TikTok, with its massive user base, presents a unique opportunity to earn a substantial income in Malaysia. If you’re interested in monetizing your TikTok account and potentially making up to RM10,000 per month, here are five effective strategies to consider:
1. Join the TikTok Creator Fund
The TikTok Creator Fund is a program designed to compensate content creators for their original content on the platform. To become eligible, you must meet these criteria:
- Be at least 18 years old
- Have a minimum of 10,000 followers
- Accumulate at least 10,000 video views in the past 30 days
- Adhere to TikTok’s Community Guidelines and Terms of Service
Once you’ve met these requirements, you can join the fund. Your earnings will be based on various factors, including the number of views, engagement levels, and the quality of your content. Your location, audience, and content category will also influence your earnings. Some Malaysian creators have reported monthly earnings of up to RM5,000 through the fund.
To join the TikTok Creator Fund, follow these steps:
- Go to your profile page.
- Tap on the three dots icon to access the menu.
- Select “Creator Tools” and then tap on “Creator Fund.”
You can also monitor your earnings and access analytics through this section.
2. Sell Your Products or Services
Leverage TikTok to market and sell your own products or services. This can encompass a wide range of offerings, from clothing, accessories, and crafts to books, courses, consulting, and more. Use your TikTok videos to showcase your products or services, explain their benefits, and provide customer testimonials. Additionally, offer discounts and giveaways to engage your audience.
To sell your products or services on TikTok effectively:
- Switch to a business account on TikTok.
- Add a website link and contact details to your profile.
Utilize TikTok Live, TikTok Ads, and TikTok Shopping to drive traffic and sales to your online store or website.
3. Promote Affiliate Products
Participate in affiliate marketing to earn commissions by endorsing products or services from other individuals or companies. Here’s how to get started:
- Join affiliate programs relevant to your niche and audience.
- Share your affiliate links or codes in your TikTok videos or bio.
Whenever someone makes a purchase through your link or uses your code, you’ll receive a commission. Promote affiliate products effectively by creating engaging videos that highlight the products’ features and benefits.
4. Collaborate with Brands
Collaborating with brands allows you to monetize your TikTok account by creating sponsored content. You can charge a fee for producing content for brands or receive complimentary products or services in exchange for reviews or endorsements. To attract brand collaborations:
- Build a substantial and engaged following.
- Maintain a high engagement rate.
- Establish a strong reputation.
Consider creating a media kit that showcases your profile, statistics, niche, audience, rates, and more. Platforms like FameBit, AspireIQ, and Upfluence can also help you find brands interested in TikTok collaborations.
5. Create Your Own Merchandise
Design and sell merchandise featuring your logo, name, slogan, or designs. Products can include clothing, mugs, stickers, posters, and more. Use your TikTok videos to promote your merchandise and direct your followers to your online store or website. Ensure you have a strong personal brand and a dedicated fan base to make this strategy successful.
To create your own merchandise:
- Consider platforms like Teespring, Printful, or Merch by Amazon for designing, producing, and shipping your merchandise without handling inventory.
By implementing these strategies and diversifying your income streams, you can increase your chances of earning up to RM10,000 per month on TikTok in Malaysia. Keep in mind that TikTok’s policies and algorithms may change, so it’s wise to have multiple income sources and enjoy the creative journey.
Remember to have fun and be authentic while creating content on TikTok. Your passion and consistency will resonate with your audience, potentially leading to a loyal fan base and substantial earnings.