HOW TO EARN USING TIK TOK - 2020

TIK TOK  is an social media app which has really flamed up in popularity around recent times. The amount of eyes on this platform is growing insane day by day with total downloads of this app crossing around 500 Million plus and 200 Million plus registered users and 13 Million Video uploads daily.Though TIK TOK was Banned in certain states of India, due to its enormous popularity it existence become inevitable.Now Can we EARN using TIK TOK? and the answer is YES!!! Some had also made an 6 Figure income using TIK TOK. They are called Musers in Musical.ly platform.

HISTORY OF TIK TOK

                 Developer      - Bytedance

                 Development - 200 Days

                 Launched       - September 2017

                 TIK TOK Spend $ 1 Billion to merge with Musical.ly on 9 Nov 2017

                 TIK TOK & Musical.ly Merges - 2 Aug 2018

                  Available in 33 languages globally.

                  Douyin was launched along with TIK TOK  but was specially designed for Chinese market due to their strict censorship.

EARNING OPPORTUNITIES IN TIK TOK

                            Like Youtube and Adsense , TIK TOK has not yet derived with an partner program to monetize and shares revenues with its users on its platform, but news soread is that TIK TOK beta version has an option opened for monetization, lets wait.But this doesnot not limit the Musers from stopping earning, through following ways we can make a quite bit of money , say if we have an considerable amount of followers.

                                              1. Gift Coins

                                              2. Brand Sponsoring

                                              3. SOP (Selling others product)

                                              4. SYOP (Selling your own product)

1. GIFT COINS

When one Muser goes live their followers can support this by sending emojis to them and these emojis adds up to the Musers which he or she can redeem back as coin. To send the emojis the user must first purchase  emojis with real money and this is one of the way how TIK TOK earns $3.5 Millions globally.The loyal fan base in this platform is so high which made creator Drea Knows Best to say that if a TIK TOKER say, 'Hey, guys, I’m partnering with Burger King, everyone go and buy a burger,’ they will go and buy a burger because they trust the influencers on TikTok and they’re loyal to them.Fans can also directly sponsor their favorites stars videos or even their short films if they are planning to go for it.I Have heared many TIK TOK stars who have also got an role to play in Big screen cinemas. Influencer Marketing Hub says businesses used to shell out as much as $20,000 per video ad on Musical.ly. TikTok rates are likely similar.

2. BRAND SPONSORING

If you have a good number of Teen & Pre-Teen followers , Companies may contact you to sponsor their product on your videos, like wearing their logo shirts or directly recommending your audiences to use their products or apps . Unlike YouTube and Blogs your earning s is not dependent upon the number of viewers or any others criteria. I have heard many stories of newly released songs being promoted by Musers and being paid around 80,000 to 1,00,000 lakh depending upon their fans base.Another story of 21 year old Vicky Banham being invited by an marketing company to their attend their opening ceremony at Ibiza,there was no deal linked to the trip beyond expenses being paid, nor any requirements for Banham to post about the event on her profile: “They just wanted some TikTok people there.” You can read the entire story at BBC Website.

3. SOP & SYOP

This is same as Brand sponsoring, but whereas you will promote your own products, if you have one. Once you gain popularity and became famous you can become your own product ambassador.There are also other ways like directing traffic to your website through TIK TOK. Remember all of this only possible only when you get an strong fan base, so first start to create an fan base by regularly posting videos with new ideas and on sensational topics.Once you have an loyal fan base the inflow is inevitable.

AYE OF TIK TOK

• Great platform for showcasing talents.
• Earning opportunities for many Teens.

NAY OF TIK TOK

• Misuse of this platform by targeting Teens is on hike.
• While their are Effective Earners there are losers too.
• A good time and Mobile data scrapper.

PERSPECTIVES

TIK TOK is an great Social media platform ,if it is used for its intended purpose alone.The influence and craze is so high which has made law makers to become law breakers.We have seen Police performing TIK TOK with accused by torturing him to act along with them.Lets wait to see the greater extent of this platform for good cause.Happy BLOGGING!!!

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