The internet has provided many opportunities for creative people to gain fame and make money online. In this era, writers, musicians, filmmakers, and other content creators have a variety of ways to share their creative visions with appreciative audiences.

It has been reported that over 50 million people around the world could consider themselves content creators. Of these, 46.7 million consider themselves amateurs and more than two million consider themselves professional creators, earning enough from their passion to consider it their full-time job.

Getting into monetization doesn’t have to be stressful. Users can go from live streaming to social gaming to content commerce, and the list of possibilities keeps growing. If you are still wondering how to make money from social media platforms, here is everything you need to know. We bring you the best social media platforms and how to target your customers accordingly to gain followers and monetize them.

1. Youtube: As a next step, it is imperative to think about monetizing YouTube videos at least once in your career. There are several ways to do this. The most effective and common way is through the YouTube Partner Program (YPP). It is an update that allows users to place ads on their YouTube videos and earn money. Before a user can join YPP, she must have 1,000 subscribers, a total of 4,000 watch hours on the channel, and meet YouTube’s community guidelines. Eligible users can now enable monetization for as many videos as possible on YouTube. Other ways to monetize your content on YouTube include brand offers, affiliate marketing, and YouTube Live.

2. Twitch: Twitch is a global live streaming platform that focuses on the best gamers to engage with followers within your profile. Owned by Amazon, it has become one of the best platforms for streaming. The platform currently has around 17.5 million daily active users. The comprehensive app offers extremely easy installation with a flexible user interface and is compatible with almost all popular video streaming tools. The easiest way to monetize content on Twitch is through Bits, a type of currency used within the platform that allows users to receive and send. For each emoticon/bit sent, the creator of the emoticon receives a financial reward, ie $0.01. Users can also monetize the live game app through Amazon affiliates, subscriptions, and advertising.

3. Instagram: Instagram is a behemoth of a social media channel that continues to grow at an unprecedented rate. Wondering what it has in store for you? Although it is a photo and video-sharing platform, you can even make money from Instagram with the right approach. Before you start your monetization journey on the platform, create a community of engaged and engaged followers.

First of all, there are many ways to monetize your content on Instagram – from selling your own products, and affiliate products, and creating sponsored content to video product placements. One of the most effective ways to start your monetization journey is to offer your subscribers access to your exclusive, high-quality video content as a paid subscription. Also is known as a subscription video streaming service. This feature allows a creator to design whatever content they want, be it educational, inspirational, entertainment or otherwise, and earn constant rewards for their creativity. With this feature, subscribers pay a monthly subscription to access premium content at a price set by the creator.

4. Snapchat: Snapchat pays content creators around $1 million a day to post videos on its platform. Currently, Snapchat has over 249 million daily users and launched its new feature, Spotlight, in late 2020. Spotlight allows content creators to submit their funniest videos that meet Snapchat’s requirements to be selected for sharing with Snapchat Spotlight and the search results page.

There are a few guidelines creators should follow to make sure their photo gets picked up by Spotlight:
– Must meet Snapchat Community Guidelines and be appropriate for an audience 13 and older
– All videos must be vertical with audio
– Content can only be 60 seconds long
– No sales of products or services
– Original content only

If Snapchat moderators accept your content, you’ll be notified.

5. Pinterest: We share our dinner photos on Instagram, but Pinterest is where more than 400 million people find inspiration for fashion, home decor and DIY projects every month. Most content creators on the platform sell items using Product Pins. The Pinterest app allows users to check an item’s price and availability, and then be redirected to the creator’s website when they decide to purchase it. Pinterest also announced its Creator Rewards program, which pays people to create original Idea Pins.

An example of Pinterest Idea Pins- More organic engagement and more pin replies increase a creator’s monthly reward.

A creator can make a withdrawal if they:
– Have a Pinterest business account and the platform app on your phone
– Be at least 18 years old

In the USA:
– Have at least 1,000 followers on their account
– Create (at least) three idea pins
– Creators can turn Guides, Recipes, and Projects into Original Idea Pins and start earning money when accepted into the program.

Conclusion: Content creators are recognized and rewarded for their efforts. You now have the ability to monetize your content directly from the channel it’s shared on. Even if you don’t make social media your full-time job, you can reinvest the earnings you get into your content and have even more fun. So start, creating and sharing on the social media platforms listed above and start earning straight from the source!