TikTok influencers earn a decent amount of revenue through multiple ways, and you can calculate their earnings through a TikTok money calculator. If you want to know what a TikTok money calculator is and how you can make money through TikTok, this article is for you.
TikTok and influencer marketing are two of the most popular buzzwords today. Almost anyone with a TikTok account aspires to become a TikTok influencer and earn money. If a stay-at-home mom influencer or a water park worker who became TikTok viral earns money on the platform, why can’t you?
TikTok offers the chance to make money to anybody with a knack for creating fun and engaging short-form content. So, if you want to generate income on TikTok and calculate your earnings, read to the end of this article.
How are TikTok funds calculated?
TikTok doesn’t really lay down the specifics of calculating TikTok funds. The platform only claims multiple factors influence the calculation, including the number of views and engagement. Due to the ambiguity, many developers created tools like a Tik Tok calculator to identify the estimated earnings of a content creator or TikTok influencer.
However, TikTok does not officially endorse these TikTok payment calculators. These are only developed by influencers to help aspiring influencers or curious viewers get an idea of potential earnings on TikTok.
An example of a TikTok money calculator is one developed by Influencer Marketing Hub. The TikTok money calculator is also a TikTok rate calculator, allowing you to estimate a particular creator’s engagement rate.
Aside from earning through published content, creators and influencers can make money via TikTok Live through gifts. The internet also has different TikTok live money calculators you can explore to know how much influencers earn through Live gifting.
What are the best TikTok money calculators?
There are tons of different TikTok money calculators online that are helpful if you are thinking of earning through TikTok. Knowing how much you should earn makes it easier to plan your TikTok account’s growth.
To help you out, we’ve searched the internet for some of the best TikTok money calculators, and this is what we came up with:
TikTok Money Calculator by Influencer Marketing Hub
This TikTok money calculator by Influencer Marketing Hub is free, straightforward, and easy to use. You input the creator’s total number of followers, likes, and videos. After placing the required data, the calculator will show you the creator’s engagement rate and estimated revenue per published content.
Exolyt TikTok Money Calculator
Second on our list is the TikTok money calculator developed by Exolyt. It’s easy, but limiting. The tool’s estimation may not be as accurate as the calculator by Influencer Marketing Hub because you only have to input the creator’s name on Exolyt’s TikTok money calculator.
TTCalculator
TTCalculator is very similar to Exolyt’s calculator, where you only have to input the influencer’s username to view their estimated earning. This TikTok money calculator is simple but doesn’t give away an influencer’s engagement rate.
Are TikTok Money calculators legit?
Knowing that TikTok money calculators aren’t directly affiliated with or endorsed by TikTok, it’s understandable for you to be hesitant to use them.
You might fear getting your PC hacked and data stolen or getting banned from using TikTok due to external tools integration. We hear you, and we know it’s okay to feel hesitation or fear as it causes you to be cautious in using random tools and software found on the internet.
However, TikTok money calculators are legit in a way that a lot of these calculators are developed by reputable companies to help their users get an idea of how much influencers make. But always remember that these calculators don’t give accurate results. They only produce estimated figures.
While most of these calculators are legit, always be wary and only use tools developed by credible developers or companies.
How much does TikTok pay?
Now that we know what a TikTok money calculator is, the next question to answer is how much TikTok pays its content creators.
How much is 1 million points on TikTok? How much money is 1,000 views on TikTok? According to Mashable India, TikTok creators receive around $0.02 to $0.04 for every thousand video views.
As mentioned, TikTok Live is another way creators earn money on the platform. Live streamers earn money by receiving emojis from their followers and viewers. Followers who intend to tip their favorite creators can send TikTok coins in the form of emojis.
The coins will then become diamonds that creators can cash in for actual money. There’s no fixed value for TikTok coins as it depends on exchange rates.
To know the estimated revenue for TikTok coins, you may use a TikTok money calculator for gift points.
What are ways to earn money on TikTok?
Millions of TikTok users are already earning money through different ways. If you want to be one of them, take note of the different ways to make TikTok cash.
Join TikTok Creator Next
Creator Next is the portal to all of TikTok’s monetization features. According to TikTok itself, the aim of Creator Next is to help creators monetize their content as they build and develop their TikTok communities.
Upon joining TikTok’s Creator Next, you will gain access to features and tools that allow you to turn your content-creation creativity and passion into something bigger, whether you want to do it as a business or a side hustle.
To be a part of Creator Next, you will have to meet the following criteria:
- Be 18 years old or older
- Have a minimum of 100,000 authentic views in the last 30 days or one month
- Posted at least three videos in the past 30 days
- Meet the minimum follower count of 10,000
- Manage a personal TikTok account that meets the platform’s guidelines
- Link a valid digital payment account
Collect diamonds
One of the trendiest ways to earn money on TikTok is through Live gifting. The platform allows users to tip or gift creators during a Live broadcast.
The platform tracks the number of gifts a creator receives to determine the popularity of their Live broadcast. TikTok then converts the tips into Diamonds, which creators can exchange for actual cash.
With this, the money is on the Diamonds. To collect Diamonds, creators must consistently host creative and engaging Live broadcasts on TikTok to make fans want to send tips or gifts.
TikTok values its Diamonds at only 50% of the coins’ value. In other words, creators get 50% while TikTok keeps the remaining half. So, if a user gifts 1000 coins to a creator, the creator and TikTok get 500 coins each.
However, not all TikTok creators are eligible to earn Diamonds. If you want to collect Diamonds, you must meet the following criteria:
- be part of the platform’s Creator Next program
- be 18 years old and up, except for Japan and South Korea, where they must be 20 and 19, respectively.
- have at least 1000 followers
- run a personal account for at least 30 days
- broadcast from a personal TikTok account
- reside where TikTok Live gifts are available.
If you’ve already met the mentioned criteria and want to estimate TikTok Live earnings before hosting a Live broadcast, you may check out several TikTok money calculators online.
Publish sponsored content
The different eligibility requirements for TikTok Live gifting and the Creator Fund may make it challenging for you or other creators to generate income through the platform. Perhaps you live somewhere the program isn’t available, or you have not reached 1,000 followers yet.
Luckily, there are alternate ways to monetize your TikTok account and generate an income. One of the best alternatives is through publishing brand-sponsored content.
In recent years, influencer marketing has become very popular, with different brands looking to collaborate with influencers. These collaborations involve publishing sponsored TikToks and helping promote a brand and its products in a creative and engaging manner.
When done right, these partnerships will flourish and become very lucrative, allowing you to earn millions of dollars. Charlie D’Amelio, today’s highest-paid TikTok influencer, earned approximately $17.5 million off TikTok.
How much you can earn through sponsored posts on the platform depends on your follower count. Brands use the figure to determine your influence and how much reach your posts can achieve. On top of your follower count, brands also consider your niche, engagement rate, and content quality.
Here is an example of how much each type of follower may earn on TikTok:
- Mega influencers with over 1M followers may earn over $2000 per post
- Macro influencers with 500K to 1M followers may earn a thousand to $2000 per post
- Mid-tier influencers with 50K to 500K followers may receive at least $125 to $1000 a post
- Micro-influencers with 10K to 50K followers may gain $20 to $125 per published content
- Nano influencers with 1K to 10K followers may earn an estimated $5 to $25 per post
Hence, you can see how much impact the number of followers has on an influencer’s earnings on TikTok. You may use a free TikTok money calculator if you want to compute an influencer’s earning and engagement rate.
Collaborate with another influencer
A good strategy is to collaborate with another TikTok influencer in the same niche if you are a budding influencer and you aspire to increase your TikTok reach and presence and eventually earn more money in the long run.
Most mid-tier to mega influencers don’t usually collaborate with beginners as they also strive to increase their presence and earn more, but a few micro and nano influencers will.
In doing so, always remember to partner with influencers with a clean track record and veer away from those with problematic ones, as they usually have more bashers than supporters. You won’t want to deal with them.
You may seek the help of an influencer marketing agency should you want to become an influencer and collaborate with multiple brands and co-influencers. Our recommended agency is The Influence Agency. You can check it out on our The Influence Agency review.
Sell products
As an outcome of the famous community-driven #TikTokMadeMeBuyIt trend, the platform officially launched the TikTok shop, where users can find, shop, and sell different products. TikTok Shop is a digital storefront you can use to sell your products or merchandise to earn more income.
Brands can also tap affiliate creators to sell their products on the creators’ channels. If you are an influencer, you can publish sponsored posts, collect Diamonds, work with another influencer, and sell products. TikTok is a wonderful platform to earn revenue through multiple income streams.
Aside from selling products, you may also use TikTok to post teasers or short clips of your premium content to entice your viewers to pay you and watch your paid content. You may publish premium, paid content on Patreon. Learn more about the platform in this Patreon review.
TikTok is a great app to earn money
TikTok is an incredible app for you to earn money. Once you have established your reputation as an influencer, you may make a living out of it. For now, you may start by finding out how much top influencers earn through a calculator and gradually venture into the different ways to make money on the platform.
Now that you know how much TikTok influencers earn and the ways to generate TikTok income, this article on “TikTok Influencers: What They Are & How To Become One” might interest you.
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