Interested in earning money on TikTok? You’re not alone. Nearly everyone born before 2004 is wondering the same thing.
The world of making money on TikTok is both lucrative and mysterious.
TikTokers with over 100,000 followers typically make $200 to $1,000 per month through TikTok’s Creator Fund, while those with over a million followers earn $1,000 to $5,000 (or more) per month. Some even make $100,000 to $250,000 per post when collaborating with major brands.
Since the introduction of TikTok’s new Creativity Program Beta in early 2023, creators have found it more rewarding, with the potential to earn up to 10 times more. This program encourages creators to make videos longer than one minute.
Wondering how people make money on TikTok? We’ll explore 14 strategies below.
Many of these methods can be used by businesses, while others require you to turn TikTok into your business. Whether you promote a brand through TikTok or are the brand yourself, there are various ways to monetize.
Without further ado, let’s dive into how to make money on TikTok in 2024.
How to Make Money on TikTok in 2024
Many of these tactics can be executed by a business, but others require you to make TikTok your business. For example, any brand can use TikTok ads to drive traffic to their ecommerce store, but you’ll need to invest more dedicated TikTok time into making money through TikTok’s Creator Fund or by becoming a brand ambassador.
You either have a business you promote through TikTok—or you are the TikTok business.
Without further ado, let’s look at how to make money on TikTok in 2024.
Source: ( foundr.com / Financementality.com )