6 ways to monetize your TikTok account

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In just a few years, TikTok, the giant of short video sharing, has become a social networking staple. Thanks to its dazzling popularity, many content creators have seen in this platform an unprecedented opportunity to monetize their creations. But how to make the most of your presence on TikTok? If you're wondering, you've come to the right place! In this article, we'll explore 8 effective levers for monetizing your TikTok account.

First of all, dive into the fund for TikTok creatorsan initiative launched in 2020. Designed specifically for sustain those who bring the network to lifethis fund offer to talented designers remuneration in line with their commitment and of the scope of their content. But what are the eligibility criteria? How to activate this fund by 2024? And above all, how much can you really earn with this method?

Next, we examine other strategies such as the sale of merchandising, monetization via gifts at Lives, collaboration with brands via the TikTok Creator Marketplace, and much more.

That you are a novice looking to get started in the TikTok adventure Where an experienced creator seeking to maximize incomethis guide will provide you with clear answers and concrete. Without further ado, let's discover these tips for effective monetization your TikTok account.

 

Method 1: Earn money on TikTok, the fund for TikTok Creators

In 2020, TikTok set up a fund to support the platform's creators. Aware that these same creators are the lifeblood of the network, TikTok has decided to remunerate them. The aim of this fund is to enable the most creative people to live life to the full with TikTok.

 

What are the conditions for making money on TikTok?

  • You must have at least 18 years old ;
  • You have to reside in France, the United Kingdom, Spain, Italy or the United States ;
  • Your TikTok account must have at least 10,000 followers (Click HERE to reach 10,000 followers on TikTok) ;
  • Videos posted on your TikTok account must accumulate a total of at least 100,000 views
  • Observe conditions of use from TikTok.

As a reminder, you need 1,000 subscribers to do a Tiktok live. Find out more here:

How to activate the Creator Fund on TikTok by 2024 ?

  • Launch application TikTok on your phone;
  • Touch the your profile ;
  • Select the menu drop-down menu in the upper right-hand corner;
Image illustration of a TikTok profile
Screenshot of a TikTok profile
  • Access to "Settings and privacy ;
  • Select option "Creator ;
Illustration of how to activate the creator profile on TikTok
Screenshot of TikTok to activate the Creator profile
  • Choose "TikTok Creators Fund ;
Image illustration of fund activation for content creators
Screenshot of TikTok to activate the fund for TikTok creators
  • Click on "Apply.

At this stage, make sure yoube over 18. If you are under 18, you will not be able to withdraw your money from the TikTok Creator Fund. You will then be to select your country and your motto.

After completing all these steps, you haveou will have access to the Fund dashboard for TikTok Creators.

 

How much can the TikTok fund earn?

Compensation paid to TikTok creators depend on many factors such that: lumber of views, the veracity of these views, your commitment rateand it is imperative that the content complies with the general conditions of use.

He there are no restrictions as to the nature of the of the content, as long as it adheres to the conditions of use. Furthermore, thehere is no ceiling on the amount paid dailyIt depends mainly on the number of videos shared and the number of views generated. TikTok has also announced its commitment to allocate more than 250 million euros over a 3-year period for creators.

 

Is it really possible to monetize your business thanks to the TikTok fund?

As the amount paid out by the creator fund is closely linked to the number of views accumulated, it can be difficult to generate a steady income. If you are already have a solid subscriber baseyou may be able torreceive additional income from TikTok. However, for those with few followers, chances to earn significant compensation through this program are thin.

In practical terms, it remains very complex to subsist solely on earnings from the TikTok creator fund.

 

Method 2: Selling merchandising directly via TikTok

One strategy for monetizing your TikTok account is to selling products directly to the community. The major advantage of this approach is that it is accessible to allwhether you are artist, sportsman, actor Where simple content creator.

We have observed a growing trend over the years, with influencers offering, for example, autographs for sale. However, there are more ethical options available the sale of goodies is an excellent idea. All you need isplace your brand or logo on the chosen item. Better yet, create a product with your own hands offers a personal touch that's more likely to appeal to your audience.

 

Method 3: Monetization on TikTok via gifts during Lives

In 2022, TikTok became the app where Internet users spent the most, surpassing renowned mobile apps like PUBG. According to analyst firm Data.IA, them spending on TikTok amounted to $840 million that year, indicating a lucrative market for content creators.

Illustration of the different virtual gifts on TikTok
Image created for our site

But where does all this money go?

TikTok owns a virtual currency system and still little known to the general public. Users can buy "coins" on the platformwhich they can then exchange for gifts. The cost of these parts depends on the pack : 0.99 for 65 pieces, $4.99 for 330 pieces, and 9.99 for 660 pieces. These parts are then convertible into virtual gifts.

The value of these gifts varies according to their type:

  • A rose is 1 piece ;
  • A cat is 3,999 pieces ;
  • A lion is 29,999 pieces (i.e. 400$) ;
  • And the "gift universethe present the most expensive from TikTok, is priced at 500$ or 34,999 pieces.

 

Monetize your TikTok account with gifts: How does it work?

Gifts on TikTok are ephemera. During a Live, users can offer these gifts to designers they wish to support, thus showing their appreciation for the proposed content. Once the gift is receivedthe designer can sell it back to TikTokThis is a source of income. However, it should be noted that TikTok charges a substantial commission of 50% on these transactions. In the end, TikTok remains the biggest financial beneficiary its own platform...

 

Method 4: Collaborate with brands via the TikTok Creator Marketplace

Illustration of the TikTok Creator Marketplace
Image taken from the Internet

The TikTok Creator Marketplace is one of the preferred platforms to effectively monetize a TikTok account. It offers a space where designers can register and put themselves forward forging partnerships with advertisers.

To maximize their chances, designers should take care of their profile : specify their areas of expertise, write an engaging description, and indicate their rates for a video collaboration.

As for the advertisersthey can easily browse the marketplace in search of the designer they're looking for. This interface greatly simplifies the process of bringing designers and brands together, offering numerous opportunities to those registered on the platform.

 

Method 5: Create your own advertising campaigns on TikTok and market your products

An alternative strategy for monetizing your TikTok account is to create your own advertising campaigns and of promote its products. However, this approach is among the riskiest. It requires a substantial investment to sponsor your content to reach new subscribers. In addition, it is essential to design publications with high viral potentialwhich may involveinvest in assembly skills or the high-quality materials to maximize engagement.

The ad manager interface will allow you to manage your campaign autonomously. From this platform, you can target users precisely according to their interests, gender, age range, etc. If you have an online store on Shopifyit is also possible to integrate this manager for centralized management.

 

Method 6: Encourage your subscribers to support you on Patreon

An effective way to monetize your presence on TikTok is to turn to participatory financing platforms. The latter provide an opportunity for admirers provide financial support for your projects. Several platforms allow contributions ranging from 2 to 100 euros.

Faced with the effectiveness of this model, many social networks, including TikTok and YouTube, have chosen todirectly integrate this remuneration option. However, if your ambition is to generate regular, passive income, of the subscription platforms such as Patreon prove ideal. Specially designed for creators, Patreon is the perfect way to adapted to the TikTok dynamic.

The major advantage of this method is that it lets you focus on growing your subscriber base. The challenge lies in building a solid community ready to support you. A a simple monthly subscription of 1 or 2 euros in exchange for exclusive content can prove profitable. It is clever toopt for a affordable pricing to reach a wide range of your audience.

Here are a few recommendations for maximizing your income with a subscription model:

  • Valuing loyalty Offer your subscribers exclusive benefits to encourage them to contribute more.
  • Promote your Patreon page Make sure your audience knows about your Patreon page. Highlight it on your TikTok profile and mention it in your videos, especially after you've gained new subscribers.
  • Accessible pricing A small amount from a large audience is often more productive than a large amount from a small group.
  • Regular content updates Contributors expect regularity. Be consistent in your publications and renew your content to maintain interest.

 

FAQ: Monetization on TikTok

We've compiled a few frequently asked questions about monetizing your TikTok account.

What are the basic requirements for monetizing my TikTok account?

  • Have at least 18 years of age.
  • Be located in France, the United Kingdom, Spain, Italy and the United States.
  • Have a TikTok account with at least 10,000 followers.
  • The videos on your TikTok account must accumulate at least 100,000 views.
  • Observe conditions of use from TikTok.

 

What is the "TikTok Creators Fund" and how do I access it?

The Fonds pour les Créateurs is a TikTok initiative to remunerate talented creators who drive the platform. To activate this fund:

  1. Open the TikTok;
  2. Click on your profile icon ;
  3. Click on the drop-down menu top right ;
  4. Go to " settings and privacy " ;
  5. Press on "Creator then " Fund for TikTok creators " ;
  6. Follow the instructions to finalize your registration.

 

What are the remuneration criteria with the TikTok Creators Fund?

Compensation depends on several factors as the number of views, the authenticity of these views, the commitment rate, and the compliance with general conditions TikTok terms of use. There is no limit on the type of content you can post, as long as it complies with the terms of use.

 

How does the Live Gift system work on TikTok?

Users can buy virtual coins on TikTok which they then exchange for gifts to show their appreciation to a designer during a Live. These gifts vary in valuefrom a rose worth a coin to a universal gift worth 34,999 pieces (500$). Creators can resell these gifts on TikTok to earn money.

 

How can I partner with brands and sell my own products on TikTok?

TikTok offers a platform called "TikTok Creator Marketplace where designers can sign up for partnerships with advertisers. You can also create your own ads on TikTok to promote and sell your products. It is also possible toencourage your subscribers to support you via subscription platforms such as Patreon for a steady income stream.

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