One of the most used methods to monetize TikTok is to start a live broadcast. TikTok live broadcast has a system where you can earn money by donation, just like Twitch broadcasts. People who want to earn money from TikTok can earn money in 2 different ways by broadcasting. Thanks to these methods, it becomes possible to earn serious monthly income.
If you want to live stream TikTok, it's important to be a well-known person to earn money this way. Because users who are a phenomenon in TikTok can earn much more money from live broadcasts.
As we mentioned before, there are two different methods you can choose to earn money by starting a TikTok live broadcast. One of these methods is to receive donations from your followers. This means that if you chat with your followers and make sure everyone has a good time, your followers will send you a thank you gift. These gifts are virtual money, but once you exceed the $100 limit, you can receive cash via PayPal.
Another method you can use to earn money from TikTok live broadcasts is to advertise in live broadcasts. Let's give an example: You are a famous TikTok content producer and a company that wants to capitalize on your reputation said that they want to collaborate with you. In this case, the company will pay you to advertise and increase product sales. You can also open a live broadcast and chat with your followers and show the products that the company sent you to you on the live broadcast, allowing your followers to buy the product. With these two methods, you can earn money with TikTok live broadcasts and earn an additional income for content production.