In the world of TikTok, everyone has their own individual way of making money. If you’ve ever stumbled across a video on TikTok, you’ve seen the name of a child star and a teddy bear. Last year, it was Brenda Song, who was making $2,000 a day from TikTok, which is owned by Chinese tech company ByteDance. The last thing you would expect is for someone to make money on TikTok, but over a million people are doing so each day.
There are a plethora of apps on the market that allows you to make money, but the new social media phenomenon, TikTok, has taken the world by storm (pun intended). The app allows you to create videos with a wide variety of filters, music, and effects, and they are all shareable to Facebook and Twitter.
What does TikTok mean to you? For many people, it’s the newest app on their phones, but for others, it’s already a thing of the past. Now, TikTok is being sued by the Federal Trade Commission for bombarding children with ads, and the company is in hot water because of its marketing techniques. The FTC has already fined the company this year for misleading consumers, but the $100 million fine didn’t seem to slow them down.
The TikTok app has gone from a niche teen phenomenon to one of the most popular social media apps around. Debuting as an app of dubious utility, then being rebranded as a dating app but still getting ignored, it was only recently that the company’s founders decided to sell it to a Chinese company. TikTok remains the most popular app on the Chinese market, and in the last year alone has surpassed Twitter, Instagram, and Snapchat in terms of monthly active users.
But how can you make money on TikTok?
• Grow an account and selling them
We’re going to cut right to the chase: every new user who signs up on TikTok is another money-maker for the platform. This means that the more users there are, the higher your earning potential is on the app. Still, not everyone is in a position to make a decent amount of money on TikTok. Whether you’ve just started out, or you’re a seasoned streamer with a couple of million followers, you might want to consider bringing your audience onto the platform. Getting followers on TikTok is hard. It’s even harder if you want those followers to buy your music. But that’s not a problem. There’s a way to make money on TikTok.
Each day, millions of people watch TikTok videos. It’s a video-sharing app that lets you record short “takes” of yourself dancing, playing instruments, or showing off your best moves, and then share them with the world, all in a matter of seconds. But aside from the fun factor, TikTok is a great place to make money. And it’s easy to do, too.
• Management services
Management services are a great way to start a business, but it is important to know the difference between a good management company and one that is not actually doing any management. If you are thinking about starting your own business, the first thing you need is a good management company to take care of all the paperwork and other activities that go along with running a business.
• TikTok ads platform
When TikTok released its $30 million fundraising round in 2017, it didn’t rely on traditional venture capital funds. Instead, it used a crowdfunding platform that lets users make micro-investments in companies and projects. TikTok is a similar app, but for kids; it’s a music- and video-sharing app where users can make short videos that playback in real-time. I’m not sure how awesome kids are at making music or videos, but I’m confident their parents are much better at it. There are a lot of money-making opportunities for you out there. You just have to know where to look. For example, you can make money by the share you receive when you post a video to TikTok. You can even make money by advertising on TikTok. It’s called TikTok ads.
TikTok is a new app that allows you to make money. This is the way we earn money. This is what we will do to make money. The truth is that earning money on TikTok is so simple that anyone can do it.