TikTok has over 800 million users and is considered the leading video creation platform. Its practicality and easy-to-use features make TikTok quite attractive for users, especially those who are thinking about the influencer career more seriously. As with any social media platform, TikTok accounts can be monetized as well, and here 4 ways to do exactly that.
#1 Use the TikTok Creator Fund.
As a way to show their appreciation of the creativity and authenticity within the app, TikTok has created this fund to reward different users and help them continue doing what they love. Funds depend on different factors, and users' earnings depend on how their authentic views and other factors flow. As of March 2021, users with a minimum of 100K authentic video views in the last 30 days will be able to join this initiative. This is a great motivation for users to tap into their creativity and take it to a new level while aiming to reach a certain goal.
This can be a great way to earn money if you want to avoid working with brands or, on the contrary, want to attract their attention. TikTok users can tip livestreamers with "coins" in form of online gifts, which then can be turned into tangible money. The app gives 80% of the said tip to the livestreamer. This helps grow your account as a creator and increases your chances of being noticed by brands! Important point: you have to have more than 1000 followers on TikTok to be able to liveastream.
Nobody canceled paid partnerships and ambassadorship. There are always brands that want to partner up with influencers to promote their products/services. Be sure to do your research the brand and the terms of the collaboration beforehand and stay true to yourself. Remember that people value honesty and authenticity.
#4 Create, grow, and sell.
This requires much energy and dedication, but there are many people who want accounts with a large following, and you can deliver that. If you have the skills and willingness to invest a significant amount of your resources and time, you can create TikTok accounts and grow them, each with corresponding audiences and purposes, and sell them.
TikTok's growth rate, the pace at which it continues to grow, and the ways this app helps its users make money are some of the features that make it a great option for online creators to establish themselves and monetize their accounts.
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