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Have you also spent hours scrolling TikTok videos? Those tiny videos are so enticing to watch that you can't stop scrolling. Some people dance on trendy moves, others just do some pranks, while some choose to share a quick recipe – TikTok has all kinds of content.
Affiliate Marketing
If you do not want to opt for long-term brand collaboration, you can partner up with a brand to do a sponsored post. All you need is a decent following and a high engagement rate to attract brands towards you.
TikTok has not yet disclosed its payout structure. However, according to the estimates, it pays 2 and 4 cents for every 1000 views. Therefore, for a creator who has 1 million, he/she/they will get paid between $20 to $40.
The creator marketplace facilitates partnerships between creators and brands. It provides creators with support by providing various tools and tips for creating sponsored content. Moreover, it provides brands with analytics of the creators and makes it easier for them to choose the 'right' influencer for their brand.
On TikTok, you can earn virtual gifts from your followers by doing a live stream. Virtual gifts can be animations, stickers, badges, etc. They can be purchased through coins by going to the 'Balance Tab' in the settings. As a creator, you can also collect diamonds during the stream.
As per a report by Influencer Marketing Hub, a nano-influencer (creator with 1000-10000 followers) can make around $100 to $500 per sponsored post. A micro-influencer (creator with 10000- 50000 followers) can earn $1000 – $5000 per post.
She earns more than $5 million. She has collaborated with brands like Burger King and Revlon, and she has even released her own pop tracks like 'my story' and 'queen.'
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