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tiktok creator The new service, currently in beta, is designed for everyday TikTok users - not just professional creators - who want to earn money by reviewing brands' products. The funding will be used to onboard brands from the company's waitlist of 750+ brands. At present, Bounty works with 30 brands, including Jones Road Beauty, BlendJet, Olipop and Doe Lashes. However, Addie Neri, a TikTok user (addingtoneri) with a modest following of 19,4000, told Fast Company that she was able to make upward of $560 with one Bounty video. As of May 2022, she's earned over $3,000 in total from posting about Jones Road Beauty products with the help of Bounty. Aside from earning money from views, the creator also gets paid when the brand reuses their video in other ways. Brands can view the content created through Bounty's website and can then license it to run as a TikTok Spark Ad - an ad format that lets advertisers place ad spend on user-generated content to boost it to more viewers. They can also use the video in their other paid marketing efforts. This is possible because creators are granting Bounty a license to their content as a part of their agreement, allowing Bounty to sublicense the content to the brand on their behalf. The creator retains a license to the content, as well. The Miami-based company was founded in 2021 by Abe Wolke. He hopes that the product will democratize the influencer economy by "giving paying customers the ability to be rewarded if their content is used by the brand and helps the brand grow," he says. The startup is tapping into brands' growing interest in working with smaller creators. As Insider Intelligence recently reported, "nano" influencer spending (influencers with 1,000-5,000 followers) will rise 220.5% in 2022, while "mega" influencer spending (creators with 1 million+ followers) will grow only 8.0%. In a separate report, the firm noted TikTok ad revenue is expected to triple to $12 billion this year. camera bag cyber mondayfake replica bags
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