How to Make Money on TikTok [A Guide for TikTokers]
Influencer MarketingLast Updated: June 19th, 2019Reading Time: 5 minutes
If you are a teenager, there can be limited opportunities to earn cash for your skills. Some talented young musicians, though, have discovered how they can make money on Musical.ly. (Now TikTok)
For the benefit of anybody over the age of 21, we recently profiled Top 20 Musical.ly Influencers Who Have Built Small Media Empires for Themselves. In that article, we explained what Musical.ly is, and profiled some of the hottest young talents who star on the platform today.
DMR has tried to curate statistics relating to Musical.ly, although as they observe, it can be much harder to find hard facts and figures about Muscial.ly than for the more prominent social networks. However, DMR reports that Musical.ly currently has 200 million users, 60 million of whom use the network each month.
With an average of 13 million videos per day uploaded, Musical.ly’s young users love showcasing their talent. It must be remembered that many of these will be lip-synching copies of pop songs.
With all of this interest by 13-21 year-olds, it was inevitable that brands who target this demographic would take notice. This means that there are now income opportunities for the more talented, outgoing and influential of the youngsters.
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