TikTok has exploded in popularity over the last few years, becoming one of the top social media platforms worldwide. With over 1 billion monthly active users, it's no surprise that many TikTok creators are wondering how they can start making money from their accounts and turn their TikTok passion into a profit.
The good news? TikTok offers several monetization features that make earning an income as a creator possible. In this comprehensive guide, we’ll explore how to monetize on TikTok and get paid for your content. Spoiler Alert! We created the perfect TikTok productivity planner to help you to achieve all your goals!
Read to find out how to monetize your TikTok account and earn money!
Key Ways To Monetize Your TikTok Account
Here are the main methods you can leverage to monetize your TikTok account and start earning:
TikTok Creator Fund
The TikTok Creator Fund allows eligible creators to earn money from their videos. You can apply to join once you hit 10,000 followers and have at least 10,000 video views in the last 30 days.
TikTok pays creators based on the engagement and views on their videos. The exact amount varies, but reports indicate payouts between 2-4 cents per 1,000 video views. To increase earnings, focus on producing engaging content consistently.
2. Livestreams
TikTok Live allows creators to livestream directly to their followers and receive virtual gifts worth money. Fans can purchase coins to send gifts during live videos as a way to tip their favorite creators.
TikTok exchanges the coin value for real money and pays creators monthly. The top earners on TikTok Live reportedly make up to $2,000 per hour on their livestreams!
3. TikTok Pulse
TikTok Pulse is TikTok’s newest monetization program, allowing prominent creators to earn revenue from branded content that appears on their videos. Brands pay to promote content, and creators earn a cut.
To qualify, you need at least 100,000 followers. This program is still in its early stages but offers major revenue potential for top creators.
4. Affiliate Marketing
Affiliate marketing allows you to earn commissions by promoting products and services on your TikTok account. Join affiliate programs from brands relevant to your audience and niche.
When viewers click your affiliate links and make qualifying purchases, you receive a percentage of the sale as a commission. Affiliate links can be added to your TikTok profile and videos.
5. Sponsored Brand Partnerships
Once you build a sizable, engaged following on TikTok, brands may ask you to create sponsored content. You can negotiate a rate to produce branded videos and posts promoting their products or services.
Make sure to follow FTC guidelines requiring disclosure of paid partnerships. Sponsored content can be very lucrative, with top creators charging thousands of dollars per branded TikTok video.
6. Selling Merchandise
Designing and selling custom merchandise like t-shirts, mugs, and other products is a popular way for TikTokers to monetize. Promote your merch in videos and add links to your TikTok profile.
Platforms like Teespring allow you to easily create merch collections with no upfront costs. Each item sold earns you a commission. Useful tip: create merch showcasing popular sayings or moments from your top videos.
7. TikTok Shopping
TikTok Shopping allows creators to tag products from selected brands in their videos. Viewers can then click to explore and purchase featured products.
If users buy after clicking your tagged content, you earn commissions. Check your eligibility by going to your TikTok account settings and applying to join TikTok Shopping.
8. Promoting Your Products/Services
Many TikTok creators monetize by driving sales of their products, services, or online courses. For example, you could sell custom art prints, music lessons, or digital downloads of your recipes.
Promote your offerings in engaging TikTok videos, add e-commerce links to your profile, and drive traffic to your online store. Being able to sell your products directly to TikTok fans allows maximum monetization.
Key Tips For Monetizing Your TikTok Account
Now that we’ve covered the top ways to earn money on TikTok, here are some important tips to optimize your monetization strategy:
Consistently Produce High-Quality Content
The foundation is regularly publishing content your audience loves interacting with and sharing. Focus on your niche, leverage trends, and churn out likes and comments. This organic growth and engagement make you eligible for monetization features.
2. Understand Your Analytics
Analyze metrics like video views, follower growth, and engagement rates in your TikTok Analytics. This helps identify your strongest performing content so you can refine your strategy. Monetization correlates directly with high performance.
3. Join a Multiplatform MCN
Joining a Multi-Channel Network (MCN) like Fullscreen or ONE RPM provides resources and tools to boost views and revenue. MCNs can also facilitate sponsorships and paid content opportunities.
4. Strengthen Your Personal Brand
Build a recognizable personal brand across platforms like Instagram and YouTube too. Having a broader, loyal audience increases your authority and appeal to brands for sponsorships.
5. Collaborate With Other Creators
Collaborating on content with other popular creators exposes you to new audiences and helps accelerate your growth. The right collaborations can lead to monetization opportunities.
6. Promote Your Account
Leverage your other social profiles, real-life connections, and influencer contacts to cross-promote your TikTok account. Growing your followers faster unlocks monetization features sooner.
Frequently Asked Questions About Monetizing on TikTok
If you’re wondering how to monetize your TikTok account, you likely have questions about how it all works. Here are answers to some common FAQs:
How do I monetize TikTok to get paid?
The main ways to monetize TikTok are joining the Creator Fund, earning from Livestreams and TikTok Pulse, affiliate marketing, sponsored content, selling merchandise, using TikTok Shopping, and promoting your products/services.
2. How much does TikTok pay per 1,000 views?
The TikTok Creator Fund reportedly pays around 2-4 cents per 1000 views. Top creators on Livestreams can earn up to $2,000 per hour in viewer gifts. Exact incomes depend on many factors.
3. Is it possible to monetize TikTok?
Yes, TikTok now offers a variety of programs allowing creators to monetize their accounts and earn real money from their content and followers.
4. How much does TikTok monetization pay?
TikTok monetization programs can pay anywhere from a few cents per 1000 views up to thousands for branded sponsorships or even up to $2,000 per hour for top livestreamers. Top creators earn 6 figures annually from TikTok monetization.
Start Monetizing Your TikTok Today
As you can see, the opportunities to turn your TikTok account into a moneymaker are endless! By consistently creating engaging content, building your followers, and leveraging TikTok’s built-in monetization programs, you can begin earning income doing what you love.
Maximize your TikTok video strategy and unlock more views and revenue with the TikTok Productivity Planner This useful planner and tracker template will help you schedule and organize your content to grow your account faster.
The opportunities on TikTok are tremendous, especially for savvy creators who take a strategic approach. Implement these monetization tips, stick to a consistent posting schedule, and watch your earning potential soar!
