TikTok, with more than 800 million active users worldwide, is considered the fastest growing social network. One of its characteristics is that it achieves a direct connection with the younger audience, which turns massively to its funny short videos.
For those who want to exploit their creativity, what is needed forbecome a TikTok influencer and earn money from your armies of followers.
In August of last year, TikTok launched the Creator Fund, an initiative of $ 200 million with the purpose of “supporting ambitious creators seeking opportunities to foster a livelihood through their innovative content,” according to the company.
“The Creators Fund is in its early stages and we continually explore new ways to enhance our community of creators’ experience and how their work is rewarded,” the firm notes.
Between two and four cents on the dollar are received for every thousand visits. Photo Shutterstock
Some of the influencers with the most followers have confessed to having received between two and four cents for every thousand visits that connect to the short videos.
In this way, a user with a significant flow of visits could earn very large amounts of money. A person with 1.5 million views in one video you could receive between $ 45,000 and $ 60,000.
Although this monetization system had already been applied in other social networks, in this one it is necessary to comply a series of requirements to access benefits and thus generate their own income.
Requirements to collect money on TikTok
To participate in the Creator Fund it is necessary to have at least 10,000 followers and 100,000 visits in the last 30 days, in addition to being a resident in one of the countries where the fund is currently available.
The requirements to become a TikTok king. Photo Funstock / Shutterstock
If all these conditions are met, it is possible submit an application within the app via “Settings & Privacy” in the upper right corner of the app, then click on “Creator Tools” and “TikTok Creator Background”.
Once there, you just have to complete the contact form and accept the terms of the TikTok Creator Fund Agreement. Once accepted in the program, you will have to access the control panel and withdraw funds via PayPal or Zelle.
The funds appear in the dashboard three days after your video views are counted and the money can be withdrawn 30 days after the end of the month in which the video was posted.
In the case of having fewer followers, there are other ways to achieve income and get some financial reward. For those that offer quality materials, you can get a sponsorship.
The task is to promote the products or services of a physical store through a video. Another alternative is become a consultant and teach -through courses or tutorials- to others how to film, light techniques and other secrets to accumulate likes.
TikTok allows you to configure the account so that other people can also download the videos as well as interact with them, or even create animated GIFs with them. All this, allows to increase the exposure and get some virals.
With information from the Vanguard.