Can you really earn money on TikTok in 2023? It’s possible, but not how you might expect. That’s why I’m excited to share the top 10 ways you can earn money on TikTok - even with a small audience - ranked from lowest to highest earning potential.

And stick around until the end when I’ll share a few bonus strategies to help you maximize your earnings on any platform, not just TikTok.

👉 Download our free Online Course Toolkit to access all the tools I use to run my 6-figure business: https://witandwire.com/coursetoolkit-youtube

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In 2020, TikTok announced a 200 million dollar creator fund to, “encourage those who dream of using their voices and creativity to spark inspirational careers.” They’ve now pledged to build this up to one billion dollars by 2023.

The Creator Fund is now part of a larger umbrella TikTok has formed called Creator Next, which includes all of their creator monetization tools. TikTok has a lot of native monetization features inside Creator Next, and I’ll cover all of them in this video, including the newest announcements and updates.

TIMESTAMPS :
0:00 - How the rankings work
0:42 - Direct vs. Indirect Monetization
2:15 - The TikTok Creator Fund
4:33 - Tips
5:34 - TikTok Video Gifts
7:38 - Selling merchandise
8:29 - Sponsorships
10:42 - Affiliate marketing
12:41 - Freelance services
14:08 - Coaching & consulting
15:25 - Selling physical products
16:14 - Selling digital products
17:11 - Bonus tip #1
18:29 - Bonus tip #2

REFERENCES:
https://newsroom.tiktok.com/en....-us/1-billion-people
https://www.tiktok.com/creator....s/creator-portal/en-
https://www.hitc.com/en-gb/202....1/03/31/how-much-doe
https://influencermarketinghub.....com/influencer-rate
https://influencermarketinghub.....com/tiktok-money-ca


ABOUT WIT & WIRE:
Hey, I'm Melissa! I'm the founder of Wit & Wire, where I demystify technology and share simplified strategies to help creators turn their skills and passions into profitable online businesses.
🔴 YouTube: https://witandwire.com/youtube
🟢 TikTok: https://tiktok.com/@witandwire
🟡 Instagram: https://instagram.com/witandwire
🟣 Podcast: https://witandwire.com/podcast
🔗 Website: https://witandwire.com


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