Before now, TikTok creators and influencers were the ones making money on TikTok mainly from gifts they receive from their fans and deals they have with brands they promote. But that has changed.
TikTok users who watch millions of interesting videos to educate and entertain themselves can now make money.
Are you a TikTok audience who wants to learn how to make money on TikTok by watching videos? Then you have to stick around because this guide will show you two different legit ways to make that happen.
Although you can’t become a millionaire by just watching TikTok videos, you can earn small amounts that are worth the time you invest in watching videos on TikTok.
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Making money watching TikTok videos
Social media platforms are looking for ways to put some money in the pocket of their audience who consume videos creators make. They understand that they and creators will be out of business if there is no audience to consume the video content.
The competition is so intense that even video creators who make money from their videos are looking for ways to reward their audience who spend time watching them.
TikTok is not left of this trend and has taken some measures to monetarily appease audience who consume videos on their platforms. Let’s look at them below.
1. TikTok Bonus
Tiktok recently launched this feature which is available in Latin American countries. This feature gives you a link as someone that consistently watches videos on Tiktok.
What do you do with this link?
It is a referral link that rewards you with some coin anytime someone downloads Tiktok app from your link. The amount will increase depending on the rate at which your referral uses Tiktok. Of course, we all know the Tiktok audience mainly watches videos.
So the more videos your referrals watch, the higher the amount you make from them. This coin can be exchanged for real money.
If you regularly watch videos on Tiktok, log in to your Tiktok account to see if this Tiktok Bonus feature is available in your country. You can grab your referral link and begin to share it with your friends.
When you get many people to download Tiktok app and watch videos, go to your Tiktok profile and select Coin icon. You will see it in the upper left. Open it to see how much you have made by inviting people to download Tiktok and sign up for an account.
Apart from making money by referring others to download Tiktok app and watch videos, you too can earn money watching Tiktok videos marked with Tiktok Bonus icon.
Here are the steps to take:
- Enter the Tiktok Bonus icon found in your profile
- Click on Watch videos
- Watch the videos marked with Tiktok Bonus while the bar gets filled
Note: For you to earn coins, you must watch videos marked with the Tiktok Bonus icon from beginning to end. Within 5 minutes after watching, the coin you earned will reflect in your balance.
These coins are virtual currencies you can exchange for real money and withdraw via PayPal. Tiktok reward program fees vary from country to country.
Limits for Tiktok Bonus
There are limits to the number of coins you can earn from watching videos marked with bonus coins. Tiktok pays you 100 coins for every 5 minutes of video you watch and you can watch a maximum of 25 minutes of Tiktok Bonus video for a day.
If you do the calculation, you will see that you can earn a maximum of 500 coins per day by watching Tiktok Bonus videos. That’s not bad for someone that is entertaining themselves and at the same time earning money online.
You make approximately €25 or $30 for every 3125 Tiktok Bonus coin you earn. Going by a maximum of 500 coins per day, you need to watch Tiktok Bonus videos for 7 days to earn $30.
Withdrawing your Tiktok Bonus video earnings
Depending on your location, you can withdraw your money through PayPal, bank account, or airtime top-up on your mobile phone.
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2. Earning money from watching Tiktok videos through Zynn App
Zynn App is a fast-growing platform where you can upload, watch and comment on Tiktok videos. It has a reward program for users who can dedicate 20 seconds of their time to Tiktok videos.
Its reward program is like that of Buzzbreak where you read news from different websites and earn some coins. Some Tiktok users who make money from Zynn app say it is legit.
Zynn App pays you through PayPal but you have to connect the app to your PayPal account.
How to make sustainable money from Tiktok ( Not Watching Tiktok Videos)
I know you want to make money on Tiktok, but watching videos where you earn coins that can’t amount to $50 a week can’t take you there.
It is not sustainable and you don’t have control over how much you can earn. That’s why you must think of taking bold steps to learn how Tiktok gurus are making a living from this social media platform that has one billion users worldwide.
Are you ready?
Let’s look at the best way to make a sustainable income from Tiktok.
Become a Tiktok video creator
Creating videos to entertain or educate your audience is the best way to make lots of money on Tiktok. Tiktok users crave entertaining content and you will become their darling if you can deliver such videos consistently.
Before you know it, your audience base and followers have grown. By then you have graduated from a video creator to an influencer on Tiktok who can easily monetize video content.
Ways to make money as a Tiktok video creator & influencer
Below are popular ways Tiktok video creators make money:
1. Virtual gifts
Live gifting is one of the features Tiktok has for creators that want to monetize their content. When you live on Tiktok, your fans and audience who enjoy your content can give you virtual gifts to support and appreciate you.
These gifts are in the form of coins represented by images that users buy from Tiktok and give to video creators during live streaming. You can redeem these gifts in cash and withdraw them into your bank account.
2. Sponsorship deals
Brands will approach you to promote their products and services especially if they see potential customers in your audience. If you pay attention to videos of some Tiktok influencers you follow, you will notice they promote brands that partner with them.
Some influencers with over 1 million followers earn as much as $500 each time they promote a brand in their videos.
3. Sell your products
Create a physical or digital product and sell it to your fans. You can set up an online store on ecommerce platforms like Shopify, add your digital or physical product and drive your fans to it. Luckily, Tiktok allows you to add a link in your bio.
So you create video content that is related to what you sell in your store, write a description and add a call to action which can be ” Click the link in bio to learn more”.
4. Join Tiktok creator fund
Consider joining Tiktok creator fund when you have built large followership on Tiktok and when your videos get many views.
Tiktok pays you for your videos that get many views. It is similar to what you get on Instagram when you get paid for huge engagement on your content. However, the creator fund is exclusively for creators in certain tier one countries and there are requirements you must meet.
Let’s look at them below:
- You must live in US, UK, Germany, Italy, and Spain
- You must be 18 years and above
- Your account must adhere to Tiktok’s community guidelines
- You must have a minimum of 10,000 followers
- Your videos must have had 100k views in the last 30 days
Watching Tiktok videos to earn coins vs. Being Tiktok video creator
Without being told you know that being a video creator on Tiktok has the potential of earning you more money on Tiktok. Watching videos marked with bonus coins that don’t worth up to $50 a week is a waste of time if you want to make a living from Tiktok.
Being a Tiktok video creator offers you the opportunity to earn money from different means which I stated above.
Final thought on how to make money on Tiktok by watching videos
Watching Tiktok videos marked with bonus coins and using the Zynn App to upload and watch Tiktok videos are two ways to earn money watching Tiktok videos. But are they sustainable? No, because at best you can earn $30 per week since there are limits to the number of coins you earn per day.
That’s why you should consider being a Tiktok video creator if you plan to earn a huge amount on Tiktok. It requires you to be creative and understand what your audience wants. It also involves putting in time and resources because the financial reward is worth it.