TikTok has literally become a major player on the social media landscape.
It was originally an app that was designed to be fun for children to an app that is used today by everyone in the globe by hundreds of millions. Zhang Yiming, a 38-year-old software engineer from China who was the founder of the company that owns the app, ByteDance.
He changed the name in the name of Douyin to be used in China in December of 2016.
In the nick of time, TikTok (formerly musical.ly) was a huge success worldwide. There are approximately six million daily TikTok users in the present which makes TikTok one of the largest social media platforms. Buy TikTok followers Uk for making a great buzz of you.
Today, TikTok US has been awarded the sum of $1 billion in the Creator Fund and has a worth of more than $50 billion, you’d be inclined to believe that making contents using TikTok is no anymore a laughing matter.
There is a fantastic opportunity to earn lots of cash online using TikTok.
You don’t have to be a professional marketer or possess a specific level of technical expertise also. Making money with the video-sharing platform is easier.
You can make live video streams for a large audience, and encourage viewers to give and earn money through sponsorships with well-known brands. Also, you can advertise your product or brand.
How to Make Money on TikTok.
Let’s discuss the best ways to earn money on TikTok in greater detail. Be aware that the amount you earn is contingent on many factors which I’ll go over in the following paragraphs.
1. Get Paid Through TikTok’s Creator Fund.
TikTok Creator Fund is TikTok’s method of rewarding and promoting the most innovative creators who use their platform. It’s the latest step taken of the application to make it a preferred platform for user-generated content.
As with similar platforms TikTok Creator Fund doesn’t depend on the model of advertising. The amount you receive grows with the content and channel you use. It is also influenced by factors such as views from real accounts, the geographical location that your audience is located, as well as much more.
Additionally, since the engagement of content on TikTok is constantly changing day-to-day the funds you have will change on a daily basis.
You must satisfy some conditions to join the program, such as:
• You must be 18 years old or older.
• You must have at least 10K genuine followers.
• Get at least 100K genuine video views in the past 30 days.
• Based in the U.S., UK, Germany, Italy, France, and Spain.
• You must post original content that conforms to the guidelines of TikTok’s community..
Additionally, you will require an Pro account to be able to apply to this program. Creators Fund application. You are able to apply to the program by going to the settings of your account and clicking at the Pro Account option and finally “TikTok Creator Fund.” If you were to receive a cash payout the amount would be displayed on the creator fund dashboard roughly 3 days following the date the views accumulate. Use bestfollowers for buying Twitter followers.
You can also transfer money ($10 at a minimum) into PayPal or Zelle within 30 days after the end of the month. But, for all the debate about the program, it does not aid in making TikTokers a good amount of money.
For example, Anika, a TikTok creator with more than 6 million views and one million followers, was capable of generating around $200 in the span of five months or about. TikTok Creator Fund TikTok Creator Fund can allow you to earn enough to buy Christmas presents like the money-making apps however it’s not will be enough to pay off your student loan. It doesn’t mean that you won’t earn a lot of money via TikTok. You most definitely can. You can collaborate with sponsors, advertise brands, receive virtual presents and more. This leads us to the next step.
2. Receive Donations for Your Live Streams.
One of the ways to earn money with Tiktok is by accepting donations from your viewers/followers. It is similar to Twitch in that your followers contribute cash to help you pay for their live streams.
As creators, you can enable Live Givingwhile stream live on TikTok to be the rewards in real time and redeem your prizes via PayPal.
There’s a subtle twist here however.
As opposed to cash TikTok provides a range of coins in the appthat users can purchase prior to gifting them to their most loved celebrities.
The coins can be found inside the Settings >Balance Recharge tab.
Following that, you must swap the coins into virtual rewards.
Each reward comes with many exciting choices. They also come with different value and require different amounts of coins.
Here’s an overview of the rewards you can earn as a reward for using in-app currency:
Only those aged 18, (or an age that is the majority of your state) or older are eligible to send or collect these rewards.
Viewers can also make stickers directly to the live stream, without having to purchase the coins.