How much money can you make from TikTok? Here's what we know
TikTok is a popular social media platform that allows people to create, share and discover short-form videos set to music. It was launched by the Chinese tech company “Bytedance” in 2016. Tiktok’s algorithm recommends content, based on the user's interests and behavior. The app has a wide range of content categories from dance and lip-sync videos to comedy skits and educational content.
The unique feature of TikTok is the ability to easily remix and collaborate with other users' videos, making it a highly collaborative platform. It has also become a launching pad for many new creators and influencers. With numerous followers, they earn a living through sponsored content and brand deals.
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How much does TikTok Pay?
TikTok is one of the social media platforms that pave the way for users to earn money. But, It has a unique feature that pays users directly once they gain enough views. It has the Creator Fund, which pays the creators between 2-4 cents for every 100 views. So you can expect $20 to $40 when you reach a million views. Under this category, TikTok does not pay for the number of likes that the video gets.
Some of the biggest creators have been deemed millionaires. MrBeast revealed that he earned $14,910.92 from TikTok’s creator fund even though he had over 32 million followers on TikTok. The creators who have enough followers can earn more money of $80,000 for just one post of a brand.
Requirements to get paid on TikTok
TikTok starts paying when you come under the following eligibility criteria. They are,
1. You must be located in the US, UK, France, Germany, Spain, or Italy.
2. You should be attained 18 years of age
3. You should have at least 10,000 followers
4. The views of the last 30 days' videos should have at least 100,000
5. You should have an account that abides by TikTok community Guidelines and terms of service.
If you fulfill the above-mentioned requirements, then you can start earning from the platform.
