Topping the list of the most popular ways in which influencers make money are branded offers. This is how most influential people earn income, and more than two-thirds (68, 81%) of them cite this as their highest-earning source of income as content creators. Most of their posts collect several million “likes”, making their engagement rates some of the highest among these mega-influencers. Nanoinfluencers with fewer than a thousand followers usually accept products and services in exchange for promotions.
Mega-influencers and macro-influencers raise the most money for their sponsored content on social media. Initially a makeup artist and blogger, Huda is now the founder of Huda Beauty and is one of the most successful influencers to date. For example, a micro-influencer who is also a fitness instructor will likely share information about healthy eating, training tips, and sportswear. It is also the most popular social network for most influencer marketing platforms, with many influential people in different niches and more are emerging every day.
With an effective campaign strategy and creative content, the payoff can be enormous for both influencers and brands. Insider has spoken to nearly two dozen Instagram influencers about how much money they charge brands for sponsored content and how else they make a living with the app.
Social media influencersmake money with sponsored posts, affiliate marketing, brand partnerships, marketing and direct donations (tips, subscriptions, etc. From thousands of dollars to hundreds of thousands, no influencer offer is exactly the same as another).
Disney's former girlfriend, Selena Gomez, is not only one of the highest-paid influencers on Instagram, but she also ranks fourth among the most followed people on Instagram. You'll see the “Paid Collaboration” label under the influencer's name for sponsored posts on Instagram. Mega-influencers will also have the most potential for reach, but due to their fame and celebrity status, participation is usually quite low. Influential people around the world are taking advantage of revenue fees, affiliate percentages, sponsorships and monetization.
As more brands turn to smaller creators, such as nano-people or micro-influencers with fewer than 100,000 followers, establishing a full-time career as creators is no longer a pipe dream. The vlogger and Instagram star is considered one of the first to adopt the influence of fashion and currently has nearly 7 million followers on YouTube and Instagram.