TikTok popularly renowned for trendy and viral videos has become a means of earning livelihood for most social media users.
TikTok has provided content creators with an opportunity to monetize their videos which has seen brands engaging with their customers from the short videos.
In order for one to be eligible in using TikTok, one has to be; 18 years or older.
How to get verified on TikTok
- Find your content niche and keep producing.
- Get featured in the media.
- Become verified on another social media platform.
- Go viral
- Follow the rules.
How To Make Money on TikTok
We have listed down some of the top 5 ways where content creators on TikTok can easily make money.
1. Get Paid by views
In case one has attained as much as 100,000 views in their videos in the last 30 days. Well, Tik Tok pays around 2 and 4 cents per 1000 views on a Tik Tok video. While viral clips garner up to millions of views. Hence a TikTok video with a million views earns around 20$ to 40$.
Once TikTok users meet the baseline of up to 10,000 followers, they can apply for TikTok creator fund through the app. The resource is a pool of money that TikTok distributes between everyone in the creator fund.
2. Live Streaming
Live streaming on TikTok is the most popular way to make money on TikTok right now, especially because there’s no opportunity to include ads in their content.
This is because TikTok users can buy coins with their real money, and then use these coins to tip live streaming content creators for being live.
Once you meet the threshold required to go live, users can gift you stuff when you’re live. You can thereafter redeem the gifts as cash through PayPal.
3. Promoting Your Own Products
Because there’s little room for influencers to promote other brands on TikTok right now, one of the best ways to earn money on TikTok is to promote your own brand or product.
Of course, this requires you to grow a pretty substantial following first, but once you’ve done so, there’s no reason why you can’t promote your own brand.
This is a suitable method if you have your own product or business you wish to promote. You can add to your videos promotions of the personal items you sell or services you offer.
4. Promote a music
Perhaps the most popular way of getting money is through the promoting of songs in videos. Music marketers and record labels regularly pay TikTok users to post on the app in an attempt to boost the songs interaction amongst people.
5. Get paid to promote a product – Brand partnerships
Many products and businesses have an affiliate program, which is when you get paid if someone buys a product from your personal affiliate link.
Through brand partnership, you reach people and brands. You will either see them approach you, or you can approach them. Here you will play the role of an ‘Influencer’ in promoting their products, campaigns or services.