A lot of people are making money from Tiktok in Nigeria. In fact, it is one of the ways most Gen Zs make money on social media.
You must have seen popular accounts with huge followings and millions of views. This will make you wonder if that’s all it takes to make money on TikTok.
Well, you are right. But that’s not all.
There are so many other ways to make money on Tiktok. Some methods don’t even require having millions of followers or views. But without knowing how to make money on TikTok in Nigeria, you can have fun but have no funds (pun intended).
In this guide, I will show you how to do both. I will walk you through some awesome tips and tricks that can help you make extra cash while enjoying yourself on TikTok.
Can I Make Money on TikTok in Nigeria?
Yes, you can earn money on TikTok in Nigeria while having fun. Some popular ways to make money on TikTok in Nigeria include brand partnerships, sponsored content, live-streaming gifts, selling merchandise, and participating in the TikTok Creator Fund.
TikTok has become a global phenomenon and is no different in Nigeria. With its growing popularity and vast user base, ample opportunities exist to monetize your TikTok presence and turn your passion into profit.
How to Make Money on TikTok in Nigeria
TikTok offers several ways for Nigerian creators to monetize their presence on the platform. One of the primary methods is through the TikTok Creator Fund. This fund is designed to support talented content creators by providing them with financial rewards for their engaging videos.
Basically, TikTok pays creators based on the number of views they get on their videos. But you need to meet some requirements to be eligible for the Creator Fund.
- You must be at least 18 years old.
- You need to have at least 10,000 followers on your TikTok account.
- TikTok also wants to see your content making waves. So, you need to have accumulated at least 10,000 video views in the last 30 days.
Once you’re approved for the Creator Fund, you’ll start earning money based on the performance of your videos. TikTok calculates your earnings using a formula that considers the number of views, likes, and shares your videos receive. The more popular your content, the bigger your earnings potential becomes
It’s important to note that TikTok pays its creators every month. They calculate your earnings and deposit them into your TikTok account. From there, you can transfer the funds to your bank account.
How to Make Money on TikTok Live in Nigeria
TikTok has a Live feature that can help you make money. It’s called Live Gifting, and it’s perfect for creators who want to monetize their livestreams. When you go live, your followers can buy TikTok coins or virtual gifts that stay in their TikTok wallet.
This feature is particularly beneficial if you want to monetize your livestreams. While many social networks have livestreaming, TikTok adds a unique twist. It allows followers to show their love and support in real time through virtual gifts.
During a live video session, your fans can gift you these coins to show appreciation. You can then convert these gifts into real money and transfer it to their local bank account.
Here are some helpful tips to make the most of your TikTok Live:
- Choose the right time: Go live when most of your followers are online. Check your audience insights in the Analytics tab of your profile settings to find out when they are most active. In Nigeria, most Tiktokers are more active at night between 8:00 PM to 11:00 PM. That could be the best time.
- Stay Longer: Not everyone will stay for the entire Tiktok Live. However, going live longer allows more users to join and catch a glimpse of your broadcast. You don’t know who’s been longing to gift you your amazing content.
- Post While Live: Share short videos while you’re live. TikTok will prompt users who see these videos in their stream with a link to your live broadcast. This will help to grow your live audience.
- Use TikTok hashtags: Hashtags are a great way to expand the reach of your videos. Like other social media platforms, users often explore hashtag pages to discover new accounts to follow.
- Test your equipment: Don’t overlook the technical side of going live. Ensure your internet connection, lighting, and sound equipment are reliable and can handle prolonged use. Having glitches while live may interrupt engagement on your TikTok Live.
- Prioritize safety: TikTok provides features to filter comments, mute users, and block viewers. Don’t hesitate to use these tools when dealing with individuals not contributing positively to the conversation. No one should tolerate bullying or harassment. Negative energy can limit the number of virtual gifts you may receive.
Engaging with your audience in real-time helps build meaningful relationships with your fans. When your audience feels connected to you as a creator, it can boost other ways to make money on TikTok.
Other Ways You Can Make Money on TikTok
Now that you’ve known the power of going live on TikTok, you might be curious about other ways to make cool cash on this fun platform. Guess what? Many TikTokers are raking in the cash in plenty of other ways. Let’s check them out!
One way to make money on TikTok marketing and selling your products! It doesn’t matter what kind of content you create, you can cleverly promote the products you want to sell in your videos, and if your audience loves them, they might just buy them.
The options for products to sell online are endless. You can offer body care products, clothing, jewelry, and more.
To convince your audience to make a purchase, highlight the benefits and authenticity of your products. They’ll more likely become interested customers when they see the value.
Once your followers start buying your products, you start earning! You can arrange for the purchased items to be delivered to their doorstep.
So, get creative with your promotions, showcase your merchandise, and watch your audience become paying customers.
Using ad platforms is a smart strategy. Just like you’ve seen ads on Facebook and Instagram, TikTok influencers can cash in on these ads too.
There are two ways to go about it. First, you can promote your own products using TikTok ads. Think of it as a complementary strategy after showcasing your products in your videos on platforms like Facebook, Twitter, or Instagram.
The second way is to assist brands and businesses who want to advertise on TikTok but need guidance. When you provide your expertise, you get paid for it.
Getting started is easy. Simply search for “TikTok ads” and sign up for an account to access the ad platform. If you’ve run paid traffic before, you’ll be familiar with how to navigate the ad platform. It doesn’t require a large budget—start with a small amount and experiment. Running ads this way helps expand your profile’s reach to a broader audience.
So, consider using TikTok’s ad platform to promote your products or offer your assistance to brands. It’s a great way to monetize your presence on the platform and reach more people.
Leverage Media Licensing
Another way to make money on TikTok is through media licensing. It involves granting brands permission to use your content; in return, they pay you.
The good news is that you don’t necessarily need a huge following on TikTok to benefit from media licensing. All you have to do is consistently promote and review different goods or products.
You can sell your videos to brands or directly to your followers. The price you set will determine how you’ll earn.
If you’re creating valuable and engaging content on TikTok, consider exploring media licensing to monetize your videos. It’s a great opportunity to earn income while showcasing your creativity and promoting brands you believe in.
Influencer Marketing Campaigns
As your TikTok following grows, you transform into an influencer, and that’s a pretty powerful position to be in. It means you can sway your audience’s opinions and influence their choices.
This influence doesn’t go unnoticed by brands. They recognize your impact on your followers and the potential to reach a large, engaged audience. That’s why they might knock on your virtual door, eager to collaborate.
And the best part? You get paid for your collaboration. Brands understand that your influence is valuable. So, they’re willing to pay you for your efforts. It’s a win-win situation. You get rewarded for your creativity and influence, and the brand gets exposure to your dedicated audience.
Another popular way TikTokers make money is through brand partnerships. Have you watched a Sidney Talker or Zic Aloma video where they talk about 1X Bet or a new herbal tea brand? That kind of video fall under brand partnerships.
When you’ve built a solid following and have a dedicated fan base, brands might knock on your virtual door, offering collaborations and sponsorships. You can display their products in your videos or create sponsored content; you’ll get paid in return. It’s a win-win situation.
Yes, Affiliating marketing. I’m also tired of how the term has been abused and overused on WhatsApp statuses. But the truth is affiliate marketing still works on TikTok.
Here’s a neat trick – you can make money on TikTok in Nigeria by recommending products or services. You earn a commission for each sale from your recommendations by joining affiliate programs or using referral links.
It’s like being a trusted friend who suggests awesome stuff and gets rewarded.
The beauty of affiliate marketing on TikTok is that it allows you to monetize your content without being pushy or salesy. By authentically showcasing products you genuinely believe in, you can build a loyal following that values your recommendations.
It’s all about being transparent and honest with your audience so they know you’re genuinely endorsing products you stand behind.
How to Make Money on TikTok in Nigeria by Watching Videos
You might be surprised you can make money on TikTok in Nigeria by watching videos! It sounds pretty awesome, right? Let me break it down for you.
There’s a feature on TikTok called the TikTok Rewards Program. It allows users to earn points by watching videos. These points can then be converted into real money. It’s a fun and effortless way to make extra cash while enjoying the TikTok content you love.
First, you have to download the TikTok app on your mobile device and create an account. Once you’re all set up, start exploring the app and watching videos. The more videos you watch, the more points you earn.
To track your progress, go to the “Rewards” section in the app. Keep in mind that the number of points you earn may vary based on factors like the duration of the videos you watch and the engagement you provide.
You can redeem sufficient points for real money when you’ve collected sufficient points. TikTok offers various withdrawal options, including direct bank transfers, mobile wallet transfers, and more. Just choose the best option for you and enjoy the fruits of your TikTok-watching labor!
How Does TikTok Pay in Nigeria?
TikTok has different payment methods available for creators in Nigeria. It’s important to keep in mind that the exact payment methods may vary depending on TikTok’s policies and updates. Check out the official updates from TikTok to stay informed about the latest information.
Typically, TikTok pays creators in Nigeria through the following methods:
Direct Bank Transfer
With this method, TikTok can directly deposit your earnings into your local bank account in Nigeria. You’ll need to provide your bank account details to receive payments through direct bank transfer. The money will appear in your designated bank account immediately after the payment is processed.
Mobile Payment Apps
TikTok also provides payment options through popular apps like Flutterwave, Paystack, or other similar platforms in Nigeria. To receive your earnings through these apps, you can link your TikTok account with your preferred mobile payment app.
Other Ways to Make Money Online in Nigeria
The online space is filled with opportunities you can make money from. Let’s explore some popular options that can help you earn income right from the comfort of your own home:_
Freelancing is a fantastic way to showcase your expertise If you have skills and talents. Platforms like Upwork, Freelancer, and Fiverr connect you with clients from all over the world. You can find writing, graphic design, programming, social media management, and more gigs. It’s like turning your passion into a paycheck.
Online tutoring is an online business that can give you a steady cash inflow if you have a particular subject you excel in. You can find flexible tutoring tasks on platforms like Tutor.ng and PrepClass. These platforms connect tutors with students seeking academic assistance.
You can also create and sell your online courses on platforms like Udemy or Teachable. Share your knowledge and help others while making money.
This one is for you if you’re a natural storyteller or a creative soul. You will find many opportunities on YouTube, Instagram, and blogging. At the same time, you can attract a loyal audience by consistently producing engaging and valuable content. As your following grows, you can earn money through ad revenue, sponsored content, brand partnerships, and even merchandise sales.
Other Platforms to Make Money in Nigeria
Just because you’re not a TikTok fan, doesn’t mean you can’t make money on other platforms in Nigeria. Here are some platforms you can also make cool cash to double your income.
Instagram: We have an entire article dedicated to monetising your Instagram account.
How Do Nigerian Tiktokers Earn Money
Nigerian TikTokers can earn money through various methods on the platform. They can participate in the TikTok Rewards Program, collaborate with brands for sponsored content, engage in affiliate marketing, sell merchandise, receive virtual gifts during livestreams, and utilize TikTok’s ad platform.
How Much Does TikTok Pay per 1,000 Views in Nigeria
Roughly, a TikToker in Nigeria can earn around 100 to 200 naira per 1,000 views on their videos. It’s important to keep in mind that these are approximate calculations. The actual earnings can vary based on specific factors. Factors such as engagement rate, content quality, advertiser demand, and changes in TikTok’s payment policies can impact the actual earnings per 1,000 views.
Does TikTok pay verified Nigerians?
TikTok does provide payment opportunities for verified Nigerians who meet certain criteria for their Creator Fund. If you’re a Nigerian content creator on TikTok and you fulfill requirements such as having a certain number of followers, consistently creating content, following TikTok’s Community Guidelines, and adhering to their monetization policies, you could be eligible to earn money through the Creator Fund.