March 28, 2024

The writer economic system has taken important steps in recent times, each relating to measurement and viability, with every yr seeing increasingly more creators leaping into the sector.

This important momentum has led to an estimated 50 million other folks lately participating within the multibillion-dollar writer economic system marketplace, in keeping with a document from SignalFire.

But, a overwhelming majority of the ones creators are most effective doing so part-time, and of the minority of creators who do make content material full-time, a lot of them are not able to leverage this into an source of revenue flow that would change their present full-time activity.

Of the 2 million creators who make content material on a full-time/skilled foundation, most effective 12% earn greater than $50,000 in keeping with analysis from Linktree.

This has left many wondering what’s retaining again the ones 48 million novice content material creators from making an attempt to transition this right into a full-time occupation, and of the two million who already achieve this professionally, what are the foremost hurdles retaining creators again from monetizing their logo right into a livable source of revenue?

Let’s check out the 3 largest demanding situations creators face when taking a look to monetize their logo – extra in particular in the course of the gross sales of products, on this case – and the way they are able to shortcut a few of these hurdles with the era to be had available in the market these days.

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