How To Make Money On TikTok In 2023 (Step by Step Guide)

How To Make Money On TikTok

Making money on TikTok has become very popular. And how to make money on TikTok is also very easy.

There are tons of TikTok influencers making millions of dollars on yearly basis.

To make money on TikTok, you have to sign up on their app. You can also sign up on other apps to watch TikTok videos.

There are so many TikTok celebrities that are earning millions of dollars every year by just posting short videos on the hugely popular social platform.

TikTok has grown incredibly fast over the years. How to make money on TikTok in Nigeria, how much money do you get on TikTok for 1 million views, how to make money on TikTok with 1,000 followers, how many followers you need to make money on TikTok? and more will be explained below.

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Tips On Getting Paid On TikTok

There are some tips that will help in making your account monetized. Some of these tips include;

  1. One of the big morals of any social media platform is being authentic. Once you are authentic your followers will appreciate it and help you grow more.
  2. Be transparent. To let you know how important this is, TikTok’s branded content toggle adds a disclosure for you (#Ad), so make sure you use it when appropriate.
  3. Seek for your favorite content creators to get inspiration and start from somewhere if you are lost.
  4. Don’t give up. Nothing good comes easy. Once you continue trying, it will eventually pay off.

How To Make Money On Tiktok 

Like I said earlier, there are many ways to make money on Tiktok, and I will be listing some of them below;

  • Join The TikTok Creator Funds
  • Selling Products Through TikTok Shopping
  • Participate In Affiliate Programs
  • Grow And Sell TikTok Accounts
  • Promoting Songs
  • Life Gifting
  • Become a TikTok Consultant
  • Become A Brand Ambassador

Join The TikTok Creator Funds

If you are a member of the TikTok community and you have made a large number of followers on the platform then you can make money on TikTok through the TikTok creator fund.

This is one of the many ways to make money on TikTok views.

Also, note that you can only make money this way on TikTok if you have already gotten lots of followers.

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Although there are many criteria you need to meet before you can earn money through this TikTok creator fund.

Some of the requirements include;

  • Participants must be up to 18 years old.
  • You must be based in the US, UK, France, Germany, Spain, or Italy.
  • A minimum of 10,000 followers is required.
  • Your videos must have had 100,000 video views in the last 30 days.
  • The participant’s account must adhere to the TikTok Community Guidelines and terms of service.

Selling Products Through TikTok Shopping

To empower businesses on the platform, TikTok introduced TikTok shopping in 2021 to help business owners that are on the platform to sell their products directly.

With this new addition to TikTok, you don’t need to direct your customers to other platforms to view your products.

You just have to advertise your goods on the Shopify catalogs and also link your products to your organic videos.

Grow And Sell TikTok Accounts

Do you know you can grow TikTok accounts and sell them to businesses that do not have time to grow them from scratch?

Before you start building TikTok accounts that you want to sell, you have to first make your choice on the theme or niche of the account.

You need to be certain to know the niche that sells higher. You also need to be committed to it by uploading videos on regular basis.

Participate In Affiliate Programs

You can also make money on TikTok by just advertising other people’s goods on your bio on the platform.

When you advertise another person’s products using affiliate marketing, once you make sales you will get a stipulated percentage.

Imagine making a whopping sum without having any goods at all. It is also easy.

Here is how to make money on TikTok using affiliate marketing;

  • Place an affiliate link in your profile—then direct traffic from your organic views to click the link.
  • Redirect traffic to your Facebook, Twitter, or Pinterest account where you can more generously place affiliate links.
  • Paste coupon codes and URLs in your video descriptions. Users will have to copy/paste the link into their browser.

Promoting Songs 

Why waste your talent if you can lip-sync and dance very well? Most of the videos that are streamed on TikTok have a song that is played in the background.

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If you are still new to TikTok, you can build your account by mimicking some of the top TikTokers.

But if you are already in the system and have enough engagements and followers, musicians can pay you to promote a particular song that they just released.

Because when their songs go viral they have a high possibility of selling their concert tickets.

How To Make Money On TikTok In Nigeria

Life Gifting

This is one of the best ways how to make money on TikTok and one of the ways to make money on TikTok live.

Almost all other social media platforms have the feature that allows you to go live on their app.

But the amazing thing about the live stream on TikTok is that they allow you to receive gifts in form of appreciation from your fans.

These virtual gifts can be redeemed for real money. Before going live, there are a few things you should consider;

  1. You have to pick the right time by checking the time most of your followers are online.
  2. You have to make contents that will allow you to stay live longer even though all your fans won’t stay till the end.
  3. Use TikTok’s hashtags to increase the reach of your videos.
  4. Make sure your internet connection is steady, your ring light is in good condition, and your phone or any videoing device is in order.
  5. Remember to always block, mute, and filter some comments that may cause any form of distraction to you during your live stream.

Become A TikTok Consultant

With TikTok being one of the most popular social media platforms, a brand consultant is also one of the sought-after professions.

Anyone can become popular online with just one video going viral overnight.

That is why many brands demand a consultant that will help them build their presence and grow traffic to their TikTok accounts.

To become a TikTok consultant, you need to have millions of views for every video you post so that brands will be able to trust that you can do the work.

Become A Brand Ambassador

Another way how to make money on TikTok is by becoming a brand ambassador.

If you are opportune to become a brand ambassador, you will be able to receive products in exchange for a fixed number of videos weekly depending on the deal.

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If your videos are mind-blowing and you have a lot of followers then the deal gets even juicier.

Search for brands that offer good deals and start your journey.

FAQ On How To Make Money On TikTok

Some of the frequently asked questions on how to make money on TikTok are listed and answered below;

How Much Money Do You Get On TikTok For 1 Million Views?

If you have reached the level where you get up to a million views or you want to know an estimate on what to expect if you are yet to get there.

Here is the amount of money that you make on TikTok if you get a million views;

It’s estimated that the creator fund pays around 2 to 4 cents per 1,000 views. Therefore a creator who received one million views could make between $20 to $40.

How To Make Money On TikTok With 1,000 Followers

As I stated earlier, it’s been estimated that you can make 2-3 cents per 1,000 views.

Imagine growing your audience to be up to a million or more, therefore for every video you post you will be getting thousands of views.

Also, most influencers make money on TikTok by developing direct partnerships with other brands and creating branded content (i.e. an #ad)

How Many Followers Do You Need To Make Money On TikTok?

Making money on TikTok is easy and not also easy. You need at least 10,000 followers before you will be able to join the TikTok creators fund.

Do You Have To Be Verified To Make Money On TikTok?

NO. Like other social media platforms, if you have a verified account on TikTok, you’re more likely to get sponsorship deals from different brands.

But TikTok does not pay its verified creators.

Conclusion On How To Make Money On TikTok

How to make money on TikTok, how much money do you get on TikTok for 1 million views, how to make money on TikTok with 1,000 followers, and how many followers you need to make money on TikTok? have been carefully explained above.

We are here to give you the best. Read carefully to start making it big on TikTok today.