How To Make Money On TikTok: Ultimate Guide To Start Today!
If you’re wondering “how do you make money on TikTok” in 2021, you’ve come to the right place! Many aspiring influencers have found massive success using this popular video-sharing platform, and the opportunities seem endless. Growing a successful TikTok channel today could help you not only secure passive income for your financial future, but also provide countless social opportunities. How would your life change if you knew your videos could pay for all your living expenses? What if your videos get you invited on paid trips around the world?
For those who still doubt the opportunities, just take a look at the case study of this rising star Khaby Lame! A young 17 year old African born kid, once a factory worker in Italy. After losing his job due to the current situation, he started making some fun short videos. Within a year, he’s estimated to have made upwards of $2.7 million.
In this guide, you’ll learn the steps to earning passive income through TikTok in 2021. (Hint: it’s astonishingly simple)
Through the past year, many of our subscribers have asked us the same questions!
- How to earn money on TikTok?
- Can you make money on TikTok?
- How to get paid on TikTok?
To answer these questions in a simple way… Yes! Top TikTokers and famous TikTokers are definitely making money. In fact, our research tells us that the highest paid TikToker makes upwards of $1M per post. Imagine making $1M every time you produce a short 1 minute video! Even average TikTokers (approx. 100,000 following) are making anywhere from $200 – $2000 per branded video. Making money on TikTok is definitely possible with the right action plan.
Now before we tell you how to get paid on TikTok, let’s understand one important question – Does TikTok pay you?
Does TikTok Pay?
The short answer is yes! Through the TikTok Creator Fund, content creators can receive a share of the ad revenue generated by viewers who watch the ads shown by the platform. Of course you are probably now wondering how many followers do you need to make money on TikTok? Well the TikTok Creator Fund is available for users to apply for, once they hit 10,000 subscribers OR reach 100,000 authentic video views in the last 30 days.
Now with that said, professional TikTokers only see a minority of their income through the TikTok Creator Fund program. In fact, the income from this program is typically so insignificant, some TikTokers fully qualify to apply, yet don’t even apply – in effort to keep their content ad-free! Our researchers found that on 500,000 video views, one would only receive approximately $20USD from the TikTok Creator Fund program.
Ok… So How Do People Make Money On TikTok?
Simple! It’s similar to the Instagram influencers model. TikTokers who amass decent size followings (approx. 100,000 followers) could be making money on TikTok through sponsored content! They do this by seeking out companies who represent similar values to their content. These TikTokers would approach the companies and offer to post promotions for the companies on their behalf, in exchange for an advertisement fee. As mentioned, the biggest brands could pay up to $1M per post.
So it’s clear. Can you make money on TikTok? Most certainly. But not exactly as you imagined. Your posts don’t necessarily translate directly into dollars through the platform. Famous TikTokers have all learned the skill-set of seeking sponsored partnerships, and negotiations. With these skills, one could climb the ladder on the top TikTokers list and start making serious money! Imagine understanding how to get paid on TikTok, and being able to quit your job and retire early one day with these skills. What would you do with all your free time? Travel the world? Raise animals? Leave a comment below, we’d love to hear from you.
So How Do You Actually Become One Of The Famous TikTokers?
First, you would want to sign up for a TikTok account! Have you done so already? TikTok is free to use and creators can easily sign up directly on the mobile app. Remember these quick pointers below:
Build your brand!
Try your best to create videos which are both unique and engaging. Your goal should be to make people think of your profile/brand everytime they watch your video, without even having to check the username.
Do clean work.
As a TikToker, make sure that your videos fit within the dimensions of your viewers device. Most of the time you’d want to make portrait videos in the aspect of 1080×1920. Use the most engaging thumbnail on the video so people would click through once they are looking through your profile. There are no shortcuts in this step so be ready to produce carefully!
Be very consistent.
Stick to a schedule when you create and release videos. Once you establish your pattern on when you release videos, your audience will grow to expect your content at those times! Meet them at their demand and always show up. The more videos they consume from you, the more engaged they will become with your brand. This will all pay off in the end!
Like anything, succeeding a TikTok isn’t quick or easy. But it is certainly possible. Just understand that although not everyone can be the next Charli D’Amelio or Addison Rae, it’s entirely possible to create a profitable TikToker career with the right strategy and execution!
Going Viral Isn’t Easy!
Everyone’s seen the viral videos which get shared to the millions. Most people think the same – I could have done that! However, what most people don’t consider is that going viral as a TikToker is definitely not easy. It generally takes creators dozens of videos in the beginning before they receive any real traction on their content. Most of the time, new creators quit after making a handful of videos and receiving little to no video views. But don’t let that discourage you.. It’s simply how TikTok works! After enough time and thoughtful execution, anyone can figure out how to get paid on TikTok.
The best time to start your TikToker career was yesterday… The second best time to start is right now. With most people staying at home due to the current state of affairs, videos are being consumed at a higher rate than ever before. If you’re looking to start making money on TikTok, just do it!
For those who have successfully built an income stream from TikTok, please comment below. Our subscribers would love to read what made you successful and what mistakes could have been avoided in the very beginning of your career.