What do creators on TikTok need to make money on the platform, how can they qualify for the Creator Fund and how much money do TikTokers actually make?
One of the greatest benefits to using social media these days is how you can make money from your activity on certain platforms. Given the amount of time users typically spend on their favorite platforms, they might as well be earning money for their activeness.
This is also the case when it comes to TikTok. Users are able to find ways of monetizing their content depending on certain factors. Those looking to go this route will need to know what they need to have to be able to make money through their use of TikTok.
Making money on TikTok
There are different ways of making money on TikTok, and users are definitely taking advantage of this or at least working towards it.
There are certain things that a TikToker will need to have to be able to successfully work their way towards making money on the platform.
It is not usually an easy thing to achieve, but if users work hard, they will be able to reach some sort of monetization from a platform, and in the case of TikTok, users will need to meet the ranks necessary to earn money.
What do you need to make money on TikTok?
There are obvious requirements that users need to meet for the potential to make money, such as being 18 years and older.
Another requirement is that a TikToker will need to have a certain amount of followers, on top of needing to have a certain amount of views from their TikTok profile.
Furthermore, earning directly from TikTok will require a user to have met a baseline of 10 000 followers and have gained 100 000 video views on their channel in the last 30 days.
Reaching that threshold will qualify users to apply for the TikTok Creator Fund. The TikTok Creator Fund is not the only way that they can earn money, as reaching certain thresholds will attract the right deals and markets for a TikToker.
Opportunities will present themselves outside of TikTok too if a user has enough reach and influence.
How much money do TikTokers actually make?
The larger the following of a TikTok user has, the more they can earn decent returns for gaining their following.
Usually, TikTokers with large followings can find themselves making figures starting from $200 to $5 000 a month, and potentially more depending on their level of popularity.
Please note that these figures will not be the same for every TikToker, as factors such as localities, followers and the number of views a TikTok profile has gained through a 30-day period are considered. This might seem like an easy thing to achieve, but it will require work.
Nurturing your following and engagement with audiences
It is important to work towards building your following as a TikToker in order to maximize the chances of making money. The key will, however, lie in how you nurture your following.
Gaining large followers will mean having to be consistent with your content to keep them happy and gain more. Consistency will help you maintain your influence.
Paying attention to your audience is another factor for making money and maintaining your status. Your audience will require that you consistently engage with and listen to them too.
More on the TikTok Creator Fund
Once a TikToker has reached a certain threshold, they can then be eligible to join the TikTok Creator Fund. The fund is intended to reward hard working creators for creating engaging and entertaining videos that will go viral on the platform.
Creators will need to be legal residents from one of the fifty states listed as eligible to benefit from the fund.
A creator will also need to post original videos that have to be in line with TikTok’s community guidelines and be 18 years and older with 10 000 followers and 100 000 views.
With monetizing opportunities on the rise on different online platforms and social media, it is no wonder a lot of creators are taking advantage of these benefits through being active and creating their content for communities to enjoy on the respective platforms. In line with these initiatives, TikTok also offers its creators monetization options.
In order to make money on TikTok, creators will need to become eligible for the TikTok Creator Fund, which is one way to make money from the platform itself, while there are many other ways to monetize your content from other avenues outside of TikTok to increase your income potential.