9 Best Ways to Make Money on TikTok in 2021

How to make money on TikTok.

TikTok has been one of the fastest growing social media platforms, making it one of the most popular in 2021. With this increase in popularity comes an increase in opportunity to make money on TikTok.

Anyone can make money on this social media platform. In fact, it’s a lot easier to make money on TikTok than you might have imagined.

The best way to make money on TikTok is to join the creator fund or sell merch. Many TikTok influencers are in the creator fund and use their platform to sell merch to their followers. Using TikTok to promote your business can also be a good way to earn money on TikTok in 2021.

TikTok is a great platform to use when wanting to make money online. By the end of this article, you are going to know what the 9 best ways to make money on TikTok are and how you can start making money today!

This post may contain affiliate links. For more information, see my disclosure policy.

How to Make Money on TikTok?

Making money on TikTok is quite easy if you know where to start. However, most ways to make money on TikTok involve having somewhat of a following to start. This can be 10,000 or 100,000 followers, the specific number does not really matter. You want to have a little bit of a following so people actually see your content or what you promote.

Take selling merch, for instance, in order to start selling merch you will need to have people that watch your videos. This means originally you will have to create content that people enjoy watching. If people enjoy the content that you put out they are more likely to follow you and buy your merch.

The same goes for selling affiliate products. In order for people to see the products that you promote, you will need a following of some kind. Thanks to the TikTok algorithm, if you produce content that people enjoy, becoming an overnight success is possible.

There have been many instances where people have had one of their videos go viral and they have gotten tens of thousands, if not hundreds of thousands of followers in just a single day.

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How Many Followers Do You Need to Make Money on TikTok?

You can start making money on TikTok with only 1000 followers depending upon how you monetize your page.

There is not follower requirement to start selling merch or affiliate products on TikTok. However, the more followers you get (1000 or more) and the more engaged your followers are, the higher chance you have at making money.

If you want to join the TikTok creator fund and start making money that way, you will need at least 10,000 followers.

How to Make Money on TikTok Creator Fund?

As of writing this article, you need to meet a couple of requirements in order to join the TikTok creator fund.

You need to be located in the US, UK, Germany, France, Italy, or Spain and be at least 18 years old.

At least 10,000 followers is needed with at least 10,000 video views in the last 30 days.

Additionally, your account needs to follow the TikTok Community Guidelines and terms of service.

If you meet all these requirements, you can apply to the TikTok creator fund and start making money.

Those who meet the requirements will be able to apply through the TikTok app.

How to Get Free TikTok Money?

The TikTok creator fund is one of the easiest ways to start making free TikTok money. If you meet the criteria, apply and start earning!

Other ways of getting free money from TikTok include shoutouts and sponsored posts. It is possible to start earning money with less than 10,000 followers by selling shoutouts.

Can You Get Sponsored on TikTok?

Yes, you can get sponsored on TikTok. By reaching out to brands you can easily start to make from your videos.

Sponsored TikTok videos can make about $100 for every 10,000 views. The more views you get, the more money you make!

9 Best Ways to Make Money on TikTok in 2021

1. TikTok Creator Fund

The TikTok creator fund was first launched in July 2020. The whole purpose behind the creator fund is to pay TikTok creators for their videos.

In order to apply to join you need to meet a few requirements such as having 10,000 followers and 10,000 video views in the last 30 days. You also need to follow the TikTok terms of service and Community Guidelines.

As of right now, people in the US, UK, Italy, Spain, France, or Germany can join if they are at least 18 years old.

The TikTok creator fund pays about 2-4 cents for every 1000 video views. This means if you want to go full time of TikTok you would need an extremely large amount of views each month to make a decent living.

Not everyone can achieve this type of success so they decide to monetize their TikTok following is other ways.

2. Sell Merch

Selling merch is one of the most popular ways to make money on TikTok. Since it’s one of the easiest ways to monetize your following, most content creators decide to sell merch of some kind.

Typically, we see creators selling t-shirts or hoodies with their logo or name on them to their fans. The great thing about selling merch is there is no minimum amount of followers needed to start.

A TikTok account with zero followers could create a merch store. However, the larger your following is on not just TikTok, but any social media platform, the more merch you could potentially sell.

This makes sense if we look at it from the perspective of more people seeing your content, which means more potential buyers. But thanks to TikTok, if you create engaging, sharable content there’s a good chance your video could go viral and you might become an overnight sensation.

3. Affiliate Marketing

Affiliate marketing is another way to make money on TikTok in 2021. There are affiliate programs to sign up for in every single niche. This means literally anyone can start earning money this way.

If you haven’t heard of affiliate marketing before, it is simply when you sell someone else’s product for a portion, or commission of each sale.

These affiliate commissions will vary depending upon which niche you are in. However, a lot of affiliate products have between a 20% to 70% commission.

I am a huge supporter of affiliate marketing because it is so easy to start. Using social media like TikTok to promote affiliate products takes zero investment and is completely free.

The best way to start making money selling affiliate products on TikTok is to choose a product that is fitting for your niche.

Take a TikTok account that is in the fitness niche. Becoming an affiliate for a gym equipment business would work well for fitness influencers. This is because the people following this fitness influencer might be looking for gym equipment of their own.

After you choose an affiliate product, next comes advertising. This could be as simple as telling your audience to visit the link in your bio to check out the affiliate product.

Continue making content promoting your affiliate products, and over time you will increase your sales!

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4. Promote Your Business

Have you ever wanted to start your own business but struggle to promote it? Well, TikTok might just be the platform to start using.

Many small businesses have created videos that went viral resulting in hundreds, if not thousands of additional sales.

It is entirely possible to start promoting your business on TikTok, create a few videos, and one takes off and goes viral.

Your business could go from zero sales to thousands in just a single day.

Promoting your business on TikTok could seriously be a game-changer.

If you are thinking about starting a small business or already have one, you need to check out FreshBooks.

They are an online invoicing and accounting software specially designed to help small businesses. It is super easy and simple to start, even if you do not have any accounting knowledge.

Start using FreshBooks today!

5. TikTok Consulting

If you know a lot about TikTok and understand how it works, you could help others grow their accounts.

There are a ton of people and businesses that want to increase their presence on TikTok but are struggling to do so.

This is where you can come in and offer your services. People are willing to pay a lot of money for help with improving their TikTok account.

As a TikTok consultant, you would help others develop a strategy to grow their following on TikTok.

6. Shoutouts

A classic way to make money on any social media platform is from shoutouts. TikTok is no exception to this rule.

A shoutout is simply when you mention another brand, person, or business in the content you create.

As you increase your following on TikTok, more and more businesses will start to reach out and offer to pay you for a shoutout.

Typically, the more followers you have, and the more views your videos get, the more you will get paid from shoutouts.

7. Promote Your Music

TikTok is a social media platform that is heavily music-focused. By putting your music on TikTok it could get a lot of exposure that it might have never gotten previously.

It just takes one viral video with your music to jumpstart your music career.

8. Sponsored Posts

Sponsored posts are another great way to earn money on TikTok in 2021.

They are similar to shoutouts but most of the time require you to create content that is specific to the brand that you are promoting.

If you have a following on TikTok, many brands are willing to pay a lot of money for you to advertise their product or service.

When deciding upon which sponsor to go for, pick ones that have products or services that your followers would actually enjoy.

For example, if you are a fashion TikToker, choosing a fashion brand as a sponsor would be a good idea.

9. Donations

You can also make money from donations on TikTok. TikTok users can purchase coins that can be used to send to creators when they go live.

The TikTok creator can then turn the coins into diamonds which can then be turned into real money using PayPal.

Conclusion

As you can see there are many ways to make money on TikTok. Whether you are just starting out and have zero followers, or you already have a large following, there are plenty of ways to monetize your account.

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