How To Make Money On TikTok - Full Guide
What did you say Tiktok is? Social commerce? Huh? Has Gary B ever influenced you? More and more he's talking about Tik Tok and it sure is perking up the ears of entrepreneurs and marketers like myself. Why is that? Well, Tik Tok has a lot of interest right now and not a lot of content. So those who are creating content are seeing crazy views and some people are going viral literally overnight. Here's the thing, the same thing happened to Instagram just a few years ago. People got interested in this app that was normally just for teenagers, but they thought that the way to make money through Instagram was to get a lot of followers. But now that we see Instagram as a full blown marketing tool for business where you don't actually need a lot of followers, I can see that more and more people are looking to Tik Tok.
They don't want to wait years to figure out the platform and how to monetize it. They want to jump on it early so that they can capitalize on all the interest today and start making money from Tik Tok. So if that's you, if you're interested in jumping on a platform early and looking at how to actually monetize your following, that's what I'm covering in today's videos: six ways that I'm seeing people actually make money today from Tik Tok. And stay tuned until the end. I'm going to share with you why Tik Tok might be more powerful than even Instagram. Yep. I said it. I am a full-time Instagram marketer, but I definitely have my eye on Tik Tok and I'll share with you all my thoughts at the end of this video. My name is Elise Darma and when I'm not working from beautiful Costa Rica, I'm helping entrepreneurs like yourself turn Instagram into a new revenue stream in your business.
And today I'm covering Tik Tok. Yes, another social media app that a lot of people have their eye on and a lot of people are making money from. So based on my research, here are six ways that I see people monetizing Tik Tok today. The first way people are making money from Tik Tok is growing accounts and then selling them. So this is becoming more and more popular in the eCommerce or product space. Similar to Instagram, you're going to choose a niche and then go ahead and create entertaining content, ideally content that goes viral to attract and draw that person who would be the ideal customer for your product. So there are people in the space today who are growing Tik Tok profiles around a certain interest. Usually it's a niche topic and they might not have anything to sell, but they're going to reach out to brands in that industry and sell their Tik Tok profile to them and people are legit making money this way.
The good news for product brands is once they have that account in their hands, it's actually fairly easy to sell products. One way that people are selling products is through Tik Tok live. They are launching products while livestreaming or they're actually holding kind of auctions while live streaming. And of course there is the link in the bio where you can always drive your followers to purchase your product. So if you're the type of person to love Tik Tok, and you just want to grow a following around a certain topic and really build that community around a certain topic, go for it and then reach out to those brands who would love to have access to those followers and sell them your account.
The second way people are making money from Tik Tok is going live and collecting donations from viewers. This feature of Tik Tok, I find fascinating. It's really a built in monetization platform, literally from day one. So from what I've seen, here's how it works. When you're a Tik Tok user, you can go into your profile and purchase something called coins. So for a hundred coins, I think it's like $1.39 from what I saw. I'm in the settings of my account right now and I'm just going to balance and it's showing me that I have a balance of zero. Haven't bought any coins, but I can recharge. And for a hundred coins it's going to cost $1.39. Now what do I do with these coins? The way this is designed is that when one of my favorite creators is going live, I can actually send them coins as kind of a way to give thanks for all of their effort in creating the content they do. What does the creator do with this coin? The creator turns the coins into diamonds and those diamonds can be converted into cash via PayPal.
Cool, right? So if you build up a profile yourself, you have a lot of followers, your followers have the ability to donate coins to you, which turn into diamonds in your account, which you can then convert into cash through PayPal. On the Chinese version of Tik Tok, that app's called Douyin, there is a next level feature similar to this. When creators are live, they can actually attach a shopping cart to a product that they sell. So it's kinda like QVC or the shopping article. You can go live, hold an auction, from what I can see, and people can buy your product while you're live through the shopping cart feature. So my guess is this feature is going to come to accounts worldwide sooner rather than later. The third way to make money from Tik Tok is to manage influencer campaigns. This isn't a new idea. There are straight up influencer agencies to serve Instagram influencers already. So the same concept applies to Tik Tok. You can be the middleman or the broker between a creator on Tik Tok and a brand who wants to work with that influencer. So from creating the agreement, um, managing both parties, making sure the deliverables are all met, just being that coordinator, you can charge a service fee to manage campaigns like that.
Tik Tok as a platform is smart. They actually have an internal influencer program already built in. So if I'm a big brand and I want to reach out to Tik Tok and say, Hey, this is the space I'm in, what influencers should I work with? I can do that. It's so smart. The only thing is I'm going to pay a percentage based on Tik Tok brokering that agreement. So that's why there is already a service where other parties or agencies can make that agreement outside of Tik Tok. It helps brands save a little bit of money. The fourth way you can make money from Tik Tok is by using their ads platform. So just like Facebook and Instagram ads, you can go Google right now, Tik Tok ads and sign up for access to their ads platform. So this is pretty self explanatory if you've ever run paid traffic before, but if your market's on Tik Tok it might be worth you creating a few ads, putting some budget towards experimenting there and seeing what happens.
Maybe you can sell more of your products through Tik Tok. The fifth way you can make money from Tik Tok is by offering management services for creators on the app. So you might've seen this, but some creators on Tik Tok have millions of followers and sometimes this happens really fast and overnight for that creator, it's like having a business land in their lap so you could step in and offer services to help them with their content strategy, their creative strategy, maybe managing offers and deals that come their way. But if you're, if you kind of have that background in production or storytelling, you could definitely apply that to offering management services to Tik Tok creators. Last but not least, once you become a pro on Tik Tok, and maybe you really understand how someone could take a video that maybe gets a hundred views and help them get 100,000 views, well you can simply offer consulting services. So this is a really great way to leverage your expertise from the platform and help people who want to be Tik Tok famous or they want to be creators, actually boost their strategy so that their videos get seen by hundreds of thousands, if not millions of people.
Of course, you need to have the background and the experience in this first to offer this as a service. But once you're there, I mean people will pay to have your experience and your brain on their account. And if you help them get any deals or influencer agreements, you can even negotiate a percentage or a cut of that deal simply because you are their consultant and you have helped them go viral on Tik Tok. So there you have it. Six ways that I see people making money from Tik Tok today, even while it's still really, really early on. So let's go back to my first point at the beginning of this video. Why do I, an Instagram marketer, think that Tik Tok might be more powerful? The way I see it, Instagram stories are kind of similar to Tik Tok videos, but they expire after 24 hours.
This is where Tik Tok is powerful because it actually is more like , meaning you can publish a video today, but maybe the algorithm picks it up months later and starts pushing that video into the feed of people who would like that video? Well, that has a lot of power to it because again, something you make once doesn't disappear after 24 hours. It can drive a lot of traffic and eyeballs to you months after the fact. That reason alone is why people are getting sometimes millions of views to their Tik Tok videos with very few followers.
It's because the algorithm is picking up your video, pushing it out. Again, there's a lot of interests and not a lot of content. So the algorithm is pushing it out to the people who it thinks is going to be receptive to that content. And hello waking up to millions of views with very few followers. I mean in today's day and age, I don't think there's any other app or platform that can give you those kinds of results right now.
So now we've reached the point in the video where I usually wrap things up with a succinct call to action, but I don't really have a call to action for this video. I was just interested in this topic on myself, AKA how are people making money really early on with a platform that's getting so much traffic. So if anything, this is just inspiring me to spend more time experimenting with Tik Tok. So I am on Tik Tok, go ahead and find me. I'm over @EliseDarma and hopefully by the time we connect, I have played around with a few more videos and maybe even one of them has gone viral. That would be pretty awesome. If you liked this video. And if you're interested in using other social media apps to grow your business, AKA Instagram, go ahead and head to freeinstacourse.com. I have a free masterclass there.
It's all about what's working today for business owners to turn Instagram into a revenue stream. That is a platform I know very well and I've helped literally thousands of people make a lot of money from that app. So if that's interesting to you, go ahead and head to freeinstacourse.com and I'll see you there. To ease and revenue. I'll see you in the next video. Hey, so we made it to the end of the video officially. If you liked this video and my style of teaching, go ahead and hit the comment button. Be sure to hit the bell so you're notified of all my future trainings. Just like this one..
hi this is Simon Leung from Simon Leung dot com (SimonLeung.com) and welcome back to our series on how to make money online more specifically how you can make money with Google for free today we're gonna follow up on another hot topic from my previous video on how to build a home business for free by far the most popular request was more information on how you can actually create a article uploading videos making money but not even showing your own face or even your own voice now just to let you know there is absolutely nothing wrong with either of these models because personally I have actually been able to deliver tremendous results to my various business using both these types of videos I have videos where I'm talking to the camera just like this I have videos where it doesn't show my face but you can hear my voice I even have videos or it doesn't even have my voice at all now being an introvert myself I obviously prefer the latter but as an entrepreneur we also like to challenge ourselves doing a lot of different things stepping out of our comfort zones so I actually don't mind to create these kinds of videos from time to time now going back to the topic at hand the feedback that I receive the most from my previous video are people who want to learn more about how they can actually make money without creating their own content for those of you who are not aware there are plenty of articles out there that are making a lot of money and they actually don't even create their own videos in fact all they do is they repost other people's content obviously if you're gonna be using other people's content there's going to be a right way of doing this and a wrong way of doing this in terms of the actual details themselves it's gonna go beyond the scope of what we have today as well as the time allotted for this particular video so if you're interested to learn more click on that like button in this video and also leave a comment below this video letting me know that you're interested to learn more about this particular strategy if there is enough interest I'm gonna go ahead and put that on my priority list for one of the future videos that I'm gonna be creating so if you're interested to learn more and would like to be one of the first to be notified when these videos are ready please consider to click on that red comment button as well as clicking on that Bell icon so that you won't miss a single video in terms of today we're gonna talk more about how so many people have created all these different articles we posting other people's content and making so much money on content that they didn't even create on their own more importantly I want to show you how you can actually do the same thing but first you might be wondering where exactly is all this content coming from the answer is that content is literally everywhere on the Internet there are so many platforms out there and so many social media networks with user-generated content that were literally sitting on a goldmine and like I said because we're dealing with other people's content there's definitely a right way and a wrong way of doing this but when you do it the right way I want to show you just how profitable it can really be now because I don't want to overwhelm you with too many of these different platforms where you can take your content from let's start with one of the most popular in the world right now which is of course tick tock I'm sure you're probably just as excited as I am to dive right into this so without further ado let's go welcome back now unless you've been living under a rock recently you would know that one of the biggest trends as of late is an app called tick tock basically tick tock allows anyone to record short video clips of themselves they mostly include music dancing and whatever other challenges that happened to be trending it started off as a very popular app in China called dough Yi and changed your name to musically once it expanded to the global market and now has been rebranded to tick tock and ever since then it just simply took off like a rocket all across the world in all kinds of languages so now that you're all caught up in the history of tick tock how can you make money with it well as you know one of our favorite ways on making money is with Google which includes and as we had previously discussed you can build a very comfortable home business for yourself by simply creating videos and you don't have to record it yourself and simply create them into a compilation one of the best tips I can give you when it comes to creating compilation videos or any videos for that matter is to do them on what's popular what's trending and have the potential to go viral and right now tick tock is simply blowing up big so now is the best time for you to leverage on that let me show you some examples when we go back to and do a search on tick tock we can see some of the video results that come up to give you a better idea on how popular they are you can see these kinds of videos are incredibly getting millions and millions of views the first one that comes up has 3.6 million views and it was only uploaded one month ago the second one has 9.2 million views within the last five months and as we scroll down you will see even more now to give you a better idea on what to do with some of these videos let's go ahead and click on one of them to give you a better idea on what this video is all about now as you can see the moment that we clicked onto the video the ad already starts playing which proves that this in fact is being monetized we're gonna go ahead and skip the ad and check up the video to see why it's so popular I'll speed it up a little bit as well because we don't actually need to watch the whole thing just to get a better idea on what's happening in these videos now just as we thought it's simply a compilation of other people's videos which means that all this person is doing is finding these tic toc videos downloading them and compiling them into their own compilation which they then upload back onto it's definitely not hard to do I mean it's a little bit of work maybe it'll take you 20 30 60 minutes of your time a day when you're first starting out but short beats slaving your life away at a nine-to-five job that you absolutely hate right and I can almost guarantee that by doing it this way you will make a lot more money than a nine-to-five job a lot more money let's see how much this guy is estimated to be making as we talked about last time you can actually find out a articles estimated earnings just on ad revenue alone by using a cites or extension called social blade now my extensions are currently turned off as I had a bunch of them installed previously and they were really slowing down my browser so we're gonna go ahead and use the social blade website for this one now this article let's go ahead and copy this articles username from the URL we will then go to social blade paste it into this section right here click on the search button and as you can see down here this article is making up to $100,000 a month by simply posting tik-tok videos even on the low end assuming they're really struggling to get the ad revenue they're still making a minimum of at least six point five thousand dollars USD every single month which is more than what most jobs out there are paying anyway right hey if you ask me I'll take it when we go back to the search results we can see that the second article that comes up is a video called tick tock videos this one is also a compilation of tick tock videos and so we're going to go through the exact same process to figure out their estimated earnings copy this go back to socialblade paste this in and find out this one is making up to sixty five thousand dollars USD every single month not bad right let's go ahead and take a look at another article this one down here looks to be quite popular let's go ahead and click on the article name go into the article directly find the username copy that and go back directly to socialblade we paste this in and this particular article is making up to eighty seven thousand dollars every single month let's go ahead and do one more here is another article that has a very popular video and when we go through the same process and do that one more time copy the username go back to socialblade paste that in we will see that this particular article is making $80,000 USD a month as well now I think just by taking a look at some of these articles you already get the idea all these sites are doing is taking tic toc videos and compiling them into their own that's it and if how much money these videos are actually making for these articles is any indication on how well you can actually be doing if you're doing the same thing I think we will all be very happy already even if we only make a fraction of what some of these articles are making right now but of course nothing is stopping you from making just as much or even more than some of these articles tic toc is only the tip of the iceberg there's so much more that you can do and combine everything with all the various strategies that we talked about here and we'll continue to talk about more right here in this article so if you want to be in the loop when we do release that content make sure to consider subscribing if you haven't already click on the red button that you see on this page hit the bell icon while you're at it so that you won't miss anything and stay tuned for the next and subsequent videos where we will continue to provide you with more valuable tips to help you become a more successful online entrepreneur powerful leader and an overall better version of yourself hope this was helpful to you thanks so much for watching and I'll catch you on the next one you
all right so today let's talk about how people are making money online with tik-tok in order to literally generate six figures we're gonna do a deep dive analyze what these influencers are doing and what are things I love doing all the time whenever there is a new platform that's booming I love to always observe like a cobra in the grass I like to see what's proven rather than just dive headfirst without any real strategy so today I'm gonna be sharing with you my thoughts when it comes to tick tock and what I've observed from the people that's not just building a following but the people it's actually monetizing and you're gonna be surprised that some of them that's generating six figures they don't even really have a following and we're going to talk about and show you how to make that happen even if you've never done tick tock before let's first talk about this first platform my initial thoughts was that this platform is just for kids they've got no money they're not serious I'm talking about entrepreneurship they're not gonna be a good message to market-match but here's one thing that happens every single time with new platforms there's always a point in time where the price of attention is underpriced I remember when there were all these different platforms and I was experimenting with them there's a point in time when the game was easy so let me show you some successes as well as failures for example building up facebook pages when I did that about six years ago man the game was easy attention was underpriced I would be creating all these different Facebook pages including my own I built my own Facebook page over 2 million followers and life was good and with all types of platforms what eventually happens historically it's always the case where life is good think of it as like I don't know back in the 50s perhaps when TV just came in right and people didn't really understand what it was there were the critics that said you know radios the way to go and advertising's won't work on TV and then after that people made a killing on TV and then came along email in I don't know 96-97 and during that time if you were doing email marketing you will be making a killing why because that's where attention is and underpriced and then after that the evolution of that would be like for example Google Ads if you are running Google ads when I was 2006 and if you had the privilege to even do that before in 2004 or something you would be crushing why because attention was there underpriced you could be getting clicks and like one cent and getting driving really targeted traffic to your offer so same thing with facebook same thing all these different platforms now let's talk about tick tock right now I've had the privilege to try all these different platforms I've made mistakes where I went headfirst just for example a periscope in my periscope article hmm I'm not sure why t0 broadcast but I did like a lot of videos live videos back then when it was the new thing when this thing was like you know about live videos and Facebook live didn't exist I thought this is amazing periscope is going to be the future so I don't hit first and I started creating all these different things videos like every single day I'll ask you know my followers to tap and I built over a thousand plus followers I got a lot of engagement but eventually I was in this thing for like maybe two months the Facebook live came out and well periscope literally died overnight the point I'm trying to make is that the thing that will stop people from utilizing tik-tok right now is they think either number one it's going to die soon or it's a fad it's not gonna last and I'll talk about that soon enough or number two the audience and your audience is not there and I'm gonna handle that objection as well in other words many people think including myself think that it's about utilizing this app and creating this these cringing lip-syncing music videos on Tik Tok which is by the way why I never started like I didn't want to do it as I'm observing what other people are doing to literally generate six figures I'm gonna be showing you what they're actually doing to monetize in case you don't know what tick tock is it's basically an app that allows you to create these goofy 15-second videos with different effects and filters by the way right now tick-tock they have exceeded 500 million active users monthly and to give you some perspective to that Instagram has actually reached 1 billion so tick-tock is halfway there and the reason why I'm really observing and studying tick-tock right now is because I used to think what tick tock is today what Instagram was five years ago five years ago I looked at Instagram or maybe six years ago I thought instagrams stupid I thought it was just an app to create filters for images and I thought you know what my target audience of serious entrepreneurs they're never gonna be on Instagram disgust it's just an app for filters and it's for like teens and hippies and people like to travel but when people started building up the platform and following when Instagram came up with things like sweat up features and ads in their stories boom it had massive ROI for people there was an early adopter who built that following early which but in my case I missed out on that book what does it mean it means that if you want to start generating an income on tik-tok if you take a look at what the six-figure earners are doing let's jump straight into it number one is cross promoting platforms they're building of following on tik-tok which is underpriced right now and that's where attention is and it's easy because the algorithm and organic is still amazing and if you notice organic on Instagram is actually following over the months and it's it's gonna continue to decline this that's just how all platforms evolve so right now the first thing what marketers are doing is the building and following a tick-tock there isn't really monetizable yet but they're cross promoting the cross farming platforms and they're taking that tick-tock following into a platform that is monetizable like so they put out stuff on tick-tock and it isn't monetizable but they have constant call to actions to their content to their video on and on you've probably seen it before when you click a video chances are there's an ad the pre-roll ad happens before the new tube video is played and that's how they're monetizing the building that following on tick-tock for cheap and they are migrating P over so this first strategy that you'll notice a lot of marketers are doing right now it's the same strategy that is repeated over and over again across all these different platforms the biggest consideration people have right now is what if it's a fad what if it dies out in the year three years five years what it ends up to become like snapchat a periscope where it was hot and then it died the truth is again this is the same consideration I have but the way I look at it today is that when it's new whether it's one year three years five years we don't know if it's your state but what we do know is during a time when it's underpriced there are tons of opportunities where before it dies out you actually migrate that following to a different platform and you take a look at how some big names today like logan paul jake paul where they start from they stopped it from platforms like musically where it's dead today but they were smart rather than clinging on and hang on to this dying platform you just want some markers do they move their brand they're following in their message and they evolve and that is why some marketers died some marketers who were big in perhaps MySpace like I know Tina tequila or something it's been a long time right but there were those big names on MySpace but they were hanging on to that thing and they failed to migrate and that's when he died so understanding that when a platform dies it's okay because all platforms with maybe with with an exception to Facebook or and I don't think it's going to die in our generation I could be wrong but whatever it is it has got a limited shelf life and rather than thinking oh wait it's got to die eventually it is gonna die eventually understand that that is why all the more you want to Double Down when it comes to underpriced attention so that's number one building the following for the purpose of migrating it because of underpriced attention number two is tick-tock compilations on now I know that sounds absurd but hear me out okay I'm gonna walk you through the numbers on the screen and I'm gonna show you exactly how that works I am on right now and I'm literally typing in tick-tock compilations and over here I'm gonna filter it based on view count so that it literally shows me all of the different videos that ranked for this keyword in here and you'll notice that like this first video that 11 months ago has 352 million views another one has 48 million 30 million 25 million 20 million 18 million and basically it's just compilations of other 15 seconds tick top challenges or stuff that was funny in one video so for example let's take a look at this this one video that has 350 to 352 million views okay right and I know it looks absolutely stupid and if you are in you know in my age group you probably think it's stupid as well but hey guess what there's 352 million views on this and it's literally just a compilation of other people doing this stupid lip challenge that was big on tik-tok in November 2018 and this thing now has grown to over 300 million views now to put things into perspective okay to put things into perspective I am gonna go into my calculator right now and I'm gonna work out the numbers together with you okay how counts payouts is they do this thing called CPM which is cost per thousand impressions and they payout based on per 1000 views so let's say and I want to global because you know maybe the people that's watching this are kids or teens or a demographics that might think is not worth that much so rather than $8 let's let's lowball and just divide that by like four okay let's say it's two dollars well maybe a dollar whatever okay let's say it's two dollars so three hundred and fifty two million I have to divide it by a thousand so that's three hundred fifty two thousand because that's how calculates right cost per thousand impressions so if let's say each thousand impression is worth two dollars somewhere multiply this by two ballpark figure this one video alone I've made seven hundred four thousand dollars since 2018 now if it was one dollar cost per impression it will be three hundred to two thousand so this one video alone this insane stupid video that wasn't even done by this person that was just compiled by what's trending on tick tock has done about 350 to 700 K and what is amazing if I were to go back to this plan let's go back to this article let's go see is profile together this person understand something he didn't just upload a one time off video take a look at his article it's got all these different tick tock videos and in fact new take a look at it he literally like this video here it looks like he literally from 11 months ago to 10 months ago he uploaded what 12 videos 5 10 15 videos in the period of two months and somehow just he just stopped interesting but take a look at this okay this person who joined in November 2018 with a total of three hundred and seventy seven million videos views rather okay which you know mostly came from this he opened this article one year ago and it's got 1 million commentrs insane insane now of course this is heavily dependent on where do you want to take your article as well as your branding you could be asking soap engine what are you doing this because that's not the direction I want to take my brand but if it was a article that I just wanted to monetize and with no real branding and I've talked about this in other videos as well this would be one way to do it and you'll notice that there are a lot of different people there doing these different compilations with tens of millions of views inside tick tock so that's number two number two is compiling tick tock videos and guess what because those 15-second videos are literally people who are taking those 15 seconds seriously it's compact they're putting a lot of thought process you are now getting a lot of like compact 15 seconds putting all together into creating a great 510 minute video then all you need to do is switch on has this thing called Google Adsense they connect it so is owned by Google and that's how you being able monetize using the ads that appear on okay and finally that brings us to number three number three is all about pain influencers on tik-tok to promote your product your brand your service your dropship whatever it might be your business so for me this is something that I am doing right now why because again prices of new platforms are always under priced so right now all these different influences on tic toc with that huge following and a huge attention there isn't much revenue streams for them to monetize because the platform is not matured enough yet and they aren't rolling out the ads the same way how Facebook and Instagram and has roll out the ads to monetize that fanbase tic toc is still focused on user growth rather than monetization right now so right now what does that mean it means that the influencers who have that huge following is going to be a whole lot cheaper than an influencer on Facebook or because the articles to monetize just isn't there so if you are somebody that right now you have a sales process if you have a product if you are doing drop shipping and you can be thinking right now but ping Jun what if my demographics isn't there I understand that even if your demographics isn't there and you're trying to target that 55 year old lady or woman or man you could be targeting their kids who ultimately could affect their decision now whatever it is right now price of attention for these influencers are cheap and right now you can be buying ads and shout outs and promos from these people where they're charging real cheap compared to other platforms because they don't have a monetization strategy so you can be able to hook up with them so that they can promote your stuff and your cost per click your cost per shot or it cost per visit your funnel the cost per lead is going to be drastically lower than all these other platforms literally these are the few ways and a few different methods people aren't making big money on tik-tok I would love for you to let me know what is your opinion on tik-tok are you gonna dive hit first into that platform let me know in the comments below and as always if this video has given you value click on the red comment button below I'll see you the next video
- Hey everyone, I'm Nina Zadeh with Sidewalker Daily. And in today's video, we are going to talk about a super exciting topic. Which I know so many of the people I work with wanna know more about. And it's how to make money on TikTok. If you're new to our article, welcome. I'm gonna give you the quick little blurb on who we are so you can kind of understand how Sidewalker Daily and me, how I fit into the big picture of social media. So, our agency, Sidewalker Daily, we work with brands on influencer campaigns. And we also work with influencers and content creators on you know monetizing their businesses, on setting up sustainable businesses. So I work with tons of different content creators. And I know that TikTok is like where so many of you guys want to go to, wanna be on. But you wanna make sure you can monetize on it.
And that you're spending all this time creating like content for nothing. Which I totally respect and get. So in today's video, I'm gonna dive deep into ways that I think that you can monetize your TikTok. Now, but before I do, I do wanna mention that we've created an audio seminar that is on all things TikTok. So it's not just the monetization. We talk about brands and how to work with them and just like, literally everything you think of about TikTok in over an hour audio seminar.
So I'm gonna link that below. And that way you guys can learn more if you know, you are looking to learn more than just monetization. But if monetization is what you're looking for, then you are in the right place. So, let's jump in. So for now, TikTok does not have a way to monetize, so to speak. So I know a lotta creators, you know, once you get to 1000 followers and like 4000 hours of watch time, you can enable ads. Well TikTok doesn't have that, yet. And please note the operative word yet. Because I'm quite positively sure that it's coming down the pipeline.
I've read tons of interviews with TikTok's different staff and they, you know, it really seems that TikTok is gonna enable some sort of monetization function on the ad side so creators can get, you know, an ad share, they way that they do on . But as of now, that is not the case. But, with that said, it's important to know that TikTok has created a creator marketplace. So let's start there. The creator marketplace is place where TikTokers can go and sign up and brands can sign up.
And it kinda matches you guys together. So we're also leave the link below on the TikTok creator marketplace so you can sign up and you can investigate and you see if it's something, you know, that you're interested in joining. I think it's really smart because it is allowing, you know, transparency and getting brands and creators to like engage which is always a good thing. Another big way to monetize on TikTok is using your TikTok fame, so to speak, and then transferring it to other social media platforms. So let me explain. If you create really killer content on TikTok, and that happens to go viral or even just gets a lotta hits, you can then use, like piggyback off all those views and all that leverage, and drive traffic to either your , your Instagram, to other social media platforms. Now it's important that you guys also note that like you don't wanna put all your eggs in one social media basket. Now I don't think that you should be doing every single platform because that can cause burnout and like, you know, drain you guys.
But I do think it's important to think strategically. Transferring your viral content that you can put on TikTok and then helping that grow your Instagram is a smart business move. Because if, for whatever reason TikTok goes away, then you've been able to transfer these followers or this audience to a second platform. So in order to that, you really do need to focus on doing some research on creating that content that is gonna go viral, that is gonna go, you know, get those views that you're looking for. So creatively you'll have to push yourself to find out, you know, what's hot, what's exciting. You can use TikTok hashtags. On the discover page, you'll be able to see which hashtags are trending. And you know, you can jump in into that conversation. It's really important for you guys to think about that when you're trying to monetize, like creating cool content that's gonna hit, and that that way you can transfer those followers to another platform. One thing that is important to note, regardless of whatever social media platform you are on, creators and influencers that have higher engagement, not necessarily followers, but like really really high engagement on their page, you know, that is what brands want ultimately.
So, you know, you're gonna wanna work on obviously creating consistent content for TikTok so that it can help grow your following and grow that audience, you know, engagement and as well as connection and trust. So make sure when you're thinking about, you know, yes, you wanna create viral content to transfer those followers over to another platform, you also wanna think about ways that you can really just like grow your TikTok audience.
And grow that engagement and that trust. And they way you do that is you know, producing quality content consistently. Another way that you can monetize your influence, is once reach 1000 followers on TikTok, TikTok allows you to go live. And there's this functionality now with TikTok that when you can go live, the people that are watching, you know, your lives, can kinda donate to you. It's like a really interesting concept that now like viewers can donate to you. And though the exchange rate isn't particularly high, it does enable you to monetize your content.
So if you grow your followers and your able to get, you know, 1000 followers on your TikTok and you go live, let's just say often, you know, that's where you can talk about products that you're endorsing. Or you can talk about, you know, whatever it is that you are looking to promote at that time. And then the people that are watching can donate to you, you know, financially, and that's another way that you can monetize. Another way you can monetize your influence on TikTok, is by working with brands, the same way you do on other platforms. So if you're an influencer that is looking to get on TikTok and you're already monetizing with brands and sponsorships in different ways on whether it's Instagram or , use that philosophy on TikTok.
Now what I think would be really cool and really innovative and important and all that good stuff, is to go the brands that you already work with and tell them you know, "Hey, I'm joining TikTok, "I'd love to create some content for you." Obviously you wanna try and monetize that content. But if you don't have any examples of TikTok work so to speak in your portfolio, then maybe you could figure out like a trade system with the brands. Maybe the brands aren't on TikTok either and it could be like a win-win for both of you like to discover this platform together. I think that's like a cool way to, you know, dive into TikTok and monetize your content from the get. Because you're basically going to the brands that you've already worked with, and being like, "Hey, I wanna grow your TikTok or I wanna, you know, "not only grow your TikTok," the brand's, "but I wanna grow mine "and incorporate your brand into my story." So, it's kind of like testing a little bit.
Like you can work with a brand to test, you know, different strategies and different content videos and different like tools and stuff. And always again, as a creator, you wanna think about using these tests to not only support your work, but build your portfolio. So definitely keep that in mind when you're trying to monetize your TikTok influence. So, while there are tons of other ways you can monetize your TikTok influence which I go into in the audio seminar, I'm gonna end on this one. So, I'm a consultant for tons of different brands and influencers. And I have worked in this space for a long time so I believe in consulting.
The difference is I'm not gonna tell people not to do what I do. I actually want the people I work with to become successful. So if you're a TikTok wiz and you are good at TikTok, especially before anyone else gets good at it, I would totally recommend to start you know, your own TikTok consulting services that you can not only create that content for different brands that you're looking to work with, but you can actually speak intelligently to your clients about you know, what TikTok is and why they need to get on it. And you know, charge for your time and your knowledge. I think that, you know, if you're on TikTok and you really understand it and you really feel good about this app and like you could teach others confidently, then I would absolutely recommend doing so. Because by developing like a consulting style business, you know, you get to work for yourself, you get to charge your own hourly rate and it's a great way to monetize the knowledge that you already have.
So I hope you guys enjoyed this video on all things TikTok and monetization. Again like I said, we have an audio seminar. I'm gonna link that below. It goes into everything. And I'm really excited about TikTok so you're definitely gonna wanna check that out. If you enjoyed this video, make sure to give it a like, comment, comment. And I will see you in the next video..