Are you a TikToker and wondering how to make money on TikTok? If you are a newbie on TikTok, you should concentrate on making quality content and understand what your audience is interested in watching. This will help you to get views on TikTok. But why are we discussing views here? How’s that even connected to making money on TikTok?
Well, honestly, if you want to be eligible for monetization on TikTok, you must have 100,000 views in the last 30 days, along with 10,000 followers. You need to meet these criteria if you want to be a part of the TikTok creator fund. Let’s discuss different ways on how to make money on TikTok.
Table of Contents
How Do You Make Money On TikTok?
TikTok is one of the most popular video-sharing platforms for teens. Also, these platforms encourage creativity and motivate their users to make videos to make money. Here’s how you can make money on TikTok:
Join the creator fund on TikTok
Creator fund is the honeycomb of earning money on TikTok! On July 22, 2020, TikTok announced a whopping fund of $200 million for content creators. Then, after its huge success, TikTok announced another fund of $1 billion by 2023. So if you want to be a part of the creator find on TikTok to make money, here’s a list of criteria that you need to fulfill:
You must be in the United States, United Kingdom, Spain, Germany, or Italy.
- If you want to apply for the creator fund, you should be a minimum of 18 years old.
- Your TikTok account should have 10,000 followers.
- The videos should have at least 100,000 views in the last 30 days.
- Your account should abide by the TikTok community guidelines and terms of service.
- Another essential criterion to earn money on TikTok through the creator fund is that you need to have a TikTok pro account.
Become a part of the Affiliate programs
You don’t need to have a business to get paid on TikTok. You can make money on TikTok through affiliate marketing! All you have to do is add the affiliate link in your profile’s bio. If people buy products using your affiliate links, you will earn a percentage of sales. You can also paste coupon codes or URL’s in your description. The people who buy will also get a discount, and so will you get your commission.
Promote and sell products using TikTok shopping
TikTok shopping was introduced in the year 2021 to support businesses in selling their products on the video-sharing platform. TikTok adds a shopping tab to your profile that allows the audience to see products from your Shopify Cenmox catalog. Also, do not over-promote your store because that might annoy your audience after a while.
Make money on TikTok by receiving donations
Are you wondering how do you make money on TikTok through donations? Well, while you stream live on TikTok, the audience can send your donations. You can trade these coins for money! Isn’t that a great idea? You must organize an interactive live stream or also announce promotional codes that will encourage people to join your live sessions.
But you need to keep in mind that TikTok does not allow its creators to request gifts. Therefore these donations should be organic. Also, remember, you need to have 1000+ followers and above the age of 16 to stream live sessions on TikTok.
Join hands with brands to post sponsored content
Would you want to be a brand face? Of course, who doesn’t want to be one? Brands will pay you if you promote their products and services. Also, if you do not have a large fan following, you shouldn’t worry. You can approach smaller brands as well. Smaller brands will also pay you well enough. Guess what! If you have 100,000 followers with 100,000 views on your video in the previous 28 days, then you can also apply for the TikTok creator marketplace. This is created especially to connect high-paying brands and influencers.
Promote artists content
If you already have a good number of followers on TikTok, you can promote songs, movies, or series. Almost every day there’s a new trend or challenge on TikTok. You can use the artists’ songs or movies ad promote them. You can get paid on TikTok by promoting artists’ songs or any other upcoming series or movie.
Run TikTok Ads
If you think that TikTok doesn’t have much scope to promote business, then you are wrong. You can use TikTok ads to drive traffic to your official website, eCommerce website, or shopping tab on TikTok. You can also run in-feed ads to promote your products and services.
How much does TikTok pay?
TikTok announced the TikTok creator fund in 2020 to encourage and motivate its creators. This fund consisted of $200. But you need to fulfill the criteria that we discussed above. Once you are eligible for the creator fund, you will get paid.
For every 1000 views that you receive on your videos, TikTok pays around 2-4 cents.
How much does TikTok pay you for 1 million views?
TikTok pays 2-4 cents for 1000 views on your videos. Therefore you roughly earn around $20 to $40 for 1 million views on TikTok. This might sound a little less money. But you can earn money through affiliates and sponsors on TikTok. Collaborating with brands will also help you to get more views on your videos, that in return, will help you to earn money on TikTok.
How many followers on TikTok to get paid?
If you want to be a part of the TikTok creator fund, you need to have 10,ooo followers. That doesn’t mean that if you have fewer followers, you can’t make money. You can approach small brands to collaborate and earn money. Your viewers can also send you coins that can be encashed.
Now that we’ve discussed all the possible opportunities how to make money on TikTok, you must try these tips today! If you aren’t yet eligible for the TikTok creator funds, you need not worry. Also, you must closely observe the TikTok analytics to know what your audience likes.
If you want to grow on TikTok, here’s how you can get 1K followers on TikTok instantly.