5 Tricks Anyone Can Use to Boost Your TikTok Revenue and Earn More
Boost your TikTok revenue and earn more from your TikTok videos with a dedicated guide on how to boost your TikTok revenue. Here are 5 tricks anyone can use to boost your TikTok revenue and earn more.
While TikTok does not offer a full-featured monetization program, creators have access to an array of alternatives to generate revenue from the platform.
In 2022, Khaby Lame the biggest creator on Tiktok is expected to earn over ten million dollars in earnings, shows the potential of TikTok's earnings particurly from brand collaborations.
We have you covered if you are new to TikTok or want to increase your income from the app! These 5 tips will help you earn more on TikTok and boost your revenue. Before we get started, let's answer some questions everyone has:
What are the Best Ways to Make Money on TikTok?
There are many great ways to make money on TikTok.
While its possible to start earning money from your first post on TikTok, we highly recommend that you set your primary goal as building an audience before thinking about TikTok monetization.
Your TikTok value goes higher and higher as you get more followers.
Now, that we have covered the basics of TikTok monetization, let’s take a look at some of the best tricks to improve your revenue on TikTok:
1. Reach Out to More Brands
There are two ways for creators to get brand collaborations on TikTok.
The conventional route is to wait until you have a good number of followers and send them an e-mail asking about a potential collaboration. The other option you have is to wait and hope that brands find and reach out to you for possible collaborations.
However, the second option happens quite rarely, and by that time, you would have already missed out on a lot of potential brand collaborations.
That’s why creators on TikTok should spend time for brand research and outreach.
Know a brand in your niche? Send them an e-mail inquiry to see if they are interested in a possible collaboration through your TikTok profile. Don’t settle with just one e-mail, but instead reach out to more brands and keep doing this until you start getting responses from any of the brands.
Always make sure to include the maximum information about you as a creator and what you can bring to their brand, as an ambassador or affiliate marketer.
Have a good understand of how your content performs on average, and be honest with what you can provide in return to the brand. This will help set realistic expectations for the brand, and will make life a lot easier for you as a creator.
You want to make sure that the rapport you create with a brand stays fresh all the time, and this will only help you get more brand collaborations on a consistent basis from the same brand.
It’s also a good idea to create a brand kit or media kit that features all the information about you.
This will help brands get a better understanding of what they get by collaborating with you as a creator, and significantly boost your chances of landing a possible partnership.
2. Advertise Your Products and Services
TikTok coaches are in great demand as the competition gets more and more intense on TikTok!
From TikTok dating coaches, to brand marketers, and general content coaches, there are lots of creators on TikTok that offer professional advice and guidance to up your TikTok game.
So why is there a flare up on such TikTok coaches.
That’s because TikTok is no longer a platform just for lip sync, acting and dancing videos. You can find almost any niche on TikTok today, and this is not just limited to entertainment.
You can find informative content, real-time updates, popular events, mini vlogs on food, fashion, and lifestyle, and just about anything on TikTok as of 2022.
This makes TikTok, an ideal platform to advertise your products, merchandize, product recommendations, and even services like masterclasses, or TikTok video editing tutorial.
Brands are also on the lookout for creators that can sell their products or service for possible affiliate collaborations. TikTok has thousands of viewers in almost every niche, and these can all be potential customers that could buy the product you share on your TikTok video.
If you haven’t used TikTok to advertise your products and services yet, start doing it today!
3. TikTok Gifts and Donations
TikTok allows creators to accept gifts from their followers during a live stream on TikTok!
If you are a creator who is above the age of 18, you can enable live gifting on TikTok from the app, and every time you go live afterward, your followers get to support you by sending gifts.
Your viewers can go to the “Settings” tab and click on “Balance” to “Recharge” their coins, and then use these coins to purchase the gifts they wish to send you.
Depending on the number of gifts you receive during your live stream, TikTok will send you diamonds in return which can be exchanged for real currency!
Different gifts appear as stickers during a live stream and these can be brought with the coins in your TikTok account balance.
Different gifts require different amounts of coins, and you can send multiple gifts as long as you have the balance to make the purchase.
When the live stream ends, the creators can see how many gifts they received.
TikTok will then convert this into diamonds and you can head over to the “Settings” tab, click on “Balance” and redeem the diamonds into equivalent funds.
4. Endorse Products and Services
Endorsing and selling products and services from other brands are great to improve your revenue on TikTok.
By making sure that you redirect viewers to your affiliate sets, you can be guaranteed to generate constant revenue as long as you continue to create content on TikTok.
So how do you join affiliate and influencer marketing programs?
The easiest option would be to check out the websites of your favorite brands or products that you use on a daily basis, or even for your content creation on TikTok.
If they have an affiliate or influencer marketing program, you will see it displayed on home page of their website from which you can directly click, and navigate to. Just fill in the details and you will be enrolled in to the subsequent affiliate and influencer marketing programs.
Once that’s done, you are all set to start promoting your affiliate sets.
When it comes to TikTok, the best option you have to promote your affiliate sets is to add your product links on the TikTok bio and mention the same on your video to get viewers to click.
You can also use Shopper to set up a Shopper page and share all your product recommendations, and collections in a neat and organized way.
5. Join the TikTok Creator Fund
If you are a creator that regularly uploads TikTok content, there are always chances for one or more of your videos going viral, and that too, when you least expect it to go viral!
When it does happen, and your videos ends up getting at least 100K views in a time span of 30 days, you immediately become eligible to join the TikTok Creator Fund.
The TikTok Creator Fund is a £231 million fund that will be distributed in the course of 3 years from 2021 onwards for deserving creators.
TikTok themselves made it clear that sky is the limit when it comes to how much a creator can earn from the TikTok Creator Fund, as the amount is distributed to a creator based on the performance of their TikTok videos.
Creators with at least 10,000 followers, based out from the US, UK, France, Germany, Spain, or Italy can apply for the TikTok Creator Fund, provided your videos reach 100K authentic views in the last 30 days of applying.
TikTok also made it clear that payments and how much revenue creator earn through the TikTok Creator Fund, are dynamic and differs from one creator to the other.
Factors like number of views, level of engagement, authenticity of the views and other relevant factors will all be considered when it comes to the TikTok Creator Fund.
Please note that TikTok Creator Fund is only provided to creators who are at least 18 years old, and have an account that adheres to the TikTok Community Guidelines, and Terms of Service.