TikTok stars could make $1MILLION a minute! Big name users already raking in $200,000 per 60-second post are set for multi-millions through deals with major brands, experts forecast
- Popular TikTok stars are currently estimated to earn nearly $200,000 per post
- They will be able to charge the brands they promote more as they gain followers
- Research by Morning Consult predicts that one influencer will hit 194m fans
- Aashika Bhatia could then start earning $973,000 per 15 to 60-second post
Popular TikTok stars earn as much as $200,000 per 60-second post, and could charge major brands as much as $1million next year, experts forecast.
Influencers have much to gain financially by collaborating with multinational companies and promote their brands to millions of TikTok followers.
Research conducted by US group Morning Consult indicates that popular TikTok stars could be paid up to $0.005 per follower for sponsored posts.
Astonishingly, these posts last a mere 15 to 60 seconds, making the influencers some of the biggest and quickest earners on the planet.
Popular TikTok stars could be paid up to $0.005 per follower for sponsored posts, according to new research. Those with millions of followers could be earnings hundreds of thousands for 60-second posts, making them some of the quickest earners on the planet (file photo)
This means that a star like 17-year-old singer Loren Gray, from Pennsylvania, who has over 38million followers, can charge nearly $200,000 per post.
BabyAriel, with an estimated 30million followers, could earn around $150,000 per post, while LA-based Pomeranian dog Jiffpom would rake in $100,000 per post.
She is known to have collaborated with EA Games on its Sims 4: Get Famous.
As current projections stand, TikTok sensation Aashika Bhatia, a 19-year-old Bollywood actress, is well on her way to gaining a whopping 194million followers.
Buddying up with the right company could see her charge $973,000 a post.
Meanwhile, fashion blogger Savannah LaBrant, with nearly 139million followers, could be earning an unbelievable $693,000 per post.
Singer Loren Gray (left), 17, from Pennsylvania, who has over 38million followers, can charge nearly $200,000 per post while LA-based Pomeranian dog Jiffpom (right) could earn $100,000 per post by being paid per follower for sponsored posts
James Whatley, strategy partner at marketing agency Digitas UK, told The Guardian that ‘TikTok is the darling of 2020’.
He explained: ‘The fastest way to get traction on TikTok is to get the number-one influencer to promote your stuff.
‘Just this week TikTok and Fortnite announced a partnership deal with a competition for a TikTok dance to be recreated on Fortnite.
‘Every year there is always a new platform and clients want to put 10% of their budget towards it. Last year it was Instagram stories, before that Snapchat.
TikTok sensation Aashika Bhatia, a 19-year-old Bollywood actress, (left and right) is well on her way to gaining a whopping 194million followers. Buddying up with the right company could see her charge $973,000 a post
‘TikTok is the darling of 2020.’
The Chinese app, valued at $75billion in 2018, last week introduced new features giving parents control over the content they see in their child’s feed.
Family Safety Mode now helps parents and guardians keep their teens safe on the platform by linking a parent’s account to their child’s account.
Parents can use the system to control how long children spend on TikTok each day, limit or turn off direct messaging and rebuff inappropriate content.
MailOnline has approached TikTok for comment.