Taking advantage of affiliate link programs like Liketoknow.it (formerly RewardStyle + LTK) is one of the many ways to monetize your influence through blog posts and instagram. In fact, many bloggers point to this platform as their main source of affiliate link income. When you have an audience that trusts your opinion, you are sitting on a gold mine of affiliate sales through LTK! It gives you a lot of flexibility with how you bring in sales because you can use these links anywhere – blog posts, social posts, swipe ups, social bios, or even share directly with friends and family!
It is such a great resource because it gives me the ability to make commission from big brands like Etsy, Walmart, GAP, Amazon, and Target. Feel like shopping at any of those places I just mentioned? If you click one of those links and shop, I make a small commission at no extra cost to you. SO COOL right?? LiketoKnowit can be really confusing at first & definitely comes with a bit of a learning curve. But once you get the hang of it, it is actually pretty easy to use! I’m here to help you skip over that learning curve and get started posting today! So how can I make money on Liketoknow.it even if I’m a newbie blogger or influencer?
5 Steps to Make Money on LiketoKnow.it
STEP 1: GET ON THE PLATFORM
First and foremost, you have to be invited to join the platform. Get invited to the platform by reaching out to another creator. Look for the small Liketoknowit symbol in the corner of someone’s post & then simply reach out by DM or the email in their bio. According to Liketoknowit, “LTK Creators are defined by their quality of production, consistency of publishing, shoppability of content, and strength of shopper engagement.” Get accepted as a LiketoKnowit influencer. This can take up to two weeks or more. If you can’t find anyone, just email me and I’m happy to nominate you: lovedbykait@gmail.com Keep in mind, if you have already applied to be a liketoknow.it creator, my nomination won’t do anything extra for you. My nomination only helps you if you have not applied yet!
Also note that it can sometimes take a few times applying to actually get accepted, so if you get denied don’t worry about it. Go create some more high quality content and then come back and apply again. It is recommended that you have 3+ months worth of quality content that is actually linkable before applying. This makes your chances of getting accepted even higher. Sometimes it can seem annoying that they’re so particular with who they accept, but it’s actually reat for you as a creator because it means that the market is less saturated.
STEP 2: SAY HELLO ON THE LIKETOKNOW.IT APP
Download the LiketoKnowit app from the app store. Create your account or login, and then set up your profile. Use an eye-catching, product-focused profile picture and header image to draw viewers in. In your bio, make sure to list information that’s relevant to your audience: what types of products you share, your style/aesthetic, or even what sizes you typically wear. This bio is not like your Instagram bio – use this space to your advantage and give shoppers a reason to follow you!
In order to get more people to follow you, you’ll want to work on your engagement and level of trust with your followers on all other platforms. A large following on the actual LTK app is not necessary to make a good income, though. It does make it easier for those who follow in the app, but that doesn’t mean that your loyal audience can’t shop without following you in-app. Does that make sense?
Download a story that originally had a swipe up & display a side by side with an image of the product
Do a mix of everything!
Not only will following other influencers provide great inspiration: you’ll need to start building your follower base on Liketoknowit, and these people might follow you back.
STEP 4: YOUR FIRST LIKETOKNOWIT POST
Before posting, you’ll need to make sure you can tag your items for purchase! Link Ninja™ is an amazing tool inside the Liketoknowit app where you can link products directly or share affiliate links for blog posts and social media. Click here for a full tutorial on Link Ninja™. Add products to your favorites & you’re ready to post. Go to the Liketoknowit app, upload your photo, tag your products, and voila! Your first LTK post is up.
Now, we need to capitalize on this post & put this content everywhere. Let’s be re-purposing queens and work smarter, not harder by using this content in every way that we can. That means getting posts up on all social platforms & using each platform to its full advantage. For example, for Instagram, you want to post in feed & on stories or maybe post esach individual product on stories instead of just the singular post. There are many ways to do it and I’ll talk more about that in my upcoming LTK Workflow post.
STEP 5: GROW GROW GROW!
For optimal success, you want to be posting at least 3x a day, usually more. Keywords are important so people can find you! This platform is SEO heavy. Also, keep track of your stats. The heart icon under a photo means someone saved your post in the app, the envelope icon means someone got an email reminder that they saved your item, and the purse icon means someone bought an item. Your followers will get push notifications when you’re active on the app, so follower number is important! Increase your follower number as quickly as possible to take advantage of these push notifications – let the app do the work for you
Now you’re ready to make your first dollar in affiliate sales! Remember, affiliate sales is a slow burn & doesn’t become successful overnight, but with consistency, this could become a large part of your income on social media.
So How Does It Work?
What is an affiliate link?
An affiliate link so a link to a product that you love that has a tracking code in it. When you share that link with your audience, your code is embedded linking that product to you. When your follower or friend or family member clicks on on that link and purchases the product, you make a small commission at no extra cost to them. Affiliate links aren’t only used by influencers though. Basically every single time you search for something and an article comes up, that article will have embedded affiliate links inside allowing the writer of the article to make money on that post.
What if they don’t buy?
If your follower clicks your link, but they don’t buy, there is a certain cookie window for most affiliate websites. A cookie window means that if someone comes back and wants to buy that item, but the go directly to the website to purchase instead of through your link, you will still make the commission from it. Some websites have no cookie window and some have a cookie window as long as 180 days. That means that if someone clicks on your link and then 179 days later comes back and wants to buy it, but they go directly to the website, you still make that commission. Liketoknowit does not have a long affiliate window, so it is to your benefit with affiliate sales to connect with certain brands directly.
Then why do people like Liketoknow.it?
People choose to use liketoknowit because it keeps their affiliate sales in one place. They also have one of the largest list of retailers available to link. It is also very easy to use and they pay out at every $100 in sales. LTK is also it’s own app, which is like a totally shoppable feed. Imagine everything you see on Instagram being available for purchase. That’s what LTK is. Go download the app and check it out from a shopper’s perspective to learn exacctly what you should be posting!
What if they don’t buy the exact item?
Great question! If you share a link for shoes on amazon, but they find a shirt they like, you can still make the commission. They just have to use your link to get them to the page in the first place and they have to place their order within a certain window of time. Each individual retailer has different windows in which the purchase has to be made. For amazon, it used to be 5 minutes. For other retailers, it is longer. So for example if someone clicks your link and then shops around, fills their cart, then goes to eat lunch and comes back to check out, you do not get the credit for that.
Does it cost them extra to shop through my liketoknow.it link?
No. The retailer has a partnership with liketoknow.it in order to increase sales on their website. So the retailer actually agrees on a commission percentage with liketoknow.it and then liketoknow.it acts as the middle man and pays you. Sometimes, LTK actually has special sales and promos within the app, so it’s to your benefit to get them to download and follow you in the actual LTK app.
My Favorite Features
My favorite feature on Liketoknow.it is the Shop the Post feature. This is a code that you can embed into a blog post or website that looks chic and sleek and it gives them a direct link to your favorite items. I have given an example below of my favorites:
Where to go next!
Set Your LTK Up for Success in 4 Steps
How to Gain Massive Following by Knowing Your Target Audience
How to Grow on LTK
Once you’ve started strong on Liketoknow.it, learn how you can promote your affiliate links through a compelling tiktok video on this post!
Ready to turn social media into a side hustle or full time job? Learn other ways to make money as an influencer besides sponsored posts or using liketoknow.it!
LTK Creators earn money in two primary ways: Commissions from sold products: Brands compensate a creator when their followers use their links to purchase their recommended, vetted products—this is where LTK comes into play!
A common commission rate you'll see a lot of is 10% commission. This means, if you sell a $100 product, you will make a $10 commission. Link Ninja: Link Ninja is an LTK browser extension that enables you to generate affiliate links instantly on supported brand websites.
Earning commission on your shoppable posts is how you'll earn money on the LTK app. When someone clicks a product from your shopping enabled image, they'll be taken to the retailer's website. From there, if the shopper buys something immediately you as the influencer will generate an affiliate commission.
RewardStyle/LTK pays its closed commissions owed to creators every 2 weeks on Fridays year-round. RewardStyle uses PayPal to pay out influencers. You must have a minimum of $25 due to receive a payout that payment period.
You need to establish a bit of a track record beforehand. I've seen bloggers with less than 1,000 IG followers on Like To Know It, so it's definitely not about the number of followers you have per se. But I do get a lot of questions regarding when it's a good time to apply, how to boost your chances, etc.
Brands post campaigns you can participate in. Post a picture with the specified hashtags on Instagram and get paid. You need at least 700 engaged followers to be eligible.
Some Instagram monetization features like "Badges," Instagram's tipping tool for IG Live, require that creators have at least 10,000 followers. Many of these programs also are limited to certain countries, have an age minimum of 18, and require accounts to be registered as business or creator accounts on the app.
LTK Creator Approval is based upon the following: A public social media profile. An engaged social media following in at least one platform. High-quality, shoppable content posted regularly.
Do you need to pay taxes on RewardStyle income? Yes! PayPal will send you a 1099-NEC form at the beginning of the following tax year, which you can use to determine how much tax you owe on your LTK income. It's a good idea to work with a licensed CPA to assist in paying blogger taxes on your RewardStyle income.
You can expect to generally make 5-30% commission in affiliate marketing contracts. Often, bigger influencers are at the 8-12% range. Have you seen influencers who promote a discount on a product or service with a personalized code or URL? Those people are likely affiliate marketers.
According to LIKEtoKNOW.it, the best times to post are between 12-2pm and 5-8pm CST. And the BEST day for shopping according to LTK is on Sunday, so don't skip posting on the weekend!
For influencers, the LIKEtoknow.it app is a way for them to showcase and directly link to what they're sharing with their audience. It also allows them to earn a small commission when a user purchases the item through their links.
LIKEtoKNOW.it is a monetization solution for digital Influencers. To be able to collaborate with LTK brands and use LIKEtoKNOW.it on your own Instagram photos, you must be an approved creator. LTK considers applications with a history of content with the following attributes: Engaged and Growing Audience.
Like any other platform, you'll want to post consistently on your LTK profile. I recommend posting at least three times per day, and space them out a bit if you can. Create a content calendar to guide your graphic creation and photoshoots. Another tip to keep your feed consistent is to schedule your posts in advance.
Use the “Search” tab to follow a variety of influencers to get your app feed started. Try to follow a few fashion influencers, beauty/makeup influencers, some home decor influencers, and a few influencers from other lifestyle categories.
They don't have a set number of followers, views or likes that you need in order to be accepted. However, what they do require is quality content and a legit Instagram account that is grown organically (aka with real followers).
If you exceed this limit and attempt to follow more than 7,500 people, you'll see an error message, regardless of how many followers you have. What's more, Instagram has follow limits for each 24-hour period too – Instagram only lets you follow 200 people per day.
You must have a minimum of 10,000 followers. Your videos must have 100,000 video views in the past 30 days. Your account must adhere to the TikTok Community Guidelines and terms of service.
Instagram accounts with 1,000 followers make $1,420/month on average and up to $100 per sponsored post. However, Instagram does not pay influencers directly, so you can begin making money whenever you land your first sponsorship deal or join an affiliate program, even if you don't have 1,000 followers yet.
Tik tokers earn around 2 to 4 cents per 1,000 views. This translates to an earning between $20 to $40 once your video has gained 1 million views. A viral video with 10 million views costs around $200 to $400 from the creator's fund. Every TikToker earns uniquely, and their earnings depend on various factors.
How much money does 1 million Instagram followers make? An influencer with 1 million Instagram followers will make $10,000 per post. If you are an influencer with more than 1 million followers, you can charge anywhere from $10,000 to $100,000 per post or campaign.
Micro-influencers (accounts with one thousand to ten thousand followers earn on average $1,420 per month, and mega-influencers (accounts with over one million followers) earn about $15,356 per month.
With just 1,000 or so followers, you can make money on Instagram. Neil Patel, a widely known digital marketing specialist, says engagement is key — followers who like, share and comment on your posts.
As a small social media influencer business, you don't necessarily need an LLC, but it can provide you with a number of benefits that make it worth it. The best part: forming an LLC is easy and cost-effective. In fact, you can file your LLC for free but will have to pay your state filing fee.
Content creator and influencer write-offs can include electronics, office furniture, advertising, supplies, domain and hosting fees, and insurance. If an item, such as a computer or mobile phone, does double duty for business and personal use, you can only deduct the portion of the expense related to the business use.
Since you're an independent contractor rather than an employee, you should receive a 1099-NEC reporting income earned from that brand if what you received was valued at $600 or more. You can then include that amount when you report your income on your taxes.
Beginner affiliates can expect to earn up to $1,000 per month. Here are some statistics on affiliate earnings from around the world in 2021. As you can see, affiliate earnings ranged from less than $10,000 to more than $150,000.
eBay offers one of the highest paying affiliate programs on the internet. The eBay Partner Network is where you can sign up to become an eBay affiliate. Commissions are in the 50% to 70% range.
How often you post can also affect how your content is distributed on the platform (TikTok recommends posting 1-4 times per day). To find a posting schedule that will please both the TikTok algorithm and your fans, keep a close eye on your performance until you find a frequency that works.
One of the most prevalent issues that have arisen with influencers is the trend of follower fraud. Data collected by Statista concluded that in 2021, approximately 49% of Instagram influencers participated in follower fraud.
It's completely free for both the content creator and the shopper to use as well as a great way to help support your favorite creators! Today I'm diving all into what exactly is liketoknow.it and how you can shop for my posts!
Influencers who share product images and links can then be compensated by the retailer with a small commission percentage of the price of items purchased by the app user, complete with shoppable, trackable links so that the influencer gets paid out.
Brands post campaigns you can participate in. Post a picture with the specified hashtags on Instagram and get paid. You need at least 700 engaged followers to be eligible.
LTK Creator Approval is based upon the following: A public social media profile. An engaged social media following in at least one platform. High-quality, shoppable content posted regularly.
Do you get paid for 1,000 followers on Instagram? Instagram accounts with 1,000 followers make $1,420/month on average and up to $100 per sponsored post.
Introduction: My name is Twana Towne Ret, I am a famous, talented, joyous, perfect, powerful, inquisitive, lovely person who loves writing and wants to share my knowledge and understanding with you.
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