How to Make Money on Tiktok in Nigeria (2024)

TikTok is already the most popular short video streaming platform, if not yet. This social media network caters to a wide range of users. You will have a lot of fun with this media, which includes everything from humorous animal films and trendy dances to clever graphic mimes and popular songs. Furthermore, TikTok can be utilized to earn money and establish a profession as an influencer. Where and how do you begin, though? Read our in-depth guide on making money on TikTok in Nigeria.

HOW TO MAKE MONEY ON TIKTOK IN NIGERIA (2024)

Is it possible to make money on TikTok? This is a question that a lot of Tiktokers pose. Below are answers to that.

JOINING THE TIKTOK CREATOR FUND

The Creator Fund on TikTok compensates creators for generating interesting and popular videos on the platform determined by the number of views they receive.

ELIGIBILITY REQUIREMENTS:

• You must be 18 years old or older to join in TikTok’s creator fund program.
• You must be a legal resident of Nigeria.
• Obtain a minimum of 10,0000 genuine followers on Twitter.
• In the recent 30 days, you must have received at least 100,000 genuine video views.
• You should as well publish original videos in accordance with TikTok’s rules and guidelines.

SELL MERCHANDISE TO TIKTOK USERS

Another of the best things about being a social media influencer is that you can utilize your following to sell products. You can leverage your platform to offer artistic creations, t-shirts, clothing lines, and other items to your fans as part of your influencer marketing strategy.

CREATE SPONSORED CONTENT

Sponsored posts are just another method to make money with your TikTok account. You can work with brands and publish paid advertising as a social media influencer to positively affect products and services.

GENERATE REVENUE FROM TIKTOK ADS

TikTok advertising provide excellent opportunity for businesses to expand their customer base. Using in-feed video advertisements, branded Hashtags, brand takeovers, and branded effects, anyone can make some cash with TikTok For Business. This will assist you in generating some nice ad cash.

ACCEPT VIRTUAL GIFTS

This sounds interesting, isn’t it? Users of TikTok can buy gifts and coins directly through their profiles. Their virtual gifts and coin payments can subsequently be given to their favorite TikTok creators. This will happen during live TikTok videos, and artists will be able to cash them in for actual money.

GROW AND SELL TIKTOK ACCOUNTS

Organizations may want to establish a presence on TikTok but just don’t know where to begin. You can assist them out by offering TikTok accounts and organically gaining followers in a specific area. If you want to make a side income out of flipping TikTok accounts, you’ll need to have a solid strategic plan, communicate with followers on a daily basis, and upload new content on a constant schedule.

MANAGING PEOPLE’S ACCOUNTS

You may also profit from TikTok by providing creator management services. You can provide your services here by assisting them with a content management, such as fulfilling content creation objectives, maximizing offers, and assisting them in growing their audience.

Moreover, operating as a go-between for a TikTok creator and a company, you may also handle influencer campaigns. As more of an influencer campaign, you assist businesses link with TikTok influencers and ensure key campaign tasks are achieved in exchange for payments.

BECOME A BRAND AMBASSADOR

Businesses are constantly on the lookout for influencers to assist them direct people to their offerings. As a brand ambassador, you assist brands in increasing their online presence, spreading positive ideas over, and influencing customer purchases. You will not only be compensated as a brand ambassador, but you will also be able to grow your networking opportunities.

BECOME A PART OF TIKTOK’S CREATOR MARKETPLACE

One can work with advertisers and businesses through TikTok’s Creator Marketplace by simply mentioning their service or product in your recordings. To be considered, you must have at least 100,000 followers on Instagram. Companies can use TikTok’s Creator Marketplace’s analytics tool to determine their engagement reach, views, and demographics.

EARNINGS ON LIKES AND COMMENTS

This one is evident for just any social media platform. This is because there are people that wish to boost their profiles quickly. They pay people to like and comment on things for a modest amount.

It’s difficult to term it “revenue,” but it suffices as a means of supplementing one’s income. It is sufficient to register for numerous such services at the same time and do simple activities for which a small price is charged.

HOW MUCH DO TIKTOK USERS GET PAID?

TikTok allows you to earn an endless quantity of cash, although it ebbs and flows.

Every year, the platform brings in vast sums for many of the world’s most well-known creators. TikTokers with a significant following can earn from around ₦100,000 to ₦2 million per month, contingent on their size.

The quantity of funds TikTokers make depends on a number of criteria, including their location, number of followers, and number of views. The highest levels of engagement and revenue are frequently seen among dance and music creators.

That’s why it’s crucial to look at a variety of revenue options, such as partnerships and goods.

HOW MANY TIKTOK FOLLOWERS DO YOU NEED TO GET PAID?

Like with most social media networks, the more followers you get the more money you can end up making.

You don’t really need hundreds of thousands of followers to generate money on TikTok, on the other hand. A ‘micro influencer’ is someone who has between 50,000 and 150,000 followers on the platform. While ‘Nano influencers’ are creators who have less than 50,000 followers.

If you want to get money straight from TikTok, you’ll have to have at minimum 100,000 video views over the last 30 days and a least number of followers.

CONCLUSION

TikTok short video sharing platform has gained wide attention in the past few years. In a short period of time, the social networking site has amassed over a billion members. Many Nigerians now have the social media platform as one of the most used apps on their phones. Guess,… this is great news for TikTok creators and users!

Creators of TikTok content frequently utilize their smartphones to produce and post popular short videos, including dance and humor. Businesses can now work with Tiktok content creators as a result of this. This is one of the ways in which users of the short video sharing platform earn money. This post discussed some excellent options for content creators in Nigeria to profit from TikTok.