Popular Social Media Platforms You Can Make Money On

A huge number of people worldwide are active on social media but very few really get to make money on it. Many of these people merely use social media to socialize and make fun but without any thoughts whatsoever to make money. Aside from not having the right business ideas to do so, what each social media platform offers and how that can help in the process of making money is usually lost on many. Well, here is the good news. If you have the right business ideas and you are able to take advantage of what each social media platform offers, there is a lot of money to be made on social media. To make money on social media, you must first ensure you have many followers you can easily influence through your content. Next is to monetize your social media accounts in various platforms to make money. Here is how the numbers stack up to enhance that effort in some of the most popular platforms.

 
On Instagram, you need a minimum of 5,000 Instagram followers and some 300 plus sponsored posts a year to generate good income.

On Facebook, you need to have at least 10,000 followers and 30,000 +1 minute views.

On YouTube, you will need at least 1,000 subscribers and some 4,000 watch hours in a year to start earning.

On Twitter, you need at least 10,000 followers and 10,000 re-tweets to earn good income.

Now let’s look at what the individual platforms have to offer to help users make money. You can take good advantage of the in-house marketing tools of most of the under listed social media platforms to help you make money on the platforms.

Facebook: You can make money by promoting other brands, affiliate marketing, selling your products and posting sponsored content.

Twitter: You can make money by tweeting as a ghost writer, do affiliate marketing, sell your own products, or work as an influencer.

Pinterest: You can make money by promoting a brand, promoting affiliate products and selling your products.

LinkedIn: You can make money by placing ads for brands using affiliate links and selling your products and or services.

Instagram: You can make money by partnering with a brand, pushing affiliate links and getting revenue from ads played on their IGTV videos.

YouTube: You can use this platform to market your video content, do affiliate marketing, sponsored posts and collaborate with brands to market their products.