Although it has not been around for long, Tiktok is a social entertainment network that is loved by many young people with many unique features. In particular, Tiktok is a playground for creators to show their talents and open up many business and money-making opportunities to increase their income. As a Tiktok user, you want to learn how to make money from Tiktok quickly without having to spend capital. Then don’t miss the article below from Optimal Agency to learn about ways to make money from this hot social network!
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How does Tiktok pay?
The Tiktok social network not only provides a space for users to freely create entertaining videos, provide useful information, and many other content. Tiktok has created opportunities for content creators to make money based on the number of views their videos receive. For a video with 1,000 views, the creator will receive about 0.02 – 0.04 USD. For a video with 1 million views, the creator will receive about 20 – 40 USD.
However, this monetization feature on Tiktok is only applied to accounts with IP addresses from countries such as the UK, Germany, the US, France, etc. In Vietnam, Tiktok has not applied a policy of paying for video views. Instead, this platform provides many money-making opportunities to help users increase their income quickly such as doing affiliate marketing, PR for products or brands, etc. The amount of money that users earn is very diverse and will depend on their ability and popularity (views, followers) on their Tiktok channel.
How to register a Tiktok account to make money
To make money from Tiktok, users need to create an account to use. The steps to create an account and log in to Tiktok are very simple, you need to follow the instructions below:
Access the AppStore or CH Play on your phone, then type in the keyword Tiktok and proceed to install the application on your device. After completing the installation, click on the application and proceed to register an account with your phone number or Email, Facebook, Google, or Twitter. After entering your phone number, the system will automatically send you a 4-digit OTP code to your SMS message and you need to enter those numbers to verify.
Now go to the Account section and select Edit profile to enter personal information, complete the profile: username, Tiktok ID, avatar, biography, and social links, … After completing the creation of a Tiktok account, you can start creating videos to make money.
How to enable monetization on Tiktok
If you want to make money on Tiktok, you need to enable monetization from this platform as follows:
Conditions for enabling monetization on Tiktok
Although Tiktok offers attractive business and money-making opportunities for users, not all accounts can enable monetization. Content creators who want to enable monetization on Tiktok need to meet the following requirements:
- Users registering for a Tiktok account must be 18 years of age or older
- The account must have over 10,000 followers to enable monetization on Tiktok.
- In the last 30 days, the account must have over 10,000 video views.
- The account has been activated as a Pro account.
- Use a Tiktok account from a foreign IP address (UK, Germany, USA, France, Spain or Italy).
Instructions on how to enable monetization on Tiktok
Once you have met the conditions, you can start enabling the monetization feature on Tiktok:
First, turn off your phone and remove the SIM card from the device. Next, you need to download and install the VPN application – Super Unlimited to Fake Vietnam IP to countries that allow monetization from Tiktok videos such as the UK, USA, France, and Italy, …
Now, go to the Settings section of your phone, select General Settings, then select Language and Region, then change to English. If you want to change to the US time zone, select the US region in the Date & Time section. Next, access the VPN application to change the phone’s IP address to the US, then download a new Tiktok and enter the application. For the question “Do you allow access to your device?”, select No.
Then go to your personal Tiktok page, click on the 3 dots in the upper right corner, select Account Management, and select Switch to Pro account. Also in the Account section, select Author Tools and select TikTok Creator Fund. After completing the steps, the monetization feature on Tiktok has been activated. Now you just need to wait for approval from Tiktok’s censorship board within 1 – 3 days and you’re done.
Readers can refer to our other related articles such as how to create Bio link on Tiktok.
How to make money from Tiktok fastest and most successful
Affiliate Marketing
This is considered the most popular way to make money on Tiktok and is the easiest to do today. You need to place product links on your page on Tiktok. This method of making money is applied to Tiktokers with high interaction and followers who will receive bookings from brands. Then they will upload review videos, tips, tricks, … and then place the link at the top of the TikTok profile. When viewers click on the link and buy the product, you will receive a commission. The click rate will correspond to the income that the Affiliate receives. After a month of operation, the brand will summarize and send the income to the Tiktoker’s account.
Dropshipping
One of the forms of making money is no longer too strange to many people and is now very popular on Tiktok. With this method of making money and doing business, you do not need to own or store products in your warehouse. Instead, you need to find a reliable source of supply with quality products at a good price. Then you need to create a booth, focus on promoting products, consulting, and closing orders. When there is an order, you will transfer the order information to the supplier for processing and delivery to the customer. The amount of money you receive will be based on the difference between the purchase price and the selling price.
Brand promotion
Similar to other social platforms, you can make money from promoting brands on Tiktok. By experiencing products from brands, then share your feelings and give convincing reasons why viewers should use this product. When you will become an intermediary between buyers and sellers through advertising.
For each successful order from your promotional video, you will receive a commission. However, with this method of making money, you should choose products from reputable, quality brands because it will directly affect your image.
Product PR
If you are an Influencer or KOL with great influence, possessing a large number of followers and fans, you can apply this method of making money. When you influence any field, brands will come to you to cooperate and make specific agreements such as commission or income received. Your job is to create attractive videos that incorporate their branded products and include the main hashtags of that product below.
In-app shopping cart link
Not only an entertainment application, Tiktok also brings a shopping experience right on the channel, convenient. You can build booths right inside the application to promote the shopping process of customers. You can completely link directly with Taobao, China’s largest e-commerce platform. This helps you expand the market and reach a large number of potential customers.
For this way of making money from Tiktok, you need to create videos to share and promote products and then attach product links at the end of the video. When viewers click on the link, they will be directed to your store. Where they can explore more products and easily make purchases.
Freelance for the position of Video Creator
If you are someone with a lot of experience in filming and designing professional videos, don’t miss this opportunity to make money. For businesses that do not have a lot of human resources or the ability to create attractive videos that attract potential customers, they will hire you to do it. Your job is to write video scripts, film videos, edit videos and edit videos, … The income you get will depend on the number of projects you accept and the quality of the videos you create. With trending videos, your income will be even greater.
Receive donations via livestream
With qualified accounts, you can do livestreams to interact with people as well as earn money from receiving donations. When viewers like you and are excited about the useful content you share, they will donate to you with items purchased at the store. After receiving the donation, you can convert the items into money and transfer them to your bank account.
Make money through TikTok from digital products
In this form of making money, you will join groups or service websites to support marketing and introduce certain applications or products. If there are users who register or download the app through the process of marketing and promoting digital products, the supplier will pay you. You can introduce products including applications and games on the phone, money-making websites, traders, and online courses, … This method of making money brings very high commissions without you having to pay any fees.
Personal business on TikTok Shop
Tiktok Shop is an effective online sales channel integrated into the Tiktok application to support businesses and enterprises to promote products, and brands and sell together. This feature is suitable for online shop owners who want to introduce and sell their products on Tiktok. Moreover, when you sell products on Tiktok Shop, you will receive attractive support policies to reach target customers and increase revenue.
Resell TikTok accounts and pages
This is one of the ways to make money on Tiktok that attracts the attention of many people. If you have Tiktok accounts or channels with a large number of followers and strong influence, you can sell them to businesses in need. Although it initially requires investment and the account building process takes a long time. However, this method promises to bring a stable source of income with high-profit potential. To be successful, you need to focus on building an account with a large number of followers, high accessibility, and stable views. By creating attractive content, and building effective marketing strategies to maximize interaction.
Not only Tiktokers, KOLs, or Influencers can make money on Tiktok, but many people have succeeded and achieved a desirable income from building channels as well as taking advantage of money-making opportunities. With the how to make money from Tiktok that we have shared above, you can choose the most suitable method to help increase your income. Be persistent in pursuing the path you have chosen and work hard to reap sweet fruits in the future.
Please see more:
- What is Topview TikTok advertising?
- Not everyone knows how to help videos trend on Tiktok
- How to increase store followers on Shopee effectively?
Frequently asked questions
To enable the monetization feature on Tiktok, you need to ensure that your channel has 10,000 followers. In addition, Tiktok accounts must meet the conditions such as users registering for an account must be over 18 years old. The account has more than 10,000 video views within the last 30 days. In particular, the account has been upgraded to a Pro account and only Tiktok accounts from countries such as the US, UK, France, Germany, Italy, and Spain can enable the monetization feature.
According to Tiktok’s policy, content creators will be paid from 2 – 4 cents equivalent to 0.02 USD to 0.04 USD for every 1,000 views on the video. Applying this formula, with a video reaching 1 million views, the creator will be paid about 20 USD to 40 USD. However, creators can expand their business opportunities and make money with videos with many views.
