If you’re an active social media user, then you’ve likely heard the buzz about how people can make money on social media sites such as Facebook and Instagram. But how do they do it? How can you start making money on social media, too? This comprehensive guide will show you How to Make Money on Social Media by using platforms such as YouTube, Instagram, and Twitter to turn your following into actual cash!
How to Make Money on Social Media
There is a lot of option to earn money on Social media. If you are interested to make money online just you need to find out the way where you have skills.
Here are some ways to make money from Social media. You should check out the ways which you prefer to do with passion.
Partner with Brands
To become a Partner with Brands, you first need to get your hands on some. Brands want to get as many followers and fans as possible because that shows that people are interested in their products.
Share links from a company’s website, retweet posts, participate in live chats, like photos or reply to tweets with comments – all of these can help companies grow their audience and become aware of what consumers really want.
You can even partner with them by sharing a coupon code so that people can get discounts if they like and follow you. This not only benefits you but also benefits your followers by giving them money saving deals. Brands also understand that in order for their products to be sold, they need to create brand loyalty and generate awareness through social media.
Become an affiliate
Becoming an affiliate with an online retailer, such as Amazon, allows you to generate a little extra income for yourself and promote products to your followers. Depending on the company, affiliate links can also come with commissions from sales.
An example is when linking out to Macy’s from within your blog post to share a sale that’s going on that week. For every person who clicks the link and makes a purchase, you’ll receive a commission of 10%.
You can also make a bit of money by becoming an affiliate for a brand or company. For example, if you’re already writing about fashion, starting a partnership with Gap might be beneficial. You’ll receive a commission off every sale that comes from your site via a unique link.
Become a Freelance worker
Working as a freelance worker is a way of keeping your options open and diversifying your income streams. Plus, it offers you the chance to work in different industries and explore a wide range of opportunities, so you can have an increased sense of fulfillment with what you do.
Freelancing online is a flexible way of earning extra money, but it’s important to keep a few things in mind. While you can set your own hours and schedule most tasks, you need to be good at self-management and discipline so that your work doesn’t slip through the cracks.
Also, don’t underestimate how much time it will take you to finish projects—setting deadlines and sticking to them is critical if you want a positive outcome.
Earn commission from sponsored Posts
You can earn commission from sponsored posts. Facebook will pay you to post content from a sponsor to your page’s followers. They’ll pay for the number of clicks or engagements a post receives. This is an easy way to make money on social media by earning commissions from sponsored posts.
You can make money posting sponsored content from third-party advertisers by writing reviews and creating YouTube videos. Sponsored posts, which will be marked as such, offer various rates depending on your following size and niche.
For example, as of April 2017, you can earn $0.25 per image or video view if you have more than 10K followers. If you have over 50K followers, that amount goes up to $5 per 1K views for photos or 30 views for video.
Sell your Own Products
Having a product that you can sell on social media is an excellent way to generate income. For example, you could create your own cookbook and set up a Facebook page where you offer it for sale. More than likely, your friends and family will buy the book because they know how good your cooking is!
Of course, you need to make sure that your product is one that people want and need. For example, you could create an online coupon book and offer it for sale on social media. People love saving money and are always looking for deals so if you have something they can use often, they’ll probably buy it from you. Also, be sure your product aligns with your brand in terms of branding and tone of voice.
Offer Premium Courses
Offering premium courses is one way of making money. They can be digital programs or physical books and the price point is often very high-sometimes up to $2,000.
Teaching webinars can also be a great way to make money with social media-here you’ll get paid for an hour teaching and taking questions over Skype. There are many other ways in which you can make money as well and all you need is some creativity and willingness to try new things!
If you want to build your personal brand, social media can be a great way of doing so. And if you’re active enough, you might even land yourself a sponsorship deal from one of your social media platforms.
This kind of money is typically earned through influencer marketing which entails posting pictures with an associated hashtag-if that product is then purchased by someone clicking through, you receive some kind of commission!
Start a blog
Writing a blog post can be a great way to engage with your audience and grow your social media following. It will take time and patience to build up your blog posts and establish yourself as an authority in your industry, but once you do, the opportunities are endless.
For every blog post you write, make sure to share it on all of your social media accounts – don’t forget to share a link back to the original blog post at the bottom of each post!
Make sure you create an author page or page on your website, with a bio and links to all of your social media accounts, as well as any other relevant information. When people search for you online, they will be able to find all of your work in one place.
Launch a sponsored Video series
Sponsored Video series are a great way to get paid and create content that is both interesting and informative. The process of creating a sponsored video series for social media can be broken down into the following four steps:
1) Planning Your Sponsored Video Series
2) Finding Relevant Brands
3) Bringing Sponsors on Board
4) Launching your videos