Possessing multiple TikTok accounts is it possible? Of course, you can have up to five accounts open at once. You should be aware that if you have multiple accounts on the same device, your profile will be seen as a business account.
For A Million Views, How Much Does Tiktok Pay?
Knowing how much TikTok pays for 1,000 views is the first step in determining how much it pays for a million.
What does TikKok pay per 1,000 views then? Well, you’ll make between 2 and 4 cents for every 1,000 views. In other words, you’ll make between $40 and $50 for every million views.
Now, this is a very small payment when compared to what other platforms offer. For instance, on YouTube, the same million views will net you somewhere between $2,000 and $4,000.
Your goal of succeeding financially on TikTok shouldn’t be dashed in spite of this. We’ll discover later that TikTok offers a variety of additional opportunities to earn sizable sums of money.
What Do Content Producers Earn?
The success of any digital platform depends on its content creators. The type of content you produce and the number of followers you draw will determine how much money you make as a content creator.
On Tiktok, content creators can monetize their work in a variety of ways. These include influencer marketing and brand partnerships, sponsored events, live broadcasts, the sale of merchandise, and the Tiktok creator fund.
Attending Sponsored Events
For promotions or purely for the release of new products, most brands host events. Since the majority of influencers go to these events and even post about them, this gives them a lot of traction.
Invitations to such events are simple to obtain if you have established a reputation for yourself on TikTok. The brands are always willing to pay influencers just for their appearance and for representing them on platforms that support the brand.
You should be aware that these events are open to all Tiktokers. It’s for those with sizable followings and whose influence can aid a brand in better marketing itself.
By hosting meet and greet events, Tiktokers have also improved their performance. This provides an opportunity for their admirers to interact with and meet them. And they can earn a good living.
Charli D’Amelio, for instance, hosted a meet and greet for her fans. For simply meeting her, she charged them $100.
Content Creator Fund
The creator fund was introduced by TikTok starting in 2020. For the purpose of compensating creators for their videos and content, this fund, which had a $200 million initial budget, was established.
However, in order to receive money from this fund, you must have at least 10,000 followers and 10,000 views on your posts within the previous 30 days. You must be at least 18 years old.
If you’re eligible, TikTok will pay you per 1,000 views of your videos. In order to earn a decent Tiktok salary, you must gain more viewers.
Live Broadcasts
Being paid in this manner on TikTok is a great way to make money. On TikTok, famous creators who go live are rated by their fans using “coins.”‘
These coins can be purchased by your supporters for real money, and they can then donate the coins to your account as a token of their admiration for you. You can turn the coins you gather while doing your live broadcast into diamonds, which you can then turn into money and withdraw using PayPal.
Not everyone, however, is able to perform live broadcasts on TikTok. To begin with, in order to participate in live broadcasts, you must have at least 1000 followers. You must also be at least 16 years old.
You must first reach a minimum threshold of $100 in order to exchange the collected coins. Generally speaking, your chances of earning more money increase with the number of followers you have.
There is, however, a cap. Your potential earnings from live broadcasts are estimated to be between $2,000 and $4,000.
How Much Money Can You Make On Tiktok?
It’s a common misconception that you need a sizable fan base to succeed on TikTok. You can earn a lot of money on TikTok if you have a large following. Nevertheless, an influencer with 10,000 followers can also generate a respectable income on TikTok.
According to a report from Influencer Marketing Hub, a nano-influencer (a creator with 1000–10,000 followers) can earn between $100 and $500 for each sponsored post. A creator with 1000–50000 followers, known as a micro-influencer, can make between $1,000 and $5,000 per post.
These nano and micro-influencers are preferred by brands because, despite having smaller followings, they have developed vibrant online communities that are highly engaged with their personal brands.
On Tiktok, Who Makes The Most Money?
You might be interested to know how much money an influencer with a sizable following makes. So, here is the list of the top 5 highest earning TikTok influencers:
Charli D’amelio
The most well-known TikTok creator is Charli D’Amelio. 130.4 million people follow her right now. On the same platform, she became the first ever creator to garner 50 million followers. In just seven months, she completed this feat.
She receives 3,50,000 views on average and makes almost $1800 per day with her 9.53 million subscribers. She is only eighteen years old, but already has a sizable fan base, making her one of the most well-known TikTok Stars.
Addison Rae
Another well-known social media personality, singer, and actress is Addison Rae, who has more than 54 million TikTok subscribers. She also made it to the Forbes ’30 under 30′ list for social media influencers. She currently makes over $8 million a year from TikTok.
In one of her dance videos, Addison dances with her mother Sheri, which helped her become extremely well-known. She has a strong interest in acting and landed the lead role in the Netflix movie “He’s All That.”‘
Dixie D’amelio
Charli D’Ameio’s older sister Dixie is one of the highest-paid influencers on TikTok, which goes without saying given that she is also one of the most famous people. She earns over $10 million and has over 57 million followers.
She is extremely passionate about signing, and she even released her own song, Be Happy. It shot to the top of the Billboard Top Thriller US chart and became the most popular trending video on YouTube.
Loren Gray
American model, singer, and social media influencer Loren Gray. When she was just 13 years old, she began sharing videos on TikTok. Soon, her videos became viral, and today, she is among the highest-paid TikTok stars,
She makes more than $5 million annually. She has worked with companies like Revlon and Burger King, and she has even released her own pop songs, such as “my story” and “queen.”‘
Zach King
One of the best-known TikTok influencers is Zach King. He is known for his ‘magic vines,’ and he has even participated in the reality show “The Amazing Race” and directed several short films.
He has a $3 million net worth. He has amassed more than 40 million fans online, and he keeps enthralling people with his magical videos and spreading fresh tales around the globe.
How Can You Increase Your Tiktok Followers?
Here are some suggestions to help you increase your user base because the number of followers and views is the main determinant of how much 1 million views on TikTok will earn you in real money.
1. Understand Your Audience
TikTok users tend to be younger and female; in the UK, 24% of users were between the ages of 15 and 25. Almost two-thirds of users are female.
But the issue goes beyond the demographic. Unlike Instagram, where most posts are all about visual appeal, TikTok users prefer content that is authentic, engaging and amusing.
The content that your followers enjoy and spread is something else to keep in mind. It might be worthwhile to produce more content about makeup if you see that your tutorials on applying makeup are more popular than your yoga videos.
2. Post Regularly
If you want your videos to show in users For You feeds, you need to post frequently and regularly. Try to publish content at least three times per week, but make sure to post at the right times and with high-quality content.
3. Use Hashtags
While some might say that hashtags are a thing of the past, they can still be useful, especially if you choose specific hashtags rather than generic ones.
4. Use The Platform
Interact with followers, comment and share content from other users—all of this gives your profile exposure to a wider audience. Also, explore current trends and try to find ways to incorporate them into your video. This includes getting involved in TikTok challenges or starting your own.
5. Cross-promote Your Content On Other Platforms
It is very likely that if you use one social media site, you also use other ones. You can advertise your TikTok content on other social media platforms like Facebook and Instagram and vice versa.
For instance, you could upload the whole TikTok video to your Youtube channel or just share a few seconds of it on your Instagram story. This increases the number of people who can access your content, which broadens your reach.
Conclusion
It’s critical to keep in mind that TikTok is not a way to get rich quick. You won’t become a multimillionaire over night, and you might never pass the one million view threshold. However, you can generate a respectable income from TikTok if you’re prepared to put in the time and effort and produce high-quality content.
TikTok is not one of the highest-paying platforms out there, paying between $20 and $40 per million views. But the app offers users a lot of opportunities to monetize their presence; from sponsored videos to affiliate marketing, all you need is more than 10,000 followers to be well on your way to earning thousands, perhaps even millions.