If you’re a TikTok user and are wondering how to make money on the platform, you’re in the right place.
This article will teach you everything you need to know to start earning money from TikTok in Canada.
Whether you’re looking for a passive income or a replacement for your full-time job, continue reading to learn how you can make money on TikTok in Canada.
What is TikTok?
TikTok is a popular short video-sharing app that lets users create and share short videos with special effects and filters.
It was launched in 2016 and has become one of the most popular apps for creating short, looping videos. It quickly gained users once it launched in Canada in 2017.
TikTok’s mission is to create a new kind of visual communication platform where people can express themselves through short-form videos.
The app is particularly popular among teens and young people who use it to share their daily lives including dancing, singing or lip-syncing with their friends and followers. You can also follow other users on the app to see what they’re posting too.
TikTok is designed to be easy to use: You can quickly shoot and edit short video clips, music and text over existing footage or your face.
The result is something that looks like Instagram stories but feels more like Vine except with more freedom to experiment with different styles and effects.
How to Make Money on TikTok in Canada
There are several ways you can make money with TikTok. Today we’re going to take a look at some of the most lucrative options available to Canadians.
Here are six ways you can make money on TikTok in Canada:
1. Earn Virtual Gifts When You Go Live
TikTok offers users the opportunity to go live and earn virtual gifts which they can redeem for real money.
This is one of the easiest ways to make money on TikTok because it doesn’t require any effort on your part other than going live and waiting for gifters to join your life session and send their gifts.
Once they do, you can cash out through PayPal or Payoneer within 24 hours of receiving them.
However, to start going live on TikTok, you need a minimum of 1,000 followers. The more followers you have, the more money you can make.
Also, the amount of money you can earn depends on the type of live stream, and the number of people who send virtual gifts during your session.
2. Do Sponsored Videos
As it is with any social media platform, brands will pay influencers to promote their products in exchange for a fee or commission.
So far as your content is engaging and relevant, there should be no problem finding brand partners who want to work with you.
You can also find opportunities by reaching out directly to brands yourself through social media or email. An effective way of doing this is by creating a portfolio of your past work and using it as leverage when pitching new opportunities.
The best part about doing sponsored videos on TikTok is that it can be used as an additional income stream for any creator with an existing audience.
For example, if you have 100K followers on Instagram but only 2K followers on TikTok, you could do sponsored posts on Instagram and then promote them using TikTok. It’s all about diversifying your content so that it’s not just limited to one platform.
3. Promote Affiliate Products
Affiliate marketing is another great way to make money on TikTok in Canada. It’s also a great way to get more followers and likes on your account.
You might be wondering: “How can I promote affiliate products to make money on TikTok in Canada?”
Affiliate marketing is when you promote someone else’s products and earn commissions when someone buys that product through your link.
There are many ways that you can promote affiliate products for TikTok. You can promote them in the comments of other people’s stories, or post them in your story with a link to where they can buy them.
Of course, the more followers you have, the better your chance of landing well-paying affiliate partners. And if the offers resonate with your audience, you shouldn’t have a problem with converting some of them to buy.
4. Promote Your Own Business
If you have a business, promoting it is also a great way to make money with TikTok in Canada. It’s also a great way to build your brand.
There are many ways to promote your own business on TikTok. Here are just a few of them:
Use hashtags related to your business in your posts. For example, if you sell shoes, use hashtags like #sneakers and #shoes. This makes it easier for non-followers to discover your posts.
Also, you can create original content that promotes your business or product. This can be anything from a video to an image or even text-based posts. Share these videos publicly on TikTok so anyone can see them (and hopefully buy!).
5. Flip TikTok Accounts
Flipping is a popular and profitable business model on social media platforms including TikTok.
If you’re skilled at creating a successful TikTok account, you can earn a fortune from that by creating as many accounts and selling them for a fixed amount.
TikTok isn’t quite as established as Instagram yet, but there are still plenty of people willing to pay for high-quality accounts with hundreds or thousands of followers.
It can be difficult for new users to build up a following on TikTok. So instead of trying to build up a following through organic growth, it’s easier for some people to buy established accounts with large followings.
6. Work as a TikTok Consultant
Another way that people have found to make money with TikTok is by becoming a consultant.
If you have knowledge about the app and know how to use it well, then many people would love to learn from you and pay you for your services.
You can teach people how to use the app. You can train them on how to use various features on the app and give them tips about what works in terms of gaining followers and increasing engagement.
How to Increase Your TikTok Views
The more views you have, the more you become popular and increase your followers and earnings.
The following are some of the practical steps you can take to increase your TikTok views.
1. Focus on a Specific Niche
You can’t be the master of all at the same time. This requires you to focus on a particular niche you’ve passion about at a time.
From tutorials, comedy, and dancing, to information sharing, there are many niches to choose from out there. The most important thing is to pick the one that suits your passion and skill set.
Hashtags indicate the current trends on TikTok. You can easily find hashtags under the search button on the TikTok app.
Adding hashtags to your posts will not only show how current you’re but will also give you a broader exposure to people that are not even following you.
3. Post Regularly
Posting regularly will help you attract more views than expected. Since there’s no limit on how many posts you can make a day, you can post as much content as you can to attract more views.
Ensure your videos are interesting and entertaining. Your videos should not always reach a maximum of 3 minutes so that people don’t get bored watching them. And try not to post too many of them at once; it will seem like spamming if you do.
Also, you shouldn’t rush to post content just for posting’s sake. Ensure you’re posting something that will resonate with your audience and make them share it with others. The more your content is shared, the more views you have.
Collaborating with other TikTokers will boost your identity and generate more views for your videos.
To get the desired results, you need to collaborate with TikTokers or influencers with more followers and views than you.
5. Join a Challenge
TikTok challenges give you the opportunity to have fun while boosting your profile visibility to more audiences.
You can find some of the trending challenges under the search button usually with a hashtag. This could be dancing, singing, cooking or other challenges.
6. Focus on Engagement
Engaging with your audience is one of the essential steps to boosting your views. Like other social media platforms, TikTok promotes posts with more likes, comments and shares than those with less.
As a result, you need to keep in touch with your audience all the time by answering their questions, responding to their comments and going live.
RELATED: TikTok Referral Code
FAQs on How to Make Money on TikTok in Canada
TikTok Creator Fund program is not availed in Canada yet. The program is only available in the US, UK, Germany, Spain France, and Italy.
Sure, you can make money on TikTok without the Creator Fund by earning virtual gifts, posting sponsored videos, promoting affiliate products, promoting your business and so on.
TikTok has not publicly stated reasons why the Creator Fund is not available in Canada yet. However, there are ongoing plans to make the program available to Canadians in 2023.
TikTok has not announced when it will expand the Creator Fund program to Canada. But there are plans to launch the program in 2023 in Canada.
TikTok doesn’t specify the amount it pays per like. But since likes contribute to the overall engagement of a video, it’s safe to say that likes will impact your earnings on TikTok.
There’s no given number of followers required to get verified on TikTok. You will be automatically verified once you meet the metric growth eligibility of TikTok.
The metric growth takes into account the longer video watch times and daily TikTok follower growth.
Now you know the various ways to make money on TikTok in Canada even while sleeping.
Taking advantage of these opportunities will help you maximize your earnings and make TikTok your reliable side hustle or full-time job.
To achieve long-term results, you should focus more on increasing your views by sticking to a particular niche at a time, using hashtags, posting regularly, collaborating with other TikTokers, joining challenges and engaging with your audience.
We hope we have answered all your questions on how to make money on TikTok in Canada. Hopefully, you too can now start making money on TikTok.
Learn other ways to make money in Canada through the other posts below: