No matter what social media platform you’re in, as long as you have huge social media following you can really earn money out of it, as long as you know it how. And in today’s topic, we’re going to talk about how to earn money on Tiktok.
Before we go dive right into it, just want to give all a warm welcome to my blog. Thank you so much for hanging out, this is me your buddy of course “Yhong Lacson”.
And by the way, I want more friends so if you’re interested to be on my friend’s list. Just DM me on Instagram (@yhonglacon) and maybe we can do something together.
Alright, just read all the details below and I’ll guarantee you will not be wasting your time. Without any further ado, let’s get into it.
Here Are 5 Best Ways On How To Earn Money On Tiktok
These are the five best ways on how you can start earning money with your tik tok followers. Read each one by one, and let me know in the comments which one do you like and why.
1. Brand Sponsoring
Brand sponsoring is one of the best ways to make money as an influencer on Tik Tok. The way you can make money with Brand Sponsorship is through showcasing a particular product or services from a company to your followers. But one thing that you should consider first. Is that you need a ton of followers for you to attract potential clients.
This is how it works, let’s just say there is a newly launched company who sells weight loss products. What you need to do next is contact them, send them an email proposal saying that you’re an influencer and you want to promote their product. Tell them everything about the potential of your audience, set the price and master the art of close dealing.
This is kind of difficult if you’re doing it for the first time. But along the way and eventually, you will master all the skills you need to become a successful influencer.
But Yhong, where can I find potential clients? For me, the easiest way to do it is on Instagram. Follow hashtags like #business, #entrepreneurship, all related to it, and then eventually you will find your potential client to their post. Just be creative and observant.
2. Selling Shout Outs
Another way on how to earn money on tik tok is through selling shout outs. It’s one of the popular ways to earn money as influencer especially on Instagram, but of course, you can also do this on Tik Tok.
Selling shouts basically means that you’re selling ads space on your account. You can post a video ad from a company or recording a video of your own talking about that particular product and get paid to do it.
It’s kinda the same with Brand Deals but this is a little version of it. Because you can even shout out a tik tok user for whatever amount you want to charge for them.
There are lots of tutorials about this on how you can sell shout out, just try to search on YouTube. What I’m trying to do here is just show you guys ways and options on how you can earn money on tik tok.
3. Tiktok Video Monetization Program
Tik Tok introduces video monetization program which is currently in beta version. It’s like YouTube and Facebook AdBreaks that you can make money by letting the platform display advertisements on your videos.
I don’t have any concrete details about it yet. But this is something coming, a piece of good news for tik tok influencers.
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What I suggest that you are going to focus right now is to grow your tik tok account to a massive following. Just be excited, you will reap your rewards very soon one way or another.
4. Selling Your Own Products
This is my favorite option, selling your own product. Aside from the possibility that you would end up creating your own brand for a particular product. This also the most rewarding option to make money as an influencer. You have all the control of how much profit you want and the freedom to do whatever you wanted to do.
Another thing, Imagine the feeling of selling your own product than throwing other brands to your audience (followers).
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You can easily sell print on demand products, like t-shirts, mugs caps, phone cases and many other good products you can sell to your audience. Or, you can also import products from suppliers like the website Aliexpress. Affordable suppliers from China. That you can easily negotiate to do a little customization to your product like putting your name/brand on it.
I can actually help you in this part, I mean this option. Just let me know in the comment box below if you need.
5. Earn Money On Tik Tok With Affiliate Marketing
Another best way on how to earn money on tik tok is through affiliate marketing. If you don’t like managing your own inventories, creating your own product. Then affiliate marketing is the right one for you. Affiliate marketing simply means promoting someone else product and get a certain percentage of commission every time there’s a successful purchase using your unique affiliate link.
There’s an affiliate program to any product you can think of, from tangible products to digital products. One of the most known affiliate programs is the Amazon Affiliate Programs, where you can easily pick up any products you can promote. And for Asian people like me, we have also Lazada Affiliate Program.
If you want to promote digital products like courses and membership sites, you can also try to sign up on Clickbank or JVZoo. Yeah, just do some little research to give you more ideas about the programs.
I think that’s all I have for you guys today, so glad to have you here. If you have questions, suggestions whatsoever, just let know in the comment box below.
And if you need some help like finding your clients as an influencer, just DM me on Instagram (yhonglacson) and let’s see what I can do.