6 Ways People Make Money on TikTok

So in this video, we’re going to break down 6 ways people are making money from TikTok.🎁MY TIKTOK🎁 https://vm.tiktok.com/s21Uk2/.

How People Make Money on TikTok

And before we continue, Youtube and Tiktok are different platforms, completely different monsters, so no I don’t think TikTok is the new youtube but I also do think youtube should try to be more like TikTok.

- However, Google could make a competitor platform to compete against TikTok for sure.

PART 1: It's New ( so you have more people interested than you have content being created )
- This is special and here is why
- This is why people on TikTok get a ton of views without having any following
- And it looks like its happening overnight

Why this important:
- Because it means that although you cant make millions from ads like you can youtube
- You can grow very quickly and find over ways to monetize your audience
- And that why in this video I'm going to give you guys 6 different ways to do it.

1. Brand Deal
- So say you build up your TikTok account to 1million
- And you have 9% engagement meaning a lot of people watch you when you post
- Well brands love that

Brands:
- A brand could be willing to pay anywhere from
- $200 all the way up to sometimes $20,000 and more
- But just make sure it makes sense for your audience and also for you.
2. Growing Account and selling them
- since its new, a lot of people don’t understand the algorithm yet, and the ones that do will make a lot of money

For example:
- When Instagram first came out
- You use to be able to go on Instagram and buy Instagram account with 10k -200k followers for $100-500 dollars
- And it was all because of those follow trains people use to do.

Tip: Capitalize on TikTok and do the same

3. Live streams coins and diamonds
- So basically if you are a TikTok user, you can buy coins
- And then donate them to your favorite content creator
- Then can then earn diamonds and then convert them to cash and get the money on PayPal

Is this good:
- I think TikTok creators have to be 10x smarter than most people
- Because of its basically getting paid commission
- And you won't get paid anything unless you’re making great content

Tip: While on youtube you just get paid by views only.

4. Manage Influencers ( it means new stars are being created)
- Now anytime a new platform arrives
- This means new starts will arrive also
- So you can potentially hold those new starts and charge maybe 80-20

The Idea:
- If you want to be successful
- Be the Manager that actually helps the creators, and helps them grow
- To many mangers just give you memberships to websites and then want 20% of your revenue.
Tip: Value for Value

5. Cross-platform Promoting
- Although you might not be able to earn normal money from TikTok
- You can from Facebook and youtube
- So if you grow massively on TikTok then advertise your other platforms, and boom you have a new audience.
6. Selling your own products
- If your TikTok niche is around the dance
- And you created a dance course
- Well you can now sell that course and make some money

According to Google stats:
- Engagement on TikTok is around 3-9% which is pretty solid.

In conclusion: Follow me on TikTok, I’ll start uploading content soon.

* PRO TIP*
INFORMATION IS EVERYTHING

👕Merch👕
https://teespring.com/stores/tommybryson

✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬

🎁ACORN FREE $5🎁
Link: https://acorns.com/invite/38EYSU

⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9

👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻
https://discord.gg/EcZEHpA

My Camera Gear: https://amazon.com/shop/tommybryson

✔ Help Us Reach 250,000 Subscribers: https://goo.gl/0wvm6w

😎All My Social Media😎
Link: https://linktr.ee/tommybryson

Видео 6 Ways People Make Money on TikTok канала TommyBryson