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Social media is no longer reserved for avocado laden brunch, proposal announcements and #OOTD updates. It’s a platform to turn profit.
Just take a look at the Kardashian clan for instance, who have built a brand identity courtesy of key social media player, Instagram.
According to Talent Resources, Kim Kardashian is paid up to $500,000 per sponsored post while sisters Khloe and Kourtney can earn up to $250,000 per advertisement.
Khloe Kardashian makes approximately $250,000 per sponsored post
While social media heavyweights, Kendall and Kylie Jenner, who boast approximately 160 million followers between them, are most likely to earn $400,000 per branded post.
Kylie Jenner has over 93.4 million followers
And with easy access to social media platforms such as Facebook, Snapchat and Instagram, it’s hardly surprising that millennials are turning to their accounts to make a living. But have you ever wondered how much you could earn from your online presence?
Let us introduce you to a new tool designed by Advisa, which will enable you to calculate the amount of money you could make from your social media platforms.
Simply enter the number of followers and friends you have across Facebook, Snapchat and Instagram and the tool will correlate the data with findings from social analytics company, Stashmetrics.
Instagram followers are 3.5 times more powerful than Twitter followers
The eye-opening research revealed that the average Instagram user could earn over £20,000 a year if they had the same advertising opportunities as celebrities. While food and fitness bloggers have the chance to make over 100,000 a year with just two posts a week.
But which social media platform proves most useful? According to the data, Instagram holds the most promise, as followers are worth 3.5 times more than Twitter followers.
Courtesy of Advisa
To make the UK’s average salary, you would need to post twice a week to an audience of approximately 2,500 Instagram followers.
Why not try the tool yourself?