A new online tool shows you how many social media followers you’ll need to earn a living from being an ‘influencer’ and quit your 9-5 job for good.
The ‘social salary calculator’, created by music licensing platform Lickd.co, works out a level of social media engagement that would earn you your ideal salary.
For example, if your desired yearly salary is £50,000, you’ll need a minimum of 1,000 YouTube subscribers and 16.6 million yearly views on your videos.
Alternatively, on Instagram, you’ll need a minimum of 5,000 followers and 214 sponsored posts a year on the platform to earn the desired £50,000.
Or you could earn £50,000 a year from having at least 10,000 TikTok subscribers and 187.6 million TikTok video views a year.
So-called ‘influencers’ with millions of follows can make a handsome living from promoting products on their social media accounts.
The ‘social salary calculator’ from Lickd.co lets you enter your desired salary and provides an estimate of how much social media engagement you’d need
WHAT IS AN INFLUENCER?
Influencers are people paid by companies to endorse their product on their social media accounts.
Influencers can charge thousands of pounds to endorse a single product.
This means posting one photo to Instagram with an endorsement can constitute a day’s work.
And the more followers an influencer has, the more they’re likely to get paid for a single post.
Influencers don’t have to be celebrities or specialists in any…