Welcome to the Topic “How to make money on TikTok 2022”
In 2022, who will make the most money on TikTok?
Charli D'Amelio makes an estimated $17.5 million annually thanks to her enormous fan base, watchable dancing videos, and endorsement partnerships with brands like Hollister and Dunkin' Donuts.
Every year, Addison Rae earns about $8.5 million. She carries a ton of merchandise, custom makeup and deals with Reebok, American Eagle, and other brands. Her newly discovered acting and music occupations likely also help.
On TikTok, Khaby Lame earns an estimated $5 million annually, which to us seems pretty great. He dominated the platform in the summer of 2022, gaining the most followers thanks to sponsorship partnerships with Netflix, Hugo Boss, and Amazon Prime.
How many views and followers are required for TikTok monetization?
The hurdle to earning money directly from TikTok was substantially higher before December 2021. You need to be 18 years old (which is still the case! ), have more than 10,000 followers, and receive at least 100,000 video views in the previous 30 days to monetize your account.
You might be able to apply for the TikTok Creator Fund if you meet those requirements. It's not as simple as saying “1,000 views Equals $X” because the payment-per-view data have never been made available to the public. Once you've signed up for the Creator Fund, you can earn roughly two to three cents for every 1,000 views.
Payments vary according to the quantity and reliability of views, the degree of video interaction, and whether or not the content complies with TikTok's Community Guidelines and Terms of Service.
Getting Paid using TikTok’s Creator Fund
The TikTok Creator Fund is the company's method of encouraging and recognizing creative creators on its platform. This is the app's most recent effort to establish itself as a preferred user-generated content platform.
TikTok Creator Fund doesn't rely on the advertising model as other platforms do. Instead, as your channel and content expand, so does the quantity of your fund. It also depends on various other elements, including the geography of your audience and views from legitimate accounts.
For a period, the Creator Fund served as the primary passive revenue stream for well-known TikTok content creators. Then along came Creator Next.
Using the Creator Next
The end of 2021 saw TikTok roll out a new function. It's a monetization hub named Creator Next, consolidating all of the TikTok revenue-generating opportunities under one roof.
Once you're signed up for Creator Next, there are additional ways outside Creator Fund to make money off of your TikTok account.
Creator Next provides:
- TikTok gives out “Diamonds” as LIVE gifts based on the success of creators' LIVE videos, which users may subsequently swap for real money. During LIVE videos, viewers can also LIVE to Gift their preferred content creators, which can then be exchanged for actual, hard cash. Any TikTok user who is over 18 and enrolled in Creator Next is eligible to receive LIVE Gifts. This feature was available before Creator Next.
- With video gifts, producers can earn diamonds based on how many people watch their brief videos instead of LIVE videos. Like on LIVE videos, viewers may also send gifts.
- Viewers can tip their preferred content producers, who will receive the total amount (minus any service fees.) Creators with more than 100,000 followers can use this feature.
- Through TikTok Creator Marketplace, creators can interact and work with brands on compensating and incentive-based campaigns. If you have more than 10,000 followers, you can apply to join the Creator Marketplace, which brands will invite directly.
Additional ways to make money on TikTok
- TikTok ads can increase sales
To increase traffic to your website, online business, or even your TikTok Shopping tab, use TikTok advertisements. To grow your TikTok following, you might run in-feed image advertisements promoting your items or use TopView commercials (full-screen takeovers) creatively. Both options can help you monetize the network.
TikTok may also be a top-of-funnel tool to encourage consumers to subscribe to your email list or SMS marketing. This method can protect your TikTok account from coming out as over-sales-oriented while still being a powerful cash generator.
- Promote music
You can make money by selling music that you include in your videos. The significance of the fact that practically every video on TikTok has a background song to which the creators can lip sync and dance is not lost on the musicians who create these songs. If you have a significant fan base and a high degree of engagement among your listeners, musicians will pay you to promote their music inside your tracks in exchange for royalties.
They know that their song will also increase merchandise sales, concert tickets, and digital downloads if your video goes viral.
If you are a musician (or want to become one), you may use TikTok to market your music to a broader audience. It only makes sense because TikTok is a site where users can submit their beats, sing, and dance to their music.
- Join the Brand Ambassador Program
In a manner analogous to sponsored content, brand ambassadors act as a resource over an extended period instead of simply for a single piece. As a brand ambassador, you will most likely get paid and receive free products in exchange for watching a predetermined number of videos weekly or monthly. The more valuable your material is, the more attractive your brand ambassador agreement becomes.
Find the names of the brands that you adore. Most organizations have likely specialized ambassador application parts on their websites; therefore, you should look through those sections to see whether or not any of your preferred companies offer any appealing programs.
- Create and market TikTok accounts
Possess a talent for attracting crowds quickly? Do it as your job.
Many creators and companies would want to get a jump start on TikTok. You'll have a list of potential customers if you can quickly grow your TikTok following.
Consider prospective sectors that would be interested in purchasing a profitable TikTok account. An account devoted to kitten GIFs might be difficult to sell (although it might not be), but an unboxing profile or a dedicated vehicle fund would probably sell much more quickly.
Avoid using any of these accounts for personal use. You don't want your name or face to become associated with your followers. Instead, concentrate your text on the relevant information. This can sometimes make it challenging to expand an account, but it doesn't stop users like Ramy Halloun, 23, from earning $120,000 on Instagram using the same strategy.
Summing it up
Check Out This Awesome Tiktok Course
Making more money from your work gives you more time to produce art since time is money. The extra time it buys will be rewarding if the money isn't.
Have any questions regarding the topic “How to make money on TikTok 2022,” feel free to comment below.
Also Read: How to make money on Instagram 2022?