Two Ways To Monetize Tiktok Videos

Tiktok is a rapidly growing social media platform. It is used by various kinds of people who make short videos. Tiktok is known as a platform that's funny and quirky. But it's not a platform that is centered on paying its creators.

As a result, it's impossible to monetize one's channel and videos to make money directly. But this doesn't mean that it's not possible at all. Here are two major ways you can earn money from Tiktok:

LiveStreaming

If you have a lot of followers, then you can urge them to 'tip' you. Here's how it works- your fans can use real-world money to buy 'coins.' They can then use these and other kinds of in-app currencies for tipping you, a creator.

If you have a lot of followers, they can do this to thank you for creating their favorite content. Do note that you won't get the full amount as Tiktok will keep 20% of the tips. Another factor to keep in mind is that you need a built-in fan base for this to work.

Now that might not be easy for new creators. But it's certainly not an impossible task. Just buy real Tiktok followers and likes. These accounts won't pay you tips, but they will help promote your videos so that you can grow your fan base.

Attract Brands

If you want to make a real income from this platform, your target needs to be sponsorships. Do note that sponsorships are given to people with lots of followers.  Being an influencer is easy if you have some patience and can put in the initial hard work. Once your follower numbers start growing, it will keep on doing so.

So if you have a set follower base that goes into the millions, you will gain sponsorships easily. A user can make anywhere from $5000 to $20,000 a month. That higher end is reserved for well-known accounts.

While Tiktok isn't the ideal app to monetize your work, but it's not impossible to do so. It just needs to be kept in mind that you will need an inbuilt fan base for it no matter what option you choose. Once you have that, you can earn a good monthly income from the platform.