TikTok has taken the social media world by storm, and many users are eager to turn their creativity into cash.
If you’re wondering how to start earning money on this popular platform, you’re in the right place.
To sign up and get paid on TikTok, you’ll need to join the TikTok Creator Fund.
This requires having at least 10,000 followers and 10,000 views on your videos in the last 30 days.
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Getting started is easy.
Users can access the Creator Fund Dashboard through their profile settings.
Once there, they can set up their preferred payment method, such as PayPal or Zelle.
It’s worth noting that creators can withdraw their earnings 30 days after the end of the month in which they were earned, with a minimum withdrawal amount of $10.
But the Creator Fund isn’t the only way to make money on TikTok.
Creators can also earn through video gifts, live gifts, and brand partnerships.
Some even use the platform to promote their existing businesses or attract new clients.
Key Takeaways
- TikTok creators can earn money through the Creator Fund, gifts, and brand deals
- Building a large, engaged audience is key to monetization success on TikTok
- Creators should explore multiple income streams on the platform for best results
Getting Started with TikTok Monetization
TikTok offers creators several ways to earn money on the platform.
These options include setting up a business account, joining the Creator Fund, and using TikTok Live features.
Set Up Your TikTok Business Account
To start making money on TikTok, creators need a business account.
This account type gives access to special features and tools.
Here’s how to set one up:
- Open the TikTok app
- Go to profile settings
- Tap “Manage account”
- Select “Switch to Business Account”
- Choose a category for the account
With a business account, creators can:
- Use TikTok’s analytics tools
- Add website links to their profile
- Create ads to reach more people
These features help creators grow their audience and make more money.
Understand the TikTok Creator Fund
The TikTok Creator Fund pays creators for their popular videos.
To join, creators must:
- Be at least 18 years old
- Have 10,000 followers or more
- Have at least 10,000 views on videos in the last 30 days
- Post original content that follows TikTok’s rules
The fund pays based on video views and engagement.
More popular videos earn more money.
TikTok doesn’t share exact payment amounts, as they can change.
Creators should focus on making fun, engaging content to increase their chances of earning from the fund.
Explore TikTok Live and Virtual Gifting
TikTok Live lets creators connect with fans in real-time.
During live streams, viewers can send virtual gifts.
These gifts turn into diamonds, which creators can exchange for real money.
To use TikTok Live, creators need:
- At least 1,000 followers
- To be 16 years or older
Popular live stream ideas include:
- Q&A sessions
- Behind-the-scenes content
- Live performances
Creators should engage with viewers and thank them for gifts.
This encourages more people to send gifts and join future streams.
Advanced TikTok Monetization Strategies
TikTok offers many ways for creators to earn money beyond basic methods.
These strategies can boost income and open new opportunities for those willing to put in extra effort.
Leverage Affiliate Marketing
Affiliate marketing on TikTok lets creators earn commissions by promoting products.
They share special links or codes in their videos or bios.
When followers buy using these links, the creator gets a cut of the sale.
To start, creators can join affiliate programs for brands they like.
They should pick products that fit their niche and audience interests.
It’s key to be honest about sponsored content to keep trust.
Creators can make short, fun videos showing how to use products.
They might do reviews or comparisons.
The goal is to make the promotion feel natural and helpful, not pushy.
Partner with Brands
Brand partnerships are a big way TikTokers can earn money.
Creators work with companies to make sponsored content that shows off products or services.
The TikTok Creator Marketplace helps match brands with creators.
It’s a good place for creators to start looking for deals.
Creators can also reach out to brands they like directly.
For successful partnerships, creators should:
- Pick brands that fit their style
- Be clear about what they offer
- Make fun, creative videos that don’t feel like ads
- Follow rules about disclosing sponsored content
Sell Products via TikTok Shop
TikTok Shop lets creators sell items right on the app.
It’s great for those who make their own stuff or want to start a small business.
Creators can sell physical goods or digital products like ebooks.
They can link their TikTok Shop to Shopify to manage orders easily.
To succeed with TikTok Shop:
- Make fun videos showing products in use
- Use trending sounds and hashtags to get more views
- Offer special deals to followers
- Give great customer service to build a good reputation
Live shopping events can boost sales.
Creators show products in real-time and answer questions from viewers.
Frequently Asked Questions
TikTok offers many ways for creators to make money.
The steps and requirements can be confusing.
Here are answers to some common questions about monetizing TikTok content.
What are the steps to join the TikTok Creator Fund?
To join the TikTok Creator Fund, creators need to meet certain criteria.
They must be 18 or older and have at least 10,000 followers.
Their videos need 10,000 views in the last 30 days.
Creators also need to post original content that follows TikTok’s guidelines.
If they meet these rules, they can apply through the TikTok Studio section in their profile settings.
Can I earn money on TikTok just by getting views, and how does it work?
Yes, creators can earn money from views through the TikTok Creator Fund.
TikTok pays based on video performance.
This includes views, engagement, and region.
The exact payment can vary.
TikTok doesn’t share the full details of how they calculate payouts.
But more views usually mean more money for creators.
What’s the minimum number of followers needed to start making money on TikTok?
The minimum follower count depends on the monetization method.
For the Creator Fund, creators need at least 10,000 followers.
But other ways to make money on TikTok don’t have strict follower requirements.
Brands might work with creators who have smaller followings.
Some creators sell products or services to their audience regardless of size.
The key is having an engaged audience, not just a big one.
How do TikTok payouts vary with the amount of views, like for a million views?
TikTok payouts can vary widely.
There’s no set rate per view.
Some creators report earning $20-$40 for a million views.
Others might earn more or less.
Factors like video engagement and audience location affect earnings.
Higher engagement rates can lead to better payouts.
Viewers in certain countries may also be worth more to advertisers.
Are there ways to monetize TikTok content without a huge following?
Yes, creators can make money without a huge following.
They can promote songs in their videos for payment from record labels.
Selling products or services to a niche audience is another option.
Creators can also join the TikTok Creator Marketplace to connect with brands.
Some brands prefer working with smaller, more targeted audiences.
Affiliate marketing and sponsored content are possible even with fewer followers.
What steps do I need to take to activate monetization on my TikTok account?
To activate monetization, creators should first check if they meet TikTok’s requirements.
After that, they can turn on features like Video Gifts and Live Gifts in their TikTok Studio settings.
Creators need to set up a payment method to receive funds.
They should also familiarize themselves with TikTok’s content guidelines.
Following these rules helps ensure their account stays eligible for monetization.