Photo and video sharing platforms such as Instagram and Tiktok seem to be in serious Revamp mode. Instagram recently announced major changes to their original feed and also in the news after starting to test the paid subscription model with selected creators. The details of the feature called “Instagram subscription” have been distributed by the creator of the social networking platform this week *.
After Instagram cues, Tiktok’s rival said it also jumped to the paid subscription model (via information). The news of the Paid Subscription Plan of Tiktok came owned by a Tiktok spokesman who could not be identified. Unlike the case with Instagram, where the company does * formal announcements that detail the specifications of the subscription model, Tiktok, at this time, still strictly lying about how it intends to apply a paid subscription model.
This means we have little information about the subscription level or the possible time for these features to be included.
Veteran Tiktok might realize that the platform has offered several monetization options to its creator. This includes the ability to send money directly to the creator and buy a virtual gift from Tiktok. Creator can then ‘redeem’ this gift from Tiktok for cash. These features are under the ‘Video gift’ option and ‘direct gifts’ are activated for the eligible maker.
The existing monetization option is part of the next Tiktok creator program that allows quality creator access tools to trigger their growth. Some tools included in the subsequent creator program include “creator funds” and “Marketplace Creator,” both of them allow them to collaborate with the brand. Then there is a ‘Tips’ Tiktok platform that allows fans of monetary tips directly to the creator without tiktok taking pieces. This feature is activated with the help of Stripe Production Company, which charges a small processing fee for this service.
As you might guess now, the Tiktok monetization option sounds a little convoluted. The Tiktok subscription model that is rumored to be a one-stop repair for everything wrong with the existing company monetization tool. What is strange, however, is the fact that some monetization options mentioned above – including the next New Creator brand are recent additions for Tiktok monetization options, after being introduced almost a month on December 2021.
