TikTok is a social network by ByteDance and officially launched on the market in 2018; it was not until then that it managed to increase its popularity to the point of being a tough competition for recognized media such as Facebook and Instagram.
Its fun features and functions have caught a reasonably young community. And it is not for less; thanks to its recommendation algorithm and its clips and special effects, the platform is very addictive, something that will undoubtedly translate into income, both for the social network itself and its creators.
We have already seen this monetization system with other social networks. If you meet a series of requirements, you can activate TikTok’s monetization to generate your income doing what you like the most. But how can I make money on TikTok? These are the details!
How to monetize TikTok: all the ways to earn money on the social network
In TikTok, there are ways to make money, especially when you manage to exceed 1000 followers since the system unlocks an essential function for you: that of performing LIVE with your friends.
Also, suppose your profile reaches what we could call “influencer rank” by achieving more than 10,000 followers. In that case, your chances of earning money on TikTok will increase even more. Next, you can see how to make money and get coins on TikTok without being an influencer.
Monetize your TikTok account by activating the Creators Fund
If you get or currently have more than 10,000 followers, your chances of making money on TikTok increase to 100%. Suppose you are from the European side of the United States. In that case, you can unlock the TikTok monetization system and start earning money for video views.
If you can read on the tik tok official website, TikTok has a fund of at least 1 billion dollars used to support small and large content creators.
To monetize your account, apart from being creative and having a series of
original videos with many views, you must enroll in the Creator Fund.
How can you activate the background?
To sign up for this creator fund (Creator Fund), you have to follow these steps:
Enter TikTok.
Change your account to “PRO Account.”
If you meet the “Creator Fund” rules and requirements, a unique tool called “Author” will open. Enter this section and see “TikTok Creators Background” tap on it.
Once there, you will have to fill in a series of personal data about your account:
- Names and surnames.
- Address.
- Indicate if you are a natural person.
- Identity document.
Accept the system conditions, and you’re done. If received, you will see a welcome notification to the program. Otherwise, you will need to wait at least 30 days before submitting the request again.
Remember that this background is reserved for creators with more than 10,000 followers. Therefore, if you only have 1,000 or 2,000 followers, do not despair. Thanks to living broadcasts, you can also earn money and get coins on TikTok.
Earn money on TikTok with sponsors
One method to earn money on TikTok is through sponsorships. With this method, you can get extra income by promoting the products or services of a physical store through a video.
Proposals can arrive by themselves, or if not, it is possible to communicate with the most popular brands. They will evaluate your content and the amount of interaction or viewing you have daily and decide whether or not it is worth working together.
Become a TikTok consultant
Suppose you consider yourself an influencer and also have a knack for education. In that case, you can spend some time and teach others how to get views,
followers, and likes. Hundreds of people are looking to these professionals to learn ways to increase their account size.
Do you know about the topic? Then take advantage of your skills and experience and offer your consulting services. Perhaps more than one is interested in the subject and earning money by teaching on TikTok.
Offer your products and services.
Whether you have lots of followers or are a bit short on likes, you can always make money on TikTok without being an influencer by taking your audience to other channels that you can monetize in another way.
Thus, you can use your TikTok followers to grow a Facebook page or sell products or services directly to them.
For example, if you usually upload video drawings, you can sell those duplicate drawings to your community. Create relevant contents that interest the public and promote your work to attract clients.
It’s straightforward, and you don’t need to have thousands of followers; for example: if you sell beauty items, open a TikTok account and do short makeup tutorials. Generally, this type of content attracts a lot of attention.
TikTok Bonus
TikTok Bonus is a new way TikTok has used to earn money through referrals. You can make money just by inviting friends and family to join the platform using your referral code. You can redeem the funds collected through PayPal or send them directly to your bank account.
This new feature is displayed on your profile at the top left in the form of a golden coin or on the side of the videos. If you don’t see it, the app update may be required, or it may not be available in your country yet.
If you click on the icon, you can click on the word “Invite” to start sharing your referral link and accumulate points for each user who manages to download the application from your referral link.
Tips and tricks to make money on TikTok faster.
The main thing to achieve popularity and respect on the TikTok platform is to maintain the originality of the content. Apply these tips that will surely be very useful to you.
Set a good profile
From the beginning, you must establish your niche or theme, be it sports, entertainment, education, nature, beauty, and more. No matter what the topic is, you should try to be as professional as possible without going too far from it.
Select the right profile picture, a username everyone can remember, and a fun description, and don’t forget to promote your account on your other social networks. The first impression is what counts, so spend time on this small part, and you will see how quickly you grow.
Create original videos
Fortunately, TikTok has a lot of games, effects, and filters that you can use in your videos to achieve more personality.
By complying with guidelines, you will have more chances that some of your videos will go viral, thus reaching millions of people and with high possibilities of earning money on TikTok. You can also join the most popular #hashtags and even perform dance challenges in trend, always accompanied by the best songs of the moment.
Be more active with TikTok LIVE.
If you exceed 1000 followers, you may have the option to make live broadcasts activated. This can be a great privilege to earn a lot of coins through virtual gifts that other users can give you. Take advantage of it!
Requirements to get paid on TikTok
If you have already established a good profile, are consistent in posting original videos, and have many followers, then it is not long before you start making money on TikTok.
But as we discussed previously, you need to activate the creator pool and meet specific requirements to get paid on the TikTok platform. Among them, we can mention the following:
Requirements to apply to the fund for creators
- Be over 18 years of age.
- Have more than 10,000 followers.
- Have at least 10,000 video views in the last 30 days.
- Follow the rules of the community.
Requirements to broadcast live and thus get coins
- Be over 16 years old.
- Have more than 1,000 followers.
- Follow the rules of the community.
How much can you earn on TikTok?
Depending on the country of residence, the number of followers, and what you do within the platform.
Suppose you only dedicate yourself to performing LIVE. In that case, you can receive many coins or coins depending on the influence you have on the public, the transmission time, and if your content is of interest or not.
After accumulating enough coins, it is possible to withdraw or redeem money from a minimum of $25 = 3,125 cash to a maximum of $1,000 = 125,000 coins per week.
How much does TikTok pay?
TikTok pays for views; depending on your country, you can earn 2 or 3 cents for every 1,000 views, then between 20-30 $ for 1 million views.
Payments also depend on the type of content and whether or not it goes viral. As if that were not enough, TikTok’s policies also influence, since if you speak ill of the system or simply establish hateful behavior, illegal activities, or violent and graphic content, you can be penalized and even expelled from TikTok.
I hope these tips can assist you in monetizing your account and earning money on TikTok without being an influencer. What are you waiting for? Start creating content and have fun.