The good thing about Tech Giants and their platforms is that they offer us the opportunity to earn some good money. TikTok without being top on the ranking of social media platforms also offers its loyal users the opportunity to earn passive income by sharing their passion on TikTok. Just like YouTube, the main contents on TikTok are videos.
So, you just create awesome videos of comedy, dancing e.t.c then post them in your TikTok account to build your TikTok account until it’s ready to be monetized. Not to worry, we will show you how to get your TikTok account monetized in this article. Just read till the end and follow the processes closely to successfully monetize your TikTok account.
How to Monetize Your TikTok Account
1. Apply for TikTok Creator Fund
TikTok Creator Fund is an idea created by TikTok to reward creators on their platform who do what they know how to do best which is sharing their passion. As a result, if you intend to start earning good money on TikTok, you should consider applying for TikTok Creator Fund. Below are the requirements you must meet before you apply;
• You must be 18year and above.
• You must be a resident of any of these five countries U.K, France, Spain, United States, and Germany.
• You must attain total video views of 1,000,000 in the last 30days.
• You should have at least 10k followers on your TikTok account.
• Your account must abide by all the rules, terms, and conditions on TikTok.
If you have all of the above listed five requirements or criteria, then you are qualified to apply for TikTok Creator Fund. Go ahead and apply to make good money on a monthly and yearly basis.
2. Collaborate with Influencers
This idea is going to favor business owners who are working and want to promote and advertise these brands using TikTok. Yes, business owners can collaborate with Influencers who already have the target audience and location where they can get customers for their products.
The good news is that collaborating with Influencers to advertise a product is cheaper and more profitable than running advertisements on Facebook, Twitter, TikTok, or Email Marketing. You see, the thing is these influencers already have loyal fans who worship them like gods already, so when they help you run adverts on their accounts, you have a greater chance of getting instant customers. So, what are you waiting for? You can make a lot of money and profits from your business by simply telling TikTok influencers possessing your target audience to help you advertise your splendid products or services.
3. Use TikTok to Advertise Your Products
This method of making money from TikTok is still for business owners who have something to sell. You can advertise your products directly on TikTok by yourself if you have enough followers. Just do clear and splendid videos showing off your products and talking about how good these products are. If your followers find your adverts intriguing, they will share your posts and this will make you more dollars $$.
You can also run TikTok ads on TikTok. Here is how it works, you set up a responsive advertisement on TikTok, with Call to Action, and pay TikTok some good money to advertise for you and if you’ve done your TikTok ads settings well, you would get conversions and sales.
4. Get Enough Followers and Run Sponsored Ads on TikTok
Even if you don’t have any business to promote using TikTok and you are not residing in any of the five countries qualified to access TikTok Creator Fund, you can build your TikTok account, get enough followers, and do sponsored posts for a company matching the kind of things you share on your TikTok account.
For instance, if you usually share sports content and videos on your TikTok account, you can run advertisements for companies producing sportswear, that way it’s easy to get sales for your clients. Don’t wait for companies or individual business owners to contact you first, you can always leave a short note on your TikTok account suggesting that you can run advertisements for interested business owners and companies.
Generally, making money online whether on social media, websites, or forums isn’t easy. You need enough followers and an online presence to achieve that. So, just make sure you give out enough good vibes and values which would leave people with no other choice than to follow you.
The power of making money on any online platform is in the people that follow you.