This is a guide on How to get paid on TikTok as a new beginner or old user, you must create an account, place videos that become popular, get a lot of followers and they do succeed you gifts using virtual currency so that you can exchange for diamonds and finally money.
Tiktok is the fastest growing social media platform today. In 2018, it was downloaded more than Instagram, Snapchat and YouTube. If you still don’t know what it is, it’s time for you to check it out.
Tiktok combines Vine’s comedy (the famous six-second video app that ended in 2017) and musical (another huge lipsyncing app that was acquired in 2017 by Bytedance, renamed and acquired by Tiktok in August 2018).
Over 1 billion people have downloaded the app from the App Store and Google Play. Tiktok has presented a great opportunity and influencers to interact with more 500 million users and also use their engagement to take advantage of the platform.
Working with an agency that focuses so much on Tiktok, and being a big fan of the app myself, I tested some campaigns for clients and thought about compensation methods for influencers that work well with other social media platforms like Instagram, YouTube and Twitch which can also be used on Tiktok. I have personally selected four of my favourite method for a Tiktok influencer to make money.
Tiktok users can easily go live and interact directly by commenting, chatting with other thousands of users. Viewers have the ability to donate coins, a virtual currency that anyone in the app can buy with fingerprint identification or facial recognition. The parts purchased by users can then be given to the influencer during the live session.
Even if Tiktok does not officially share the price of coins for each country online, each registered user can easily check the updated rates by opening the application, to be able to do this you to go to by clicking on “wallet,” then “privacy and settings,” then clicking on “recharge.”
The smallest package in the United States is priced at 99 cents per 100 pieces. When the live feed is over, the influencer can collect 50% of the coins, change them into diamonds, and then withdraw the corresponding dollar amount. The other 50% of coin is divided between Tiktok and the App Store or Google Play respectively.
Over the years, we have seen an increasing popularity of social media marketing through platforms like Instagram and Youtube. Influencers can promote products or services to their subscribers and get paid by a company. Tiktok users can create one or more short clips in their own style to promote a company’s products.
It can be comical, entertaining or informative depending on the audience and the influencer’s choices. Compensation varies depending on factors such as the number of subscribers, the engagement rate, the types of products or services advertised, the number of videos produced, the industry and geolocation.
One of the most important factors to keep in mind is that the video should be native and feel natural without any difficult sales techniques. Users, especially on Tiktok, prefer fun and entertaining videos rather than staged advertising.
Another factor is to make sure that the activation can easily go viral in order to be featured on the “For you” page and gain even more organic exposure.
Different way that content creators and influencers can be able to earn extra profits on Tiktok is by designing and selling their own merchandise (clothing lines are still considered the most profitable). To make the maximum profit, an influencer must have a large audience and a sense of community.
According to my personal experience on different social media, in particular on YouTube, Instagram and Twitch, the majority of subscribers do not engage in the purchase of promoted goods based solely on the value of the product (quality of the material, for example) , but rather to support the influencer or by adhering to a common trend.
It is vital for an influencer to build a personal brand by creating an online character, a recognizable logo, and approaching a specific niche market before even starting to sell personalized merchandise online.
Finally, there so many ways that influencers can make money through Tiktok is to be invited by brands and companies as a special guest to participate in events, music festivals or conferences where the user Tiktok will be paid to promote a brand, perform on stage (dance or song) or meet followers.
In addition, in this case, the benefit may vary depending on the influence of the Tiktok user, what activities are requested by the brand before, during and after the event, and if the brand offers something in addition to the Tiktok user – for example, paying for the flight and hotel.
In conclusion, Tiktok is a relatively new social media platform that is growing rapidly not only in China, but also in the United States and Europe. Both brands and users can benefit from a business perspective. It is a good time to jump on Tiktok for commercial purposes before it becomes saturated and more expensive as an acquisition channel.