How to earn money from TikTok?

How to earn money from TikTok?
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How to earn money from TikTok is one of the most asked questions by newly joined creators. Today social media influencers are earning higher than some do from a job. People are finding a career in becoming social media influencers. TikTok app is one of the highest used apps as per recent studies done in China. China also restricted watch time to 40 minutes a day for kids below 14 years of age. Apart from platforms like YouTube, Instagram, and Facebook, one can earn from TikTok as well, and here we will discuss it in detail.

There are two types of people you will find on TikTok, One is the creator, and the other is the viewer. The creator is the one who creates the content and the audience (viewers) get entertained by it. One video can make you viral and sometimes it may take a number of videos to get known. It is a very popular app in the world right now and one out of seven people in the world is a TikTok user. The lockdown in the world due to COVID makes it a huge success as people are left with lessor options for entertainment.

 

How to make money on TikTok?

Before knowing how to make money on TikTok, let’s first know how it works. You need to have an account on this platform, It can be created easily. After creating an account you need to start uploading videos and gain followers or fans. You can upload videos from your gallery or can make fresh videos as well. After getting some loyal followers you can have three ways to make revenue which are discussed here.

TikTok Live Gifts

Participate in various campaigns and challenges apply trending hashtags in your post and after getting a decent number of followers or fans you can start going live. You need to have 1000 followers to make you eligible for Live. Now you can go live now this Go live on a regular basis interact with your followers, reply to their comments. Getting live will help you in getting followers, the TikTok algorithm is similar to other social media platforms and increases your engagement when you go live. There are various gifts, coins you get from your fan or users which can be converted into diamonds which is its currency. Now you can exchange those diamonds and you can withdraw them in dollars to your Paypal account.

Sponsorships

Depending upon your follower you can get paid for the sponsor’s ads post. An influencer is getting various offers to post about their business or product to various TikTok creators who have a good number of followers, likes, and views on their profile. Businesses and Brands will pay you directly for the sponsored post for their product or service marketing. You can also do it simply for your own business. Advertising your business on TikTok get more customers as it has a huge users base.

TikTok Shopping

Reportedly in may, 2021 TikTok launched its TikTok shopping. This will also change the way of the traditional e-commerce market. You can create your own shop and build your own brand on it. Promoting and selling your products on TikTok will get you, customers, to share your best deals and target the audience of your niche. Offering free cookies to your customers who purchase regularly from your shop will increase your loyal customers.

You can also sell your accounts having the number of followers for funds, Youtubers having a number of subscribers use this technique and earn from it. Affiliate marketing can also be done on TikTok.

 

How much does TikTok pay?

There is no such fixed amount you can earn from here, It depends completely on your commitment and dedication. There are users who are using it for a number of days and haven’t earned a penny. Finance is the backbone of the organization and any company won’t let you know the exact process and strategy of their earnings.

Coins are the currency of TikTok and you can convert those coins into diamonds and those diamonds are then exchanged with dollars. You can check the diamonds and gifts in the Balance sections, It keeps 50 percent as a commission, and the remaining 50 percent will be your fund. there is no such fixed rpm calculator and rate or factors to determine exact earnings. The percentage that it charge commission from the creator is 50. Minimum 30$ can be withdrawn and you can withdraw your fund after 30 days of the months in which the income accrues.

How many followers on TikTok to get paid?

Follow the trending hashtag, engage followers by involving in personal interactions, develop and build a community, create quality content videos that will help you get millions of likes and followers. Understand and follow the guidelines issued by TikTok, be consistent, select specific audiences and niches, manage your post time lot. Selecting a niche in which you have skills will easily get you, followers: You can choose music if you are a musician or a singer, lifestyle, comedy, dance, songs, fashion, and others. there are thousands of niches you can choose for yourself.

Quantity is not guaranteed for earning you can have fewer followers but having loyal followers will make you more money than having millions. The number of followers does not determine or undermine your income. there are examples where creators with fewer followers started generating income than the already established celebrities. Getting the ideas and being selective in the content will generate love and it helps in growing fast.

 

How much do TikTokers make?

There are examples of many successful creators and influencers who are making millions of dollars. Influencers having the highest followers are charging lakhs of dollars for feature posts and images from the companies and brands. There are various opportunities lying out there it will help in building networks, friends, experience, etc. Few people set the record here some influencers from India got famous in no time. These influencers are getting a high amount for promotions and programs and have created their own space.

 

Here is the list of highest- estimated earning global TikTokers 2021

Addison Rae earning more than $5 Million a year
Charli & Dixie D’Amelio earns more than $4.5 Million in a year
Loren Gray earns more than $4 Million in a year
Josh Richards earns more than $2 Million in a year
Michael le earns more than $2 Million in a year

 

Concluding how to earn money from TikTok? Opportunity is everywhere you need to see them, Sky is the limit so don’t limit your thinking. Challenge yourself and convert these tools into your business. Become the best marketers of yourself and your affiliates, break down the rule of money and support your family. Earning income is literally easy in this internet era, make an agreement with yourself don’t allow your emotion to affect your career. Spend a month and think about how you gonna change your life. Don’t depend on your single income, shares your unique potentials with the whole world and you don’t have to be perfect in it.

Also, Read

TikTok gifts list: how to recharge coin

 

 

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