How do You Make Money on TikTok?

How do You Make Money on TikTok?

How to Make More Money with TikTok Videos

Now that you know some of the ways you can make some serious bank with TikTok here are some tips on how to make more money with TikTok videos.

Create, create: Your success will rely on your ability to upload consistent content regularly. You will need to continuously create compelling content for your followers to continue to like, share and encourage others to start following you.

Nurture a huge following: Just like other social networks, the secret to your success lies in how many followers you are able to garner. You will need to get as many followers as possible, and this requires that you regularly upload videos. The more followers you have would mean the more influence you will have on TikTok.

Engage with your audience: As a TikTok influencer besides generating the content, you will also need to actively interact with your followers. This means you will need to listen to them, produce content they seek, answer queries and produce live streams.

Promote your content on other social media platforms: You can help improve your chances of discoverability and engagement by opting to promote your TikTok channel on other platforms such as Instagram, Facebook, or YouTube.

See Also: Checklist: How to Start a Business with No Money

Look to create multiple income streams from your account: To really generate some good income look towards expanding the revenue streams available to you. This will not only help you diversify your income but also increase your network and opportunities to make more money.

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How Much Money Do TikTokers Make? 

It can be hard to tell exactly how much money TikTokers make. Much of their earnings depend on where they live and where their followers live. Unlike Youtube, TikTok doesn’t pay their creators from advertisements. Yet still, content creators who have about 100,000 followers or more can get paid $200 to $1,000 a month. Creators who have 1 million or more followers can get paid $1,000 to $5,000+ a month. But those who are under 1 million followers are usually not making any money at all. 

When it comes to how much viral TikTokers make, researchers say that TikTok stars could make up to $1M per post. Some of TikTok’s most successful users are based in the USA, with Addison Rae, Charli D’Amelio, and Dixie D’Amelio taking the top spots. 

Conclusion

TikTok is one of the fastest-growing social media platforms in the world. There are a ton of opportunities for making money on TikTok. From sponsored posts to selling your own merchandise on the platform. The key is to consistently create quality content that your followers will love and engage with.

This guide should help you get started with monetizing your videos on the platform.

Here’s How Much You Can Make From Being Famous on TikTok

There are people out making careers from posting viral videos and pictures on TikTok. Influencers on Instagram, Snapchat, and Twitter can charge up to six figures per post. The lipsyncing app TikTok has become more popular than Vine and Vine. Click here to find out how TikTok “celebrities” make money on the lip-syncing app and how it costs $1,000 to make money through their videos and photos. If you are ever tired of your desk job, making internet fame is not as crazy as it may seem, but it just might be lucrative. Read on how you can be famous online by posting videos or photos….

What is TikTok?

Young adults are the most frequent users of TikTok. Brands even realize that they can use TikTok as a way to advertise. Like many social media apps, there are influencers and popular creators, otherwise known as ‘TikTokers’ These TikTokers may be young, but they make much more than your everyday teenager. There are many online calculators that calculate TikTok estimated earnings from popular creators’ accounts. The short answer is – outside of the app, TikTok is a great place to post content and post videos of themselves dancing, lip-syncing, doing comedy, and performing music. The app is the most downloaded app in the U.S. in 2020….

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.

How much do tiktokers make?(TikTok Influencers)

but, how much do tiktokers make? Unlike YouTube stars, TikTok creators don’t have to be on the top of the list to make big money. Some of these popular creators are earning anywhere from $20,000 to $50,000 a year from sponsored posts. Others are earning anywhere from $10,000 to $100,000 a month from sponsored posts.

One of the best ways to make money on TikTok is by creating content. Some popular TikTokers earn money by hosting meet-and-greets with their followers. Charli D’Amelio charged $100 per meet-and-greet and donated the money to charity. This way, she was able to increase her personal brand and attract more followers. However, not all TikTokers can make this kind of money.

Getting paid for your videos is one way to get a steady flow of income. Many TikTokers earn up to $5 million per year. The first step is to create a media kit and start pitching brands. Then, you can reach out to advertisers and earn money. By the end of your first month, you could be earning thousands of dollars every month. Another route is to promote merchandise or services that you are familiar with.

Some of these creators have also become successful by offering advice and expertise on products and services.

While it’s impossible to pin down the exact amount of money a TikToker makes, the numbers are still useful in evaluating their worth. Those with a million followers can expect to earn anywhere from $450 to $250,000 per month from sponsored ads. It’s possible for a TikToker to make a few hundred thousand dollars a month.

A popular TikToker can earn anywhere between $2,000 and $20,000 per post. Most TikTokers only make a few hundred dollars a month. The majority of their money comes from sponsored posts and brand deals. The first 100 million-follower on the app is Charli D’Amelio. She makes about $2,500 per post. However, Other popular TikTok stars ask their fans to donate.

Some TikTok influencers are incredibly popular on the site. With so many users, it’s easy to see why people are so excited about TikTok. While it’s not possible to earn big on the platform, it’s possible to earn significant amounts off of it. The FTC has rules regarding this matter.

It’s important to stick to your niche and keep it fresh. In order to have a large audience, you should post consistently.

This can range from a few cents per post to a few hundred dollars a day.

Become a TikTok consultant

If you are an expert on TikTok, there are a ton of brands and even individuals that would pay for your services.

If you know how to get thousands, even millions of views on your videos, you can teach others how to do the same for a consulting fee. Influencers can also offer consulting services. It's a good way to leverage your expertise and also diversify your income.

A good example of a TikTok consultant is Sean Young. He calls himself a professional TikTok consultant. He makes $10,000 a month advising celebrities and businesses on the best kind of content for their brands.

There's money to be made. So, if you really understand the platform and have a track record for creating viral videos with high engagement rates, you should start teaching others how to do so.

Can You Make A Living on TikTok?

Yes, you can make a fairly good living by being a TikTok star.

It is a great platform for newer creators, as it’s easier to go viral on a TikTok account rather than in other social media accounts.

But do remember that the only way you are going to make money on TikTok is through gaining more followers.

With enough followers, you can easily become rich if you post daily.

The number of followers you have defines your potential earnings.

That’s why it’s important to grow your audience.

And the best way to do so is with a TikTok Growth Service .

About the Author

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.

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 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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