How to make money on TikTok?

Earning money on TikTok is undoubtedly a topic of interest for many young people. In this article, I will share with you ways to make money on TikTok that anyone can join.

I. What is TikTok?

TikTok is an international version released based on the Douyin app platform and launched in 2017.

TikTok is a social media platform that allows for the production of short videos accompanied by unique visual and sound effects. This platform mainly targets the youth, providing a space for young creators to produce exciting, new, and unique content.

II. Why Earn Money on TikTok?

No need for statistics, just by observing your surroundings, you can see how prevalent TikTok is among both young and older people. Most people spend a lot of time on TikTok, showcasing the considerable opportunity for those who are KOLs or Influencers.

Some specific figures related to TikTok:

• Popularity level: TikTok is available in 150 countries and supports 75 languages, with over 800 million active users.
• Vietnamese TikTok Users: Vietnam is among the countries with the highest growth in TikTok users, with over 12 million Vietnamese users registered on the platform as of the end of March 2020.
• App Downloads: By the end of April 2020, the TikTok app had reached 2 billion downloads on the App Store & Google Play.
• User Demographics: The latest statistics show that on average, each user spends 52 minutes per day on TikTok, and this number is increasing daily.

With these impressive figures, I firmly believe that TikTok is a potential money-making channel, especially for those working as KOLs or Influencers, and TikTok is a platform that cannot be ignored.

III. Ways to Earn Money on TikTok

1. Earn money by selling your products

This method is widely applied by many users, especially for those with existing online businesses and brands. Once your TikTok channel has acquired a certain number of followers and views, you can create videos to introduce and advertise your products to sell them. This approach is particularly useful for those experienced in online selling, as it can rapidly increase sales.

2. Earn money with Affiliate Marketing

If you don't have your products, you can join affiliate marketing networks and earn commissions by promoting products. You can register with reputable affiliate networks, such as Accesstrade (the largest affiliate network in Vietnam, covering various fields) or Adflex (an affiliate network for functional foods with high commissions), and then link your affiliate links in your TikTok bio. This way, viewers can click through and make purchases, earning you commissions.

To manage multiple affiliate pages, you can create a Biolink page to host multiple marketing links on one page. When users click on your Biolink, they have more options.

Creating a Biolink:

Step 1: Visit the website: https://many.fan then click on Start

Step 2: Register with your name, email, and password or sign up using your Google or Facebook account.

Step 3: Once registered, click on Create a link, then select "Page with multiple links".

Step 4: Enter your Biolink URL, then click "Create a page with multiple links".

Now, you have your Biolink page. The next step is to add your affiliate links to the Biolink.

Step 5: Click on "Create a link" to add links to your Biolink page.

Step 6: Many link types are available, but focus on adding affiliate marketing links reviewing products to earn money on TikTok by selecting the "Link" format.

Step 7: Enter your affiliate marketing link in the "URL destination" field and the product name in the "Name" section, then hit "Send".

After completing these steps, you now have a full Biolink page. The next step is to copy the Biolink URL and add it to your TikTok bio.

Note: To add a Biolink to your TikTok, you need to convert your TikTok account to a Business account.

If you're not sure how to switch accounts:

Step 1: Tap on the three dots in the top right corner, select "Manage account", and then select "Switch to Business account".

Step 2: Continue by selecting a specific industry, then click on "Edit Profile".

Step 3: Copy your Biolink URL, select "Add your website" under the "Website" section, paste your link, and you're done.

After completing these steps, your TikTok bio will be updated with your Biolink. Your task is to produce captivating content and promote products via affiliate links, earning commissions for every purchase made through your links.

3. Earn money from advertising contracts or brand promotions

You can sign advertising contracts or engage in brand promotion activities. This is an excellent way to earn money if your TikTok channel has a significant follower and viewer count.

4. Earn money from donations during live streams

For those with good appearance and special skills, this method is quite effective. Attractive individuals can often receive donations simply by appearing on screen, especially if they manage to attract wealthy fans, leading to substantial earnings.

5. Earn money by placing ads in videos

TikTok is gradually polishing the feature that allows placing ads in videos. In the near future, this feature will be operational. This can be combined with the methods described above to optimize revenue efficiently.

Download the TikTok app to start earning money.