Attracting millions of users who create & share short-form videos every day, TikTok has emerged as one of the major players in social media.
With its unique blend of creativity, humor & fun, TikTok has become one of the most popular & engaging social media platforms in the world.
In recent years, TikTok has continued to evolve, introducing new features & tools to help users get the most out of the platform. One of these features is the ability to accept live gifts during a live stream.
Today, we will talk about what live gifts are, how to start accepting them & how they can help boost your income. We’ll also examine the pros & cons of live gifts, so you can make an informed decision about whether they are right for you.
What are Live Gifts in TikTok?
TikTok Live Gifts are virtual gifts that TikTok users can send to their favorite creators during a live stream. They are a way for users to show their support & appreciation for a creator’s content.
When a user sends a live gift, it appears on the screen of the live stream for all viewers to see. These gifts come in the form of animations & can range from virtual flowers, hearts & balloons to more elaborate & expensive gifts such as cars & houses.
Creators can collect these gifts & exchange them for real money, which can then be withdrawn to their bank accounts.
How to Start Accepting Live Gifts in TikTok
To start accepting Live Gifts on TikTok, you first need to have a TikTok account with a verified profile & be in good standing. You should also have a good following & a strong engagement rate, as this will increase the chances of people sending you gifts.
You should also make sure that your profile is set up correctly & that you have all of your contact information, such as your email & website, available to potential gift senders. After you’ve checked your profile & it is all good, you can start a live stream by tapping on the “Live” icon at the bottom of the TikTok app.
Once your live stream is active, viewers can send you Live Gifts by tapping on the gift icon located at the bottom of the screen. When you receive a gift, you can show it off to your audience & thank the sender. You can also tap on the gift to see who sent it & thank them directly.
Below is a recap of the steps you need to follow:
- Open the TikTok app & create an account if you haven’t already.
- Once you have an account (verified & in good standing), make sure you have updated to the latest version of the app.
- Go to the profile section of the app & tap on the “Live” option.
- You will then be prompted to start a live stream. Once you’ve started a live stream, you’ll see a “Gift” icon on the bottom right corner of the screen.
- Tap on the “Gift” icon & you’ll see a list of gifts you can receive. The gifts will vary in value & appearance, so choose the one that best suits you.
- As you receive gifts during your live stream, they will be displayed on your screen. When your live stream ends, the gifts you received will be converted into money & added to your TikTok account.
How Live Gifts Can Boost Your Income
One of the key benefits of TikTok Live Gifts is that they are a source of passive income. This means that you can earn money while you sleep, or while you are doing other things, such as creating new content.
The amount of money you receive will depend on a number of factors, including the type of gift & the number of gifts you receive. The more popular you are, the more gifts you are likely to receive, which means more money for you.
TikTok takes a percentage of the money generated from Live Gifts, but the remaining amount goes directly to the creator. Creators can withdraw their earnings to their bank accounts, making it convenient to earn money on the platform.
In addition, live gifts are a great way to monetize your TikTok account without having to rely on ads, sponsorships, or other forms of revenue.
TikTok Live Gifts is a great way for creators to increase engagement & interaction during their live streams, thus building a strong community. Live Gifts serve as a way for fans to show their support & appreciation & this can be a powerful motivator for creators to keep creating content.
Also, when viewers see that they can send gifts to their favorite creators, they’re more likely to participate & engage with the content.
Additional revenue stream
Aside from sponsored content or brand partnership, TikTok Live Gifts offer creators a new & innovative way to make money on the platform. The ability to accept live gifts during a live stream can provide an additional avenue for earning money that can supplement the creator’s other revenue stream.
One of the notable benefits of TikTok Live Gifts is the potential for high-value gifts. Some of the gifts available on the platform are of a high value & even a small number of gifts can quickly add up to a significant amount of money over time.
For instance, some live gifts may be worth several hundred or even thousands of dollars. This means that if you receive just a few of these high-value gifts during your live streams, you can potentially earn a substantial amount of money.
Moreover, these high-value gifts can also serve as a form of recognition & appreciation from your followers. Receiving a high-value gift can be a powerful validation of your content & an encouragement to continue creating & sharing content on the platform.
Pros & Cons of TikTok Live Gifts
While live gifts can be a great source of income, there are also some cons to consider. The main pro of live gifts is that they are a source of passive income that can help you earn money without having to actively seek out revenue streams. However, the cons include the fact that you will need to have a strong following & engagement rate to receive gifts & that the amount of money you receive may not be enough to support yourself or your business.
Another potential con of live gifts is that they can be seen as “spam” by some users. This is because some users may feel like they are being bombarded with requests to send gifts. To avoid this, you should be careful about how you promote your live gifts & be respectful of your followers.
Pros of TikTok Live Gifts
- Increased Income: TikTok Live Gifts provide a way for creators to earn money on the platform.
- Engagement: Live Gifts serve as a way for fans to show their support & appreciation, which can help to build a strong community of followers.
- Easy to Use: The process of sending & receiving Live Gifts on TikTok is simple & straightforward.
- Convenient: Creators can easily withdraw their earnings from Live Gifts to their bank accounts.
Cons of TikTok Live Gifts
- TikTok Commission: TikTok takes a percentage of the money generated from Live Gifts, meaning that creators only receive a portion of the total.
- Limited to Live Streams: Live Gifts can only be sent during live streams, so creators need to regularly go live to maximize their earnings.
- Depends on Popularity: The amount of Live Gifts received by a creator is dependent on their popularity, so it may not be a viable option for creators with smaller followings.
As a whole, TikTok Live Gifts provide a way for creators to earn money on the platform, engage with their audience & build a strong community of followers. While there are pros & cons to using Live Gifts, they can be a valuable source of income for TikTok creators. Whether you are just starting out on TikTok or looking for ways to monetize your content, TikTok Live Gifts are worth exploring as a potential source of income.
Meet the Author
Venus Merc has a passion for creating & sharing relatable content. In addition to creating content, she is also dedicated to the animal rescue using, her platform to raise awareness and make a positive impact.