How To Make Money On TikTok (TikTok Monetization Tutorial!)
Film & Animation
Introduction
Making money on TikTok can seem daunting, but there are numerous options available for creators looking to monetize their content. In this article, we'll explore the TikTok monetization strategies, including creator funds, the creativity program, live gifts, and the new series feature.
Understanding TikTok Monetization
TikTok monetization can primarily be broken down into two categories: Creator Next and Series. We'll discuss each option, including detailed benefits and eligibility requirements.
Creator Next
1. TikTok Creator Fund
The TikTok Creator Fund was the original monetization opportunity designed to reward creators for producing quality content. However, it is currently being phased out, and new creators can no longer join this fund. Existing members may have experienced disappointing payouts ranging from 2 to 4 cents per 1,000 views. The fund is limited to users in the US, UK, Germany, Italy, France, and Spain.
2. Creativity Program
In response to creator feedback, TikTok introduced the creativity program, currently in beta. This program encourages creators to make longer videos (over one minute) and promises higher payouts. To qualify, creators must:
- Be at least 18 years old
- Have at least 10,000 followers
- Obtain 100,000 valid video views in the last 30 days
- Maintain a personal account in good standing
- Currently, this program is available primarily for US creators, with plans for expansion soon.
3. Creator Marketplace
The TikTok Creator Marketplace (TCM) simplifies brand collaborations. Through this platform, brands can find creators easily, and vice versa, facilitating brand deals and sponsorship opportunities. Creators can see what brands are looking for and negotiate compensation, offering a streamlined method to gain sponsorships.
4. Live and Video Gifts
Creators can earn money during live streams through virtual gifts from viewers. The gifts are purchased using coins and converted into a currency called "diamonds," which can then be exchanged for real money. To be eligible, creators must:
- Live in a region where video gifts are available
- Be at least 18 years old
- Have a minimum of 10,000 followers
- Have an account that is at least 30 days old with a public video published in the last 30 days.
5. Tips
Creators can receive direct tips from viewers, keeping 100% of the tip amount after processing fees. To qualify for tips, creators must:
- Be at least 18 years old
- Have a minimum of 100,000 followers
- Maintain a good-standing personal account and adhere to TikTok’s guidelines.
TikTok Series
The TikTok Series is a new feature allowing creators to sell a series of videos, similar to platforms like Skillshare and Patreon. A series can contain up to 80 videos, and viewers can purchase access to exclusive content. To get started, creators must:
- Be 18 years or older
- Have an account that is at least 30 days old
- Maintain a personal account and have posted at least three public videos with 1,000 views or more in the past 30 days.
Conclusion
Monetizing on TikTok offers diverse avenues, with the live gifts feature standing out as a flexible and rewarding option for creators. As TikTok continues to evolve, particularly with the introduction of the series feature, the opportunities for earning money will expand.
Keywords
- TikTok Monetization
- Creator Next
- TikTok Creator Fund
- Creativity Program
- Creator Marketplace
- Live Gifts
- Video Gifts
- TikTok Series
FAQ
Q1: What is the TikTok Creator Fund?
A1: The Creator Fund was TikTok's original monetization option, aimed at rewarding creators for producing engaging content. It is currently being phased out for new users but still offers compensation for existing members.
Q2: What are the eligibility requirements for the Creativity Program?
A2: To qualify, creators must be at least 18 years old, have a minimum of 10,000 followers, 100,000 valid video views in the last 30 days, and maintain a personal account in good standing.
Q3: How can I earn money through live streams?
A3: Creators can receive virtual gifts during live streams, which can be converted into real money through TikTok's currency system.
Q4: What is the TikTok Series feature?
A4: The TikTok Series feature allows creators to sell a series of videos to their audience, creating exclusive content that can be purchased for access.
Q5: Can I receive tips on TikTok?
A5: Yes, creators can receive tips directly from viewers, provided they meet the eligibility criteria, including having at least 100,000 followers and a personal account in good standing.
