CREATED: 09.03.2024UPDATED: 20.03.2024

How to Monetize My TikTok Account

How to Monetize My TikTok Account

Find out the six best TikTok monetization tactics.

You let your creative spirit shine in its full glory pretty much every day on TikTok. It’s fun and lets you blow off steam, but did you also know that your content can be highly lucrative? With over one billion active users, TikTok is one of the most widely used social media platforms, allowing you to promote yourself to a massive audience.

The only question is, how do you do so? To answer the how to monetize my TikTok account question, you have to take a broad approach. Like every successful content creator, you want to select the most efficient monetization tactics. It’ll help you take off rapidly and strike a chord with your target group.

This article will be the ace up your sleeve. Read on for the six best ways to monetize your TikTok account.

How Much Money Is Up for Grabs?

Before we get down to brass tacks, you’re probably wondering: how to monetize my TikTok account in the first place. For the most part, TikTok is a merit-based network. The more value you provide to other users and the more views you collect, the higher your earnings. On average, people make anywhere between $20 and $40 per one million clicks on this platform.

But what if you aim to become one of the top 0.1% who are kicking it out of the park and rolling in it? Charli D’Amelio, Addison Rae, and Bella Poarch have all struck gold with their accounts.

You can join this exclusive lineup if you adopt the right monetization strategy. 

Best TikTok Account Monetization Methods

Without further ado, here are the best ways to approach the how to monetize my TikTok account conundrum:

Best TikTok Account Monetization Methods

1. Pair It Up With BlurBay

If you’ve asked yourself, how can I monetize my Tiktok account, you’re not alone.

Oftentimes, your TikTok gives your viewers a sneak peek of your products or services. These snippets pique their interests and make them want to learn more about you.

But what do you do once you grab their attention? The most common solution is to set up a fully-fledged website. It can do a decent job of showcasing you in the best light possible and allows customers to purchase your products or services directly from the page.

Here’s the problem – running a website is expensive and time-consuming. If you outsource the job to a third-party provider, they’ll charge you top dollar for all the necessary features. Likewise, if you’re in the driver’s seat and manage the page on your own, you may no longer have enough time to post your content.

BlurBay comes to the rescue by eliminating the need to set up a website. We’ve already helped many talented TikTok creators boost their revenue by monetizing their accounts.

Here’s how it works: you create your content, feed it to us, and we develop a whole section dedicated to your TikTok videos in the masterclass format. As a result, there’s no need to build websites since our infrastructure replicates the experience. We also handle pay-to-view capabilities, allowing you to do what you do best and sit back while money rolls in.

2. Join the Creator Next and Creator Fund Programs

The answer to the million-dollar question – how do I monetize my TikTok account – isn’t as daunting as it may seem.

TikTok doesn’t leave you high and dry when it comes to generating income. They established the Creator Fund and Creator Next program that reward you for posting attractive videos regularly. The more views and likes you have, the greater the potential to make money.

Creator Fund is actually a part of Creator Next, which is why you’ll need to join Creator Next first. The application process goes as follows:

  1. Open TikTok and tap your Profile symbol in the lower-right section of the screen.
  2. Go to the menu represented by three lines in the upper-right corner.
  3. Head to “Creator Tools” and press “Join” in the “Creator Next” window.
  4. Follow the prompts to apply for the program.

In most cases, TikTok takes less than 24 hours to review your account and determine if it’s eligible for monetization. To get approval, you generally need to meet the following requirements:

  • You’re an adult.
  • You’ve posted no fewer than three videos in the last month with at least 1,000 views.
  • You have the appropriate number of followers for your area.
  • You’re not trying to promote a business account.
  • You’re based in the U.S., UK, Germany, Italy, France, or Spain.

If you receive a positive response, move on to your Creator Fund application:

  1. Open TikTok on your phone because the website version doesn’t have the Creator Fund menu.
  2. Log in and navigate to your account.
  3. Press “Creator Tools” and go to “Creator Next.”
  4. Follow the instructions in the “Creator Fund” menu to apply and wait for the app to grant you access to the program.

The requirements are more stringent than those that govern Creator Next applications:

  • You’re an adult.
  • You’ve collected no fewer than 100,000 views in the last month.
  • You have at least 10,000 followers.
  • You’re based in the U.S., UK, Germany, Italy, France, or Spain.

From there, it’s all about engaging your audience with stunning content. If you can keep it up, TikTok may send you a hefty sum to your PayPal account.

3. Fire Up Your Live Stream and Collect Gifts

How to Monetize My TikTok Account

Twitch is one of the most popular live streaming platforms, where people either do it for profit or for charity. TikTok isn’t too shabby in this respect, either. You can livestream whenever you want on your profile and make a lot of money through gifts.

 The process is fairly straightforward:

  1. Go to your TikTok account on your phone and press “Create.”
  2. Head to the “Live” menu and choose an image.
  3. Type in the title of your stream.
  4. Strike “Go Live,” and you’re good to go.

All that remains now is to wait for your audience to tune in. If people like your content and want to support you, they can send Live Gifts, which TikTok can later convert to Diamonds. Diamonds are redeemable for money, which is why streams are a popular way of monetizing your account.

4. Take Up Affiliate Marketing

Affiliate marketing works fantastic on Instagram, Facebook, and many other social media. Why shouldn’t you use it on TikTok? There’s plenty of opportunity to monetize your account since about 80% of all brands turn to affiliate marketing to promote their offerings.

How to Monetize My TikTok Account

The principle is simple yet highly effective. You get in touch with a company that sells certain products or services. To advertise their offerings, you typically include a link or code to a page on their website. Additionally, you may also need to highlight the enterprise during live streams and other types of content. Every sale made via your code or link earns you a commission.

It’s straightforward, but take care when choosing the brands you’ll cooperate with. Here are a few tips on how to make your affiliate campaign more successful:

  • Make sure it’s a well-established company with a steady customer base.
  • Only work with providers whose products or services you’ve tried to increase authenticity.
  • Check for other brands’ commissions, so your partner doesn’t take advantage of you.
  • Determine if their target audience aligns with your niche.
  • Don’t forget to check for traffic leaks, i.e., links that lead to other pages that don’t earn you a commission.
  • Ask the company to give you a convenient tracking system.
  • Read their terms & conditions beforehand to avoid security concerns.

The only problem with affiliate marketing is that it may keep you from pursuing some other monetization tactics. More specifically, by setting up a business account, you won’t be able to use the same account to enter the Creator Next program.

5. Run In-Feed Ads

A large part of monetizing your TikTok account is about getting the word out. You want to expose your content to as many people as possible, which is why running ads may make sense.

But not just any advertisements; consider those available directly from TikTok. Also known as in-feed ads, these appear in your audience’s feed under the “For You” section. This is where they’re grouped together with other content, and people inevitably browse through them when watching random videos.

When setting up in-feed ads, don’t leave anything to chance. The last thing you should do is roll out your advertisements and hope for the best. Instead, monitor the performance of your content and make sure it’s grabbing your users’ attention. You’ll be able to address any weaknesses in your strategy and polish the materials.

TikTok has a number of tools to help you visualize the performance of in-feed ads:

  • Reporting – Develop custom reports of your own with cutting-edge analytics.
  • Campaign – Keep track of your ad campaigns or individual ads and ad groups.
  • Dashboard – Check out how well your active ads, ad groups, and campaigns are doing.

Before your ad is underway, don’t forget to visit the “Audience Size” menu. As the name suggests, it tells you how many people will be able to see the content. Keep in mind that this doesn’t guarantee the ad will reach this number. The actual number can be higher or lower, depending on your competition, budget, quality, and many other factors.

6. Rely on Series

TikTok has no shortage of monetization features, and Series is one of the most powerful members of this team. If you create a Series (or Playlist), you essentially share Collections with your target audience. The users can buy your Collections, giving them a front-row ticket to your exclusive content that’s available with a purchase.

Since the release of this feature, TikTok has tweaked some aspects of it. But in general, the number of videos you can have in a Series is limited to 80, and the maximum duration is 20 minutes.

There are multiple ways to set up a playlist, but most creators do it directly from their profile:

  1. Open the app and go to your profile in the lower-right corner.
  2. Choose “Videos” and pick the prompt that lets you sort your videos into playlists.
  3. Follow the on-screen instructions to include videos and name the Series.

Like with most other features, TikTok has a few requirements for Series:

  • You’re an adult.
  • Your account is at least a month old.
  • You’ve collected no fewer than 10,000 followers.
  • You’ve uploaded no fewer than three public videos over the past month.
  • Your videos have received at least 1,000 views in the last month.

Don’t Let Your Talent Go to Waste – Cash It In With the Right Partner

How to Monetize My TikTok Account

Posting TikTok videos is fun, but why not make money along the way? With so many monetization tactics available, generating income is easier than ever. BlurBay offers affordable rates and can take your profit tactics to new heights. Start your financial ascent today and answer the how to monetize my TikTok account question in fine style.

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