How to make money on TikTok - 6 ways to make money on TikTok you should know

Here are 6 ways to make money on TikTok that you cannot ignore. Do you know a lot of people share how to make money on tiktok and they make a lot of money from it?

What is Tiktok?

Tik Tok (Douyin 【抖音】: meaning a short video), is a tool to help users create short videos with many unique sound effects, images and bring laughter to viewers. With Tik Tok you will unleash your own creativity. It makes life more fun. Especially suitable for young people.

How to use Tik Tok

How to use Tik Tok is quite simple, most people after successfully downloading and registering Tik Tok can easily get used to this application by its simple and intuitive interface. Features in Tik Tok such as: Create videos on Tik Tok, modify personal information, make friends on Tik Tok ....

Statistics about Tiktok

According to an October 2019 report, TikTok reports 800 million monthly active users worldwide (AdAge)

Before ByteDance bought Musical.ly (US music recognition app) and merged with Tiktok in 2018, Musical.ly reportedly had 100 million monthly active users (The Verge)

Douyin, TikTok's original standalone app in China, had 300 million users at the time Musical.ly merged with TikTok. (The Verge)

As of early 2019, TikTok is the third most downloaded app globally.(Business of Apps)

By February 2019, TikTok reached 1 billion downloads, beating Instagram and Facebook in app stores. (Business Insider)

As of the end of October 2019, TikTok was the top free app in the Apple App Store's Entertainment section. (Apple App Store)

About 50% of TikTok's global users are under the age of 34 with 26% between 18 and 24. (MarketingCharts)

1 in 8 adults has joined TikTok. (MarketingCharts)

56% of TikTok users are male. (AppApeLab)

TikTok is currently available in 155 countries. (Oberlo)

60% of TikTok's US audience is between the ages of 16 and 24. (Digiday)

This app has 26.5 million monthly active users in the US (Digiday)

More than 500 million monthly active users of TikTok are Chinese. (AdAge)

The average user spends 52 minutes a day on TikTok. (BusinessOfApps)

90% of TikTok users visit the app more than once per day. (GlobalWebIndex)

Users open the TikTok app eight times per day on average. (Digiday)

TikTok claims that the average session on TikTok is almost 5 minutes, longer than Snapchat or Instagram. (Digiday)

TikTok currently offers five forms of advertising for businesses and brands. One of those five forms is the hashtag challenge which is said to cost $150,000/day. (Digiday)

TikTok's revenue tripled from 2017 to 2018. (Sensor Tower)

In 2018, TikTok made $3.5 million in in-app purchases from users. (Sensor Tower)

TikTok is rated 4.7 stars on the Apple App Store with over 2.1 million reviews. (Apple App Store)

Lasso, a competing app launched by Facebook in November 2018, has more than 70,000 downloads. (Sensor Tower)

Bytedance, TikTok's parent company valued at $75 million, becomes the world's most valuable startup. (CBInsights)

ByteDance's collection of apps, including TikTok, total 1 billion monthly active users. (CNN)

How to make money on Tiktok?

1. Online sales

Certain influencers and followers on Tik Tok can be exploited to do business and sell online.

Items such as clothes, cosmetics, and food are often sold by many influencers on Tik Tok.

2. Advertise for other brands

Influencers on Tik Tok can be the objects that businesses ask to promote their brands and products through videos on Tik Tok.

This form is quite popular on social networking sites today and it is completely possible to make money on Tik Tok.

3. Received money from viewers

How to receive gifts from Tik Tok? When an influencer has interesting clips/videos, viewers can support with virtual currency in Tik Tok. Virtual money in Tik Tok is converted from real people's money. The value of 100 Tik Tok coins corresponds to $0.99. Influencers can receive 50% of the amount supported, the remaining 50% are transferred to the Tik Tok application provider on Google Play or App Store.

Note: Currently this feature is not available in Vietnam.

4. Link TikTok account to other social networks

It is very difficult to insert ads into videos like Youtube, when a video on TikTok is less than a minute in length. So making money from ads on TikTok is not possible at the moment.

You can capitalize on your popularity and appeal to your fans through other social media channels. Like on Youtube, this is also a pretty easy platform for you to make money, if you already have enough confidence and good enough video quality, plus a fan base on TikTok, your income will also be pretty good.

Or you can go through livestream platforms, you can play games, sing songs, interact with fans, and earn more through donations from viewers in that livestream. Increase interaction and increase income.

5. Link to shopping cart inside the app

Douyin is actively promoting online shopping, allowing you to open your own store inside the app. At that booth, you can link to the store on Taobao, a popular e-commerce platform in China, to sell your products.

Use your own videos to promote, your products will appear when the video is finished. Products will be linked to your store, buyers can see more products available on the shelves.

The potential of e-commerce is enormous, especially when the world market is rapidly changing to the direction of modernization like today, I believe TikTok will soon add this feature to their application.

You can see more about good Apps and Game tips - Ligru

6. Promote your personal brand

Did you know that when you're famous, anything is possible? Try to see if Ba Tan Vlog is also on TV.

As a celebrity, wherever you go, people will remember your name and face.

Being a celebrity, posting anything on facebook or instagram also has hundreds of thousands of likes, shares and comments.

Being a celebrity, whatever you say, wear, or do, everyone will pay attention and praise "you are so pretty today", "I love you the most", "you are the idol in my heart".

Being a celebrity is also invited to attend the launch event of this brand, that center, is sponsored for free clothes and products, and has a big gift when leaving.

Being a celebrity is also often invited to attend gameshows, to try out in countless fields of art entertainment that are different from the celebrity's original occupation, even though she has not received any professional training!

Being a celebrity is an easy opportunity to make money: just take a good photo with a glitter product image and then make a useful review, you can pocket a few million to several tens of millions.

As a celebrity, how many admiring eyes turn to. The best thing is that when you are a celebrity, you often get promoted by the press, etc., it's hard to say anything in the newspaper, but for celebrities, it's like everyday!

Above are some ways to make money from Tiktok that you can refer to, hope you make a lot of money!