- What is TikTok?
- The Craze of TikTok
- How to Make Money on TikTok?
- You can make money from getting Brand Sponsorship? What Is Sponsorship?
- You can make money from TikTok by Growing Accounts and then Selling Them.
- Another way you can make money from TikTok is going Live and Collecting Donations from viewers.
- How To Buy Coins on TikTok:
- How Withdrawal Real Money from TikTok:
What is TikTok?
TikTok is a video-sharing social networking service owned by ByteDance, a Beijing-based company. It is used to create short, comedy, educational, and talent videos. The app was launched in 2017 for both iOS and Android for markets outside of China.
The Craze of TikTok
- TikTok Started in China
- Over 800 Million Active Users Worldwide.
- Over 1.5 billion Downloads on the App Store and Google Play.
- Almost 70 percent of TikTok users are between 16 to 24 years old, which means that only 30 percent are 25+ years old.
- The average TikTok user spends more than 52 minutes per day on the app.
- About 34 percent of all users publish at least one video per day.
You can see above the craze of people for TIKTOK, so let’s not lose a chance to make money and to become a market face value.
How to Make Money on TikTok?
There are so many ways to make money on TikTok mention below:
You can make money from getting Brand Sponsorship? What Is Sponsorship?
Sponsorship/Brand Sponsorship is a marketing approach in which a brand gives you a product and you feature that product in your video. When your audience sees that their (you) favourite influencer is wearing/using that product then it increases sales of the product and brands will give you money for that.
Let’s come to the point and learn how to earn money on TikTok. Are you ready to earn from TikTok, If YES! then you need to follow below steps:
To be frank, there are no fixed steps to achieve or do Brand Sponsorship, it basically requires you to create a great profile with great followers and great posts, so that you get great engagements and hence you will ultimately attract a lot of Brands and they will reach out to you for Brand Sponsorship. Otherwise you can also reach out to Brands and pitch them to consider you for Band Sponsorship. This basically comes under “Influencer Marketing” and there are many Tools and Agencies that you can work or collaborate with to grab Brand Sponsorship opportunities.
We will soon be posting a dedicated article on Topic: How to Get Started with TikTok? In order to help you with how you can create an account on TikTok and how getting more likes, views, and followers will increase your chances to get an opportunity to work with a Brand for Sponsorship and maybe feature on TikTok’s trending list, if you manage to feature on this list Big Brand and Companies will approach you for promoting their product. These steps (will be mentioned in the upcoming article) will not only help you in getting more likes, views, and followers but also helps you in making money through Brand Sponsorship and Promotions.
You can make money from TikTok by Growing Accounts and then Selling Them.
TikTok is becoming more and more popular in the eCommerce or product space similar to Instagram and Facebook Pages. In today's time, there are so many people who are growing TikTok profiles around a certain interest and after the profile goes viral they sell the profile.
You have to choose a niche and then go ahead and create entertaining videos, ideally content that makes your videos viral to attract and draw attention towards your TikTok Profile. Making a TikTok Profile viral and then selling it is one more way to make money on TikTok, there are so many people who are doing this and legit making money from TikTok.
Another way you can make money from TikTok is going Live and Collecting Donations from viewers.
For that, you need to have at least 1000 followers on your profile. Which you can do by making videos on Popular and Trending Topics, using Hashtags.
This TikTok feature I find very fascinating. TikTok Live is a built-in monetization platform literally from day one, it works almost the same like YouTube Live you go live and viewers donate/send you money if they like your content.
How it works: TikTok is a bit difficult as your viewers can not send you direct cash. They have to buy TikTok Coins, which they will send you. After receiving Coins you can future turn them into Diamonds and then you can turn them into Real Money.
How To Buy Coins on TikTok:
for that you need to follow the steps mentioned below:
Step 1 - Go to your TikTok Profile.
Step 2 - Tap on three dots.
Step 3 - Go to Balance
Step 4 - Click on Recharge
Step 5 - Now you can select any Package.
Step 6 - Click on Google Play Balance.
Step 7 - You can select any payment option (now your money is added in your Google Play Balance)
Step 8 - Now your money is added in your Google Play Balance (it might take 5 minutes to show balance)
Step 9 - Now you click Continue.
That's it, your coins are added to your TikTok account.
Now, what can you do with these TikTok Coins?
It is designed in such a way that you can send money to your favourite creator is going live. You can actually send them coins if you like their content as kind of thanks for the entertainment.
What does a Creator do with these coins?
You can turn these coins into Diamonds and further you can turn Diamonds into Real Money. For that, you need to have a PayPal Account.
There is a next-level feature similar to this on the Chinese version of TikTok called Douyin. In Douyin App when a creator goes live, they can add a shopping cart to a product that they sell.
How Withdrawal Real Money from TikTok:
- You need to have a PayPal account to request a cash withdrawal. Make sure you provide accurate information on your PayPal account, complete and update-to-date.
- You can withdraw a minimum of 100 US Dollars.
- You can only withdraw when you have an account balance of more than 100 US Dollars.
- You can not withdraw more than 1,000 US Dollars per day.
- You can know more at TikTok T&C.
BONUS: If you are interested in more TikTok Likes, Views, and Followers, you can check TikTok Services at SMMeShop.
Thank you for reading this blog. I hope you have to find the blog interesting and hope you start earning money as soon as possible….!
SignUp Now to Get FREE Access to our All in One Digital Marketing Platform!
We will continue to update Front; if you have any questions or suggestions, please contact us!