How to Make Money on TikTok in 2024

how to make money on tiktok

Are you ready to turn your TikTok addiction into a profitable side hustle? Making money on this popular platform is no longer just a dream—it’s a real opportunity. Whether you’re a marketer offering products to sell on TikTok or a creative content creator sharing entertaining or educational content, TikTok offers countless monetization opportunities. Here, you will learn about ten actionable ways how to make money on TikTok. So, without further ado, let’s get started. 

How to Make Money on TikTok – 10 Proven Ways to Get Paid

Here is a quick summary of the actionable 10 ways to start getting paid on TikTok:

  1. Sell on TikTok 
  2. Join the TikTok Creativity Program
  3. Try Affiliate Marketing
  4. Take Advantage of The TikTok Series Feature
  5. Collect Tips and Donations
  6. Make Money on TikTok Lives
  7. Grow and Sell TikTok Accounts 
  8. Create a Patreon Account
  9. Promote Songs 
  10. Collaborate with Tikok Influencers
How to Make Money on TikTok?
How to Make Money on TikTok? 10 Proven Ways for Getting Paid on the App. 

1. Sell on TikTok 

The greatest way to monetize TikTok is to promote and sell your products. Setting up a TikTok Shop makes it simple for followers to purchase your goods directly from the app. This integrated e-commerce solution turns your TikTok into a digital storefront, boosting sales and engagement. If you plan to promote and sell your products, it is best to mention your products regularly in your content, but avoid being overly promotional.

To earn profits on TikTok as a marketer, consider leveraging TikTok Ads too. Interestingly, 61% of TikTok users reported that the platform’s ads helped them discover new products and brands. It is enough to grasp how advertisements may help your business monetize TikTok. 

💡Remember, creating top-quality content is also highly crucial for promoting your products and making more money on TikTok. AiGrow can take the burden of creating engaging videos and reels to increase your TikTok growth and engagement. Let AiGrow handle your content creation so you can focus on growing your business. With expert design and strategy, AiGrow ensures your TikTok presence is both impactful and profitable. 

Try AiGrow’s TikTok Content Creation Service

2. Join the TikTok Creativity Program (Formerly known as the Creator Fund) 

The TikTok Creativity Program rewards creators for high-quality, original content. It encourages longer videos, over one minute, to support more engaging content. Starting on December 16th, 2023, users in the US, UK, Germany, and France can use the new Creativity Program to make money on TikTok. Users in Italy and Spain can continue using the earlier monetization program called Creator Fund.

To be eligible for money-making via the TikTok Creativity Program, you must meet the following requirements:

1- Be 18 years or older, 

2- Have 10,000 followers, and achieve 100,000 video views in the last 30 days.

3. There are also rules about creativity, originality, and various other rules that content must follow. It would be best if you took the time to learn the rules about what kinds of content and views are qualified. 

✨ It has to be noted that engagement metrics, like video views, likes, and comments can affect your earnings.

3. Try Affiliate Marketing

Using affiliate marketing is another fantastic strategy to monetize your TikTok account. For making money on TikTok through affiliate marketing:

  • Promote other firms’ products or services in exchange for a commission.
  • Keep your content authentic by focusing on products you love and trust.
  • Create entertaining videos that highlight these products and explain their usefulness.
  • Use affiliate links or codes to track purchases made with your account.

Note: Personal accounts cannot include clickable links in descriptions; Therefore, ask followers to copy and paste links or use special codes. 

4. Take Advantage of The TikTok Series Feature

Produce and sell premium content via TikTok Series to get paid on TikTok. This feature enables content creators to place a video collection or series behind a paywall and charge viewers for access to your premium content. TikTok Series was announced on March 7, 2023, and allows qualifying creators to submit up to 80 videos ranging from 30 seconds to 20 minutes. To qualify, you must:

  • Be 18 or older.
  • Have a public account with 10,000+ followers.
  • Post three or more times in the previous 30 days.
  • Get over 1,000 views in the last 30 days.
  • And above all else, post unique and valuable content.

You can set a subscription cost between $0.99 and $189.99. Before any payment, you must link your PayPal account, complete a tax form, and verify your identity. If your gains exceed $50, TikTok will pay your monthly payment.

5. Collect Tips and Donations

TikTok allows you to make money by leveraging tips and donations through the platform’s tipping feature and virtual gifts. If your audience finds your content valuable and engaging, they can send you virtual gifts and coins which will automatically turn into ‘Diamonds,’ TikTok’s exclusive currency. 

To receive these tokens of appreciation during live streams or short video clips, you can use ‘TikTok Creator Next.’ These gifts manifest as vibrant stickers and dynamic animations that transform into Diamonds. At a simple exchange rate of two coins for one Diamond, each Diamond has a monetary value of $0.05.

How to Make Money on TikTok? Collect Tips and Donations
How to Make Money on TikTok? Collect Tips and Donations

You can accumulate a substantial amount of Diamonds to exchange them for real cash rewards. To qualify for this lucrative opportunity, ensure you are at least 18 years old and possess a minimum of 1,000 followers on an account that is at least 30 days old. 

To facilitate the collection of tips, integrate platforms such as Tipeee, Ko-fi, or Buy Me a Coffee with your TikTok account. Activate the Tips feature by establishing a Stripe account to enable viewers to tip you effortlessly through a prominently displayed button.

Suggested Post: How To Add Your Instagram To TikTok

6. Make Money on TikTok Lives

To earn money on TikTok by hosting TikTok Lives, provide your audience with engaging and valuable live streams. Users may send you virtual gifts during live videos, ranging from a single coin to thousands. Consistent and compelling live streams enhance the likelihood of viewers sending more virtual gifts.

Make Money on TikTok Live 
Make Money on TikTok Live 

To access TikTok Live Gifts, you need:

  • 1,000 followers,
  • An account in good standing,
  • Adherence to community guidelines and being 18 years or older.
  • TikTok Accounts should be at least 30 days old.

Some TikTok creators earn $20-$300 for every livestream, while top earners make thousands monthly. So, Live Gifts offers a lucrative opportunity to make money on TikTok live for creators who enjoy live streaming.

Not doing live streams? No worries. TikTok rewards diamonds for short videos. Therefore, short video viewers can also leave virtual gifts in the comment section.

7. Grow and Sell TikTok Accounts

Consider creating and selling TikTok accounts if you can organically expand their growth and engagement. Many brands are willing to pay for an existing niche account to save time. This way, you can create an account and build it organically before selling it—an effective method for making money on TikTok For Free. 

To get paid for selling TikTok accounts, concentrate on a specific and narrow niche market that the buyers are willing to pay for. This allows the buyer to continue posting similar content while easily maintaining a high following and engagement.

If a business wants to buy a current TikTok account, it must do research first. A large following with minimal interaction may not yield the expected results. It’s important to ensure that the account aligns with your target audience and the content is consistent with your brand and objectives.

How to Make Money on TikTok? Grow and Sell TikTok Accounts. 
How to Make Money on TikTok? Grow and Sell TikTok Accounts. 

8. Create a Patreon account

Another way to get money from TikTok is to create a Patreon account. TikTok allows you to offer exclusive content through memberships, giving your audience a sense of value and importance. 

While it’s important to keep providing free content on TikTok, it’s equally crucial to entice your followers to support you on Patreon for premium content. This balance ensures that your audience continues to engage with your free content while also valuing the exclusive content they receive through Patreon.

When promoting your Patreon page in your TikTok videos or bio, it’s essential to keep the membership fees affordable. This shows respect for your audience’s financial situation and makes them feel valued, increasing the likelihood of their support. 

9. Promote Songs 

You can also make money on TikTok by promoting songs, where record labels pay up to $250 per video for using specific tracks. Adding famous songs to your videos is a great way to promote music on TikTok and gain money. Musicians may pay you to feature their music if you have a large following. Additionally, musicians can use TikTok to promote their music by sharing tracks and engaging with the community. 

The following are some strategies for achieving success in promoting songs on TikTok: 

1- Be authentic, 

2- Connect with musicians. You can collaborate with other artists through stitches or duets, 

3- Use hashtags wisely, 

4- Think creatively.

10. Collaborate with TikTok Influencers 

If you have products to offer and want to earn money on TikTok, collaborate with the right influencers. Even if you don’t have a significant following, you can benefit from influencers’ engaged audiences. Choose suitable influencers who provide industry-related content and have a relevant audience for your brand. This strategy can help you establish your brand and make revenue. 

Ainfluencer Website

You can use Ainfluencer to find the perfect influencers for your brand. It’s the top platform for connecting with niche influencers and boosting your TikTok sales. Ainfluencer helps you identify the right influencers who align with your brand and target audience. 

Try Ainfluencer to Collaborate with the Right TikTok Influencers

Tips on How to Get Paid on TikTok

Here are some tips for making money on TikTok more successfully:

#1 Focus on a Specific Niche 

Focusing on a specific niche helps you attract a targeted audience, making it easier to gain followers and attract sponsors. Additionally, A well-defined topic increases engagement and builds community.

#2 Be Authentic 

Authenticity is crucial because TikTok users can detect insincerity. Promote only products you genuinely use and love to maintain trust. Over-promotion can annoy your audience. Engage and build a community by offering valuable content first, ensuring you’re not selling to a cold audience. 

#3 Don’t Focus on Only Making Money on TikTok

This tip might sound surprising, but it’s crucial. TikTok is primarily an entertainment platform, and TikTok users can sense if you’re just looking for quick cash. Instead, use TikTok to build your brand and engage your target audience. Focus on providing engaging and attractive content that keeps viewers hooked.

Entertain first, then consider monetizing. By prioritizing audience engagement over immediate sales, you build momentum and long-term success on TikTok.

Final Note

In conclusion, making money on TikTok is achievable but demands dedication and strategic planning. By using the ten actionable methods outlined in this article, you can begin monetizing your TikTok presence and turn your passion into profit. From brand partnerships to sponsored content and affiliate marketing, there are many ways to get paid on TikTok.

So, now it is your turn to turn these top ten proven ways on how to make money on TikTok into action. Roll up your sleeves, get creative, and start implementing to kickstart your journey toward money-making on TikTok today!

If making money on TikTok isn’t for you, consider other alternative routes. 

Suggested Post: How to Sell on Instagram

How to Make Money on TikTok FAQs 

Now, let’s answer some frequently asked questions on how to get paid on TikTok. 

Q1. How to Make Money on TikTok without Followers? 

You can start making money on TikTok even with zero followers. Here are some effective ways:

  1. Create Content for Brands: You may profit on TikTok with no followers by providing content for brands. Many businesses require regular videos to expand their audience and boost sales. For instance, you can charge a flat $1500 per month for daily TikTok content creation.
  2. Use Live Streams: Engage with your audience through TikTok Live. This real-time interaction allows fans to send virtual gifts, which you can convert into revenue. To maximize your TikTok live views, schedule your live streams at peak times.
  3. Create Sponsored or Affiliate Content: Partner with brands to create sponsored or affiliate content on TikTok. This collaboration can lead to earnings when viewers purchase through your promotional links.
  4. Take advantage of Dropshipping: Discover unique items on AliExpress, create a Shopify store, and promote these products on your TikTok videos. When a customer orders, use their payment to buy the item from AliExpress and ship it directly to them, keeping the profit for yourself.
  5. Work with Influencers: Collaborate with influencers in your industry to tap into their audience. Provide influencers with unique codes or commissions to promote your products.

Q2. How Many Followers Do You Need to Make Money on TikTok?

You must have at least 10,000 followers to begin earning through TikTok. After reaching this level, you can start making money from TikTok via various features like the Creativity Program or TikTok Live. 

Q3. How Many Views on TikTok Do You Need to Make Money?

You must have earned at least 100,000 views over the past 30 days.

Q4. How Old Do You Have to Be to Make Money on TikTok?

To earn money directly on TikTok, you must be 18 years or older. 

Q5. At What Point Does TikTok Start Paying?

To get paid directly from TikTok, you need at least 10,000 authentic followers and 100,000 views in the last 30 days. Also, you must be 18 or older and live in the U.S., U.K., Germany, France, Italy, or Spain. 

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