Why OnlyFans’ growth has increased in 2020

OnlyFans’ growth was’ OFF THE CHARS ‘in 2020, thanks to the global COVID pandemic – here’s everything you need to know about the NSFW social media platform

What is OnlyFans? It’s basically like Instagram, with an emphasis on NSFW content. It’s also behind a paywall, so to view an account on OnlyFans you have to pay a monthly fee to the channel owner.

Currently, OnlyFans has over 90 million registered users – most of them the NSFW gender. Launched in 2016 and founded by Tim Stokely, OnlyFans didn’t have much of an impact in its early years.

It wasn’t until MyFreeCams owner Leonid Radvinsky got involved that things started to develop. Radvinsky bought a 75% stake in OnlyFans and oversaw the development of a few key things, including additional guarantees designed to protect account holders.

Between 2016 and 2020, OnlyFans experienced respectable growth. But it remained a niche product, something only a few people – in the context of the web – knew about.

But then COVID happened and everything changed.

OnlyFans Growth – 2020 has changed everything

Since 2016, OnlyFans has paid around $ 2 billion to its content creators. In December 2019, he paid out $ 64 million. But after COVID took a hit on the global stage, OnlyFans has seen massive growth.

And in 2020, the company confirmed it paid more than $ 300 million in December.

That is to say an increase of more than 360% from year to year.

How to do Pandemic Proof Money

The COVID pandemic, which began in early 2020, has caused irreparable damage to the global economy. Millions of people, highly skilled and technical people, as well as less skilled workers, have lost their jobs. Businesses have failed. It was miserable.

In an effort to find new – and fast – ways to make money, interest in OnlyFans sparked in 2020. You can see the trend as it happened below – it was huge , helped in large part by OnlyFans being dropped in a Beyonce song.

Most of the time, however, OnlyFans’ growth – in the wake of the pandemic – came down to one thing and one: money – quick and easy access to money.

Now, most of the content creators on OnlyFans produce NSFW content. Everyone knows that, and that’s OnlyFans bread and butter, revenue-wise. But the company has many content creators who do NOT produce NSFW content.

It also has many celebrities on its platform; celebrities like Michael B Jordan, Cardi B, Bella Thorne, Tyga and Black Chyna to name a few.

NSFW content sells. Highligths.

Most of the time, however, ordinary people who use OnlyFans primarily produce NSFW content. And they’re expanding their channels by leveraging their existing followers on platforms like Instagram and Twitter, both of which are notoriously hard to monetize.

It’s OnlyFans’ secret sauce; if you already have subscribers, you can instantly monetize your account. All you need to do is promote a bit and you could be making over $ 1000 per month in no time.

Here’s an example: let’s say you have 10,000 Instagram followers and decide to create an OnlyFans account. If you managed to convert 10% of your followers, that would mean 1000 paid followers on your OnlyFans account.

And if you billed each of those 1,000 subscribers $ 4.99 per month to access your content, you would earn $ 4,999.99 per month. And that’s if you charged $ 4.99; if you increase your prices up to, say, $ 10 a month, you would be looking for $ 10,000 per month.

Not bad is not it ? This is why OnlyFans is so popular. If you don’t have a problem “getting to know yourself” in an NSFW context, you can and will make a lot of money. And best of all, you are in control of what you do.

No one can or will ever tell you what you can and cannot do, as long as it’s legal.

On average, however, most new accounts on OnlyFans can expect to earn between $ 500 and $ 2000 per month, although a lot of it depends on your followers and your commitment to growing your channel through off-page marketing and updating it with content.

An AMA with the creator of OnlyFans lucylyrica37 – that you can read in full here – provides some pretty definitive context on what life as a creator looks like on OnlyFans in the NSFW niche.

In the AMA, she explains why she started on the OnlyFans account (she lost her job due to COVID), how much she earns per month (around $ 3,000 to $ 6,000), how tips work on OnlyFans (spoiler: this is what makes the most money) and how she manages her life as an NSFW content creator.

If you would like to learn more about what goes into running a relatively successful OnlyFans account, I would definitely be read WADA in its entirety.

Myself, I think I’ll stick to running a tech blog …

About George McKenley

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