One of the things peculiar to popular social media platforms is the presence of influencers and business owners with the aim of converting the platforms’ traffic into cash. It takes a lot of studying, as the systems aren’t really similar across the social media platforms.
TikTok, being a popular and still rising social media platform, also has its fair share of users with the intent of converting traffic to cash.
Being an intuitive platform, TikTok made provision for people to make money from its platform. These provisions on how to make money on TikTok will be discussed in this article on how to make money on TikTok, with different systems available on the platform.
How To Make Money As A Social Media Influencer on TikTok
In my opinion, being a content creator / social media influencer has to be the most popular system people employ when trying to make money from social media platforms, with TikTok being inclusive.
It basically requires you to select a niche. It could be comedy, education, etc., just something that can keep people engrossed on your social media page.
Building a large following sounds like a lot of work, but in reality, it’s just the first step. There are other important steps/ measures you need to take, which will be discussed here.
Also Read: How To Sell Products On TikTok / Make Your Business Profitable
TikTok has a creativity program that allows influencers with at least 10,000 followers to earn money from content even before they begin getting endorsements from companies seeking to advertise their products through influencers’ channels.
To begin earning from this creative program, every influencer is required to follow these steps and meet the following criteria:
- The TikTok creativity program isn’t available in all countries, so you can make a Google search to confirm or quickly run to the Creativity program page under the creator tool section to check if your country is supported.
- Ensure you have at least 10,000 followers on your TikTok account
- Make sure your videos are at least 60 seconds long, and they should be 100 percent original without plagiarism
- TikTok also mandates that you shouldn’t be making videos with paid promotional content tags
- You are also required to get at least 1000 views for your page.”
- Finally, note that TikTok pays using an RPM system, and your RPM increases as the engagement on your content increases.
Making Money on TikTok Via TikTok Shop Affliate
This is another avenue for influencers to make money when they haven’t begun making money from endorsements.
In the TikTok Affiliate program, Influencers can create relationships with sellers and earn commissions.
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Once you have registered for the TikTok shop affiliate program, you will select your preferred niche, after which you will be provided access to a marketplace filled with a plethora of products to promote.
We have discussed how to make money from TikTok as an influencer, now let’s discuss how to make money off TikTok as a business owner
Making Money on TikTok As A Business Owner
Just the way TikTok has set in measures for influencers to earn wads of cash on its platform, there are measures put in place to help business owners. Good tools to increase visibility and sales of products. It is important to check for these tools before employing the services of an influencer/content creator.
Taking things off with creator content, business owners who aren’t very learned in the aspect of creating content, can employ the AI TikTok sister app “CapCut Commerce Pro”. With the CapCut Commerce Pro, you would be able to create engaging content to showcase in your products.
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Having armed yourself with engaging product content, you are to then proceed to register on the TikTok shop seller center, fill in your particulars, and finally register.
After that, it is important to note that TikTok has a special Google Pay and Apple Pay feature that allows customers to quickly pay for the item from the post you made. Which in turn makes payment faster and reduces cart abandonment.
Wrapping up: There you have it – a comprehensive tutorial on how to make money on TikTok as an influencer and also as a business owner.