What’s up guys in this article, We are going to learn how to make money on Tiktok as a creator. I’m going to share the top three ways to make money on Tiktok as a content creator.
How to Make Money with TikTok
There are other ways to make money like if you’re a business, trying to promote through Tiktok, but that is for another article.
TikTok As a Creator, Is Through Coins
Now let me quickly explain how coins work? first of all, as a viewer, you can add coins to your Tiktok account like:
- Clicking on the three dots up on your profile
- Click balance
I can tap recharge and buy different amounts of coins right here. You’ll be charged through your iTunes or App Store account, depending on your device.
How do Coins Work?
When one of your favorite creators goes live on Tiktok, you can donate coins for various reasons, you know, depending on the Livestream, like if they’re doing something cool or whatever. It works like you know going live on YouTube and being able to donate the comments. It’s the same idea, so how do you, as a creator, make money from these coins.
Well, let’s say you have a prevalent Tiktok account and you go live, now you can only go live on Tiktok if you have 1,000 followers so as soon as you get 1,000 followers on Tiktok, you’ll have the option to go live. So, you go live on Tiktok, and then your live viewers can donate coins to you during your live video,
These coins when you’ve given them by your viewers are converted into diamonds. Once your rewards reach 10,000 diamonds, you can cash out your diamonds. This is done through PayPal so that you can get money directly to your PayPal account. As far as I’m, we’re right now 10,000 diamonds equals $50 cash. So you can cash out for $50 if you earn 10,000 diamonds 20,000 diamonds would be $100 and so on. You must be 18 years or older to make diamonds.
2. Band Deals
The second way you can make money on TikTok is through brand deals. Brand deals work very similar to YouTube or Instagram or other social media platforms. Whereas soon as you have enough influence or a lot of followers, a lot of views, a lot of likes, you can reach out to some of your favorite brands and make brand deals.
For Example: Let’s say that you have a considerable following, and coca-cola reaches out to you and says we’ll pay you $1,000 if you do a Tiktok video while you’re drinking a can of coca-cola. Now obviously, that’s a unique situation for most people. But there are many brand deals available for micro-influencers or people who don’t have millions of followers.
You can also take the initiative and reach out to some of your favorite brands mind you if you are a smaller account you’re probably going to want to start with smaller brands and local businesses. You can be creative and implement their products into your Tiktok videos in exchange for compensation.
3. Create and Sell Tiktok Accounts
The final way to make money on TikTok as a creator would be to create and sell a TikTok account. Now obviously, this wouldn’t be done through like a personal account under your name and with your face. But if you had a different specific type of Tiktok account, maybe a statement that did compilation x’ or funny videos or something like that.
You could build it up and sell it to another marketer. This is a viral strategy on other platforms like Twitter and Instagram. People build up niche topic accounts and then sell them after they’ve created a large following.
Those are my top 3 ways to make money on TikTok as a creator. If you know of any other great ideas, please leave us a comment below help out others follow Tiktok creators. So they can learn how to build their business around Tiktok. I’m going to be coming out with some more TikTok articles. So go take a peek I appreciate your support thanks for reading this article.