How to Make Your First $100 on LIKEtoKNOW.it as an Influencer - Affordable by Amanda | Florida Style Blogger (2024)

FAQs

How much do LTK influencers make? ›

The influencer typically gets paid roughly a 10 percent commission — just like an in-person personal shopper would — whenever a sale is made.

There is no real minimum of how many IG followers you need to be accepted. LTK looks for consistent content for about 4 months to review your application before getting approved. It is still on a case by case basis. Once you join LTK, there isn't a minimum follower count to have to be in good standing.

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.

Making Money on LTK

There are four ways of making money on the LTK platform; you can generate commissions from sold products, find brand collaborations, become a brand ambassador or a product co-creator: Commissions-Based Income: Brands offer a small commission to influencers with every successful sale.

Each party will be responsible for its own income taxes, employment taxes, and real property taxes. All payments made by Brand to LTK under this Agreement will be made free and clear of any deduction or withholding.

How often does RewardStyle/LTK pay out? 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.

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.

All LTK earnings are paid via PayPal, no matter where you're based in the world. Once you've logged in as a creator via Company.ShopLTK.com, head to the person icon in the top right corner.

Go to the OVER app and create a new PROJECT where the dimensions are: 1080×1350 (perfect for the LTK app!) Once you have enough screenshots for your collage, go to the OVER app where you can insert each image into your collage.

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).

What is the best time to post on LTK? ›

The select group of 300 influencers includes the app's highest earners, faces of the influencer industry, and movers and shakers within the influencer space. Invites typically go out 2-3 months beforehand in order to allow enough time for travel plans.

What is LIKEtoKNOW.it? LIKEtoKNOW.it (LTK) is a shopping discovery app that allows consumers to shop for the clothes, makeup, home decor, and other products shown in their favorite influencer's photos and videos.

That said, any costs associated with purchasing clothing and products are deductible. This includes: Fitness clothing for those workout videos. Lingerie counts as a tax deduction for models or 1099 OnlyFans content creators.

Influencers pay taxes just like everyone else. Being self-employed makes things different than working for a traditional 9-5 that issues a W2 each year. There are different tax codes, forms and deductions that apply.

Social media income is generally subject to self-employment tax and both federal and state income taxes. Influencers are typically required to file an annual return and pay estimated taxes every quarter. The IRS recommends that self-employed workers make quarterly payments if their tax liability is $1,000 or more.

If I don't use LTK, I won't earn a commission on purchases made by my followers. I always use an affiliate link when it's available. I can link Amazon items through LTK, as well!

71% of influencers with 1,000 to 10,000 followers only make up to $100 per sponsored post. Some make more than that, but the numbers don't really start to climb until you get to the 1 million follower-mark where the majority of influencers make over $1,000 per post.

Does LTK pay through PayPal? ›

Payment is only issued to your PayPal once you've hit $100 in commission sales. But don't worry – even if you haven't set up your payment method yet and you see you have $ in your commission account, it'll still be applied once you hit your first $100.

Filling out your collaborations profile on creator.shopltk.com. Our Brand Partnerships team uses this portal to pull creator recommendations for retailers to review. Take the time to fully complete your collaborations profile. Include a thorough description of who you are and what your differentiators are as a creator.

It's highly variable when you'll hear back from RewardStyle after applying. It took me about a week to get approved after I applied, but I know of people who had to wait a few weeks to hear back. If you haven't heard back from them regarding your application after a few weeks, you can follow up via email for an update.

How LikeToKnowIt Works. LIKEtoKNOW.it uses screenshot technology to essentially copy your photo into the LTK algorithm. Anytime you enable a photo inside the app and that photo is screenshotted by a user, it will show up in the users feed.

Although LiketoKnow.it is available to everyone to sign up for & shop from, it's not available for everyone to make commissions from. Only Influencers accepted to the RewardStyle affiliate program are allowed to use LTK as a monetization platform. RewardStyle is an invitation-only platform that's highly selective.

To use LTK as a shopper, you simply download and open the app and begin to follow your favorite accounts under the search section. You can also easily browse by popular hashtags like #LTKunder100 or #LTKfit or the general #liketkit hashtag. Just hit the heart icon to save items you love to shop later!

Join the 150,000+ top-tier creators growing their earnings via LTK technology, which supports an inclusive range of backgrounds and interests.

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.

How much do 100K influencers make? ›

For instance, less famous influencers with up to 10k followers may set their rates at $25-$50 per post, an established one with 30-80k followers may charge $150 or $350 a post, while a celebrity with over 100k followers can charge between $1,000 and $500,000 a post.

For example, if you're sharing an outfit post with a pair of distressed denim jeans on, you need to add relevant hashtags in the caption. Similar to Instagram, the LTK app works as a search engine. Including relevant hashtags will make your brand new content searchable.

People with followers in the range between 500,000 and 1 million followers on a social network are macro-influencers. Most influencers are micro-influencers with between 10,000 and 50,000 followers. In really specialist niches, you have nano-influencers with fewer than 1,000 followers.

There is no required minimum number of followers to get sponsored on Instagram. Having over 10,000 followers will get you started as Instagram offers more features to those accounts.

While ZipRecruiter is seeing annual salaries as high as $264,500 and as low as $11,500, the majority of Social Media Influencer salaries currently range between $30,000 (25th percentile) to $67,000 (75th percentile) with top earners (90th percentile) making $80,000 annually across the United States.

Number of Followers and Engagement Rate

In fact, according to Later's free Creator Rates Report, for a singular Instagram Reel, influencers can charge (as a baseline fee): Nano creators (0-10K followers): $100-$200. Micro creators (10K-100K followers): $200-$1K. Mid creators (100K-500K followers): $1.5K-$5K.