By Rochelle Acse, Christine De Jesus, Lorrie Rein Perlac
Who gets paid by just living their lives?
With the ability of today’s internet, it has given people the opportunity to engage to the world and express themselves in every way they want to. With some keyboards and digital cameras on hand, they can write or talk about anything under the sun, from science, fashion, politics or by just sharing how would they love to spend an hour within their boring Sunday afternoon.
Blogging and publishing content across social media platforms can be a hobby for some, but sometimes it can also be a full time career. Some bloggers or social media personalities find ways to monetize their influence, and employed strategies to generate multiple revenue streams, that will turn their passion into profession.
Meanwhile, whenever someone is first introduced to the world of blogging, invariably the first question is “How do bloggers get paid?”
The amount bloggers and influencers get paid for social media marketing in particular depends on several factors like; “going rate,’ the ask in terms of scope of work, the platform on which the influencer is publishing, the influencer’s vertical (category, niche), and the influencer’s reach (how many people follow them or visit their sites and channels).
And in truth there’s no exact science to figure out how much you should pay influencers, while there isn’t a clear-cut answer to this question, there are some guidelines used by marketers, agencies, and influencers themselves.
There are two types of income streams that bloggers can create according to; The Low Maintenance Passive Income and Personal Involvement High Income.
Low maintenance passive income streams allow you to enjoy freedom to use your time how you choose. Personal involvement income ideas wherein you are committed to work for a certain task for a specific time.
It is really important to also think first through the goals, passions and struggles you want to serve, you’ll have a better idea which of the following income streams work best.
Now, the next question is… how do bloggers gets their profit?
Payment getaways plays a vital role in the online payment ecosystem, and using the wrong getaway to accept payments from your customers can send your entire payment process on a downward spiral.
Payment and transactions demand security, reliability, and dependability. And payment getaways takes upon itself to provide you with all that.
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SOCIAL MEDIA MARKETING PLATFORMS
According to HYPR, an influencer marketing platform, that is the price you can expect to pay for a post by an influencer with 500,000 to one million followers across their social media profiles.
But what are the “market” rates for each social media platform?
As per social media websites like Instagram, YouTube and Snapchat these are the following market fees that can be earned by anybody who wants to take this career path.
$ 10 per 1,000 followers
YouTube
$20 per 1,000 subscribers
Snapchat
$10 per 1,000 followers
Most successful influencers often find the best strategy is to incorporate several different revenue streams to elevate their status and their income. It’s also important for an influencer to continue to diversify to protect their business.
If you want to pursue a career opportunity and wants to start monetizing your influence, you should be compensated for your work especially when it benefits someone else so employ a range of strategies to build multiple revenues to social media.
Meanwhile, according to a statics from Statistica, as of May 2018 there were 409 million blog accounts compared to 345 million in the previous years. This shows that there are numerous who want to engage in the industry today and pursuing talents in writ writing using different blog sites to influence readers.
It is not just a about writing to earn money, it is often used to express what is needed to be expressed and write not just for the sake of what is needed to earn.
Inform. Express. Before considering how much you may earn in writing on web consider if are aligned to the real essence of writing. Inform. Express. Because arning is just a bonus.
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