ways to make money on TikTok | personal finance

Take advantage of earnings on TikTok.

TikTok, the popular app designed for sharing short videos, has more than a billion monthly active users. According to a statistic, the average user opens the app eight times a day and spends an average of 52 minutes per day on the platform.

Such an engaged user base provides a great opportunity for smart users with a lot of followers to earn money. “Short-form content is consumed much faster than traditional video content, so the number of videos consumed is much higher,” says Adam Enfroy, founder of AdamEnfroy.com, an entrepreneur who teaches others how to increase their online influence. “This makes it lucrative due to faster view counts and subscriber growth.”

From selling sponsored content, to promoting your own products or services, soliciting donations, and benefiting from the app’s own revenue-generating services, there are a variety of ways to make money on TikTok. When it comes to how much you can earn, the sky is the limit. But there is hard work involved, and not every TikToker can make a lucrative living on the platform.

For aspiring entrepreneurs, Enfroy offers these insights on the different ways to make money on TikTok.

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