If you’re a content creator, you’d likely have pondered how people earn money on TikTok, how much can be earned, and what the platform’s payment structure looks like. Let’s delve into monetization.
Since its worldwide debut in 2017, the social media powerhouse has been highly coveted. But is it really possible to earn money on TikTok? Does TikTok compensate you for contents? Of course!
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With its soaring popularity, TikTok has evolved into a lucrative revenue source for numerous content creators, transcending its initial role as platform for watching entertaining videos.
Below is a step-by-step guide to making money on TikTok:
1. TikTok Creator Fund
Step 1: Ensure you’re at least 18 years old.
Step 2: Grow your follower count to more than 10,000.
Step 3: Garner at least 100,000 video views within 30 days.
Step 4: Apply for the TikTok Creator Fund.
Step 5: Earn between 2 and 4 cents for every 1,000 views.
2. TikTok Creator Next
Step 1: Obtain a minimum of 1,000 views over the last 30 days.
Step 2: Share at least three posts in that timeframe.
Step 3: Meet the minimum follower requirement in your region.
Step 4: Apply for TikTok Creator Next.
Step 5: Explore multiple ways to monetize your TikTok content beyond the Creator Fund.
3. TikTok Shop
Step 1: Have your own products or services to sell.
Step 2: Create TikToks showcasing your products/services.
Step 3: Use captions, descriptions, and hashtags effectively.
Step 4: Direct viewers to your TikTok Shop or external storefronts.
4. Partner with a Brand
Step 1: Seek out brands that align with your values.
Step 2: Reach out to the brands or wait for them to approach you.
Step 3: Create sponsored content that resonates with your audience.
Step 4: Use the ‘Branded Content’ toggle for transparency.
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5. Use Affiliate Links
Step 1: Sign up for affiliate programs.
Step 2: Obtain affiliate links for products/services.
Step 3: Share the links in your TikTok videos or bio.
Step 4: Earn commissions for every completed action via your affiliate links.
6. TikTok Creator Effect Rewards
Step 1: Design and publish AR effects through TikTok Effect House.
Step 2: Encourage engagement with your effects.
Step 3: Earn money based on engagement levels.
7. TikTok Series
Step 1: Meet the eligibility criteria (18 or older, account at least 30 days old, 10,000 followers or more).
Step 2: Create a TikTok Series with up to 80 videos.
Step 3: Offer exclusive, paywalled content to your fans.
Step 4: Earn revenue from subscriptions.
8. TikTok Subscriptions
Step 1: Be invited to join TikTok subscriptions (currently invite only).
Step 2: Offer extra benefits to your followers for a monthly fee.
9. TikTok Pulse (Ads)
Step 1: Have at least 100,000 followers.
Step 2: Use TikTok Pulse to run ads and earn a 50/50 split with advertisers.
By following these steps, you can explore various avenues to monetize your TikTok presence and potentially turn your content creation hobby into a lucrative career.