In recent news, Instagram is working on new tools that help creators earn more money on the platform. However, the catch here is that creators will have to stream more content. This was first highlighted by Facebook CEO, Mark Zuckerberg, at the very first Creator Week event.
Once the new tools launch, influencers can earn more money if they achieve certain milestones mentioned by the company. For example, on Instagram, creators can earn ‘bonuses’ by selling a set number of badges within their streams. On Facebook, these bonuses are known as the ‘Stars Challenges’ which rewards creators for meeting their respective goals.
Moreover, Zuckerberg even brought in some details about the new way of influencers earning a commission. This includes selling products within the platform and tagging certain products which are set to help them earn more commission.
All in all, Instagram is slowly defining itself as the new top-tier platform for creators and influencers to define their brand and make a huge amount of money.