If you are also willing to make Tiktok videos and want to start an earning from there, then, you must read this blog till the end as you are going to get all your answers regarding Tiktok such as how to make money on Tiktok, how can you earn from Tiktok, quick ways to make money, does Tiktok pay you or Tiktok payout, etc.
In recent times, the world has grown a lot in terms of technology and the internet. There are hardly a few people who don’t know about smartphones or we can say that there are hardly a few people who don’t have a smartphone because nowadays everyone knows about it. Even the small children of 4-5 age don’t eat their food without smartphones. They need them for their cartoons and the fun fact that quick ways to make money are that they know how to use them, they know how it opens, where to play their cartoons, etc.
You can get an idea from here how much smartphones are trending in the world right now, especially in youth. We all have to agree on the fact that these days phones have become an important part of our lives. Mainly, after the covid, everything shifts to online mode from offline mode. Schools/colleges have adapted to conduct their classes through online mode. People started doing their jobs from home. The meetings are being held on online mode.
The internet and social media became our only methods to connect to the world. Social media are basically social sites that connect us to the world such as Instagram, Twitter, Facebook (which is now called Meta), WhatsApp, Snapchat, Tiktok, and many more.
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For now, let us see what are the topics we will read in this group:
- What is Tiktok?
- How to Make Money on Tiktok?
- How much does Tiktok pay?
- Richest Tiktokers all over the World
- Epilogue
What Is Tiktok?
Tiktok is a social media app that was developed by ByteDance (a Chinese company) and released in 2016. In the last few years, Tiktok got very popular around the world. Especially during the time of covid-19 as people were finding it amusing. Tiktok permits its customers to create and proportion quick movies. You can make a video of 15 seconds to 1 minute on Tiktok. Teenagers and more youthful people are the primary clients of the app, which might also additionally loosely be described as a social network for amateur music videos. If you want to know if these teenagers are making money, then the answer is Yes. But the question remains the same, which is “how to make money on Tiktok?”.
How To Make Money On Tiktok?
The first requirement of earning from Tiktok is you must be at least 18+. If you are above, then, there are several methods to make money on Tiktok which include live streaming, sponsorship with brands, and growing and selling Tiktok account.
1. Live Streaming
You can create awareness of your product on social sites such as Tiktok, etc. Live streaming makes your relationship stronger and more trustworthy with your audience. It’s important that your audience trusts you otherwise they won’t buy your products.
It generally happens in a process such as first, you grow your channel, then, promote any product of yours or of other brands (in exchange for money) on your account, afterward, you also mention the product in your posts/Tiktok videos, and in the end, gets popularity of your product.
As we are now a part of this virtual world, every person is thoroughly on social media and lots of us have our accounts on different types of social sites. There is nothing new in Tiktok. It’s just another social site where you make your Tiktok account just like other sites. You make your Tiktok video and post them.
2. Sponsorship With Brands
Just like others, it is also a good way of earning from sponsors. Firstly, you need to grow your channel to a certain level where brands can trust you and invest their money in you for the promotion of their brand. They pay you for spreading the awareness of their brands/products through your account. They pay you for influencing your followers or audience to use their products. They can pay you $20 to $20000 per video for the promotion of their brand, sometimes even more according to the number of audiences on your account.
In 2020 and 2021, many big companies paid influencers a lot of money for the promotion of their product because of the pandemic situation. As lockdowns were going on all over the world, companies thought it would be a great idea to promote their product online through influencers and many big tiktokers are getting paid on Tiktok.
3. Growing And Then Selling Your Tiktok Account
Here’s another good way of making money on Tiktok which is Growing your account and selling in exchange for money. There are a lot of buyers of Tiktok accounts around us. There are plenty of corporations around who need a Tiktok account for the advertising in their manufacturers and you could promote your account to them. In this way, you can make money from Tiktok.
It’s easy money for the guys who are good at creating content and gaining followers quickly. They pay you $500 to $50000 for an account of 50K to 100K followers.
How Much Does Tiktok Pay?
For the payment form Tiktok, there are a few conditions that you have to fill in before applying for Tiktok Creator Funds. Firstly, you must be 18+. Secondly, you should have at least 10K followers on your account. Now third and the last one is you have to gain or collect 100K views in the span of 30 days.
If you are eligible for applying for the Tiktok Creators fund after filling these conditions and thinking about how much does Tiktok pay per view? You get 2-4 cents per 1000 views on a video. It means even if 1 million views are there on your video, you will still get only $20 to $40. Looks bad, right? This is one of the main reasons that influencers search for other ways to make money through Tiktok such as through sponsors or selling their accounts or promoting products, etc.
Tiktok may not pay you a lot of money but there are ways to make money out of it. There are many rich tiktokers around the world who have earned a lot of money from it and have become rich. Let’s see who they are and what their Tiktok income is. Here is the latest list of the 14 richest Tiktok stars all over the world.
1. Burak Özdemir (11.3 million)
Burak is a 23 years old Turkish civilian and he is a chef by profession. Later, he started making creative videos of his cooking and became so famous as he is known as the world’s richest Tiktoker with a net worth of 11.3 million. Burak also acquired his own restaurant “Hatay Civilizations Table ” which currently has 6 branches. He has reached 50.7 million followers and has more than 946.3 million likes on Tiktok at this time.
2. Charli D’Emelio (8 million)
Charli D’Emelio is just 17 years old and has 130.5 million followers on this social media platform. She is also the most followed Tiktok star and has 10,200 million likes on Tiktok. Her net worth is 8 million. She was born in Norwalk, Connecticut, the United States on May 1, 2004. She is an actor, dancer, vlogger, and YouTuber by profession.
3. Brent Rivera (6.5 million)
Brent is second on the list of richest tiktokers around the world. He is only 23 years old and his net worth is 6.5 million. He was born in Huntington Beach, California. He is an actor and director by profession. There are 41.7 million people following him on Tiktok all around the world and has 1300 million likes.
4. Addison Rae (6 million)
Addison is only 21 years old and has already become a millionaire with a net worth of 6 million. She is an actor by profession who has also starred in Netflix’s “He’s All That” teen romantic movie which was released in 2021. She was the richest Tiktok star by the end of 2020 with a net worth of 5 million. She has 85.6 million followers on Tiktok with 5500 million likes.
5. Jeremy Lynch (5 million)
Jeremy Lynch is a professional footballer who diverted his mind to tiktok for some fun and has become the new sensation in Tiktok. He makes videos of football spinning with many big footballers such as Ronaldo, etc. He is 33 years old and was born in London. He has 13.9 followers on Tiktok. His net worth is 5 million.
6. Zach King (5 million)
Zach King is 31 years old from Oregon, United States of America. He currently has 66.4 million followers on Tiktok and has 830.4 million likes. He is on the list of the top 5 most followed Tiktok stars in the world. He is an author by profession.
7. Loren Gray (5 million)
Loren Gray is an American Singer who is 19 years old. Her net worth is 5 million. She has 54.3 million followers on Tiktok and has 2900 million likes. She was born in Pottstown on April 19, 2002.
8. Michael Le (4 million)
Michael Le is an Artist, singer, and choreographer by profession. His age is 21 and his net worth is 4 million. He was born in Florida, United States of America in 2000. He has 51.4 million followers on Tiktok with 1400 likes. Also, he is very close to the top 10 list of most followed Tiktok stars. Currently, he is in 12th position.
9. Kimberly Loaiza (4 million)
Kimberly Loaiza is a Mexican singer and YouTuber who is on the list of the top 10 most followed Tiktok stars. She has 56 million followers and has 3200 million likes. She is 24 years old. Her net worth is 3 million.
10. Noah Schnapp (3 million)
Noah Schnapp is a 17 years old boy who is an actor by profession. His net worth is 3 million. He was born on October 3, 2004, in New York City, United States of America. He has 19.9 million followers on Tiktok with 330.4 million likes.
11. Dominik Lipa (3 million)
Dominik Lipa is a Mexican citizen. She is 20 years old. Her date of birth is August 27, 2001. She has 44.9 million followers and also has 2500 million likes on Tiktok. She is an actress by profession and is very popular among youth. Her net worth is 3 million.
12. Dixie D’Amelio (3 million)
Dixie D’Amelio has 56 million followers on her Tiktok account with 3100 million likes. She was born on August 12, 2001, in Norwalk, United States of America. She is American by nationality and has completed her schooling at King School in Connecticut.
13. Baby Ariel (2 million)
Baby Ariel is 20 years old and a singer by profession. She was using Tiktok from the very starting when it was used to be called Musically. Her net worth is 2 million and has 35.6 million followers on Tiktok with 1900 likes. She was born in Florida, United States of America on November 22, 2000. She had become a paid influencer in the last few years.
14. Josh Richards (1.5 million)
Josh Richards is a 19 years old Canadian Singer. He is also an entrepreneur, host, actor, and social influencer by profession. He was born on January 31, 2002, in Toronto, Canada. This 19-year-old kid has 25.6 million followers on Tiktok.
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Go, Get Your Fame From Tiktok
If you have a question “can you get money from Tiktok” or “can you get paid on Tiktok ”? The answer is yes. Tiktok pays you but the amount they pay is very little. So, you can see how to monetize Tiktok as we have explained earlier. Tiktok earnings are really very low, it’s better to earn money from sponsors. They pay you good money. If you have questions such as how to make money on Tiktok, quick ways to make money, how much do tiktokers make, does Tiktok pays you, do tiktokers get paid, Tiktok money per view, etc. then, all these questions are answered in this blog.