Innovative ways to make money from TikTok in an easy and effective way

 How to make money from TikTok in easy and effective ways

  NewReach's Creative Commons Revenue Report 2024 highlights the typical salaries of influencers and content creators. The data in the report show that the average salary of TikTok influencers ranges from $15,000 to $25,000, with one-third of the influencers receiving full-time pay.

In a world dominated by short videos, mastering TechTalk’s income-generating techniques can be a game-changer for content creators, allowing them to make money doing what they love.

Some of the top users of the platform have earned millions of dollars with their presence on TikTok, and with many ways to generate revenue from TikTok, it can be difficult to decide which path to follow. This article explains how to make income from TikTok.

: Ways to monetize TikTok

The TikTok Creator Fund allows creators in supported countries to monetize videos longer than one minute. The fund is ad-free and grows with the success of your channel, taking into account factors like views and audience engagement from your actual account. To participate, you must be a resident of a supported country, have at least 10,000 followers, have 100,000 total views in the last 30 days, and adhere to TikTok’s guidelines and terms and conditions. Earnings are paid in your Creator Fund dashboard approximately three days after views are accrued, based on view counts and engagement metrics, and are transferred 30 days after the end of the month. Very effective ways to make money from TikTok for content creators:

1- Exclusive content

2- TikTok referral rewards

3- Live stream subscription

4- Video gifts

5- Live stream gifts

6- TikTok store

7- Collect tips

8- Affiliate marketing

9- Collaborate with other content creators

10- Partner with sponsors and brands

11- In-feed video

How much can influencers earn on TikTok ?

And now we will learn about each method separately!

1- Exclusive Content:

TikTok has released “TikTok Series,” a feature for creating premium content with subscriptions. Series can cost anywhere from $1 to $190, and contain up to 80 20-minute videos. Set a price based on the value of the content, start promoting, and apply for access to creators.

Accounts must be 30 days old, have 10,000+ followers, 3+ public videos, and 1,000+ views in 30 days to apply.

2-TikTok Referral Rewards:

TikTok Rewards is a referral program that rewards users for referring friends and family to TikTok, as long as they have a TikTok account and meet the age requirements. Users in some countries can invite up to 100 new users per day, while there is no cap in other countries.

However, in order to receive rewards, the user you refer must not have downloaded TikTok or created an account in the past.

3- Livestream Subscription:

Last year, TikTok launched Livestream Subscription, a monthly subscription service for live streaming to boost creator revenue and provide additional benefits to loyal followers.

Followers pay to subscribe to the monthly subscription service, which gives them access to exclusive benefits such as exclusive content, subscriber badges, custom emojis, subscriber-only live streams, chats, and videos.

Currently, there is no fixed subscription fee, but subscribers are expected to pay between $5 and $25. TikTok pays creators through revenue sharing, so how much they earn depends on the number of subscribers they have.

To earn, you must have at least 1,000 followers and have broadcasted at least 30 minutes in the past 28 days.

4- Video Gifts:

Similar to livestream gifting, video gifting is another way for viewers to engage with your content and show their appreciation. With video gifting, you can collect diamonds through videos and get TikTok money or virtual rewards in return.

To enable the video gift option, you must have at least 10,000 followers, your account must be at least 30 days old, and you must have posted a public video within the last 30 days.

Videos that contain “Stitch,” “Duet,” ads, sponsored content, promotional posts, and content that violates TikTok’s Community Guidelines are not eligible for the video gift option.

5-Live gifts:

Live gifts allow creators to earn diamonds ($1 each) based on audience reception. Viewers can send virtual gifts, such as stickers, to show appreciation. Creators receive payments for gifts that can be redeemed for cash or rewards. Creators earn between $20 and $300 per live stream, with one earning $34,000 per month.

6- TikTok Store:

There are three ways to sell on TikTok Direct Shopping: TikTok users can shop directly from live videos by tapping on pinned products or browsing the shopping cart icons while the video is playing.

Shoppable Videos:

 Users can shop directly from videos in the news feed by tapping on product links or shopping cart icons.          

Product Display:

 Users can shop directly from your account and access and purchase products from within the app. The advantage of this option is that your followers are not directed from your account to your partner’s shopping app or website when purchasing products, keeping the focus on your content.

TikTok provides tools to track performance, visits, customer reviews, and transaction data through the TikTok Store dashboard, so you can identify patterns and trends and avoid unpopular content.

7- Collecting Tips:

If you have loyal followers who love your content, they can show their appreciation by tipping you whenever they want. The advantage of this option is convenience: You can tip directly from your account at any time by subscribing to TikTok; TikTok will automatically transfer tips to your bank account every week; you can also pay tips directly from your account.

However, remember that you must have at least 100,000 followers to take advantage of this feature. When you turn on the feature, TikTok will add a tip link to your account. Users can click on it to view previous tips and leave tips. You can also send invites to viewers to leave tips if they like your content.

8-Affiliate Marketing:

Promote products or services through affiliate marketing, and earn a commission for each sale or action through a unique link. Commissions can be cash (a percentage of the cost), discounts, or free subscriptions. Earn a percentage or a fixed amount for each purchase, and use a linking tool like Linktree to promote multiple links.

9- Collaborate with other creators:

Collaborating with TikTok involves partnering with other creators to create and promote content. This helps generate revenue while increasing reach and engagement. If the content resonates with the creators’ audience, they may be more inclined to hit the follow button.

By collaborating with other creators on TikTok to create videos, you can get to know their followers, increase your exposure, and reach a new audience. Also, the more likes and shares you get, the more likes and shares you get from the Creator Fund.

10- Partner with Sponsors and Brands:

Given its popularity, brands and advertisers are willing to pay large fees to creators to promote their products through TikTok. Most brands reach out to creators through agencies.

One way for creators to earn revenue directly from advertisers is through the Creator Marketplace, which is the official brand-creator collaboration platform on TikTok, where creators partner with brands to create paid campaigns.

The Creator Marketplace allows brands to search for creators and view their accounts, followers, audience demographics, and key engagement metrics. While potential revenue is hard to predict, popular creators earn between $500 and $20,000 per video.

However, it’s important to remember that TikTok does not allow users to receive payments from brands through the platform. You must receive payment directly from the brand.

11- In-feed Video:

Displayed on the For You page of TikTok users who meet the targeting criteria. Brand Takeover: The ad can expand to full screen for a few seconds and become an in-feed video ad. Please note that there are other types of TikTok ads, some of which are only available to certain accounts.

How much can influencers earn on TikTok?

This is a difficult question to answer as there are different levels of influencers and the amount of money each level brings in varies greatly. According to the Influencer Marketing Center, the potential categories are as follows:

Micro-influencers (1,000-10,000 followers): $6-$30 per post.

Micro-influencers (10,000-50,000 followers): $30-$130 per post.

Medium-influencers (50,000-500,000 followers): $130-$1,300 per post: $130-$1,300 per post.

Major-influencers (500,000-1 million followers): $130-$3,000 per post: $1,300-$30,000 per post.

Major-influencers (1 million+ followers): $1,600-$3,000 per post: $3,000-$30,000 per post.

How do you get paid on TikTok?

If you meet TikTok’s payment criteria, your money will appear on your Creator Fund dashboard approximately three days after your video goes live.

Whether through brand collaborations, product sales, or support from TikTok itself, aspiring creators can leverage the platform to turn their passion into a source of income.

How many followers do I need to start live streaming?

You need at least 1,000 followers to go live on TikTok. By creating content and engaging with users, you can gain 1,000 followers and earn income from your live videos.

Once you earn $10 or more, you can withdraw it 30 days after the month you earned it. You can transfer the money using your preferred payment method.

Ultimately, making money on TikTok isn’t difficult, but it does require commitment, creativity, and building an engaged audience. As TikTok continues to grow in popularity, so do the opportunities to monetize the platform.