Tik Tok is the new viral app of the moment, if you have reached this post it is because you are looking for opportunities to earn extra income using this app, stay with us until the end of the post and check out the ways you can earn money below.
Check out 6 tips on how to make money with Tik Tok:
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Increase accounts and sell them
The first way people make money on Tik Tok is to grow accounts and then sell them. Those who sell electronic products can make a lot of money on Tik Tok.
Similar to Instagram, you will choose a niche and then go ahead and create entertaining content, ideally content that goes viral to attract that person who would be the ideal customer for your product.
There are already people in this space today who are developing Tik Tok profiles around a particular interest.
It's usually a niche topic and they may not have anything to sell, but they will reach out to brands in that industry and sell their Tik Tok profile. Many people are earning extra income this way.
It's an innovative way that people have found to sell their products through Tik Tok Live. Have you ever thought about launching your product during a Live?
And of course, there’s the link in the bio where you can always lead your followers to purchase your product.
So if you're the type of person who loves Tik Tok and just wants to grow a following around a certain topic and build this great content community that is Tik Tok.
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Donations
Going live is collecting donations like the Twitch platform is a method that can also be done through Tik Tok.
The resources provided by Tik Tok are truly more than fascinating.
It is an excellent platform for anyone thinking about making money through monetization.
From what I've seen, this is how it works:
When you are a TikTok user, you can go into your profile and buy something called coins.
What does the creator do with this coin?
All these coins that are earned on this platform can be converted to real values through palpay.
In the Chinese version of Tik Tok an app called Douyin there is a next level feature similar to this.
The cool thing is that when content creators are online they can attach a shopping cart to the product they sell in their programming.
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Manage influencer campaigns
The third way to make money on Tik Tok is to manage influencer campaigns.
This is not a new idea.
The same concept applies to Tik Tok. You can be the middleman or broker between a creator on Tik Tok and a brand that wants to work with that influencer.
Tik Tok as a platform is smart; they actually have an internal influencer program already built in. So if I'm a big brand and I want to come to Tik Tok and say, Hey, this is the space I'm in, which influencers should I work with? I can do that.
The only thing is that I will pay a percentage to Tik Tok for brokering this deal.
That's where you can come in as a service or agency to do that deal outside of Tik Tok and help brands save a little bit of money.
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Tik tok advertising platform
The fourth way to make money on Tik Tok is by using its advertising platform.
You can use Tik Tok as an advertising platform, just like we use Instagram and even Facebook.
It's pretty self-explanatory if you've managed paid traffic before, so if your market is on Tik Tok, it might be worth setting up some ads, putting some budget into experimenting there and seeing what happens.
Maybe you can sell more of your products through Tik Tok!
Here are some tips:
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Management services
The fifth way to make money on Tik Tok is by offering management services to content creators on the app.
Some creators on Tik Tok have millions of followers and sometimes it happens very quickly and overnight for that creator. It's like having a commercial plot of land in your lap.
Use your Tik Tok skills to offer services and content strategy, offer and brand management this is the way.
So if you have experience in production or storytelling, you can apply that to offering management services to Tik Tok creators.
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Consultancy
Last but not least, when you become a pro at Tik Tok, and maybe you really understand how someone can make a video that can get a hundred views and help you get 300,000 views, well, you can simply offer consulting services.
This is a really great way to leverage your knowledge of the platform and help people who want to be famous on Tik Tok or creators, to boost their strategy, the main purpose of this tool is for your video content to be seen by thousands of people.
Of course, you will need to put together a good portfolio so that people have good references for your consultancy and management, people will pay to absorb everything you know.
Your role in this process is to help turn a person with an ordinary profile into a viral TikTok. This is the main purpose of using the tool, and it is through TikTok that you can reach a world without geographical barriers and thus expand the possibilities.
So, in a positive way, TikTok can be a good ally for you to obtain extra income.
We hope you enjoyed the tips, now just start earning your extra income through this incredible application, remembering that Tik Tok is a content creation tool, use it to your advantage.