The application called TikTok is one of the most widely used social media networks today, wherein millions of people watch the content and create viral videos every day. Tiktok provides several opportunities for creating monetization and communication with audience for those who want to become creators. TikTok Advertising Explained: A Simplified Guide is one of the informative posts to read and learn how to monetize on TikTok and create an account for a TikTok creator.

1. How to create a TikTok Creator Account

If you want the best tools, better analytics, and opportunities to make money, you’ll need a TikTok Creator Account. Follow these steps to create one:

Step 1: Download TikTok and Sign Up

• If you do not have the TikTok application, then it is now available through the App Store and Google Play Store. Choose sign up with your phone number, email address, or by connecting it with any of social networks accounts.

Step 2: Switch to a Creator Account

• Open the Profile tab.
• In the right corner above, you will find the three-line menu icon.
• Click on Settings and Privacy, Account option and click on Switch to Pro Account.
• Make sure to choose Creator as your account type when signing up.
• Well, now you get analytics, insight into your audience, and some monetizing tools.

Step 3: Account Creation and Your Information

• Make changes to your profile by uploading profile photo, writing a brief description of yourself and giving links to your other accounts. You could also add your keywords to your profile to boost their visibility.

2. How to Make Money on TikTok: Top Ways to Earn

Image by Mohamed Hassan from Pixabay

If you are wondering how you can make money while using TikTok, here are the four primary approaches we have seen; sponsored partnership, Affiliate marketing, gifts during streaming, and TikTok Creator Fund. Below are the most used approaches to make money from a TikTok account.

         1. TikTok Creator Fund

• Besides, another grants program, called TikTok Creator Fund, offers eligible creators an option to receive money according to the videos’ performances. The specific compensation that creators receive for their work is proportional to the number of views, response, and caliber of material produced by the platform TikTok.
• Eligibility: That means, you need to be at least 18 years old and the follower count is 10,000, view count within 30 days is 100,000 and you should follow all the guidelines which TikTok has set.
• How to Apply: Begin by navigating to Settings and Privacy, then Creator Tools, where you’ll find the TikTok Creator Fund info.

        2. This comprises the Brand Sponsorships and Collaborations.

• Currently, brands are searching for influencers of their products in the TikTok platform all the time. You can then work with these brands to create paid posts, whereby you’ll get paid to post pictures and videos of the products.
• Tips: Trending hashtags should be employed, active audience participation should be initiated, and a specialized slot should be developed to attract the likelihood brands of the content type.
• Negotiation: Your rate should depend on your number of followers, the level of activity, and specialization.

         3. Live Gifting and Coins

• Just like any other social media platform, viewers have the ability to send virtual gifts to their favorite performers, the gifts can be redeemed later for actual cash. To continue to stream live you need to have 1 000 followers and be at least 16 years (for gift monetization – 18 years).
• How It Works: This is how it occurs; while live streaming, partakers are allowed to use their money and purchase coins then buy gifts to the creators. These gifts are overrired into Diamonds and can be cashed out.

         4. Affiliate Marketing

• Currently, affiliate marketing on TikTok involves creating short, boot-stopping videos to inform users about affiliated products. In a word, you get paid when followers buy something using your link to the provider’s site.
• Tips: This intervention suggests that an emphasis should be placed on the production of REAL and unique content about the product.
• Promotion: Include links within the video and include URLs in your profile if possible.

       5. Selling personal products or services

• It’s good if you have a business because you can always advertise certain products or services using this App. A lot of users produce content related to their products, for example, to highlight product advantages or to give a demonstration.

3. Monetizing Your TikTok Account: How to Help Your Account Grow

      1. Focus on Niche Content

• Most successful creators works in some particular sphere, such as fashion, fitness, technology, or cooking. Speculative content reaches fewer users and targets the best customers to whom it is easier to sell due to advertising and affiliation.

      2. Always post often and make sure to use the relevant trending hashtags.

• It also helps in making people stay in touch with your posts and could also invite more views to a blog or post. Hashtags and keywords should be renewed more frequently to optimize the results.

      3. Engage with Your Followers

• Engagement exposes you to more of TikTok’s algorithm impact as more users see your content. Respond to comments, follow other authors and comedians, as well as check out popular posts to promote your content.

Get your share of ad-revenue today on TikTok

• From the Creator Fund, brand partnerships, to affiliate marketing, and live gifting, there is more than one way to make money on TikTok. From changing your account type to a TikTok creator account, giving your profile a tweak, or producing quality content, you can start this process of making money from TikTok.
• If dedicated and busy on the platform, TikTok offers a unique prospect to expand followership and monetize one’s passion.