Lucky for you, That's what I'm going to share with you in this article:

make money on tiktok

There are such 4 simple and easy ways to make money on TikTok that you can use to start making money from TikTok today!

Stay Tuned!

Can you really Make Money On TikTok?

My Clear Answer to this Question is, YES!

Many Peoples become famous after their videos get viral on TikTok. But, How do they make money on TikTok?

Many of them, use TikTok only for fun purposes. And they have no idea that they can easily make a lot of money through it.

Unlike Youtube and Dailymotion, You can't place an ad unit on your account and earn Ad revenue through it.

So, let see what are those 4 simple and easy ways to make money on TikTok.

You May Also Like: How to make money on Snapchat (Step-by-Step)

How to Make Money on TikTok?

Here I discuss only 4 major and simple ways to make money on TikTok.

Here's the deal:
  1. Influencer marketing
  2. Affiliate Marketing
  3. Sell your Own Products
  4. Make Money through Live Streaming
  5. Shoutouts for Money

Let's discuss them one-by-one:

1. Influencer Marketing

Influencer Marketing is not a new term. However Many peoples are tried to saturate it and make it more and more complex.

Some Peoples who want to become an Influencer, Just buy some fake followers and hopes for good.

This is not the right approach.

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Businesses only want to collaborate with peoples who have actual organic followers and also they are engaged. 

TikTok popularity is on a peek nowadays. thus many businesses are in search of TikTok Influencers to promote their business.

If you have good TikTok followers, then you can start Influencer Marketing to Monetize your Followers and to make money from it.

But the question is:

How many followers are needed to Became an Influencer?

Since competition is increasing day-by-day, At least 10k followers on TikTok are needed for brand deals.

If you want to increase your TikTok Followers and Likes, You can Watch this Video:

I hope you watch this video and now you can start increasing your followers (or so-called fans) on TikTok.

Now, after you have a decent number of followers on TikTok, Many Brands are started reaching out to you for a brand deals.

But, I recommend, don't wait for brands offers, instead go yourself to brand with your offer. this increases your success graph.

2. Affiliate Marketing

Now, Affiliate Marketing is also a good option to monetize your TikTok followers.

Many of you want to start with Affiliate Marketing and many of you not.

I know, many of you are already aware of 'What is affiliate marketing?'

When someone buys any product (or service) through your unique affiliate link, you get paid some commission for that sale.

If you thought, you have a loyal fanbase on TikTok, then this might be the best option for you to make money from TikTok.

make money from tiktok

You can recommend different products to your audience and ask them to buy from your affiliate link.

Let's calculate something:

Let say, you have 10k followers on TikTok and only 1% of them i.e only 100 peoples make buy through your link.

Then also you can make around $500 to $2000 per video.

Influencer marketing can pay you a fixed income but, Affiliate marketing has a lot more potential than that provided your content is good enough.

This also depends on the number of engaging followers you have on TikTok. You can even scale your earning easily.

If you don't want to sell other products and if you have your own then let see how you can use TikTok to promote it.

3. Sell your own Products

If you have a loyal and crazy fan-base on TikTok then, you can successfully sell your stuff (any product or service) to your fans.

You can sell anything like T-Shirts with your logo or image or even with your Signature can work well. 
Also, you can sell any other arts with your sign on it.

The Best Part:

You can keep 100% sales in this way, which is nearly impossible in Affiliate Marketing.

Also, one more benefit is, here you have a right to choose your price and you can also increase it as your brand get more and more popular.

But, here you need to handle some other kinds of stuff like packing, payments, shipping, etc.

4. Live Streaming

Hey, do you know, how peoples make money from Twitch live streams?

Some followers pay some money as a tip to the creator for creating valuable content for them. this tip varies according to the donor.

make money on tiktok

You can do this same thing on TikTok with (Moved to App.

Your fans need to purchase some TikTok Cash with their real money with In-App Purchases.

They can give this money to you for your content (If they like your content) during live streaming. And you can convert that TikTok cash into real money.

This is the best way to earn some money on TikTok for those, who have great content but not so many Followers.

Let's move further:

5. Shout-Outs for Money

This is one of the best, easiest and full-proof way to make some quick money from TikTok.

If you have so many followers on TikTok (more than 25k) then you can make money by promoting some other channels in your TikTok videos.

make money on tiktok

Let say, you have 100k followers on TikTok. If anyone with a smaller number of followers wants to increases their fan-base can reach out to you and ask for either shoutout or collaboration.

You can charge that content creator according to the number of followers you have and engagement with your content.

With 100k followers, you can charge up to $100 to $200 dollars. again it depends on you.

Final Words

I hope you like this article about "How to make money on TikTok".

Now, I want to hear from you:

How many Followers you have on your TikTok account? 

Which way are you most excited to try?

Is it Live Streaming or Affiliate Marketing?

Let me know in the comments. Also, P.S Share this Article with your Friends and Family.

Have a nice weekend!

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