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How To Make Money on TikTok

Introduction

You can make money on TikTok without being TikTok famous. If you've ever thought, "Hmm, I should be using TikTok to start making some money," you definitely should and can. This is Enrico Fresa; his skincare business made 15,000 sales in one day because of TikTok. This is Sean; he's 26 and makes 10,000 a month as a TikTok consultant. So whether you want to be a TikTok influencer or use TikTok for your business, today, you'll learn how you can make money on TikTok. Also, make sure to subscribe to Learn with Shopify to get the knowledge that you need to start, grow, and run your online business. Without further ado, let's get started.

Introduction

My name is Michelle Bally, and I'm a creative strategist with a strong suit in social media. I've worked with many businesses, helping them grow and monetize their accounts and create content. In today’s article, you’re in good hands, and I'm here to give you the scoop.

Frequently Asked Questions

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

Here’s a quick overview:

  • Nano influencers can make $ 5 to $ 25 per post.
  • Micro influencers can make $ 25 to $ 125 per post.
  • Mid-tier influencers can make $ 125 to $ 1,250 per post.
  • Macro influencers can make $ 1,250 to $ 2,500 per post.
  • Mega influencers can make $ 2,500+ per post.

How Much Do Influencers and Brands Actually Make on TikTok?

There’s no fixed salary, but here are some examples:

  • Small businesses making one video a day could potentially earn $ 36,000 a year.
  • Charlie Demilio earns $ 40,000 to $ 60,000 per post.

How Much Money Can You Actually Make on TikTok?

If you’re in the Creator Fund, you can make about 2-4 cents per thousand views. For instance, if you get half a million views, you might make about $ 20. Larger influencers can make $ 100,000 to $ 200,000 a year with Creator Fund.

What Are Some Ways You Can Start Making Money Using TikTok?

  • Sell Products and Services: Businesses can use TikTok to promote their offerings. For instance, the unexpected clothing brand started as a high school project and then blew up on TikTok.
  • Sell Merchandise: Influencers can sell merch to their fans, like printing catchphrases on hoodies.
  • Go Live and Collect Virtual Gifts: Users can send virtual gifts during live streams, which can be converted into dollars.
  • Create In-feed Ads: You can use TikTok ads manager to get your content in front of more people. These ads integrate seamlessly with Shopify, making it easier to track and boost sales.

How Can You Grow on TikTok?

Here are three simple steps:

  1. Hook People: Start videos with a question and introduce elements of suspense every five seconds.
  2. Stick With It: Maintain a consistent posting schedule.
  3. Rinse and Repeat: Once you find what works, create more similar content.

How Do You Find Brands to Work With on TikTok?

  • Focus on Growing: Brands will naturally want to work with you.
  • Start Reaching Out: Collect emails of brands you want to work with, and reach out with a press kit.
  • Create a Portfolio of Work: Showcase non-sponsored tick-tock videos about brands you love.
  • Work with an Influencer Agency: Use platforms like #paid to connect with brands.

What Are Some TikTok Marketing Hacks for Creating Content That Makes Money?

  • Tell a Story: Use engaging stories to talk about your products or brand.
  • Stay Up-to-Date with Trends: Use trending songs, dances, or current events to make timely content.

TikTok is a great way to promote your online store. Start making TikTok content now to drive people to visit your online store and make money. If you're interested in starting your own business, there's a link to the Shopify free trial in the description box. Sign up and get set up right away.

Thank you for joining me today! My name is Michelle Bally with Learn with Shopify, and we help you start, run, and grow an online business. Make sure you are subscribed so that you can learn more. See you in the next one!

Keyword

  • TikTok
  • Making money
  • Influencers
  • Business promotion
  • Creator Fund
  • Virtual gifts
  • TikTok ads
  • Growing followers
  • Working with brands
  • Marketing hacks

FAQ

How many followers do you need to make money on TikTok?

Different influencer levels (Nano, Micro, Mid-tier, Macro, Mega) earn varying amounts, starting from $ 5 per post.

How much do TikTok influencers earn?

It varies. Small businesses can make $ 36,000/year with consistent posts, while top influencers like Charlie Demilio make $ 40,000 to $ 60,000 per post.

What is the Creator Fund, and how much can you earn from it?

TikTok's Creator Fund pays 2-4 cents per thousand views. Large influencers can earn up to $ 200,000 annually with the Creator Fund.

What are some ways to make money on TikTok?

Selling products, selling merchandise, going live and collecting virtual gifts, and creating in-feed ads are effective methods.

How do you grow your TikTok following?

Hook viewers with engaging content, maintain a consistent posting schedule, and repeat what works.

How can influencers and brands collaborate on TikTok?

Focus on growing your account, actively reach out, create a compelling press kit, showcase sample work, and consider working with influencer agencies.

What are some marketing hacks for TikTok content?

Tell engaging stories about your brand or products and stay up-to-date with current trends to create timely content.

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