How to Make Money on Social Media
Did you know that 2.8 billion people were using social media in 2016?
If you use social media, you have a huge audience that you can utilize.
Social media is growing as platforms continue to gain more and more followers. The need for a social media strategy increases every day.
Table of Contents
- Let’s talk about how you can make money on social media to supplement your income.
- Make Money on Social Media
#1. Provide Authenticity
There are many ways you can make money on social media, but one of the best is by being authentic.
If you’re looking to gain followers or make your posts relevant, they must provide truth and honesty. Your personality should shine through in your posts. People want to look at content that is real, not content that is solely posted to make money.
Your audience will engage more if your content is compelling and shows who you truly are. You should give your opinions and ideas about things. People are more interested in people being “real” than having a ton of followers.
- Must See – How to Get Paid to Advertise on Social Media
#2. Provide Value
Another way you can make money on social media is by providing value to your audience. This often comes hand in hand with providing authenticity.
Give your audience news that is interesting, compelling, and up-to-date. If you’re sharing a story from two years ago, it’s not providing your followers any real value.
You can discuss relevant news, things that are near and dear to your heart, or something that’s true to yourself.
#3. Social Media Affiliate
Becoming a social media affiliate is another way to make money on social media.
Being an affiliate doesn’t require you to have a large number of followers. You get to promote a brand and that brand’s products on your accounts. Often you receive an affiliate link that provides a user discount when followers click and purchase.
In turn, you receive a commission off each purchase made with your specific link.
Being an affiliate of a brand that backs up your personality will help you make more sales. The more relevant the item is to your target audience, the better. You also may gain followers if you’re choosing exciting new products.
Be sure to inform your followers that you are an affiliate. If you’re promoting a product, make it known that you are an affiliate of that product. People don’t like being tricked into buying something and will appreciate your honesty.
#4. Sell Your Own Photos
Selling your own Instagram photos is also an option if you’re looking to make extra money.
Are you one of the 223 million people that have an iPhone? That’s all it takes to start making sellable photos.
The best part about Instagram is that it already has built-in filters and ways to tweak your pictures to truly make them look beautiful. There are other free apps you can use to help the appeal of your photos as well.
Posting your photos consistently will help build up your brand, gain followers, and raise awareness for your photography. The more photos you have, the better your portfolio.
Make sure to add a watermark so no one steals your photos.
#5. Influencer Marketing
You can make money on social media by using influencer marketing.
Influencer marketing is similar to affiliate marketing. This marketing tactic is to target influencers in a specific market and use them to promote a product.
Knowing influencers for a brand or product you love will help build your case for that product. Stick to the tips above, be authentic and provide value, and you’ll see success with this tactic.
#6. Social Media Manager
Are you good at social media? Do you find that all your social media platforms have a growing number of users?
Many companies and businesses don’t know how to run social media accounts, but they recognize the need for it. They may feel they’ll be left behind if they don’t have a profile. Most often, they simply don’t know where to start.
Offer your services to help them start their social media accounts. Or you could manage them on a month to month basis.
#7. Instagram Business
Did you know you can have a business account on Instagram? Facebook? Twitter?
If you love DIY or have a fantastic sense of style, you could create your own business page and start selling. For instance, Decks & Docks Lumber Company sells lumber with their business account.
Having a business account allows you to be able to sell whatever you want!
#8. YouTube Channel
Do you love making videos? You can make money on social media by posting interesting or funny videos.
The more subscribers and views you have, the more potential money you could make. You can also put ads on your videos and make money from ad revenue.
There are a variety of things you can post about on YouTube such as how-to, DIY, industry news, comedy, or beauty tips.
#9. Promoted Posts
You could make money on social media by promoting social posts.
If you have an item or product you are trying to sell, promoting a post will help get it in front of more people. It costs money to promote your listing, but the return could be great.
#10. Promote Your Music
Like starting a YouTube channel, you can upload your music to YouTube.
SoundCloud is also a famous platform where you can upload your music. You can set music to download free or you can charge to download it.
Make Money on Social Media
There are a lot of ways you can make money on social media. You just have to be creative and dedicated!
Your followers will increase if your social media marketing is taken to the next level. It’s a matter of trial and error to see which method works best for you.
To learn how to make money online in other ways, read this article now!