We have all heard about earning money online, especially through social media. For this, you require an audience; currently, Instagram, YouTube, and TikTok are some of the most popular social media platforms across the globe. Without a doubt, this is a great career choice, but before you quit your 9-to-5 job, there are several things you need to know.
This is because after quitting your 9-to-5 job, you might not be able to generate a stable income for some time. Once you crack the algorithm, you may be able to make some serious money from social media. Here, you can make serious money. Let’s check some of the factors, so without further ado, let’s check this out.
How much money do Instagram influencers, celebrities, and YouTubers make in India?
Here is the context: how much do people earn from social media?
According to a report, Hopper Instagram Rich List 2020. Dwayne Johnson (aka the Rock) generated $1,015,000 (~Rs 7.6 crore per post). Followed by Kylie Jenner (the youngest self-made billionaire) generated (~Rs 7.3 crore per post). Let’s check out YouTube’s CarryMinati (Ajay Nagar), the highest individual creator with a whopping Rs. 50 lakh per month.
To achieve this amount, you need many audiences, counting up to millions on social media. Not to mention, you can’t get to the top overnight. It takes some time and much effort. For this, you need some points to remember, such as.
- Define your niche.
- Create quality content.
- Be Consistent
- Build a strong community.
Okay, you were thinking about generating money without having a lot of millionaire followers. For this, let’s check how much you need from the audience to generate a healthy amount of money. For this, you can use the LICKD website, which enables you to calculate how many followers and views you need to generate a certain amount of money in a year. It uses multiple industry standards and helps you figure out a stable income.
Here, if you want to earn Rs. 50,000 a month from social media, that is equal to Rs. 6 lacs a year and converted to USD 8,000. For this, your minimum requirement is 5,000 followers and 25 sponsored posts on Instagram. As for YouTube, your minimum requirement is 1000 YouTube subscribers with 1,913,876 yearly views on your channel to generate an equal amount. To come to TikTok, you need a minimum of 10,000 followers with 21,621,622 yearly views. As mentioned above, the calculation estimates you need to crack a deal and require a certain number of followers. Also, the payout depends upon the industry and depends on several factors, such as how niche your audience is.