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How to Make Money on TikTok

How to Make Money on TikTok

TikTok has become a popular platform for content creators to showcase their talent and make money while doing it. In this article, we will discuss various ways to monetize your TikTok account and provide a step-by-step guide on how to make money on TikTok.

TikTok Creator Fund

One of the main ways to make money on TikTok is through the TikTok Creator Fund. This fund was set up by TikTok with an initial investment of $200 million and is continuously being raised. The Creator Fund pays creators based on the number of views they receive on their videos. To be eligible for the TikTok Creator Fund, you need to fulfill the following criteria:

  1. Country Eligibility: The Creator Fund is currently available in select countries. In the United States, the eligibility criteria include being at least 18 years old.

  2. Followers: You need to have at least 10,000 authentic followers on your TikTok account.

  3. Views: You must have accumulated at least 100,000 authentic video views in the last 30 days.

  4. Original Content: Your videos should be in line with TikTok's community guidelines and should feature original content.

Other Monetization Methods

Apart from the TikTok Creator Fund, there are other ways to make money on TikTok as well. These include:

  1. Creator Marketplace: With a minimum requirement of 100,000 followers, you can collaborate with sponsors and brands. By featuring their products or services in your videos, you can earn money through sponsored content.

  2. Live Gifting: Once you are eligible to go live on TikTok, you can receive virtual gifts from your audience during your live streams. These gifts can be exchanged for real money.

  3. Affiliate Marketing and Cross-Promotion: You can utilize affiliate marketing by linking out to your YouTube channel or other platforms where you can earn commissions for driving traffic or sales. Additionally, you can cross-promote your content on other social media platforms to expand your reach and potentially increase your earning potential.

How to Apply for the TikTok Creator Fund

  1. Open the TikTok app and navigate to your profile page.
  2. Tap on the three dots in the top-right corner to access the settings menu.
  3. Select "Manage Accounts" and then switch to a TikTok Creator account if you don't have one already. If you have a personal or business account, you will need to switch to a Creator account first.
  4. Choose your category and proceed to the next step.
  5. Once you have a Creator account, go to "Creator Tools" on the settings menu.
  6. Navigate to "TikTok Creator Fund" and click on it.
  7. Review the eligibility criteria and click on "Apply" to start the application process.
  8. Verify your age and fill out any required information, such as your tax details.
  9. Submit the necessary documents, such as a photo ID, for verification.
  10. Wait for the application to be reviewed, which may take up to 24 hours.
  11. Once approved, you will be directed to choose your currency and provide further information.
  12. Fill out the tax information form and any other required forms.
  13. Your balance will initially show as zero, and it may take up to three days for updates to reflect in your account.

Please note that the application process and eligibility criteria may vary based on your location and TikTok's policies. It's best to refer to the official TikTok Creator Fund guidelines for the most accurate and up-to-date information.

Keywords

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FAQ

  1. How can I start making money on TikTok? To start making money on TikTok, you can apply for the TikTok Creator Fund and fulfill the eligibility criteria. Additionally, you can explore other monetization methods like the creator marketplace and live gifting.

  2. How many followers do I need to be eligible for the TikTok Creator Fund? To be eligible for the TikTok Creator Fund, you need at least 10,000 authentic followers on your TikTok account.

  3. Can I apply for the TikTok Creator Fund if I am under 18 years old? No, the TikTok Creator Fund requires you to be at least 18 years old to be eligible.

  4. Do I need to have a certain number of video views to apply for the TikTok Creator Fund? Yes, you need to have accumulated at least 100,000 authentic video views in the last 30 days to be eligible for the TikTok Creator Fund.

  5. Can I make money on TikTok without the TikTok Creator Fund? Yes, there are other ways to make money on TikTok, such as through the creator marketplace, live gifting, affiliate marketing, and cross-promotion on other social media platforms. These methods may have different eligibility criteria and requirements.

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