TikTok has developed into one of the biggest social media platforms where users can make money through their creativity and following trends.
While TikTok offers many monetization options, you need to know how to navigate them professionally and safely. But how do you make money on TikTok without getting trapped in contracts or scammed?
In this piece, we will walk through how to monetize, ways to monetize, and techniques to protect yourself against extortion.
Can you make money on TikTok?
Yes, it’s possible to make money on TikTok. The platform has more than one billion active users, hence it presents many lucrative ways to monetize content.
There are several methods to make money, from collaborating with brands or paid promotions, to TikTok’s creator fund, and live gifting. It does not matter if you have a hundred thousand followers or simply dreaming about it. TikTok offers multiple ways to earn money while being creative.
TikTok monetization requirements
For your TikTok account to be monetized, here are the key milestones you have to meet.
- Age requirement: Users will have to be 18 years and above to join most monetization programs.
- Follower count: For instance, the creator fund can only be applied if the account has at least 10,000 followers.
- Video views: Qualification for any payment through the creator fund can only be made if the creators have the stipulated views.
- Engagement rate: The TikTok algorithm creates more visibility if you rate highly with likes, shares, comments and watch time.
- Content compliance: TikTok has some rules or policies, which are called community guidelines and terms of service. These rules must be followed by creators that want to monetize their content.
Why TikTok is an excellent platform for earning money?
It is profitable to create content on TikTok, as there are many options to make money. TikTok provides many niches which users can take advantage of and monetize through.
- Massive global audience
TikTok has more than 1 billion active users globally and provides niches with incredible opportunities to attract more people.
- Variety of monetization options
The TikTok platform has several sources of monetizing content, which makes it an ideal place for creators. Creators can make money through the creator fund, sponsored collaboration with brands, affiliate marketing, live streaming with gifts and TikTok Shopping.
- Engagement-based algorithm
TikTok’s user engagement is more of an engagement game of follower counts, likes, comments, shares, and watch time. The fact is that even those with a limited number of subscribers can hit the viral list if the audience is interested in their videos. High levels of interaction are preferred. Because it raises awareness, and the more traffic generated, the more chances for monetization on TikTok.
How do you make money on Tiktok: 8 valid ways to cash in
There are many ways of how to make money on TikTok, which you can use to monetize your content.
These methods can be useful for any creator – whether they have thousands of followers or want to start their TikTok account.
Sell product on TikTok shop
TikTok shop is one of the simplest and most straightforward methods of monetizing your account by selling products on the app.
This is particularly advantageous for content creators who already have an active audience. Viewers can be taken straight from the video to the product section. The shop is more effective when you have unique products, merchandise or handmade pieces readily available for sale.
Take part in Affiliate programs
Affiliate marketing is one of the most efficient methods of making money on TikTok.
Users can create content promoting third-party brands and get money for every product they sell through their affiliate link. This method is beneficial to the creators with engagement or an audience interested in products and services they want to promote.
Go live on TikTok
Going live is one of the best ways you can make money on TikTok through live gifts.
Many TikTok viewers give virtual gifts to their favorite creators during live broadcasts which can be transferred into real money. Going live not only allows you to interact with your audience in real time, but also helps increase their loyalty and chances of donating.
Offer paid services and content
The more creative, skilled and interactive you are, the easier it is for you to sell paid services and content to your audience.
Whether you’re a fitness trainer, a makeup artist, or a life coach, you can create a catalog of individual webinars and offer content that you can sell to your audience. This method is effective for creators who have background knowledge about a specific niche and can provide valuable content for the target audience in exchange for money.
Collaborate with brands
Many brands are interested in collaborating with influencers who have a massive audience to promote their product and services in exchange for payment.
Brand partnership is often very lucrative. Because it allows you to collaborate with some of the biggest industries in the world. Though it is best suited for those who already have an idea of their audience and how to make sponsored content interesting to them.
License your TikTok content
Another way that creators are paid is through merchandising their TikTok videos to other companies, media and brands.
Thus, if your content is popular or easily becomes so, it can be sold to brands for advertisements or promotions. This method is especially ideal for anyone who has videos that attract the attention of a massive audience.
Join TikTok creativity program Beta
For creators who are interested in trying out unique ways to earn, TikTok’s creativity program beta is a great option. This means extra streams of income like performance-based incentives which reward creators for producing high-quality content on TikTok.
However, it’s best for creators who are constantly uploading fresh high-quality.
Start a Patreon
Having a Patreon is also another option for making money on TikTok.
Patreon helps creators share extra content with subscribers for a fee. This method is suitable for creators who can easily persuade their audience to join their Patreon.
Advice on how to maximize your TikTok earnings
- To monetize your TikTok effectively, try to consistently produce high-quality content that your target audience would engage with.
- Create content that will encourage your audience to share their thoughts on the comment section and participate in trends that you guide them to.
- Build a strong and more interactive audience by doing live streams and connecting with your fans and followers.
- To spread out your revenue, it is recommended to use several monetizing models integrated with each other: the creator fund, affiliate sales, promotion of brands, and TikTok shop.
Is it secure to make money on Tiktok?
While TikTok is a secure place for making money, you have to be careful and avoid mistakes like not following guidelines, oversharing personal information and unhealthy competition.
How TikTok protect its creators?
TikTok safeguards its content creators through several ways like protection of accounts using two factor identification. It also helps in payment options which support monetization initiatives and strong mechanisms for filtering of obscene or unwanted content.
How to get paid on TikTok while maintaining safety?
Earning money from TikTok is safe when you observe certain measures of security.
- Add two-factor authentication to make sure your account can’t be easily hacked.
- Do not buy or sell in transactions directly on TikTok; instead, use formal programs prepared by TikTok, like creator fund or TikTok shop to guarantee safe payment.
- Be careful about sponsored posts – always check partnerships through TikTok’s creator marketplace, or look up the companies on your own.
Should minors get paid from TikTok?
TikTok’s monetization programs require users to be 18 years or older. Minors below 18 years old can still participate through the monetization process. But it has to be through parental approval and guidance.
While some participants are below the required age group, they can be helped by their parents to monetize their content to guarantee their safety.
What should parents do if their kids get monetized on TikTok?
TikTok is no exception. Identifying that your child is making money TikTok can raise unexpected questions about security, responsibility, and how to handle their earnings effectively.
While there’s nothing wrong with kids earning through their creativity and hard work, parents need to step in to ensure kids are safe and handle their money effectively.
Tip 1. Communicate and understand
You have to communicate with your child to know how they got monetized in the first place and the type of content they create.
Inquire about the aims, affiliations and revenues of the website or whatever they’re working on or with. This will help you know whether they are responsible or if they need help in managing their TikTok interactions and monetization.
Tip 2. Monitor content and financial management
Watch with your child’s content and follow up to see whether the material your child is posting on TikTok is appropriate for their age.
Also, check whether the content they upload suits the family’s standards and is acceptable to TikTok’s rules and regulations. Explain why people ought to be very sensitive about privacy. Besides, make sure they know the dangers of giving out personal information online.
If they are earning, it is good to teach them basic lessons of saving and spending to ensure they do it correctly.
Tip 3. Set up parental control app
FlashGet Kids is the ideal app parents can use to track their kids’ TikTok activity and know what they’ve been up to behind their back. This app enables parents to set screen time control and monitor the content their kids post or interact with the most.
FlashGet Kids also has a keyword detection that can be used to filter certain words on Tiktok. The feature is able to ensure your kids are safe and have positive interactions.
Conclusion
If you were wondering how do you make money on TikTok, we’ve covered the eight proven strategies to do just that. TikTok is a great place for expert or beginner creators to monetize their content and make money based on their creativity.
However, you need to keep an eye on your kids’ TikTok activity and monetization program, which can help you ensure they’re not being exploited, accessing inappropriate content, or being bullied in the comments.
If you need additional help to manage your kids, you can always rely on FlashGet Kids. The app has an effective monitoring and filtering feature.
FAQs
The creator fund is available for users with at least 1,000 followers. But to earn money on Tiktok you’ll have to back it up with engagement and valuable content.
For you to get paid on TikTok, you’ll need to earn 100,000+ views on videos within 30 days. However, other factors like content quality and engagement will weigh in on whether you get paid or not.
When posts get likes it does not automatically translate into getting paid. What matters is the engagement and post performance requirements of monetization programs.
Yes, a 16 year old can make money out of TikTok creator fund, live gifts, as well as brand partnerships. However, these attempts are regulated by TikTok’s policies, and parent’s permission may be needed.
Yes, TikTok creators can afford sponsored posts, and canvassing brands, although this is not a part of the TikTok monetization programs.
Beauty, fitness, and lifestyle content usually make more money off expensive brands. But high view count on any type of video generates a lot of money as well.
