It is true that TikTok has introduced a new era of digital celebrities. However, many creators find it impossible to make a living solely from TikTok.

But the good news is that you don’t need to have millions of followers before you can make money on the social media platform!

TikTokers can, in fact, earn money in a variety of ways, from using built-in monetization options to participating in promotional campaigns for companies and music marketers.

So, how about we go over them one by one?

tiktok, earn money in tiktok, tiktok creators fund
(Photo : AFP via Getty Images)

Make Money Using the Creator Fund and Other In-App Monetization Features

According to Business Insider TikTok requires that creators have a certain number of followers and views to access the built-in monetization tools for influencers.

  • A creator must be 18 years old or older and have at least 1,000 followers to get virtual “gifts” during a livestream.
  • A creator must be at least 18 years old and have 100,000 followers to get “tips.”
  • A creator must be at least 18 years old and have more than 100,000 followers to get “gifts” on other videos.

The amount of money an influencer can make from each feature is unknown.

Meanwhile, the social media platform considers a variety of criteria for calculating payouts from its creator fund, including video views, video engagement, the location where a video was viewed, and overall program participants.

Here are the requirements to be eligible to the TikTok’s creator fund:

  • A creator must be 18 years old or older
  • S/he should have at least 10,000 followers
  • The TikTok user must have at least 100,000 video views in a 30-day period

Make Money From Brand Sponsorships

You don’t have to be discouraged if you only have a few thousand followers because brands and marketers’ interests are quickly shifting to “micro” influencers, or to those with less than 100,000 followers.

Well, in some cases, creators rely on business partnerships and song promotions more than the Creator Fund to supplement their income.

How much can a TikToker charge per brand deal? Well, it really depends on the creator.

But to give you an idea, Symphony Clarke (@thethriftguru) told Insider that for a sponsored post, she charged between $350 and $600. She has more than 200,000 followers at the time of writing.

Make Money From Song Promotions

In another Business Insider report, it was noted that promoting music in videos is one of the most popular ways for TikTokers to get money. Music marketers and record labels frequently pay TikTok users to promote new songs by uploading them on the app.

The report mentioned that Nicole, Natalie, and Nika Taylor, who have over 10 million followers on TikTok, charge $750 for a single video, $1,400 for two videos, and $2,000 for three videos to promote a song.

Meanwhile, Austin Georgas, a former senior account manager focused on music marketing at the Gen-Z media startup Flighthouse, said that fees for micro influencers with fewer followers are more variable, ranging from $20 to $150.

TECH NEWS RELATED

Startups reach out to find jobs for the laid-off

Bengaluru: As layoffs hit the sector amid a funding crunch, investor pressure and efforts to cut cash burn, the tight-knit startup community is stepping up to look out for its own. On Wednesday, when edtech company Vedantu laid off 424 employees, citing “scarce capital” — its second round of job ...

View more: Startups reach out to find jobs for the laid-off

Fashion retailer High Street Essentials raises Rs 40 crore in funding from Stride Ventures

ETtech Illustration: Rahul Awasthi Bengaluru: Delhi-based fashion retailer High Street Essentials, which owns women’s fashion brands, FabAlley and Indya has raised Rs 40 crore in a combination of equity and debt from venture debt firm Stride Ventures.With the latest funding, the fashion house through Indya is foraying into the premium ...

View more: Fashion retailer High Street Essentials raises Rs 40 crore in funding from Stride Ventures

Apple's Long-Awaited AR/VR Headset is Almost Complete

On May 9, Apple demonstrated its upcoming AR/VR headset to its board members, indicating that the device is in an advanced stage of development and could see a launch in the near future. Apple has also ramped up the development of the software that runs on the device, with ...

View more: Apple's Long-Awaited AR/VR Headset is Almost Complete

1 killed, 9 injured in S-Oil refinery explosion

ULSAN/SEOUL, May 20 (Yonhap) — One person has been killed and nine others injured in an explosion at a refinery run by South Korean oil refiner S-Oil Corp. in the country’s southwest, firefighters said Friday. The deceased was a subcontractor who was among the 10 others doing repair work at ...

View more: 1 killed, 9 injured in S-Oil refinery explosion

Controlling stake in Arm China may shift to little-known entity as chip joint venture’s ownership saga drags on

Arm China, which has just ended a boardroom bust-up by ousting its former chairman, may end up in the hands of an entity that has little or no public profile, adding a layer of mystery to the British chip design firm’s joint venture. In a press release distributed to ...

View more: Controlling stake in Arm China may shift to little-known entity as chip joint venture’s ownership saga drags on

You can silence a Family’s Member iPhone Alarm with your own iPhone

Are you living in a family household, where everyone has a smartphone belonging to Apple’s iPhone ecosystem? This may not be common in some markets. However, it’s pretty much the standard in places where iPhones take the lead in the segment. In special, we have the US, Apple’s stronghold. If ...

View more: You can silence a Family’s Member iPhone Alarm with your own iPhone

Kia and Rafa Nadal launch ‘Kia Clubhouse’ initiative to inspire next generation of tennis fans

Global tennis experience aimed at making tennis more accessible Launch event in Paris gives local children skills and equipment to empower a lifelong love for the game Kia ambassador Rafa Nadal makes surprise appearance to inspire children The initiative will tour major cities around the world ahead of upcoming ...

View more: Kia and Rafa Nadal launch ‘Kia Clubhouse’ initiative to inspire next generation of tennis fans

Canada to ban Huawei and ZTE and tell telcos to rip out 5G and 4G equipment

While taking longer to ban Huawei and ZTE than some of the Five Eyes, Canada has also gone further by requiring telcos to rip out LTE equipment from the vendors by the start of 2028.

View more: Canada to ban Huawei and ZTE and tell telcos to rip out 5G and 4G equipment

Conti ransomware shuts down operation, rebrands into smaller units

Mastercard will soon allow you to pay with a smile

Viral TikTok shows a new iPhone trick that Instagram fans will love

Thai, Japanese animation rooted in nationalism

New emergency warning over two new VMware vulnerabilities

Java concurrency could be about to get easier

Cisco problems: $15B backlog, China COVID worries, impact of war in Ukraine

Netgear fixes bad Orbi firmware update that locked admin console

Galaxy M13 5G support page goes live in the UK

Guitar that broke up Oasis sells for B14mn

It's gonna be all right, Taylor Swift tells NYU graduates

Why you should be using secure DNS on your Chromebook

OTHER TECH NEWS

Top Car News Car News