How to Make Money on TikTok in Australia
As we already know, the Tik Tok creator fund is not available in Australia. But, there are several easy ways to make money on TikTok.
The most popular way to earn money on TikTok in Australia is Affiliate marketing, Tiktok Live Stream, Sponsored Posts or Duet, and Selling your own Merch by connecting your E-commerce store or a through a free third-party app.
You must create the content asap, as TikTok is in its early days in terms of content creators, it is not as saturated as youtube is.
TikTok is growing faster and it has close to million Australian users over the age of 18.
Here, I’m going to explain to you the 8 different ways(tips) to make money from TikTok if you live in Australia.
1. Earn On TikTok With Sponsor Posts
You don’t have to be a big account to get a sponsored post, there are many websites that offer you to register on their platform for free. You will have to describe your account, content type, and your expected price range. As soon as the sponsor/brand finds interest in your account, they simply approach you via the platform.
Basically, these sponsorships will range anywhere from $20 payout to $500. You can apply yourself if you want, sometimes these companies will reach out to you too.
They will just ask you to create a video that they can use for advertising purposes, or at other times these companies are going to want you to also post a video on your own account. This is the best option to earn in Australia with a small account on TikTok.
Watch the example video below, it is engaging and unique.
Either way, this is a fantastic way to start earning income from your TikTok.
The plus part is you get to keep the free products.
Learn how much you can charge for a sponsored post on TikTok.
2. Sponsored Promotion
This is very similar to the previous method but slightly different, you can do sponsored or promotional content and this is where an individual TikToker and brand will reach out to you or you can reach out to a brand and offer your service in a similar niche.
Basically, you will promote their product or account through a video clip on your account. It can be a product, a service, or anything relevant. In exchange, they’ll actually pay you with cash and with the free products.
This is one of the most lucrative ways to make money on Tik Tok, but you have to have a relatively large following.
For this, if you have only 10k followers on Tik Tok that’s not really that much for promotional or sponsored content.
If you have a serious interest in making TikTok a career, you should aim to acquire over 500k followers, in order to monetize your account at a grand level.
Create well-engaging content, a quality post that can get many likes and comments, learn here how to get more likes on your TikTok.
Advertisers want to reach a big audience. Hence, the bigger the viewers you have got the more likely you going to hear from advertisers.
3. Go Live On Tik Tok
If you have over 1000 followers on the app you can go live and people that join your live stream can give you donations or gift coins.
When you get these gifts you can actually exchange them for real-world cash, with that said it takes quite a lot to earn any significant amount of money by doing this.
If you have thousands of people joining a live stream and making donations you can probably earn a decent amount of cash from this. But, if you only have a following of around 5,000 or so, and you know only 50 or 60 people join your live stream, you’re not going to actually make any substantial amount of money.
But, there is a solution you can grow your account fast by applying the following option.
4. Invest in TikTok to Make Money on TikTok
You don’t have enough followers? Don’t worry, Invest in your account to generate more money. This may sound a little bit odd but think of your TikTok account as a property. Invest in your property and rent out to get your money back.
Learn Here Free Method to Grow your TikTok Account, Or you can follow the below method.
Firstly, make several posts over the period of 2 weeks, these posts must be engaging and have a chance of going viral. Please don’t just post anything as it will not work and you will get disappointed.
Explore what is trending on TikTok and create video clips accordingly to your niche.
Dm other small(1-2)k TikTokers in your niche and ask for collaboration, in return they will not ask you any money, as they are on the same journey to success just like you. This collaboration will instantly give you a good following.
Now is the time to invest, approach big Tiktokers with 50k plus followers, ask for shoutouts, and they will ask you for cash in return. Do it. It is an investment.
The shoutout can make your video go viral, and people will start following you and ultimately grow your account.
After receiving few followers, focus on creating videos with high engagement.
This method will surely grow your account, and once you have a good following, you can reap the rewards for years to come.
5. Affiliate Marketing
Affiliate marketing is an easy way to make money. All you have to do is post a link in your bio and make a small TikTok post about it.
One of the easiest ways is to promote amazon’s affiliate products.
You can recommend a product or a service, and then if people click through that link and buy something you’ll get a commission off of that sale somewhere between 1% and 10%.
If you’re using amazon affiliates it’s a decent way to make money, and if you have a lot of followers and a lot of people visiting your profile page even if you get a small conversion rate of one percent or less you could potentially make a lot of money.
6. Sell your Own Product.
You can create an online store or offer services through the app. If you create an eCommerce store you can put a link in your bio, if someone buys through that you are going to keep all the profit.
That’s actually going to be a lot more work, but you can earn a lot more money doing it.
Whereas, with an affiliate link you might only make one to ten percent per sale per commission.
If you’re actually selling your own products you know the sky’s the limit. It really just depends on how low you can keep your cost. Sales and profit are in your hands
7. Sell Your TikTok Account
You can sell your TikTok account, if you generate a large enough following you could potentially find someone that’s willing to pay you actual cash to take over control of your Tik Tok account.
In order to figure out how much you can make money by selling a Tik Tok account. Visit websites like fameswap.com, even if you have a following in the hundreds of thousands. How much money you can get? well, there are a few TikTok accounts selling for $5,000.
Keep in mind, we’re only talking about a couple hundred to a couple of thousand dollars here in exchange for a whole Tik Tok account.
8. Shout Out Methods
Having a decent following can be rewarding, you will start receiving DMs from other TikTokers for shoutouts, and sometimes small brands. In return, you can get a cash amount or their branded Items to review.
But, there is another way to make money with Shoutouts.
Put your ad on Fiverr.com as follows:
- Name of account: xyz
- Followers: 50ks
- Post Type: Permanent
- Shoutout amount: $40.
It is not one of the best options, but it can be an extra ad revenue.
Some of the commonly asked questions about Tiktok in Australia
Can you Make Money From TikTok in Australia?
The answer is yes, you can make money on TikTok in Australia, given that you put in the work on TikTok. The key to success on TikTok is creating videos with high audience retention and posting trendy content at the right time.
Any video with high retention requires you to Make Original Non-Copyrighted, high-quality content, Trending Music, Trending Hashtags, and Trending features.
Here is a step-by-step guide to getting high views on your TikTok Video.
How many followers do you need to get paid on TikTok Australia?
As explained earlier, you don’t need to have a big following in the millions to make serious money in Australia. However, you need to have a minimum of 50k followers in order to get some conversion by selling your own merch and affiliated items.
You can grow your following fast by creating niche-specific, or cross interests content like dance & lip-sync. Alternatively, if you are good at telling stories, use it, people love to listen to interesting stories in short format.
How do I get TikTok creator fund in Australia?
As per TikTok’s official website, To be eligible for the TikTok creator fund, the creators will need at least 100k authentic video views in the last 30 days. However, TikTok only offers this to Creators based in the US, UK, France, Germany, Spain, or Italy.
Can you get paid from TikTok in Australia?
The Short answer is No, TikTok doesn’t pay the creators in Australia at the moment. However, you can earn a lot more money by using the above methods & tips explained here in detail. Though there is an award base scheme by TikTok that you can apply for, you have to be 18 plus and must have a Paypal account. Find out more here.
If you have an idea, express it to the world on TikTok, don’t wait. Internet is growing so is TikTok, but it’ll not remain the same and easy forever.
Bonus read: What is considered a viral post on TikTok
Avoid getting your videos under the review process.
There are many ways to earn money from TikTok in Australia:
- Brand partnerships and sponsorships: If you have a large following on TikTok, brands may be interested in partnering with you to promote their products or services. You can reach out to brands or they may reach out to you. Some platforms that connect influencers with brands include Tribe and Social Soup.
- Live streaming: TikTok allows users to monetize their live streams through virtual gifts. When viewers send virtual gifts during your live stream, you can convert them into real money.
- Affiliate marketing: You can promote products or services through your TikTok videos and earn a commission on any sales made through your unique affiliate link.
- Selling merchandise: If you have a strong personal brand on TikTok, you can sell merchandise related to your brand. This can include t-shirts, hats, stickers, and other items.
- Selling shoutouts: If you have a large following on TikTok, other users may be willing to pay for a shoutout in one of your videos.
It’s important to note that building a large following on TikTok takes time and effort. You’ll need to consistently create engaging content and engage with your followers to grow your audience.