TikTok pays different amounts of money for different numbers of views. However, you need to have at least 10K or above followers to make money. Also, your content or video must get 100K views or so.
How many likes do you need to get paid on TikTok?
TikTok doesn’t necessarily pay you based on how many likes your videos get. What is important to TikTok is the number of your followers and the number of views your videos get.
Also, TikTok pays you based on your popularity, the content that you create as well as the number of views. So these are important factors when it comes to making money and getting paid on TikTok.
How many followers do you need to get paid on TikTok?
You need to have at least 10,000 followers to make money on TikTok. Also, you have to join something called Creator Fund first. Otherwise, you won’t be able to make money even if you have so many followers. So keep that in mind.
To be honest, TikTok doesn’t pay that much. However, if you have a product to promote or sell or if you can provide any kind of service, you can make more money. To do this, you don’t even need to have like 1,000 followers. You can have 100 followers and still be able to make money as long as you have customers who are ready to buy your stuff, whatever that might be.
How much does TikTok pay per view?
As I said before, first you need to join Creator Fund. So if you have already joined that, congratulation.
Based on my calculations for different numbers of views, TikTok pays $0.000038 per view! Yeah I know it sounds crazy, but it is what it is. So to be more clear, in order to get $1 your video needs to get at least 25,000 views.
So if you are thinking about making money through TikTok and you have already a job, do not quit your job!
You can only rely on making money through TikTok when you have at least 2M followers or so and your videos get millions of views as well.
However, there are still other methods you can try and make money through this platform. In order to make money through those methods, you don’t need to have millions or even thousands of followers.
More followers will be better, but you don’t necessarily need to have many followers to make money through other methods.
A bunch of followers will do the job for you. The methods I’m talking about are affiliate marketing, promoting your own product, selling your services whatever that may be, and so on.
How much does TikTok pay for 1 million views?
Unfortunately, TikTok is not as generous as YouTube when it comes to money! However, let’s see approximately how much TikTok pays for 1M views.
TikTok pays something around $20 up to $50 which is not much, however, there are other ways you can make money through this platform.
How much does TikTok pay for gifts?
You may not be familiar with TikTok gifts, so first let me explain what gifts on TikTok is. Gifts on TikTok are demands or coins, however, these are not tangible gifts. They are virtual gifts we’re talking about. Also, gifts are given to TikTokers or content creators on this app by their followers and viewers.
How much do TikTok gifts worth? It depends on how many diamonds or coins we’re talking about. If you have like 1,000 coins, they would be worth something around $10 to $15.
Diamonds are worth more. So if you have like 100 diamonds, those will be worth $50 or so.
How to get paid on TikTok?
You get paid on TikTok through 3 different payment programs, Creator Fund, TikTok Marketplace, and Live Gifting.
TT is not similar to YouTube when it comes to paying the creators. So, you’ll not receive any share of the ads that are played before your videos. Instead, you either get paid per view, or your viewers donate via virtual gifts. You can also use TTMC to get yourself brand deals.
Method 1: Creator Fund to get paid on TikTok
In September 2020, TT announced a new program to pay its creators directly. The app created a fund for several countries and rolled out the feature immediately. Creator Fund is a pay-per-view method, meaning that it transfers money to your bank account per every view you generate in 30 days.
- Joining the fund is free. But you need to match the perquisites.
- You need to have at least 10K followers.
- Your page should’ve generated at least 100K views in the past month.
- You need to be 18 or older.
- You need to be a U.S., UK, Germany, Italy, France, or Spain resident.
How to apply:
Step #1: Switch your account to Pro.
Go to the ‘Me’ section and tap the three dots on the top-right corner and choose ‘Settings.’ Select ‘Manage Account’ and proceed to tap the red text that says ‘Switch to Pro Account.’ In the next tab, ensure your account’s type is Creator because Business accounts are not eligible for the program. Finally, determine your gender and go back to your profile.
Step #2: Apply for the Payment Program.
Go to the ‘Me’ section and tap the three dots, and select Settings. Tap ‘Pro Account’ and choose the option that says ‘TikTok Creator Fund.’ You’ll go through a three-page registration that includes inserting your personal information (i.e., name, address, and postal code), providing your Tax information, and determining your VAT status.
Step #3: Using the Dashboard
You need to wait for the app to confirm your eligibility for the fund. You’ll have access to your dashboard and see how much money you have made in the past few days in the settings. If the dashboard doesn’t show up on your account, your application is either being reviewed or rejected.
How many likes do you need to get paid on TikTok?
TikTok doesn’t care about how many likes you have. But you need at least 100,000 views and 10,000 followers to join the Creator Fund program and get paid.
How much can you make off of TT Creator Fund?
The CPM (Cost per Mille/Thousand) on TikTok is 2-4 cents. So, you’ll get paid anything around $20 to $40 per 1,000,000 views.
Compared to other platforms like YouTube, TT’s CPM is pretty low. If you had 1,000,000 views on YT, you’d get paid $3,400 to $40,000. That’s 100x higher than what TT pays you.
Method 2: TikTok Marketplace (TTCM)
TikTok Marketplace is another way you can get paid. It’s an additional platform that keeps the advertisers and creators in touch. Businesses can offer you brand deals and ask you to create for them. Or you can bid on their campaigns and get the job if the project is open to applications. (See below).
Direct Collaboration: TTCM allows brands to find you and request a collaboration. You’ll get notified about their deal and have the option to accept or reject it.
Submitting Applications: You can also search for open brand deals and apply for them. Some brands keep their campaigns open so the creators can send their applications and get the job.
How to become a part of TikTok Marketplace?
TikTok chooses the creators and invites them to join TTCM manually. So, you cannot apply in advance. You should have a certain number of followers, views, and engagement rate. Plus, your content should be in line with the app’s guidelines. That’s when you might receive an invitation to join the marketplace.
Method 3: Live Donations to get paid on TikTok
Before the Creator Fund, the only way for creators to get paid on TikTok was Live Gifting. The app has a series of virtual gifts (usually in the form of stickers) that viewers can donate to their favorite TikToker. The method still works in 2021, and you can ask your viewers to gift you coins.
Here are things you need to know:
– You have to go LIVE to receive the gifts.
– Only 18+ viewers can send you coins.
Coins: Each TikTok coin equals 0.5 cents.
Diamonds: Every 200 diamonds equal $1 (USD). So, you’ll earn $5 by converting 1000 diamonds to dollars.
Additional ways to get paid on TikTok
The majority of TikTokers don’t rely on getting paid on TikTok through the app’s payment programs. They often use other unofficial ways to benefit from their fame and following. Below you see the most common ways of making money on TT without relying on the funds or viewer gifts.
You can sign a contract with brands and promote them to get paid on TikTok. Even a micro-influencer (1K to 5K followers) can nail such deals and make a living off of them.
Using free websites such as Teespring.com, you can create your own designs and sell them on your TikTok account. With print-on-demand websites, you don’t have to worry about the production costs. That’s because the website takes care of everything (shipment included). And you only need to promote and encourage your viewers to buy your merch.
A common way to get paid on TikTok is by using affiliate marketing techniques. There’re websites like Clickbank.com that give you free affiliate marketing links. All you have to do is encourage your viewers to click on the links and make a purchase. The link owner will pay you a share of their profit in return.
If you have 100K followers on TikTok, one way to get paid is by accepting shoutouts. You can do it as a service on platforms like Fiverr and get $10 to $100 per shoutout.
Takeaways and key points to get paid on TikTok
- Three ways you get paid on TikTok are Creator Fund payments, TTCM deals, and Live Gifting.
- You have to have at least 10K followers and 100K monthly views to apply for the Creator Fund program.
- TT’s CPM is pretty low. And you only earn about $20 to $40 per one million views.
- You can use your fame and fanbase to make money on TikTok through other ways.
- Getting brand deals, affiliate marketing, and selling merch are the most common ways TikTokers use to make money on the platform.