Social Media
2 min
30 June 2023

Auteur

Lisanne Groot

Lisanne Groot

marketing consultant

TikTok's Creative Challenge: a new way for creators to earn money

TikTok's Creative Challenge: a new way for creators to earn money

"Do you see the opportunity to use your creative side to earn money?"

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has introduced the 'Creative Challenge,' an innovative initiative that brings creators and brands together. Imagine the opportunity to pitch your creative clips to brands and the chance for lucrative advertising partnerships.

This in-app feature offers creators the chance to submit video ads for brand challenges, with rewards based on video performance. It gives creators complete creative freedom, allowing them to engage in authentic collaborations with brands. This new initiative also provides creators access to an extensive Creator Community and a mentorship program for knowledge exchange with other creators.

However, there are some requirements for participation. Creators must be at least 18 years old and have a U.S.-based account with a minimum of 50,000 followers. Additionally, all submitted videos must comply with TikTok's Community Guidelines. Brands can select up to 30 ad creatives from each challenge, with revenue shared among the chosen creators.

This could be a fantastic opportunity for TikTok stars and an appealing way to earn extra money. Although the revenue share may be limited, participating in multiple challenges could lead to a sustainable income stream, enabling you to become a full-time content creator. As popular TikTok creator Dayneo illustrates, if he can earn money on TikTok, you might be able to as well.

TikTok's Creative Challenge appears to be a positive step in bringing brands and relevant creators together for collaborations. In the current digital age, where competing platforms like Meta and YouTube are also easing their deals for creative talent, TikTok's new initiative could play a crucial role in retaining its top stars. Through the Creative Challenge, brands and creators can forge valuable connections, contributing to the success of both brands and content creators on the platform.

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Lisanne Groot  - Author

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marketing consultant