This Is How Much Money You Can Earn On TikTok

A detailed breakdown of monetization on TikTok.

Jenna Patel, B.S.
Predict

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Image by Author on Canva

Have you thought about creating a TikTok? Chances are, if you are a freelancer, you have heard all the hype around TikTok and have wondered whether it would be a good investment of your time. While there is an abundance of resources that highlight the high earning potential on social media platforms, like YouTube and Instagram, there is little transparency regarding earnings on TikTok.

However, as the platform has grown with time spent on the app increasing from 442.9 minutes in October 2019 to 858 minutes in March of 2020, so have opportunities to make a living on TikTok. Estimates suggest that a TikTok content creator with 100K followers can earn on average between $200 to $1000 per month and a TikTok content creator with 1M+ followers can earn on average between $1000 to $5000+ per month.

Moreover, popular Tiktok influencers, such as Jorden Ray, Addison Rae, Charli D’Amelio, Brent Rivera, and Cassey Ho, have been able to earn thousands of dollars through a combination of brand sponsorships, live streams, merchandise sales, and cross-platform promotion.

However, you are probably wondering, how feasible are these earnings, and is this something that is within everyone’s reach? Let’s find out by taking a deeper…

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Jenna Patel, B.S.
Predict

A writer, student, and intellectual sharing my knowledge and thoughts with the world.