With the great popularity of this social network, which continues to increase since the beginning of 2020, it is normal that every day more users 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 annual report of , 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.
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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 several ways and in this article we will present each of them. But first, let’s see how much a user can earn through TikTok.
How much does TikTok pay in Argentina?
Whether 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, a user 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 important to note that not all TikTok earning features 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, we bring you the example of Preston Seo, a personal finance influencer who, according to Business Insider, earned $1,664 from the Creators Fund between January and May 2021.
You see that when asked how to earn money on TikTok, there are many possibilities: if you had not heard of the Creators Fund, this is one of the ways that we are going to tell you about next!
It doesn’t matter if you are a beginner or an active user of the platform. If you came here wondering and it is one of your favorite networks, you are in the right place. We are going to see specifically how to earn money on TikTok.
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.
Here are 5 ways to start making money with TikTok:
- 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
Choose 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.
1. Promote a business or project
We begin this list of how to earn money on TikTok by giving you a piece of information that, if you didn’t have it, you’re going to love it!
Since 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 .
While TikTok became popular as an app for creating and sharing funny videos, over time it also became a great platform for 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.
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In addition, this option is available worldwide, so you only need to have your website active to start generating profits.
đź’ˇIf you are looking for ideas to create your own business, don’t stop reading: .
2. Join the Creators Fund
If creating content is your thing, you have to know about , an initiative that allows the most popular users to earn money directly with the platform.
This was created in order to provide monetary opportunities to those who make the network grow with their content. This was explained by the representatives of the application in a statement:
To further support our creators, we’re launching the TikTok Creator Fund to encourage those who dream to use their voices and creativity to fuel inspiring careers.
TikTok
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 (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!
đź’ˇIf you already generate content for social media and are looking to take it to another level, we bring you this article with tools to create the best posts:
3. Get sponsorships or do live broadcasts
You can earn money on TikTok through sponsors or sponsors, in addition to lives or live broadcasts.
Those who already have a significant number of followers and views can directly engage 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 (they look for what they want). these fit with yours).
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 .
Another showcase window for creators that also allows advertisers to find the perfect influencer for their brand based on their own statistics.
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For creators who already have a large audience, there is the option of doing lives or live broadcasts. Through this feature, TikTok allows influencers to monetize their presence on the platform through virtual gifts from their followers.
Users can purchase coins and, during these live streams, redeem them for gifts for their favorite creators as a thank you for their content.
These gifts later become diamonds that each creator can withdraw in exchange for monetary compensation.
The function of broadcasting lives and receiving gifts is available to all users with more than 1,000 followers on the platform. However, it is not active in all regions. In Argentina, for example, this option is not currently unlocked.
4. Watch videos or invite friends
If you thought that earning money with TikTok was only possible as an influencer, you still have a lot to learn about how to earn money on TikTok! TikTok Bonus features allow you to generate income by inviting friends or watching several minutes of video per day.
Does TikTok pay to watch videos? Yes, whenever available, TikTok Bonus allows you to earn daily coins for watching up to 25 minutes of video per day.
These can then be redeemed for real money and sent to or from a bank account.
The same happens with the points that are earned with each new user who downloads the application and joins the platform from a referral code.
It was available in Argentina, but currently it works only in Mexico and some European countries.
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5. Give classes and online courses
Teaching others how to improve their content through classes or tutorials is another very popular way to earn money with this app. If you are already an expert in TikTok, you can even use your knowledge and experience for or consultancies.
You can, for example, share knowledge in editing, lighting or video, or offer advisory services to brands that are just starting to use this social network.
How to earn money on TikTok in 5 steps
Having an account with many views and interactions is the first step to be able to earn income from this platform. For this reason, we share some tips with which success will not be long in coming.
- Spend time on your profile, from the photo to the biography.
- I followed the trends of the moment. Join the challenges, use the most popular hashtags.
- Keep your account up to date and be active in your community.
- Take care of the technical details. Correctly use lighting, effects and transitions.
- Create unique content. The key is to make videos that stand out for their originality.
Conclusions
Now that you know everything about how to make money with TikTok, it’s time to try the different options and choose the one that best suits your profile.
Whether you are a new user of the platform or a professional tiktoker, there are multiple ways, the important thing is to be patient and invest the necessary time to create quality content so that your profile is successful.
However, it is important to clarify that in cases where you seek to monetize directly from the platform, it can become complex since there is no public earnings table with which to project how much could be obtained. This is why the question of how much TikTok pays is quite subject to each particular case.
If you are still wondering how to make money with TikTok and with all your network profiles, make quality content, and drive all the traffic to your sales website. You have 30 days free with Tiendanube.
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