How Much Does TikTok Pay? Different Earning Sources
TikToking may be a full-time job or an additional passive source of money. In reality, TikTok pays producers for their videos, but how much? The average income of TikTokers will be shared with you in case you were curious.
Although it isn’t chump change or sufficient to build a home for the ordinary user, it will grow better once you can attract a sizable audience. TikTok has launched Creator Next, an opt-in program that aims to provide creators with revenue possibilities.
TikTok has been working to make it easier for creators to make money. Nevertheless, some of them are raking in millions of dollars. Let’s rapidly proceed to the next step to see how much TikTok pays producers for video views.
What is TikTok?
Beginning in September 2016 and first known as Douyin in Beijing, China, TikTok was first introduced to the world in 2017 under the name TikTok. With tools like filters, edits, time-lapse, voiceovers, and green screens, to name a few, TikTok lets users make short films in real-time.
Only three years after being introduced to the global market, TikTok surpassed 2 billion downloads in 2020, a staggering total.
Why is TikTok so popular?
TikTok’s popularity may be attributed to a variety of elements, including its simple interface, the addition of the scroll-to-view video capability, an intelligent pattern algorithm, and entertaining and user-friendly features.
These qualities make any material on the app enjoyable and less scary, so much so that you can see trends on TikTok for someone’s last day at work and Microsoft Excel tutorials. You may attract the attention of TikTok’s ardent users—the younger generation—by editing any material with its features.
Consider the yoga video below, which has been popular on TikTok among users trying to enhance their physical activity outside of workouts.
How Much does TikTok pay per view on a Video?
Compared to other applications, TikTok has experienced tremendous growth in a very short period. The fact that the platform did not refuse to share the success with platform creators is a plus.
TikTok didn’t initially compensate producers for the videos in any way. Users have to find other ways to make money, such as brand partnerships, marketing, etc., by using their celebrity. But today, TikTok uses the “Creative Fund” to give creators regular payments in real money for views on their films.
A video on TikTok receives between 2 and 4 cents for every 1,000 views. The compensation fluctuates based on a few variables that TikTok doesn’t openly publish. Because of this, even if various creators have equal numbers of views, they get paid differently.
Not every TikTok user, though, is compensated for their viewers. A user must apply to the TikTok “Creative Fund” and be accepted to be eligible.
How much money do viral TikTok videos make?
Ever wonder how much money the popular TikTok videos generate? You could feel a little let down if you had high expectations. According to our sources, TikTok pays between 2 and 4 cents for every 1,000 views on a video.
Also, millions of people watch popular TikTok videos, as is well known. In other words, a TikTok video with a million views makes $20 to $40. The profits of videos with millions and billions of views may now be calculated.
For instance, Zach King’s Harry Potter Illusion video had over 2.2 billion views. That indicates that he made about $90,000 from the video. Profitable TikTokers are making enormous sums of money from their TikTok videos. Still, it isn’t much for most users.
How Much Money Can I Make On TikTok?
Via TikTok, there are several methods to make money. But, the easiest method to make money on TikTok is through the creator’s fund, which pays you for producing interesting content that attracts viewers, likes, comments, and follows.
TikTok offers you a tiny sum of money for producing videos, unlike Youtube and Instagram. You receive 2-4 cents for every 1000 views with a creator’s fund, and you can only earn $20 to $40 if your film has received 1 million views.
It must be painful, right? It might be depressing to receive a rating that is lower than you deserve after spending hours crafting a content plan for your account and a video.
Also, there are a few limitations on the creator’s fund of TikTok. It will start to operate until your account gets 10,000 followers and 100,000 views in the 30 days prior to applying for the creator’s fund. Also, if you are under 18 you cannot get money by making videos. But, even if you can comply with all of these limitations and requirements, you should not count on making a livelihood off of TikTok videos.
Also, one of the most well-known ways to make money through social networking sites is affiliate marketing. Yet it surprised me to see that some were only making $20–$25 per month with TikTok affiliate marketing.
Now that you know the reality of your TikTok earnings, you might be curious about how well-known TikTokers get passive revenue. Given that TikTok pays so little, how do these users manage to amass net worth in the millions of dollars, right?
To find out the solution to this query, move on to the following part!
How Much Does TikTok Pay Per 1000 Views?
In the beginning, TikTok did not compensate its users despite their millions of views and fans. Famous TikTokers were forced to seek out alternative income streams including sponsorships, promotions, and more as a result. In TikTok, you may now get paid through the “creators fund,” though.
For every 1000 views on your video, TikTok often pays two to four cents. The compensation scale may differ from user to user depending on several variables. TikTok hasn’t made these characteristics public, though. As a result, each user may receive a different amount for their movies.
Not every user may see a video on TikTok. You must apply for the creator’s fund to be compensated, and if you are accepted, TikTok will pay you for every 1000 views.
How Much Money Does TikTok Pay For 1 million views?
The figures above show that TikTok pays 2 to 4 cents for every 1,000 views. So, what happens if millions of people see your videos? You might be disappointed by the response, but on TikTok, you can budget anywhere from $20 to $40 for one million views.
When your films receive billions of views, the cash is more than enough. For instance, you may get somewhere between $80,000 and $100,000 if your movie has two billion views. With billions of views, TikTok may generate enormous profits, but if your videos don’t become viral, it could be difficult to earn much money just from your views.
More Ways for Earning on TikTok
In addition to this, there are many additional methods to make money on TikTok. Nevertheless, TikTok itself does not compensate you for this; rather, you will get money from fans, brands, and other sources.
TikTok users may make money through a variety of methods, including Tips, Live Gifts, Affiliate Marketing, and Brand Collaborations.
1. Tips:
Now, followers may tip their favorite creators. TikTok doesn’t collect any compensation from the creator and just levies a tiny processing cost to the sender.
2. Creator Marketplace:
It is a TikTok platform where influencers and brands can connect and identify companies that fit their niches.
3. Video/Live Gifts:
During the Live broadcasts and films of their favorite producers, viewers may send gifts to them. Diamonds from them will be earned by creators, who can then exchange them for coins to obtain actual money. When 2 Diamonds are converted into 1 Coin, TikTok receives 50% of the Diamonds as a commission.
4. Brand Collaborations/Sponsorships:
The company will connect with you to market its goods/services if you have a sizable audience base. They’ll spend a fortune marketing their products. For the majority of TikTokers, this is their main source of revenue. It also goes under the name of influencer marketing.
5. Affiliate Marketing:
With TikTok, you may share and advertise certain goods and services through your videos and live broadcasts. Your objective is to persuade the viewer to use your affiliate link to make a purchase. You will be paid a commission after they complete it.
6. Selling Merchandise:
Also, creators will be able to design and market their goods (official stuff) on TikTok using the custom products e-commerce site Teespring. For this, you may also utilize other systems like Shopify, Magento, etc. To earn money utilizing this strategy, you’ll need a sizable fan base.
Can you make a financially successful career on TikTok?
Yes, it is feasible to have a financially successful job on TikTok. That is not, however, simple or free money. You’ll need to invest a lot of work into making informative films that your visitors will enjoy. Less than 1% of TikTokers accidentally become viral.
The rest of them have spent years attempting to make that one video go viral. You must have the drive to produce high-caliber short videos, the charisma to win over your followers, and the ability to fully utilize the platform’s monetization mechanisms if you want to make any real money from TikTok.
Not everyone can make money on TikTok, but savvy users make enormous earnings every month. Your objective should be to steadily advance from average to clever.
