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TikTok Launches New ‘Creativity Program’ to Provide More Revenue Opportunities to Creators

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TikTok Launches New ‘Creativity Program’ to Provide More Revenue Opportunities to Creators

TikTok continues to explore more ways to share revenue with creators, this time via a new ‘Creativity Program’, which it’s launching in beta with selected creators to begin with.

Varying from the current Creator Fund, TikTok’s Creativity Program aims to reward creators for posting longer videos, with only content longer than a minute in length eligible for funding.

As per TikTok:

“To be eligible for the Creativity Program Beta, users will need to be at least 18 years old, meet the minimum follower and video view requirements, and have an account in good standing. To start earning, creators must create and publish high-quality, original content longer than one minute. Creators will have access to an updated dashboard to view video eligibility, estimated revenue, and video performance metrics and analytics.”

That’s a shift from TikTok’s traditional, short-form approach, and it could be that by expanding the length of videos, that gives TikTok more leeway to better monetize through enhanced engagement.

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But outside of these details, the full process is fairly vague, at least at this stage. TikTok says that the new system will not re-route money from ads, and that payouts will be based on ‘qualified views and RPM’.

“Creators already enrolled in the TikTok Creator Fund can switch to the Creativity Program, and those that are not enrolled can apply to the new program once available. Creators currently enrolled in the TikTok Creator Fund can choose to switch to the Creativity Program Beta.”

TikTok’s Creator Fund, which sees creators drawing from a set pool of funds, has been criticized for its fluctuating payouts, and even declining funding, despite creator view counts increasing. Essentially, the static funding model doesn’t really work as a reliable, recurring source of revenue, which has seen some creators looking to other platforms instead.

YouTube is the key winner on this front. YouTube’s Partner Program has a well-established revenue share process in place, while it’s also now testing its new Shorts funding program, which will see all Shorts ad revenue shared with eligible creators, based on view counts.

It’s too early to tell how effective that program will be, but a more direct line of revenue share, from ads to creators, means that as ad income increases, creators make more money, as opposed to having a set pool of money that doesn’t shift.

That seems like a better, more sustainable way to go, but as noted, it seems that TikTok’s new Creativity Program isn’t moving in-line with that process. TikTok hasn’t gone into specifics, but it’s hoping that this will be a better solution than the current process.

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And it needs to improve here. If TikTok can’t provide better revenue share options for creators, more of them will eventually prioritize other platforms instead, and as Reels and Shorts become more popular options, they offer significant reach potential in their own right, which could see TikTok lose market share.

If Meta or YouTube look to sign top stars to exclusive deals, that could be a big blow to the app, while TikTok is also fighting for its very survival in the US, amid ongoing questions about its linkage to the CCP.

As such, it needs this new program to work. We’ll keep you updated on any progress.

TikTok’s Creativity Program Beta will initially be available to creators by invite-only and then become available to all eligible US creators in the coming months.

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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

In a recent announcement, Snapchat revealed a groundbreaking update that challenges its traditional design ethos. The platform is experimenting with an option that allows users to defy the 24-hour auto-delete rule, a feature synonymous with Snapchat’s ephemeral messaging model.

The proposed change aims to introduce a “Never delete” option in messaging retention settings, aligning Snapchat more closely with conventional messaging apps. While this move may blur Snapchat’s distinctive selling point, Snap appears convinced of its necessity.

According to Snap, the decision stems from user feedback and a commitment to innovation based on user needs. The company aims to provide greater flexibility and control over conversations, catering to the preferences of its community.

Currently undergoing trials in select markets, the new feature empowers users to adjust retention settings on a conversation-by-conversation basis. Flexibility remains paramount, with participants able to modify settings within chats and receive in-chat notifications to ensure transparency.

Snapchat underscores that the default auto-delete feature will persist, reinforcing its design philosophy centered on ephemerality. However, with the app gaining traction as a primary messaging platform, the option offers users a means to preserve longer chat histories.

The update marks a pivotal moment for Snapchat, renowned for its disappearing message premise, especially popular among younger demographics. Retaining this focus has been pivotal to Snapchat’s identity, but the shift suggests a broader strategy aimed at diversifying its user base.

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This strategy may appeal particularly to older demographics, potentially extending Snapchat’s relevance as users age. By emulating features of conventional messaging platforms, Snapchat seeks to enhance its appeal and broaden its reach.

Yet, the introduction of message retention poses questions about Snapchat’s uniqueness. While addressing user demands, the risk of diluting Snapchat’s distinctiveness looms large.

As Snapchat ventures into uncharted territory, the outcome of this experiment remains uncertain. Will message retention propel Snapchat to new heights, or will it compromise the platform’s uniqueness?

Only time will tell.

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Catering to specific audience boosts your business, says accountant turned coach

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Catering to specific audience boosts your business, says accountant turned coach

While it is tempting to try to appeal to a broad audience, the founder of alcohol-free coaching service Just the Tonic, Sandra Parker, believes the best thing you can do for your business is focus on your niche. Here’s how she did just that.

When running a business, reaching out to as many clients as possible can be tempting. But it also risks making your marketing “too generic,” warns Sandra Parker, the founder of Just The Tonic Coaching.

“From the very start of my business, I knew exactly who I could help and who I couldn’t,” Parker told My Biggest Lessons.

Parker struggled with alcohol dependence as a young professional. Today, her business targets high-achieving individuals who face challenges similar to those she had early in her career.

“I understand their frustrations, I understand their fears, and I understand their coping mechanisms and the stories they’re telling themselves,” Parker said. “Because of that, I’m able to market very effectively, to speak in a language that they understand, and am able to reach them.” 

“I believe that it’s really important that you know exactly who your customer or your client is, and you target them, and you resist the temptation to make your marketing too generic to try and reach everyone,” she explained.

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“If you speak specifically to your target clients, you will reach them, and I believe that’s the way that you’re going to be more successful.

Watch the video for more of Sandra Parker’s biggest lessons.

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Instagram Tests Live-Stream Games to Enhance Engagement

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Instagram Tests Live-Stream Games to Enhance Engagement

Instagram’s testing out some new options to help spice up your live-streams in the app, with some live broadcasters now able to select a game that they can play with viewers in-stream.

As you can see in these example screens, posted by Ahmed Ghanem, some creators now have the option to play either “This or That”, a question and answer prompt that you can share with your viewers, or “Trivia”, to generate more engagement within your IG live-streams.

That could be a simple way to spark more conversation and interaction, which could then lead into further engagement opportunities from your live audience.

Meta’s been exploring more ways to make live-streaming a bigger consideration for IG creators, with a view to live-streams potentially catching on with more users.

That includes the gradual expansion of its “Stars” live-stream donation program, giving more creators in more regions a means to accept donations from live-stream viewers, while back in December, Instagram also added some new options to make it easier to go live using third-party tools via desktop PCs.

Live streaming has been a major shift in China, where shopping live-streams, in particular, have led to massive opportunities for streaming platforms. They haven’t caught on in the same way in Western regions, but as TikTok and YouTube look to push live-stream adoption, there is still a chance that they will become a much bigger element in future.

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Which is why IG is also trying to stay in touch, and add more ways for its creators to engage via streams. Live-stream games is another element within this, which could make this a better community-building, and potentially sales-driving option.

We’ve asked Instagram for more information on this test, and we’ll update this post if/when we hear back.

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