AFFILIATE MARKETING
Which Social Media Platform Pays the Most in 2024? 5 Options Compared
Influencers want to make the most of their efforts to earn money online. They may be active on multiple social media platforms without knowing what financially moves the needle forward. Each platform has its own payout system, but which social media platform pays the most?
Don’t focus your content creation efforts on something that won’t earn you a solid return on investment. You don’t need viral content to earn money on social media. Here’s what you need to know to get paid on the top social media platforms.
Let’s get started.
If you want to make more money, you must create engaging content for your audience. Beyond that, you need to seek out the right social media platforms. But the question is: what social media platforms pay the most?
TikTok
According to a survey by Epidemic Sound, the platform that generates the most revenue for the average content creator is actually a relative newcomer: TikTok. They found that TikTok presents a wonderful opportunity for people to earn more, especially at lower income levels.
You might be surprised at just how much you can earn creating short videos for TikTok. Remember that high-quality videos require a serious time investment, with filming and editing requiring hours of your valuable time. When you factor in how much time you spend, you may be surprised at how little you make.
However, the average TikTok influencer makes $121,675.
That being said, the number is skewed because of the extremely high-income earners (some of whom bring in seven figures from their work). It’s more common for creators to earn $15,000 or less per year.
TikTok Creator Fund and Pay Per 1,000 Views
All of this begs the question: how does the social media platform hand out money? It all starts with TikTok’s Creator Fund. This fund was designed to pay creators for engaging content starting in 2021 with an initial investment of $200 million.
While they aren’t exactly straightforward about how much you’ll get paid for your posts, the average is about $0.02 to $0.04 per 1,000 views.
Minimum Followers and Views to Qualify
If you want to tap into the TikTok Creator Fund, you must first meet their criteria starting with your account.
Eligible accounts must be Pro accounts with a minimum of 10,000 followers. If that seems like a lot, it’s because it is. It will require you to create lots of content and start putting yourself out there.
Additionally, you’ll need at least 100,000 views in the last 30 days.
Merch
Some people don’t want to completely rely on the algorithm to put money in their bank account. And so, creating merch is a way to have greater control over your revenue and generate more money. You can open a TikTok store to sell branded merch that takes your brand out of the computer and into the real world.
Consider using print-on-demand companies to lower your initial investment and only order what sells.
YouTube
While most people are making money on TikTok, YouTube might be a better place for people wanting to become higher-income earners. This social media platform generates a decent income for someone considering doing it full-time.
According to Zip Recruiter, the average annual salary for a YouTuber is $68,714.
If your channel truly explodes, you could stand to earn significantly more. With one million subscribers, it’s estimated that you could earn just over $900,000 annually. Getting to that many followers will take a while, but it’s a great goal to strive for.
YouTube Partner Program and Payment Per Ad View
The YouTube Partner Program is the best option for those who want to make money creating content. It isn’t easy for beginners to reach the threshold where they can share in YouTube’s ad revenue, but it can be quite lucrative when you do hit it.
The criteria for access to YPP are:
- 1,000 subscribers
- 4,000 public watch hours in the last 12 months OR
- 10M valid Shorts views
Once you start to share in their ad revenue, most people find that they earn roughly $0.01 to $0.03 per view, according to Hoot Suite.
Channel Memberships
Once you qualify for the YouTube Partner Program, you can also start channel memberships. This allows people to buy into your network in exchange for premium perks like extra content. Under the umbrella of this content, you can offer several tiers for your followers to opt into, so earnings aren’t straightforward.
However, YouTube takes a 30 percent cut of the funds.
Does it surprise you to learn that Facebook isn’t the social media platform that pays the most?
Despite its status as a giant for social connection, it doesn’t have the same earning power and potential as TikTok and YouTube.
Zip Recruiter puts the average salary for Facebook creators at $80,932 but most people earn less than this pie-in-the-sky amount.
As a content creator, Facebook doesn’t necessarily pay you simply for putting content out there.
Most people earn more here via affiliate marketing and brand partnerships (which we’ll look at in a minute). However, some people can make a solid dent in their living costs based on video views, which was a new addition to the social media platform in 2023.
Video Views & Average Rates Per 1,000 Views
How much can you earn from video views on Facebook? It all concerns the ads on your videos, which can vary depending on your niche and location. However, most people see between $1 and $7 per 1,000 views of their video.
Keep in mind that seasonality also impacts your earnings potential. The holiday season often comes with higher ad spending, which means you’ll likely earn more money. Be consistent with content creation year-round so you can be prepared for these more active times of the year.
Brand Partnerships and Deals
If you’re wondering which social media platform pays the most, you might want to consider this unique revenue stream generated on Facebook. You can work directly with brands to advertise their goods and services, creating content that engages your existing audience.
It’s hard to identify exactly how much you’ll earn here because it depends on what you’re advertising, your number of followers, and the type of content you create (a post vs. a video, for example).
On average, influencers tend to charge right around $600 for sponsored posts.
Next up on our list of which social media platform pays the most is Instagram. If you can create content via videos and photos, this is one of the biggest social media platforms that pay on the market today. It’s estimated that people earn about $17 per hour or $34,624 per year.
Instagram allows you to earn money in several key ways: in-stream ads on IGTV videos, sponsored posts, and badges are all options. It’s a flexible way to earn money and diversify your income streams all in one convenient social media app.
Be sure to check out our article on how to make money on Instagram without followers here.
Ads Revenue on Videos Instead of Views of Photos
Once you start creating content on some of these popular social media platforms, you may get faster at its creation. Churning out high-quality videos regularly will boost your follower count and prime you for increased ad revenue.
Like most other platforms here, this top social media platform doesn’t have its rates set in stone. It varies depending on number of followers, type of content, time of the year, geographic region, and other complex factors.
That said, most current social media superstars earn about $0.01 to $0.05 per view.
Sponsored Posts Boost Instagram Income
Much like sponsored content on Facebook, Meta (the parent company including Instagram and Facebook) also allows you to create the same sponsored posts on Instagram. You can create exclusive content for a brand deal that pays based on the number of followers you have.
Worried that you might not make anything as a micro-influencer? Fear not! Even smaller accounts can make some money on sponsored videos and posts. With 500 to 10,000 followers, you might earn roughly $10 to $100 per post.
Once you clear this initial hurdle, accounts with 10,000 followers or more can earn approximately $500 per post.
Badges
Unlike other social media platforms, Instagram allows creators to give their audience recognition for supporting them by buying badges. When you go live on Instagram, your audience can purchase badges for $0.99, $1.99, and $4.99.
In turn, they get to have the telltale hearts next to their name on your livestream, letting everyone know that they supported your content creation.
The best part is that you earn the entire amount of your badges purchased, minus any applicable taxes and fees.
Twitter/X
Last but not least, Twitter (X) is worth mentioning among the best social media platforms for content creators to earn. And while their monetization program isn’t as robust as the others, you can still tap into their Twitter Tip Jar feature to earn some money from your short posts.
But because the platform’s payment system is still relatively new, there isn’t much data out there to tell you how much you could earn. But if you have a solid following, you should find a way to monetize content via X instead of letting that hard work of building a following go to waste.
Twitter Tip Jar Feature
Which social media platform pays the most? While X doesn’t come in at the top of the list, it does have an interesting way of paying content creators. You can enable the Twitter Tip Jar feature that allows your followers to financially support you via a tip.
It may not be the most reliable way to earn a living as a content creator, but it’s great if Twitter is your social media platform of choice.
Sponsored Posts
Of course, you can also earn money from sponsored posts. Whether they want video creators or simply short and sweet tweets like X is known for, companies are willing to pay for those who have a great (and engaged) following.
A sponsored tweet usually earns somewhere in the ballpark of $0.50 to $1.50 per 1,000 followers.
So, which social media platform pays the most?
The answer may depend on the content you’re interested in producing, ranging from video content to high-quality images to sponsored tweets. While TikTok and its Creator Fund are some of the most popular ways to earn money, other platforms might be worth a second look.
Remember that choosing one doesn’t have to be mutually exclusive to joining others. If you have the time to spare, you can create content for several platforms, expanding your opportunities to earn money for your efforts.
Where will you double down on your efforts to monetize your social media following?
AFFILIATE MARKETING
Amazon CEO Mandates Employees Return to Office 5 Days a Week
Amazon CEO Andy Jassy made a case — and a mandate — for in-office work on Monday.
In a publicly available message, Jassy said that Amazon’s 1.5 million-plus employees must return to the office five days per week starting January 2. Amazon is also bringing back desk assignments to the offices that had that structure pre-pandemic.
Jassy positioned the move as a better way to work and a return to life before Covid.
“We’ve observed that it’s easier for our teammates to learn, model, practice, and strengthen our culture; collaborating, brainstorming, and inventing are simpler and more effective; teaching and learning from one another are more seamless; and, teams tend to be better connected to one another,” Jassy stated.
Amazon CEO Andy Jassy. Photo by Michael M. Santiago/Getty Images
Jassy also said that situations that require remote work like sickness, an emergency, or being on the road are still acceptable.
However, these examples of remote work are the exception to the new rule, not the norm.
Amazon employees have been back in the office at least three days per week as of February 2023. A July report from Bamboo HR showed that one in four executives secretly hoped employees would quit over stricter return-to-office policies.
“Strengthening our culture remains a top priority for the s-team [senior leadership team] and me. And, I think about it all the time,” he wrote. “We want to operate like the world’s largest startup.”
Under the new policy, working from home two days per week is no more. The office culture is returning to how it was before the pandemic, to strengthen work culture and drive better results, Jassy explained.
Related: Dell Reportedly Told Remote Employees to Come Back to the Office or Forgo the Chance to Be Promoted
Amazon joins companies like Salesforce and Walmart that have implemented stricter return-to-work policies.
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Prepare to Land a Position in IT With This CompTIA Training Bundle
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Average growth in information technology (IT) is much higher than that of other industries, and the median wage is reported to be more than double the standard, the U.S. Bureau of Labor Statistics says. If you’re looking for a new or more lucrative career path, it may be smart to consider becoming an IT professional.
While many roles may require a formal degree, roles like support specialists, administrators, and project managers don’t all necessarily demand a degree. Many professionals can earn CompTIA certifications by passing rigorous testing. You can study and prepare for those tests with this 15-course CompTIA training bundle, which is on sale for only $49.97 (reg. $585) for life.
These courses were developed by IDUNOVA, an official CompTIA partner with mor than 20 years spent providing IT education.While these courses can help you prepare for the CompTIA certification exams, it may be helpful to gain relevant experience or a formal degree to land certain positions.
Study CompTIA for a new, exciting career in IT
There’s plenty of variety in the IT industry, meaning there are nearly endless positions to consider if you’re joining this field. Learn to become a debugging expert like Grace Hopper or a cloud-based engineer to join companies like Google or Salesforce.
There are 15 certification prep courses in this bundle, so it might be challenging to figure out where to begin. If you have minimal or no prior IT experience, you might want to start with CompTIA Fundamentals+ and A+, industry standards that also build a foundation for more advanced training.
Other introductory-level courses and certification preparation that might help you land your dream job in IT are Fundamentals+ and Core 1 and Core 2. These could help you get a new job as a desk technician or entry-level cybersecurity position.
From there, you could delve into ethical hacking, a highly in-demand career for many companies. Check out courses like CompTIA Security+ and CompTIA PenTest+ to develop skills to penetrate systems and check their vulnerability.
Ready to work in IT? Grab lifetime access to this 15-course CompTIA training bundle for $49.99 (reg. $585). No coupon is needed to secure this deal.
StackSocial prices subject to change.
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Let Your Projects Shine with MS Project 2021 Pro for Just $19.97
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Project management is a tough gig. A notable study from the Project Management Institute (PMI) consistently highlights that over 70% of projects globally either fail to meet their original goals or deadlines or go over budget. If you want to stay out of that group, Microsoft Project 2021 can help.
Managing a project requires clear visibility, accurate resource allocation, and efficient scheduling. With Microsoft Project 2021 Professional, you’ll have a complete set of tools to help you tackle projects of all sizes, ensuring that you stay on track from start to finish. And for just $19.97, this lifetime license is a cost-effective solution for businesses and entrepreneurs looking to streamline their project management.
It’s designed to help project managers and business owners work more efficiently. With features like automated scheduling, resource allocation, and built-in reports, you can reduce the time spent on manual tasks and focus on making informed decisions and driving your projects forward.
One of the key benefits of Microsoft Project 2021 is its ability to improve project visibility. By offering clear task tracking, resource management, and collaboration tools, you can easily monitor progress and keep your team aligned. This not only enhances communication but also ensures that everyone is on the same page, allowing you to deliver projects on time and within budget.
As your business grows, so do your projects. Microsoft Project 2021 supports that growth with its ability to handle increasingly complex projects, whether you’re managing a small team or overseeing multiple departments. The software’s flexibility and scalability make it an ideal solution for businesses that are expanding and need to keep up with higher project demands.
For just $19.97, you get lifetime access to one of the most powerful project management tools available—no recurring fees, just one upfront investment. By automating key tasks like scheduling and reporting, Microsoft Project 2021 helps you save valuable time.
Pick up a lifetime license to Microsoft Project 2021 Pro for just $19.97 (reg. $249) through September 29.
StackSocial prices subject to change.
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