3 min read

How To Make Money on TikTok

How To Make Money on TikTok

by Grace Chee

Nowadays, anyone can be a TikToker. TikTok has taken the world by storm, allowing everyone to produce content that they love. Creators are free to share with the world any passion they enjoy, ranging from music, dance, art, or even fashion!

However, making TikTok videos takes dedication and time. As much as we love pursuing our passions, many of us have lives outside of TikTok, and unfortunately are unable to dedicate all our time to making content on the app for free. But don’t fear! In this article, I’m going to list a few ways you can make money as a Tiktoker and grow your platform, while earning the compensation you rightly deserve:

1.TikTok’s Creator Fund:

In July of 2020, TikTok released a $200 million Creator Fund, enabling creators to monetize their videos. The fund is designed to spark creativity with users, and help them earn an income while pursuing their passions. By joining the fund, you will earn money based on the number of views for your video, and there is no limit as to how many videos you can make within the fund. Currently, the fund has benefitted over 1,000 creators who were affected by the pandemic.

However, if you are a small creator, it can be difficult to make money. To be eligible for the Creator Fund, you need more than 10,000 followers, and also at least 10,000 video views within the last 30 days. Also, creators usually only receive 2-4 cents for every 1000 views, so unless you are uploading viral videos everyday, it can be difficult for this money to accumulate.

2.  Tiktok’s Creator Marketplace / Sponsorships

Tiktok has also recently launched a creator marketplace, where brands and creators can collaborate with each other for sponsorships. All you need to do is join the creator marketplace, and Tiktok will help you find brands to partner with based on your followers, views, likes, and interests. Once you are paired with a brand, you can start making sponsored videos to earn money! However, similar to the Creator Fund, there is an eligibility requirement: you need at least 100,000 followers, and 100,000 likes within the last 30 days.

3. Live Streams

On Tiktok, you can also do a livestream with your followers. To stream, you need over 1000 followers. You can chat about anything you want, and during the video, you can ask for donations. As you stream, users can use coins that they purchased to send you virtual “gifts.” These gifts will be converted into diamonds, and you can trade these diamonds for money! Please note that Tiktok takes a 50% from your earnings.

4. Teespring

Tiktok has recently collaborated with Teespring, and allows users to sell physical merchandise directly through their accounts. Users are not limited to apparel, as they can sell anything ranging from phone cases, skateboards, or anything else they design! Creators can also promote the merch on their account easily to increase their sales.

5. Jemi

Last but not least, Jemi! If you are a new creator, Jemi would be a perfect fit for you. Jemi is a platform dedicated to helping creators pursue their creative careers by providing them with all the tools they need to grow and monetize their creativity. Jemi allows anyone (regardless of follower count) to become a creator and start selling by providing them with a “link in bio” product that allows anyone to create a fully customized website and online store.

To start selling, all you have to do is sign up and create a customized website using Jemi’s platform (there are assistants if you need help!). Signing up is completely free. On Jemi, you are not limited to selling only physical merch; you can sell anything that fits your creativity, such as virtual dates with fans, direct messaging, memberships, zoom performances, or anything else you’d like - all in one platform!

Concluding Thoughts

Whatever method you end up using, we hope this article helps you earn money as a Tiktoker so you can continue exploring your creative passions. If you’re interested in more tips, feel free to check out our blog where we post more informational articles on how to earn money as a creator!

Please reach out to assistant@jemi.app if you have any questions specific to the Jemi platform.

Get started with Jemi for free.