Doing what you like is one thing; earning from it is another. That is what the TikTok creator fund does for you. That said, eligibility to be a beneficiary is not what it used to be in the past. So, what does it take to be eligible for the TikTok Creator fund? Hang on, you are about to gain comprehensive insights into earning from creating authentic videos.
Key Takeaway
Tiktok Creator Fund is a lifetime opportunity offered to authentic video creators to earn per views on their original posts. A content creator must create a minimum of 100k genuine video views to qualify for the creator fund. Other criteria for the TikTok creator fund include being above 18 years of age and a legal resident of one of the 50 states in the US.
Table of Contents
- What’s the TikTok Creator Fund?
- How Does the TikTok Creator Fund Work?
- TikTok Creator Funds Calculator
- How Do TikTok Pay Creators Per View?
Image Source: Substrack
What’s the TikTok Creator Fund?
TikTok Creator Fund is a reward program that sees content creators who create authentic videos rewarded for their effort. However, this fund is only available for TikTokers that reside in the United States.
If you meet the criteria, you can receive some percentage of the over $300 million set aside for the program. From its inception, TikTok shared $70 million among creators of authentic content.
If your content performs exceptionally, you stand a chance of receiving your share of the allocated TikTok creator fund. According to TikTok, the program will grow beyond the United States over the next three years, with the fund growing over $1 billion.
The motive behind the TikTok Creator Fund is to reward the creativity of determined content creators. As such, you can build a career around creating authentic content on the famous TikTok platform. Now, you can make your creativity count for compensation as an additional source of income.
It is glaring that TikTok doesn’t want your effort to go in vain. So nothing stops you from showcasing the skills you have got on the popular Social Media platform.
Do you know what it implies?
It means the chances are high that you would earn when you join TikTok today.
How Does the TikTok Creator Fund Work?
To earn through the TikTok creator fund, there are certain criteria that content creators must meet. The first criterion is being 18 years or older. In addition, you must have at least 10,000 followers, indicating your account credibility on TikTok.
Also, the content you created within 30 days must have not less than 10,000 views and engagement. Finally, your content must be original without violating TikTok guidelines.
There is, however, no official procedure to apply for the TikTok creator fund. But TikTok reported that prospective applicants would get the step-by-step process soon. Fortunately, we gained insight into how you can apply for the program through some successful TikTok content creators.
We will be sharing the process with you based on our findings;
First and foremost, be certain that you tick all the qualification criteria specified by TikTok. Next is getting a notification for an application for the fund on the TikTok app. The notification comes with a prompt asking you to fill the application form.
TikTok will request that you provide your email address if you are willing to join the funding program. After providing your details, your dashboard will appear. Lastly, your balance will become visible on your dashboard.
Image Source: Adweek
TikTok Creator Funds Calculator
You must be wondering how TikTok arrives at the amount you see on your Dashboard. Truly, no one understands their calculation algorithm at the time of making this post. However, you can estimate your monthly earnings with the TikTok Creator Fund Calculator.
There are two types of TikTok Calculators. One calculates the amount you can earn per month, the other estimates the number of views required to meet a target. For example, if you target $2,000 in a month, the calculator shows you the requirement.
The TikTok Creator Fund Calculators use 2 cents per 1000 views. If you need to estimate how much you can earn each month, check JEMSU.
How Do TikTok Pay Creators Per View?
As we said earlier, you can see your earnings on your TikTok creator fund dashboard. But, it may take up to three days to process the fund amount. This is to say that the fund will not appear immediately after creating your dashboard. Therefore, there is no need to panic when you see $0 after application.
Once your fund is ready, you can check your dashboard to confirm the receipt of the credited amount. According to some beneficiaries, Paypal is the intermediary between your bank account and the fund. This implies that you can only withdraw the amount allocated to you through PayPal.
Haven said this, let’s talk about how TikTok pays content creators per view:
You will be getting 2-4 cents for 1000 views on your creativity. This assertion is based on the report given by TikTok Influencers.
There is no official statement about what TikTok pays content creators on the platform yet.
Conclusion
If you trust your creativity, you can benefit from the TikTok creator fund. However, being creative might not be enough. You need to be consistent with the content you create and work on increasing your followers. Without integrating your creativity with followers, you may not earn enough from TikTok.
Enjoy This Article? You May Also Like:
- Customer Retention: 8 Best Ways Retain Customers in Your Online Store
- 5 Benefits Of Effective Digital Marketing
- The Role Of Advertising Agencies In Business Growth
- Digital Marketing vs. Content Marketing: What You Need to Know
- How to Increase Engagement on Instagram Stories
