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All Posts Term: Make Money With TikTok
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Business FirstInternet Today

The Tiktok Shopify Partnership In Focus

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The recent announcement of the Tiktok Shopify partnership marks TikTok's continued investment in social commerce. The partnership aims to help Shopify merchants, of which there are over one million, engage with TikTok's youthful audience and generate sales revenue. Ultimately, the venture will grow to encompass additional in app shopping elements too.

Early Days of Tiktok

In the past, TikTok gained notoriety for being a video platform that offered memes and entertainment. Members were not able to purchase items directly on the platform, even though it featured influencers who promoted cosmetics, clothes and domestic products. Rather, members were only able to purchase items on TikTok through adverts on the platform.

Shopify Partnership

This new arrangement permits merchants on Shopify to set up, optimize and run their TikTok advertising campaigns from Shopify's dashboard directly. To do this, they have to install the newly released channel app from TikTok that is available from Shopify's app store. After installation, merchants can take advantage of the functions offered on the 'TikTok For Business' Ads Manager.

Merchants on Shopify have come to realize the importance of discoverability, with social commerce offering the chance for independent companies to boost their brand awareness. The 2021 report from Shopify about the future of commerce revealed that fifty-four percent of younger shoppers across the world find brands through social networks. In addition, Shopify has joined forces with TikTok to introduce product links. Merchants on Shopify will use these links as product tags on TikTok, to send shoppers straight to their online stores from organic posts. Shoppers can opt to purchase from the merchants' stores directly, or click tagged products in merchants' TikTok posts.

Once merchants have set up the one click pixel in their 'TikTok For Business' account, they can activate in feed shoppable video adverts. To create these adverts, merchants simply choose the products they want to promote using templates that are designed specifically for ecommerce. These ad templates feature existing videos or imagery, so the TikTok channel is suitable for merchants of all sizes. To launch their joint venture, TikTok is offering merchants a $300 voucher to spend on their first advertising campaign.

Internet Today

All You Should Know About The TikTok Money Calculator

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If you are a tik tok influencer, you might be getting and having the best moments of your life by making a living through creativity and engagement. Tik Tok is among the fast-growing platforms that easily allow people to make money by the number of followers and content. New people to the platform and have gathered enough followers and have engaging content; it is your time to think about how you can earn your living. You can start by estimating how much you can make through the new TikTok money calculator; while most people get confused for their first time to find the correct calculations for their earnings, here is what you need to know about this device:

What is the new TikTok money calcualtor?

This should be the first question that clicks your mind once you think of the device and what you want to get from it; you can answer this if you know what the device is; it can help you calculate your potential earnings derived from every profile that is on your platform. You should know that the calculator is not official, but it is offered by the app, which means it wasn't developed or getting any endorsement from tik tok. It does not give you an exact amount you will earn but gives you an estimation of what you will make from your content.

How does it work?

If you already have the tik tok extension, this will be a simple thing to do; you should start by entering your profile's username, which you intend to calculate, remember it is the username you use but not the official name. After entering the name, you should click on the calculate option, and automatically the extension will calculate and provide the information concerning your earnings and engagements. You should know that the calculations are done differently based on the various information and data available on the user's profile. The necessary details to conclude on the earnings are followers, average comments, score, engagements, shares, and likes. With all this information, the tool will provide you with the estimated earnings per video.

Internet Today

The Future Is Now For TikTok Deals

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While everyone else seems to be slumbering through the pandemic, TikTok seems intent on building a mighty digital empire. On all fronts, TikTok seems to be making deals and sewing up talent and sponsorships.

TikTok Business Partners

There seems to be a sense of real urgency in their efforts to embed themselves deeply into the social fabric of the nation. This could of course just be intelligent business practices, but it may also perhaps be fueled by TikTok's near-death experience at the hands of Donald Trump. If the matter ever comes up again, they apparently want plenty of native allies and business partners available to speak on their behalf.

The company has recently been expanding hard into partnerships with major sports leagues. The most recently announced deal comes via twin Major League Soccer franchises. The Portland Timbers of the men's league and the Portland Thorns of the women's bracket have agreed to long-term sponsorship deals with TikTok which will include the addition of the well-known TikTok logo on the jersey sleeves of their upcoming 2021 season. While the company will not own the coveted front of the jersey, they are nevertheless making their mark. Few doubt that this is just the opening move in a long term strategy to make the company ubiquitous, especially among the younger generation.

Other recent sports-oriented moves are built around hosting live events for the increasingly popular UFC and, over in Europe, sponsoring the 2020 EUFA Football Tournament. All of these efforts show their eagerness to build a lifestyle brand that is much larger than just the original short-form video platform. What they clearly have in mind is an idealized user who has interests in the many things that TikTok is now partnering up with.

Long-Form Version of Tiktok

With significant recent acquisitions being booked in both the sports and music fields, one has to wonder what will come next on the corporate platter of delicacies? In particular, the many sports moves suggest that there are plans for a long-form version of TikTok on the horizon. Showing snippets of UFC or MLS action is nice highlight reel stuff, but the big money is still found in broadcasting the games themselves.

Internet TodaySoftware Sensations

TikTok Moves Boldly Forward In Music Rights Acquisition

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For a very long time there has been a bit of a standoff between musicians and their legions of fans who'd like nothing better than to use a bit of their favorite song in their own video productions. Rights have been hard to secure and prohibitively priced to the point where most content creators just don't try obtaining them or go guerrilla and hope they don't get caught for a long time. That logjam seems to finally be breaking loose and the dammed-up river of creative content is about to become a torrent.

TikTok Universal Music Group Agreement

Recently, content platform TikTok has announced an agreement with music rights management behemoth Universal Music Group that permits TikTok users to access all, repeat: all, of UMGs content. This follows on the heels of several other agreements with firms such as Sony and Warner. Unlike notoriously-restrictive YouTube, TikTok has apparently decided to partner up with its content providers rather than rigorously police them for rights violations where everybody ends up the loser.

TikTok Revenue

Musicians can now get an extra stream of revenue for their work. Content providers now have access to high-quality material to enhance the production qualities of their output, and the large corporate entities which stand on both sides of the divide now have a perfect win-win situation for their own bottom lines.

Of course the devil is always in the details, but TikTok's aggressive pursuit of access to what appears to be all music everywhere signals that it wants to be the premier place for content creators worldwide. On the face of it, it seems that creators can now access these rights virtually automatically. How the TikTok Universal full catalog arrangement provides payment with the rights holders is not clear at the moment, but it appears that they are paying for the music rights on behalf of all their users and then getting repaid out of the profits generated from viral content.

The real question now is whether other content platforms will follow TikTok's example or are already doing so. With the near-simultaneous news that UMG has pulled access from TikTok competitor Triller, there is likely to be some significant deal-making action among other industry players in the near future. The possibility of bidding wars heating up cannot be discounted either if this proves to be a highly profitable move by TikTok.

Internet TodaySoftware Sensations

Reddit Buys TikTok Rival Dubsmash

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Reddit recently announced its first major acquisition with purchase of Dubsmash, a TikTok-like social media site where users upload short-form videos. While the terms of the deal were not disclosed, Dubsmash recently raised $20.2 million from investors including Heartcore Capital, Lowercase Capital, Sunstone Life and Index Ventures among others.

From what has been publicly revealed about the deal, Dubsmash will continue to operate as a separate platform. The driver for the purchase is to integrate Dubsmash's video creation tools into Reddit which, while it has supported video uploads since 2017, has limited video editing tools with the videos posted on the site often hosted elsewhere.

All About Dubsmash

Dubsmash was launched in 2015 as a video app where users could lip-sync to popular music. It struggled in the first few years of its existence but in 2007 it pivoted to become a full social media platform and moved its operations from Berlin to Brooklyn. Since then it has seen increased popularity and now has the largest share of the US short-form video market aside from the leader TikTok, based on app installs. Reportedly Dubsmash also held talks with Facebook and Snap about a possible acquisition before the Reddit deal was inked.

About Reddit

Reddit was founded in 2005 in San Francisco and bought by Conde Nast the following year. In 2011 it was sold, though the parent company of Conde Nast, Advance Publications, retains a stake. Last year it raised some $300m in funding from range of investors, including Sequoia Capital and Andrew Horowitz, valuing it at over $3 billion. The company has 700 employees compared to Dubsmash's 12.

One of the distinguishing features of Dubsmash is that it has a large user base of Black and Latinx users who are credited as the main reason for the site's success. TikTok's highest profile stars are white and the New York times published an article earlier this year claiming dance moves by Black creators on the site were often appropriated by TikTok users without giving credit to the original creators which meant that they missed out on larger followings and brand deals as a result. Reddit said in a statement that it regarded the purchase of the company as a part of a greater effort on its part to be more inclusive - the company has faced criticism in the past for racism after allowing hate-speech to be hosted on the site.

Internet Today

TikToks Millionaires: The 7 Top Earners You Should Know

Although first released in China for the Chinese market in 2016 as Douyin, TikTok quickly became a platform for entertainment around the world. By the end of 2020, it has launched the careers of thousands of personalities, many of whom are using the platform as a means to earn a living. In less than 36 months, TikToks millionaires have made some serious cash and are still doing so. Here are 7 of its top earners.

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1. Spencer X

Earnings: $1.2 million
Spencer Polanco Knight, better known as Spencer X, initially promoted his beatboxing skills through YouTube, later combining his YT earnings with sponsorships to become a TikTok millionaire by the age of 28. After dropping out of college, Spencer X started his beatboxing career busking, and was even part of a bluegrass group. His popularity as a beatbox artist grew when he began posting on YouTube and on TikTok in 2019.

2. Michael Le

Earnings: $1.2 million

Michael Le, better known as JustMaiko was one of the pioneer content creators on Tik Tok, back when it was known as Musical.ly. Le is a dancer and choreographer who offers multiple posts on his Tik Tok account daily for his nearly 5 million followers. Other than creating dance and challenge videos, Le also earns through paid partnerships using Instagram and merchandise sales with his Shluv clothing line.

3. Josh Richards

Earnings: $2.5 million

Josh Richards is a Canadian Tik Tok star who is also currently the highest-paid male content creator on the platform. Richards provides content on Tik Tok, YouTube, and Instagram where he posts video clips of his performances. He co-founded Ani Energy and TalentX Entertainment and is the Chief Strategy Officer of Triller. He has accumulated north of 20 million followers on the TikTok application.

4. Loren Gray

Earnings: $4 million

Loren Gray is another Tik Tok pioneer - that is, she was on the platform back when it was known as Musical.ly. She started posting when she was just a 6th grader. These days, Gray is focused on her music career which she began promoting by creating content and building her TikTok followers. By the middle of 2020, she had nearly 50 million followers on the platform.

Internet TodaySoftware Sensations

How To Monetize Your TikTok Account

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According to Business Insider, a sponsored post on TikTok can make an average of $0.01 to $0.02 per view. Loren Gray, a famous TikTok user, earned $2.6 million in 2019 for creating sponsored posts. Companies are paying TikTok influencers between $200 and $20,000 per branded video promoted.

If you have thousands of TikTok followers, you should consider monetizing your account. You might want to know how to monetize your TikTok account. The following tips will help.

1. Influencer Marketing

In influencer marketing, you use your TikTok videos to promote brands/products/services. You endorse products in your videos with the hope of generating sales.

The highest TikTok earners engage in influencer marketing and some of them earn six figures. To succeed in influencer marketing, you need to have an engaged user base. You can only influence people to make purchasing decisions if you can engage them.

The TikTok influencer calculator will help you to estimate your possible influencer earnings based on your number of followers and engagement.

2. Publishing Sponsored Posts

You can earn money by publishing promotional videos of brands in your account. With an average earning of $0.01 to $0.02 per sponsored view, a video of 100,000 views will earn $1000 in sponsorships.

If you have a following on TikTok, you should consider reaching out to brands and informing them how you can market their products using sponsored posts.

3. Selling Your Products

This is the easiest way to monetize your TikTok account if you don't have a huge following. You can use TikTok to promote products that you are already selling elsewhere.

TikTok offers you a free platform to sell your products or services. If for example, you own a river rafting service, you can take 15-second clips of raft trips and post them on TikTok.

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