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November 9, 2024

How to Make Money on TikTok: Beginner’s Guide

Step-by-step guide to making money on TikTok for beginners

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Who would’ve thought that an app once famous for lip-syncing and dance videos would become one of the top platforms for making real money? TikTok has exploded, and it’s no longer just for Gen Z showing off their dance moves. Now, creators of all kinds—from crafters and foodies to finance gurus—are turning TikTok into a major income stream. If you want to know how to make money on TikTok and have no clue where to begin, this guide is for you.

And If you are wondering if it's not too late to start, my answear is... Of course NO! It’s definitely not too late to start making money on TikTok, despite what some may say. With over a billion active users worldwide, there’s still plenty of room for fresh content, unique voices, and new creators to carve out their own space on the platform.


Table of Contents

  1. Why TikTok Is the Platform for Earning
  2. How TikTok Actually Works
  3. Building Your Personal Brand (Yes, You Need One!)
  4. Making Money on TikTok: The Methods
  5. Strategies to Grow Your Following (So You Can Make the Real Bucks)
  6. Keeping Track of What Works
  7. Common Pitfalls and How to Dodge Them
  8. Wrap Up: Getting Ready to Cash In

Before we start take a look on this related articles that you can check out later:

Why TikTok Is the Platform for Earning

TikTok has quickly become a global powerhouse with its unique focus on short, engaging videos and an algorithm that can make anyone go viral overnight. But let’s be honest: it’s also a platform where you can potentially turn your creativity into cash. Here’s why TikTok stands out:

  1. Unmatched Reach: Thanks to the “For You Page” (FYP), TikTok makes it possible for anyone to be seen by thousands—even millions—without having a massive following.
  2. Unique Algorithm: Unlike other platforms, TikTok’s algorithm values content over follower count. This means even if you’re a newbie, the right video at the right time can go viral.
  3. Community of Creators: From musicians to cooks, there’s a place for every niche on TikTok. And with people increasingly turning to TikTok to discover products, tips, and entertainment, creators can find audiences quickly.

How TikTok Actually Works

So, how does TikTok decide what you’ll see, and how can you use that to your advantage? Here’s the lowdown:

  • It’s All About Engagement: TikTok’s algorithm promotes videos that get people’s attention. Engagement (likes, comments, shares, and watch time) is the golden key.
  • The First Few Seconds Matter: TikTok’s algorithm gauges viewer interest in the first few seconds. Hooking viewers right from the start can determine whether your video sinks or swims.
  • Frequency and Consistency: Consistency matters. TikTok favors accounts that post regularly and actively engage with their community. A daily or frequent posting schedule tells TikTok you’re serious.

Building Your Personal Brand (Yes, You Need One!)

Even if “personal brand” sounds intimidating, think of it as your online personality. Having a clear identity and style makes your content recognizable and can help you build a loyal following. Let’s break it down:

  1. Find Your Niche: Instead of trying to appeal to everyone, focus on a specific topic or type of content. Are you a wizard with life hacks? A whiz at frugal fashion tips? Focus on something that you enjoy because you’ll be creating a lot of it!

  2. Develop Your Style: Think of your style as your “voice.” Are you funny, sarcastic, or maybe a little quirky? Use captions, music, and visuals that suit this style. You want people to feel like they’re seeing you, not just another random creator.

  3. Craft an Engaging Bio: Your bio is your chance to tell potential followers why they should stick around. Mention what your content is about, add a little personality, and if you’re aiming for growth, include a call-to-action.

  4. Consistency in Look and Feel: Consider having a consistent “look”—this could mean using certain colors, effects, or editing styles. It’s not about perfection; it’s about being recognizable.

  5. Authenticity is Key: People scroll through TikTok fast, so if you’re putting on an act, people sense it. Be real, and don’t be afraid to let your personality shine through.


Making Money on TikTok: The Methods

TikTok offers multiple ways to monetize, but you’ve got to pick the methods that make sense for you and your audience. Here are the main ways people cash in:

  1. TikTok Creator Fund: TikTok’s own Creator Fund is a great place to start, but there are requirements: you need at least 10,000 followers and 100,000 views over the past 30 days. Payment varies, but it’s generally based on video views.

  2. Brand Partnerships and Sponsorships: Once you’ve built a decent following, brands may pay you to showcase their products. This could mean making a video where you use or review their product. You don’t have to have a massive following for this, either. Micro-influencers (creators with smaller, but loyal audiences) are often sought after by brands for their high engagement rates.

  3. Going Live and Earning Gifts: When you reach 1,000 followers, you can go live. Viewers can send you “gifts” (purchased with real money) during your livestream, which you can convert into cash. It’s a fun way to interact and make money simultaneously.

  4. Affiliate Marketing: If you’re promoting products in your niche, look into affiliate programs where you can earn commissions on each sale made through your referral link. TikTok allows affiliate links, making it easy to direct followers to products you recommend.

  5. Selling Products or Services: Many creators sell their own items, like merchandise, digital products, or even services like consulting. Whether it’s a course, ebook, or branded hoodie, if you have an engaged audience, they may be willing to buy.


Strategies to Grow Your Following (So You Can Make the Real Bucks)

Here’s where the magic happens! These growth strategies will help you build a strong following on TikTok, setting you up for real monetization opportunities.

1. Be Consistent, But Not Robotic

Posting regularly is crucial, but don’t spam people with content. Try to post a few times a week, or even daily if possible, but keep the quality high. Each video should offer something, whether it’s a laugh, a tip, or just pure entertainment.

2. Jump on Trends—But Make Them Your Own

TikTok is all about trends. People love watching videos that follow familiar formats, like popular challenges or meme formats. But instead of simply copying trends, put a twist on them. For instance:

  • If the trend involves dancing, add a unique move or funny twist.
  • If a song is popular, think about how it might relate to your niche (even if it’s cooking or finance—there’s always a way!)

3. Engage Your Viewers Right Away

Think of TikTok videos like a high-speed rollercoaster: you need to hook viewers immediately! Start your video with a question, a shocking fact, or something funny. Here’s a simple formula that often works: “Did you know…” or “Wait until you see this…”

4. Use Hashtags Wisely

While it’s tempting to throw in popular hashtags like #fyp or #foryou, those alone won’t get you far. Instead:

  • Use a mix of popular hashtags and niche-specific ones.
  • Add hashtags relevant to your content. For example, if you’re posting a cooking video, use #easyrecipes or #cookingathome.

5. Experiment with Content Formats

Try different types of videos to see what resonates best:

  • Tutorials: People love learning quick tricks. Whether it’s “how to bake the perfect cookie” or “3 tricks for styling a basic outfit,” teach something useful.
  • Behind the Scenes: Showing the “making of” or funny outtakes can make followers feel more connected to you.
  • Stories and Personal Anecdotes: If you’ve got an interesting or funny story, tell it! Stories grab attention and keep people watching until the end.

6. Engage with Your Community

Don’t treat TikTok as a one-way street. It’s called “social media” for a reason, after all. Reply to comments, ask questions, and make your followers feel valued. You could even ask for content ideas or feedback. This type of interaction not only boosts engagement but also makes your followers feel like they’re a part of your journey.

7. Use the Power of Collaboration

One of the best ways to expand your reach on TikTok is to collaborate with other creators:

  • Duets and Stitches: You can duet or stitch with other creators to create joint content without needing to meet in person.
  • Tagging Friends: Some creators form small groups where they regularly tag and support each other’s content. This helps to spread your videos to a broader audience.

8. Pay Attention to Analytics

TikTok has some great analytics tools for Pro accounts. Use them to:

  • Identify the best times to post (based on when your followers are most active).
  • Figure out what content performs best and replicate those elements.
  • Understand your audience demographics to tailor content even more effectively.

Keeping Track of What Works

Sometimes TikTok’s algorithm feels like a mystery wrapped in an enigma, but analyzing your data helps uncover useful patterns. Keep tabs on:

  • Posting Times: Did a video perform better in the morning? Evening?
  • Audience Interaction: Certain types of videos or comments can spark more engagement.
  • Video Length: Are shorter videos working better, or do people like longer, storytelling videos?

Common Pitfalls and How to Dodge Them

TikTok’s fame and fortune can be enticing, but there are a few things to watch out for:

  1. Don’t Overuse Trends: Trends are great, but using them constantly can make you look like a copycat. Balance trend-following with original content.

  2. Beware of Burnout: It’s easy to feel like you need to post constantly, but quality over quantity is key. Take breaks if you need to.

  3. Avoid Low-Quality Posts: Blurry, poorly edited videos can turn off potential followers. Invest time in good lighting, clear audio, and appealing visuals.

  4. Watch Out for Content Restrictions: TikTok has guidelines, so steer clear of content that could get flagged. Violations can hurt your account’s reach or, worse, get you banned.

  5. Stay True to Yourself: Trying too hard to fit into every trend or copying other creators won’t set you apart. Stay authentic, and let your personality shine.


Wrap Up: Getting Ready to Cash In

Earning on TikTok is absolutely within your reach—and there’s no better time to start! With the right blend of creativity, consistency, and strategy, you can quickly turn your TikTok presence into a rewarding income stream. Dive in with energy, experiment with ideas, and remember that TikTok is a platform built for sharing, engaging, and yes, earning.

Plus, here’s a little tip: with AI tools like ChatGPT, creating content has seriously never been easier! We’ll be dropping a full guide soon on how to use AI to speed up your TikTok growth, so stick around and keep an eye on the blog—you won’t want to miss it!