Verdict/Summary: A friend of mine with 100k plus followers earns more or a little less than $2000 every livestream session. On every tutorial she often have more than 8,000 viewers out of which at least she makes more than $1,500 per livestream from TikTok’s virtual coins/tips her viewers sends to her.Meanwhile, that’s just the least she makes, as she often makes much more, through, brand promotion during is live session, affiliate marketing and at times she sell her personal products.1 major thing that leads to her success is engaging and top quality content.
What is TikTok live stream, and how to make money from it.
TikTok has grown to become a popular social media platform that allows users to create and share short-form videos. However, in addition to videos, TikTok also offers a live streaming feature that allows users to connect with their followers in real-time.
TikTok Live Stream is a feature that allows users to broadcast live videos to their followers.
The feature was launched in 2019 and has since become very popular among content creators and influencers on the platform.
Live streams on TikTok can last up to an hour and can be accessed by anyone who follows the user.
You can receive donations from your followers on TikTok when you livestream.
They can tip you by sending you “emojis” they purchased with TikTok’s own currency if they watch your broadcast and like it. (Coins).
TikTok Live stream Criteria
However, bear in mind that there are some guidelines for making money from livestreams on TikTok.
1. To be able to live broadcast on TikTok, you must have at least 1000 followers.
2. Since the lowest payout is $100, you must have at least $100 in your account to receive your earned coins.
Having said that, a sizable following is unquestionably necessary if you want to profit significantly from TikTok livestream.
Read Also: How to get paid on Tiktok – A Brief Overview of 5 Unique ways
Why is TikTok Live Stream Important?
TikTok Live Stream is important because it offers users a unique way to connect with their audience.
Unlike pre-recorded videos, live streams allow users to interact with their followers in real-time. This can help to build stronger relationships with followers and increase engagement on the platform.
Live streams also offer an opportunity for content creators to monetize their content.
TikTok Live Stream allows users to receive virtual gifts from their followers during the stream. These gifts can be converted into real money, which can be withdrawn from the platform.
READ ALSO: The best 3 websites to buy Tiktok accounts safely in 2023
How to Make Money on TikTok Live Stream
Now that you understand what TikTok Live Stream is and why it’s important, let’s discuss how you can make money from it.
Here are some tips on how to monetize your TikTok Live Stream:
Build a following
The first step to making money on TikTok Live Stream is to build a following.
The more followers you have, the more people will watch your live streams, and the more virtual gifts you will receive.
To build a following on TikTok, you need to create high-quality content that resonates with your target audience.
Learn more: the fastest ways to get 10k TikTok followers (4 different ways explained).
Engage with your audience
Engaging with your audience is key to building a strong following on TikTok. During your live streams, make sure to interact with your viewers and respond to their comments.
This will help to build a sense of community around your content and encourage people to tune in to your future streams.
Promote your live streams
To get more people to tune in to your live streams, you need to promote them on your other social media platforms.
Share your upcoming streams on your Instagram, Twitter, and Facebook accounts to let your followers know when you will be going live.
Receive virtual gifts
During your live streams, viewers can send you virtual gifts. These gifts can be converted into real money, which can be withdrawn from the platform.
To receive virtual gifts, you need to enable the feature in your account settings.
Offer exclusive content
To encourage viewers to send you virtual gifts, you can offer exclusive content during your live streams. For example, you can offer to answer viewer questions, share behind-the-scenes footage, or offer a sneak peek of upcoming content.
Collaborate with brands
If you have a large following on TikTok, you can collaborate with brands to promote their products during your live streams. This can be a great way to monetize your content and earn money from sponsorships.
Check this out: how to get 100k Instagram followers as fast as possible.
TikTok Live Stream is a powerful tool for content creators and influencers on the platform.
By following the tips outlined in this article, you can build a following, engage with your audience, and monetize your content through virtual gifts and sponsorships.
With a little bit of effort and creativity, you can turn your TikTok Live Stream into a lucrative source of income.
FAQ – TikTok Livestream
How many followers to start live streaming on TikTok?
To start live streaming on TikTok, you need to have at least 1,000 followers. This is to ensure that there is enough interest in your content and that you have an engaged audience.
How do I enable the virtual gifts feature on my account?
To enable the virtual gifts feature on your account, go to your profile and click on the three dots in the top right corner. From there, select “Privacy and Settings” and then “Live settings.” Toggle on the “Allow others to send you gifts” option.
How much money can I make from virtual gifts on TikTok Live Stream?
The amount of money you can make from virtual gifts on TikTok Live Stream varies depending on the number of gifts you receive and their value. Each gift has a certain value in diamonds, which can be converted into real money.
Can I make money from sponsorships during my live streams?
Yes, if you have a large following on TikTok, you can collaborate with brands to promote their products during your live streams, and at the same time earn from donation from viewers.
Can I save my TikTok Live Stream and share it on other platforms?
Yes, you can save your TikTok Live Stream and share it on other platforms. After your live stream ends, TikTok will save the video to your camera roll. From there, you can edit and share the video on other social media platforms.
What are some tips for engaging with my audience during my live stream?
Some tips for engaging with your audience during your live stream include responding to comments, asking viewers questions, offering exclusive content, and giving shoutouts to viewers who send you virtual gifts.