TikTok is one of the most popular social media apps that involves interactions through videos. The app is an internationalised version of Chinese app Douyin which was launched in 2016 under the name A.me.

TikTok was launched in 2017 and has become one of the easiest money making social media apps.

Here are several ways that TikTokers can make utilise to earn  extra coins;

One can partner with TikTok influencers or other brands through TikTok creator Marketplace. Those in approved countries can join the TikTok Creator Marketplace and get connected to brands and sponsors. The Creator Marketplace acts as an influencer agency, letting both sides indicate their willingness to work with one another.

You can also make money on TikTok by going live and  collecting virtual gifts from your fans live. Gifting is one of TikTok’s most useful features for creators looking to monetise their content through live streaming. Most social networks have a live streaming feature, but what makes TikTok unique is that it allows followers to show their appreciation in real time by sending virtual gifts, that can be redeemed for payment.

Thirdly, Content can also be monetised through creating in-feed ads with TikTok managers.

Aside from that, video creators can also use the social media App to sell products and merchandise to their fans. Through TikTok shop, creators have a variety of merchandise to choose from, ranging from  t-shirts, tote bags, pillow cases, hats, coffee mugs, stickers, notebooks⁠⁠ among others. They can also sell their own branded merchandise that will also promote their brands.

Content creators can also opt for the subscription-based models of income work but they should ensure that that their subscriptions rates do not turn away subscribers. For someone who is passionate about the content he/she is creating it is easy for them to convince followers to invest in the VIP experience. Many TikTokers offer paid premium content off the site  for instance, via Patreon. TikTok videos offer a taste of what paid subscribers are in for. Even if just a fraction of your audience is willing to pay a few extra hundreds for exclusive monthly videos or a special, supporters-only podcast, that can add up over time.