Top 12 Ways to Make Money on Social Media

Yeah, billions of people worldwide are active on social media but not many people really get to make money on social media. Even though millions of people merely use social media to socialize and make fun, if you have the right business ideas, there is a lot of money to be made on social media. Out there on social media, many people are making money even without having to directly sell any product/service. That is possible because social media users who have a large following can use their profiles to get paid by brands, sell their knowledge, offer consultations, and much more. Below are some tested, tried and proven ways you too can use to make money on social media if you wish.

1. Promote Your Own Products/Services

If you are a small business owner, you can promote your own products/services to make money on social media. With social media accounts you can easily interact with others by sharing and creating content through communities. Promoting your own products/services through social media platforms is cost-effective. At little or no costs at all, you can effectively promote and drive traffic to your online store, get leads and make sales to augment your sales volume. Social media is quite an ideal place for small business owners to effectively promote their brand and business. Therein, it is easy to tell customers about your products and services; find out what they think of your business; attract new customers, and build stronger relationships with existing customers.

2. Promote Affiliate Products

You can join credible and reputable affiliate networks, promote affiliate products and earn commissions for your efforts. By joining these networks you can expand your reach to potential customers and make money through affiliate marketing in an easy and straightforward manner. Thus, you can earn money by just adding tracked affiliate links into the text of your social media content. Any sale made by way of a click-through in any of these links entitles you to a commission from such sale.

3. Sell Digital Products

You can create and sell digital products through your social media channels. Quite unlike business websites, social media platforms have in-house capabilities to help you sell digital products real time. On social media, it is easy to reproduce and recreate digital products that can be easily shared very widely and save costs associated with inventory, warehousing and shipping. Some of such digital products marketers like to share on social media, are eBooks, software, templates, photography, music and how-to lessons. These are typical e-products you can create and sell in an unlimited number of times and numbers with little additional efforts to make money.

4. Collaborate with Brands

In digital marketing, it now appears more and more consumers trust influencers more than paid advertisements. They tend to obtain better social proof from these influencers to help them make buy decisions. For this reason, if you are a blogger and your blog has huge following, you can directly influence this audience to look towards a product/service. Characteristically, from posting product reviews, hosting video tutorials, bloggers have the power to influence large segments of consumers in favour of a product/service. So, if you blog in a unique niche related to a brand and your blog has huge following, you can collaborate with the brands in that niche to market their products to your audience. Brands will benefit from these efforts by getting more customers and you will benefit by earning more commissions and endorsement fees from such brands.

5. Sell Your Music

If you have a good musical talent and you are creative you can make money on social media. If for instance you are able to create very good music which appeals to people, you can sell the music through SoundCloud. If you sign up on the platform’s SoundCloud Pro or Pro Unlimited subscriptions, it is possible for you to sell the original music and make money. Through this platform, you can get unlimited upload time; get paid for your plays, access to advanced audience insights, and much more.

6. Get Paid for Sponsored Posts

Many brands are always looking for social proof to market their goods and services. Bloggers and influencers always come in handy to help provide this social proof. As a small business owner, you can earn money by helping these brands to produce sponsored content. This you can do by way of product reviews, promotions and backlinks to a sponsor’s website. However, if you are blogger, it is an ethical requirement to let your audience know that you are offering them paid content. The amount of money you earn from sponsored posts depends on several factors, some of which include your reach, your niche, and whether or not your posts include images, graphics, videos, and audio.

7. Become an Influencer

In digital marketing terminology, an influencer is a person who has the skillset to influence people’s purchasing decisions through his or her authority, knowledge, or relationship with his or her audience. Social media influencers are people who have built a reputation for their knowledge and expertise on a specific topic and offer regular posts on that topic on social media and in the process build a huge following. If you become an influencer, many brands will readily pay you to help them create trends and encourage your followers to buy their products.

8. Do Coaching Services

Yeah you can earn money online by selling coaching services. If you have a unique set of skills or are passionate about something, you can choose to offer coaching services on that unique skill/knowledge. Many people are out there looking for self-development or learning new skills in singing, dancing, playing a musical instrument, learning a foreign language etc. etc. The demand can be really huge. You can make money by latching on to this demand if you have the knowledge and skills in a specific niche that is of value to other people. You are at liberty to set your fees and rates and you earn accordingly.

9. Earn with YouTube Partner Program, YPP

Many social media users don’t really see YouTube as a social media platform but it is. If you are a good blogger, you can unlock YouTube channel’s earning potential and make money. For instance, if you join YouTube Partner Program (YPP) you not only get a strong platform but also access very valuable YouTube’s in-house resources and features. These resources and features allow you to get access to ads being served on your content and you earn money as a publisher. However, to get worthwhile benefits from this, you will need to get lots of views and clicks on your YouTube content.

10. Sell Rights to Photographs/Images

If you are a good photographer, you can sell Rights to the Images on your social media accounts. If you have some great creations in terms of pictures or digital artwork that people are interested in purchasing then you can use your social media account to connect with the people and sell to them. You earn money from this effort as well.

11. Run a Facebook Group

Facebook has many valuable in-house tools that help marketers to make money. In addition, the platform offers marketers a huge reach complements to its over 2 billion active users worldwide. If you can create a Facebook Group to tally with your niche/interest, it can really be an inexpensive but hugely effective way to reach your target audience. With it, you can easily build a great community around common interests/goals with hundreds of thousands of like-minded people. Now that’s one huge audience out there that can help drive good traffic to your website/blog.

12. Join Influencer Networks

Sponsored posts remain one great way bloggers can earn an income on social media. It takes a great influencer blogger to earn good money from their blogs. Many brands are always looking for influencers to market their products to their followers in a genuine and authentic way. If however you are a blogger who does not command much influence yet, you can latch on to influencer networks which are third-party agencies that are designed to do the hard work for you. So, Influencer networks can be a great way to start in sponsored posts and paid social sharing opportunities that less influential bloggers can take good advantage of to make money. These networks will help connect you to brands and act as middle men. That way, you don’t have to be in direct contact with brands yourself. If you sign up with influencer networks like CreatorIQ, Upfluence and AspireIQ, they’ll provide you the valuable intro and give you the much needed sponsored post experience that you can include in your blogger resume. However, only brands who sign up to work with a particular network have access to analytics regarding campaigns run within that single network of influencers. By way of some restrictions, some networks may require you to only work with them exclusively. You can make your choices depending on what you want. The bottom line is how you can make money from sponsored posts.

How Affiliate Marketing Platforms Help Bloggers

Successful bloggers rely hugely on partnerships and collaborations to make money online. The most prominent of these partnerships are affiliate marketing and e-commerce platforms. In the ever-changing landscape of digital marketing where bloggers ply their trade, everyone of them is always looking out for what works best for them in their content marketing efforts. It may be fairly difficult at times to determine what truly works, but, what is not in doubt is that affiliate marketing networks do offer enhanced and mutually beneficial support to bloggers. By collaborating with such marketing platforms, it is easy for bloggers to browse through a host of affiliate programs and campaigns before selecting the ones that are best suited to their needs and preferences. These choice options are always many and varied depending on what bloggers want to achieve.


 
Traditionally, affiliate marketing has been one of the most popular ways for bloggers to monetize their online traffic. These days, many bloggers are beginning to understand the value addition that partnering with affiliate networks can drive for them. This is the real reason why a growing number of bloggers/publishers are consciously linking up with affiliate marketing platforms. Doing so allows them to maximize their earning potential with minimal efforts. As more bloggers actively partner with affiliate platforms to seamlessly access new business opportunities, it engenders and enhances significantly the growth of the blogging industry and the affiliate marketing industry. A win-win situation for both parties!

As a way of helping more bloggers, some affiliate networks deliberately create innovative online solutions to make content marketing easier. Such very significant innovative solution is a type of Google chrome extension named Admitad Lite. This innovative tool can be leveraged to access several advertiser programs across the globe through a consolidated platform. Thus, by using a single account, bloggers/publishers can on one spot access multiple advertiser programs around the world. That spares them the hassles of having to register and deal with multiple affiliate networks. That arrangement helps to save bloggers valuable time, efforts and resources. When bloggers install the extension and register with the platform, they get easy access to a host of advertiser campaigns. They get this access even from advertisers that they are not associated with. That no doubt helps to open up a world of new opportunities for bloggers, who can now simply explore programs, request to be a part of them and create instant deep links to start earning post-approval. Just like that!

Several businesses/brands now leverage affiliate marketing to create referral programs and reward bloggers/content creators that drive the maximum value for their businesses/brands. This no doubt serves as a very valuable revenue stream for bloggers/publishers. In addition, affiliate platforms deliberately offer bloggers/publishers the opportunity to choose their working models, payouts, traffic type and geography in a more detailed and accurate manner while associating with a brand as affiliates. Associating and working closely with partner businesses/brands can, thus, lead to a very valuable relationship-building which enhances continued earnings for the blogger/publisher.

Online activities like traffic authenticity, user targeting and attribution which ordinarily should worry bloggers can be taken care of by the affiliate networks. That hugely helps bloggers/publishers to free up time and resources to focus more on creating and optimizing their content with the help of the extensive customer insights which affiliate networks provide for them. Through affiliate marketing platforms, bloggers/publishers can also accurately gauge campaign performance and returns-on-investment real-time. That is the vital information they really need to refocus and grow their content marketing business for enhanced income and returns.

How to Use Affiliate Marketing to Drive Blogging Success

It now appears that no marketer blogs just for the fun of it, least of all affiliate marketers. Most people are in it for the volume of business it drives and ultimately for the money particularly now that most bloggers are able to deliver brand messages in a succinct, creative, and engaging manner. With that, brands can now leverage affiliate marketing effectively to maximize ROIs on marketing expenses even though many bloggers still face a major challenge of monetizing their blogs for good financial returns. The keyword for blogging success is leveraging. That is what enables bloggers to benefit immensely from association with affiliate marketing networks.

Here’s what gets good leveraging returns.

Bloggers Collaborations


 
As technology changes, the landscape of digital marketing continues to change as well. That is why it can be really challenging to honestly examine what truly works and what doesn’t. What is now not in dispute is that if affiliate networks offer enhanced support to bloggers, better results are obtained. That is collaboration and it is a win-win situation for both parties.  By joining hands with affiliate marketing platforms, bloggers can easily browse through a host of affiliate programs and campaigns before selecting the ones that are best suited to their needs and preferences. Traditionally, affiliate marketing has been one of the most popular ways for bloggers to monetize their online traffic. Smart bloggers are beginning to really understand the value addition that partnering with affiliate networks can drive for them. With online tools from Google chrome extensions which allow bloggers leverage several advertiser programs from just one account, bloggers now work smarter with better results. These tools do help to save bloggers time and the hassles needed to register with multiple affiliate networks and the results can be staggering.

Partnering With Affiliate Networks

Many bloggers often lack the technical expertise to manage attribution, tracking, traffic quality and other intricacies of affiliate partnerships. That is where partnering with affiliate networks has become really important. Partnering with affiliate networks helps to save bloggers the energy, time and valuable resources to research suitable affiliate networks with their preferred type of content, target audience, demographics, etc. That arrangement allows bloggers to concentrate mainly on good content creation while leaving other intricacies for their partner affiliate networks to handle. Thus, bloggers expect these affiliate network partners to provide for them holistic, high tech-backed solutions which facilitate seamless revenue generation opportunities that help them to save time and money. Many of the affiliate networks do not disappoint in that wise. Which is why partnering with leading affiliate marketing networks helps a great deal to enhance valuable benefits for bloggers.

Realizing Market Potentials
 
Social media platforms have become very handy to quickly promote brand popularity in this age and time. These platforms have become very useful to marketers who deploy them to helping their brands realize their market potentials much more rapidly with the power of the internet. Thus, many Brands have been quick to realize the marketing potential of bloggers using social media platforms like Facebook, Instagram, YouTube, Twitter, etc. With social media, many bloggers are presently delivering very rich viral dividends for brands online. Both parties through deftly managed digital marketing strategies are bringing social media influencers, owners of online forums and bloggers on board as affiliates for higher engagement, ROIs and ultimately helping to realize many brands market potentials in amazing ways.


 

Best Affiliate Networks Online

Every newbie affiliate marketer always wants to know where they can be to get good results. We are immensely pleased to make some recommendations. At the moment, some affiliate networks offer hundreds of affiliate marketing programs all in one place. Instead of chasing numerous individual programs, you are best advised to simply register with an affiliate network to enable you gain access to numerous affiliate marketing programs they have on board. In my view, the very best options currently available are:

VigiLinks

Skimlinks

CJ Affiliate

ShareAsale

Rakuten LinkShare

Avangate

LinkConnector

FlexOffers

Affiliate Window