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Strategic Methods Influencers use to Earn Cash

An influencer could join a cost per thousand (CPM) network. In those, they earn a set amount of money for every 1,000 ad impressions. It doesn't matter whether a visitor clicks, as the blogger is paid merely for displaying the ad. Influencers with a lot of traffic can forgo the ad networks entirely and make good money on advertising by selling ads directly. With this approach, they can essentially set their own rates and conditions and have more control over ad placement.


How much an influencer earns through advertising similarly varies. Starting on an ad network such as Mediavine requires a minimum of 25,000 website sessions per month, and generally nets over $500 per month (depending on how many ads they agree to place). It only goes up from there, meaning that a travel site with a decent amount of reach can bring in several thousand a month and more. These approaches can work when you learn more about how to become an influencer.


Sponsored Posts and Brand/Destination Campaigns


Beyond the display, ad sits sponsored posts and brand campaigns. With these, brands ask the influencer to promote their product directly in exchange for compensation.


Or, specifically in the travel industry, destinations bring in influencers to promote their location and will cover the costs of the trip plus pay an additional fee for a set amount of promotion and deliverables. In both cases, deliverables could include blog posts, videos, and social media posts that showcase the product or destination.


While celebrities can earn hundreds of thousands or more for a single sponsored post, most travel and lifestyle influencers don’t command that price. However, many can make anywhere from a few hundred to $5,000 or more for each campaign, depending on their niche, reach, and the product or service involved.


If the arrangement extends beyond a single post, entering into the brand ambassadorship category, the compensation can be higher. Since these arrangements are long-term, companies have to compensate the influencer for the additional time and attention. The details of the partnership (including term length, level of promotion, etc.) greatly affect how much an influencer earns.


Courses, Subscriptions, Ebooks


Creating their own products is another way some influencers make money. With courses, the blogger usually provides the buyer with educational materials and (possibly) direct access to them or another person with expertise in that area. The person who purchases the course can then learn about the topic. For example, an influencer with a blog might offer a 30-day course on how to launch your own income-generating blog or how to make the most of affiliate marketing.


Subscriptions typically give the buyer access to additional content that isn’t available for free. This is the “paywall” approach, where “premium” services and materials are hidden from view unless you sign up and pay the fee.

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