How to Make Money with TikTok 2020

You must know what TikTok is. If yes then today this article is going to be very useful for you.

We know that there are many of our readers who use TikTok, but they do not know how they earn money on TikTok. Yes, friends, this is probably because TikTok is not as popular and a stable platform as YouTube. At the same time, they do not even have their own ads service like Google Adsense.

So many people still feel that they cannot earn money from TikTok because there is no service of ads available in it. Just to remove these double from your mind, this excellent article is presented today with ways to earn money from tiktok.

So let’s go ahead and get detailed information about the methods that you can use from today, how to earn money from Tik Tok video. Then let’s start without delay.

How to make money with TikTok

Perhaps you too must have wondered at some point whether money can be earned from a video platform like TikTok. Then the answer is yes. If you consider TikTok as a business then surely you can earn a lot of money from it like a professional.

For this, you will not have to wait till the age of 18, yes if you are under 18 years of age then you can do this with the cooperation of your parents. This is absolutely legal.

1. Make Money Through Gifting

Before TikTok it was the era of Musical.ly, where its live streaming platform became very popular among people.

Even though Musical.ly has changed its name to TikTok but its live-streaming features are also popular but now it is being called Go Live. At the same time, for a TikToker at least he needs 1,000 followers to live-stream.

At the same time, when you are live streaming, then your followers gift you coins if they like your videos. Once you have collected a lot of coins, then you can convert them into real money. You can consider these coins as the virtual currency of TikTok. In this, TikTok users have to buy these coins. At the same time, their price depends on the pack size of the coins. After buying, they store these coins in an online wallet.

At the same time, if they like the performance of any Tiktokers, then they give them these coins in the gift when they perform live. At the same time, TikTok and Google/Apple charge some of this coin.

Users can also buy some Emojis or Diamonds by using those coins. Diamonds are more valuable among them. At the same time, only a user provides them to a tiktok creator when his performance is best. Performers can redeem those gift points whenever they want, with a maximum limit of $1,000 per day.

2. Brand Partnerships and Influencer Marketing

TikTok is also not much different from the rest of the social platforms. If you are a popular tiktok creator, then soon you will come into the eyes of brands. While they will start to approach you, at the same time they can ask you to partner with them through influencer promotions.

If you follow a lot of followers and you have many hearts on your videos on a regular basis. Then there is a lot of hope that you will approach many brands and together they will examine your entire activities. Those companies provide you very good money in brand partnership. In this, you just have to promote the products of that brand in your videos. Nothing more has to be done.

One thing to note is that all these promotions should not look like a promotion at all. Rather it should use a natural product. This causes users to attract naturally towards that brand. In this way, you can easily earn good money by doing a brand promotion. For which you do not have to approach any brands, instead they approach you on their own.

3. By participating on Brand-Sponsored Events

Many TikTokers earn good money by participating in the off-platform. This will happen only if you have a very good reputation on the TikTok platform. Brands approach those popular creators and invite them to come there.

They provide you a lot of money just to be there. For example, if you are a good musician, then in such a situation you can also sing a song in that event. Which will give you good exposure along with money.

4. By Selling Merchandise

If you have a very good support base on TikTok, then in such a situation you can set up your own Shopify eCommerce store and there you can sell your merchandise to your audience.

If you spend some time in this field then you can become a good marketer. With which you can create a brand by using your TikTok imagery and you can sell that brand in the form of merchandise. Just you have to adopt some such things within your brand which are a little unique and which people of today like to use more. Such as t-shirts, bands, bracelets, etc.

At the same time, keep in mind that your TikTok followers do not come to see ads here. So you have to upload such videos in which you also promote your merchandise in these videos but in a more attractive way. At the same time, you can bring a little variation in your selling like you can start affiliate marketing. Wherever the seller sells your products, give them a good commission so that more sellers join you.

Apart from this, you can also use discounts and deals to increase your sales. So that more people buy your products and you can earn better than that.

5. Through Gifts

If you have a lot of fans, followers, then the company sends you a lot of gifts. This can also be a means of earning for you.

6. Cross-Promote with other social networks

This is a very old way to divert your viewers from one platform to another. So that you can make full use of your viewers.

It means that if you have a great following on TikTok, then by using this platform, you can increase the following of your Instagram, Twitter, YouTube, Facebook. Because it has been seen many times that most TikTokers also have successful YouTube channels.

In such a situation, you can increase your social media following. Also, you can cross-promote your merchandise. So that it can be easy to get your brand recognition.