This Is How Much Money You Can Earn On TikTok

How Much Do TikTokers Make?

TikTok is all about the 15-second short videos users can create and share. TikTokers who create interesting content, often including dance and music, usually get the highest engagement. However, TikTok is more than just a dance and music app — there are accounts that focus on a variety of topics, including personal finance.

TikTokers need at least 100,000 followers and at least 100,000 views in the past 30 days to be included in the TikTok Creator Fund, which lets creators monetize their content. Those with over 1 million followers will make the most. The range of how much TikTokers make will vary due to many factors, including localities and views.

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Grow and sell TikTok accounts

Another way to make money on TikTok is by growing and selling TikTok accounts.

This is already popular on Instagram. Instagram users like 23-year-old Ramy Halloun makes $30,000 annually from flipping Instagram accounts.

This strategy can be replicated on TikTok.

To get started, find a niche and start creating interesting content around it. After growing the account to a certain level of followers and engagement, you can reach out to the brands in that industry and sell the TikTok profile to them.

The easiest kinds of accounts to sell are themed accounts. It's harder to sell personal accounts because they cannot be easily replicated by the new owners. With a themed account, you can easily find buyers. The followers of the profile are engaging with the account because of its theme. They might not even notice the change in ownership.

For example, if you create a TikTok account around videos of popular travel destinations and adventures, you can easily sell the profile to any business that offers travel services. You can also do this for other industries like fashion, food, fitness, beauty, etc.

The key is to create an account that has quality content. The more followers and better engagement rate the TikTok account has, the higher the price you can sell it for.

Collect donations

You can make money on TikTok by collecting donations from your viewers on Livestream. TikTok allows creators to earn virtual gifts with monetary value via Livestream.

Here is how it works:

Who can buy coins and gifts?

Every user who is aged 18 or older can purchase gifts and coins from their profile. You can see the prices of the coins and gifts at the point of purchase. Once you have purchased the coins, they'll be credited to your account.

The prices of the coins also vary. You can get 100 coins for $1.39.

There are also different gifts you can purchase. You can use coins to purchase gifts. The most expensive gift is Drama Queen. It cost 5000 coins.

What can users do with gifts?

Gifts are used during a Livestream. TikTok users can offer gifts to their favorite creators to show their appreciation. They can contribute this gift by clicking the “Give Gift” button below the relevant User Content.

What can content creators do with these gifts?

The gifts creators receive from their fans can be converted into diamonds. The creator can withdraw these diamonds in exchange for monetary compensation. The cash will be paid directly into PayPal or any other payment channel (if applicable).

Tip: Your first and last name on your profile must match your PayPal account before you can be paid. Your PayPal account must also be verified.

There’s a catch

Not every TikTok user is eligible to join TikTok's Livestream Program. Selected users are chosen at the discretion of the platform. If you want to qualify for the program, you can do the following:

  • Consistently create quality content
  • Increase your number of followers
  • Increase the engagement rate, likes, comments, and shares you get on your videos.

The Chinese version of the app (Douyin) adds more monetization opportunities to the Livestream Program. Creators can add links to shopping carts on their Live videos. They can also hold auctions and people can buy products from them on Live.

Hopefully, these features will soon be added to the global version of the app.

Here’s Exactly How Much The Top TikTokers Get Paid Yep, Should Have Kept Up Dance Lessons

The top ten most-followed people on TikTok in 2020 are worth over $73,000 per post. Dancer Charli Damelio is sitting pretty at the top with her almost 46 million followers earning her almost £100,000 AUD. I’ve had a good look through the Tik Tok accounts on this list and yeah it’s going to make you wish you stayed in dance too. Or at wished you least lip-synced really well. Or wish you could do whatever the fuck it is that @riyaz.14 does. This post is worth $54,986 AUD actual dollars… BRB is learning ‘Say So’ right now…

How Much Do TikTokers Make? Calculating Tik Tok Earnings

TikTok was the most downloaded in the U.S. last year and currently has more than 500 million active users. 41% of TikTok users were between the ages of 16 and 24. This generation, known as the upper range of Generation Z, is a highly profitable audience that tends to offer high engagement on content across social media. TikTok money calculators allow influencers to calculate estimated earnings from TikTok account activity. How do TikToker’s determine potential earnings? And how much do they make? How do influencers determine their potential earnings from their TikTok accounts? Click here to see how much you can earn on TikTok….

Does TikTok pay creators for videos?

TikTok is launching a $200 million fund to pay creators for their videos.

As TikTok grows, the company is trying to give creators an incentive to remain active on the platform. They don't want to make the same mistake that Vine did. Most Vine creators left the platform in favor of YouTube because they could monetize their YouTube videos. This led to the death of Vine.

The TikTok Creator Fund will directly pay creators for their videos. Although the company doesn’t say how the payments will be made or how much each creator can earn.

What we do know is that you need to consistently post original, engaging videos that follow TikTok guidelines to qualify for the fund. A minimum number of followers is also required. The number isn’t stated either. We will learn more about the fund soon. Creators in the United States can already apply for the fund as of August 2020.

Vanessa Pappas, the general manager of TikTok said this about the fund in a company blog post“Through the TikTok Creator Fund, our creators will be able to realize additional earnings that reflect the time, care, and dedication they put into creatively connecting with an audience that’s inspired by their ideas.”

This fund will be another way for TikTok creators to earn money on the platform.

Understand Your Audience

You need to begin by asking why people would want to follow you. What do you offer that thousands of other accounts don’t? Is it entertainment? Are you a good singer, musician, dancer, or stand-up comedian? Are you so bad at those things that you can make your videos funny? Can you create entertaining prank videos? Can you motivate people or provide them with helpful hints to improve their lives? Or are you merely yet another lip-syncher who doesn’t add any value to your video clips?

This also helps you better know your audience. You’re not making videos for yourself. Nor should you make a wide range of videos trying to keep everybody happy. Successful TikTokers make videos that they know their audience will love. It is much easier to devote your attention to a particular group of people, rather than just making random content.

NEW: Check out the TikTok Hashtag Generator to increase your exposure and grow your following on Tiktok.

How many followers do I need to get paid by TikTok? 

It is estimated that it’s possible to earn 2 to 3 cents per 1,000 views. So, to win 30 euros, we will need our video to have more than one million views. Going viral is one of the ways you can reach that number. You can achieve this by doing an original hashtag challenge.

In September the platform launched The TikTok Creators Fund, for which they allocated a fund of 60 million euros for thousands of creators across Europe. The aim of this project is to reward TikTokers for their talent and creativity with money. The requirements to join are: be over 18 years old, have more than 10.000 followers,  have more than 10.000 views in the last 30 days and publish original content according to the TikTok community standards.

Engage with Your Audience

Don’t forget to interact with your viewers. Make sure that you reply to comments that people leave on your videos. It may seem like hard work to you, but it makes your followers believe you care and take notice of them.

Consider going live at times, interacting with your fans as you stream. Share the parts of your life you are happy to divulge to them. The more they believe they know you, the better they will feel about you and your videos. Performing live music may be challenging, but your fans will love it if you feel comfortable doing that. Otherwise, use your live sessions to discuss topics of interest to your fans, run Q&A session, and possibly have guests on your video.

How much do TikTokers make in 2022?

There are many ways to make money on TikTok (see below), and how you go about monetizing your account will determine your earnings.

Brand partnerships on TikTok can make you upwards of $80,000. That’s right — if you’re a big enough creator (with a large and engaged audience and a track record of success on the platform), you can buy an expensive car with your earnings from one video.

As for the TikTok Creator Fund, you can earn between 2 and 4 cents for every 1,000 views. This means you might expect $20 to $40 after reaching a million views.

Learn more about the TikTok Creator Fund here.

5. Josh Richards: $5 Million

Josh Richards is the only male that makes the list of highest-earning TikTok accounts. Josh posts lip-syncing and dancing shorts for his 25.6 million followers, but he’s also a serial entrepreneur. By the age of 18, he’d created an energy drink company called Ani Energy, co-founded Talent X, a talent management agency, and served as an officer at Triller, a TikTok competitor. He also founded a venture capital firm called Animal Capital and co-hosts the Barstool Sports podcast with Dave Portnoy, founder of the Barstool Sports website.

How much money does tiktok pay for 1 million views?

You’ve probably wondered how much does tiktok pay you for 1 million views. A million views is equivalent to $40 in YouTube cash. But, before you get too excited, you should know that the platform only pays creators a few cents for every 1000 views, so you won’t really be able to live off this amount. Fortunately, there are ways to earn more.

here, you’ll know how much does tiktok pay for 1 million views.  The site will give you around $50 per million views. Moreover, you can also get paid for live performances. now you know how much money does tiktok pay for 1 million views.

There are two ways to earn from TikTok. One way is to sign up for the Creator’s Fund. This is an opportunity that pays creators for every thousand views they get. This fund provides a steady income, so an influential video creator with millions of followers could earn anywhere from $20,000 to $300,000 annually. However, the amount of money you can earn from TikTok depends on your level of popularity and your skill.

How do you get paid on TikTok? 10 strategies to follow

Making money on TikTok is attainable, but it takes strategy. You can’t just create content and expect a magical direct deposit. To make money on TikTok, you have to work at growing your audience and earning sponsorships. 

Not sure where to start? Here are our top strategies for making money on TikTok: 

Find a niche for your videos

Making money on TikTok starts with choosing a niche. Your TikTok niche is essentially the corner of TikTok where you fit in best. It defines the theme of your content and who you are creating content for. 

Choosing a niche will help you get more followers. When viewers see a video they like, they might visit your profile. If it’s filled with content relevant to their interests (AKA elements of your niche), then they’ll probably click the follow button to make sure they’ll see your content again. 

Choosing a niche narrows your target market. As a result, you’ll face less competition. If your audience is filled with niche users, you’ll likely have higher engagement rates on your content. It will also help you understand what resonates with your audience; if something doesn’t fall into your niche and performs poorly, you know to pivot in future videos. 

Higher engagement rates help you get more money from brand deals.  

Lean on TikTok’s Creator Marketplace

The TikTok Creator Marketplace is a collaboration platform that connects brands and creators on TikTok. Once you have 100,000 followers, you can apply to the TikTok Creator Marketplace and get the opportunity to connect with brands and sponsorship opportunities. You’ll also get official support from TikTok on brand campaigns, access to collaboration tools, and pointers for how to create advertiser-friendly content. 

When you join the TikTok Creator Marketplace, you create a profile where brands can see your analytics. Whenever a brand is interested in working with you, you’ll get a notification with campaign details and a contract to sign. After that, you’ll submit your video to make sure it meets the guidelines. 

Land brand partnerships 

Brand partnerships are a great way to make money on TikTok, and you can get them even if you aren’t part of the TikTok Creator Marketplace. 

The first step to getting brand partnerships on TikTok is building your following. Here are some ways to do that: 

  • Define your niche
  • Interact with other TikTokers in your niche
  • Engage with your followers
  • Post on a consistent schedule– at least twice per day around the same times
  • Use trending music and hashtags
  • Check your analytics often

Try to include some brand-favorite content types in your posts. These include product reviews, hacks, how-tos, etc. You’ll also want to build a presence on other platforms (especially Instagram). Having an audience across multiple platforms makes you more competitive.

Make sure brands can contact you easily by clicking on your TikTok profile. You’ll want to link your other social media handles and include your business email address. Additionally, you can include a message to brands in your bio saying you are open to sponsorships. This message will take up space in your bio that could be used for keywords, though, so you might want to test both options for a month each and compare the analytics and opportunities you get during those two time periods. 

Once you’ve got all this setup, you can start emailing brands in your niche. Say you’re interested in a brand partnership and share an example of what you could do for them in the email.

When you start posting brand deals on TIkTok, make sure you use the branded content toggle. This shows your audience the post is sponsored. It’s a way to build trust with your audience, as they know you are not trying to hide your sponsorship. 

Try micro-influencing

You don’t have to have oodles of followers to make money on TikTok. On TikTok, creators with 50,000-150,000 followers are considered micro-influencers. The term micro-influencers describes users with a smaller following who often specialize in a specific niche. TikTok influencers with less than 50,000 followers are considered nano-influencers. 

Many brands actually prefer micro-influencers to bigger creators, as the rates are more budget-friendly and micro-influencer engagement rates tend to be higher. 

To be a successful micro or nano influencer, focus on creating niche content and raising your engagement rate. Contact brands that align closely with your niche. Make sure to sell yourself in the email. Show brands why they should choose to work with you. 

Stay in touch with followers 

Engaging with your community is essential to growing your audience on TikTok. When you see another post in your niche, comment on it. Duet your followers to show that you care about them. Respond to comments to show that you appreciate the engagement, and make sure your comments have a personal touch. Create lasting relationships with your most loyal followers. All of these steps are crucial to creating the engaged, growing audience you need to make money on TikTok. 

Don’t just post ad content 

This isn’t a podcast or a long YouTube video. TikTok videos are short. You don’t really have enough time to mention a product without it being the main focus of the post. Once you start getting brand deals often, choose your ideal ratio of branded content to regular content and stick with it. This might take a little trial and error. If you post a lot of brand deals in a given time period and your analytics take a dip, it might be time to sprinkle in more regular content.

Promote your own services and goods in a fun way

TikTok is a never-ending supply of ideas for promoting your goods and services in an entertaining way. See a new trend? Work your products into that trend. Share how-to videos, style guides, and storytimes that relate to what you are selling.

Go native

Your branded content doesn’t have to look like an ad. As long as you fulfill the brand’s expectations and disclose that the video is sponsored, you can include the products in your video however you want. Here’s a great example of a non-sponsored TikTok that took the world by storm.

Ocean Spray’s non-sponsored feature in the video led to lots of positive press and word of mouth, launching meme after meme. After all, brand awareness is an always-valuable marketing metric to follow.

Apply to TikTok’s Creator Fund

The TikTok Creator Fund is TikTok’s way of compensating creators for posting good content. To be eligible for the TikTok Creator Fund, you have to be a legal resident of the United States, 18 years or older, have over 10,000 authentic followers, at least 100,000 authentic video views in the 30 days prior to applying, and post original content that meets TikTok’s community guidelines.  

Compensation varies from creator to creator, depending on your video views, engagement, and whether or not your videos meet the community guidelines.

Make a press kit

Creating an influencer press kit will help you get brand deals. Think of a press kit as your TikTok resume, portfolio, and sales pitch combined. It shows brands why they should work with you and how they can contact you. 

When creating your press kit, include the following:

  • An introduction to who you are and what your brand is all about
  • Links to your social media platforms 
  • Your latest analytics 
  • Engagement rates for your 10 most recent posts
  • A list of past brand partnership experiences, with links 
  • Sponsorship formats you offer, along with your rates
  • Case studies on your most popular content
  • Sales records from campaigns, merch, and affiliate programs

How to make money on TikTok — wrapping up

Making money on TikTok is an attainable goal. Following the tips above will help you reach that goal. To summarize how to monetize TikTok, you can join the Creator Fund, post sponsored content, and sell products to your audience. 

The fastest way to grow your audience is to choose a niche and post authentic content targeted toward meeting the wants and needs of your audience. Those wants and needs include being entertained, so prioritize getting creative with your content. Keep up with trending sounds and put your own spin on them. Use relevant hashtags and engage with your audience. 

If you do all of that and post on a consistent basis, you’ll be on your way to making money on TikTok in no time. 

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