Are you looking to use TikTok to make some extra money? Maybe you have heard that you can make money on TikTok just by watching videos and want to know if it is true.
Or are you curious and want to know more? Whatever your reason might be, we have the answers for you!
When it comes to TikTok, we all spend too much time there. There is no escaping it, a quick five-minute scroll can lead to hours spent watching 20 versions of the same video, and you think, if only there were a way I could make money from this?
You see other people making money online and wonder if you can do it too.
Well, that’s where we come in! Today we are here to tell you how you can use your scrolling time to make money. Just keep reading to find out more!
What Is TikTok?
If you have been living under a rock, let’s recap before we get into today’s article. TikTok is a social media platform that allows users to make quick videos that are shared with other app users.
The videos range from a few seconds to three minutes and are about anything!
Whether they are a reaction to other videos, a viral trend, a dance, a user talking about their life or experience, or offering advice, there is something on there for everyone!
The videos can rack up millions of views in just one day and are an excellent marketing tool, with many brands and companies now using TikTok to promote their products.
The app also features a store function, where creators can link products they have discussed or recommended for followers and viewers to purchase, earning a commission each time they do.
It’s become a vital social media app and is sure to stay for years to come.
Now that we have established what TikTok is let’s move on to find out how you can make money by watching videos!
How To Make Money On TikTok Watching Videos
Let’s get straight into it! A new app allows you to watch videos on TikTok and make money! Zynn recently launched and allowed you to make money when you watch TikTok.
All you need to do is download the app and set up PayPal with Zynn.
However, the snag is that it isn’t TikTok. The app runs like TikTok, allowing you to watch videos, like and comment on them and create your videos. Each time you watch videos, you can earn points.
These points can then be converted to money that is transferred via PayPal. $1 is 10,000 points, which doesn’t sound like a lot, but you would be surprised at how quickly they rack up!
As Zynn is a new business, it is hard to say whether this will be beneficial in the long run. There are some concerns that it might be a pyramid scheme, but it is too early to tell.
It’s worth proceeding with caution and ensuring you withdraw your money frequently.
You can earn money on TikTok watching videos by working as a freelance consultant. In this case, you can work with influencers and content creators, offering advice on guidance about their content.
You will watch their videos and help them create more content. You tend to need more experience in social media to do this, but it is an excellent way to get a foot in the door and move into a career in social media.
How Else Can I Make Money On TikTok?
If the ideas above don’t appeal to you, there are other ways that you can use TikTok to make some money. Let’s take a quick look at them now.
Make Your Own Videos
If you make your own videos, you can earn money from them! You will usually need around 10,000 followers and have roughly 1000,000 video views in the last 30 days.
Your videos also need to meet the TikTok community guidelines. It can take some time to build up this level of following, but by regularly creating content and engaging with your followers, you can boost your followers and engagements.
TikTok will then pay you based on the number of views and engagements you have. The amount can vary depending on where you live, so check out TikTok’s guidelines to find out more.
Work With Brands
Brand deals are another way to make money on TikTok. Usually, brands will reach out to creators with a high follower count or engagement to work with them, promoting new products or services.
The amount of money you are paid varies depending on the brand and the type of content you are creating. Typically, you need at least 1,000 followers for brands to want to work with you.
Sell Products
Another option is to use the TikTok store to sell products. You can sell your products if you run a small business or use the TikTok store to share products you have recommended to your followers.
You will earn a commission every time they use your store to purchase products. It isn’t always a large amount, but if you have many followers, it all adds up!
Final Thoughts
And there you have it, all the ways you can use TikTok to make money! Whether you watch videos, make your own, or promote products, there are plenty of ways to use TikTok to boost your bank balance!
Remember to be patient, as it can take a while to get the ball rolling, but once it has, you can enjoy some extra cash at the end of every month!
As a current Mortgage Underwriter with 15 years of experience, I have seen my fair share of money-related issues. Whether that be high levels of debt, not enough credit, or simply a lack of funds - I’ve had clients who fit into these categories.
Here I will share tips, tricks, and experiences on how you can get yourself back in control of your finances.
- How To Start A Hot Shot Business [2023] - November 24, 2022
- Basic Personal Finance Concepts [2023] - November 22, 2022
- Where To Put Retirement Money After Retirement [2023] - November 4, 2022
