Starting Now: 5 Ways to Make Money on TikTok by 2024

Mar 22, 2024 | Social Media Influencer | 0 comments

With over 1 billion active users worldwide, TikTok has quickly become one of the most popular social media platforms. While many users join TikTok for the entertainment and creative content, there are also ways to make money on the platform. If you’re looking to turn your TikTok hobby into a side hustle or even a full-time job, here are five ways to make money on TikTok in 2024 and how to start now.

1. Become a TikTok influencer
One of the most common ways to make money on TikTok is by becoming an influencer. Influencers on TikTok can partner with brands to promote products or services to their followers in exchange for payment. To become a successful TikTok influencer, you’ll need to grow your following and engage with your audience. Post consistently, use popular hashtags, and create high-quality, engaging content to attract followers and increase your chances of partnering with brands.

2. Join the TikTok Creator Fund
The TikTok Creator Fund is a program that pays creators for their content. To be eligible for the Creator Fund, you’ll need to have at least 100,000 followers and have received at least 100,000 video views in the last 30 days. Once you meet the eligibility requirements, you can apply to join the Creator Fund and start earning money based on your video views.

3. Sell products or services
If you have a product or service to sell, TikTok can be a great platform to promote it. Whether you’re an artist, musician, or small business owner, you can use TikTok to showcase your work and attract potential customers. Create engaging videos that highlight your products or services, and include a call-to-action directing viewers to your website or online store to make a purchase.

4. Collaborate with other TikTok creators
Collaborating with other TikTok creators can help you reach a wider audience and attract more followers. Partnering with other creators allows you to leverage each other’s audiences and create engaging content that appeals to a larger group of viewers. Look for creators in your niche or industry and reach out to them to discuss potential collaboration ideas.

5. Participate in TikTok challenges and contests
TikTok challenges and contests are a great way to engage with your audience and attract new followers. Many brands and companies host challenges and contests on TikTok to promote their products or services and attract user-generated content. Participating in these challenges can help you grow your following and potentially win prizes or cash rewards.

In conclusion, there are several ways to make money on TikTok in 2024. Whether you choose to become an influencer, join the Creator Fund, sell products or services, collaborate with other creators, or participate in challenges and contests, TikTok offers a variety of opportunities to monetize your content. Start now by creating engaging videos, growing your following, and exploring different income streams on the platform. With dedication and creativity, you can turn your TikTok hobby into a profitable venture.