live on tick tock and actually get gifts from people which equates to money so that sounds kind of weird right but let me explain so first off you can only go live if you have a thousand followers or more so before that you're not going to be able to go live to speak to your audience so make sure you build up content and get those followers now once you're able to go live which basically means that you can broadcast who you're following in real time and people are going to go in and chat with you and you can answer questions and things like that it's basically like an instagram live or if you're streaming on youtube the interesting thing is users can actually buy coins on the platform which can convert to gifts so let me show you that right now so once you go on to tick-tocking tap the top three dots and go into your balance here as you can see you can recharge your coins balance and you can pay money to buy these coins so you can basically buy gifts with these coins and you're going to be able to send these to people when they go live now i'm going to show you my dashboard when you go into live gifts you can see that i have a little bit of balance i've gone live maybe a couple of times and essentially you can withdraw when you press withdraw and you can only withdraw when you hit ten dollars so basically if you're the type of person who loves to stream and go live all the time you can make actually a lot of money and going live can actually help you increase your followers because your lives will be delivered to other people as well like when i've gone live i've seen people follow me through the live so it's a great way to make money build an existing relationship with your followers as well as attract new people onto your platform i think this is a very interesting way to make money off the platform i've seen some people make a good amount of money through this method actually and it was really interesting for me when i was first going on the app and i didn't know anything about it so knowing that you can do that is actually really cool number two there's a tick tock creator fund so the tick tock creator fund was announced earlier this year so basically tick tock created this 200 million dollar fund for its content creators in order to support them and I believe they up that amount to 1 billion actually to pay out their creators now in order to get in the program you have to have at least 10 000 followers and you have to have at least 10 000 video views in the last 30 days and you also need to be 18 years old or older so once you get accepted into the creator fund you essentially get paid every day for multiple factors around your videos including views tiktok reported that views are actually just one metric that they look at and take into consideration when distributing their payments so i kind of saw on tick tock's rules that i don't think you're supposed to show your earnings so i'm probably not going to share it on my phone but it's not very high essentially like some people are reporting that you're getting basically about four cents per thousand views but if you have this consistent income it's pretty nice because every day you're getting a little bit obviously it's not passive with tick tock i feel like you actually do have to kind of work hard to build up the content and continuously post because I would say tick-tock isn't as evergreen because it doesn't keep showing a video from way back when to users unlike youtube where you're basically ranking different videos and people can search for them and it's pretty evergreen tick-tock is more like you put that video out and maybe gets viral but then it pretty much dies in views afterwards so i would say that the creator fund is kind of a nice bonus but it's not going to make you totally rich it doesn't pay as well as like youtube does for example all right the third way you can make money on tick tock is through sponsorships and i would say that this is pretty common with all different platforms so basically with sponsorships brands may approach you in order to make some sponsored content for them they might want you to create an ad around their product review their product or something like that in a video and they will pay you a certain amount for that video usually the draw for brands is that not only will the influencer be good marketing for them where they're going to push out the video to their followers they can also use your asset and promote it as an ad onto the tick tock platform or on other platforms so those assets are actually very valuable for brands now if you want to get these sponsorships you should probably create a media kit basically a media kit is something where you will talk about what you're about what your brand's about and how many views you're getting or how many followers you're getting on each different platform and basically show what you can do for your brand you can create a rate kit essentially with your media kit where you talk about the prices for each of your different offerings so for example for youtube this is how much you charge for tick tock is how much you charge for instagram for blog posts whatever that you can offer for the brand make sure you write it out for them and then you can present that to brands and see if they want to work with you now that my following is growing more and more i do get a lot of these offers from different brands all the time but I definitely want to make msure that their offering is in line with my brand that i can bring value to my audience if i promote these different products because you don't want to sponsor different products that you don't recommend at all and your audience is going to be upset about it it's not in line with what you do you got to make sure you say no to the ones that don't fit you and don't fit your audience now speaking of which i want to talk a bit more about today's sponsor boosted so with boosted actually really felt like this could be great for my audience because it's a very nice tool to create those intro and outro videos that you see on youtube on instagram that look really cool with these fancy graphics and you don't have to spend a bunch of money to create these professional videos you can just do it in the palm of your hand took me like five minutes to create the video it's really handy you can get the app for free and if you want some of the more premium features you can pay a little bit more but it's really cheap so i'm gonna show you a little bit of the app so basically you can go into boosted and they have a bunch of these different templates so you can go into one of them you can tap this and then you can go into the different dimensions so maybe you want to do a long video for like tick tock or square one for instagram or a longer style for youtube or something like that uh you go ahead and choose that and what you can do is you can add your media clips here and you can customize it to what you want there's different color palettes you can also edit the text and it's just really easy to use you can see the different previews here it's a very cool app you guys check it out now let's get back to the video so number four you can sell products so what i do with my following is i have a link tree that links to different things like free courses that i've created for my users who are interested in making money through blogging making money through etsy i have the links below but basically if they go into the free course and they see that oh i want to learn a bit more i do have a paid course that i lead them to as well so that paid course has a step by step of everything that i've done to get to where i'm at with etsy and blogging and essentially i sell products that way and users can decide if they want to buy it or not so that is basically one way that i sell products through tick tock i lead them to this funnel essentially and how you want to do that is essentially you want to create a lot of value for your customer maybe through your tick tock videos or those free courses and they'll know that you know what you're talking about that you can help them a lot once they trust you once they know that you know what you're doing maybe they will buy your course or your product or something like that so it doesn't have to be courses people sell shirts like on teespring on tchip they sell products on etsy so a lot of people send them to these different sites where they can support the creator as well as get value themselves and lastly number five affiliate marketing so again i promote different products on linktree so essentially with affiliate marketing is you promote different products that you use yourself or you recommend and think it'll give a lot of value to your users you want to make sure when you're doing affiliate marketing it's something that you really passionately.
care about and you use that you think will really benefit your audience so everything I promote is something i use and i really believe in because i know that it helped me a lot and will help other people a lot as well and when you're promoting these products you can use a unique referral link and basically when people purchase through the link you get a commission as well so it's a win-win situation for the buyer for the seller as well as for me who's promoting it for the owner as well as giving value to the buyer now people like brandon from investment joy says he makes three thousand dollars a month from tick tock which is a huge amount for posting these videos and it really goes to show that you can actually make money through this platform so I hope you guys enjoyed these different ways to make money on tick tock so a lot of these aren't totally new to me the creator fun as well as the live gifts are pretty interesting though a lot of platforms actually do that like on twitch or on youtube and stuff like that but i would say that sponsorships.
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May 21, 2021
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