The chances are that if you’re over 30 you’ve never heard of TikTok, or even its predecessor (in the Western World), Musical.ly. However, if you’re a teen or tween, particularly if you’re a girl, the odds are high that you are a TikToker – somebody who uses the video-based social network, TikTok, regularly. As with most social networks, TikTok is well suited to influencer marketing, and many of the more established TikTokers earn good money on the platform.
TikTok is the fastest growing social media platform in the world. The app has taken the social media world by storm. Since its release, it has been downloaded more than 1.5 billion times from the app store. There are currently over 800 million monthly active users on the platform.
With TikTok increasing in popularity, a lot of people are wondering if the platform can be monetized. Creators on the platform are asking if they can make money from their videos.
The simple answer is yes.
Similar to other platforms like Instagram and YouTube, TikTok can be monetized. While TikTok doesn’t have an established system for making money from your videos, there are still several strategies you can use to make money on the platform.
Since the platform is still relatively new, there isn’t a lot of competition yet. Many people are still trying to understand the viral video platform. That’s why I have written this detailed guide to help you get started immediately.
If you are wondering how you can make money on TikTok, then you definitely want to read this article.
Let’s get started.
Its very easy to Make money online by watching TikTok videos here at millionformula. All you need is your millionformula account and your tiktok account. You do not need any money to do this. You do not need to do any investment for this. Both of these accounts you can obtain them for free. For tiktok, go to tiktok sign up page and register a new account for free. For millionformula, just follow the steps bellow.
Procedure to register a millionformula account.
Before we can take you through the steps to register an account with millionformula, here is a quick hack for you. On the registration page, if you click or choose to sign in with google, it will only take you a few seconds. It is the easiest and the preferred way to register at millionformula. If you don’t wish to sign in with google, then follow the steps bellow.
To Make money online by watching TikTok videos you will first of all need to register a millionformula account. To register an account go to our registration page.
On the registration page fill up the details required about you. This is information like your name, your email and password. Check the terms and conditions (Assuming that you have already read our terms and conditions), fill the captcha and then click on register button.
After you click on register button, we will take you to another page to confirm your registration. Simultaneously, we will send a confirmation to your email account. Check your email, copy the confirmation code and paste it on the confirmation page. After pasting the confirmation code, click on the confirm button and your account will be ready.
Go to the login page and sign in using your newly created account details. This is the email that you used to register the account and the password that you entered. Now your are ready to start making money online by watching tiktok videos.
Procedure to start making money by watching tiktok videos.
Before you can start making money online by watching tiktok videos, you need to log in with tiktok to millionformula. For this you can click on millionformula tiktok views program. This will redirect you to tiktok sign in page. On this page, sign in with your tiktok account to millionformula. After you sign in we will redirect you back to millionformula.
After you sign in with tiktok you will be redirected back to millionformula tiktok views program. This is the page that most of the work goes on. On this page you will see lots of tiktok videos that you can watch. Choose all the ones that you like and start watching them. You can even create a playlist of the videos you want to watch so that you can be playing one after another.
Whenever you watch a tiktok video here, our systems will detect it automatically and update your account. The systems updates your viewed videos as well as your earnings for that specific video. Remember that each and every video carries its own unique amount of money. There some that will pay you more than others.
How much money can you make by watching tiktok videos here at millionformula?
There is a lot of money that you can make by watching the tiktok videos here at millionformula. However, we can’t give you specifics. We can’t just say that you will make this specific amount of money for all videos. This is because all the videos carry different amounts of money. There are some that carry more than others. The clients are the ones who cause this difference. Millionformula does not restrict the tiktok views clients to a single specific price. We allow them some level of freedom with the pricing. This means that the clients can pay whatever amount of money they want above the minimum limit. The reason for this is to increase your chances of making more money for the views.
Think about it this way. If we made the clients pay $0.3 for each tiktok video, then that means that for any tiktok video you will ever watch here at millionformula you can only make $0.3. What if we told the clients that $0.3 is the minimum limit but they are free to pay anything else above the $0.3 of they feel like. That is if the client wants to pay $2 for each view then its okay they can, if they want $4 its fine too. This increases your chances of making more money for the views exponentially. This $0.3 is the minimum limit and not the fixed rate. Moreover there is no maximum limit. Hence the reason why i said that we cant give you a specific number of the amount of money you will be making for the views.
Payment and withdrawal
When you finish making your money by watching tiktok videos, apply for payment. This is very easy because all you need to do is just click on the make a payout request button on your account. As soon as you do this our payments department will know that you want to receive your money. They will start working on your payment immediately. This means that they will make a manual review of all your activities at millionformula just to make sure that you are following our guidelines.
As soon as the review is over, we will send your money to you via PAYPAL. Hence make sure that you have updated your payment details on your account. You can do this by adding your paypal email id on your account. However for those who have no access to paypal, we can pay you via wire transfer. Hence provide us with your bank name, sift code and your bank account number.
Can i buy my own tiktok views?
Yes. Fortunately, this service is available for everyone allover the world. Anyone who wants to promote their tiktok videos can do it here at millionformula. You can get millions of people watching your tiktok video right here at millionformula. All you need to do list your video on our general list and people from allover the world will see it and most will watch it. This not only gives you views but also a lot of publicity for your video. Another major advantage of millionformula is that we assure you its real humans watching your tiktok videos. You can prove this for yourself here at millionformula. To buy your own tiktok views just go to our sales website mediageneous.
You can make money on TikTok by collecting donations from your viewers on Livestream. TikTok allows creators to earn virtual gifts with monetary value via Livestream.
Here is how it works:
Who can buy coins and gifts?
Every user who is aged 18 or older can purchase gifts and coins from their profile. You can see the prices of the coins and gifts at the point of purchase. Once you have purchased the coins, they’ll be credited to your account.
The prices of the coins also vary. You can get 100 coins for $1.39.
There are also different gifts you can purchase. You can use coins to purchase gifts. The most expensive gift is Drama Queen. It cost 5000 coins.
What can users do with gifts?
Gifts are used during a Livestream. TikTok users can offer gifts to their favorite creators to show their appreciation. They can contribute this gift by clicking the “Give Gift” button below the relevant User Content.
What can content creators do with these gifts?
The gifts creators receive from their fans can be converted into diamonds. The creator can withdraw these diamonds in exchange for monetary compensation. The cash will be paid directly into PayPal or any other payment channel (if applicable).
Tip: Your first and last name on your profile must match your PayPal account before you can be paid. Your PayPal account must also be verified.
There’s a catch
Not every TikTok user is eligible to join TikTok’s Livestream Program. Selected users are chosen at the discretion of the platform. If you want to qualify for the program, you can do the following:
- Consistently create quality content
- Increase your number of followers
- Increase the engagement rate, likes, comments, and shares you get on your videos.
The Chinese version of the app (Douyin) adds more monetization opportunities to the Livestream Program. Creators can add links to shopping carts on their Live videos. They can also hold auctions and people can buy products from them on Live.
Hopefully, these features will soon be added to the global version of the app.
Run an influencer agency
You can make money on TikTok by managing influencers and influencer campaigns.
There are already a ton of influencer agencies for Instagram. You can do the same for TikTok.
Your influencer agency will help brands strategize, execute, and manage campaigns with TikTok influencers. Your agency will serve as a middle man between the influencers and brands looking for their services. You will help brands determine the best influencers to work with. You can take it a step further by creating a social marketing strategy to meet the brand’s goals.
If you want to run an influencer agency, you should be able to do the following:
- Identify high performing TikTok influencers with a good track record
- You must be able to develop a relationship with top TikTok influencers
- You must have expertise in running successful social media and influencer marketing campaigns
- You must be able to create successful influencer campaigns for different advertising categories. This will help you diversify your income stream.
Note that TikTok already has its in-built internal influencer program. But it is a bit expensive. Smaller brands would probably prefer to work with influencer agencies because it would help them save money.
Starting a reputable influencer agency takes time and effort. To get ahead of the curve, it’s important that you start your agency immediately. The best part is that you don’t have to limit your services to just TikTok. You can also run influencer campaigns for other social media platforms.
Bonus: How to increase your TikTok views and boost your profile
To really make money on TikTok, you need to significantly increase the number of video views you get on the platform. More views will translate into more followers and a higher engagement rate.
Along with the compulsory factor which is creating great content, here are other ways you can increase your TikTok views.
Add hashtags to your videos
Adding hashtags to your TikTok videos can help increase the visibility of your video. If you click on the Discover search tab, you will see a list of trending videos by hashtag.
For example, if you are creating a video for a viral challenge, you need to add the hashtag of the challenge to your video. When a TikTok user clicks on the hashtag link, your content would be one of the videos that show up. This will help increase the number of views you can get.
Tip: While it’s great to add hashtags to your videos, avoid the generic ones. Look for specific hashtags in your niche so that your videos can easily stand out.
Collaborate with other users
You can reach out to other users to collaborate on videos. By collaborating with other users, you increase your audience reach. If you partner with an influencer who has a huge following, you can significantly increase the number of views your videos get
To increase the number of views your videos get and also your chances of getting to the ‘For You’ page, you should post videos regularly on the platform. A ton of videos are posted on the platform per minute. To avoid getting lost in a sea of content, you need to post videos regularly.