Tiktok is one of the very popular social media platforms that specializes in producing entertaining contents and short videos. Content creators utilize the video sharing app in a lot of ways which includes growing a huge audience, followers and most especially for generating income.
Anyone can become a content creator on Tiktok, and start making money from the platform. All you need is just quality contents, which will help you to grow a good audience, then you can start making your money through several means available.
How Much Money Can You Make On Tiktok?
The amount you can make on Tiktok really depends on the amount of quality works you are able to put in. However, estimates suggest that a content creator on Tiktok with about 100,000 followers can be making about $200 to $1,000 per month.
What Are The Ways To Make Money On Tiktok?
There are different ways to make money on Tiktok, some of these include Tik-tok Diamonds – Content Creation, Affiliate Marketing, Print On Demand And Merchandise, Flipping Tick-tock Accounts, etc.
1. Tik-tok Diamonds – Content Creation
This is one of the quickest ways to begin to generate a significant amount of money on Tiktok. I have a certain number of followers on one of my tiktok accounts by just making short videos in order to bring people over to my channel.
Therefore, all you are required to do is have a thousand followers, you can go live with your followers and they can actually donate coins to you.
These coins eventually turn into something that is referred to as a diamond, those diamonds can then be converted into cash via a certain payment method.
According to the Tiktok virtual item policy, it is required of you to be at least 18 years or older to purchase the coins and some other requirements.
It’s really weird how some people make thousands of Naira by just going live and talking to people for an hour. Meanwhile, this is one of the first ways you can actually monetize and make money with your phone in Nigeria, there are several others on the list.
2. Affiliate Marketing
Perhaps you have a specific type of niche that you are willing to work in towards starting a Tik-tok account, affiliate marketing is one of the best monetization methods.
In simple words, Affiliate marketing involves promoting someone else’s product and you gain a commission by doing so in return. To do mthis:
- Get a good affiliate product to promote.
- Attach your affiliate link to your Tiktok.
- You can simply create another page or a landing page that will lead your audience to the products.
- A huge amount of followers on Tiktok is not necessary for you to utilize this method.
- The rate at which your audience purchases these products will determine your commission.
It’s as simple as that, do not complicate things by making the procedures difficult for yourself. Get your Tik Tok account to a significant amount of followers and apply for a monetization program.
3. Liking And Making Comments On Tiktok Videos
There is a chance for you to make money on this social media platform by having to face a significant number of requirements.
Although, liking and dropping comments on every single Tiktok video you come across on your timeline might be strenuous work. Making a significant amount of money via this method requires a full dedication of time.
4. Print On Demand And Merchandise
You can create print on demand products on a website and eventually promote on your Tik Tok app. There are different types of products you can design and promote ranging from t-shirts, pat bags, shoes, stickers and many more.
Requirements
- Packaging and shipping and making of the shirts is done by your social commerce platform. (For example – Teespring).
- You will only be responsible for pricing and the designing of the merchandise.
- You can definitely promote and sell the items on Tik-tok and then make money with print-on-demand.
5. Flipping Tiktok Accounts
Flipping Tiktok accounts involves buying and selling of already developed tik-tok accounts. You can decide to make money on Tiktok by simply growing Tiktok accounts for specific clients and getting paid after putting the account for sale.
Nevertheless, you will be required to make strategic plans to grow the audience of your clients account either by producing attractive contents or any other strategies that’s easier for you so long as it attracts a significant amount of followers.
