Nowadays, people are striving to earn a secondary source of income in order to be more financially independent. Having multiple sources of income is also a sure way of ensuring that you will never have to go hungry and the likelihood of having high income and savings combined. Many have gone on being YouTuber in order to generate a secondary income, now, probably not many people know that besides YouTube, you can also generate income via other platforms, provided you are creative and your post garner a number of views. For many creatives, earning money is easier than before.
According to CNBC, Snapchat pays up to $1 million per day for created content on the platform. Snapchat users can submit their best snaps to Spotlight, an entertainment platform that shares this kind of content from around the world. The content is then moderated, and if it meets Snapchat’s requirements, it will be shared. If your snap goes. Viral, you will then be notified that you’re eligible for a Spotlight Payout. You can earn multiple pay-outs, though, according to Snapchat Support, this service is only available in selected countries.
We all have seen a TikTok video on our social media feeds. The videos are created for entertainment, to inspire and as a way for creators to express themselves. TikTok supports and rewards these individuals for their efforts. To participate, you need to meet certain demographic requirements and post original videos in line with the app’s Community Guidelines. You’ll also need to have a minimum of 10,000 authentic followers, along with 100,000 genuine video views in the last 30 days. If you meet the above requirements, and you reside in either the US, UK, Germany, Italy, France, or Spain, you can apply by clicking on Creator tools in your settings on the app. The funds are calculated by combining a number of elements, including views and engagement. Users who earn from the Creator Fund have a dashboard with estimated funds and can withdraw these 30 days after the month ends.
Of course, YouTube is probably the most mainstream platform for creators to earn an income from. Eligibility is open to anyone who creates unique content for the community. YouTube will reach out to the creators who generate the most views and engagements every month to reward them for their videos. YouTube users can prepare for the YouTube Shorts feature by reading up on the rules and learning how to use the platform. Once you hit 1,000 subscribers and have 4,000 public watch hours in the last 12 months, you can start to generate income. Ultimately, your subscriber count and number of views can both influence how much you earn on YouTube.
Users can purchase badges during live videos to show monetary support to content creator on Instagram. Unlike the previous few platforms, Instagram does not pay creators for the content that they create. Once someone purchases a badge, they will stand out in the comments section and gain access to additional features. These include placement on a creator’s list of badge holders, along with a special heart feature.