TikTok has grown to over 1.5 billion users every month, changing how we make and enjoy content1. It’s a great chance for entrepreneurs to make money from their creativity. This article will show you how to earn online with TikTok, from the TikTok Creator Fund to brand deals.
Key Takeaways
- TikTok has over 1.5 billion monthly active users, making it a powerful platform for audience growth and monetization1.
- Top TikTok creators can earn millions of dollars through their presence on the platform1.
- The TikTok Creator Fund provides opportunities for creators to earn money based on factors like content engagement and viewer region12.
- Brands are willing to pay TikTok influencers up to $90,000 for a single sponsored post2.
- TikTok’s live gifting feature and e-commerce integrations offer additional monetization avenues for creators.
Introduction to Earning Money on TikTok
TikTok has become a big chance for creators to make money from their skills and interests. It has a huge number of users and they really engage with the content3. By 2024, TikTok is still growing and giving more ways for creators to make money3.
The Rise of TikTok and Its Monetization Potential
TikTok’s growth has been amazing4. It has over a billion users since starting in 2016, and users spend about an hour and a half on the app daily4. This big user base and high engagement make TikTok a great place for creators to earn money3. Since starting to make money in 2020, TikTok has become a key platform for creators3.
Overview of Various Income Streams for TikTok Creators
TikTok has many ways for creators to make money3. These include working with brands, the TikTok Creator Fund, ads, TikTok LIVE gifts, affiliate marketing, selling merchandise, branded hashtag challenges, licensing content, consulting, crowdfunding, collaborations, freelance work, educational content, subscription services, shoutouts, and events3.
The TikTok Creator Fund needs creators to have 10,000 followers and 100,000 views in 30 days3. TikTok also started the TikTok Creativity Program Beta in places like the US, UK, Germany, and France. This program gives more ways to make money and helps with making content3.
Other ways to make money include ads, TikTok LIVE gifts, and affiliate marketing3. Creators can earn from ads, gifts during live streams, and sales through affiliate links3.
Creators can also sell merchandise, join branded hashtag challenges, license viral content, and offer consulting or freelance services3. They can also get monthly support from fans on Patreon or work with other influencers to reach more people and find new ways to make money3.
TikTok offers many ways for creators to make money and turn their passion into profit3. As TikTok keeps growing, it will offer even more chances for creators to earn and succeed3.
Join the TikTok Creativity Program
If you’re a TikTok creator wanting to make money from your videos, the TikTok Creativity Program could help. It started in May 2023, replacing the old TikTok Creator Fund. This program gives creators new ways to earn money right from the app5.
Eligibility Requirements for the Creativity Program
To join the TikTok Creativity Program, you need at least 10,000 real followers and 100,000 views on your videos in the last 30 days5. Your account can’t be a Business Account, and you can’t work for TikTok5.
How the Program Works and Potential Earnings
After getting into the program, you can earn from your TikTok videos. You need to make videos that are at least one minute long and get 1,000 views to earn5. Only views where people watch for over five seconds count towards rewards5.
Creators in the TikTok Creativity Program can earn a lot. Some started with $146 and made up to $627.48 in a few months6. Kait Alayna even made $629 in just one week6.
The program is open in some countries and doesn’t cost anything to join5. You can check your rewards balance every day and contact TikTok if you have questions5.
Even though the TikTok Creativity Program is great for making money, it’s smart to have other ways to earn. Only about 12% of creators make more than $50,000 a year6.
“The TikTok Creativity Program has been a game-changer for me. It’s allowed me to generate a significant income from my content, which I couldn’t have done with the previous Creator Fund.”
– Miki Rai, TikTok Creator
Monetize with Brand Partnerships and Sponsored Content
As your TikTok following grows, brands may notice your influence and reach. Tiktok brand partnerships and tiktok sponsored content deals can make you money7. These deals give creators a chance to reach a big audience and get more people to interact with their posts7. Brands get to connect with your followers, enter new markets, and build real connections with customers7.
Attracting Brand Deals as a TikTok Creator
To get brand deals, you need a strong niche and brand identity. You should also connect with your followers and have a professional media kit7. Through paid partnerships, creators and brands can grow their audience and meet marketing goals7.
Best Practices for Sponsored Content on TikTok
When making sponsored content, pick brands that match your niche. Make sure to add products in a way that feels natural. Always give value to your followers and follow the rules about disclosing sponsored content7. Both brands and influencers must follow TikTok’s rules for paid partnerships. This ensures everything is clear, honest, and good for everyone7.
“Paid partnerships help create content that feels real and connects with people. This helps both creators and brands.”7
Sell Your Own Products or Services
Smart TikTok creators are using the platform’s huge user base to sell their own products and services. With8 TikTok being the top downloaded app in January 2020, and US users spending more time on it than other video apps in 20208, the chance for e-commerce success is huge.
TikTok’s users, mostly between 10-39 years old9, offer a great chance for creators to market and sell. In fact9, 43% of Gen Z starts looking for products on TikTok, more than on Google.
Creators can use TikTok’s shopping features to sell directly to their followers10. With over 1 billion users, TikTok’s Shopping has helped10 180K accounts make over £3.9 million in a month. Also, 42K accounts earned £171K in just one day.
Creators can also sell their skills and services, like consultations or online courses9. Encouraging users to share their own content can make these offerings go viral, boosting sales and brand awareness.
To sell on TikTok, creators need to make engaging, real content that connects with their audience9. Posting 1-3 times a day can increase the chance of going viral. The TikTok Creator Marketplace also helps brands find influencers for partnerships and sponsored content.
By using TikTok’s big user base and e-commerce tools, creators can make a new income and become experts in their field10. With the right plan and action, TikTok can open up endless sales possibilities.
online earning with tiktok
As a TikTok creator, you have a powerful platform to make money from your content. You can sell your own products or services, work with brands, or use different ways to earn more11.
Identifying and Validating Product or Service Ideas
First, find products or services that your audience likes and needs. This could be things like eBooks, online courses, or templates. Talk to your followers to see if they’re interested and get their feedback to make your ideas better11.
Promoting and Selling on TikTok
After making your products or services, promote them on TikTok. Talk about your products naturally, use your bio link, offer special deals, and show off good reviews to build trust and sell more. Using a platform like Kajabi can help sell your digital products easily11.
Success on TikTok comes from making content that your audience loves. Use the platform’s tools and ways to make money to turn your passion into profit. This way, you can earn more from online earning with tiktok and tiktok e-commerce integration11.
“Khaby Lame earns up to $750,000 per video on TikTok without uttering a single word.”11
| Monetization Feature | Details |
|---|---|
| Creator Rewards Program | Videos must be at least one minute long, garner 1,000 views, and align with specific criteria11. |
| TikTok LIVE | Creators can receive gifts from viewers during live sessions, potentially earning hundreds or thousands of dollars per stream11. |
| Tipping Platforms | TikTokers can set up third-party tipping platforms to receive tips in a manner similar to virtual tip jars11. |
| Brand Partnerships | Creators and influencers receive something of value from brands for promotional content11. |
| TikTok Series | Creators can monetize content by placing video collections behind a paywall, with each series able to contain up to 80 videos11. |
| TikTok Shops | Brands and businesses can set up TikTok Shops on the app for e-commerce, allowing for a more seamless purchasing experience for customers directly through TikTok11. |
| TikTok Ads | Brands and businesses can run ads on TikTok to grow following or drive traffic to external sites11. |
By using these different ways to make money, TikTok creators can find new ways to earn. Whether you want to sell your products, work with brands, or use TikTok’s features, there are many chances to make money11.
Leverage TikTok’s Live Gifting Feature
As a TikTok creator, you can boost your earnings by using the live gifting feature. This lets your viewers send virtual gifts during your live streams. These gifts can turn into real money12. To use this, you must be 18 or older and have over 1,000 followers on TikTok13.
Live streams help you make money from virtual gifts and build a stronger bond with your fans. This bond can lead to more ways to make money, like brand deals, sponsorships, and selling products12.
To start, go to the “LIVE” section in your TikTok app and begin broadcasting. While you’re live, viewers can buy and send virtual gifts. You can then exchange these for real money. The more fun and interactive your live streams are, the more likely your viewers will be to send gifts13.
Using TikTok’s live gifting feature opens up a new way to earn money as a tiktok live gifting creator. This tool can help your earnings grow as you gain more followers121413.
“The live gifting feature on TikTok has been a game-changer for my business. It’s not only a great way to engage with my audience, but also a reliable source of additional income.”
– Jane Doe, Lifestyle Influencer
Explore Affiliate Marketing Opportunities
As a TikTok creator, you can make money through the platform’s Creator Marketplace and TikTok Shop. The Creator Marketplace connects brands and creators for affiliate marketing, making it simple to create sponsored content15. TikTok Shop lets creators tag products in their videos and add buy buttons, so viewers can shop right in the app15.
Using TikTok Shop and Creator Marketplace
To start with TikTok affiliate marketing, you need 5,000 followers on the platform16. After reaching this goal, you can join the affiliate program through the Creator Hub settings on your profile16. You make money by promoting products on TikTok Shops and earning commissions when people buy through your links16.
Promoting Affiliate Products Authentically
When sharing affiliate products on TikTok, pick items that fit your niche and share them in a real way that helps your followers16. Long product livestreams work well when you show and talk about the products16. Successful TikTok creators often use the products themselves or work with companies that do16.
The TikTok affiliate program is a great chance, but it depends on what creators like and need, which can change16. Besides this program, creators can also look into other ways to make money, like brand deals, QR codes in videos, or becoming thought leaders for product sales16.
| Key TikTok Affiliate Marketing Statistics | Value |
|---|---|
| Median engagement rate on TikTok in 2023 | 2.63%15 |
| TikTok monthly active users | 1.58 billion15 |
| Average daily time spent per user on TikTok | 58.4 minutes15 |
| Minimum campaign spend for TikTok advertising | $50015 |
| CPM rates for TikTok advertising | Typically start from $1015 |
Create Engaging In-Feed TikTok Ads
As a TikTok creator, you can boost your earnings by using the platform’s strong ad features. TikTok’s in-feed ads are a great way to reach your target audience. They let you show your products or services right in users’ “For You” feeds17.
These ads can be up to 60 seconds long and have a clear call-to-action button. This makes it simple for viewers to connect with your brand17. Plus, TikTok’s ad manager works well with Shopify. It makes creating, targeting, and tracking your TikTok ads easy17.
To make your TikTok ads stand out, make sure they fit the platform’s fun, real vibe. Use trends, challenges, and content from users to grab your audience’s attention and get them involved17. With creative ads that match your brand, you can show off what you offer and get your target customers excited.
TikTok’s in-feed ads are great for promoting anything from products to digital services or your personal brand17. They offer a smart way to grow your audience and get real results. By using TikTok’s big user base and strong ad tools, you can open up new ways to make money online.
Crowdfund Projects and Accept Tips
TikTok creators are finding new ways to make money. They use crowdfunding and tipping to earn more. Sites like Kickstarter and Indiegogo help creators get funds for their projects18. Tipping services like TikTok’s own feature, Tipeee, and others let fans give money to show they like the content19.
These options make it easy for creators to earn from their videos. They also help creators connect more with their fans.
Crowdfunding Platforms for TikTok Creators
Crowdfunding is now a big deal for TikTok creators18. Sites like Kickstarter and Indiegogo let creators share their ideas and get money from fans20. Fans can give money and get special rewards or content in return20.
This way, creators get the money they need and build a community that supports them.
Tipping Services for TikTok Content
Tipping services help TikTok creators make money and connect with fans19. TikTok’s “Diamonds” lets fans send virtual gifts that turn into cash for the creator18. Other sites like Tipeee and Ko-fi let fans give money too, either once or every month.
| Crowdfunding Platforms | Tipping Services |
|---|---|
| Kickstarter | TikTok Diamonds |
| Indiegogo | Tipeee |
| Fundable | Buy Me a Coffee |
| Crowdcube | Ko-fi |
Using crowdfunding and tipping, TikTok creators can make more money and connect with fans20. These methods let creators fund projects, engage with their audience, and increase their earnings19.
Offer Paid Subscriptions and Memberships
As a TikTok creator, you can make money by offering paid subscriptions and memberships. This is a great way to connect with your biggest fans21. TikTok has a monthly subscription service called LIVE Subscription. It helps creators earn money and build strong bonds with their fans worldwide21.
Subscribers get special perks like Subscriber Badges, Subscriber-Only LIVEs, and more. They also get to see exclusive videos that only they can watch21.
To use LIVE Subscription, you must be 18 or older and have at least 1,000 followers21. Many creators love this feature. They say it helps them connect better with fans, earn steady income, and build real relationships21.
Creators from different fields, like calligraphy to gaming, find TikTok’s LIVE Subscription valuable21.
TikTok also has other ways to make money, like the TikTok Creative Challenge and Series21. But, remember, you must be 18 to buy subscriptions or send gifts, and follow the rules21.
| Subscription Pricing | Creator Revenue Share |
|---|---|
| $2.99 to $99.99 per month | 50% of virtual gifts received during live streams |
Creators can charge fans $2.99 to $99.99 a month for special perks. They keep 50% of the value from virtual gifts during live streams22. You need at least $100 in earnings before you can cash out on TikTok22.
Using TikTok’s paid subscription and membership options can help creators earn more. It also helps them connect deeper with their fans and find new ways to make money212223.
Conclusion
Creators can make money on TikTok by using different ways to earn. They can join the TikTok Creator Fund, which pays based on how many people watch their videos24. They can also work with brands and sell their own stuff to their fans24.
There are more ways to make money too. Creators can sell merchandise, earn from live streams with virtual gifts24, and use TikTok Shop and the Creator Marketplace for affiliate marketing25.
To do well on TikTok, keep up with new features and trends. Make content that your followers will love. Also, try different ways to make money to make your online business last26. By always changing your approach and trying new things, you can make your TikTok account very successful and profitable24.
If you’re new to TikTok or want to make more money, the platform has lots of chances for creators. It’s a great place to turn your hobby into a job25.
FAQ
What is the TikTok Creativity Program and how does it work?
How can I attract brand partnerships and secure sponsored content deals on TikTok?
What are some effective ways to monetize my own products or services on TikTok?
How can I generate revenue through TikTok’s Live Gifting feature?
What opportunities exist for TikTok creators in affiliate marketing and e-commerce?
How can I use TikTok’s ad platform to monetize my content?
What other monetization options are available for TikTok creators?
Source Links
- https://www.adamenfroy.com/how-to-make-money-on-tiktok – How to Make Money On TikTok in 2024 (7 Simple Ways)
- https://www.socialpilot.co/blog/how-to-make-money-on-tiktok – How to Make Money on TikTok in 2024: 10 Proven Ways
- https://www.framedrop.ai/blog/how-to-make-money-on-tiktok – How to Make Money on TikTok in 2024: 16 Different Ways to Get Paid
- https://upstackstudio.com/blog/tiktok-business-model/ – TikTok Business Model: How Does TikTok Make Money? – Upstack Studio
- https://www.tiktok.com/legal/page/global/tiktok-creativity-program-beta-terms-eea/en – TikTok Creativity Program Beta Terms
- https://blog.hubspot.com/marketing/tik-tok-creativity-program – TikTok Creativity Program: Is it better than the Creator Fund?
- https://crowdfundly.com/blog/what-is-a-paid-partnership-in-tiktok-and-how-to-get-it – What Is A Paid Partnership In TikTok And How To Get It?
- https://www.bigcommerce.com/articles/omnichannel-retail/selling-on-tiktok/ – Promoting Your Ecommerce Brand and Selling on TikTok
- https://www.junglescout.com/resources/articles/how-to-sell-on-tiktok/ – How to Sell on TikTok in 2024: Best Practices for Amazon Sellers
- https://statuo.co.uk/blog/tiktok-made-me-buy-it-should-you-sell-on-tiktok-shop – Should You Sell On TikTok Shop? (How-To Guide) – Statuo
- https://blog.hootsuite.com/how-to-make-money-on-tiktok-4-easy-strategies/ – How to Make Money on TikTok: 16 Ways That Pay
- https://www.shopify.com/blog/make-money-on-tiktok – How To Make Money on TikTok in 2024: 8 Proven Ideas – Shopify
- https://incorpuk.com/blog/make-money-on-tiktok/ – How To Make Money on TikTok in 2024: 13 Proven Ways
- https://www.forbes.com/sites/entertainment/article/how-to-make-money-on-tiktok/ – 8 Strategies To Make Money On TikTok
- https://www.shopify.com/blog/tiktok-affiliate-marketing – The Complete Guide to TikTok Affiliate Marketing in 2024 – Shopify
- https://www.christophtrappe.com/exploring-the-tiktok-affiliate-program-is-it-a-golden-opportunity/ – Exploring the TikTok Affiliate Program: Is It a Golden Opportunity?
- https://www.shopify.com/blog/tiktok-ads – TikTok Ads 101: The Ultimate Guide to TikTok Advertising (2024) – Shopify
- https://recurpost.com/blog/how-to-make-money-on-tiktok/ – How to Make Money on TikTok: A Step-by-Step Guide – RecurPost
- https://crowdfundly.com/blog/tiktok-monetization-10-tips-on-how-to-make-money-on-tiktok – TikTok Monetization: 10 Tips On How To Make Money On TikTok
- https://keyhole.co/blog/make-money-on-tiktok/ – 9 Ways To Make Money On TikTok In 2024
- https://newsroom.tiktok.com/en-us/live-subscription-subscriber-only-videos – Offering More LIVE Subscription Perks with Subscriber-Only Videos
- https://www.uscreen.tv/blog/how-to-make-money-on-tiktok-live/ – How to Make Money on TikTok Live in 2024 | Updated Guide 💰️
- https://www.nbcnews.com/tech/internet/tiktok-creators-will-soon-able-make-money-subscriptions-rcna141946 – TikTok offers creators incentives to make money with longer videos
- https://www.ghostretail.com/post/which-platform-is-better-for-making-money-tiktok-or-youtube – Which Platform Is Better for Making Money: TikTok or YouTube?
- https://involve.asia/blog/6-ways-to-make-money-on-tiktok/ – Ways On How To Earn Money On Tiktok
- https://medium.com/@moneytent/i-experimented-with-tiktok-monetization-for-a-month-the-results-ac8e532bb860 – I Experimented with TikTok Monetization for a Month: The Results
