TikTok introduced new ways for its content creators to make money from their short videos. How to make money on TikTok? Tiktok video creators will start making money easily with the steps below.
The method used will see content creators raking home $2-$8 per 1000 ad 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 live streaming 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 considering expanding access to its Creator Marketplace, launched in 2019, which enables brands to connect with creators for sponsored content and suggestion videos.
TikTok Next Creator and Creator Marketplace
To make money on Tiktok, 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 make it 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 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 to start making money on TikTok.
- 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.
- The creator must have at least 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.
There is no predetermined amount of time that must elapse before a TikTok video review can be completed. How to make money on TikTok needs patience and determination.
However, this is dependent on the material that is included in your video.
Some people have passed the review process in as little as two hours, while others have done so in as little as 24 or 48 hours. In unusual circumstances, the review procedure can take up to a week to complete.
During the review process, TikTok has the authority to restore the video and permit you to carry on sharing it if they find that your content poses no threat.
Nevertheless, it’s not good news if the community standards were broken by your video in any way.
It is quite probable that the video will be taken from TikTok, and if that happens, you run the danger of having your account permanently banned.