TikTok is a short video sharing platform that has taken the internet by storm recently.
On the social media giant, users can share short-form videos that span from fifteen seconds to three minutes.
To use Tik Tok, content creators often use their smartphones to create and share popular short videos that include dancing, comedy, and education, and more.
This has opened up opportunities for businesses to collaborate with content creators in money making ventures for both parties.
Brands, mostly, do this to transform their brands and reach out and engage with customers.
But this is not the only way that useers have been making money on the social platform. Below are some great ways where content creators are making money on Tik Tok.
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TikTok Creator Fund
Here, creators earn from highly engaging and viewed videos on TikTok. Basically, creators are rewarded for the number of views they get.
To participate in TikTok’s creator fund scheme you will need to be 18 years of age or older, be a legal resident of one of the 50 states; meet a minimum following threshold of 10,0000 authentic followers; have at least 100,000 authentic video views in the last 30 days; and post original videos in line with TikTok’s community guideline.
Sell Merchandise on TikTok
As part of your influencer marketing strategy, you can use your platform to sell artistic works, t-shirts, clothing lines, memorabilia, and other merchandise to your followers.
Create Sponsored Content
Here brands partner with influencers to promote products and services to influencer followers and more.
Money from TikTok Ads
This is available in TikTok for business using in-feed video ads, branded Hashtags and brand takeovers. Others are and branded effects to help you capture some good ad revenues.
Virtual Gifts
TikTok users can purchase gifts and coins from their profiles. They can then gift their virtual gifts and coin payments to their favorite TikTok creators during live TikTok videos where creators in return can then cash them in and get real money.
Grow and Sell TikTok Accounts
This is also another lucrative business you can do on TikTok by growing accounts and selling them once they get good following.
Place affiliate links
As a user, you can place links in post descriptions and bio to sell different products online.
Become a brand ambassador
Another way to make money is by working as a brand ambassador.
Brands can use you to boost their presence on social media, spread positive messages about them, and influence consumer sales.
TikTok Creator Marketplace
You can join TikTok’s Creator Marketplace to work with sponsors and brands and all you have to is mention their product or service in your videos.
To use this, one MUST have at least a hundred thousand followers.
TikTok’s Creator Marketplace comes with an analytics tool for businesses that helps them identify your engagement reach, views, and demographics.
BONUS
How many views do you need to get paid by TikTok?
To begin with, you must be 18 years and above to be paid directly by TikTok.
Then, you MUST have at least 10,000 followers, with minimum accumulated views at 100,000 within 30 days.
How much money do TikTokers make?
The amount of money TikTokers make will vary due to many factors.
This include regions, million followers together with total number of view.
But creators who make videos that include dance and music often get the highest engagement and revenues.
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