Subsidizing Creators Ain’t Easy; TikTok Learns From Search (And Vice Versa) – AdExchanger
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Creatoring Something Out Of Nothing
Tech companies spend millions of dollars – even billions – to subsidize creators. But have any started a creator revenue flywheel (aside from YouTube)?
Paying creators is expensive, and the payoff isn’t always clear. Sometimes it can feel like a lottery system with occasional lucky winners.
Snapchat paid out more than a million dollars per day last year, but the bonanza only lasted a few months – and, anyway, $1 million per day is relatively low if you want to attract a vibrant creator economy.
TikTok, which has a $200 million creator fund, is a newish platform, so creators are more willing to patiently await the rollout of revenue-generating products. But that patience won’t last forever. Supporting creators will be a huge business challenge for TikTok this year, according to eMarketer.
But creator funds aren’t specific to social media. Last week, HubSpot announced its…
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The post Subsidizing Creators Ain’t Easy; TikTok Learns From Search (And Vice Versa) – AdExchanger first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2022/03/28/subsidizing-creators-aint-easy-tiktok-learns-from-search-and-vice-versa-adexchanger_2022032816970.html
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