TikTok is currently one of the most vibrant social media outlets. In addition to the influencers that everyone knows, various internationally popular actors, athletes, musicians and even well-known companies and brands, such as the airline Ryanair, can be spotted there, showering their followers with hilarious content.
But have you wondered why they do this? Obviously, it's not just for marketing, but also because they make extra money from it. So, how to make money on TikTok? If you're interested in earning money this way, you've come to the right place!
Make money on TikTok by doing simple steps
No matter how advanced you are - from a beginner TikToker, to someone with a million followers, you can choose an earning strategy that suits your level. The platform really has a lot of opportunities to earn, and here are the examples how can you do it:
How many views on TikTok to make money?
If you’re wondering how many views to make money on TikTok, here’s your answer. To get money from the creator found, which is exactly getting paid for the views, you need to be at least 18 years old, then, reach 10,000 followers and also achieve at least 100,000 views on your videos in the 30-day period of time.
Earning from live broadcasts
This application has a TikTok LIVE function. It is activated automatically for those over 16 who have reached 1,000 followers (which, although it may seem difficult, is not so at all!). Adult users, on the other hand, can activate the option to earn through gifts.
That's right - gifts. They are the key to earning money here. During the live broadcast, our viewers can give us gifts of varying values of TikTok coins. Collecting 100 coins is as much as $1.29! The payout threshold is $100, so don't delay and start your first broadcast today!
Earning gifts from your comment section
This option activates once you hit the number of 10,000 followers and are upon 18 years old. When you meet both conditions, your followers can send you monetized gifts through the comment section!
Paid promotion of products and services
Promoting products is probably the most popular way of earning money, not only among TikTokers, but also all other influencers and even normal celebrities. While it may seem schematic and clichéd, it's not like that at all! Advertising products by the online creators take on all sorts of forms, but they are usually geared towards making the viewer not feel as if they are watching an advert. It is all about weaving what we are advertising into our content in a creative way that is pleasing to those watching. Moving on to remuneration, this can vary. For small creators, it can start with - for example - receiving free samples or products in exchange for advertising, while for TikTokers with a large fan base, it is almost always straightforward monetary remuneration, ranging from a few hundred to even a few thousand dollars.
Remember, as your reach increases, so does your possible salary!
Create an account on Patreon
Well, it's not a direct income from TikTok itself, but as you've probably already noticed, many creators link their Patreon site to other social media, where fans can directly support them financially. This service is popular with creators because it charges much lower commissions than TikTok.
Social media marketing
Who said you have to make money directly from the TikTok app itself? If you don't want to be the proverbial face of your TikToks, but are still interested in working in these spheres of social media, you should be interested in providing this type of service to larger companies and even small entrepreneurs. It's quite simple - if a company accepts an offer, get to know what they do and start creating content based on the themes of their business. It's a great option for young people and freelancers!
How many followers on TikTok to make money?
Well, again, this is a topic for discussion. As we all know, the more followers we have the better our reach will be, and therefore the better the money we make will be too. However, is there a magic threshold as to whether we are already capable of making money?
Of course not! It is better to offer collaborations and sign up for various advertising assignments if you already have at least a few thousand followers, but many brands or agencies even welcome small creators, giving them the chance to spread their wings early on.
How much money are famous TikTokers earning?
Now that you're more or less familiar with the ways of earning money on TikTok, you're probably also wondering how much money can be earned in this sector. Here's a list of the most paid TikTok influencers in the world and their estimated annual earnings.
- Charli D’Amelio - $17,5 million
- Dixie D’Amelio - $10 million
- Addison Rae - $8,5 million
- Bella Poarch - $5 million
- Kris Collins - $4,75 million
How to start making money on TikTok?
First of all, start by creating an account on TikTok, or if you already have one, start posting content that will lure as many new followers as possible. If you are curious how to do this, see our article on how to become an influencer!
If you don't want to wait for the number of followers to make it easier for you to monetize with a creator found, for example, start looking for brands that offer partnerships for accounts with a small number of fans. You might be surprised how many popular brands will give you a chance!