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TikTok has become an appealing platform for many people, not only as a source of entertainment, but also as a means to make money. With its rapid growth in users and popularity surpassing that of some other social media platforms, TikTok offers an exciting opportunity for content creators to turn their hobby activities into a significant source of income.
TikTok has several programs to make money, including partnership programs, selling merchandise, endorsements and sponsors, becoming an influencer, donating from fans by sending gifts, and creating paid content. In these programs, every TikTok user can collect money as long as they follow the applicable terms and conditions.
Then the question is, can the money generated from TikTok be withdrawn and how? So, for those of you who are currently starting out as influencers or content creators on TikTok, you don't need to worry because there is a TikTok calculator called Exolyt.
Exolyt is an analytics platform and social media management tool focused on TikTok. This allows users to monitor statistics, trends, and performance of their own TikTok content or content from other users. Exolyt provides a variety of features, including audience analysis, user ratings, hashtag analysis, and more.
So that you understand more about Exolyt, here is the explanation and how to calculate money from Exolyt which has been summarized by brilio.net from various sources, Wednesday (13/3).
TikTok as a money machine
photo: pixabay.com
As is known, social media nowadays can be used as a money machine. TikTok is a platform of choice for business developers and those who want to become influencers. The features on TikTok are able to facilitate business people to maximize their income.
Basically, there are two ways to earn money from TikTok. The most common way to become a content creator. A creator can earn income from the content he produces. The money you get is not from viewers, followers or likes. A content creator will get money from the coins collected and endorsements that come in because the account engagement rate is high. The more popular your account is, the more investors will want to use your services for product promotion.
The second way to make money on TikTok is to take advantage of the TikTok Shop feature. This feature developed by TikTok gives you the opportunity to market your products via digital. For example, you can advertise the business you are developing along with your product display. You can also do live TikTok to sell to get customers.
Both methods require content with strong appeal to optimize your income. This means you need lots of followers, comments, likes and views so that your profile attracts enough visitors so that your promotion is conveyed well. Usually a visitor count of more than 100,000 followers and hundreds of comments for each video will give you the opportunity to make money.
Exolyt's role is to attract money
photo: unsplash.com
Exolyt has the main function as a supporting tool in making money. Exolyt is not used directly to withdraw money, but rather for content management. For example, it allows users to optimize their strategy by spotting trending content, increasing visibility, and maximizing their earning potential on TikTok.
Apart from that, Exolyt is a website that provides an online calculator to calculate the estimated income of TikTok creators. Exolyt can calculate estimated revenue and display statistics and analytics for TikTok creator profiles, including engagement, number of followers, likes, and number of videos. Exolyt analysis results can only be used as a reference for income to avoid confusion regarding advertising as well.
The features in it are classified into two types of users, namely, free and paid users. To subscribe to Exolyt, the prices offered start from IDR 300 thousand to IDR 4 million. You can access more detailed information on the features directly on the official Exolyt website.
How Exolyt works
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1. See developing trends
Exolyt is able to identify trending topics, content and hashtags. This feature allows you to gain traction and align your content to stay relevant and increase audience engagement.
2. Analyze the audience
Exolyt can help you find your audience and even potential targets through insights into their preferences, engagement patterns, and sentiment. This will get you closer to your target market and can increase your interaction with them. This way, you can always develop new opportunities for your account.
3. Validate your position with competitors
Exolyt will compare your account performance against other creators' standards based on market trends and perceptions. Apart from that, Exolyt will give you identification of areas and potential content that need to be improved. You can follow the suggestions given to produce your next content.
Exolyt advantages
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1. Free features.
Exolyt users will be provided with paid features if they need them. If you haven't subscribed, you can only take advantage of the free features. For example tracking TikTok accounts, tracking hashtags, and viewing influencer campaigns. All of this can only be tried once.
2. 'Friendly' website design.
Exolyt can be accessed via its official website at Exolyt.com. Anyone can access it easily and operating the features is also simple.
3. Complete account monitoring.
Exolyt will monitor your account engagement. In fact, you can see in detail including the amount of content and related information. Apart from that, you are given information on the estimated income you can get.
How to calculate money from TikTok with the help of Exolyt
photo: Exolyt.com
1. Go to the Exolyt website by entering the link address exolyt.com
2. Browse the site and find the column that says "Find out your TikTok earnings"
3. Fill in the username of the TikTok account you are referring to then select "Calculate earnings"
4. Wait until the calculation is complete and you can see the analysis results
5. Maximize your performance according to the analysis recommended by Exolyt so you can withdraw more money.
(Intern/Robiul Adil Robani)