How Do Influencers Make Money? The Complete Guide
How do influencers make money on social media platforms like Instagram, YouTube and TikTok?
A lot of you are familiar with the way YouTubers generate revenue from ads that play during their videos, but how do influencers make money beyond that? What about influencers who only stream through Twitch or upload content to Instagram?
In this post, we list the most common (and some uncommon) monetization strategies influencers use to fund their empires.
How do influencers make money? 11 monetization strategies that work
1. Subscriptions
Because other monetization strategies on this list are unpredictable, many social media influencers turn to subscriptions instead. You can charge subscription fees on YouTube (where they’re called “channel memberships”) and Twitch. You can also use a third-party service like Patreon. Subscribers receive premium content and additional perks no matter which option you decide to go with.
If you’re active on YouTube, use channel memberships. If you’re active on Twitch, use Twitch subscriptions. If you use both, use both! However, both social media channels have partner programs you need to be part of in order to use the subscription feature. Here are the prerequisites you must meet before applying: