The creator economy has taken important steps lately, each when it comes to dimension and viability, with every year seeing increasingly creators leaping into the sphere.

This important momentum has resulted in an estimated 50 million individuals at the moment collaborating within the multibillion-dollar creator financial system market, according to a report from SignalFire.

But, a overwhelming majority of these creators are solely doing so part-time, and of the minority of creators who do make content material full-time, a lot of them are unable to leverage this into an earnings stream that would substitute their present full-time job.

Of the 2 million creators who make content material on a full-time/skilled foundation, solely 12% earn greater than $50,000 according to research from Linktree.

This has left many questioning what’s holding again these 48 million beginner content creators from making an attempt to transition this right into a full-time profession, and of the two million who already achieve this professionally, what are the most important hurdles holding creators again from monetizing their model right into a livable earnings?

Let’s check out the three greatest challenges creators face when seeking to monetize their model – extra particularly via the gross sales of merchandise, on this case – and the way they will shortcut a few of these hurdles with the know-how out there out there right now.

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