TikTok Monetization Program 2024: A Complete Guide for Creators

TikTok has become a global phenomenon, with over 1 billion active users. As the platform continues to grow, creators have more opportunities than ever to monetize their content. In 2024, TikTok launched its monetization program globally, providing creators with a variety of ways to earn money from their videos.

This article will provide all the key information about TikTok’s monetization program including requirements, payout processes and more.

TikTok Monetization Program :

TikTok’s monetization program allows creators to earn money from their videos through a variety of means, including:

Creator Fund:

The Creator Fund pays creators based on the number of views and engagement their videos receive. To be eligible for the Creator Fund, creators must have at least 10,000 followers and 100,000 video views in the last 30 days.

Gifts:

Viewers can send gifts to their favorite creators during live streams. Creators can redeem these gifts for virtual coins, which can then be converted into real-world money.

Brand Deals:

Creators can partner with brands to promote their products or services in their videos. Brand deals can be very lucrative, especially for creators with large followings.

Live Commerce:

Creators can sell products or services directly to their viewers during live streams. This is a relatively new feature on TikTok, but it has the potential to be a major source of revenue for creators.

TikTok Monetization Program 2024 Requirements:

The tiktok creators who want to join Monetization Program 2023 must have to the follow the following elegibility criteria.

Location

To be eligible to join TikTok’s monetization program, creators need to have a TikTok account registered in the US, UK, Germany, Japan or South Korea.

Age

Creators must be at least 18 years old. They will have to submit a valid government issued ID for verification of their identity and date of birth.

Followers

Creators should have a minimum of 10,000 followers on their TikTok profile.

Video Views 

In the 30 days prior to application, the creator’s videos should have received a total minimum of 100,000 views and for creating attractive videos with AI Voice you can use our TikTok AI Voice Generator for free.

Enrollment Process

Creating an Account

When creating an account to enroll, make sure the account location matches one of the eligible countries. A VPN can be used to register from another region initially. 

Providing Details

Provide correct legal name and date of birth. This information will be verified later in the application process.

Submitting Documents

ID documents like a passport or driver’s license will need to be submitted for identity and age verification.

Staying Active

It is recommended to remain active and continue uploading engaging content regularly from the registered location.

Payout Process for Tik Tok Monetization  Program

• TikTok currently offers payouts via PayPal only.
•  Creators can expect to receive payments every 15 days for their earnings in the previous period. 
• It is important creators have a verified PayPal account linked.
• TikTok deducts applicable taxes before making payouts.

Growing your Audience

• Use trending sounds, hashtags and captions to reach a wider audience.
• Engage with viewers through comments and share creator highlights for discoverability.
•  Consider using features like duets, stitches and LIVEs for audience interaction.

Latest updates on TikTok’s Monetization Program

In recent months, TikTok has made a number of changes to its monetization program, including:

Expanding the Creativity Program Beta:

The Creativity Program Beta is a new program that rewards creators for creating longer, higher-quality videos. Creators who are accepted into the program can earn up to 20 times more than they would through the Creator Fund.

Launching Effect Creator Rewards:

TikTok is now offering rewards to creators who create popular effects. Creators can earn up to $700 for every 500,000 unique videos that use their effect.

Expanding Series:

Series is a feature that allows creators to charge viewers a fee to access exclusive content. TikTok has recently expanded the Series feature to more creators and added new features, such as the ability to offer discounts and subscriptions.

Conclusion:

TikTok’s monetization program offers creators a variety of ways to earn money from their content. By following the tips above, you can increase your chances of success in the program.

Frequently Asked Questions