How to make money on TikTok: requirements and how much you pay

TikTok is one of the most used social networks in the world. Among its main features is the possibility of creating and sharing videos of no more than 60 seconds , which can help you reach the peak of popularity thanks to the app's algorithm.

However, this is not the only striking advantage, since there is also the possibility of monetizing it. If you want to know how to earn money with social networks , in this case TikTok, we will explain below how you should do it.

6 ways to make money on TikTok

Earning money on TikTok is one of the main alternatives used to generate income. This is because, within this social network, there is more than one way to obtain monetary benefits , and in many of these options it is not always necessary to have a large number of followers.

Without further ado, we are going to tell you about the methods available to earn money on TikTok.

1. Make a Live or live videos

In principle, the application takes into account the number of followers that a user has in order to grant them the function of making Lives; option that can only be obtained from 1,000 followers .

This method to earn money on TikTok consists of making a transmission where you sympathize and interact with the public; with the aim of encouraging them to donate virtual coins that they consider best. Which you can exchange for PayPal balance once the Live is over.

2. Monetize your account

The monetization of a TikTok account is one of the main options to consider to generate income with the social network. Basically, it consists of earning a certain amount of money per month depending on the number of views that your content achieves.

However, this is a function that can only be enabled by accounts with 10,000 followers or more ; who would clearly not only get paid to use TikTok, but also use their followers to generate income in other ways.

3. Use the referral system

On the other hand, TikTok has integrated into its new update a section to generate income through referrals. This means that if you, as a consumer of the platform, invite your friends or acquaintances to also join TikTok , (through your referral code) the platform will reward you with a certain amount of money.

Clearly, the money earned in this way will increase or decrease depending on the number of people you manage to convince to join. Therefore, if you are a very social person, this is undoubtedly one of the most attractive methods to earn money on TikTok that you should try.

4. Sponsors for your content and theirs

On the other hand, earning money on TikTok through sponsors is another way to get benefits within the social network. This is not limited by the number of followers.

Which means that sponsors generally do not specify a number of followers to start a working relationship with a content creator.

It should be noted that a sponsor will always try to hire public figures who can easily relate their content to the brand. In addition, they also request a person with a lot of activity within the network , who gives them the security of increasing sales of the brand's products.

5. Advertising for products and services

As in other social networks, TikTok is used as an excellent digital marketing tool by many entrepreneurs . The effectiveness and impact that this platform has for increasing the sales of a business is so great that large brands use it to attract young audiences.

Therefore, if you are interested in making money on TikTok and using it as a sales tool, you can start by offering a product or service that you are interested in exposing to the public. It should be noted that you should focus on creating content that demonstrates the usefulness, benefits, and results of what you want to sell .

6. Offer courses

It is also possible to admire on TikTok a large number of followers and views on content that educates or helps other people to achieve the recognition of "Influencers" within the platform.

These videos also tend to promote registrations for personal makeup, graphic design, clothing and photography courses, among others ; it is clearly a guide to being successful in the internet world.

This is not only a good idea to obtain an economic benefit from the platform, but it is also ideal to make yourself known on TikTok easily and quickly . Since, you will be helping others, and also, you will be growing in followers.

How much money can you earn on TikTok

Knowing how much money you can earn on TikTok is somewhat difficult to calculate, since the figures will depend on the method, the user, and the number of people who have decided to support your content. However, below we will give you a summary of the approximate income that you can obtain on TikTok by performing any of the aforementioned methods.
  • Live or live videos : earning money on TikTok doing lives is easy and the figures may vary. However, users often send redeemable gifts in the amount of 50 to 70 virtual coins; which is equivalent to 0.49 or 0.69 US dollars .
  • Account monetization : TikTok usually pays 2 to 3 cents per 1,000 views . Without a doubt, it is a considerable amount, since many accounts manage to exceed more than a million views in just 1 video per month.
  • Referrals : for each referral you manage to join TikTok you earn 1 euro , as the number of people increases, your income will be the same.
  • Sponsors – Sponsors often negotiate with content creators on the amount of money and benefits they can receive from their brand; some usually accept products, money or both as payment .
  • Gain for advertising your venture: the benefits usually vary in this case. Depending on the number of followers, interactions and reproductions, a business account can receive money for views, referrals, lives and also the increase in sales .
  • Courses: Like the previous method, creating content to promote or guide people to improve on TikTok can lead to earnings from views, sponsorships, or sales of private classes. Of course, this varies in relation to the price you sell your course.

Requirements to charge on TikTok

Now, in order to collect the earnings from this social network, the user will need to meet a number of requirements . Otherwise, you will only be able to earn money on TikTok through your sponsors, advertising, among other options. Among the essential requirements are:
  • Have more than 18 years of age.
  • Follow the community rules.
  • Publish 100% original content .
  • The user must reside in: Spain, France, United Kingdom, Italy, United States or Germany .
  • Have a number of views of 100,000 reproductions in a video in the last 30 days prior to the activation of the monetization of the account.
  • Have at least 10,000 followers on your account .

How to make money on TikTok step by step

Now, in this section we will teach you step by step what you need to do to earn money on TikTok . Next, devote your attention to the guide shown, since each method has its own characteristics:

Step 1. Activate TikTok Lives or direct

To start earning money on TikTok, the first thing every account has to do is perform Lives or direct within the platform. This space will allow you to receive monetary support from your followers; increase your views; help communicate ideas or information of interest to those who follow you, and you can even use it to promote the products of your sponsors. And to activate this function you just have to do the following:
  1. Log in to your TikTok account.
  2. Click on the plus icon (+) that is located at the bottom of your screen.
  3. Once your camera is open, you will notice at the bottom of this a section of options that are named: Camera, Templates, Live. Click on the Live option to continue .
  4. In the Live camera you can see the number of connected followers you have at the moment; At the top you will have a space to edit the title you want the live to have.
  5. If you wish, you can also add filters or effects to your recording . In addition, to perfect your physical features with the "Improve" tool that is available at the time of starting the transmission.
  6. Finally, all you have to do is click on the “Broadcast a Live” option to start the live video transmission.

Step 2. Activate monetization on your TikTok account

When you get a number of 10,000 followers on TikTok, you will be considered as one of their many “Influencers”, therefore, you will be provided with the option of “content monetization”. This can only be used in accounts that reach the sum of at least 10,000 reproductions per month , and to activate this function you will only have to do the following:
  1. Go to your TikTok profile.
  2. Tap the 3-dot icon at the top of the screen.
  3. Go to the manage account option and click on: Switch to Pro account .
  4. Now TikTok will allow you to select the type of account you manage and specify if your account is from an author or a company.
  5. Choose the category that best suits your profile and click on "Next".
  6. Select your gender.
  7. If you meet all the requirements to be considered an "Influencer" you will see the option of: Author. Now just press that section to continue .
  8. Select the “Funds for creators” option.
  9. Confirm your age and accept the terms.
  10. Enter your personal data: Name and surname, address, if you are active or passive in the tax and VAT settlement.
  11. Confirm that you accept the conditions of the contract and that's it .

Step 3. Use referrals

As we mentioned before, earning money on TikTok through your referrals is one of the easiest methods to earn income on said social network; To confirm that you have this option, it is best to make sure to update the mobile application before performing the steps that we will indicate below. Once updated you will only have to:
  1. Log in to your TikTok account.
  2. Go to your profile.
  3. Click on the coin icon located at the top left of the screen .
  4. Copy your referral code and send it to people you know who haven't downloaded the app yet and that's it.

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