TikTok is the app that has taken the world by storm. I can’t even count how many times I have gotten stuck on this app for way too long when I had more important things to be doing. The big question is: can you make money on TikTok? The answer is yes.
Related: Make money watching videos, taking surveys, and playing games on Swagbucks.
What Are The Different Ways to Earn Money On TikTok?
There are a few different ways to make money on TikTok, other than doing the renegade dance, believe it or not. To find information on how to make money on TikTok, check out the TikTok creator portal which can be found in the settings on your TikTok app.
Here are some short descriptions of the best ways to earn money on TikTok.
1. TikTok’s Creator Fund
To participate in the creator fund, there is some criteria you need to meet.
- Be 18 years old or older
- Resident of the United States
- Have at least 10,000 followers AND
- 100,000 views minimum in the past 30 days
If you believe you meet all the criteria apply today! Funds are calculated based on several factors such as video views and engagement.
2. Creator Next
TikTok’s Creator Next allows you to maximize your opportunities for making money on TikTok. Creator Next offers creators more ways to collaborate with brands.
The requirements for Creator Next are pretty similar to the Creator Fund.
- Users must be at least 18 years or older
- Reside in the United States
- Have at least 1,000 views in the past 30 days
- Have at least 3 posts in the last 30 days
3. Creator Marketplace
Tiktok creators that want to collaborate with brands more should check out the creator marketplace for making money on TikTok. With the Creator Marketplace, users can collaborate with brands both on paid and reward-based campaigns.
If you’re interested in getting brand deals and are okay with posting sponsored content to your account, the Creator Marketplace is the tool for you.
4. Video Gifts and Live Gifting
Video gifts are a way for Tiktok creators to engage their audience. TikTok awards gifts to videos on a video-by-video basis. When a user wants to show a creator they liked the video they can go into the comments and give the gift there. In turn, this gives more inspiration for creating content to the influencer.
Live gifting is similar to video gifting. During an influencer’s live stream, users can send gifts live during the video. This is a great way for TikTok influencers to increase audience engagement while making money.
Tips are a way for viewers to directly support their favorite TikTokers. When enrolled in this program, viewers can select the “tips” icon on a user’s profile page. Then they can send any amount they want to the creator.
What is the TikTok Creator Fund?
To earn any money at all on TikTok, a user must first apply to the Creator Fund and get in. The Creator Fund is how TikTok offers rewards to its creators.
To be eligible to apply for the TikTok Creator Fund, here are the user requirements:
- Must be 18 or older
- Resident of the United States
- At least 10,000 followers
- At least 100,000 views in the last 30 days.
Once admitted to the Creator Fund you gain access to a variety of tools to earn money for posting content, including Creator Next, The Creator Marketplace, Video gifts and live gifting, and tips.
What is the TikTok Creator Marketplace?
- The TikTok Creator Marketplace is one of the tools creators gain access to when they join the Creator Fund.
- The Creator Marketplace directly connects the TikTok user with brands. Essentially is it influencer marketing.
- Users connect with brands and get deals for sponsored content.
How Can TikTok Users Make Money?
There are many different ways TikTok users can make money on TikTok. To start earning money on the app, users must first join the Creator Fund.
Once in the creator fund, there are tools there that can create multiple income streams for users, such as Creator Next, the Creator Marketplace, Video and Live Gifting, and Tips.
Tik Tok users can also make money by selling merchandise. This is a great option for more established creators, or people looking to gain a better connection to their audience.
Other ways to make money on TikTok include:
- Promoting your account on other social media platforms
- Posting sponsored content
- Getting branded partnerships
How Does TikTok Pay Creators?
The amount of money TikTok pays creators depends on a few factors, how many views they got, how many of those views were authentic, the level of engagement with their content, and whether or not the content was compliant with TikTok’s community guidelines.
TikTok does not put a cap on how many creators are allowed into the creator fun, nor the number of funds available. Your potential earnings are limitless.
Once you start getting paid the funds will appear in the Creator Fund dashboard. From there, you can withdraw your earnings to a third-party payment like PayPal or Venmo.
Are There Other Platforms Like TikTok Where I Can Earn Money?
You can earn money on any social media platform if you know how to do it.
If you are someone who gets paid to post sponsored content on TikTok, you can also do that on other social media apps like Instagram and Facebook.
Or if videos are more your speed you can also get paid to post videos on YouTube (there are minimum requirements like TikTok though).