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On The Table Read, “the best creativity magazine in the UK“, to make the most out of your side hustle, Reboot SEO Firm worked out how many views you need so TikTok and YouTube can pay your mortgage.
How To Make Money On YouTube
More and more people are turning to side hustles as a result of the unprecedented rate of inflation in household expenses. Utilizing social media, such as YouTube or TikTok, to produce content with the intention of earning money through Adsense or the TikTok Creator Fund, is one of the most common side hustles.
Indeed, data from the search engine analysis platform Ahrefs reveals that global Google searches for “how to make money on YouTube” average 44,000 results per month, while a similar TikTok search yields 35,000 results per month worldwide.
Reboot SEO Firm used the Lickd social media calculator to figure out how many views on YouTube and TikTok Brits need to buy a house because they wanted to turn a side business into a full-time job.
How Many Views Would I Need To Get On Youtube Or Tiktok To Buy A House In The UK?
One of the fundamental aspirations of millions of people in the UK is to own a home, but as the economy gets worse, this becomes increasingly difficult. However, if done correctly, social media influencers across the UK can afford to buy the average home in the United Kingdom. The complete results are as follows:
As A Creator Of Content For Social Media, Which Areas Are The Most Difficult To Buy A House In?
London, the UK’s capital, has the highest average cost to buy a home. An influencer would need to get 176,039,474 views on YouTube to earn £529,829 before taxes, which is the same as the cost of a typical London home. To afford the typical London home, you would need a staggering 1,988,770,276 views if TikTok were your preferred social media platform. 25 percent of the world’s population, or nearly 2 billion views.
Do you reside outside of the capital? For a £382,791 residence, 126,851,974 YouTube views or 1,433,084,463 TikTok views are required. Therefore, if you intend to quit your day job and move to the South of England, you must become the next social media sensation with a large number of views.
Which Area Is Ideal For Social Media Stars To Purchase A Home?
The UK’s thriving North East also offers the lowest cost of a home in all of England, at an average of £155,215, so wannabe influencers in the North of England can rejoice. This indicates that a home in the North East can be purchased with a view count on TikTok of 584,932,434 rather than 51,776,316 on YouTube.
Make Money Without Views
Keep in mind that content creators can earn money in more ways than just from views; social media stars can also earn money from viewers in a variety of other ways. One of the most popular ways for content creators to make money simply by displaying or advertising a product in their videos is through paid product placements, sponsorships, and endorsements.
Alternately, affiliate marketing is a great way to make money every time someone buys a product through a link provided by the company. You might be able to buy a house much sooner if you take advantage of these opportunities and establish yourself as a full-time influencer!
The Best Advice For Social Media Stars From Reboot Online Marketing:
1) Are you aware of the “why”?
Asking yourself why you want to become a YouTuber is crucial. It is not sufficient justification to attempt to become wealthy from it. Your ideal goal is to set up a channel where you can share your thoughts, interests, and knowledge about a subject you are passionate about. Because you are more likely to upload frequently if it is something that you have a genuine interest in, doing so gives your channel a clear focus and ensures consistency.
2) Stay Ahead of the Curve
Once you have determined the kind of content in which you want to specialize, it is your responsibility to keep up with the latest developments. Provide your “expert” perspective on the most recent developments or trends in your field. In a similar vein, you should produce entertaining and enticing content in which you can incorporate features such as infographics, question-and-answer formats, and collaborations with other YouTubers or TikTokers into your videos in order to increase the depth of your views, opinions, and predictions.
3) Show Appreciation
Developing a following on YouTube or TikTok will undoubtedly take time; however, if you upload frequently and strive to improve each video, you are on the right track. Engage with any early followers you do acquire in the comments section and express gratitude for their support. Don’t be afraid to ask them what kind of videos or content they would like you to do more of — try to cater to their wants and needs — and use any of their constructive criticism as feedback to improve your channel.
The Research
Reboot SEO Firm used data from lickd.co to figure out how many YouTube and TikTok views people would need to earn the same as the net average yearly salary in their country if they used social media as their full-time job. The company was interested in content platforms. Reboot SEO Firm did this by using data from forty European nations that are eligible for YouTube’s Partner Program and five European nations that are eligible for TikTok’s creator fund.
It is necessary to establish that a minimum of 1,000 genuine subscribers and over 4,000 valid watch hours from the public in the previous 12 months are required to be eligible for “YouTube’s Partner Programme,” the program that enables an individual to make ad revenue from their YouTube videos. This should be done before considering the required number of views on YouTube.
You must be a citizen of the United Kingdom, the United States, Germany, France, Spain, or Italy in order to be eligible for the “TikTok creator fund,” have at least 10,000 followers, and have received at least 100,000 video views in the preceding thirty days.
Methodology
Reboot SEO Firm wanted to identify how many views on YouTube and TikTok Brits would need to afford a house in different UK house locations.
To do this, the average yearly salary for the UK was taken from this source. The data, presented originally in month format, was multiplied by twelve to give the average yearly income.
Once all country earning data had been scraped, Reboot SEO Firm consulted media platform lickd.co, utilising their social media tool to calculate the quantity of views.
For housing cost data in the UK, Reboot utilised this government source indicating average cost of homes in the English regions. Reboot then calculated the quantity of YouTube and TikTok views required to purchase a home, using the same financial statistics used to calculate views required per year’s salary.
After compiling all data, Reboot SEO Firm then consulted online analytics tool Ahrefs for further evidence of people wanting to become the next social media star. Phrases such as “how to make money on YouTube” and “how to earn money on TikTok” were used (both phrases may have small alterations for results purposes).
All data was collected on 31/08/2022 and is correct as of then.
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