How to make money on TikTok Creator Fund
Hi Guys, looking for the best way to make money online with little effort? This guide will teach you how to make money on TikTok through the creator fund in 2022. Have you ever started dreaming about being paid well to play with your Smartphone all day? Yes, I am talking about making money on TikTok. Every day, we watch countless celebrities who earn millions of dollars annually from their TikTok accounts.
Since its release in 2016, TikTok has grown quickly; it is the first app not owned by Facebook to reach three billion downloads. Although earning money from your TikTok account isn’t simple, it is certainly possible if you have the passion, plan, and desire to find out how it’s done.
Making Money on TikTok
On your selected app, there are many ways to earn money. Let’s examine some of the most effective TikTok income techniques in 2022.
1. Become a TikTok Influencer
You know the saying, “Build it and they will come.” This concept applies to TikTok too.
You will be able to obtain influencer relations with brands all around the world that want to start some business with you if you establish an account with a strong and active following.
A brand can ask you to advertise their goods or services in your TikTok videos as part of a social marketing deal. Money or free products from the business are the most usual types of rewards. Well actually, you don’t need millions of followers to be an influence.
Many businesses favor working with “micro-influencers”, or influencers that have fewer followers. Depending on whom you’re talking to and the size of the market you’re reaching, the definition of a micro-influencer might change, but it typically has between 5,000 and 50,000 followers.
It’s a good idea to focus on primary factors or topics for your account and articles if you want to succeed as an influencer. Brands will be able to tell right away if you’re a great fit for goods and services they want you to help the in marketing.
2. Publish Sponsored Posts
Through paid advertising, you can earn money from your TikTok account in another way. This is the point at which businesses contact you, about including their products in your video. They reward you for your services by paying you a price in exchange.
You can build your profile by working with small brands in the start. Ask your neighborhood’s small businesses if they would be interested in being featured on TikTok. Starting out with a low price and gradually increasing it as your reputation as a TikTok maker grows can be a good idea.
But if you’d prefer to charge a fee and attract companies, think about signing up for the TikTok Creator Marketplace (TCM). For those who are not known, TCM is a tool for cooperation that enables marketers to interact with TikTokers and execute marketing strategies with them. To apply, you must have at least 100,000 subscribers, be at least 18 years old, and have received at least 100,000 views on a video in the previous 28 days.
In order to obtain partnerships as a fresh artist, it is, therefore, best to concentrate on creating unique TikTok content that you can discuss with corporations.
3. Grow and sell TikTok Accounts
Many companies want to be active on TikTok but need the time and funds to establish and develop a presence there. Why not provide them with a quick path?
People have constructed social media profiles for a while now and sold them to generate money. To successfully sell TikTok accounts, you need more than just an attractive range of videos on your account. You’ll also need a loyal following and a focused objective. The buyer can go on producing the same type of material after the purchase to keep followers.
For instance, if you sell an account that contains small un-boxing-related videos, the brand you sell the account to can release the same kind of videos in the future. You must have a solid marketing plan for selling TikTok accounts, interact with followers often, and offer purchasers suggestions to them.
4. Sell your own Products
If you have a TikTok account for your company and are from the US, Canada, or the UK, you could be able to add a purchasing tab and item links to your profile. In fact, the shopping tab is a major update as a result of TikTok’s cooperation with Shopify.
It’s meant to enable TikTokers to market their products, who have a Shopify store. When the user clicks a product link, they are taken to the company’s Shopify store to make a purchase. For instance, you can create 30-second recipe videos and post them on TikTok if your company sells kitchen products.
How much money you can make from TikTok?
Although you don’t need 20 million subscribers to make money on TikTok. Money-making accounts only need to have a large, active following.
The amount of money you can make from methods like digital advertising is typically associated with the rate of subscribers you have. Popular accounts can make tens of thousands of dollars and maybe even a million dollars from a single post.
There are tools available that can calculate your potential earnings depending on your account stats. There are many TikTok Money Calculator tools available online. Your income will be less if you’re still in the micro-influencer levels. But remember that your income will depend on the TikTok advertising plan you choose and the execution of that approach.
How many followers on TikTok to get paid
Officially, 1,000 subscribers would be enough to start earning money on TikTok. Finding companies willing to support your material would be necessary. Another strategy is to interact with your viewers in live videos to win prizes and establish yourself as a fan favorite.
TikTok viewers can send presents in a variety of types and quantities to their favorite creators to show support. When you have produced sufficient diamonds, you can sell them for money and receive that from using PayPal or another accepted payment method. The minimum withdrawal limit is $100. Creators on TikTok can withdraw up to $1000 every week.
Beside this, you can apply to become a member of the TikTok Creator Fund. This is a program, TikTok offers to reward creators that consistently produce high-quality content and add value for their viewers. The conditions for the TikTok Creator Fund are as follows:
- There are at least 10,000 subscribers on your TikTok account.
- In the last 30 days, you have produced at least 100,000 views per month.
- You live in the UK, US, Germany, France, Spain, or Italy and are at least 18 years old.
This reward is best for creators who’ve managed to build a decent following over the past few months.
Conclusion: How to make money on Tiktok
It’s simple to figure out how to make money on TikTok. The most important thing to remember is that you need incredible content that people like, and you need to put in a lot of effort to continue increasing your audience. You’ll start making money immediately if you approach it with the appropriate attitude, are keen to learn as you go, and keep a careful eye on what’s working and what isn’t.
Here are some ways to start earning money on TikTok, in brief;
- Become a TikTok Influencer
- Grow and sell TikTok Accounts
- Publish Sponsored Post
- Sell your own product
If you’re interested then, also check some of the unique business ideas to make money online.