How to Earn Money on TikTok in 2024
Social Media

How to Earn Money on TikTok: 10 Effective Strategies

Unlock the potential of TikTok by mastering ten powerful strategies designed to turn your creativity into a steady income stream.

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TikTok is no longer just a fun app for lip-sync videos. It has grown into a serious platform where creators earn real money every month. What started as entertainment has now become a full-time income source for many people.

With a massive and diverse user base, TikTok offers multiple ways to monetize content. In 2024, the opportunities are bigger than ever. Whether you create educational videos, entertainment content, or niche tutorials, there is a way to turn views into income.

This guide breaks down 10 practical ways to make money on TikTok, from creator payouts to brand deals and digital products. You do not need millions of followers to get started. What matters more is consistency, creativity, and understanding how the platform works.

How to Make Money on TikTok: 10 Proven Strategies

Before jumping into monetization, it helps to know two things:

  1. Who your audience is
  2. What type of content you are best at creating

Relying on only one income source is risky. The smartest creators use multiple methods to build stable earnings.

Let’s go through the most effective options.

1. Join the TikTok Creator Fund

Launched in 2020, the TikTok Creator Fund pays creators based on video performance. TikTok set aside over $1 billion to reward creators who consistently produce engaging content.

Why creators use it:

  • You earn money based on views and engagement

  • It rewards consistency and quality

  • Being accepted adds credibility to your profile

Eligibility requirements:

  • Must be 18 years or older

  • Minimum 10,000 followers

  • At least 100,000 video views in the last 30 days

  • Must live in an eligible country

While the payouts are not massive, the Creator Fund works best as a baseline income, especially when combined with other monetization methods.

2. Sponsored Posts and Brand Partnerships

Sponsored content is one of the highest-paying ways to earn on TikTok. Brands pay creators to promote products in a natural and authentic way.

How much you earn depends on:

  • Follower count

  • Engagement rate

  • Niche relevance

On average:

  • Small creators earn $100–$1,000 per post

  • Large creators can earn $10,000+ per post

The key is trust. Followers, especially Gen Z, can easily spot forced promotions. Choose brands that fit your content style and audience.

When pitching to brands:

  • Share your engagement data

  • Show past collaborations

  • Explain how your audience matches their product

Sponsored posts work best when they feel like normal content, not ads.

Bonus: How to Add Music to Your Instagram Story

3. Affiliate Marketing

Affiliate marketing allows you to earn commissions by promoting products. When someone buys using your link, you get paid.

How creators use affiliate marketing on TikTok:

  • Add links in bio

  • Mention products naturally in videos

  • Create tutorials or reviews

  • Use tools like Koji for link management

Example:
Skincare creators often earn thousands per month by recommending products they already use and trust.

The secret is authenticity. When followers believe your recommendations are honest, conversions increase.

4. Sell Merchandise

If people enjoy your content, they often want to support you. Selling merchandise is a simple way to do that.

Popular merch ideas include:

  • T-shirts

  • Hoodies

  • Stickers

  • Digital artwork

Many creators start small and expand as demand grows. Print-on-demand platforms handle production and shipping, so you can focus on content.

Limited-edition drops also create urgency and increase sales.

5. Offer Consulting or Coaching

If you are skilled in a specific area, TikTok can help you sell your knowledge.

Popular coaching niches include:

  • Freelancing

  • Fitness

  • Personal finance

  • Content creation

  • Career advice

By sharing useful tips publicly, you attract people who want personalized guidance. One-on-one calls, audits, or mentorship programs can become a high-income stream.

6. Live Streaming and Virtual Gifts

TikTok Live allows creators to receive virtual gifts from viewers. These gifts can be converted into Diamonds and then real money.

Some creators earn small amounts, while others earn thousands monthly. The key is interaction:

  • Answer questions

  • Respond to comments

  • Go live consistently

Live streams help deepen audience connection and boost overall visibility.

Take Jakey Boehm, for example. He made nearly $34,000 in just one month by streaming himself while he slept. This shows that there are many creative ways to engage with viewers and make money from your content.

Live Streaming and Receiving Virtual Gifts

7. Offer Premium Paid Content

Your most loyal followers are often willing to pay for exclusive content.

Premium content ideas include:

  • Advanced tutorials

  • Private communities

  • Behind-the-scenes access

  • Personalized feedback

Platforms like Patreon help you manage subscriptions. Clear value and regular updates are essential to keep subscribers engaged.

8. Use TikTok Ads to Drive Traffic

TikTok Ads can be powerful when used correctly. Creators and businesses use them to:

  • Drive traffic to websites

  • Promote digital products

  • Boost affiliate sales

Ads that blend into the TikTok feed perform best. Short, visually engaging videos usually get the highest conversion rates.

9. Send Followers to Patreon

Patreon provides recurring monthly income from supporters.

Creators offer:

  • Exclusive videos

  • Early access

  • Private chats

  • Bonus content

This method works well for creators with a loyal audience who want deeper engagement.

10. Create User-Generated Content for Brands

UGC is content you create for brands, not on your own page.

Brands pay creators to:

  • Film product demos

  • Record testimonials

  • Create short promotional videos

You do not need a large following for this. Brands care more about content quality and authenticity.

Bonus: How to Get More Views on TikTok

How Many Followers Do You Need to Make Money on TikTok?

You do not need a huge following to start earning.

  • Affiliate marketing: even a few hundred followers

  • Live gifts: minimum 1,000 followers

  • Creator Fund: 10,000 followers

  • Sponsorships: usually 10,000–100,000 followers

Engagement matters more than numbers.

How Much Money Can You Make on TikTok?

Earnings vary widely. Here is a rough estimate for sponsored posts:

FollowersEstimated Earnings
10K–50K$100–$500
50K–100K$500–$1,000
100K–500K$1,000–$5,000
500K+$5,000+

Many creators combine multiple income streams to increase stability.

5 Practical Tips to Increase TikTok Earnings

1. Cross-Promote Content

Share TikTok videos on Instagram, Twitter, and YouTube Shorts to grow faster.

2. Pitch Brands Proactively

Do not wait for brands to contact you. Reach out with clear data and value.

3. Use TikTok Features

Lives, Duets, trending sounds, and stitches boost reach.

4. Focus on Community

Reply to comments and build trust. Loyal audiences convert better.

5. Stay Consistent

Posting regularly matters more than posting perfectly.

Frequently Asked Questions

Can I make money on TikTok?

Yes, you can earn money on TikTok through various avenues. These include the TikTok Creator Fund, sponsored posts by brands, affiliate marketing, selling merchandise, offering consulting services, live streaming with virtual gifts, creating premium content, using TikTok Ads, promoting a Patreon account, and making content for brands.

How do creators make money on TikTok?

Creators can make money on TikTok in several ways. They can join the Creator Fund, work with brands for sponsored posts, use affiliate marketing, sell merchandise, offer consulting services, receive virtual gifts during live streams, create premium content, use TikTok Ads, promote their Patreon accounts, and produce content for brands.

Can TikTok pay money?

Yes, TikTok can pay money through the Creator Fund, where creators earn based on their video views and engagement. Additionally, creators can receive money from virtual gifts during live streams and other monetization methods.

How much does TikTok pay for having 1,000 followers?

TikTok does not pay directly based on follower count. Earnings are influenced by factors such as engagement levels, content quality, and the monetization strategies used, including the Creator Fund and brand partnerships. While having 1,000 followers is a good start, it doesn’t directly determine how much you will earn.

How to make money from TikTok views?

To earn money from TikTok views, you can join the Creator Fund, which pays based on the performance of your videos. Additionally, higher view counts can attract brand partnerships, increase affiliate sales, and boost merchandise sales, all of which contribute to your overall earnings.

Final Thoughts

Making money on TikTok is realistic if you treat it seriously. The platform rewards creativity, consistency, and authenticity. You do not need viral videos every week. You need value-driven content and smart monetization choices.

Start with one method, improve it, then layer more income streams. Over time, TikTok can become more than a side hustle — it can turn into a sustainable career.

Written by
Priyanka Kumari - Blog Editor

Priyanka Kumari is a freelance writer specializing in Artificial Intelligence and Social Media. She creates engaging content that simplifies complex topics, making them accessible and interesting for readers of all ages.

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