Tiktok is the world 5th biggest social media platform with over 1.5 billion users daily engaged on the app.
It’s home to viral challenges like sharing funny animal videos, viral dances, mimes popular songs and creating visual tricks.
Who uses Tiktok?
Anyone can use Tiktok. However according to data from (Datareportal, 2021) indicate roughly 43% of TikTok’s global audience is between 18 and 24 years old.
32% of TikTok users are aged between 25 and 34. Only 3.4% of TikTok audience is older than 55.
In the US, 138 million monthly active users and between ages 10-19 year old followed by 20-29 years old.
TikTok operates like YouTube and Instagram.
What does that mean?
People are using TikTok to generate an income and build a brand, specifically a career as an influencer.
If you’re interested to join TikTok. Where do you begin?
Good question.
This article will highlight how you can make money on Tiktok as beginner.
Let’s get started.
Content creators should focus the following to build their brands on Tiktok.
Namely:
- Build number of followers
- Creating a personal brand
- Building your video views
- Building engagement with followers
- Maintaining your audience over time
So, how can users make money from TikTok and its fast growing audience?
There are three ways to make money from TikTok:
Namely:
- Selling your own merchandise using TikTok platform
- Partnering with brands to post sponsored content
- Earning money directly from Tiktok through it’s creator Fund
Next process is:
How to get in a position where you can start making money.
Follow the next key steps to help you start making money from TikTok.
- First, build your audience or following. When you have like 50,000 follower, you can start attracting the attention of brands.
How to build followers on Tiktok
- Identify your target audience
- Engage and participate in TikTok challenges
- Leverage or do TikTok trends
- Educate your followers
- Create and participate in TikTok challenges
- Post on Tiktok at the right time
- Use Hashtags effectively
- Cross promote your videos
- Identify a niche
You have to identify a niche.
Because it will help in attracting more engagement and potential followers, who will become your customers since your targeting a specific audience.
How to identify a niche on Tiktok?
You can do the following :
- What is your interest and passion? Identify it and pursue it.
- Come up with a solution to your audience problems
- Carry out competitor analysis
- Do Keyword research
- Assess yout niche
- Identify your unique selling point and market it
- Share your idea to attract followers
- Post regularly
Once you’ve identify your niche. Then, you need to post content regularly.
Make sure your consistent and don’t lose momentum by taking long breaks between posts.
How often should you post content on Tiktok?
You can post as often as you can create high quality content. It’s recommend 1-3 times per day.
However, if you’re able to push out high quality engaging content, you can decide to post as more than 5 times per day.
But if you don’t have the time then stick to posting 1-3 times a day.J
2.Jump on Trends
You can create a video and incorporate the latest trends that are popular on Tiktok.
Here’s why.
Tiktok algorithm give priority to trending Tiktok videos.
In addition, viewers or users prefer to explore various interpretation of trends.
What does that mean?
Users enjoy to explore and watch video after video Which can directly lead to organic discovery of your brand.E
3. Engage with your followers
Why is it important to have interaction with your followers?
It’s important to have interaction with your followers.
Here’s why.
The more users like, share, comment and interact with your content, the better your content or sponsored post will perform.
In addition, help to ensure you won’t lose any followers and become more relevant on the Tiktok app.
How many followers do you need on Tiktok to get paid?
The amount of money you can earn on Tiktok is unlimited and it varies depending on how you package your brand.
Tiktok is just like other social media platforms where the more followers you have, the more money you can charge or make.
However, you don’t need millions of followers to start earning money.
For instance, if you have between 50,000 to 200,000 followers, known as ‘micro influencer’.
While influencers with less than 50,000 followers are known as ‘nano influencers’.
Whether you have less than 50,000 followers or more, you can start attracting brands to want to work with you.
For example: According to Digital marketing Institute, Influencer like Charli D’Amelio has earn around $10 Million and Addison Rae has made around $5 Million from her Tiktok videos.
Good to know: Popular influencers on Tiktok can make charge over $10,000 Per post.
However, if you’re a small influencer keep in mind what you charge will depend entirely on your videos getting alot of engagement.
It’s important for an influencer who is looking for ways to make money on Tiktok, to explore a range of revenue streams including selling merchandise and partnership.
To help you know how much you will earn on Tiktok, you can use Tiktok money calculator.
What is Tiktok money calculator?
The Tiktok money calculator a tool to help you calculate your estimated earnings from your Tiktok account.
As an influencer, the Tiktok money calculator will check the following to determine how much you will earn.
Namely :
- Calculate how much a single Tiktok post can make
- Estimate how much your Tiktok account can earn daily, monthly and yearly
- Compare your Tiktok account current profits to it’s potential earnings
- Getting insights into how much money other Tiktok users can make
- Track Tiktok engagement and earnings of your account
- Match your Tiktok engagement against other influencers in your niche.
- See which Tiktok videos are most shared, liked, viewed and commented.
If you want to earn directly using Tiktok creators fund.
Read more about Tiktok creator fund below.
What is the creators fund?
Creators Fund is money given to creators on Tiktok who are meet the requirements.
It’s a way for Tiktok to share income with creators who are successful on the platform.
The creators fund is worth $200 Million. It helps the creators to take their content creation to another level.
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- Tiktok creator market place-Is a place where creators can connect with brands and agencies to partner and work together by promoting products and services.
- Live gifts-receive gifts from followers during live streaming snd you can redeem them for money.
- Video gifts-creators make short video to showcase content and in the process earn money. Any gifts receive can be exchange for cash.
- Tips-use this feature, creators can receive tips from followers who want to support them financially.
How does Tiktok creators fund work?
Once you’ve been accepted by Tiktok creators fund, you can start earning money through the fund.
The creator fund will pay you depending on how your video perform, views and engagement with your target audience or followers.
Once your content meet the threshold, you will get paid. The money will appear in a Creator Fund Dashboard.
You can withdraw money to a payment platform like PayPal, Payoneer, Strike and many others.
How are the funds calculated?
The funds are calculated base on the following :
- The number of views you get
- The authenticity of the views
- The level of engagement on the content
- Ensure content is line with community guidelines and terms of service
How do you qualify for creators fund?
The following is the criteria for joining creators fund.
- You need to be base in the following countries USA, UK, Germany, France or Italy.
- Over 18 years old
- Have atleast three post in the last 30 days.
- You account should have at least 10,000 followers
- Have at least 100,000 video views in the last 30 days
Is it worth joining the creators fund?
Yes, it’s good opportunity to join the creators fund.
Because, you will build an income and earn money through the content you post regularly on Tiktok.
Good to know: Whether your content is cooking, funny video, informative content or dancing. The creators fund is open to all types of content.
How do you earn money with Tiktok with fewer followers?
When you build an engaged following that is focus on a specific niche or topic, you can start making money with around 10,000 followers.
Here’s why.
Because you have build credibility with your brand and your followers trust you .
They are more likely to listen and engage with your sponsored content.
As a result, brands or companies are more likely to contact you to promote or advertise their products.
Good to know: When you make sponsored content, make sure to follow government guidelines on advertising on Tiktok to avoid being penalized.
How is your content performing on Tiktok?
Tiktok Analysis.
The truth of the matter, in order to earn money on Tiktok, you must track the performance of your content.
You analyze data to help you see what’s working and whether you’re audience like and engaging with your posts.
Here’s why.
You will use the data(especially if the statistics is good) to show brands why your a good choice to partner with you.
How to view your analytics on Tiktok
Steps to follow
- Visit your profile
- Tap the three dots in the top right hand corner
- Select ‘Creator Tools ‘
- Then, select ‘Analytics’
Your analytics will be divided into three sections.
Namely:
- Overview – you can check followers growth, video views, profile views, and engagement over different time periods.
- Content-it help you to check whether the performance of each video you post is engaging with your target audience. It will give you data for the last seven days.
- Followers – you can check where your target audience is from and at what time they’re most engage or active with To your content.
How to get followers on Tiktok?
First, you need to understand your target audience, your niche and create content they want to watch.
Then, post regularly at least 3 times a day and engage with your audience or followers.
As a result, it will help boost your brand, attract more followers and build credibility.
The following are steps you can use to help build your audience and get more views on Tiktok.
- Use trending hashtags, trending songs, and recommend. You can use tags and popular songs in your posts.
It will help boost your videos and seen on more people ‘For your page’
2.Jump on the latest trends – check out trends and put an interesting spin on a popular trend.
It will help improve your chances of exposure.
Good to know:Tiktok trends move quickly, so make sure you’re upto date.
3. Network or build relationships with fellow creators – you can do this by cross sharing content with other influencers.
It will boost your content to reach a wider audience.
- Participate in Tiktok challenges.
You can do this by starting your own Tiktok challenge or create a memorable version of an existing one.
It will result to boosting your content to be seen by a wider audience.
2.Create quality and shareable content – make sure you have good lighting and clear sound.
It will help to make clear and attractive videos.
The videos will appeal to people as a result led to share your content to their friends, family and colleagues.
What Is the best time to post on TikTok?
Tiktok allows creators to see what time followers are engaging with your content.
So, the best time to post your content on Tiktok, will entirely depend with what the creator wants to do.
Also, what time your target audiences or followers are active on the platform.
Some of the most effective times for posting content are :
- Mornings
- Evenings
- Weekends especially Sundays.
Find out the time when you’re followers are active and interacting with your content.
Then, be posting your content around the time when your followers are active.
How else can you make money on Tiktok?
Building a following on multiple social media channels, will help your content to be visible to a wider audience.
Other ways you can make money on Tiktok are :
- Affiliate marketing – it pays when you multi channel strategy. Mea8, you have a following across different platforms like YouTube, Instagram, TikTok, Twitter and LinkedIn.
- Song promotion – music labels and producers, pay influencers to promote their artists’ songs. As a result make the song famous plus the artist.
- Become a Consultant – offer advice of your experience and tips to new creators on how to be successful on Tiktok. Since your already earning on Tiktok.
- Collect virtual gifts and tips – help the creator to earn extra revenue by creating content your users are interested to watch and share.
- Creator in feeds ads – Promote your merchandise or any services you offer by using Tiktok Ads manager.
Conclusions
The bottom line is TikTok is a gold mine. If you’re interested to earn money on the platform, then follow the tips and implement.
It will help you build a following, become an influencer and attract companies to work with you in the process earn money.
People’s use Tiktok for various reasons like entertainment, learning or promote products or services.
So, whatever you do, make sure to use Tiktok to help you earn extra income.
It will help you become financial independent.
So, what has been your experience using Tiktok?
