You have heard the name TikTok and spend a lot of time each day using TikTok. You tend to want to make money online with it, but do not know where to start, how to catch the trend of making money on TikTok, which is extremely popular?
Please read the article carefully because we will reveal to you the ways to make money from TikTok right away.
1. What is TikTok?
Tik Tok (Douyin: means a short video), is a tool to help users create short videos with many sound effects and very good entertainment capabilities.
With TikTok, you can create and edit your own video and share it for everyone to see easily.
Therefore, Tik Tok has formed a trend of Chinese youth, when plenty of young people have used and uploaded their videos to popular social networks.
TikTok has developed quickly and received a lot of love from the young people from Asia to Europe and America.
TikTok’s beginning is an app called Douyin, which is basically a Chinese version of TikTok. This version still exists in parallel with TikTok and is subject to strict censorship by the Chinese authorities. The whole world can access and use TikTok, while China is only allowed to use Douyin.
>> See more: The pitfalls while starting a business.
2. What do you need to start making money from TikTok?
To make money from TikTok, you need to have a TikTok account. The steps are as follows:
Step 1: Set up a TikTok account
Sign up for an account here: https://www.tiktok.com/en
For your account to gain followers, you need to create content that people will love and welcome. Your TikTok content creation motto should focus on growing followers as much as possible with short videos.
Think about funny videos more than educated ones because most views want to find something fun, stressless on TikTok.
Step 2: You should make trendy videos on the internet
You can update current trends through Facebook, social networks or newspapers, and popular youtube videos to satisfy customer psychology.
Step 3: You should link your YouTube and Instagram accounts with TikTok
Linking these accounts together helps you increase the audience reach for your TikTok videos.
Step 4: Make sure your video reaches a wide audience
If your video is compelling, your views and followers will skyrocket. Similar to Facebook or Instagram, you should add hashtags related to the videos you are posting to increase the visibility of your content.
Step 5: Navigate users to monetize TikTok
Once your account gets a decent amount of tracking, you can redirect your content to monetized content.
What is content monetization? Let’s find out in the next.
3. Six simple ways to make money on TikTok
3.1. Brand promotion
Brand promotion is a very popular way to make money on Instagram and Facebook. You can experience products of a certain brand, then post reviews on TikTok with catchy songs, related hashtags.
Sharing your feelings when using a product is a way to help you become an advertiser for that product, an intermediary between the seller and the buyer.
Of course, you also have to be a certain influence on social networks. At that time, brands, manufacturers will actively find you, the salary will be commensurate with the number of fans and your influence.
However, choosing the right product is also very important because it will directly affect your image. If the product you promote is not as good as what you say, you will destroy your effort.
3.2. Link your TikTok account to other social networks
Since a TikTok video is very short, limited to only one minute, it is difficult to insert promotional videos, so making money from TikTok advertising is not possible.
However, you can still take advantage of your popularity to appeal to fans through other social networking sites such as Facebook, Youtube.
Or you can use another popular form like a live stream, where you can play games, socialize, sing with fans and earn more from the viewers’ donations, both increase income and interaction for your account.
3.3. Selling the products you have
If you have a strong fan base, do not waste it, take advantage of selling the products that you have or want to sell.
If you have items that you can trade, which are products you manufacture yourself such as pants, shirts, hats, hats with your logo and name printed on them, or products that you imported for trading, you can share them on video and get everyone’s support.
3.4. Receive donation via livestream
TikTok has updated the livestream feature, allowing you to interact directly with fans right in the app. Douyin (Chinese version of TikTok) also helps viewers donate items purchased in the store. The items will be exchanged for money, and deposited into your account.
Currently, TikTok in some countries has not allowed showing the livestream feature inside the app; however, in the near future, this feature will appear, if you are planning to increase your income can refer to this way.
3.5. Link to the shopping cart inside the app
This feature is popular in Douyin. Douyin allows you to open your own store inside the app to boost your online shopping. At that booth, you can link up with a Taobao store to sell your products.
After finishing your video, the product will appear and be linked to your store, buyers can see more products on the shelf.
The potential of e-commerce is enormous. Thus, TikTok will soon update this feature for most countries.
3.6. Advertise your brand
There are two ways you can advertise your products, one is to introduce yourself to your product, the other is to become a partner of TikTok Ads.
If you are recommending your products on your own videos, it can be difficult to get effective because your videos may be less visible to people in need. Your content needs to be creative and natural to create an impressive impact for viewers.
On the contrary, when you become a partner on TikTok, your product will be displayed in the right place, at the right time, thanks to TikTok’s analytical system. However, TikTok Ads is quite expensive, you should consider whether to invest or not.