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How To Make Money On TikTok 2022 (3 Ways) | TikTok Creator Marketplace

How To Make Money On TikTok 2022 (3 Ways) | TikTok Creator Marketplace

Hi guys, welcome back to my channel! My name is Mei, and on this channel, I aim to help online entrepreneurs grow their online businesses and create a massive online income. If you are new here, don’t forget to subscribe to my channel and click the little bell so that you won’t miss any of my future videos.

Since last year, I have seen many brands rave about TikTok and how this social media platform can bring in traffic for their businesses. So, I decided to try it out, and I managed to grow my account from less than 100 followers to now 17,000 in about seven months' time. Not fantastic growth, but I’m quite amazed by the result and the numerous ways it has helped me make money on TikTok.

In today’s video, I will share three ways I used to monetize on TikTok.

1. Turn TikTok into a Sales Funnel

For those who have been following me, you know that I’m a full-time course creator and online business coach, and a creative agency owner. I grow my personal brand through social media to gain exposure. My main traffic is mostly here on YouTube, where I share many free tips on how to make money online.

So, when I got to know about TikTok, I wanted to test to see if TikTok could perform the same as YouTube since both platforms focus on video content. In less than six months, I managed to double my email subscriber list. As you can see from the analytics, the growth was very slow between March to September 2021; the list only increased by 164 subscribers in six months. Whereas the moment I started actively marketing on TikTok, my list went from 947 to 1165, which is more than double in just five months. This resulted in an increase in sales for my online businesses as well.

2. TikTok Creator Marketplace

I was invited by TikTok to join their Creator Marketplace. TikTok Creator Marketplace is the official collaboration platform to connect brands and creators on TikTok.

With the Creator Marketplace, creators can collaborate with brands on both paid and reward-based campaigns. The requirement to join TikTok Creator Marketplace used to be a minimum of 100,000 followers, but I think this is no longer the case because I got an invitation without the need to apply for it when I hit 10,000 followers.

I just got this invitation last December, which is two months ago, and within the first week, I got my very first paid brand deal. Subsequently, there were more brand collaborations.

Now, let me walk you through step by step how TikTok Creator Marketplace works:

  1. Invitation: Once you receive an invite on TikTok app notification, click sign up.
  2. Onboarding: Go through their onboarding steps and create a profile.
  3. Rate Setting: Determine your rate during this step. For example, I set a guide price of $ 100.
  4. Completing Profile: Fill up the remaining sections and you're done.

You can view all the collaboration invites and details of each campaign. Whenever there’s a brand that wants to work with you, you’ll receive a notification. Each invitation has an expiry date, so make sure you respond promptly. If you’re prompt in responding, you earn a “very responsive” badge, boosting your trustworthiness and attractiveness to brands.

3. Promote Your Services

TikTok has been a great platform to promote my video services, likely because it’s a place to feature videos and attract clients who need video content creation or TikTok marketing services.

I’ve received numerous inquiries on these services since I started on TikTok because I optimized my TikTok profile and created content around the services I offer for my drop-servicing agency. TikTok has opened up a whole new opportunity for online business owners due to its vast reach and exposure. I managed to get organic international clients without spending on any paid ads.

Keywords

  • TikTok
  • Monetize
  • Sales Funnel
  • TikTok Creator Marketplace
  • Email Subscribers
  • Brand Deals
  • Promote Services
  • Online Business
  • Video Content Creation

FAQ

Q1: Can you really make money on TikTok? A: Yes, you can make money on TikTok. I have been testing the platform for six months and managed to grow my account and increase my income through it.

Q2: What is TikTok Creator Marketplace? A: TikTok Creator Marketplace is an official platform where brands and TikTok creators collaborate on paid and reward-based campaigns.

Q3: How many followers do I need to join TikTok Creator Marketplace? A: The requirement used to be 100,000 followers, but I received an invitation when I hit 10,000 followers.

Q4: How does TikTok Creator Marketplace work? A: Once you receive an invitation, sign up, complete the onboarding process, set your rates, and fill up your profile. You then respond to collaboration invites from brands.

Q5: Does promoting services on TikTok work? A: Yes, promoting services on TikTok has been successful for me, attracting clients needing video content creation and TikTok marketing services.

Q6: How effective is TikTok for growing an email list? A: Very effective. I managed to double my email subscriber list in less than six months after actively marketing on TikTok.

Thank you so much for reading, and I hope this article helps you open up another stream of online income. If you have any questions, please leave them down in the comment section below.