How to make money with Tiktok?

TIK TOK

Social network

The great popularity of TikTok as a social network continues to increase and since the beginning of 2020, it is normal for more users to wonder how to make money with TikTok or how much TikTok pays. Luckily, there are several ways to generate profits with this application.

TikTok quickly became one of the most important social networks. In fact, according to the We Are Social annual report, it was the most downloaded application of 2021. With these statistics, the Chinese social network created by ByteDance seems ever closer to dethroning its main competitors: Facebook and Instagram.

Considering that your average user spends around 19.6 hours a month on it, it seems like a good time to ask yourself how to earn money on TikTok. That is, can you generate income with this video application?

There are different ways and this article will present each of them. But first, you will know how much a user can earn through TikTok.

How much does Tiktok pay in many countries?

If you are looking for extra income or if you want to make this a way of life, it is important to be clear about how much TikTok pays in each case. The first thing to know is that the amount depends on the activity you develop. A successful business, an influencer and a common user have different earnings, which also vary according to multiple factors (for example, their popularity in the application). In each of these profiles, how much TikTok pays varies.

It is also necessary to clarify that not all functions to earn money on TikTok are available worldwide; therefore, depending on the country where each user is located, the possibilities may vary.

So how much does TikTok pay? To give you an estimate, look at the example of Preston Seo, a personal finance influencer who, according to Business Insider, earned $1,664 from the Creator Fund between January and May 2021.

You see that when asked how to make money on TikTok, there are many possibilities: if you had not heard of the Creators Fund, this is one of the ways!

You will know exactly how to earn money on TikTok. It doesn’t matter if you are a beginner or an active user of the platform.

How to make money on Tiktok? The Best Ways to Do It

The way TikTok’s algorithm is designed, every user has a chance to be seen. From there, it depends on the quality of the content and the preferences of each one that reaches a larger audience.

Learn five ways to start making money with

 

  • Promote a business or project
  • Join the Creators Fund
  • Get sponsorships or do live broadcasts
  • Watch videos or invite friends
  • Give classes and online courses

Listen to the one that best suits you and remember that the more successful you are on the platform, the more opportunities you will have to generate income.

Promote A Business Or Project

As of February 2020, TikTok allows its users to include links in their profiles. This functionality is ideal for those who have an online store and see this social network as an opportunity to drive traffic to their website.

While TikTok became popular as an app for creating and sharing funny videos, over time it also became a great platform for promoting products and services. All this thanks to its multiple functions that facilitate the creation of original and spontaneous videos that connect with the youngest audience.

If what you are looking for is to earn money and expand your business, grow your audience and include a link in the biography that derives all that traffic to your store is the option for you. In addition, this option is available worldwide, so you only need to have your website active to start generating profits.

Join The Fund For Creators

If creating content is your thing, you have to know about the Tik Tok Creator Funda, an initiative that allows the most popular users to earn money directly with the platform. This was created with the intention of facilitating monetary opportunities for those who make the network grow with their content.

The fund started with a figure of 200 million dollars; it was later expanded to one billion for the United States and twice that amount for creators in the rest of the world.

Which are the requirements? To participate it is necessary to have a minimum of 10,000 followers and 100,000 visits, in the last 30 days. And, most importantly, live in one of the countries where the fund is available, such as the United States and all of Europe.

As you can see, when asked how to earn money on TikTok, if you meet the requirements, this modality hits the spot!

Get Sponsorships Or Go Live Streaming

You can earn money on TikTok through sponsors or sponsors, in addition to live broadcasts.

Those who already have a significant following and views can engage directly with brands and create content to promote their products. In this way, through an agreement they can determine how much TikTok pays. For influencer marketing, brands generally take into account the popularity of the user, the engagement ratio: the sum of Likes, Comments and other interactions; divided by the number of views and the interests of the followers of the profile. According to the strategy of each company, they can look for influencers with a large audience or go for niche micro influencers.

With this in mind and with the idea of ​​serving as a bridge to connect brands and creators, the platform created the Tik Tok Creator Marketplace, a showcase window for creators that also allows advertisers to find the perfect influencer for their brand based on on your own stats.

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