TikTok introduced new ways for it’s content creators to make money from their short videos. How to make money on TikTok? Tiktok video creators will start making money easily with steps below.
The method use will see content creators raking home $2-$8 per 1000 ads impressions with those ads watched getting more.
Already the short-form video platform authorized creators to accept virtual gifts from fans during TikTok LIVE videos. Now video creators in the new features will allow creators to accept payments and real gifts.
They also introduced payments when they’re not livestreaming through the addition of Tips and Video Gifts.
How to make money on TikTok?
These features are rolling out in conjunction with a new “Creator Next” portal, which regulates all TikTok’s monetization opportunities in one place.
Tiktok firm also considers expanding access to its Creator Marketplace, launched in 2019, which enables brands connect with creators for sponsored content and suggestion videos.
Tiktok Next creator and Creator Marketplace
Now, TikTok creators with at least 10,000 followers will be able to sign up for the TikTok Creator Marketplace to collaborate with brands on various opportunities.
Tipping and video gifting characteristics will enable creators to make money from their videos while offering a way for fans to show their support for their beloved creators in new ways.
The new TikTok features makes it be in direct competition with other social media platforms, like Instagram or YouTube, where creators have a variety of ways to generate revenue from their content.
The company tested the new direct tipping feature last month, but had said at the time the feature was not yet extensively available.
How to make money on TikTok with these easy steps
During the tests, creators had to have at least 100,000 followers and had to be in good standing with TikTok, according to screenshots of the feature in action.
Once approved, creators were given a Tips button to add to their profiles to accept the direct payments.
How to make money on TikTok in America? TikTok’s monetization features are now broadly available to creators in the U.S., U.K. Germany, France, Italy, and Spain.
Canada and Australia and Africa will gain access from January 2022.
Tiktok age requirements
Tiktok explains that eligible creators must be 18 or older, and will need to meet minimum follower requirements which may vary depending on their region.
- At least 1,000 video views over the past 30 days.
- At least 3 posts in the last 30 days.
- Their accounts must be at least 30 days old and in good standing with TikTok’s Community Guidelines with no repeated rule violations.
- TikTok says creators will receive 100% of the tips.
- Creator must have atleast 10,000 followers.
- Tippers pay a small processing fee to TikTok’s payment provider, Stripe, to cover service fees — but the company itself isn’t taking a slice of that revenue. (This way, the payments can also avoid the App Store’s in-app purchase fees).
Tiktok video monetisation payment method
The Creator Next online portal also links creators to other monetization opportunities, including the Creator Marketplace and TikTok’s Creator Fund, which pays creators directly for popular content.