There are dozens of TikTok money calculators, and they have been quite an essential tool for those trying to make money off TikTok. TikTok has been a blessing for content creators as it has introduced a much more fun and interactive way to show off talent.
However, because TikTok can be used to create respectable income, these content creators have to be on top of their game to make money.
As a creator, knowing how much you are supposed to be earning makes it easier to prospect and plan for your account’s growth.
TikTok money is a real thing, and although it might seem elusive to some people, it is a pretty lucrative avenue as long as you master the art of content creation, but that’s a topic for another time.
For now, we are going to look at some of the best TikTok earnings calculators and why you need them.
1. TikTok Influencer Earnings Calculator
Our first pick is the TikTok influencer earnings calculator (tool discontinued). This tool is associated with TikTok, and the fact that it is tailored for TikTok makes it one of the best TikTok money calculators.
Unlike YouTube, TikTok does not provide payable ads (they are working on it, though), meaning the money you can get as an influencer is by getting endorsements and sponsorships from brands.
To award these sponsorships, these brands use organic engagements as a basis to determine whether to hire you or how much to pay you. This part about engagements is where the TikTok influencer earnings calculator comes in.
This tool helps you calculate the number of engagements and come up with a near-accurate engagement rate.
- It is free
- Calculates the engagement rate
- High-end data presentation
- It has a poor user interface
What makes the TikTok influencer money calculator stand out is the fact that, unlike other calculators, it calculates the rate of engagements and presents them in easy-to-read colorful graphs. Which alone makes it one of the best calculators on the market.
The user interface could use a little work, but besides that, it is a very good tool when it comes to calculating TikTok estimated earnings.
2. Exolyt TikTok Money Calculator
Our second pick is another tool that is also tailor-made to calculate earnings on TikTok. Exolyt helps you track your engagements but most importantly, the Exolyt TikTok money calculator emphasizes the importance of influencer marketing.
Some of the innovative features show this in the tools settings, which include a section showing leaderboards, and another that shows Trends.
These two sections help TikTok users keep track of users getting the most engagements and trending topics. Trending topics are a minefield for engagements, and more engagement means more money. It is important to always keep track of these trends.
Exolyt TikTok money calculator uses several factors to give you analytics that can help you keep track of and grow your engagements. The information used to come up with these analytics includes location, target audience, and profile niche.
- Modern and easy-to-use user interface
- Top tier analytics
- It is free
- Data presentation is poor
One thing that makes the Exolyt TikTok money calculator stand out is the fact that it uses comprehensive data to come up with accurate analytics. One point where this tool falters is data presentation.
FeedPixel is probably the latest TikTok money calculator tool. Laced with dozens of new features, FeedPixel might be the best TikTok money calculator.
This tool, like all the other mentioned tools, helps you to estimate earning potential, but on top of that, it matches you with influencers in your chosen niche.
To make the whole experience better, FeedPixel categorizes the influencers it matches you with.
There are four categories of influencers, and the categories are based on the influencer’s experience.
These categories are:
- Nano Influencers
- Mid-Tier Influencers
These matches can help your account become an influencer, which is very important if you want to increase your earnings on TikTok.
- Influencer matching
- Regular updates
- Easy to use
- Some services are not free
Influencer matching is one thing that makes FeedPixel better than some other TikTok money calculators, but the fact that you need to pay to access some of the services is a bit of a drawback.
Igface is not associated with TikTok but does a pretty sterling job when it comes to estimating potential earnings from Tiktok.
Igface uses organic engagements (hearts, comments, and followers) to estimate the amount of money you could earn as an influencer.
This figure is an estimation, which you can use to charge for promotions, or sponsorships. This goes a long way in ensuring that influencers and brands practice fair pricing.
- It is free
- Continuous account study
- Poor user interface
With a very interactive user interface, Likigram is a top contender for the best TikTok money calculator tool. This easy-to-use tool does not require you to log in to get estimates. Instead, you must enter the name of the account you want to view, and the accounts’ engagements come up.
This ensures that your account information is safe, as some tools can later sell your account information to third parties if you log in with them.
- It does not require account information
- Easy to use
- Detailed data presentation
- It is very slow
- Some services are not free
How do people earn money on TikTok?
TikTok has grown to be one of the biggest media apps on the market, and with such a growth sprout, it means people are earning a lot of money, and here is how:
Selling Big Accounts:
This is easily one of the easiest ways to earn a lot of money on TikTok. Growing your TikTok account is not quite an easy task, and because of this, there are a lot of people out there that are willing to pay top dollar to get a big TikTok account.
The price of the account varies depending on the engagements and location. The bigger the account, the more you are going to get paid for it.
This is one of the most popular ways people earn money on TikTok. The main reason why it is popular is that it works.
Brands pay TikTok influencers (users with big accounts) to endorse whatever product they want to reach a bigger audience. Depending on your account size, you can earn between 300 dollars and even 100,000 dollars for one promotional post.
Influencer marketing can also be used by people that seek to grow their TikTok accounts. This means that there are a lot of people that might need the service, and that, in turn, means there is more money that can be earned from the venture.
TikTok users that have made huge names for themselves on the platform have diversified and are selling merchandise.
This merchandise is branded with their handle name or anything their TikTok account is associated with. The merchandise ranges from T-shirts and shoes to even plastic utensils. This is a very lucrative venture, and if your account is big, you can make a lot of money from selling branded merchandise.
With new users joining TikTok every day, dozens of people are bound to be thirsty for TikTok fame, and they will need all the guidance they can get.
The newbies on TikTok are willing to pay the TikTok veterans for guidance/knowledge on the app. The services these consultancies offer range from brand creation to actual content creation.
There is a lot of money in consultancy, and the fact that it is not crowded makes it very lucrative.
This is another way by which TikTokers are earning money. Brands pay TikTokers to create posts that are related to a product they are promoting.
The posts are posted on the Brand’s or user’s accounts. In some cases, both accounts depend on the nature of the agreement.
Sponsored posts can generate a lot of money depending on the size of the account of TikToker. Some posts can cost up to a million dollars.
How Can You Make Money On TikTok?
The best routes to increase your revenue stream on TikTok are sponsored posts and influencer marketing.
These two ways require you to create a significant following before the money starts piling up, but once you have a significant following, these could be the easiest way to make money.
The beauty of sponsored posts is the fact that you rarely need to work hard to make a lot of money. Once your following is big enough, brands will approach you to do posts for them, and in most cases, the posts are related to your niche.
This means the brands will pay you to do something you love and that you have already been doing. Easy money, right?
This is the most popular way to make money, and it is easy to see why. Influencer marketing is one of the easiest ways to make money on TikTok.
All you have to do is have an account with a significant number of followers and, more importantly, have tons of organic engagements. Those are the two main things that potential customers look at when they hire an influencer.
Using a TikTok money calculator can go a long way in helping you keep up with these numbers. If you have a TikTok account with a good number of followers and are struggling to find gigs, sites like indeed.com can be very helpful.
How to Grow TikTok Audience and Your Bank Balance?
One thing that you need to earn money on TikTok is a big audience, and some of the ways to grow your audience include:
Creating Creative and Entertaining Content:
One thing that will ensure that your account grows without failure is, creating top-tier content. There is no substitute for good content; once your posts become popular, they will fuel your account’s growth.
You need to ensure that your content relates to the audience, and the broader the scope of your content, the larger the audience your content will reach.
Schedule Your Posts:
Randomly posting your content without a proper schedule can make it difficult for the audience to engage and interact with your posts. Sticking to a schedule will help your followers easily access your posts and engage with the posts.
The more engagements your post gets, the more people it will most likely reach.
Engage With Other People’s Posts:
The best way to grow your audience is constantly engage with other users’ posts. Constantly commenting and liking people’s posts will make it easy for them to engage with your content likewise.
Engaging with other users can also get you collaborations, which are very important in terms of your account’s growth.
These steps can easily help you grow your account but to monetize that growth, you need to do the following.
Choose Your Clients Wisely:
This is very important, especially for budding influencers that are hungry to get paid. In your haste to make money to ensure that you do a proper background check on your client, some clients can crash your reputation.
Reputation is a very precious currency when it comes to earning on TikTok, and you should guard it properly. Some clients tend to push better clients away. It is important to weigh the pros and cons before picking a client.
Sell Branded Merchandise:
Once you have a big audience that religiously follows you, selling branded merchandise can bring in a lot of cash. To maintain the revenue, you need to ensure that your merchandise is top tier and that you deliver as advertised. If you master this, your bank balance will never be the same again.
Answers to Commonly Asked Questions – TikTok FAQs
Does TikTok Pay Money?
TikTok does not directly pay money for content. You can receive TikTok coins from viewers, which you can convert into diamonds. These diamonds can then be, converted to actual money on Paypal.
Can You Make Money on TikTok?
Yes, people are making a lot of money on TikTok, and the good news is you can too!
How Much Money Can You Make on TikTok?
Depending on several factors, the amount of money someone can make on TikTok varies.
According to influencermakerting.com, TikTokers can make between 50 dollars 150,000 dollars for a brand partnership.
Some of the factors that determine the amount of money a TikToker makes include:
Some niches are more popular than others. Based on this, it means the amount of money you can make depends on your niche.
Besides popularity, some niches have a generally high-paying audience, and the clients in such niches are willing to splurge when it comes to getting content.
Locating is also another important factor. Some areas have a larger TikTok audience than others. Some clients also pay influencers based on the remuneration trends in their area of residence.
Why Should I Use the TikTok Money Calculator?
TikTok calculators help you to estimate the amount of money you should be charging clients. Based on your profile information, calculators can estimate your potential earnings.
This is very important, as it helps to foster client-influencer relationships.
Are Tiktok Earning Calculators Accurate?
TikTok earnings calculators estimate earnings, and their estimates are not entirely accurate and should be taken with a grain of salt.
As we wind up, it’s important to treat content creation on TikTok like any other money-generating scheme. This way, you can stay ahead by planning every step of the way, setting your targets based on your desired earnings, and working hard to achieve those targets. If you have any additional questions, be sure to let us know in the comment section below. Good luck!