Expert Article
How Social Media Influencers Earn Their Money and How You Can Too A Deep Dive Into the Creator Economy, Monetization, and User-Generated Content Although I am very passionate about my career in influencer marketing, it never fails to humble me when I see influencers earning my entire salary—or sometimes even quadruple that—off a single TikTok video. If you tuned into The Secret Lives of Mormon Wives this month on Hulu, you may have been surprised to discover that influencer Whitney Leavitt was offered $20,000 for a single Instagram Story post promoting a sex toy brand. The opportunities are limitless, and with few FTC regulations in the evolving creator economy, influencers are always looking for the next revenue stream to tap into. As avid social media users, my peers and I deserve transparency—not just on how much creators are earning, but also on how we can tap into that flowing stream of income. Outlining Money-Makers In the Creator Economy According to data from Goldman Sachs, the...