Hey there! Have you ever wondered how to make money On tiktok in nigeria and if you can make a living off of TikTok? Well, the short answer is yes, but it’s not easy.
The platform doesn’t offer much ad revenue to its creators, so most successful TikTokers rely on sponsored posts, merchandise sales, and building a large following before they can quit their day jobs.
Forbes reports that the biggest TikTok influencers, like Khaby Lame, Charli D’Amelio, Michael Le, and Josh Richards, made at least $1 million. However, most of that money comes from sponsored content for big brands and sales of their own merchandise, rather than ad revenue.
TikTok recently launched its Creator’s Fund, which allows creators to earn a small amount of money from ad revenue. But, according to many content creators, the fund is underfunded and only provides a few dollars per day.
How much can you make with 1m views on TikTok?
Roughly, a video creator will earn $2,000 for every million views.
On average, creators using the Creator’s Fund report earning between 2-4 cents per 1,000 views, which means that a video with 500,000 views would only make around $20. However, creators with tens of millions of followers can make between $100,000 to $200,000 annually from the Creator’s Fund.
How To Make Money On Tiktok In Nigeria
Aside from ad revenue, most TikTok earners make money through sponsored posts, product placement, and merchandise sales. The amount they can make depends on their follower count, location, and the type of account they have. For example, a fashion account might be easier to monetize than a pimple-popping account.
How Much Can You Make On TikTok
When a creator gets close to 10,000 followers, smaller brands might offer $100-500 to mention them in a post. With more followers, creators can charge higher rates for sponsored content. In an interview with Business Insider, a fashion influencer with 250,000 followers said she posts five times a week, and two or three of those posts are usually sponsored. Her rates for sponsored content are between $200-$600 per post.
TikTok also has a Creator Marketplace, where brands and marketers can contact creators directly to negotiate deals for promoted content on their channels. TikTok also makes it easier for creators to sell merchandise with a Teespring integration.
How to Get 1K TikTok Followers in 5 Minutes
If you want to gain 1000 TikTok followers in five minutes, there are companies who sell followers for fast pleasure. However, be warned that purchasing followers has dangers, as many organizations may not be reliable.
It’s worth noting that TikTok is rigorous about phony followers and aggressively opposes followers purchases. If you decide to purchase followers, it is critical to find a reputable company to avoid problems.
Organic growth is another approach to increase your followers. While you won’t get 1000 followers in five minutes, sharing material on a regular basis, utilising hashtags, and engaging with other influencers can help you grow your organic following dramatically.
Unlike purchased followers, organic followers are more likely to engage with your content and provide sustainable growth over time.
While it’s unlikely that you’ll earn a lot of money from just one TikTok video, you never know what video might go viral and become popular. So, keep creating and have fun!