Social media has brought about so many advantages, especially in terms of creating job opportunities. One such opportunity is the influencing job. So many influencers in the online world are doing very well for themselves. You will be amazed at how much money these influencers make; to top it all, most of them are teens or young adults.
Who is an influencer?
An influencer is anyone with the ability or potential to influence people to go for certain products or services. With this definition, we can deduce that the job of an influencer is to convince people online to purchase or try certain products or services, and they do this by doing relatable content on their social media pages.
A lot of businesses and organizations, both private and public, employ the assistance of influencers as a form of marketing or when they need to share certain information with the public.
Influencing is a promising career whose popularity increases each day. There are thousands of influencers all over the world, with new and upcoming ones emerging on a regular basis.
5 Ways Influencers Make Money From Their Content
1) Brand Ambassadors
This is a very common earning avenue for influencers and a very lucrative one. This involves an influencer being under a contract with a brand to appear on their content or posts for a specific period. They either get an agreed payment for this, get free products, or a high affiliate marketing commission depending on the contract signed. Most influencers have made a lot of money from being brand ambassadors.
2) Active Social Media Accounts
Platforms like YouTube and X (formerly known as Twitter) pay users with a lot of engagement on their posts. What this means is that when an influencer makes a post or content with thousands of views and interactions on their page, they get paid for it. For example, YouTube pays between $2 to above $18 per 1000 views. However, it comes with terms and conditions like having up to 1000 subscribers and 4000 watch hours in the past year. An influencer with active social media accounts is very likely to benefit from this earning avenue. An active account can be achieved through having a lot of followers, likes, and views. Influencers can either gain followers and views by posting appealing content or from platforms or organizations like Bulkoid that offer such services. If you are looking to boost your social media page, you can go for Bulkoid’s social media likes/views services.
3) Subscription-Based Platforms
Some platforms support paid subscriptions and this is different from having followers. Of course, influencers need to have people following them, before compelling them to opt for the paid subscription package.
Getting followers to subscribe comes with a lot of work, as they need to ensure that being a paid subscriber comes with more value before they can be willing to subscribe. As long as an influencer creates relatable, appealing, and value-added content they can get subscribers on their channels or pages and more subscriptions equals more money.
4) Affiliate Marketing
This involves an influencer getting a commission when a product is purchased through a specified link. Brands provide influencers with specific links to their products online and make commission-based payments to them when these links are clicked and purchases are made.
5) Original Products and Services
Most influencers start up their brands when they become very popular. They either go into selling their own products or offer online courses, either way, they make tons of money from it.
There are other ways influencers make money from their content, the above list just contains the most popular ways they make their money.
Conclusion
Is influencing a lucrative job? The answer is YES. Most influencers earn more than those working in corporate organizations. However, you should know that becoming a known, and well-paid influencer is not a day job, and neither is it easy. You need to first have a strong online presence. The goal is to generate enough followers, views and likes on your page. You can only get noticed by brands when your social media pages are active, and when it is guaranteed that you can reach out to a lot of users.
I’m Dr Justin Boey, an Aesthetic Doctor in Singapore. I believe in open sharing of knowledge and skills to patients, blog readers and fellow doctors alike.