Published 18:18 IST, January 19th 2021
How to make money on Snapchat spotlight: A detailed overview
How to make money on Snapchat spotlight: Here's a detailed overview on how to make money on Snapchat spotlight, what is Snapchat spotlight and more
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Want to earn through Snapchat spotlight? Looking for some possible ways to get Snapchat spotlight payment? n you have to keep reading. In this post, we are going to look at how to make money on Snapchat spotlight, what is Snapchat spotlight and more.
Also read: India Surpasses US To Become Snapchat's Top Market For New Users With 32% Downloads In Oct.
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As you all kw, Snapchat is one of rising social media platforms, and it has over 40 million users all around world. Ever since its launch in 2011, Snapchat introduced so many quality features and one among m is Snapchat spotlight. This allows its users to directly make money from platform.
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You’ll see a dedicated tab called Snapchat spotlight in app itself. As a user, you have opportunity to submit your best video Snaps to earn a share of 1 million dollars. Snapchat said in a public statement that it’ll be paying a share of this amount on a daily basis for best performing video Snaps.
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This new feature allows its users to produce creative videos of up to 60 seconds long. All Snapchat users can utilize spotlight irrespective of ir follower count or popularity. Although Snapchat spotlight is enticing, it is only available in certain countries namely US, Canada, UK, Ireland, Germany, Australia, France, rway, Sweden, New Zealand, and Denmark.
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How to make money on snapchat spotlight?
As we’ve mentioned earlier, you don’t need to have eir a large following or even a public profile to make money from Snapchat spotlight. n you may think about how it is determined that a particular video Snap is performing better than all ors? Well, here’s your answer. An algorithm figures out which Snaps to show to its users based on how often ors view a particular video clip.
For instance, if same video Snap is viewed repeatedly, that’s a clear signal that it's catching on and will trigger algorithm to distribute it to a wider audience. This new feature allows Snapchat to directly compete with all or video sharing platforms that are already offering compensation for video creators. But becoming popular or earning through Snapchat spotlight is lot challenging comparing to or platforms.
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re is like or follow metric in Snapchat, which is essential for influencers to show to a potential brand for mutual collaborations. Even though it looks good from an outsider’s perspective, you need to look carefully into Snapchat spotlight before jumping in. If re is metric to determine actual popularity, barrier to entry is going to be pretty simple, which invariably increases competition. On top of that, when an algorithm determines what video Snap is popular based on repeated watching, people will do whatever and however y can to make things happen.
We hope that we’ve given you a clear overview of how to make money in Snapchat spotlight. Although this new venture looks exciting, do your due diligence before getting started. This is first time Snapchat has introduced such a feature. Wher someone makes money on Snapchat spotlight or t, platform will get a massive spike in popularity for sure.
18:18 IST, January 19th 2021