How Much Money Can You Make as an Influencer in 2024

How Much Money Can You Make as an Influencer in 2024

Alessandro Biascioli / iStock.comLike to confess it or not, you’ve in all probability adopted an influencer or two in your life. Even my mother, who “isn’t on social media,” is following quilting “specialists,” aka “influencers,” on YouTube. They’re right here and despite the fact that a TikTookay ban may be occurring, they’re nonetheless more likely to stay-on one platform or one other.Read Next: 7 Things You Must Do To Start Making $1K a Month in Passive IncomeLearn More: 6 Unusual Ways To Make Extra Money (That Actually Work)So, How Much Does a Social Media Influencer Make?You may be stunned.Sure, a few of us have heard about insane offers, like Kylie Jenner charging an common of $1.8 million per Instagram submit with a accomplice.But ZipRecruiter says the imply wage is $57,928, or about $28 an hour, as of mid-March 2024.How do Social Media Influencers Earn Money?Most possible, it’s by working with manufacturers via “collabs” and getting paid per submit as a part of an influencer advertising and marketing technique.It’s not nearly what number of followers you’ve that’s factored into how a lot a model can pay you for a submit. It’s your attain, influencer engagement, the business you’re focusing on, the kind of content material you’re placing out (a submit versus a video or a carousel, for instance), exclusivity, demand, and utilization rights.It’s all a bit extra difficult than it appears initially. That’s why many influencers with massive followings work with brokers who can facilitate the connection between an influencer and the chance they’re offered with.Wondering Where Your Social Media Influence Would Fall?Here’s what the classes are:Nano-influencers: 1,000-10,000 followersMicro-influencers: 10,000-50,000 followersMid-tier influencers: 50,000-500,000 followersMacro-influencers: 500,000-1,000,000 followersMega-influencers: 1,000,000-plus followersAn Instagram influencer with about 10,000 to 25,000 followers often earns about $100 to $250 per sponsored submit.Trending in the direction of a mega-influencer standing on Insta? You’ll possible be paid between $5,000 and $25,000 per Instagram submit.The highest-paid social media influencer? Cristiano Ronaldo. Yes, that Ronaldo. And he’s been on the prime of this checklist for 3 years in a row.The soccer star will get paid $3.2 million a submit.YouTube influencer Safiya Nygaard has over 10 million followers on that platform alone and has been mentioned to recover from $200,000 per submit throughout platforms.So remind your vital different (or boss?) of that reality the following time they ask when you’re nonetheless goofing off on Instagram or TikTookay.More From GOBankingRatesThis article initially appeared on GOBankingRates.com: How Much Money Can You Make as an Influencer in 2024

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