2 Views· 09/12/23· How to
How to Make Money on TikTok
Wondering how to make money on TikTok? How much money can you earn on TikTok? Can you make money on TikTok? We talk about making money on TikTok and how to earn money from TikTok videos.
#TikTok has taken the world by storm. TikTok is becoming such a profitable revenue source that many are keen to try it for themselves.
Senior Social Media Manager Minali from Kajabi discusses how to make money on TikTok.
Read the full blog here: https://kajabi.com/blog/how-to-make-money-on-tiktok?utm_source=youtube&utm_medium=organic&utm_campaign=blog
Pinning down an exact earnings potential on TikTok is nearly impossible. But, our research tells us that TikTok accounts with less than 100,000 followers generally make little to no money, while accounts with over one million followers can prosper and make money on TikTok.
Based on this, we know a few things. First, the amount you can earn varies wildly. Second, a TikTok account’s number of followers and engagement rate correlates with the amount of money a TikTok user can make. And lastly, you need to create consistent, quality content that both boosts and engages your audience.
3 Steps to Build a TikTok Following
So, how do you build an active following on TikTok? Let me say, it takes work. While filming a 15-second, 1-minute or 3-minute video is not rocket science, TikTokers need a certain energy to create quality content that stands out from the competition and gains followers.
Thankfully, there are several steps content creators can take to become a successful TikToker.
The first step is to develop your brand on TikTok. Think of your TikTok as an extension of your personal or company brand, so, you should have a solid understanding of what types of videos you’ll post, and once you do, be consistent.
Next, focus on creating content your audience wants to watch. To do so, grab your user’s attention, lead with emotion, and change up the topics and styles of your videos.
After executing your branding and content, you can begin to build a following, which is the true source of your financial success on TikTok. Engage with your audience daily through new content and consistent communication, and you should see your follower count rise.
5 Strategies to Make Money on TikTok
Apply to TikTok’s Creator Fund
Advertise Your Products on TikTok
Partner with an Influencer
Partner with a Trusted Brand
Accept Donations on TikTok
Own Your Brand: 3 Long-Term Marketing Alternatives
TikTok is an incredible marketing channel that can both build an audience and increase a business’s revenue. But content creators beware - it’s dangerous to solely depend on TikTok or any social app as your main marketing channel.
Why? Creators on social media apps will always face challenges like competition, new regulations, changing payment structures, and even app outages. This is why content creators must utilize sustainable monetization methods to ensure ownership of their brand and revenue sources.
A few long-term monetization options you should consider using are a professional website, an email newsletter, and selling digital products based on your expertise, like online courses. All three options are easy to implement, providing space for your audience to connect with your brand, and most importantly, can be monetized.
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