If you’re a teenager and you’re a part of the crazy wave that is TikTok right now, then there’s every chance for you to earn a bit of extra cash on the world’s newest and most popular social media sharing app.
In fact, there are now quite a few teens that are making the most of the opportunity to make a bit of extra money on TikTok, which means that there’s no reason why you can’t do it as well.
Let’s take a look at how to make money on TikTok, and how you can be one of the few that might even go viral and end up earning quite a lot.
It’s Growing in the Same Way
If you look at other social media networks like Instagram and Facebook, you will be able to see some pretty similar growth patterns happening. One of the biggest differences between TikTok and other social media networks is that TikTok hasn’t yet released the ability for big brands to advertise, but neither had any other platforms when they first started out.
So, there’s no reason why TikTok won’t utilize this method of marketing and product promotion, and we think that it’s probably going to be in the near future.
How Teens Make Money on TikTok
One of the biggest ways that teens make money on TikTok is through influencer marketing. When TikTok was Musical.ly, there were only a few, very limited opportunities to make money because it had to rotate around lip-syncing.
Luckily, though, TikTok offers a much broader range of creating platforms, so there are a lot more opportunities for influencers to make money. This means that if you’re a talented musician or writer, you’ve got a really good chance of attracting people’s attention.
There are many brands out there that are prepared to work with young teens that have already proven themselves through their successful following. Big companies like Coca Cola have already recruited youngsters to promote their products, and include the hashtag #ShareACoke to get their message across.
If you’ve got a bit enough platform, you can end up turning your TikTok presence into a full-time job where you can earn up to $20,000 per branded video.
Live streaming is one of the most popular ways that teens make money on TikTok right now, especially because there’s no opportunity to include ads in their content. This is because TikTok users can buy coins with their real money, and then use these coins to tip live streaming content creators for being live.
If the TikTok user that’s live streaming has a pretty big following, they have the opportunity to earn quite a lot in a small period of time. Even if you have an average following, you’ve got the ability to amass a pretty good chunk of change for your time.
Promoting Your Own Products
Because there’s little room for influencers to promote other brands on TikTok right now, one of the best ways to earn money on TikTok is to promote your own brand or product. Of course, this requires you to grow a pretty substantial following first, but once you’ve done so, there’s no reason why you can’t promote your own brand.
Your loyal audience will have already committed to you and trust you, so they’ll be much more likely to purchase your product because they trust you to have created something that they’re really going to care about.
Amazon Referral Links
Another great way to make money on TikTok is to do so through Amazon. One of the best places to put an Amazon affiliate link is in your bio, where people can see it when they first visit your page. Just make sure that the products you’re promoting through Amazon are specific to your niche and industry, otherwise, your following isn’t going to be that interested.
The beauty of using Amazon referral links is that you can change them up as often as you want, which, of course, is going to keep your audience nice and interested in what you’re promoting. Every time one of your followers on TikTok clicks through and purchase the product you’re promoting, you get a commission. It’s a pretty sweet way to make a bit of extra cash on TikTok.
There’s a lot to be said for the opportunities that TikTok has right now for making some money. Even though they don’t offer traditional advertising just yet, there’s no reason why you can’t still make a quick bit of cash.
You’ve just got to think outside the box and come up with a creative way to do it, like the ways that we’ve talked about today. Remember, the bigger a following you have, the more money you’ll be able to make, so make sure to put some time into increasing that following as well.
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