It has been almost 3 decades now since the advent of disruptive technology called the Internet. With it has come so many opportunities for the people that embrace it. On the other hand, it has closed doors for those that reject/resist it at an equal measure. Some more disappointing news is that we are preparing our children for jobs that will no longer exist. A great place to start acquiring the relevant skills is to learn how to make money on social media.
Make Money on Social Media
You probably spend a considerable amount of your time on social media each day. Maybe viewing videos on YouTube, posting selfies on Instagram, or checking in with friends on Twitter and Facebook.
I bet by now, you know your way around most of the social networks. You might as well have amassed quite a following while at it. Why not start cashing in on the great content and pictures you post every day.
Depending on how you play your cards, it is possible to make money with social media regardless of whether you have 1000 followers or 100,000 followers.
Related: How To Exploit The Power of Broke to Succeed in Business
Also read: 5 Sure-Fire Ways To Become Young And Rich
1. Become an Influencer
Being an influencer means building a reputation online by sharing great content that captures attention. You need to become a trendsetter, tastemaker, or a trusted expert whose opinions on a particular subject is respected.
Once you have established such a reputation, many brands will be willing to partner with you. All you need to do is to publish their content on your timeline for a fee.
Experts estimate that influencers with about 100,000 followers can make $1,000 per post. However, other numerous factors determine how much an influencer earns.
2. Become an Affiliate Marketer
Affiliate marketing entails going beyond generating awareness, but also making sales for the partner brand for a commission. All you need to do is to share a trackable link on your blog or social media accounts.
The clicks or the sales made through your link will translate into commissions for you. A great place to start would be signing up with ClickBank and Amazon Associate.
3. Earn from Your Selfies
Another great way to make money on social media is to sell your photos. Instagram is the best way to achieve this because its primary purpose is sharing pictures.
Whether you are a professional or an armature photographer, you can sell your photos directly on Instagram or other sites. Such websites include Community Foap and Twenty20.
4. Learn how to make money on YouTube
All you need to do is to start a YouTube channel to earn via Adsense (ads displayed on your videos). However, your videos need to attract at least 10,000 public views, to be eligible for the YouTube Partner Program.
5. Sell your products
Now that you have a sizeable loyal following, you are in an excellent position to sell your products. These could be digital items and physical products and services as well. This way, you not only get good revenue but there is also the potential to grow into a fully-fledged brand.
There are numerous other ways you can make money on social media. However, before you can start making coin, you first need to grow a large and engaged audience. If you ask around, this is usually not a cakewalk. Just like any other business, you will need to invest your time, money, and a generous serving of creativity.