Scroll down for 23+ stats about content entrepreneurs in the creator economy.
What is the creator economy?
The creator economy is a world where creators make money directly through their audiences. They monetize their audience through different revenue streams, including:
- Platform payments (YouTube ads, Twitch affiliate status, etc.)
- Advertising on their websites and in their content products, such as newsletters
- Brand sponsorships
- Paid subscribers and communities
- Follower and fan contributions
- Affiliate marketing – creators earn commission when their audience purchases products through provided links
- Content product offerings (courses, videos, books, etc.)
- Coaching and consulting
Is the creator economy made up of influencers?
Yes and no. Influencers are only part. Adobe estimates influencers make up only 14% of the creator economy. Content entrepreneurs are a growing segment of the creator economy.
What are content entrepreneurs?
Here’s a detailed definition of a content entrepreneur from Joe Pulizzi, founder of The Tilt – a newsletter to help content creators build their business – and the Creator Economy Expo (CEX) – an annual event for serious content creators.
A content entrepreneur:
- Delivers consistent information to a group of people, with plans to build a loyal audience and then monetize that audience over time.
- Creates content products to build a long-term, successful business (not as a hobby).
- Begins primarily on one channel (as a podcaster, a blogger, a YouTuber) and then diversifies into many channels.
- Generates revenue from their audience in multiple ways.
23+ Stats on the Creators and Entrepreneurs
These stats come from research published in 2021 and 2022.
Creators in the creator economy
- 303 million creators operate in the global creator economy. (source)
- 17% of creators are business owners, while 39% aspire to become one. (source)
- 6 in 10 creators also have a full-time job. (source)
- Creators who create content daily or at least 10 hours a week report being the happiest overall. (source)
Operating in the creator economy
- Most common challenges experienced by creators operating businesses in the creator economy (source)
- Securing brand partnerships (58%)
- Receiving timely payments (50%)
- Negotiating contracts (48%)
- Maintaining brand sponsorships (46%)
- Securing brand approval for content (38%)
- Developing content for brand promotion (36%)
- 40% of creators strongly agree their primary platform helps them grow their business. (source)
- 55% of creators team up on projects with other content creators. (source)
- 36% of creators hire contractors to help in their business. (source)
- 34% of creators struggle with boundaries and burnout. (source)
Creator economy revenue
- 41% of content creators earn $50,000 or more a year (source)
- 55.3% of creator revenue comes from brand partnerships (source)
- 33% of creator revenue comes from follower contributions (source)
- 32.2% of creator revenue comes from platform payments (source)
- Of creators in business one to two years:
- 35% earn less than $1,000
- 36% earn $1,000 to $10,000
- 9% earn between $10,000 and $25,000
- 5% earn between $25,000 and $50,000
- Only 6% earn over $50,000 (source)
- Of creators in business three to four years:
- 22% earn less than $1,000
- 25% earn between $1,000 to $10,000
- 18% earn between $10,000 and $25,000
- 15% earn between $25,000 and $50,000
- 20.58% earn over $50,000 (source)
- 63% of surveyed social media users had tipped a creator at least once. Of those, 37% usually tip nothing, while 18% usually tip $10 to $20. (source)
- 58% of surveyed social media users are interested in paying a subscription fee in the next year to receive exclusive content from their favorite influencers, with 23% indicating they would pay $4 to $7 a month. (source)
Content entrepreneurs in the creator economy
- 99% of content entrepreneurs do not regret their decision to become a creator. (source)
- 51% of full-time content entrepreneurs earn enough revenue to support at least one person. (source)
- 17 months is the average time it takes a content entrepreneur to earn enough revenue to support one person. (source)
- 50% of full-time content entrepreneurs spend half their time on the business side, including promotion, marketing, sales, and administration/operations. (source)
- 61% of content entrepreneurs use newsletters to reach their audiences. (source)
- Most popular revenue streams for content entrepreneurs:
- Consulting and coaching (62%)
- Online courses/workshops (39%)
- Books (27%)
- Affiliate marketing/links (23%)
- Speaking fees (21%) (source)
- 94% of content entrepreneurs say a four-year degree is not required to become a successful creator. (source)
- One-third of content entrepreneurs say they struggle with burnout. (source)
Web3 stats
- 1 in 2 creators believes NFTs will be at least “somewhat relevant” to their business. (source)
- 1 in 6 creators uses NFTs as a revenue source. (source)
YouTube impact on creator businesses
Note: This research was published in 2020.
- 66% of creators with 50K+ subscribers say they can build a self-sustainable business on the platform. (source)
- 57% of creative entrepreneurs say YouTube brought them additional opportunities away from the platform. (source)
- 80% of creators agree YouTube helps them reach international audiences they wouldn’t have access to. (source)
- 73% of creators who average at least 35 hours per week on their channel agree the YouTube community encourages them to create “diverse and innovative” content. (source)
Resources
- Adobe’s Future of Creativity Study (2022)
- Deloitte’s The Creator Economy: What Makes Creators Tick (2022)
- Influencer Marketing Hub’s Creator Earnings: Benchmark Report 2022
- Influencer Marketing Hub’s Creator Economy Report (2021 – registration required to download)
- MBO Partners’ State of Independence 2021: Welcome to the Creator Economy (2021)
- Oxford Economics The State of the Creator Economy (2020)
- SignalFire’s Creator Economy Market Map (undated)
- The Tilt’s Content Entrepreneur Benchmark Research (2022)
Have a resource or stat to suggest? Let us know at Tilt@TheTilt.com.
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