15 Easy Ways To Make Money On Tiktok In Nigeria

Are you looking for ways to make money on Tiktok in Nigeria? Tiktok is one of the best online platforms to make money in Nigeria. Making money online is what everyone wants to do in 2023 and one of the best ways is using Tiktok.

TikTok has acquired popularity in the shortest amount of time since its global release in 2017—even before its official release in 2021—beating other social media apps to become the most downloaded of all and ranking as the sixth app with the most monthly active users.

As of December 2020, the TikTok app had been downloaded more than 2.6 billion times worldwide, according to information from Sensor Tower. 62 million users have TikTok downloaded at the start of 2021. A record-breaking 315 million people downloaded the app during the first quarter of 2020. There are 500 million people in India, 180 million in China, and 130 million in the United States. 87 million people downloaded TikTok globally in June 2020.

How To Make Money On Tiktok In Nigeria

Before I show you how to monetize all the time you spend on TikTok, I have to deliver one painful fact that you may or may not find difficult to accept.

Just because you have an account doesn’t mean you can start earning money on TikTok! Yes, having a TikTok account and a few videos that have received a few likes and comments does not automatically suggest that you are ready to start becoming successful there.

But don’t worry, there’s a sweeter truth you can accept.

To start making money on TikTok In Nigeria :

You must be at least 18 years of age
You must be based in the US, UK, and globally.
You must have a minimum of 10,000 followers
Your videos must have 100,000 video views in the past 30 days
Your account must adhere to the TikTok Community Guidelines and terms of service.

You can develop your account into a hot commodity and put yourself in a position to bring you either cool or serious cash, or both. Here’s how to do it:

Establish Your Brand Or Niche

According to a proverb, if you don’t stand up for anything, you will fall for everything. Avoid being overly greedy with niches; instead, identify one or two that you can use to establish your brand. It makes it incredibly simple for your target audience to find you like a moth to a flame since it clearly demonstrates who you are and what you stand for.

Post Materials That Your Intended Audience Is Looking For

Finding your niche makes it simpler to work on creating new content that will keep your audience interested enough to return frequently and actively engage with your page. Not only should new information be posted, but it should also be posted regularly. In the end, consistency is crucial.

Amass A Following

This is arguably the most crucial requirement if you want to profit from TikTok, and you can only reach this stage by mastering the first and second points. Because you cannot monetise your account until you have between 10,000 and one million followers. You’ll require patience as you build your account farther and further till you become widely known. When that effort and consistency pays off in large-scale following.

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Here are 15 ways you can begin to make money on TikTok in Nigeria.

AFFILIATE MARKETING

As a result of your significant following and commitment to a certain specialty, companies looking to sell their goods and services in your videos are likely to approach you. You receive payment from the business in the form of a percentage or commission for each sale made as a result of your referral.

Affiliate marketing refers to the agreement between a recommendation and a commission.

Again, resist the urge to give in to greed and accept an affiliate contract from a company that is not directly relevant to your specialty because your target market is less interested in the goods or services. You will never persuade your vegetarian audience to purchase animal-related goods. If you continue like that, you will lose your loyal following.

SPONSORED POSTS

While there are some similarities between this and affiliate marketing, there are also significant differences. You don’t have to rely on commissions received from followers purchasing a product you recommended for sponsored posts. Regardless of whether your referrals result in purchases, you still get compensated for participating.

Through sponsored posts, you can subtly promote a good or service without drawing attention to it. Brands are able to communicate with their target audience, which is obviously comparable to yours given you both work in related niches, without coming across as if they are attempting to sell your audience something.

It is challenging to promote any product because everyone is sick of blatantly intrusive ads. Even you have probably ignored many that appeared while you were going about your business online.

Sponsored posts seamlessly fit in with the material that most people are unlikely to overlook, which causes the audience to relax and consider the product or service. You need not worry about your audience ignoring the ad as long as it complements the content. Simply keep promoting the item while being explicit about the brand is all that is required.

MEDIA LICENSING.

Due to the fact that you have established your brand and have created great material that has received a lot of likes and comments, firms and companies will approach you to request permission to utilize part of your contents for a variety of purposes.

Being the rightful owner of those contents, you negotiate a price with them so that they can access them legally for their own use.

Because you own the copyright to those contents, you can sue anyone who uses them without the required legal authorization and commits plagiarism.

TIKTOK CREATOR FUND.

This is how TikTok is traditionally used to generate income. Users who’ve built up a substantial following might consider making money through the TikTok Creator Fund. Since you are now being paid by the platform for using it, the focus is on FROM rather than ON. However, you are paid in accordance with a defined rule that requires a great deal of persistence, patience, and time to follow.

The following prerequisites must be met in order for TikTok to pay you creator funds:

18 years of age or older.
Not just followers, but at least 10,000 active followers.
Your videos must be unique, not imitated, and must adhere to all TikTok standards while employing the original soundtrack.
You must have gotten at least 100,000 views on your videos in the previous 30 days.

For only 2 to 4 cents, that is a lot of work.

If you’d like to apply to the TikTok Creator Fund, simply follow these steps:

Open the TikTok app.
Go to your account settings.
Click Creator Tools.
Select TikTok Creator Fund and follow the prompts.

SOUND.ME

Videos on TikTok that aren’t lessons often have many soundtracks playing in the background, either original or copies of the original music. Before choosing to download a song from a music app, most users get to hear it for the first time, then a few times in various videos.

Some of those tracks are wholly original or have been altered by a sonic genius. If you are a musician, take advantage of this chance.

To help aspiring and established musicians advertise their songs on TikTok, TikTok established the production and distribution network sound.me.

Your career is boosted and strengthened since you not only get paid for each listens to your song but also see your music go farther than you ever thought possible. I hope you did believe it would go farther than you thought possible though.

All you need to do is create an account on sound.me and start uploading segments of your songs to TikTok using sound.me.

You receive 100% royalties from TikTok in the first year and 90% after that. As a result, you increase your fan base while making money. Cool, huh?

SELL MERCHANDISE.

If you can promote other people’s goods and services, you can certainly promote your own.

You may and should use your account to advertise any service or product you offer as an entrepreneur to your followers.

As a business owner, you are aware that your customers are the primary driver of profit. Even though you can’t please everyone, try your best to offer them adequate and expert services as well as high-quality goods.

If you want to sell more, make sure you deliver excellently so that interested parties will buy from you and support you.

TIKTOK ADS.

What is something that both haunts and is so crucial to our online experiences? Ads!

TikTok uses in-feed advertisements and is used by a large number of brands, businesses, and entrepreneurs both on and off TikTok, just like its predecessors.

Your product will reach more people than simply your followers when you advertise on TikTok. You have a greater possibility of getting patronized since it reaches a bigger audience than you do.

You could either run a sponsor’s products and services or receive your items through TikTok advertisements.

Who knows? Your next follower might just be scrolling through and come looking for you after seeing your ad.

VIRTUAL GIFTS.

I can recall watching a few live streams and quickly becoming disinterested. I remember scrolling up until I found this creator whose content captured and maintained my interest. When I would watch his live feeds, I would see other people sending him digital gifts and even actual money, either as airtime or to his bank account.

It’s not enough to simply go live; what kind of content did your audience find most engaging? How can you use it in your stream without boring your viewers right away?

Other things to consider include:

Choosing the best time based on the availability of your audience.
Your internet connection needs to be reliable.
Use hashtags; they are the common language of the internet.
On your end, be sure there won’t be any interruptions or disturbances.

If you provide entertaining or educative information or material, you can keep your audience interested enough that they will start sending you virtual gifts that you can later exchange for cash and withdraw using PayPal.

LIKES AND COMMENTS.

This should be the simplest way to monetize your TikTok account in Nigeria.

Both the viewers and the creator benefit from this circumstance. While viewers receive compensation, albeit stipends, artists receive traffic that aids in the growth of their accounts.

ASKING FOR DONATIONS/CONTRIBUTIONS.

Your reasons for asking should valid enough for your audience if you expect them to heed your pleas. It could be uncomfortable, but if it’s necessary, then your followers would be more than happy to help. After all your contents have greatly impacted them in ways you can’t ever guess.

ACCOUNT MANAGER.

This is a fun way to make money if you can manage your account together with other accounts on social media. You can do this as a side business and get money from it, whether you’re working for a brand or a TikTok creator.

BUILDING AND SELLING ACCOUNTS.

Similar to how people purchase social media accounts, TikTok is no exception. This is your best chance to make money on TikTok if you have the talent to grow a TikTok account from nothing to a sizable number of followers enough to sell to individuals who don’t have that gift. Many people purchase TikTok accounts for a variety of factors, including grooming to a specific following.

Many people purchase TikTok accounts for a variety of reasons, groomed to a certain fanbase.

VIDEO EDITING.

Typically, before considering this method, you should have been a skilled video editor. Because creators will need your expertise to make their videos look more professional and high quality while you get paid for a job well done.

PROMOTE SONGS.

On TikTok, you can make money without creating your own music by adding a song to your videos and getting it to go viral. Musicians will pay you to use their music in your videos because they understand the potential influence it could have on the number of downloads and tickets sold for their performances.

PARTNER WITH INFLUENCERS OR BRANDS OR BOTH.

You’re familiar with the proverb, “When there are nine millionaires around you, you’re the tenth one”? Or a similar idea. One of the most innovative ways TikTok allows its creators to make money is through its Creator Marketplace. The concept of surrounding oneself with the kind of people you want to develop yourself into. This one gets you money and more followers on TikTok and is equally relevant there.

By collaborating with influencers and brands, you put yourself in a position where many lucrative chances might easily come your way.

Who makes the most money on TikTok?

According to Hopper HQ, here are the highest earners on TikTok in 2022:

Charli D’Amelio, $105,770 per post (147.6 million followers)
Khabane Lame, $92,270 per post (150.2 million followers)
Bella Poarch, $66,829 per post (91.1 million followers)
Addison Rae, $65,194 per post (88.7 million followers)
Will Smith, $53,741 per post (72.1 million followers)

Conclusion: Make Money On Tiktok In Nigeria

In conclusion, the aforementioned strategies can be used to monetize your TikTok videos whether you are a creator or a viewer. An effective strategy and the right tools can help anyone make money on TikTok.

Consider which strategies are best for you if you’re looking to make money on TikTok using the tips above. TikTok users who are most successful make money from sponsorships, fundraising drives, product sales, and working with brands and influencers.

If you enjoyed this guide, check out our tips for 25+ Lucrative Side Hustles in Nigeria to Try in 2023 and How to Make Money Online in Nigeria (2023)