TOP 10 best ways to make money on TikTok in 2023

TOP 10 best ways to make money on TikTok in 2023

You must have seen that the social networking and music video platform  TikTok  has grown tremendously in the past 5 years. With a huge number of users worldwide, this is a lucrative land for you to make money at the moment.

So, what are the best and hottest ways to make money on TikTok that you should not ignore? Let’s learn today’s article to know this  TOP 10 best ways to make money on TikTok in 20223.

What is TikTok?

According to  Wikipedia , TikTok is known for:

TikTok is a Chinese social media and music video platform launched in 2017, for markets outside of China by Truong Nhat Minh, founder of ByteDance. It is used to create short music, lip-sync, dance, comedy and talent videos from 3 seconds to 15 seconds, and short repeat videos from 3 to 60 seconds. ByteDance first launched Douyin for the Chinese market in September 2016. TikTok was subsequently launched in 2017 for iOS and Android in most markets outside of mainland China; however, it is only available worldwide, including the US, after merging with Musical.ly on August 2, 2018.

TikTok is one of the world’s most popular social networking apps, available in more than 150 markets and 75 languages. The app reached nearly two billion downloads in March 2020, with 104.7 million downloads in January 2020 alone (according to market analysis firm Sensor Tower). TikTok currently has offices in Beijing, Berlin, Jakarta, London, Los Angeles, Moscow, Mumbai, Sao Paulo, Seoul, Shanghai, Singapore and Tokyo.

Top 10 ways to make money on TikTok in 2022

As a video sharing social network that catches up with youth trends, TikTok is interested by a lot of people, especially young people, 9x, 2k friends. Because of that, TikTok is now a channel that helps promote products to customers in an intuitive and easy way.

Join me to find out the best and most reputable ways to make money online from TikTok, which are joined by the majority of you, bringing in a huge monthly income right below.

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1. Refer friends to use TikTok

Referring friends to enter the invitation code, the TikTok referral code to receive rewards is a fairly new way to make money on TikTok, which has started to be implemented on TikTok since the end of January 2023.

Simply put, with this method, you will proceed to invite your friends who have never used TikTok to download the App and register an account, enter your referral code and surf TikTok daily when you have enough time. reward.

This task is pretty easy, isn’t it? Details how to make money on TikTok by entering referral code, invitation code I have also shared it, if you read it and do it correctly, you will definitely receive money.

You just need to work hard to earn up to 1.5 million with this way, it’s completely feasible. This form has also just been deployed on TikTok to attract users, so you should act quickly lest the program end without warning.

2. Sell on TikTok Shop

The next way to make money on TikTok that I want to introduce to you is selling on  TikTok Shop.

Recently, TikTok released the TikTok Shop Seller app globally. The tool allows business people to conveniently create and manage their stores on TikTok. TikTok Shop is an entertainment model that combines commercial information with payment options such as e-wallets, transfers, etc. for users.

Customers can immediately go to your Shop on TikTok and search for related products. Order and pay similar to those on e-commerce platforms such as Shopee, Tiki, Lazada …

Many of you have opened a Shop right on TikTok to sell your favorite items and bring back very positive results. You can try making money with TikTok Shop right now.

3. Affiliate Marketing (Affiliate Marketing)

If you are afraid of the problem of opening a shop, importing goods, trading, taking care of customers … then you can choose Affiliate Marketing to make money. This is a very hot way to make money on TikTok or any other platform where you don’t need to import goods, don’t care about delivery, shipping, after-sales … and still earn money when a product is sold successfully.

With this form, your main task is to promote products for businesses and brands with links (links) shared on your personal page. The familiar saying, I’m sure everyone has heard it  “My link is on Bio”. Those are affiliate marketing links.

When a user clicks on that link and buys a product or signs up for a particular service, you get a commission. The more people click on your link, the higher your chances of getting a commission. This way of making money on TikTok is usually done through video reviews, reviews, tips/tricks, etc.

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In Vietnam, there are many E-commerce platforms that have Affiliate Marketing programs, popular such as Shopee, Tiki, Lazada …, or other popular affiliate marketing networks such as Accesstrade, MasOffer, CiVi…. There are also many products for you to choose, promote and earn commissions.

It is important not to be missed, if you want to make money from this form, you must upgrade your business account to be able to share links on Bio.

4. How to make money on TikTok Ads

If you are operating in the field of Facebook or Google advertising, running ads on TikTok is similar but also brings a good source of income. TikTok allows developers to insert ads and for sellers to release products that run ads. With TikTok, this advertising becomes simpler and suitable for newcomers.

5. Brand promotion

Most popular social media channels like Facebook and Instagram can make money from promoting brands, TikTok is no exception. This is one of the most used ways to make money on Tiktok. Do this by testing products from domestic and foreign brands and then sharing how they feel and why viewers should use this product. With this form, you become an intermediary between sellers and buyers through promotion. From there you can get a commission from the seller.

However, it must also be chosen carefully because it will directly affect your personal image. No one wants the product they recommend to receive mixed reviews, poor quality, and ineffectiveness for users. Therefore, you should choose reputable products to increase your influence.

6. Product PR

You are an influential KOL, you have a great number of followers and fans, then the way to make money on TikTok with PR is a pretty good choice.

You don’t have to search for brands, they will come to you and offer specific salary deals. Your job is to create compelling videos that incorporate their brand product and include the main hashtags of that product.

7. Receive Donate via livestream

This way of making money will be through livestream talking directly with fans (TikTok LIVE) right in the application platform. Fans can purchase items from TikTok by depositing money. Then when they can give you a gift while watching you livestream, you can now convert these items into money and withdraw to your bank account.

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8. Dropshipping – how to make money on TikTok can not be ignored

Surely DropShipping is no longer strange to business people, for those of you who do not know this form is done by being an advertiser and a seller for your own store, but you do not need the product. in hand.

Because, your job is to cooperate with the supplier of goods and products and you only need to sell, close the order and do other things like packing, shipping, warehouse, staff management, … you don’t need care that the supplier will undertake that task.

To take advantage of this form effectively, you need to make efforts to boost sales through useful and interesting videos and lead customers to the sales website.

9. Freelancer for Video Creator position

As an active, flexible and creative person, this is a fertile “playground” for freelancers. Most businesses today face difficulties in building attractive videos, attracting potential customers to their business.

So, this is how to make money on TikTok for Freelancers with the ability to edit, write scripts, shoot and edit videos. This job requires creativity and art and brings a fairly high income.

In addition, you must learn how to use popular TikTok Video editing software on phones such as  KineMaster, CapCut… to do well in this area.

10. Provide services to increase Follow, View and Tim video

Providing services to increase Follow and View on TikTok is also one of the ways to make money on TikTok that many young people have applied successfully, especially those with a little technical knowledge.

As one of the video social platforms, users tend to be interested in Follow, View, and want to increase their TikTok Tim.

Then you can be the one to provide the above services at a reasonable price, then be sure that countless users will find you. This is an easy way to make money on TikTok, but it requires you to do the things that users need.

Why make money on TikTok?

Like I said, TikTok is a fertile land for you to make money. Where there are many people interested, there is money.

When you apply methods of making money on TikTok or other media channels and social networks, if you want to be successful, you must definitely attract interested people.

With TikTok as an attractive video social network among young people, your chances of making money are huge if you catch the trend and have effective marketing strategies.

In addition, you can also refer to the  reputable ways to make money online  that I have shared on the Blog. Combine these forms to help you get a stable passive income source.

Conclude

One thing is for sure, making money on TikTok is completely real? You need to prepare yourself with certain skills to make money on TikTok most effectively.

Hopefully with the strong development of TikTok will help you have more best options on the way to make money online.

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