How to Monetize Your TikTok Account: Top 10 Ways to Success

Already have a TikTok account? Great! But how do you start making money with it? TikTok offers a variety of ways to turn your content and followers into income. If you don’t have a detailed monetization path, don’t worry! Here are ten tips to help you start monetizing your TikTok account and turning your efforts into income.

1. Earn TikTok’s official rewards through content creation

In the growing digital content space, TikTok stands out as a platform that rewards creativity and engagement. By creating high-quality content, you can earn official rewards, boost your experience, and build a strong relationship in the community.

To join the Creator Rewards Program, you need:

• Have at least 10,000 followers.
• Have at least 100,000 views in the last 30 days.
• To be 18 years of age or older.

Once you’re in the Creator Rewards Program, you’ll earn money based on the views your videos get. At present, the official has not announced specific data and calculations. While exact amounts vary in different countries, it’s roughly $10 for every 100,000 views.

Here is a simple guide to joining the Creator Reward Program:

1. Open the TikTok APP and tap Profile at the bottom

2. Tap the Menu ☰ button at the top, then select TikTok Studio

3. Tap Creator Rewards Program

4. If you meet the requirements and submit an application, you will receive a response within three days.

Note: TikTok claims that the rewards formula focuses on four metrics:

1. Originality: Creating quality content that’s unique to you, showcasing your perspective or creative process.

2. Play duration: Play duration measures both watch time and finish rate. TikTok rewards clear and engaging content, rather than accounts that post tons of videos.

3. Search value: Content that matches in-demand search topics becomes more valuable to searchers.

4. Audience engagement: It includes likes, comments, and shares.

2. Offer customized services to fans

TikTok is more than just short videos—It’s a great platform to connect with your audience and make money. One of the most effective ways is by offering personalized fan interaction services. A fan loves exclusive content and shoutouts from their favorite creators. You can charge a fee, creating a new revenue stream.

Here’s how you can leverage personalized service to monetize your TikTok account effectively:

Customized Shoutouts

Fans are often eager to receive direct acknowledgment from their favorite creators. By offering personalized messages, you can charge a fee. These could be a birthday greeting, a motivational message, or simply a thank-you note. These shoutouts make fans feel special and appreciated, encouraging them to engage more with your content.

Behind-the-Scenes Content

Another way to monetize your TikTok account is by offering behind-the-scenes content. Fans are curious about your creative process and daily life. This content can be offered as a premium service, only to those who pay a subscription fee or make a one-time payment.

3. Sell Customized Merchandise

Selling customized merchandise is a fantastic way to monetize your TikTok account. Imagine your fans wearing shirts with your unique brand. It’s a win-win: fans love to feel connected to their favorite creators. They get cool gear, and you get paid. 

Customized merchandise can include branded clothing, accessories, or other products that have your unique designs. 

And how do you create your designs? Think about your brand and what your followers love about you. A catchy phrase or unique logo? Use all these elements to design something unique.

Promotion is crucial to selling your merchandise. Use your TikTok account to showcase your products and encourage your followers to buy. Here are some promotion strategies: 

• Wear or use your products in your videos.
• Create behind-the-scenes showing of the design process and interesting story tidbits.
• Make sure your store link is in your TikTok bios.

By promoting your products through your TikTok videos, you can reach a large audience. And most importantly: Selling these products to make money.

Recommend read: What Are the Best Print-on-Demand Products to Sell in 2024?

4. Host live streaming on TikTok

Hosting live streaming is another excellent way to engage with your audience in real time and make money while doing it.

Viewers can send you virtual gifts, increasing your LIVE’s popularity. Virtual gifts are digital items that viewers can buy using TikTok Coins, which they buy with real money. 

When you receive gifts, TikTok will award you with Diamonds (TikTok’s virtual currency), which can then be exchanged for real money.

To accept gifts eligible, you must meet these requirements:

• Be 18 years of age
• Live in a location where LIVE Gifts is available

Besides virtual gifts, you can collaborate with brands to promote their products during your live stream. Seamlessly incorporate the brand’s product into your live content. For example, if you’re promoting a skincare product, show your viewers how you use it in your daily routine.

Leveraging virtual gifts and brand sponsorships during your live stream on TikTok can significantly boost your earnings. Go and try it!

5. Affiliate marketing through cooperation with merchants

Affiliate marketing means promoting products and earning a commission on every sale or action generated. This benefits both merchants and affiliates(TikTok creators)by providing a performance-based revenue stream.

TikTok makes it easy to partner with creators. Creators can promote products through:

• Sponsored content: Create videos that feature a product and get paid for it.
• Product reviews: Share honest opinions on products and include affiliate links.
• Unboxing videos: Show the excitement of opening and using a new product.

Affiliate program is a win-win for everyone on TikTok—creators, businesses, and viewers. When creators team up with brands, it makes content more engaging and gives viewers cool product recommendations. 

This works best when the creators’ audience aligns with the products. Also, authentic recommendations build trust and drive more sales.

6. Creating a Series on TikTok 

TikTok Series allows eligible creators to monetize their content by offering paid series. A series can include up to 80 videos. Viewers can have access to unique content by purchasing a TikTok Series via direct-in-video links or the creator’s profile. 

To create a series, you must meet the following requirements:

• Be 18 years of age
• Have at least 10,000 follows
• Have at least 1,000 views in the last 30 days

Creators can set their prices ranging from $0.99 to $189.99. Fans purchase access, providing you with a direct revenue stream. Bear in mind, that once you set the price, you can’t change it anymore. 

7. Open your store to sell goods

To start selling on TikTok, you need to set up your TikTok Shop. Here’s a step-by-step process:

Step 1: Create your TikTok Shop Account

1. Navigate to the TikTok Shop Seller Center and sign up.

Before entering your phone number or email, you should choose the country where you want to sell.

Currently, the countries allowed to register TikTok Shop include Indonesia, Malaysia, Thailand, Philippines, Vietnam, Singapore, the United States, and the United Kingdom.

Note: Make sure the country you choose is the one where you are going to sell. You won’t be able to change the country after you register.

2. As soon as you select the country, enter your email and verification code. Then, it’s time to choose your business type.

There are four types: individual, sole proprietorship, corporation, and partnership.

If you are an individual seller, you should upload your passport photo or driving license photo.

If you are a business seller, you should provide detailed information about your business, such as legal business name, EIN, registered business address, and so on.

3. After uploading the necessary documents, you need to complete your shop information, including the shop name and primary product.

If you haven’t decided on your shop name and what types of products you want to sell, don’t worry, you can change them later, and this won’t affect your future business.

4. Click the submit button and confirm your information. Then, wait 2-3 days for your application to be approved. Congratulations, you will own your first TikTok Shop!

Step 2 Add products to your shop

Once you’ve set up your TikTok Shop, it’s time to add your products. Here’s a simple guide to get you started:

1. Head over to the TikTok Shop Seller Center and log in

2. Choose your method to add products: You have 5 options here:

• Manual Upload: If you have just a few items, you can add each product one by one. Just click “Go” next to this option and start entering your product details.
• Sync with Your Online Store: If you already sell on platforms like Shopify or Amazon, you can sync your existing products. This saves you the hassle of re-entering all your product info.
• Bulk Upload: If you have a lot of products, download a template, fill it out with your product info, and then upload it to add multiple products at once.
• Mobile App: You can manage your products via the TikTok Seller Center app.
• Integrate Tiktok Shop with SUP:  If you don’t have another online store, SUP is a good choice. Sup helps you find trending products, lists them with one click, and handles order fulfillment. This makes managing your shop much easier and more efficient. 

Recommended read: How to Integrate Tiktok Shop with SUP and list products?

3. Review and Submit: Make sure all your product details are correct. Once everything looks good, submit your products for approval.

Step 3 Link your TikTok account

Now that you have your products added, it’s time to link your TikTok account to your TikTok Shop. Here’s how to do it:

1. Log In to the Seller Center

2. Click My Account> Linked TikTok Accounts

3. A page will appear with a QR code. Use TikTok app to scan the QR Code.

4. Follow the prompts to authorize and link your account.

Now you can manage your shop, promote your products directly through your TikTok profile, and monetize your TikTok account. 

Read more: How to dropship on TikTok with SupDropshipping?

Step 4 Create engaging content

Content is king on TikTok, and the success of your TikTok Shop heavily depends on the quality and appeal of your videos. Here are some tips for creating engaging content:

• Showcase Products Creatively: Use creative and fun ways to show your products. This could be through tutorials, unboxing, or lifestyle videos that highlight the product’s benefits.
• Leverage Trends: Stay updated with the latest TikTok trends and incorporate them into your videos. Using popular sounds, challenges, and hashtags can increase your visibility.
• Collaborate with Influencers: Partner with TikTok influencers who align with your brand. Their endorsement can significantly boost your credibility and reach a wider audience.

TikTok Shop offers a great chance for individuals and businesses to make money on the platform. By setting up a TikTok Shop, creating engaging content, using TikTok ads, and consistently interacting with your audience, you can turn your TikTok account into a strong sales channel.

8. Sell your TikTok account

To sell a TikTok account for a significant profit, it must have value. Here are some key factors that contribute to an account’s value:

Follower Count: Accounts with a lot of followers are more attractive to buyers. Aim for at least 10,000 followers to get interest from potential buyers.

Engagement Rate: High engagement rates (likes, comments, shares) show an active and involved audience. This is important for buyers who want to use the account for marketing.

Niche Content: Accounts focused on specific niches (like fashion, fitness, travel) get more attention and can sell for higher prices. Niche audiences are usually more loyal and engaged.

Consistency and Quality: Regularly posting high-quality content helps build a loyal following. Consistent posting and maintaining content quality are crucial for growth.

9. Collaborate with Creators through Creator Marketplace

Collaborating with other creators on TikTok is a smart way to grow your audience, create engaging content, and make money. While you team up with other TikTokers, you combine and bring fresh ideas to your videos.

Remember to look for creators who share similar interests or complementary content. The key is to make other creators’ audiences naturally become interested in your content. One effective way to find collaborators is through the TikTok Creator Marketplace, a platform designed to connect creators on the network.

10. Promote your expertise on TikTok

Promoting your expertise is an excellent way to position yourself as an authority in your niche. If you’re a fitness guru, share workout routines and diet plans. If you’re a chef, post recipes, cooking hacks, and meal prep ideas. You can create and sell courses to teach your audience in-depth knowledge. Offer one-on-one consulting is also an excellent way. Here are some tips to promote your expertise on the TikTok:

• Focus on creating content that educates and teaches your audiences.
• Engage with your audience
• Leverage hashtags and trends
• Collaborate with other experts

Promoting your expertise on TikTok is a powerful way to build your brand and monetize your knowledge. So start sharing your expertise today and watch your influence grow!

FAQ about TikTok Account

How Many Followers Do I Need to Get Paid on TikTok?

You must have at least 10,000 followers and 100,000 video views.

How many views do I need on TikTok to make money?

You must have at least 100,000 views within 30 days.

How to make money on TikTok?

There are 10 ways to make money on TikTok: 

• Earn TikTok’s official rewards through content creation
• Offer customized services to fans
• Sell customized merchandise
• Host live streaming on TikTok
• Affiliate marketing through cooperation with merchants
• Creating a series on TikTok
• Open your store to sell goods
• Sell your TikTok account
• Collaborate with creators through Creator Marketplace
• Promote your expertise on TikTok

Summary

Monetizing your TikTok account doesn’t have to be complicated. Whether you’re earning rewards from TikTok, offering custom services, opening a store, diving into affiliate marketing, or even selling your account, there’s a path that suits your style and goals. 

So, why wait? Start exploring these options. If you have any problems, feel free to contact us.