How To Make Money On TikTok – Complete Guide
Table of Contents
- 1 Introduction
- 2 How To Make Money On TikTok?
- 3 How Much Do Tiktokers Earn?
- 4 How Many Followers To Make Money On TikTok?
- 5 Does Likes Earn Money On TikTok?
- 6 How To Earn Money On TikTok Live?
- 7 Conclusion
TikTok has gained huge popularity all over the world in just 3 years from it’s inception. The Chinese application has turned a lot of common people into TikTok star in just overnight. You must have heard many people earn money on TikTok by making videos. Are you curious to know how TikTokers make money by just uploading a video. And how much do Tiktokers earn per month/year?
We all know YouTube pay money for uploading videos on YouTube. We just have to enable the ad monetization on YouTube to make money. Unlike YouTube, TikTok does not have any ad sharing model. Then I had to think “how to make money on TikTok?”
Millions of TikTok stars earn money on TikTok by doing live, sponsorship, advertisement and many other methods.
These questions made me curious and I did my own research and eventually found many useful methods that many TikTokers are using to make money.
To became successful on TikTok you need bulk content to upload. I have seen people a million followers in just 7-8 months. The reason behind their success is their consistency and interesting content. The make and upload videos on daily basis. Some people even upload 10+ videos per day to attract lot of views and followers.
- How to Make Money Online during China Coronavirus Outbreak
- How to Make Money on SteemIT – Beginners Guide 2020
- Can I Make Money with Stock Photography – Shutterstock
- How to earn Crypto currencies with your Photographs
How To Make Money On TikTok?
There are many strategies you can use to make money on TikTok. But everything requires effort and consistency. The popular creators has not gained popularity overnight. They had published multiple video content regularly.
TikTok wants you to upload videos on regular basis. If you consistently upload at least 5-10 videos/day then there is a high chance to get organic followers.
You need to understand the latest trends of videos people are making. You must have a good quality video, good music, act, background, and a theme.
In TikTok it’s all about how you grab the attention of the viewers. You can do lot of things to get people’s attention and make them like, comment on your TikTok video and follow.
Let’s understand how TikTokers are earning money regularly.
If you are serious about making money on TikTok, then you must have a good number of followers like more than 500K or like 1 million.
To get millions of followers, you need to come up with interesting video content in bulk. The more video you upload on TikTok, there is a high chance to get popular quickly.
Once you get close to a million followers and views, you may be approached by many famous brands.
You can charge them for promoting their product or services in your TikTok video. You must have seen TikToker wearing expensive brands. The majority of them are sponsored. They charge money for wearing brands and make videos.
The whole idea is, you need to become popular on TikTok with over a million followers and views.
Become An Influencer
If you are good at speaking or teaching or Influencing people TikTok has a dedicated place for you. It has a platform called“Edutok” for Influencers. Here you can share your knowledge, information, creativity or any other skill with people.
I have seen many entrepreneurs, teachers, artists and even doctors sharing making video content on Edutok and selling their services.
If you have spent some time on TikTok, you must have seen many people promoting their product, services or business. Interested people contact them and buy their services. This is one of the smartest ideas to make money on TikTok.
You just need to share valuable information and if people find it useful then they would definitely buy your services.
You can link your Business’s YouTube channel or Instagram page in TikTok, This will help them to get more details and contact options. Otherwise then can also use TikTok’s chat option to contact you.
Providing good service is very very important. If you just try to sell and make make money some how viewers may not approach. Always keep in mind, people buy benefits, not features.
Make Money By Driving Traffic To your Website
TikTok is one of the best platform to drive traffic to your earning source. You can now drive your TikTok traffic to your YouTube and Instagram account.
If you have a website, you can mention it in the bio. Best advise is to Add within your Video by using the Text option. Though it is not a hyperlink but people may type your domain name on the browser to check your website.
Once you start gaining followers and likes, you may notice an increase of audience to your other platform as well.
I personally receive lot of visitors to my website from my friend’s TikTok account.
How Much Do Tiktokers Earn?
This question “How much do Tiktokers earn” has bothered me a lot. Have you ever thought, how much do Tiktokers earn? Well let me answer this.
If you are completely new to the platform then you must have at least close to a million followers.
Once you have a handsome number of followers you will be approached by brands. Without having any celebrity background, you can earn around $100-$500 per million followers.
It also varies country to country. This estimates for Tier 1 countries where people purchasing power is high. In countries like India, brands also see your engagement rate (Like, comment) and pay according to it.
How Many Followers To Make Money On TikTok?
Tiktok is bit different than other platforms. If you have around 10,000 followers on YouTube or Instagram, you can enable the monetization option, but in TikTok it may not even work with 50-100k followers.
You may be required to reach at least 500K-1 million followers to make money. If you reached a million follower then there a high chance that big brands may approach you. You might get paid a good amount for sponsorship.
Be careful when you promote anything through your video. Make sure that the product or service is worth sharing and always go for well-known brands.
If you have your own brand, business, product or services then you can promote it using TikTok Ads.
You must have seen ads when you open the TikTok app.
Before you promote your product make sure that you get a return on ad investment.
Does Likes Earn Money On TikTok?
As I said earlier likes are very helpful to judge your account. It shows the engagement rate in your videos. To get paid a good amount from sponsors or brands, you need to have at least 2-3 million likes.
Likes are just part of a video and doesn’t pay anything. But brands may see the combination of your likes, followers and comments. A good balance in everything may get you opportunities to earn money on TikTok.
How To Earn Money On TikTok Live?
If you want to earn money on TikTok live you have to be very popular with a good number of followers. If you are associated with any brands you can actually make money by promotion too.
Make sure to make Like session interesting. Because There is a option for viewers to send you Coins. You can convert them into diamonds and redeem into real money.
I have a task for you, just google and comment “how much do Tiktokers earn from a Live season”
If you wanna succeed in your TikTok then do something different so people can’t stop watching your videos. You will naturally receive lot of likes, comments, and followers. This will help to gain popularity, attracting brands and getting sponsorship. Ultimately help you to earn money on TikTok
Making collaboration video is also another best way to attract lot of people. You should look for other TikTok creators at your same level and make videos with them. This will mutually help you both to get followers from each other. Once you are popular enough you can also make collaboration video with Brands and this is how TikTokers make money.