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Which social media is best for making money?

Published in Social Media Monetization 4 mins read

While the "best" social media platform for making money depends heavily on your content, audience, and monetization strategy, YouTube generally offers the highest direct payments for views through its ad revenue sharing model, making it a strong contender for creators focused on video content. However, numerous platforms provide diverse opportunities to generate income beyond just ad views.

Direct Monetization: Platforms That Pay for Views

Several social media platforms offer ways for creators to earn money directly through their content, primarily via advertising revenue shared with creators. According to recent data, YouTube leads in direct per-view payouts.

Platform Payouts for Views

Here's a breakdown of how some popular platforms stack up in terms of direct payments for views:

Platform Estimated Payout (Per View/Ad View) Notes
YouTube ~$0.018 per ad view Considered the highest payer for monetized videos. Established YouTubers can expect significant ad revenue, making it a strong platform for creators with large viewership.
Facebook Variable (not cut-and-dry) Payments per 1,000 views are not fixed, but Facebook offers various monetization tools for creators, including in-stream ads and subscriptions.
TikTok Variable (not set in stone) TikTok's Creator Fund payments can vary widely based on views, engagement, and region. Live gifts and brand partnerships often yield more significant income than direct views.
Instagram Variable (curious case) While Instagram doesn't have a direct "per view" payout model like YouTube, it supports monetization through Reels bonuses, badges during Live videos, and direct shopping features.
X/Twitter Variable X (formerly Twitter) has introduced ad revenue sharing for verified creators, paying out based on ad impressions within replies to their posts, though rates vary.

For more detailed insights on platform payouts, you can refer to resources like Epidemic Sound's analysis on social media platform payments.

Beyond Views: Diverse Monetization Strategies

While direct view payments are a significant income stream for some creators, many other lucrative opportunities exist across various social media platforms. The "best" platform for you might be one that aligns with these broader strategies, regardless of its direct view payout rate.

Common Income Streams on Social Media

  • Sponsored Content & Brand Deals: This is a primary income source for many influencers. Brands pay creators to promote their products or services through dedicated posts, videos, or stories. This can happen on virtually any platform, including Instagram, TikTok, YouTube, Facebook, and X.
  • Affiliate Marketing: Creators promote products or services using unique tracking links. When their audience makes a purchase through these links, the creator earns a commission. Platforms like Pinterest, Instagram, YouTube, and blogs linked from social media are popular for affiliate marketing.
  • Selling Products & Services (E-commerce): Many businesses and individual creators use social media to sell their own physical products (e.g., merchandise, handmade goods), digital products (e.g., e-books, courses, presets), or services (e.g., coaching, consulting). Platforms like Instagram (with Shopping features), Facebook Marketplace, and TikTok Shop are increasingly integrated for e-commerce.
  • Subscriptions & Memberships: Platforms like YouTube (Channel Memberships), Facebook (Supporter Subscriptions), and external platforms like Patreon, often promoted via social media, allow creators to offer exclusive content or perks to paying subscribers.
  • Fan Support & Donations: Direct contributions from an audience can be a significant income stream, especially for live streamers or creators with highly engaged communities. This includes features like Twitch Bits, YouTube Super Chat, Facebook Stars, and direct links to payment platforms.
  • Live Commerce: Selling products in real-time during live streams has gained popularity, particularly on platforms like TikTok and Instagram, combining entertainment with immediate purchasing opportunities.

Choosing the Best Platform for You

The "best" platform for making money is highly individual and depends on several critical factors:

Key Factors to Consider

  • Content Type: Do you excel at video (YouTube, TikTok, Instagram Reels), photography (Instagram, Pinterest), short-form text (X, Facebook), or long-form written content (Facebook, LinkedIn)?
  • Audience Demographics: Where does your target audience spend most of their time? Different platforms attract different age groups and interests.
  • Niche: Some niches thrive better on specific platforms. For instance, fashion and beauty are huge on Instagram and TikTok, while business advice often finds a strong audience on LinkedIn and YouTube.
  • Engagement: A highly engaged audience, regardless of size, can be more valuable than a massive, passive one, leading to better conversions for sales, sponsorships, or direct support.
  • Monetization Strategy: Your chosen income streams will dictate the most suitable platform. If ad revenue is paramount, YouTube is strong. If direct sales are key, Instagram or TikTok might be better due to integrated shopping features.

Ultimately, the most effective strategy often involves building a presence on one or two primary platforms where your content resonates most and then diversifying your income streams beyond just direct view payments.