Three Keys for tiktokers to make money on TikTok

Three Keys for tiktokers to make money on TikTok

One of the essential social networks of the moment is TikTok, which has achieved incredible results quickly. A simple operating system that allows users to share short videos and edit them has managed to capture a broad audience where 32% ranges between 20 and 24 years old. Therefore, it is worth knowing how to make money on TikTok.

In 2019 alone, it was positioned as the fourth most popular free app within Apple’s App Store, reaching approximately 141 countries and leaving a value of $75 billion so far.

The TikTok app allows you to create, edit and upload video selfies with a maximum length of one minute. To these videos, you can apply various effects, music, and filters fast and straightforwardly.

One of the advantages of earning money with TikTok compared to other platforms is that it creates a greater reach of visualizations for its users thanks to its algorithms. These randomly place content in large hashtags networks allowing profiles to highlight their range and put them on-trend without the need to have many followers or a verified account.

If you are interested in knowing how to make money on TikTok, we comment that there are several ways in which you can generate income within the app; here, we highlight the most relevant to delve deeper into how tiktokers make money.

Three Keys for tiktokers to make money on TikTok

1 Content Generation

Information from the TikTok website highlights that when profiles exceed 1500 followers, you can start monetizing with an estimated charge of $100 for every 10,000 views generated. The more followers you add to your account, the more the app’s algorithm expands the reach of your content, leaving more opportunities to add views, likes, and followers themselves.

The more creative, fun, and original content you generate, the greater the chances of monetizing your account. An important fact to highlight is that you need to be at least 16 years old to earn income in TikTok, with prior approval from your parents.

2 Earning money on TikTok with Livestreams

A Livestream consists of broadcasting live from your account, and your followers can join your video, comment, and send you coins digitally.

The cash dynamic is simple; each user can buy different packs of coins and send them to their favorite tiktokers as a thank you for their content. When reaching the necessary amounts, these coins can be exchanged weekly for real money, which will be deposited to the PayPal account of the benefited person.

On the other hand, there is no specific exchange rate for how much a coin is worth in dollars or euros, but there are packages that detail the various prices, which are the same for both buying and the exchange rate for receiving.

One of the conditions for making a Livestream is to have a minimum of 1000 real followers on your profile. This is one of the fastest ways to earn money on TikTok.

The TikTok app allows you to create, edit and upload video selfies with a maximum length of one minute. To these videos, you can apply various effects, music, and filters fast and straightforwardly.

Three Keys for tiktokers to make money on TikTok

3 Brand Partnerships

If you upload frequent content and achieve popularity on TikTok, brands may start contacting you to ask you to promote their products. They may offer you money or the products themselves.

Brands look for people who already have a community so they can sell their products to their followers. Monetize directly with a company that pays you to promote your product by association. It is usually delivered between 1000 € to 2000 € for a video that is being promoted and reaches 10,000 views or more.

The TikTok app allows you to create, edit and upload video selfies with a maximum length of one minute. To these videos, you can apply various effects, music, and filters fast and straightforwardly.

Three Keys for tiktokers to make money on TikTok

TikTok has become a prevalent network, positioning itself as one of the most viewed platforms in recent months, generating hours and hours of entertaining content for its users and even leading influential brands to enter this network. Therefore, it has become a network that allows you to earn more money accessible than other social networks. If you are interested, here we explain TikTok’s marketing strategy.

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