Excerpts from article:
...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.
...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.
...TikTok is known in China as Douyin where it was launched in 2016 and then made more widely available around the world in 2017.Douyin is still the version of the app used in China, available to download separately to TikTok.
Submitted 1517 days ago
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