If you find yourself dedicating a significant amount of time to TikTok each day, it may be worth exploring ways to earn passive income from your hobby. TikTok has gained immense popularity as a social platform, with over 1 billion active users across more than 40 countries. In fact, it was the most downloaded app in 2020 and has become the go-to search engine for Generation Z.
Looking to earn income through TikTok? Here are 15 proven methods (plus a bonus!) to make money on the platform. TikTok offers users the ability to create and share short 15-second videos, ranging from singing and dancing to comedy and adorable cat videos. Whether you’re a content creator or a business owner aiming to grow your market, there are numerous opportunities to generate passive income and monetize your presence on TikTok.
Become a part of TikTok’s Creator Fund, an initiative designed to incentivize talented TikTokers to continue producing captivating content. As a content creator, once you reach a minimum of 10,000 followers and accumulate at least 100,000 video views within the past 30 days, you unlock the opportunity to generate passive income.
The Creator Fund offers a chance for individuals to generate income by pursuing their passions. The amount of money you can earn depends on various factors such as the number of views, the authenticity of those views, and the level of engagement with your content. To begin earning through TikTok’s Creator Fund, you must apply using a pro/creator account.
Collaborate with a reputable brand
You can earn passive income on TikTok by collaborating with a brand that you have confidence in. For example, if you are a makeup artist who shares makeup tips and tutorials on creating the perfect winged liner, you may consider partnering with your preferred makeup brand. You have the option to approach these brands directly and propose a partnership.
Generate passive income by selling products on TikTok Shopping. With TikTok’s built-in e-commerce solution, there’s no need to switch to a separate browser to shop. You can directly purchase products within the TikTok app. By utilizing TikTok Shop, creators can expand their audience and effectively promote their brands and products. Moreover, creators can conveniently link their featured products in their videos. Additionally, TikTok Affiliate offers an opportunity to earn money. Through the Affiliate Program, you can promote brands that align with your followers and earn a commission for each sale you generate.
Earn Passive Income with TikTok Rewards
TikTok offers a lucrative opportunity to generate passive income by simply recommending the platform to your friends. By actively contributing to the growth of TikTok’s community, you can participate in the TikTok Rewards referral program and start earning money. It’s as easy as copying your personalized referral link from your TikTok profile and sharing it with someone who is not yet a TikTok user, such as a friend or family member. Once they join TikTok using your referral link, you will receive enticing rewards. As you accumulate enough rewards, you can redeem them and enjoy the extra income.
You can generate a passive income by sending your followers to a Patreon account. Instead of relying solely on TikTok for income, creators on Patreon have the opportunity to earn money from their artistic endeavors. You can direct your TikTok followers to your paid page on Patreon. There are various things you can charge for on Patreon, such as exclusive behind-the-scenes videos, branded merchandise related to your personal brand, live chats, and customized videos.
Boost Your Revenue with TikTok Ads
Harness the power of TikTok’s Ads Manager to expand your customer base and boost sales. According to TikTok, one out of every three users has made a purchase after seeing a product on the platform. Ads Manager enables you to effectively target and connect with your desired audience. It provides a range of innovative tools to effortlessly create and customize videos using a variety of pre-designed templates. Additionally, you can easily track the effectiveness of your ads to optimize your marketing strategy and maximize your income potential.
Get involved in affiliate programs where you can endorse and sell products or services from other companies. When a viewer purchases the item or service after watching your content, you receive a commission. It’s important to prioritize brands that you genuinely love and trust to maintain the authenticity of your videos.
Generate income through TikTok by promoting songs in your videos. Record labels are willing to pay TikTok users to include specific tracks in their videos, with the goal of making the song go viral. With TikTok’s PlaylistPush program, you can earn up to $250 per video. The amount you earn will be determined by the number of views your video receives. To participate in the program, you can apply as a TikTok Creator.
Create income-generating opportunities by publishing sponsored posts on your TikTok account. Whether you are a TikTok influencer, a micro-influencer, or a nano-influencer with a decent following, brands are willing to collaborate with you to promote their products or services. Your role is to produce engaging content that showcases the brand and share it with your dedicated followers. In return for your efforts, the sponsor compensates you with money, allowing you to earn a passive income.
Start earning passive income by becoming a brand ambassador. A brand ambassador is someone who promotes and raises awareness about a company’s products and services, with the aim of increasing sales. Unlike regular influencers, brand ambassadors are usually hired by a company for a long-term commitment and possess extensive knowledge about the brand. They may even enter into an exclusive partnership with the brand. Brand ambassadors are compensated through various methods such as short and long-term paid agreements, affiliate links, and receiving free products. So, if you’re looking to earn money, consider becoming a brand ambassador and enjoy the benefits of a passive income stream.
Create and market TikTok accounts for profit
If you possess the talent to naturally increase your TikTok followers, you can explore the option of creating and selling TikTok accounts. As it requires time to build a substantial following on TikTok, certain companies are willing to pay for an already established account. To accomplish this effectively, it is advisable to concentrate on a particular niche market that can be easily transferred to a potential buyer.
Generate income passively by collaborating with influencers who can help expand your brand and increase sales. To effectively market your product or service to a wider audience, search for TikTok influencers who create content relevant to your industry and have a target audience that aligns with your brand. Once you have identified the influencers you want to work with, you can initiate contact either directly or through their talent agency to establish a partnership.
Content creators have the opportunity to earn a passive income by receiving donations through live gifting on TikTok. This means that while viewers are watching their live videos, they can send them gifts in the form of TikTok’s digital currency called Diamonds. As content creators accumulate enough Diamonds, they can then exchange them for either monetary rewards or virtual items.
In order to begin earning passive income through TikTok, there are certain eligibility criteria that need to be met. These include being at least 18 years old and having a TikTok account that is at least 30 days old, with a minimum of 1,000 followers. When you earn money on TikTok, you will keep 50% of the income, while the remaining 50% will be taken by TikTok as a commission.
Generate income through crowdfunding
If you’re seeking financial support for a new business venture or the launch of a product, leveraging TikTok for crowdfunding purposes can be a viable option. Crowdfunding involves sharing your innovative idea, selling preorders, and utilizing the funds received to develop and deliver the product to your backers. TikTok provides an excellent platform to promote your crowdfunding campaign and attract potential supporters.
If your followers appreciate your content, they have the option to send you direct monetary tips through your TikTok profile. You have the advantage of retaining the entire tip amount, except for the small fee charged by Stripe for processing. However, before you can begin earning tips, you need to fulfill TikTok’s prerequisites. These include being at least 18 years old and having a minimum of 100,000 followers.
Maximize your business potential
If you’re already running a successful business, TikTok can be a valuable tool to promote your services and attract new clients or customers. Regardless of whether you’re a web developer, child psychologist, or fitness guru, sharing short videos showcasing your expertise can effectively broaden your audience and generate more income opportunities.
Finding the most suitable method to earn money on TikTok can be a daunting task, but when you find the right fit it’s worth it.