TikTok: Top 3 Ways to Make Money

 

Top 3 Ways To Make Money On TikTok

TikTok has blown up over the last few years. In January 2018, they had had ~54 million users, but they're now over 689 million users worldwide. And when a social media platform blows up, it becomes a great place for marketers and entrepreneurs looking for an audience. However, TikTok doesn't help creators make money. Whereas a platform like YouTube helps creators monetize through advertising and subscriptions, it's up to you to figure out how to make money on TikTok. Below are three of the top fastest ways people are making money on TikTok right now. #1: Affiliate Marketing Affiliate marketing is selling other people's products in exchange for a commission. For example, if you're in the weight loss niche, you could find someone who's created a weight loss course that they sell for $100. If your commission is 20%, you earn $20 every time you recommend that product and make a sale. Although you can't include a clickable link in a personal profile, you can add a website if you instead sign up using a business profile. Image Source: AuthorityHacker Then, when you start creating videos and getting views, people will click your link. If they purchase using your link, you'll earn a commission. #2: Sell Your Own Product Or Program If you want to keep 100% of the profit, you can create and sell your own product or program. Rather than promoting someone else's course or eBook, you can create one and link out to it in your business profile. For example, if you're in the fitness niche, you could write an eBook about how you lost weight, trained for a marathon or built muscle. Then, you would create helpful fitness videos. When people watch your videos, they'll see you have a link to get more in-depth information in your book. Or maybe you have a coaching/consulting program. You could link out to a form for someone to sign up for a free call with you to discuss what they're looking for. When you click Rachel's link, it takes you to a landing page with her contact information. You can watch Anik's interview about TikTok with Rachel on YouTube. #3 Print-On-Demand Shirts Print-on-demand is when you create a design for a t-shirt, but another company handles order processing, product creation and delivery for you. An example of this is Teespring. Teespring is free, and here's how it works... Design products and create a custom store (free) Connect your social accounts Promote your launch Share your products with your community Get paid You set the price and keep 100% of the profit. If the base price for a shirt on Teespring is $10, you could sell it for $24 and keep all $14 of profit. The Takeaway There are other ways to monetize TikTok, but many of them take more time and bigger followings. If your goal is to make money fast, these are the top three ways to get started.   Episode #150 - Listen Now! How to get 2 million TikTok views a week (& make money)... When Rachel Pederson first started, she only had 60 followers, but her first video got over 9,000 views in one night. Now, with over 120K followers – Rachel receives well over 2 Million views a week. ...but how does he make money? Watch on YouTube or listen wherever you get your podcasts to see.. 10 TikTok Content Ideas For Beginners So, you decided you want to start a TikTok account But now you don't know what to post. To give you an idea of what you can do on TikTok, let's create a fake business called TravelHacks and go through 10 ideas for what we could post to this TikTok account... Hashtag Trends: If a trending hashtag was #summer2021, I could create a video of the 5 best travel destinations for summer 2021. Cute/Cool Animals: If I'm visiting a park and see a cool animal or come across a cute cat or dog at a tourist site, that could make a good video. Tutorials: A quick tutorial showing how to find cheap flights or how I pack my bags for a long trip. Collaborations: Work with a friend who also works in travel to do a video about budgeting for trips. Day In The Life: Shoot a video that's just a day in my life to show people what goes on behind the scenes. Current Events: Talk about news or trends in travel. For example, an update on travel restrictions and what countries are opening up for tourists. Special Occasions: Easter is coming up, so a video about Easter or a past memory of me going to an Easter celebration. Or it could be a birthday or anything other type of special occasion content. Viral Dance: A video in front of a tourist site doing a viral dance. Controversy: Say something about a popular tourist destination that surprises people (i.e. why you should NEVER visit New York City). Recommendations: 10 of my favorite books about travel. There are a ton of different ways to create content on TikTok. All you have to do is take these 10 ideas and apply them to whatever niche you're in! The Takeaway For a lot of people, coming up with ideas is the toughest part of starting. Use one of these 10 ideas to make your first TikTok video and stop worrying about what people might think of them.