Generally speaking, the user demographic tends to skew younger. Altogether, there are over 118 million users on Snapchat, which means that opportunities abound for monetization. Just like any other social network, Snapchat users can build large audiences and engage with them directly. Users can also integrate fun filters and emojis to augment their appearance, convey their mood, or alter their environment. What makes Snapchat unique is that the pictures disappear a short time after they are viewed. You can also discover content from other users that appears as suggestions based on Snapchat’s algorithm’s analysis of your interests and connections. Snapchat is a leading messaging app for Android and iOS that enables users to send videos, pictures, and messages - or Snaps - to one another over a mobile device. 9 ways to monetize SnapchatĪ quick primer on Snapchat What is Snapchat? One of the best social media platforms for making money is Snapchat - and this post explains how to do it. There are two types of social media users: Those who use social networks for entertainment and those who see each platform with dollar signs in their eyes. So this means if one of the 13 year olds enrolled as an influencer on the platform can maintain high views and engagement, they could earn $A100,000 every year.This article includes links which we may receive compensation for if you click, at no cost to you. “It’s a score from 0 to 100 that measures how influential someone is on Snapchat, taking into account their views, completion rates, and open rates, etc,” Mr Armoo told Business Insider. “The average person is making around $A2,500 a month.”Įach influencer is given a “Fanbytes Score”, which helps determine how much cash they will receive from the advertising - those with up to 25,000 followers can expect to earn around $A2000 per month, while those with 150,000 plus receive upwards of $A8,500. “Last month, our highest earner was a 17-year-old kid who got $A9,000 through delivering ads in our network,” he told Adweek. Using Snapchat-focused product Fanbytes, popular users of the platform are getting connected with brands like Universal and Charlotte Tilbury to collaborate on advertising videos targeting people under the age of 21.Ĭo-founder Timothy Armoo said the service has worked on over 300 campaigns with its 1,000 influencers who attract between 10,000 and one million views per Snap. Unlike Gen Y’s primary use of the service to discretely send dubious pictures, teenagers as young as 13 are cashing in on the social media platform. It’s pretty safe to say it doesn’t even come close to the lucrative money “teen influencers” are earning using Snapchat. DO YOU remember back to how much money you got per month when you were 13?

How to make money from snapchat