Are you looking for detailed instructions on how to earn money on TikTok? Your search ends here, as this post will provide you with all the answers you are looking for.
Step 1: Create your brand.
Step 2: Post content that people want to watch.
Step 3: Get followers.
This article gives Nigerians or any other interested person details on how to earn income on TikTok with your talents. The set of people who can actually make money on TikTok is a comedian or any other funny being who can creatively make videos and upload them on TikTok with their Android or iOS devices.
Basic things to Know
You can create TikTok videos on your own without the help of anyone and include your own voice.
After you have finished recording, tap the Voice Effects icon on the top right.
Select an effect to hear and use it, and then continue to edit or post your video.
TikTok’s 7 highest earnings on TikTok earn seven figures! The list details TikTok’s highest earners, who earned over a million dollars last year by posting short videos on the large, popular social platform. Addison Rae Easterling earned a whopping $5 million last year.
Also Read: How to Add or Change Voice Effects to your video on TikTok
With more than 20 per cent of the world population losing income due to coronavirus, people
have been looking for new revenue streams and earning potential. Social media has become a source of revenue for many by becoming a social influencer on Instagram, Twitter, and Facebook. The fastest-growing of these social apps is TikTok; Easterling and those on the list make it clear that you can absolutely make money with TikTok. In fact, there are TikTok money calculators that give you an estimate of how much money any public TikTok account makes. The question becomes: How do you make money with TikTok?
Before you can approach companies or private individuals and offer to be their TikTok brand ambassador, there are steps you must take if you want to make any money.
Step 1: Create your brand. A person or group of people who took a promotion or marketing course knows the basics; it’s also the same with the new business you just started. Who are you, and who will love your product “target market”? For TikTok, you must have an idea of the type of videos you’ll post and be reliable. Will your videos be entertaining and funny? Or are you looking for a romantic, ethereal vibe? How do you want people (and companies looking for influencers) to see you?.
Step 2: Post funny content that people want to watch and laugh at. Like all social media platforms, you’re only as good as your content. Being a social influencer, whether on Instagram, Twitter, or TikTok, requires a lot of work. Your content must be fresh and genuine, interesting, unique, and updated. This means multiple new videos every day.
Step 3: Get followers. This is the most important step, and it comes from doing Step 1 and Step 2 really well. Remember Easterling? She has over 54 million followers on TikTok. Estimates ranging from 10,000 to as many as a million followers are needed before you can really be able to monetize your account. The best way to get followers is to understand what your target market wants to see and upload quality content to them multiple times a day.
Once you have large popularity on TikTok, you can start to earn real money ranging from six figures. The following are five methods for making that pay:
- Influencer Marketing. I guess I’ve heard this before, and it’s similar on all social platforms. The companies hire influencers to use their videos to promote their products, services, and brands, in hopes of generating sales. One of the biggest influencer campaigns on TikTok has been Mucinex, which worked with several influencers to promote its product in the time between Halloween and flu season. In the various videos, influencers wake up looking like goofy zombies. Then they grab Mucinex. After that, the videos cut to the influencers looking fabulous and dressed for the club. The idea is that Mucinex can help you recover in time for a weekend party, even if you feel like dying.
- Sponsored Content Posts: Loren Gray, who earned $2.6 million some years ago with over 45 million followers, landed a major Revlon deal, where she creates content for the company’s TikTok account and Revlon-sponsored posts for hers.
- Branded Merchandise: Once you become a wildly popular TikTok star, you can create your own line of makeup products, like Item Beauty by Easterling.
- Use your stardom to launch your music, artist, or actress career: Baby Ariel, with 34 million TikTok followers, was the first individual to surpass the 20-million-followers mark on Musical.ly (now TikTok), and her fame has only grown from there. Ariel’s fame has led to multiple gigs on the Disney Channel and Nickelodeon TV shows.
- TikTok Consultant: If you are good at all things TikTok, many are in need of your guidance. With this still being a relatively new social platform, people will pay money to hire you as a consultant to help them create their strategy, build their brand, and boost their followers.
