TikTok, a famous social media app, has become a lucrative earning platform for many young people. With its monthly user base expected to exceed one billion by 2021, the app has catapulted many people to fame.
Contrary to popular assumption, earning money on TikTok does not require millions of followers. Even accounts with a modest following might earn money. So, how can you make money on TikTok, and what are the conditions for followers?
TikTok Creator Fund
The TikTok Creator Fund, which allows users to earn money depending on their content, is one option. Users must be at least 18 years old and have at least 10,000 followers to be eligible. In addition, they must have at least 100,000 video views in the last 30 days.
Ad Revenue Sharing Program
Another alternative is the TikTok Plus Ad Revenue Sharing Programme. Users must be 18 years old and have at least 100,000 followers in order to participate. In addition, they must have posted at least five videos in the last 30 days.
TikTok Live provides an additional money stream via subscription. To participate in this programme, users must be 18 years old and have at least 1,000 followers.
Virtual gift acquisition
Another option to make money on TikTok is to buy virtual gifts during live streaming. To be eligible, participants must be at least 18 years old and have at least 1,000 followers.
Obtaining presents on other videos is a programme that requires at least 10,000 followers and a minimum age of 18.
Participants in the Tips on Videos programme must be at least 18 years old and have a minimum of 100,000 followers.
There is also a programme for videos that are longer than one minute. To be eligible, users must have a minimum of 10,000 followers and 100,000 video views in the last 30 days. Participation in this programme, however, does not qualify you for the Creator Fund.
Effects Creator Program
Finally, the Effects Creator Programme is currently available in the US, France, the UK, Italy, and Germany. Individuals must be at least 18 years old to participate.
These numerous programmes enable TikTok users to monetise their videos and make money. It’s crucial to remember that eligibility restrictions for each programme may vary, but TikTok has enabled individuals to convert their creativity into a source of revenue.