The creator economy consists of more than 46 million professional content creators, showing this side hustle’s widespread popularity. This is probably the right time to jump into content creation.
Consumption of both textual and visual content has skyrocketed in recent times. That has created additional space for content creators to generate passive income.
We will explore some of the best money making ideas for content creators and platforms that pay. So keep reading!
Platforms That Pay Content Creators
Depending upon the nature of their content, dozens of online platforms pay content creators for contributions. Here are some of the most popular ones:
YouTube:
This platform pays a few bucks to millions of dollars to its creators. Long and short-form video content is used to monetize.
Twitch:
Twitch is well-known among online gaming community content creators. It is mainly used for live streaming of video games. Gamers monetize their streams through ads, sponsorships, and subscriptions.
Facebook:
Facebook owns the title of social media giant with a massive audience. It pays content creators in the form of stars, instream ads, and subscriptions.
Instagram:
Instagram works similarly to Facebook as and hub of influencers. Content creators get paid in the form of subscriptions and advertisements.
X (Formerly Twitter):
X has recently introduced monetization options for creators, but they are restricted to paid members. It offers share to creators from the ad revenue and subscriptions.
Medium:
Medium is a free blogging platform that pays publishers for their textual content. It shares the revenue collected from the paid readers and holds promising growth opportunities.
AdSense:
AdSense is Google’s parent company that also works with YouTube. It pays a certain amount to both publishers and content creators from the advertisements.
TikTok:
TikTok has emerged as the leading short video platform in a momentary time. It is also the hub of influencers and short video content creators. TikTok pays content creators in different ways including a creator fund and advertisements.
10 Easy Ways To Make Money As Content Creator
Making money as a content creator requires solid public engagement and interest in the created content. Here are some ideas for content creators to make money.
1. Ad Revenue Platforms:
There are mainly two types of ad revenue content creation practices. One is textual while the other one is visual content. YouTube, Twitch, TikTok, and Facebook give money for visual content.
X, WordPress, Medium, and personal blog websites generate revenue from textual content shared in the form of blog posts.
2. Paid Subscriptions
If you become successful in building a good following and community, monetize it through paid subscriptions. Offer exclusive content, and community perks with a tiered subscription method.
This can be done utilizing Patreon, Substack, YouTube, and Twitch platforms. Content creators can make recurring money from their loyal supporters.
3. Brand Partnerships
Content creators with an established audience around a specific niche can reach out to brands for partnerships. Offer them sponsorship and shoutouts for an agreed reward.
You can also offer product reviews, comparisons, and deals. Social media influencers, YouTube creators, and publishers can use this idea to monetize their audience.
4. Sell Online Products
Create your e-commerce store and offer personalized merchandise to your community. T-shirts, mugs, and decoration pieces. You can also sell digital products like design assets, templates, and printables.
Print-on-demand store is another good idea for content creators. Which is cost-effective and profitable as well. Shopify, Etsy, Redbubble, and Printify are some good platforms for this type of hustle.
Also Read: How To Make Money On Shopify?
5. Affiliate Marketing
Affiliate promotion is another common practice by famous content creators. They can share exclusive affiliate links with their audience to make money through affiliate commissions.
Reach out to individual businesses in your content category that accept affiliate partnerships. Join popular affiliate networks like CJ, ClickBank, and Impact Radius. Use URL shorter tools to make short URLs from weird affiliate links.
6. License Your Content
Content creators who create exclusive stock footage and images can make money through licensing. You can also create unique illustrations and graphics for commercial use.
Shutterstock, Adobe Stock, and Getty Images are some of the popular platforms for this purpose. Create your seller or creator account to connect with a massive buying community.
Also Read: How To Make Money By Selling Photos?
7. Offer Online Courses And Consultations
Make an online course around your area of expertise that can help your audience to become a successful content creator. Set the best pricing with payment method for them to access course content. Coursera, Patreon, and Udemy are the best places to sell online courses.
Content creators can also offer paid consultations to businesses and newbie creators. Share your experience and strategies with others for learning.
8. Give Content Creation Services
Content creation involves different skills including content writing, scripting, video editing, and SEO in some cases. You can offer content creation services to brands and growing creators.
Sign up as a freelance seller on platforms like People Per Hour, Upwork, and Fiverr. List the services and gigs that are covered in your skillset. Get paid for your services from fixed-price projects and hourly contracts.
9. Events, Webinars And Conferences
Creators with a good following are usually approached by webinar hosts, events, and conference organizers from their respective industries. Participate in such community meetups that bring monetary and social benefits.
Most of the time they are paid or get exclusive rewards from the hosts. Further, such events add more face value and help you get featured on renowned news outlets.
10. Tipping And Donations
Tipping and donations from their followers are last but not least money money-making ideas for content creators. They can encourage their audience to support their content creation efforts.
Most creators use Patreon and PayPal for direct support from the community. For the success of this idea, you need a value addition and a loyal audience that values your work.
Common Questions About Content Creators
Conclusion
Content creation is a demanding passive income side hustle. That requires consistency, continuous learning, and patience to become successful. So you need to work harder to grab the attention of viewers.
Most people quit in the early days of their journey as they see no results. First, you need to learn how the content algorithms work. Click-through rate, average watch time, and audience engagement are three key factors of growth.