Creators are diversifying their revenue streams beyond influencer marketing. That’s a net positive for the creator economy, but it also puts some creators in direct competition with brands for consumer spending.
Key Question: How much are creators earning from their activities on social media, and how do their evolving monetization strategies affect marketers?
Key Stat: Creator revenues in 2024 from tipping ($160 million), subscriptions ($270 million), and merchandising ($450 million) on social media will each have at least tripled between 2021 and 2024.
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Table of Contents
Executive Summary
Creators are diversifying their revenue streams
Creators are going direct-to-consumer
Affiliate marketing will be a $1 billion-plus business for creators this year
Platform payouts are a headache, but can be lucrative
What does this mean for marketers and the platforms?
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Creators Make the Most Money From Brand Deals, but Their Earnings Breakdown Is Changing (billions in US social media creator revenues, by stream, 2021 & 2024)
Creators Make the Most Money From Brand Deals, but Their Earnings Breakdown Is Changing (billions in US social media creator revenues, by stream, 2021 & 2024)
Creators Make the Most Money From Brand Deals, but Their Earnings Breakdown Is Changing (billions in US social media creator revenues, by stream, 2021 & 2024)