Nowadays, TikTok is one of the most famous and commonly used social networks by people. According to marketing reports, the platform has over 500 million active users all around the world. So, how does TikTok earn money?
Where Does TikTok Make the Most Money?
There are a couple of factors that TikTok makes money on.
Many brands, small or large, are using TikTok to promote their products or services. These advertisements can be seen between user-created videos. Therefore, whenever the users of the TikTok turn on the platform, goods or services owners can display their brands. On the other side, the owners may pay the ultimate price to reach more engagement on TikTok. So the amount of earning cash for TikTok is increasing day by day.
Paid subscription plans
TikTok earns cash also with a subscription model. The music is at the heart of the platform. Therefore, some music services, including Apple Music and Spotify, offers paid music subscription plans. The videos of the users of the platform can easily be created and shared at any time.
How Much Money Did TikTok Make in 2019?
According to Sensor Tower, it is an app analytics firm, TikTok, including Douyin’s revenue- the version is working in only China- earned $176.9 million in 2019. The income is five times more than the previous year.
The fourth quarter of 2019 was the highest-earning quarter than ever with $88.5 million among all apps, including Snapchat, Twitter, Whatsapp, and Facebook.
TikTok is the second most downloaded application in both the App Store and Google Play. There is only 849 million download difference between Whatsapp and TikTok. Besides, TikTok is still trying to earn money for itself and its creators.
FAQs About TikTok Earning Money
A great majority with advertisements, subscription plans, and foundations.
No, product and services owners can benefit from other adds technics, such as ‘cost per click,’ ‘cost per view,’ or ‘cost per action.’
Yes, everyone who has products or services can earn by ads.
Conclusion on TikTok
The amount of earning money for TikTok is increasing for itself and creators from day-to-day, and the social network platform is trying to reach more users. If you want to learn more about the app, we cover up many other popular topics in our articles.