You can associate Tiktok with lost hours to browse through short videos of everything from dogs to dance challenges, or maybe you primarily know it as a topic for controversial debate. Either way, the social media platform has a surprising use case: to make money.
Many users use TikTok to get cash and believe it or not, the platform has the potential to be quite lucrative. But is that a good idea?
How to make money on Tictok
There are actually many ways to make money on TikTok, including by:
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How much can you earn from TikTok?
How much you can shake in can vary greatly. For creators, it largely depends on how many followers and video they have and how they make money on their tictoch, ”Time said.
For example, a water park surgeon with 9 million followers of social media has earned as much as $ 20,000 for a single sponsored mail, According to the insider. At the same time, an artist with just over 40,000 followers earned $ 574 from Tiktok Creator Fund.
For song promotion, someone ”with 200,000 to 300,000 followers who get between 20,000 and 30,000 likes on a video will earn $ 200 for a song campaign,” Insider reported. For those who have about 50,000 to 150,000 followers, prices are more varied, but may fall everywhere from $ 20 to $ 150. “
What should you think about before you start trying to earn TikTok?
If you are interested in trying to take advantage of Tiktok, it will help go in with a plan. Start by considering your goals and which earning method is most meaningful to you. Are you ok with increasing someone else’s brand, or would you rather establish and market your own company? Also evaluate how many followers and how much commitment you already have, as you generally need to meet benchmarks to open up certain possibilities, such as applying for Tiktoks Creator Fund.
It can also help to have a niche. Find out what you are passionate about and what value your content can give. “Your niche is likely to lend to certain money to do more than others,” noted the time. “For example, if all your videos you have dancing, can be promoted to be a simple fit.”
And even though this is all a company, experienced tictokers say it is important to remain genuine and remember to have fun with the whole thing. If TikTok just doesn’t feel like a natural fit, or if you are struggling to get traction, remember that there are many other ways to make money, online or off.
Becca Stanek has worked as editor and writer in the personal financial space since 2017. She has previously served as editor -in -chief to invest and savings at Lendingtree, an editor at Smartasset and a staff writer for the week.
