Making Money on TikTok: A Step-by-Step Guide
People across the globe are making insane amounts of money from TikTok. You might just want to cash in on this phenomenon without needing to create videos. In that case we’ve got you covered. You might also want to be the star of the moment, and create your own videos for viral fame. Either way, there are actually several ways to earn money from Tik Tok and not all of them require talent as a Tik Tok star. So, if you’ve got a little ambition, a personality that loves to try out new things, a spare 10 minutes on your hands, and lots of energy we’re here to share with you some of the best ways of bagging some of that sweet TikTok loot.
#1 Crafting your own TikTok videos:
So, we’ll start off with the most obvious way to make money from TikTok, which is also possibly the hardest (depending who you are of course).
Step 1: Build your audience by Shooting Viral Videos
Tik Tok explores the quirky side of the internet, and although this sometimes means going deep into cringe-factor territory, this is also kind of what makes the platform so much fun. If you enjoy the art of shooting interesting things, making people laugh, or just want to explore original ways of entertaining people in front of a camera, you could be a successful Tik-Tok creator too.
Try out existing formats that work on TikTok
Because TikTok relies on repeated formats for the most part, ideas that are already working offer the best guide to building a following. Some of these are based on trending hashtags or art projects, but more often they are based on a signature style of shooting a TikTok video. If you don’t have any ideas, we have provided some of the simplest and quickest ideas you can try to kickstart your career as a Tik-Tok video-creator.
The key is actually to jump straight in the deep end. Start, if you can, where you are sitting at this very moment, and set aside 5 or 10 minutes. Tik-Tok is perfect for that. You’ll find that some of your best videos were created in times when you hadn’t planned what you were going to say. Play around and explore new ideas, and if you know your niche already, that’s the ultimate ideal. Although there are common formats, there is no reason you can’t go out on a limb, using these as guide-rail for future efforts.
Practice your camera skills:
Some camera skills matter more than others on TikTok. One of the key skills in getting started is getting your frame transitions right. This basic idea is surprisingly important. It will involve some practice but you’ll find countless demos on the internet to help you get transitions down to a T. The same is true of other staple camera techniques used on TikTok. Completing your first few TikTok accomplishments as a director of your own work will only motivate you to do more exploring.
Practice Skits alone:
You don’t need more than one actor – that’s yourself – when first starting out with your TikTok sketches. Even if you do get hold of a friend who loves acting (or just goofing around), this is an awesome way to hone your directing skills beforehand. In fact, this one-person video format is surprisingly popular on the platform. Just get hold of a tripod and try out as many voices, characters and costumes as you can, holding an interesting dialogue between them.
Step 2: Practice and Grow Your Following
As long as you dedicate some time each hour, every few days or every few days to trying new ideas and making your TikTok videos, you’ll find out whether your talents are appreciated or not. The key is consistency and although your first few attempts might be rough and unappealing, chances are, they’ll improve with practice.
Step 3 Become an Influencer
At this stage you’ll have built up a large enough following to command the attention of a few brands worthy of your time, whose products you can now advertise. Depending on the size of your fan base, you could be offered anything from $200 to $200,000 dollars per post.
Some Easier Options:
#2 Build Your Audience with a Themed Account
Supposing that you don’t have anything interesting to share on TikTok, or you don’t want to give into the cringey viral formats that receive millions of views. That’s okay too, because TikTok has space for curators.
If you’re camera shy you can always build an audience with a themed account instead. This is done by finding viral content with a common theme on TikTok and reposting it on TikTok on an account dedicated to that theme.
The theme might be something you find interesting or funny, but the basic idea is that you’ll create a source of entertainment that puts all of the best TikTok content in one place.
There are many things you can do to make money on an account like this.
– You can promote products for companies.
– You can promote these companies’ TikTok accounts.
– You can help your own business grow in the TikTok sphere by promoting it on this account.
There are many options besides, like directing traffic to your own YouTube or Instagram account, etc.
In other words, this involves two steps:
Step 1: Build a Niche
Find some aspect of TikTok you’re interested in, and build a following by looking for content that relates to it.
Step 2: Monetize your TikTok Account
Find a brand that you can get behind and promote their brand or products on your TikTok account.
#3 YouTube Compilation of TikTok Videos (The Easiest):
Because YouTube is much easier to monetize, this solution can be much more attractive in many ways.
Step 1: Create a TikTok Compilation
What you’ll need to do is download some TikTok videos in a certain niche (This might be dog TikToks, football TikToks talented-people TikToks, Family Tik Toks etc.)
Simply join them together with some basic software, available either on your iPhone or PC.
Make sure you optimize your compilation for YouTube by making it 10 to 11 minutes long and then re-upload ir onto YouTube. Add an attractive thumbnail and channel banner.
Because you’re unlikely to go viral on your first compilation, we recommend you make a string of these. Chances are, one of them will eventually receive a large number of hits.
…and BOOM. You’re in business.
Typically companies who make more expensive ads to broadcast on YouTube aren’t rushing to get in front of 13-year-old TikTok fan bases. That’s because – simply put – the products they’d sell to this age group aren’t the most expensive.
In other words, you’ll need to continually refine your videos toward a more lucrative audience. This takes time and work, but it’s certainly an easy way of making money from TikTok. If you do this especially well, don’t be surprised if you make somewhere in the order of tens of thousands of dollars in combined views.