👨‍💻How do you make money on TikTok? The complete guide for 2023

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Social networks are constantly evolving and new ones are always appearing, but not all of them manage to be successful. However, when a social network manages to gain the favor of the public, its unstoppable rise begins and it transforms itself according to the needs and requests of the users.

TikTok is one of the most popular social networks of the moment and day after day it is enriched with new features, both for users and for companies. Today è It is possible to earn with TikTok and it is above all young people who take advantage of this opportunity, after having created a following of loyal and loyal fans. It is worthwhile, then, to find out more about TikTok's features that allow you to earn.




🧒 Who can make money with TikTok?Anyone who becomes a creator and is over the age of 18
🔗 Can you make money with links?Yes, both with affiliate links and direct links to sell your products or services
💰 How much does 100.000 followers earn?With a partnership you earn from 500 to 2.000 euros
🎥 How to earn more?Combining different monetization methods and remaining constant in the publication

TikTok: what is it and how does it work?

TikTok is a relatively recent social network, which at the beginning was mainly populated by children, but now has a user population between 16 and 28 years old. Users spend an average of 52 minutes a day on the social network, which has become an entertainment tool to always have with you on your smartphone.



The social network allows creators to publish only video content, while photos and texts are not allowed. The peculiarity of TikTok is the ability to edit videos by adding songs and music, so as to make the content more dynamic and interesting.


How to be successful on TikTok?

It may seem obvious, but to learn how to use TikTok like professionals and make money, you need to use it as much as possible, so as to become familiar with all its features. To be successful and popular in this young social network, it can be useful to know some little tricks and strategies.

· Create high engagement videos

Having many followers but few interactions doesn't help creators earn money, because inactive users don't add any value to the community, don't make donations and don't show appreciation for the published content. To make money with TikTok through collaborations with companies, you need to demonstrate that you know how to create videos with high engagement, i.e. a high rate of involvement of your followers.

· Interact and involve followers

We've seen the importance of creating high-engagement videos, but how do you engage users? It is necessary to create content that stimulates user interactions, for example through live, during which followers can also make donations to the creator to show their appreciation.

· Publish consistently

Publishing many videos and then disappearing from the platform doesn't help build loyalty among fans, who will soon forget about the creator, perhaps preferring those who publish videos more frequently. The publication of videos must therefore be constant, to keep the attention of the followers high.


· Match the most appropriate sound to the video

The funniest and most appreciated videos are those combined with the most suitable music and sounds, which enrich the content with meaning and irony. Although the production of the videos remains the most important part of the job, even the subsequent modifications with sounds and effects can really make the difference.



How do you make money on TikTok?

To make money with TikTok you must be at least 18 years old, while the public can also be made up of younger people. To withdraw the earnings, the account can be connected to a payment channel such as Paypal, taking care to first convert the virtual coins received as gifts from users into real money.

How to make money on TikTok? Here are 7 solutions:

Challenges, jokes, songs and dances are the heart of the content created by the creators, but you have to know how to make good use of them to earn. Creating content that users like is useless if you can't monetize this content. So let's see what are the main ways to earn through TikTok.

1. Sponsorships and Partnerships

Companies are well aware that social networks and influencers are an effective vehicle for advertising their products. For this they identify the creators who have an audience that is close to the target customers and enter into agreements with them. In exchange for money and products, influencers create ad hoc content to promote the products, possibly in a playful and amusing way. In this way, an influencer with a following of at least 100.000 followers can earn from 500 to 2.000 euros for published videos.


2. Earn with live

Going live is the best way for a creator to engage with their followers and receive donations live through digital currencies convertible into real money. Only creators who have at least 1.000 followers can go live. To earn more, for example, you can start a challenge only when you reach a certain number of stickers or coins. 1.500 donated coins correspond to around 100 euros.



3. TikTok Creator Fund

How do you make money with TikTok through views? Anyone who has at least 10.000 followers and has reached 30 views in the last 10.000 days can access the creator fund created by TikTok. In this way the creator is paid through views. Every 1.000 views correspond to a profit of between 0,01 and 0,04 euros, so it is necessary to generate a very large number of views to earn good money. On average, you earn about 15 euros from a widely viewed video, but you need to publish many interesting videos consistently to generate satisfactory earnings.

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4. Affiliate marketing

La promotion of products on TikTok can also take place through affiliate links created ad hoc. Every time a user clicks on the link and then buys, the creator earns a commission that is recognized by the company. For example, the same link can also be used on other platforms and social networks, so as to adopt a multi-channel strategy.

5. Sale of products

There are not only affiliate links, but also i links that lead to a sales page which may be of interest to followers. For example, if the creator makes handmade jewelry, he can use the links to take users to the web page where the jewelry is on sale. This way you can sell products of all kinds.

6. Flipping account

The practice of account flipping consists of creating TikTok accounts that grow slowly. As soon as the account has achieved moderate success, the creator can sell the account to those who don't have the desire and patience to grow an account from scratch. Some sites specialize in selling TikTok accounts, in fact there is a very dynamic market.

7. Influencer marketing

The last way to make money with TikTok is actually the best known and is represented by influencer marketing. Influencers recommend products that they have personally used to their users and are paid for this by the manufacturing companies. Earnings depend on the number of followers, the interaction rate and also on whether or not the influencer is verticalized on a certain sector (for example hair or musical instruments).

How to make money on TIkTok if you are a company?

Most social networks were born from the simple idea of ​​promoting socialization between users, but they have also become very powerful marketing tools and TikTok is no exception. Companies have quickly realized that they can sponsor their products through ad hoc created content and that blend in with users' videos, so as to increase sales.

Sponsored content is often accompanied by the wise use of influencer marketing. A contract with a successful influencer can cost the company a lot, but the economic return can be much greater.

How Much Can You Earn on TikTok?

We've seen that it takes a really big number of views to make money worthy of the name, but there are excellent examples of influencers who have managed to make a lot of money with videos on TikTok. The US creator Addison Rae would have earned 5 million dollars by generating a very high number of views, but it is certainly an extreme case.

It is clear that reaching these numbers is really difficult, especially for the smaller Italian market. Earnings depend on the consistency of video publication, on the ability to create unique videos capable of going viral and obviously on the time dedicated to this activity, which it can become a real job.

Combining different ways of earning can also be useful for growing income. For example, influencer marketing can also be combined with live broadcasts, the fund for creators and affiliate marketing. The combination of these tools can become the winning recipe for making good money on TikTok.

Conclusions

TikTok is not only a social network that connects us with other people, but it can also become a tool for making money by creating creative videos. The barrier to entry to carry out this activity is very low, as long as you put aside your shyness and let your creativity work. In fact, the playful aspect of videos should not be deceived because companies pay very well smart creators, capable of entertaining the public and involving followers.

FAQ

How to make money with TikTok?

The tools to earn are different and include influencer marketing, the fund for creators, affiliate marketing, product sales, live broadcasts, account flipping and sponsorship of videos created ad hoc for partner companies.

How to be successful on TikTok?

How much do you earn with TikTok?

A partnership with a company can net creators with 100.000 followers anywhere from €500 to €2.000. Earnings depend on the monetization method chosen, the number of followers and the engagement rate.

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