TikTok offers creators different ways to generate income, such as partnerships with brands and virtual gifts. Gifts are the most popular way for a content creator to earn money. But often, first-time content creators find that they can’t accept gifts on TikTok. There are limitations and factors that can prevent content creators from accepting gifts.
In this article, we’ll look at the reasons why accepting gifts on TikTok may not be possible for some creators. I’ll also tell you exactly how content creators earn and how much.
What are gifts, and how does it work in TikTok?
Gifts are virtual items that users can send to content creators during live streams on TikTok. These gifts are a way for viewers to support and show appreciation for their favorite creators. Each gift has a certain value in diamonds, which is a virtual currency on the TikTok platform.
First, the viewer needs to buy coins with real money. After that, a virtual gift can be given during the live.
Once a viewer sends a gift, the creator hosting the live receives it in the form of diamonds. The value of the diamonds received depends on the specific gift sent by the viewer.
The diamonds received by the creator can be accumulated and later converted into real currency. TikTok gives creators the opportunity to exchange diamonds for money through its monetization programs.
Overall, gifts in TikTok allow viewers to support their favorite creators with virtual items, and creators can receive diamonds as recognition and potentially convert them into real income.
What are the conditions for accepting gifts in TikTok?
To ensure you’re eligible to receive Diamonds, consider the following requirements:
To receive gifts and exchange them for diamonds after a Live, you must be over 18 or meet the minimum age requirement set in your area.
You must live in a place where LIVE Gifts are available.
- Ability to conduct live
To use the live gifting feature, you must be eligible to host live on TikTok. This is usually tied to achieving certain conditions, such as the number of followers or engagement metrics. You need to have at least 1,000 followers to be eligible for live streaming.
- Account status
Following these TikTok requirements, you’ll have no problem receiving gifts during the live. These gifts can be virtual items that can then be exchanged for diamonds within the TikTok platform. You will be able to use these diamonds or currency to convert them into real money.
How much do content creators at TikTok earn?
Content creators’ earnings on TikTok can vary greatly and depend on various factors. TikTok gives creators several opportunities to monetize their content and earn income.
During live, viewers have the ability to send virtual gifts to creators using the app’s currency. Creators can convert these virtual gifts into real earnings based on TikTok’s monetization programs and recommendations.
When you send a gift to TikTok, its value in diamonds will be about half as much as its value in coins. However, it’s worth considering that TikTok charges a 50% commission on the value of the gift. Despite this, the cost of diamonds on TikTok is low, with each one costing about 5 cents. The bottom line is that if you spend $120, the content creator will get about $70.
Content creators can also earn from the Creator Fund program. This is a program that allows eligible creators to earn money based on their video views and engagement. The specific income from the Creator Fund depends on factors such as video performance, number of views, and the creator’s geographic location. TikTok pays around $0.02 and $0.04 for every 1,000 views.
TikTok also offers advertising opportunities for brands, and creators can partner with those brands to create sponsored content. Earnings from partnerships with brands can vary depending on factors such as the creator’s audience size, engagement level, niche and terms of the partnership agreement.