If you’re a passionate content creator and want to make money from TikTok, you must join TikTok Creator Fund.
In 2020, the short-form video hosting platform TikTok came up with a Creator Fund to financially support the creator community.
As a member of the fund program, you become eligible for extra earnings from your content, depending on its performance on the platform. The better your content performs in all metrics (views, engagement, etc.), the more you can earn.
If the idea of being a part of the TikTok Creator Fund excites you, you might be wondering how to join it!
This article explains the steps on how to join TikTok Creator Fund, its eligibility, pros, cons, and more.
We’ve also shared some other ways like buy TikTok cheap views to boost engagement, and get better earnings
TikTok Creator Fund – An Overview
The TikTok Creator Fund was officially launched in 2020 with an initial investment of $200 million (TikTok aims to ramp this to $1 billion in the coming years.) As the platform says, the main idea behind this fund is to reward creators for their incredible TikTok videos and creativity.
Soon after the fund’s announcement, TikTok’s official CreatorPortal account released a series of videos to communicate better what the fund is and how it works.
Don’t confuse this TikTok Creator Fund with TikTok Creator Marketplace, where creators are solely paid for promotional posts. The former only pays for 100% authentic and organic content – one of the eligibility requirements.
TikTok Creator Fund Eligibility Requirements
Before getting into how to join TikTok Creator Fund, let’s check its eligibility requirements.
- You must be at least 18+.
- Your account must be US based.
- You must have at least 10k followers on your account.
- Your videos should have received at least 100k views in the last 30 days.
- Your content must be unique, engaging, and non-repurposed from other platforms.
- Your account must adhere to the platform’s community guidelines.
How Do You Get Into the Creator Fund on TikTok?
Provided you’re eligible for the TikTok Creator Fund, follow these steps to submit your application for the same.
- Creator Fund joining applications can only be submitted via the TikTok app.
- Login to your TikTok Pro account. If you don’t have one, please sign up for it!
- Once logged in, go to your account Settings.
- Select Creator Tools Under Creator Next.
- You’ll see the Creator Fund option.
- Here, it’s good to read through the TikTok Creator Fund Agreement before you agree to anything.
- After all the formalities, submit your TikTok Creator Fund application and wait.
TikTok will let you know if your application is approved or stands rejected. Don’t worry if the former’s the case, as you can re-apply in 30 days.
How Do TikTok Creator Fund Payouts Work?
Before getting deep into how the TikTok Creator Fund payout works, it’s important to understand that the fund isn’t a revenue-sharing program. Instead, the creators’ payout is based on a variety of factors. These include:
- Number of views your videos get
- Originality of these views
- Engagement rate
As a result, the fund has been at the receiving end of criticism, particularly due to lower than expected payments. Nevertheless, TikTok hopes this thing will get sorted out soon as the fund is still in its early stages.
Tip: You can generate more engagement on your TikTok content by creating more user-centric content. For this, try to schedule TikTok posts in advance. This way, you can better strategize your content for upcoming days.
However, there’s something for creators to cheer about, i.e., the Creator Fund doesn’t limit your earnings. You can make hundreds to thousands! Or even more! These funds are calculated within 30 days of the prior monthly reporting period. You’ll be compensated for views and engagement accordingly.
Note: There is a minimum payment threshold of $10 (formerly $50), which is transferred from your account to your digital wallet. You can then withdraw the money from the wallet.
How Much Does TikTok Creator Fund Pay?
Unfortunately, there’s no direct answer to how much the TikTok Creator Fund pays. This is because of its “dynamic” payment structure and varying terms, as discussed above.
Note: While the TikTok Creator Fund offers a monetization opportunity, actual earnings vary and depend on dynamic factors, as discussed above.
Pros & Cons of the TikTok Creator Fund
Are you stuck deciding whether to join TikTok’s Creator Fund or not? These pros and cons should help.
Additional Monetization Opportunity
Besides the other means of earning through TikTok, the Creator Fund lets you make some extra bucks from your content, providing an additional source of income.
Improve Production Quality
Like any other social media platform, content quality plays an important role on TikTok as well. So, you can invest some of your Creator Fund earnings in better equipment (lights, cameras, cosmetics, etc.) to boost the overall production quality.
Exposure and Recognition
Since TikTok Creator Fund has millions of popular and emerging creators, being part of it increases your exposure, leading to more followers, collaborations, and opportunities for brand partnerships.
Motivation for High-Quality Content
Since the fund incentivizes you to produce high-quality, you stay motivated to dedicate more time to content creation, which has several other benefits too.
Strict Eligibility Requirements
The fund’s strict eligibility requirements close doors for most non-seasoned creators, limiting access to its benefits.
Low Payouts in Most Cases
Since the earnings aren’t fixed and vary with the views, engagement, and changes in TikTok’s payment structure, there are often instances of low payouts in most cases – the main criticism surrounding the Creator Fund.
With so many content creators joining the platform, immense competition for views and earnings makes it more challenging for you to stand out.
Your content needs to perform well to boost your earning potential. Due to this, you may sometimes feel pressured to create content around trending topics, potentially compromising your creativity.
As a result, you may find yourself short of ideas someday.
5 Other Ways to Make Money From TikTok
If you cannot meet Creator Fund eligibility requirements, below are other cool ways to make money from TikTok.
Collaborate with famous brands or businesses to promote their products or services through your TikTok account. You can earn a commission for each sale from your referral.
A Pro Tip: Brands usually prefer TikTok accounts with good following, so you can buy TikTok views cheap to build a fanbase.
Even TikTok’s Live Streaming feature can help you make decent money if done correctly. This allows your viewers to send you virtual gifts, which can later be converted into real cash. Some hit ideas for live streaming include live Q&A sessions, online activities, etc.
If you’ve got a considerable follower base on TikTok, you can utilize it to sell your merchandise, clothing, accessories, or even digital products.
Crowdfunding is another way to generate an excellent passive income from TikTok. You can raise funds directly from your loyal audience for specific projects or ventures.
Influencer Events and Appearances
Lastly, influencer events, conferences, or even organized meet-ups act as a decent way to interact with your fans and earn a few bucks through ticket sales, or merchandise sales at these gatherings.
Tip: Choose a monetization method(s) that aligns with your personality and audience. By diversifying your revenue streams, you can maximize your earning potential from TikTok while offering unique experiences and value to your followers.
Frequently Asked Questions (FAQs)
Q: How Do You Get Into the Creator Fund on TikTok?
A: You must meet the eligibility criteria to get into the Creator Fund on TikTok. It includes having at least 10k followers and 100k video views in the last 30 days. Also, you must be at least 18+ and adhere to TikTok’s community guidelines.
Q: How Much Does TikTok Pay per 1,000 Views?
A: If we talk specifically about the TikTok Creator Fund, you can expect between 2 and 4 cents for every 1,000 views, i.e., $20 to $40 for a million views.
Q: How Much TikTok Pays per View?
A: TikTok pays approx. 0.002 to 0.004 cents per view, going by 2 and 4 cents for every 1,000 views.
Here you go. That’s everything you must know about how to join TikTok Creator Fund, its payout structure, reasons to join it, and more.
Simply put, TikTok launched the Creator Fund to financially support its creator community by rewarding them for their creative content. This, in turn, helps them stay motivated to keep producing high-quality content and become the talk of the town.
However, it’s not easy to get into this fund, thanks to its strict eligibility norms. For such scenarios, it’s recommended to try out other means to make money from TikTok, as discussed above.