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Unlocking Financial Success: Strategies to Maximize Your Earnings on TikTok

TikTok Creative Challenge is here: do challenges for different brands and earn money with your videos.

Unlocking Financial Success: Strategies to Maximize Your Earnings on TikTok
Pedro Domínguez

Pedro Domínguez

  • June 28, 2023
  • Updated: March 7, 2024 at 3:13 PM
Unlocking Financial Success: Strategies to Maximize Your Earnings on TikTok

Do you want to make money with TikTok? Pay attention because the company makes it easy for you. TikTok announced this week the launch of “TikTok Creative Challenge,” a new monetization feature that allows content creators to upload videos in response to challenges created by brands and earn income based on their performance.

TikTok DOWNLOAD

Those who want to participate in this new feature, which is still in the testing phase, must be at least 18 years old, have 50,000 followers on TikTok, and reside in the United States. Content creators who sign up will be able to see a list of challenges from a range of brands, their rewards, requirements, and more details.

“The videos should be high-quality, well-edited, and have original content,” TikTok explains in a blog post. “Once submitted and approved, creators can track the status of their videos, monitor their performance, and check their monthly earnings. The rewards are influenced by various factors such as qualified video views, clicks, and comments. Creators will receive notifications about their videos if they need to be reviewed, with the option to review or appeal them.”

@tiktoknewsroom

⭐️TikTok Creative Challenge⭐️ A new way for creators to collaborate with brands with full creative freedom! We’re excited to continue recognizing and rewarding creators for their creativity through this new in-app feature.

♬ original sound – TikTok Newsroom

The videos submitted by content creators to participate in TikTok Creative Challenge will not appear on their profiles as usual. After receiving approval from TikTok, the challenge videos will be displayed as ads in the “For You” feed of the app. It is currently unknown whether this feature will be exclusive to the United States or if it will eventually expand to more regions.

TikTok DOWNLOAD

Brands are continuing to work on offering more monetization opportunities for creators. In addition to TikTok, this week saw the announcement of Hype Chat, a feature on Twitch that allows streamers to earn money through messages their followers want to pin in stream chats, and the launch of a Discord feature that will enable creators to sell their digital products on the platform.

Some of the links added in the article are part of affiliate campaigns and may represent benefits for Softonic.

Pedro Domínguez

Pedro Domínguez

Publicist and audiovisual producer in love with social networks. I spend more time thinking about which videogames I will play than playing them.

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