Here's how to make money on TikTok step by step; we'll cover everything you need to know about TikTok monetization and the TikTok creative fund so you can start making money on TikTok fast. You can check me out here; there are so many ways you can make money using TikTok: there's brand deals, sponsors, affiliates. But this video is all about TikTok monetization and all the different ways you can get paid directly from TikTok. So monetizing on TikTok can really be broken down into two categories: Creator Next and Series, and I'm going to break these down for you now because actually, it's really confusing so I'm so glad that we wrote it down. So the first category is create.
TikTok Creator Fund
Which has quite a few options in it, and we're going to start off with the creative fund. The creative fund was TikTok's original monetization opportunity, the OG, and it was designed to reward creators to keep creating quality and engaging content. So right now, you can't actually join it because they're phasing out for even bigger and better things. So yes, it is a monetization option right now if you're already in there, but not for anyone new unfortunately. But again, there's better things coming. Now TikTok hasn't really disclosed how much it pays creators with the Creator fund, and many creators have been very openly disappointed and reported being paid around what, two to four cents per 1,000 views. Also, the TikTok Creator fund is currently only available to eligible users based in the US, UK, Germany, Italy, France, Spain, and Australia. So let's not worry if you're eligible for the Creator fund or not because they're phasing it out.
Creativity Program Beta
Talked about
the bigger and better things? Well, that is called the creativity program,
which is in beta. So currently, it's only available for US creators, and the
creativity program was rolled out after complaints that creators were not
making enough from the original creative program. So what videos do they want
you to post in the creativity program in beta? Well, the videos have to be over
a minute long to start earning from the program, which I think is a sign that
they're trying to compete with YouTube because TikTok's trying to get creators
to make longer-form content. And the key here is that it's supposed to pay a
lot more, like a lot, apparently. So if you are in the creativity program, can
you please let us know in the comments below how it's going and how much you're
making?
Creativity Program Eligibility Requirements
What's the criteria to be in the creativity program in beta? You've got to be at least 18 years old, have at least 10,000 followers, have a minimum of 100,000 valid video views in the last 30 days, have a personal account that's in good standing (business accounts, unfortunately, are not accepted), and as I said earlier, you have to be located in the US, although apparently, it will also be rolled out soon to France and Brazil, and TikTok plans to bring the program to more regions in the future.
TikTok Creator Marketplace
Creator Next is the creator marketplace. Now, this is a fantastic option because the TikTok Creator Marketplace, known as TCM, is the official platform for brand and creator collaborations on TikTok. This basically means that brands can find you and you can find brands to create videos and earn some extra money. I think it's a great option and really straightforward if you're starting out and learning how to monetize through TikTok because it gives you all the details on what they're looking for in the brand deals. You can sometimes even negotiate on the price, and also when you upload a video, you can link directly to that brand deal so everything is coordinated within TikTok itself because let's be honest, getting brand deals can be a bit of a pain in the butt with all the back and forth, but TikTok and the Creative Marketplace does make it super easy.
TikTok Live & Video Gifts
On the list is live and video gifts. Now, this is an option that I personally use all the time and love it. So if you go live on TikTok, your viewers can send you virtual gifts which can be converted into real money, which means whatever your followers have gifted during your live will equal diamonds, which is basically TikTok's currency, which you can later exchange for cash. I'm confused by this; let me break it down. On TikTok, you can buy coins and when someone goes live, you can buy a gift during that live using those coins. At the end of the live, the creator has all those gifts collated together and TikTok converts those into diamonds, and then those diamonds are converted into TikTok cash on your TikTok wallet, and then that can be converted into real-life money. Easy, right? So once you've collected enough diamonds, that's converted into your TikTok wallet, and once you have enough money in your TikTok wallet, you can then either take that out as vouchers or as cash. But you have to hit a certain threshold to do that, so if, like Scrooge.
How to Check Your TikTok Diamonds Balance
McDuck, you want to keep an eye on your treasure and diamonds, all you have to do is go into your TikTok app, go to settings and privacy, and then tap balance. So after that tangent of diamonds and coins, let's go back to what are the requirements to earn live and video gifts. You must live in a location.
TikTok Live & Video Gifts Requirements
Where video gifts are available. This feature, unfortunately, it's not available everywhere. You must be 18 years or older, you need at least 10,000 followers, and your account must be at least 30 days old. So you need at least a month before making money. You must have published a public video in the last 30 days, and you must have a personal account to turn on video gifts.
How to Turn On TikTok Video Gifts
The TikTok
app, tap profile at the bottom of the screen, then tap the menu button at the
top, tap Creator tools, and then video gifts, turn the gift setting on, review
the eligibility requirements, and tap turn on gifts. Lots of tapping, but
you'll get there. And finally, in.
How to Make Money from TikTok Tips
Creator next, here's a tip on how to turn on tips as a creator on TikTok: your viewers can send your tips directly through to your TikTok profile, which is great news, and the best part is that you get to keep 100% of the tip amount after processing fees. Because even though receiving gifts and diamonds sounds very fun, you actually don't earn that much. You earn a lot more from tipping because you get the whole amount.
TikTok Tips Eligibility Requirements
You can apply if you meet the following requirements, and you'll be shocked to hear that you can only get this feature if you live in certain regions, like most of the requirements: you've got to be 18 years or older, you need at least 100,000 followers, your account must be in good standing and adhere to the community guidelines and terms of service, and you must have a personal account. Business accounts, unfortunately, aren't eligible to participate.
How to Receive Tips on TikTok
In case you want to know if you want to be able to receive tips, you basically go into the TikTok app, tap on Creator tools, and then tap apply. Easy, I mean, not for me because I'm an Australian creator and again don't qualify thanks TikTok. So that's all the ways that you can monetize in the Creator next category, but now onto my favorite one which is.
How to Make Money from TikTok Series
Called TikTok series and because this is a new feature on TikTok I recommend checking out because TikTok is always going to push their latest feature so I think it's very similar to platforms like Skill share and Patreon you can basically sell a series of content on TikTok.
What is TikTok Series?
Series can include up to 80 videos each ranging from 30 seconds to 20 minutes long and your viewers can unlock exclusive content by purchasing access to a series from TikTok through direct video links or through a creator's profile and the best part is that you can actually select a price for your Series so TikTok's done the hard work and set everything up but you can choose the price amount you can choose how many videos you want to do and how long they.
How to Get Paid on TikTok Series
Are so how can you get paid by series and at the time of filming this video the minimum amount you have to earn to get paid by series is $50 and apparently that is paid on the 15th of every month so I'm really excited by the series feature and I think it could be a game changer to compete with so many other platforms.
TikTok Series Eligibility Requirements
Requirements you have to be 18 years or older have an account that is at least 30 days old and this is only available for creators personal accounts business accounts political and private accounts are not eligible you need to make sure that you've posted at least three puppet posts in the last 30 days reach 1,000 views or more in the last 30 days you have to make sure to post your own original content you just can't use someone else's and as always you have to have an account with good standing and no repeated violations of the community guidelines from TikTok.
Best Way to Make Money Online on TikTok
The ways that you can monetize on TikTok but which one do I think is the best and I'm going to have to go with live gifts mainly because I believe in working smarter not harder and I love going live anyway so I can communicate with my audience and when people donate gifts I'm basically doing two things at once which is great and who doesn't love receiving diamonds just for me it's the easiest way to monetize on TikTok but I'm also excited to see where the series program goes on TikTok and what happens there are so many options so I hope you can monetize if you're in the right region."
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