Most people think it’s just brand sponsorships ...
Here's how creators actually make money. First off, here are the things that people usually think is how creators make their money. First, that the platform pays you. Like, Instagram or TikTok writes me a check. No, not really. Instagram doesn't pay out anything, unless you have those subscriptions toggled on. And TikTok's payout is flaky at best. And the second thing is sponsored posts. And yes, this is a huge part of the business, but I promise you, if you're just focused on that, you are missing most of the story. Okay, so here's where things really kick into gear. When you go into a creator's bio and you see that they have things listed that say a course, community, a membership, coaching, digital downloads, selling a physical product, this is where we get into the worlds of creators as entrepreneurs. This is where creators are building equity in their brand and they're owning their audience outside of social media platforms. The reason why these things are such great opportunities for creators is because you've built an audience, presumably around something that you like to talk about. If you can yap about gardening in a social media post, you can yap about it in a community or in one-on-one coaching. If social media is about sharing what you love, courses and communities and coaching are literally just different manifestations of the exact same thing. Now I know what you're thinking, how much are creators actually making off this stuff? So I got the stats. On average, creators who are selling these products on Kajabi, which is one of the platforms that creators can use to easily make and manage these products, make $190,000 a year. So yeah, when you see that a creator has one of these things in their bio, you know there's a decent chance that they are bringing home the bacon. So if you're ready to start diversifying your income streams and start taking content creation more seriously, here's some homework. Go look up three of your favorite creators who are making money. What do they offer? What products resonate with you? Which ones would you be excited to make? Write it all down and when you're ready to go from idea to reality, head over to Kajabi to get started quickly and easily.
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