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The TikTok Money-Making Guide: Creator Fund, Creator Marketplace, Affiliate Marketing and More!

The TikTok Money-Making Guide: Creator Fund, Creator Marketplace, Affiliate Marketing and More! ?

Even if TikTok just seems like an entertainment app where you spend hours scrolling, content creators, influencers, and marketers are capitalizing on the opportunity to monetize this social network. But can just anyone make money on TikTok? Are there certain requirements? In today’s article, I will answer those questions and more on how to make money on TikTok. If you're serious about building your brand or business on TikTok, make sure to take notes of the following ways. Let’s dive in!

1. TikTok Creator Fund

Who knew that making money from your favorite app could be possible? The TikTok Creator Fund rewards and celebrates talented creators on the app. However, you must meet the following requirements to apply:

  • Be at least 18 years old.
  • Be a legal resident of one of the 50 states, District of Columbia, or a US territory.
  • Have at least 10,000 followers.
  • Have at least 100,000 views in the last 30 days.
  • Post original video content that complies with TikTok's Community Guidelines.

If you meet these requirements, you can go inside the TikTok app, navigate to account settings, click on Creator Tools, and then find the TikTok Creator Fund. Once your videos start receiving engagement, you will see your funds in the Creator Fund dashboard.

2. TikTok Creator Marketplace

The second way to make money on TikTok is by collaborating with brands through TikTok's Creator Marketplace. This allows creators to create advertising content to promote brands while receiving compensation. The requirements are as follows:

  • Be at least 18 years old.
  • Own a personal or creator account (business accounts are not eligible).
  • Have over 100,000 followers.
  • Have uploaded at least three videos in the last 28 days.
  • Received over 100,000 likes in the last 28 days.
  • Live within one of the 24 countries where the Creator Marketplace is available.

If you meet these requirements, you can apply to brands with open campaigns or be invited directly by brands to collaborate.

3. Affiliate Marketing

Affiliate marketing allows you to connect with brands or businesses you trust to promote their products. When followers purchase a product through your provided link or code, you'll receive a commission from the brand for that sale. However, you must have a business account to place clickable links in the video description or your bio.

4. TikTok Shopping

For small business owners, TikTok partnered with Shopify to allow you to sell directly through the app. Make sure to review the TikTok Shop guidelines to see if you meet the requirements. You can spread the word about your business through in-feed videos, lives, and product showcase tabs.

5. Sell Your Products

If you don't meet the requirements for the TikTok Shop or you want to promote your side hustle, you can still sell your products. Personal accounts can promote an e-commerce website through videos or a link in the bio. Business accounts can link websites like Shopify, BigCommerce, and Square Online to start generating more sales.

6. TikTok Ads

Running TikTok ads is another way to drive sales to your business or eCommerce site. Here are the steps to create a TikTok ad:

  • Become a TikTok Ads Manager (link in video description).
  • Enter basic details and agree to terms and conditions.
  • Navigate to the dashboard and click on Campaigns > Create.
  • Name your campaign, set a budget, define your target audience, select where the ad will appear, and upload the ad content.

7. Collect Tips or Donations

TikTok’s tipping feature allows creators to receive money from fans. Fans can send virtual gifts and coins, which can be redeemed for diamonds (TikTok’s digital currency). Enough diamonds can be traded for real cash. Other third-party platforms can also be connected to receive tips.

The options to make money on TikTok are endless, and these are just a few ways you can start. Whether you're new to TikTok or a rising star, use these strategies to help grow your brand or business. Thank you for reading, and don’t forget to subscribe to our channel for more social media tips and advice!

Keywords

  • TikTok Creator Fund
  • Creator Marketplace
  • Affiliate Marketing
  • TikTok Shopping
  • Sell Products
  • TikTok Ads
  • Collect Tips
  • Monetization

FAQ

Q1: What are the requirements for the TikTok Creator Fund?
A: You must be at least 18 years old, a legal resident of the US, have 10,000 followers, 100,000 views in the last 30 days, and post original content that complies with TikTok's guidelines.

Q2: How can I collaborate with brands on TikTok?
A: You can use TikTok's Creator Marketplace if you have over 100,000 followers, have uploaded three videos in the last 28 days, and received 100,000 likes in the last 28 days.

Q3: Do I need a business account for affiliate marketing on TikTok?
A: Yes, a business account is required to place clickable links in your video description or bio.

Q4: How can I sell products through TikTok?
A: You can either open a TikTok Shop if you meet their guidelines or promote your e-commerce site through video links or your bio.

Q5: What's the process to create a TikTok ad?
A: Become a TikTok Ads Manager, navigate to the dashboard, set a budget, define your audience, choose ad placement, and upload your ad content.

Q6: How can I collect tips or donations on TikTok?
A: Use TikTok's tipping feature where fans can send virtual gifts/coins, redeemable for real cash, or connect third-party platforms for tips.

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