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                            [body] => How to make money from social media by Jessica Murray in Make Money Updated by Laura Brown 1 April 2021 Share Tweet Stop that aimless late-night scrolling and learn how to make some actual cash from your Instagram addiction... Credit: De Repente (foreground), Miss Ty (background) - Shutterstock Research has shown that the average person spends around two hours a day on social media – but if you're a social media addict, you'll likely spend much more time trawling through the 'gram. How about you use all that dedication to scrolling to actually make some money? Social media is quite a lucrative business if you know how to play it right and you're prepared to put in the effort. In fact, according to influencer app Takumi, you can make money on Instagram with just 1,000 followers if you post twice a week. So if you're looking to make money on Instagram, Twitter, Facebook, Snapchat, TikTok or any other channel, here's everything you need to know... What's in this guide? How many followers do you need to make money on social media? How much money can you make from social media? How to find your niche on social media How to get more followers on social media How to make money from social media accounts For some super easy ways to earn cash online, check out our guide to making money from watching videos. How many followers do you need to make money on social media? Credit: PixieMe – Shutterstock Does having more followers mean you'll make more money? The answer to this is both yes AND no. You don't need thousands of followers to make money. Exposure to the most successful influencers on Instagram and TikTok has lead a lot of people to assume you need hundreds of thousands of followers to be able to make any money on social media. This simply isn't true. Brands are increasingly seeking quality over quantity – this means they would rather pay for a smaller audience of engaged or niche followers. They no longer just want expensive celebrities to advertise their products, they're deliberately looking for ordinary people and 'influencers'. For example, if you can prove that the vast majority of your followers are UK university students aged 18–24, you've instantly got your selling point – even if you don't have an absolutely huge audience. In other words, it's not a question of how many Instagram followers you need to make money, but who those followers are. The more followers you have the more money you make. That being said, you do still need to have a fairly decent amount of followers. No one's going to pay you anything just to make TikToks that only your friends will watch. But you only really need to reach around 1,000 followers to be able to start making a small amount of money. How much money can you make on social media? Credit: Alex Gontar - Shutterstock When it comes to making money on Instagram, blogging and social media, the sky is the limit. For many people, this is literally their full-time job, giving them the freedom and independence to work for themselves with a comfortable salary. You may have even heard of the famous (or infamous, depending on what you read...) YouTube and TikTok houses, where creators live together in a mansion and spend their days generating content that makes them some serious money. However, building up a social media profile and audience to that level takes a huge amount of dedication and effort – something that you probably won't have time for when studying for a full-time degree. But with brands generally paying between £40 and £2,000 per Instagram post, depending on the number of followers you have, there's still ample opportunity to make some spare cash on the weekends. If you do manage to make it big, Instagrammers with over 75,000 followers could be taking home over £100,000 a year! That's a huge amount of money for doing something you already do all the time anyway. At the moment, Instagram and TikTok are all the rage and can bring in some serious money, but trends change and they might not be so profitable this time next year. It's important to stay on top of any changes in the industry and be quick to respond to any new platforms which pop up. We spoke to Charlie Watson who created the running blog, The Runner Beans, while studying to be a Dietitian at university. She is now fully qualified and has over 65,000 followers on Instagram! Once you have a following, I think it's quite easy to make money from your channels as there are plenty of brands that want to align themselves with bloggers/influencers. However, she has also talked openly on her blog about how making money this way isn't always as glamorous as people think it will be. I battle with PR companies to be paid for work. I then have to chase to actually get the money once I've done the work. It can be scary when you're relying on the money to pay rent etc., and it's why I've worked as a nanny the entire time I've been at uni, to ensure I have guaranteed income alongside the blog. How to find your niche on social media. Credit: Ruslan Grumble - Shutterstock There are literally thousands of people out there on the social media side-hustle game, so if you want to make it, you're going to have to do something different. That doesn't mean you have to do something completely bonkers, but it does mean you need to find your specific niche. Have a think about what it is you're passionate or particularly knowledgeable about. You're going to have to dedicate a lot of time to the subject, so make sure it's something you're going to enjoy writing about. Once you've got the general area, try and narrow it down to a specific angle that hasn't been done before. For example, if you're interested in travel, you could focus on making budget travel orientated content, student travel, rail travel or eco-travelling. A generic travel blog is going to get lost in the noise unless you have something to set it apart. Or, you could try making money through studygrams – Instagram accounts filled with pictures of your revision notes! Either way, when it comes to figuring out how to make money on Instagram, TikTok, Snapchat (or any social network), checking out some of the thousands of genres and subgenres should get your creative juices flowing. But don't fall into the trap of going too niche. It needs to be a topic that will generate conversations and content ideas for years to come, so there needs to be a lot of depth to it. Make sure to check out the competition to see what they're doing and where the gaps in the market are. Check that there's the opportunity to monetise too – are people willing to spend money in this area? Are there products available for them to buy? If you haven't already, check out Cardi B's best tweets about money. Building up a strong base of followers takes some serious time and effort, but is it a better job to juggle alongside your studies than a traditional part-time job? Charlie says that it can definitely be tricky at times. During exam time I find it incredibly tough. I am on placement at a hospital for 12 weeks as part of my course, and I'm definitely struggling. But most of the time, it's an easy balance. How to get more followers on social media. Credit: Walt Disney Studios Ok, so you might not need hundreds of thousands of followers to get started, but you are going to need a fair few if you want to make some decent cash out of this. There's no quick and easy way to build up your following on social media – it takes some serious hard work and dedication. Charlie from The Runner Beans says it takes at least a year. It took me a long time but I know influencers who have grown hugely in a year or so. I think it depends on your niche and how much work you're willing to put in. I'd say two to three years is average. But if you are looking to increase your audience on social media, there are some tried and tested tactics that can help speed the process up... 10 best ways to get more followers on Instagram. Post content consistently – Make sure you're posting Instagram content on a daily basis. If you only post sporadically, your followers will quickly lose interest. Link up your Instagram account to Facebook and Twitter – There are some great apps out there, like IFTTT, which will allow you to link up your social media accounts automatically. So, if you post a photo on Instagram, it'll automatically post to your Twitter and Facebook (as an actual photo, not a link!). This will save you time and keep your posting consistent across platforms. Run a competition to increase follower interaction – This can be difficult to do because you need a prize, but if you can get your hands on something either by a little investment or by using your contacts, they're a great way of getting new Instagram followers. Just ask people to like/tag/share a post and watch your reach spread. Interact with brands and influencers – People often forget about the 'social' part of social media. Reach out to other people in your niche, like their posts, comment and share, and they'll likely return the favour. If you manage to build up a strong enough relationship, you can organise collaborations such as guest blogging on their site, appearing in their TikToks or even doing social media takeovers. Use relevant hashtags to attract new followers – They might seem a bit uncool now, but hashtags are a great way of connecting with people who are interested in a similar niche. Do some research into which hashtags are most popular and when, or even create your own and encourage your followers to use them when sharing certain posts. Add geotags to your posts – Especially on Instagram, people often search via location, and this creates another route for people to find your account. Use Instagram analytics to monitor activity – It's important to pause every now and then and take stock of what has done well on your social media accounts (and what hasn't). Sites like Fanpage Karma and Squarelovin (Instagram only) will provide data on which of your posts have been most popular. You can use this to identify what content tends to work best, and the best time to post it. Share videos and post stories on Instagram and Facebook – The thought of recording yourself might seem slightly terrifying, but people like to see the 'human' behind the page, and your followers will engage with you more if you can talk to them directly. You could upload a video to YouTube, or post stories on Instagram and Facebook which are a quick and effective way of doing it. Paid advertising posts – Although it is possible to build up your audience organically, you can try doing some paid advertising to give yourself a quick boost. Try paying for a boost on a Facebook post that is doing particularly well, or investigate Google Adwords for some smaller, niche terms. Quality personalised content – At the end of the day, followers will be attracted to your account if you're offering them something they're genuinely interested in. Avoid being too promotional and tell some good stories, and they're bound to keep coming. If you're looking for inspiration, check out Save the Student on Facebook, Twitter and Instagram to see how we do it! Don't be lured in by the idea of 'buying' followers as a quick fix to boost numbers – they'll most likely be fake accounts and of no use at all in the long run. How to monetise your Instagram, Twitter and Facebook. Credit: Ink Drop – Shutterstock There are three ways you can use your social media channels to make money: brand promotion, affiliate marketing and creating online resources. Promoting brands and marketing. One of the most common ways to make money with social media, particularly on channels like Instagram, YouTube, TikTok and blogs, is by promoting brands or their products. There are a few different websites and apps out there which make it really easy for you to do this, and here are two of the best: TRIBE Influencer. On this app, the focus is on the quality of the content rather than the number of your followers. You choose from a selection of briefs that will outline exactly what kind of post the brand is looking for, plus any things they want included, such as a hashtag or discount code. You create the post (on Facebook, Twitter or Instagram), set your price and submit it for approval. Of course, the downside to this is that you might spend ages creating the perfect post only for it to be declined – but at least you can get stuck in regardless of how many followers you have. Check out Tribe » Takumi. This app is specifically designed for promoting on Instagram. All you need is a public profile, over 50 posts and at least 1,000 followers to get started. They tag you with interests that match your feed (food, travel, etc.), and along with your age, gender and location, use this to match you to relevant campaigns. Check out Takumi » Don't be afraid to contact brands yourself, too – especially smaller, local businesses who might not be signed up for these services. A local restaurant might be willing to offer you a free meal in return for a review, for example, but you'll only find out if you contact them. Just beware of over-promoting, as your followers will switch off if they're bombarded with adverts every day. Try building a social media posting schedule to prevent this. Running blogger Charlie also recommends exercising caution when choosing what you're going to promote. My advice would be to be picky about the brands you work with – you want to maintain your authenticity and reputation! Fancy giving YouTube a go? We've got loads of tips on how you can use your channel to make money. Use affiliate links. Affiliate marketing is a form of passive income that's similar to promoting a brand, except you need your followers to click on a link and make a purchase in order to earn you some commission. For example, if you're promoting a hotel, you need your followers to click your link and make a booking at the hotel – then you'll earn a share of the profit. How does affiliate marketing work? Use networks like ClickBank and Awin to find affiliate programmes that work for you. They have hundreds of thousands of products to choose from, but you obviously need to find something that's relevant to your subject area. Make sure to do your research beforehand so you know exactly what you're going to be promoting, and that you're comfortable associating yourself with that brand. And don't forget to check the T&Cs, as some brands have specific rules on how you can, and can't, promote their products. You can also try becoming an Amazon Associate, allowing you to earn commission through affiliate links for promoting Amazon products. There are over a million products to choose from, but commission rates vary greatly across different product categories. For example, you make 1% commission for video consoles, and up to 12% for things like clothes, shoes and jewellery. Increasing the click-through rate on your posts. Once you've got the links, you just need to get people to click on them and buy the products. The key is to not spam your followers with links but embed the links within high-quality content such as reviews. Remember your followers will only trust you if you're balanced – only promote what you genuinely believe in and make sure to highlight any negatives too. You can also use affiliate links in things like banner ads, emails or as part of any content you produce. If you're trying to make money from TikTok, Instagram or Snapchat, your options for affiliate marketing a little more limited, but you could try placing a link in your bio or, where available, as a 'swipe up' link in your story. Just remember that it's all about trust, and your followers will only buy into your recommendation if you provide genuine reviews. Make sure it's clear to your audience when you use affiliate links by highlighting it as an ad. Not only is this good practice, but it's also part of the guidelines recommended by the Advertising Standards Authority. Non-fiction resources and digital products. Selling non-fiction resources online is great if you've already got knowledge in a niche or specific subject area, but it doesn't happen overnight. You have to establish yourself as an authority in a subject, either by creating a website or social media channel, and you can then start selling your eBook, email series or audio/video course. In this case, the quality of your followers is definitely more important than the quantity. You want people who will engage with you on the subject and will invest in you enough to buy your products. There are a whole load of sites out there designed to help people sell their products online. Services like Gumroad, Sellfy and Udemy allow you to set up your own 'shop' to sell products: they'll deal with the payment process, delivery of the product (providing it's digital) and the marketing, so all you have to do is focus on producing really high-quality stuff. Just be aware that sites like these will take a chunk of the profit you make from each sale, which can potentially be as much as 10%. It's also a good idea to try and capture people's details like their email addresses when they buy from you. This means you can send them emails promoting future products and content. You can also try offering a freebie to entice a new customer in. Give them a free chapter of your eBook in return for their email address and, if they're impressed, they'll be likely to buy more products from you in future. These are just three of the main ways you can make money from your social media and blogging, but be creative and think outside the box – there are loads of ways of doing it. When expanding your Insta-empire, make sure your online brand is as strong as possible.✨ what are other people reading? 40 easy ways to make money quickly . 16 profitable eBay selling tips . Make money from Matched Betting (full guide) . Student tax refunds – are you owed money? . Free money cheat sheet! Weekly deals, guides + free cheat sheet. Privacy policy Like most sites, we use cookies to optimise your experience and serve personalised content. By using our website you agree to our use of cookies. More info
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                                                    [text] => global influencer marketing
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                            [body] => 11 Ways to Make a Living on Social Media Without Selling a Single Product Published on August 6, 2021Do you have lots of social media followers? Want to learn how to turn those followers into dollars? Right now, there are people making a living on social media without selling anything. We’ve all seen those profiles of seemingly regular people with tons of followers. It always seems as if they’re traveling or doing something fun. But what exactly do they do to fund this fairytale lifestyle? They are social influencers. Experts predict that in the next two years, global influencer marketing will be a $5-10 billion dollar industry. In 2017, 86% of marketers relied on influencer marketing campaigns at some point during the year. And 39% of marketers say they have increased their influencer marketing budgets for 2018. All of this is promising news if you’re interested in making a living on social media as an influencer. Even if you don’t have lots of followers right now, this guide will show you what you need to do to make yourself more appealing to marketers and brands. In the past, I’ve explained how to use micro influencers to increase your product credibility. But now I wanted to write an informative guide aimed to help influencers make more money. Want More Traffic? Get help with improving your traffic, leads, and revenue. Get Started With influencer marketing making my list of the top marketing trends to look for, there is plenty of money to be made in this space if you position yourself accordingly. These are the top 11 ways to make a living on social media without selling any products. 1. Pick a platform. The first thing you need to do is decide which platform you’re going to prioritize the most. Ultimately, you’ll want to have profiles set up on as many social networks as possible, but one needs to be your bread and butter. Research shows that nearly all social influencers work on Instagram. In 2018, more than 82% of social influencers said that Instagram is their number one platform. Just over 12% responded with YouTube, and less than 2% said Facebook. That’s probably because 76% of influencers say that Instagram has the best tools compared to other social platforms. Based on these numbers, I highly recommend picking Instagram as your top priority. You don’t need to reinvent the wheel here. If other influencers are having so much success on Instagram, you should be able to follow in their footsteps. Your other social profiles should be used to enhance the image of your personal brand and ultimately expand your reach. But you can use Facebook and Twitter to try to get more followers on Instagram. 2. Join a network for influencers. Another way to make money on social media is by joining networks made for influencers. These platforms are used to connect brands with people based on their followers and specialties. Brandwatch is a great place to start. Let’s say you share lots of content related to yoga and holistic health on your social media profiles. Your followers are obviously interested in this content as well, which is why they are following you in the first place. If you join one of these networks, it will be easier for brands to find you if they have a product or service related to your content. If a brand wants to work with an influencer to sell their newest yoga mat and yoga clothing, it’ll get matched with you through these networks. You can handle all communication with the brands through these platforms as well. This can help you stay organized as opposed to using direct messaging through social media. Once you get lots of followers, it’s tough to keep up with all of the messages in your inbox. I recently wrote about my favorite platforms for effectively managing social influencers. The post was intended for brands, but it’s helpful for influencers to read through it as well. Go through the list to see which platforms fit your wants and needs the most. 3. Boost your engagement rates. The reason why brands want to work with social influencers is they historically have extremely high engagement rates. In fact, brands named engagement as the top metric for measuring the success of influencer marketing campaigns. If you want to make yourself more appealing, you can show brands how high your engagement rates are with your followers. Start by learning how to write captions that drive engagement. You want your followers to like, comment, tag, view, and share your content. Respond to your followers. I know, this can be tricky, especially for those of you who have tens of thousands of followers. But the key is getting into a habit of making time to respond. At the very least, like their comment if you can’t respond to it. Remember, we’re treating this as your job. If you want to make a living on social media, you need to dedicate a certain amount of time each day toward making yourself a more valuable influencer. If it were easy, everyone would be doing it. Engaging with your followers will help them feel a personal connection with you. When you recommend a brand to them, they will be more likely to act on your recommendation, making your marketing campaigns more successful. 4. Give away free stuff. Everyone wants to get something free. To increase engagement with your followers, hosting a giveaway is one of your top options. Once you start negotiating with brands and deciding what kind of content you should be posting, you can suggest a giveaway. Ultimately, the decision is theirs. They will be the ones paying you for sponsored content. But you don’t have to commit to anything you’re uncomfortable with. If you think the content they want you to post doesn’t add value to your followers, you can respectfully turn down the offer. After all, you don’t want to lose credibility by posting everything and anything someone presents to you. Otherwise, you could see a drop in engagement from your followers. Take a look at this post from Instagram personality Jen Selter: Jen has more than 12 million followers on Instagram. How do you keep 12 million people entertained? Don’t spam them. Yes, it’s clear that this post is promoting a brand. But she’s doing it in a way that adds value to her followers by giving them a chance to win something free. This post has all the elements required to run a profitable giveaway. If you are still trying to grow your following, giving something away could be the best way to do that, even if you aren’t getting paid by any brands yet. It may be worth spending $100 out of your own pocket on a gift card, for example, to give away to your followers. Then you can show brands how good your engagement rates were for that campaign as you move forward with your career as an influencer. 5. Use multiple hashtags. If you’re trying to make money on social media, you can’t be afraid to use hashtags. But don’t use only one per post. Research shows that using multiple hashtags leads to higher engagement rates. The magic number here is seven. Posts with seven hashtags have the highest engagement rates. But that doesn’t mean you should go overboard. Using more than eight hashtags on one single post can seem spammy. Use a variety of hashtags. Some should be broad and intended to reach the highest number of people. For example, #tbt or “throwback Thursday” is a popular hashtag used on social media. So your post would be exposed to the masses. However, you don’t want to get lost in the shuffle. Create some unique and more specific hashtags appropriate for each campaign. If you look at the giveaway example again, you’ll see that Jen used #JenSelterGIVEAWAY in per post to stand out. 6. Partner with a mobile app. All too often I see social influencers partner with the same types of brands. They’re promoting clothing, fitness apparel, accessories, and food. While there is nothing wrong with this strategy, it may not be sustainable for long-term growth. Those brands will end up using other influencers in the future once they feel they’ve gotten the most out of you and if your cost per post rate gets too high. Think outside the box and try to partner with unique brands, such as mobile applications. Here’s a great example of this strategy used by social influencer Eric Rubens: Eric has more than 380k followers on Instagram. If you look at his bio, he promotes a few different things related to his personal brand image. You can see his YouTube name and link to his website. But look at what I highlighted. It’s his partnership with Explorest, a new mobile application. The idea behind this app is very unique. It shows users exact directions to places where they can take cool photographs. This idea also fits within Eric’s personal image. If you look through his profile, he takes amazing photographs of places all over the world. So his followers are obviously interested in this type of content. That’s why he was able to successfully partner with a mobile app such as Explorest. 7. Find your niche. It’s tempting for new influencers to take jobs from any brand that offers them money. But you need to understand how these posts can impact your future. You don’t want to partner with any brand that goes against your core values and beliefs. Furthermore, you need to analyze how this content will affect your followers and how you’re perceived by other brands moving forward. Let’s look at an example to show you what I’m talking about. Here is James Tollefson’s Instagram biography: James has just over 23k followers, which is a great number for micro influencers. While his biography doesn’t promote anything specifically, like in the previous example, it tells you more about his life and who he is. He’s a software engineer, living in San Diego, who is a fitness enthusiast. Now, just saying you’re a fitness enthusiast and being a fitness enthusiast are two different things. Let’s take a look at his pictures to see if they fit the description: As you can see, the content definitely fits the biography. James shares content related to his fitness journey, and he promotes products that fit that niche. If you join a community that connects brands and influencers, you want to make sure your content fits your speciality. Don’t say you’re a foodie in your biography and then never share content related to food or work with brands in that industry. It doesn’t make sense, and it won’t make you any money. 8. Know your worth. According to research, 80% of influencers say sponsored content is their primary source of income. This ranked higher than advertisements and affiliate links. Only 33% of influencers actually sign a contract with sponsors. You’ve got to make sure you protect yourself and get paid for your work. Don’t just post content for brands who offer to send you free products. That’s not enough if you’re trying to make a living. As you can see from the graph below, marketers are planning to increase their marketing budgets for influencers: Only 5% of marketers say they’re going to decrease their influencer marketing budgets. The money is out there. It’s just a matter of finding it. Don’t settle. How much is a post worth? The numbers will vary based on the number of followers you have and your engagement rates. On average, 66% of businesses pay less than $250 per post. And 27% pay between $250 and $1,000. Just 4% pay up to $3,000 per post. Unless you’re a celebrity, you probably won’t see $3,000 for one post. But with that said, it’s not unreasonable to aim for that $250-1,000 window. Let’s say in a week you share two sponsored posts from two different brands. One pays you $750, and the other pays $250. If you can continue getting rates like that steadily throughout the year, you’ll make more than $50k annually. 9. Post high-quality photos. Look back at all the examples I showed you so far. What do all of them have in common? High-quality content. If you want to become a social influencer, you need to make sure you’re sharing only quality photos. Buy a professional camera if you have to. Or at least get yourself a new smartphone that takes better pictures. Invest in yourself. As you saw in the example of partnering with a mobile app, taking high-quality photos can lead to big opportunities for you. Just look at Albert Hongbo Yang’s Instagram profile: These images are breathtaking. Albert has over 24k followers who are interested in his photos, which is a huge leveraging point when it comes to working with brands. Even if you don’t want to sell products on Instagram, if your photos are good enough, you can make money as a photographer. Post pictures that draw attention and make you seem more legitimate. Refer to my guide how to take and edit photos without hiring a professional to help you with this. 10. Fully disclose your relationships with brands. Part of being a social influencer means you need to fully disclose your relationships with brands. First of all, you don’t want to mislead any of your followers or cause them to distrust you. That’s not right. But more importantly, it’s a requirement by the Federal Trade Commission. The FTC says that these disclosures must be clear and obvious. It doesn’t want you to use anything ambiguous, like #thanks or #collab, which could be misinterpreted. You also can’t rely on a disclosure that will only be seen if people “click more” or view the content on a separate landing page. To show you how to properly disclosure your relationships, look at this post from Anastasia Ashley: Anastasia is promoting La Roche-Posay skincare products. As you can see, she clearly tagged them in her caption and used the hashtag #sponsored to disclose her relationship with the brand. There is definitely nothing ambiguous about that. She’s complying with FTC regulations. 11. Promote your services. OK, so you want to make a living on social media without selling any products. But you can still sell your services. Earlier I explained how you could make a living by taking high-quality photos and then leverage your photography skills to make money. That’s just one way to do it, but there are plenty of others. For example, let’s take a look at Rob Atkin’s Instagram profile. Rob is promoting his personal website in the biography. Clearly, he’s a personal trainer. But the way he positions his services is much more creative than just saying “personal trainer.” Instead, he uses creative phrases such as “I help busy people get abs” and “fitness specialist” to promote his services. As you can see from his posts, his content fits into that niche, which is extremely important, as I mentioned earlier. So if you want to make money on social media without selling any products, consider using your distribution channels to promote your services instead. Conclusion. There is tons of money to be made on social media right now. People are making a living without selling a single product. Those of you who have a large social following can use your profiles to get paid by brands. Even if you don’t have lots of followers right now, you can increase your following and engagement metrics to make yourself more appealing to prospective clients. If you follow the tips and advice I’ve outlined in this guide, you can turn your social media profile into a money-making machine. Want More Traffic? Get help with improving your traffic, leads, and revenue. Get Started Copyright © 2022 • Quick Sprout Work With Us • Privacy Policy • Terms of Service This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read MorePrivacy & Cookies Policy Close Privacy Overview. This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT
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                                    [4] => 5. Launch a sponsored video series
                                    [5] => 6. Sell your own educational products or services
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                                    [7] => 160,000+ small businesses like yours use Buffer to build their brand on social media every month
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                                    [1] => You will learn
                                    [2] => Did you find this article helpful? You might also like our all-you-need social media toolkit
                                    [3] => Publish Flawlessly. Analyze Effortlessly. Engage Authentically
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                            [body] => The Top 7 Ways to Make Money with Social Media Alex Colas Growth Lead at Skimlinks Summary 7 min read You will learn Summary. This article covers some of the best options for social media entrepreneurs to monetize their social media accounts even if they don’t have hundreds of thousands of followers.You will learn. 7 ways you can generate revenue via social mediaHow you can work with brands and create revenue-generating partnershipsHow to generate revenue directly from your audience  You don't need a huge audience to start making money from your social media audience. In fact, it’s worth noting that many micro-influencers get better results (i.e. earning a higher rate per 1000 followers) than influencers with larger followings.In this article, you will learn about the best ways to make money on social media (ranked by the least amount of work needed) and will be inspired by some creators who are executing these ideas well.1. Build a paid membership. One of the most popular ways to make money on social media today is to produce exclusive content, accessible only to followers who pay a monthly subscription via a membership platform.Platforms such as Patreon have emerged in recent years to cater specifically to this phenomenon, and video sharing social platforms such as Youtube and Twitch have also launched features to compete in this space. Even Twitter has started testing a new “Super Follow” feature enabling users to charge a subscription for exclusive content.A good example of a creator leveraging this method is John Bonini who launched Some Good Content last year on Patreon. Starting from $10/month, John Bonini gives his 500+ Patrons access to his best content marketing tips and strategies.We asked John for his advice for anyone wanting to start a Patreon and he mentioned that “it’s all about finding ways to allow others to relate with you”. When it comes to creating social content he also recommends you “forget the algorithms” and just “start by making something good.”2. Promote brands with affiliate programs. Another great way to monetize a social media following is to promote brands that you love by linking to their affiliate programs.Some brands have their own affiliate programs that you can apply to individually, but most brands’ affiliate programs will be accessible via an affiliate network.There are multiple affiliate networks, each of which works with different brands, so depending on the brands you want to promote, you may need to apply to several different affiliate networks.Otherwise, a third and easier option to get started would be to use a platform such as Skimlinks. By working with the 50 largest networks, Skimlinks enables you to instantly access up to 48,500 affiliate programs worldwide.A great example of someone using affiliates to make money on social media is Rhiannon Ashlee.In each one of her Vlogs on Youtube, Rhiannon lists all of the products that she mentions at some point during the video and puts an affiliate link next to almost all of them.The links entitled “fave.co” are affiliate links and everytime someone clicks on one of these links and buys products, Rhiannon will get a commission on the total order value usually ranging from anywhere around 5% to 15% depending on the brand’s affiliate program.You might also notice that Rhiannon makes it clear and transparent which links she could make money from by having a * next to each affiliated link. This is good practice from an ethical point of view (plus it is required by the Federal Trade Commission), and in fact, this can also help with conversion rates as her fans are likely to want to support her channel while shopping.3. Join an influencer marketing platform. Joining an influencer marketing platform is another great way to make money with social media, that can require as much, or as little time as you want to put into it.An influencer marketing (or monetization) platform, such as ShopYourLikes, connects brands with influencers, and makes it easier for both to work together.Most of these platforms require a certain amount of followers to get approved and may specialize in one social media platform. While links can be placed on any platform, ShopYourLikes influencers often focus on Instagram stories.Once approved by ShopYourLikes, you will be able to access your performance dashboard and see all the brands available for you to promote.By using the Link Generator you can create a link for any page of these brands’ websites, share it on Instagram or anywhere on social media and get paid every time someone clicks or swipes on your links.For inspiration, take a look at how Mollie @DesignLovesDetail uses ShopYourLikes to promote Home Decor products effectively in her Instagram stories:“I think the tactic that helped me most was that I was truly original. Don’t copy others on Instagram," Mollie explains. "Try to find your own niche and be uniquely you. Also, having your own content is so important.""This means more work," she adds. "But if you do the work, it pays off."Mollie also recommends paying close attention to the things your audience responds to so you can better focus your time on what’s selling best & giving you the best earning potential."What price points are you making most sales in? What categories or stores have highest sales? Ask yourself those kinds of questions and know the data so you can plan content accordingly,” she advises.4. Find brands to partner with directly. A classic way of making money with social media is by partnering directly with brands.Julie Nolke is a Youtuber who does this well.As well as having a Patreon community, Julie partners with brands directly to sponsor her short comedy sketch videos.Julie has a good system for promoting brands in her videos without risking to annoy her audience.She usually quickly mentions the brand sponsoring the video at the very beginning and mentions she will give more details about them at the end of the video. This system works well because the first few seconds are crucial to do well on Youtube’s algorithm.Julie Nolke also repurposes her videos on Instagram and sometimes does an entire comedy sketch to promote brands such as this one for Google products. Notice that this ad actually got a lot more views than her other videos, which is likely because it was filmed in a square format, which works best for Instagram, and it was also combined with a giveaway.5. Launch a sponsored video series. Instead of partnering with brands for one sponsored post, you could instead get brands to sponsor a video series.Johnny Harris is a great example of a social influencer who did this well.His history/travel video series called “Borders” was commissioned by Vox and sponsored by Lululemon.Johnny’s video series was on Youtube, but you can also do this on Instagram, Snapchat or Tiktok for example.According to Mediakix’s multiple sources, the average Cost per 1000 impressions (CPM) for each social media platform is the following:Instagram: $5-10YouTube:  $15-30Snapchat: $30-50Facebook: $4-8These numbers depend on engagement but they can roughly indicate how much you can expect to earn/charge, and it’s worth investing some time testing the platforms that pay the most in terms of brand sponsorship.6. Sell your own educational products or services. There are multiple types of educational products or services you can create and sell on social media.Courses, ebooks and mentoring are all examples that perform very well, and for multiple different niches.For example, Andy Guitar teaches how to play the guitar on Youtube for free, and to make money he started by advertising his private guitar lessons. Today he monetizes his channel by creating online guitar courses.Kathryn Kellogg is another social media influencer doing this well. She teaches how to live sustainably on Instagram. To monetize, she created a course on Skillshare and published a book entitled “101 Ways to Go Zero Waste”.7. Sell your own merchandise. Finally, a great way to make money on social media is by selling your own merchandise.You can start doing this very easily by creating your own shop using tools such as Teespring or Teemill.These tools are great to get started and to test your product ideas.You just need to upload your designs and they’ll take care of the rest by printing the clothes and shipping them directly to customers for you.Kate Arnell is doing just that. She started her own shop, EcoBoost, using Teemill, selling eco-friendly merchandise.Now that you know the best ways to make money with social media, go ahead and give each method a try and let us know which one performs best for you.Remember that diversification is important so make sure to build multiple sources of revenue. In other words, don’t put all your eggs in one basket! That will protect you from the risk of relying too heavily on one revenue stream. Brought to you by Did you find this article helpful? You might also like our all-you-need social media toolkit. Get started for free now On this page Try Buffer for free Brought to you by The all-you-need social media toolkit Brought to you by Publish Flawlessly. Analyze Effortlessly. Engage Authentically. Buffer is the all-you-need social media toolkit that lets you focus on doing what you love for your business. Get started for free now Related Articles:. How to Add a Link to an Instagram Story. Instagram recently replaced the 'swipe-up´ link option from stories with a clickable link sticker. Here's a quick step-by-step guide on everything you need to know about adding Instagram's new link sticker to your stories.... The No-Fluff Small Business Marketing Guide for Entrepreneurs with Big Dreams. There are so many marketing guides out there, written by gurus and big companies that share their secrets to success. They tell you exactly what you need to do to get results from your marketing. But not really. Because you’... How to use Pinterest Marketing to Gain Exposure for Your Small Business. Pinterest is a one-stop-shop for inspiration and discovering new products and ideas. Even when Pinterest users don’t make a purchase while browsing the platform, they’re over 7x more likely to purchase products they've saved, and Pinners have outspent... How to Get Started with Small Business Video Marketing. As a small business owner, you have a lot to deal with. The last thing you probably want to do is add video marketing to your list of responsibilities, especially if you have no experience with video and don't know... 160,000+ small businesses like yours use Buffer to build their brand on social media every month. Sign up for free No credit card required Cancel anytime May we suggest. Content Marketing Social Media Customer Service Social Media Marketing Video Marketing Picked for you. Facebook Marketing Social Media Image Sizes in 2021: Guidelines for Posts on 5 Major Networks. Instagram Marketing 15 Instagram Stories Design Tips to Create Stunning Visuals. Facebook Marketing Best Time to Post on Facebook in 2021: A Complete Guide. Hi there, we use cookies to offer you a better browsing experience and to analyze site traffic. By continuing to use our website, you consent to the use of these cookies. Learn more about how we use cookies. Got it
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                            [body] => 15 Easy Ways For Everyone To Make Money With Social Media Matt OKeefeMatt is a marketer and writer who shares about lifestyle and productivity tips on Lifehack. Read full profile Advertising Share Pin it Tweet Share Email Even though it’s a relatively new industry, there are already a number of ways to make money with social media. Every major social media outlet has in some way helped users turn their hobby into a business or turn their business into a bigger business. Here are 15 common ways people make money with social media.1. Tantalize Customers With Your Product On Pinterest. Small businesses can benefit in big ways from getting users to “pin” photos of their items on to their Pinterest boards. Create an account, engage in the community by pinning other people’s photos and upload photos that entice people to buy your product.2. Run An Online Instagram Shop. If you have items that would be attractive to Instagram users, it’s relatively pain-free to set up a shop by connecting your account to the service inSelly. WikiHow has a great guide walking you through all the steps. Advertising 3. Copywriting. Twitter and Facebook can be great ways to show off your language and grammar skills. Prove yourself to be adept in the language of your choice to get yourself hired to write for a living.4. Editing. Editors in particular have found success marketing themselves on social media, since services like Twitter and Facebook are great proofs of concept for their skills with the written word5. Manage Social Media. There are a lot of companies seeking someone to handle their social media presence. Sadly a fair share of those positions are internships, but there are also many paid opportunities out there. Search “social media” on job boards to find results in your area. Advertising 6. Comedy Writing. A lot of new comedians birthed their career on Twitter. 140 character jokes or funny insights can gain you a lot of attention, so if you’re a particularly clever wordsmith consider giving comedy a shot to make money with social media.7. Creative Writing. Fantasy author Neil Gaiman broke ground with A Calendar of Tales, for which he asked his large Twitter following to submit questions and turned some of their answers into short stories. You can do something similar that involves interacting with your audience, or even serialize a whole novel or short story over many posts.8. Airbnb. Anyone can become a renter via Airbnb, which gives users a chance to rent places to stay in 190 different countries. Fast Company has a great write-up on how someone made a six-figure income through Airbnb. Advertising 9. Monetize A YouTube Channel. Not only can you make money with social media, you can turn yourself into a phenomenon. Just ask Grace Helbig, who’s developed a large audience through the hilarious videos she posts every week. She makes a significant sum just off ad revenue from her YouTube channel.10. Become An Amazon Affiliate. When you join Amazon’s Affiliate Program, any sales made from a link you provide to Amazon will net you a small percentage. Cultivate a following and promote specific items on your blog, then include an affiliate link to the item on Amazon so that when a follower purchases something you’ll get paid.11. Promote Posts. Get your sales pitches in front of more eyeballs with promoted posts, available through almost any social media service. It’ll cost you a little cash, sure, but it could net you huge rewards. Advertising 12. Sell Your Art. Tumblr and Instagram (Tumblr especially) are great places to post original artwork and get a lot of responses and shares. If your art starts going viral, you can turn that interest into income by selling prints and other merchandise through an online store like Etsy or Big Cartel.13. Sell Rights To Your Photos. If you take good enough photos, people will pay you to use them! Flickr is a popular place to view photos, and this WikiHow explains how to sell the photos you’ve posted there. You can also license them under Creative Commons, which won’t net you any money but will expose your photographs to a wider audience.14. Demonstrate Your Musical Abilities On SoundCloud. SoundCloud is one of the best places to get your music noticed, and I’m not just talking about the near-impossible goal of becoming a rock star. If you know how to come up with a catchy jingle, you can post it on SoundCloud to get clients flocking to you to create music for their commercials, radio ads, etc. Advertising 15. Innovate. These are just the known ways to make money with social media. The field is so new that many more avenues are likely to open up in the future. Consider how you can utilize social media services to grow your career or even create a new one altogether!Featured photo credit: mkhmarketing via flickr.com Share Pin it Tweet Share Email More by this author. Matt OKeefe Matt is a marketer and writer who shares about lifestyle and productivity tips on Lifehack. 8 Useful Apps Every Learner Should Not Miss Is Avoiding Difficult Tasks And Doing Easy Tasks First Less Productive? The 10 Best Online Dictionaries 5 Ways to Manifest Anything You Want in Your Life 15 Productive Things to Do When Bored (So Time Is Not Wasted) Trending in Money. 1 33 Painless Ways to Save Money Now 2 How To Achieve Financial Freedom With the Right Mindset 3 Financial Freedom is Not a Fantasy: 9 Secrets to Get You There 4 40 Healthy And Really Delicious Meals You Can Make Under $5 5 Life Insurance: A Secure Way To Protect Your Future. Read Next. 9 Fun Outdoor Activities to Keep Your Family Healthy 4 Benefits of Spending Time Outdoors With Family 25 Game-Changing Travel Hacks That Surprise Frequent Travelers 20 Countries You Should Visit At Least Once In Your Lifetime Advertising Advertising Money Last Updated on January 5, 2022 33 Painless Ways to Save Money Now Royale ScuderiA creative strategist, consultant and writer who specializes in cultivating human potential for happiness, health and fulfillment. Read full profile Advertising Share Pin it Tweet Share Email In a difficult economy, most of us are looking for ways to put more money in our pockets, but we don’t want to feel like misers. We don’t want to drastically alter our lifestyles either. We want it fast and we want it easy. Small savings can add up and big savings can feel like winning the lottery, just without all of the taxes.Some easy ways to save money: Advertising Online rebate sites. Many online sites offer cash back rebates and online coupons as well. MrRebates and Ebates are two I like, but there are many others. Sign up for customer rewards. Many of your favorite stores offer customer rewards on products you already buy. Take advantage. Switch to compact fluorescent bulbs. The extra cost up front is worth the energy savings later on. Turn off power strips and electronic devices when not in use. Buy a programmable thermostat. Set it to lower the heat or raise the AC when you’re not home. Make coffee at home. Those lattes and caramel macchiatos add up to quite a bit of dough over the year. Switch banks. Shop around for better interest rates, lower fees and better customer perks. Don’t forget to look for free online banking and ease of depositing and withdrawing money. Clip coupons: Saving a couple dollars here and there can start to add up. As long as you’re going to buy the products anyway, why not save money? Pack your lunch. Bring your lunch to work with you a few days a week, rather than buy it. Eat at home. We’re busier than ever, but cooking meals at home is healthier and much cheaper than take-out or going out. Plus, with all of the freezer and pre-made options, it’s almost as fast as drive-thru. Have leftovers night. Save your leftovers from a few meals and have a “leftover dinner.” It’s a free meal! Buy store brands: Many generic or store brands are actually just as good as name brands and considerably cheaper. Ditch bottled water. Drink tap water if it’s good quality, buy a filter if it’s not. Get a reusable water bottle and refill it. Avoid vending machines: The items are usually over-priced. Take in a matinee. Afternoon movie showings are cheaper than evening times. Re-examine your cable bill. Cancel extra cable or satellite channels you don’t watch. Watch the “on demand” movie purchases too. Use online bill pay. Most banks offer free online bill paying. Save on stamps and checks, and avoid late fees by automating bill payment. Buy frequently used items in bulk. You get a lower per item price and eliminate extra trips to the store later on. Fully utilize the library. Borrowing books is much cheaper than buying them, but in addition to books, most local libraries now lend movies and games. Cancel magazine/newspaper subscriptions: Re-evaluate your subscriptions. Cancel those you don’t read and consider reading some of the other publications online. Get rid of your land-line. Do you really need a land-line anymore if everyone in the family has a cell phone? Alternatively, look into using VOIP or getting a cheaper plan. Better fuel efficiency. Check the air pressure in your tires, keep up with proper auto maintenance, and slow down. Driving even 5MPH slower will result in better fuel mileage. Increase your deductibles. Increasing the insurance deductibles on your homeowners and auto insurance policies lowers premiums significantly. Just make sure you choose a deductible that you can afford should an emergency happen. Choose lunch over dinner. If you do want to dine out occasionally, go at lunchtime rather than dinnertime. Lunch prices are usually cheaper. Buy used:  Whether it’s something small like a vintage dress or a video game or something big like a car or furniture, consider buying it used. You can often get “nearly new” for a fraction of the cost. Stick to the list. Make a list before you go shopping and don’t buy anything that’s not on the list unless it’s a once in a lifetime, killer deal. Tame the impulse. Use a self-enforced waiting period whenever you’re tempted to make an unplanned purchase. Wait for a week and see if you still want the item. Don’t be afraid to ask. Ask to have fees waived, ask for a discount, ask for a lower interest rate on your credit card. Repair rather than replace. You can find directions on how to fix almost anything on the internet. Do your homework, and then bring out your inner handyman. Trade with your neighbors. Borrow tools or equipment that you use infrequently and swap things like babysitting with your neighbors. Swap online. Use sites like PaperBack Swap to trade books, music, and movies with others online. Also, look for local community sites like Freecycle where people give away items they no longer need. Cut back on the meat. Try eating a one or two meatless meals every week or cut back on the meat portions. Meat is usually the most expensive part of the meal. Comparison shop: Get in the habit of checking prices before you buy. See if you can get a better price at another store or look online. Remember that saving money is not about being cheap or stingy; it’s about putting money into your bank account rather than giving it to someone else. There are many ways to save money, some you’ve never thought of, and some that won’t appeal or apply to you. Just pick a few of the ideas that sound doable and watch the savings add up. Save big, save small, but save wherever you can. Advertising Featured photo credit: Damir Spanic via unsplash.com Advertising Advertising Share Pin it Tweet Share Email Read Next. 9 Fun Outdoor Activities to Keep Your Family Healthy 4 Benefits of Spending Time Outdoors With Family 25 Game-Changing Travel Hacks That Surprise Frequent Travelers 20 Countries You Should Visit At Least Once In Your Lifetime
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How many followers do you need on social media to make money?

[answer] => To start monetizing from your social media you will need to have a huge following. For example, with Instagram, you need a minimum of 5,000 Instagram followers and 308 sponsored posts a year to generate $100,000. Youtubers will need at least 1,000 subscribers and 4,000 watch hours in the past year to start earning. 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[tag] => h3 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 3 [name] => Create Content Regularly to Build Social Media Presence. [tag] => h3 [children] => Array ( ) ) [6] => stdClass Object ( [level] => 3 [name] => Use the Right Hashtags. [tag] => h3 [children] => Array ( ) ) [7] => stdClass Object ( [level] => 3 [name] => Provide Valuable Content. [tag] => h3 [children] => Array ( ) ) [8] => stdClass Object ( [level] => 3 [name] => Use Analytics to Understand Your Audience. [tag] => h3 [children] => Array ( ) ) [9] => stdClass Object ( [level] => 3 [name] => Have a Social Media Strategy. [tag] => h3 [children] => Array ( ) ) ) ) [4] => stdClass Object ( [level] => 2 [name] => What social media platforms can you make money on? [tag] => h2 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 2 [name] => How many followers do you need on social media to make money? [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://media.smallbiztrends.com/2021/09/how-to-make-money-on-social-media.png [twitterImage] => https://media.smallbiztrends.com/2021/09/how-to-make-money-on-social-media.png ) [schema_type] => Array ( [0] => Organization [1] => BreadcrumbList [2] => FAQPage ) [comment_questions] => Array ( ) [body] => How to Make Money on Social MediaPublished: Sep 16, 2021 by Samson Haileyesus In Social Media 0Share on TwitterShare on FacebookShare on FlipboardShare on LinkedInShare on PinterestShare on BizSugarEmail this ArticleSocial media be it Twitter, Facebook or YouTube have become the most popular platforms by hundreds of millions of users across the world. This has opened up opportunities for businesses to connect with customers, allowing them to maximize the income of their business. In addition, you can use social media sites to also make some money on the side. There are also opportunities to make money through social media without the need to sell anything. In his article, we will help show you the things that can help you make money on social media.Why Small Businesses Should Use Social Media to Increase Income. As part of a marketing strategy, social media can help your small business interact with customers. With social media sites like Facebook, Twitter, Instagram, LinkedIn, and Pinterest you can build brand awareness, increase your customer base, increase sales, and connect with current and potential customers.You expand your reach through social media: with an estimated 4.2 billion social media users, companies are capitalizing on it. You can use Instagram or Pinterest to showcase your products or even advertise your products and services.More and more people are Buying on social media: By adding ‘buy’ buttons on their social platforms to generate more sales. This is because customers can buy directly without ever leaving the social media platform they are on.Help create real connections with your brand: Through social media, you can create real human connections with your brand. With it, you can introduce your customers to your brand story as well as showcase the benefits of your products and services.Drive traffic to your website/online store: Through social media posts and ads, you can drive traffic to your website or your online store. By sharing some great content from your website to your social channels you can encourage click-throughs.Generate leads: Through social media, you can help increase lead generation by increasing interest among potential customers.14 Best Ways to Make Money on Social Media. There is a lot of money to be made through employing social media business ideas. People are making a living without selling a single product. Those who have a large social following can use their profiles to get paid by brands, sell their knowledge, offer consultations, and more. Below are some ways where you can learn how to make money on social media.1. Promote your Small Business Products and Services on Social Media. Social media accounts can help you interact with others by sharing and creating content through communities. With it, you can promote your brand and business; tell customers about your goods and services; find out what customers think of your business; attract new customers, and build stronger relationships with existing customers.Promoting your business through social media platforms is cost-effective. You can use it to promote and drive traffic to your online store and also supplement sales to your brick and mortar sales.2. Sell Digital Products Using Your Social Media Channels. Besides promoting your business social media can be used to sell digital products as well. A nifty way to make money is through selling digital products simply through social media. Unlike websites, social media platforms are designed to help you sell digital products with little fanfare within just a few minutes.Plus, if the product you sell is digital you don’t have to worry about shipping or even inventory. With digital products such as templates, software, eBooks, photography, music and so you can sell them an unlimited number of times with little effort.3. Join Networks and Promote Affiliate Products. You can also expand your reach to potential customers by joining networks and make money through affiliate marketing. Through affiliate marketing, you can earn money by just adding tracked affiliate links into the text of your social media content. By joining affiliate network programs, you stand to get paid in commissions for new leads or sales you bring when visitors click on the links.4. Sell Your Music on Soundcloud. If you are creatively inclined you can sell your music through SoundCloud. Here you can sell your original music through SoundCloud if you sign up on the platform’s SoundCloud Pro or Pro Unlimited subscriptions. You get unlimited upload time, get paid for your plays, access to advanced audience insights, and more.5. Collaborate with Brands. Social proof is the new word of mouth, more and more consumers today trust influencers over paid advertisements. Thanks to their huge following, bloggers today can talk directly to a company’s target audience. From posting product reviews, hosting video tutorials, bloggers have the power to influence large segments of consumers. If you have a unique niche, you can showcase your expertise to make your blog stand out while also collaborating with brands that might be tied to your niche in the process. Brands will benefit as their customers yearn for honest messages that speak to them from a user’s perspective.6. Earn Money Through Selling Coaching Services. If you have a unique set of skills or are passionate about something perhaps you can offer coaching services. Many people are looking for self-development or learning new skills. You can tap into this demand if you have a specific niche that is of value to other people.7. Make Money with the YouTube Partner Program. Through blogging, you can unlock your YouTube channel’s earning potential as well. By joining the YouTube Partner Program (YPP) you not only get a strong platform but also access YouTube’s resources and features which includes getting access to ads being served on your content. However, you will need to keep in mind that you will need to get lots of views and clicks on YouTube to make meaningful revenues from your content.8. Sell Rights to the Images on Your Social Media Accounts. If you have some great pictures or digital artwork of yours that people are interested in purchasing then you can use social media account to connect with people interested in purchasing your creations.9. Join Influencer Networks. There are many ways to make money on social media. Sponsored posts are just one way that bloggers can earn an income from their blogs. Brands today are looking for influencers to market their products to their followers in an authentic way. Here influencer networks are a great way to start in sponsored posts and paid social sharing opportunities. If you are early on in your blogging experience it might be easier for you to start with using influencer marketing which are third-party agencies that will do the hard work for you.These networks will help connect you to brands and acts as a middle man so you don’t have to be in direct contact with them yourselves.  This will potentially help open doors for you and give you sponsored post experience that you can include in your blogger resume. Influencers or bloggers will sign up to work with a network, and brands who work with that network have access to analytics regarding campaigns run within that single network of influencers. Some networks may require you to only work with them exclusively. Some influencer networks include:See Also: Is Social Media Customer Care Already on the Decline?izeaCreatorIQUpfluenceAspireIQLinqia10. Run a Facebook Group. Facebook offers you a huge reach complements to its over 2 billion active monthly users. By creating Facebook groups of your own can be an inexpensive and effective way to reach your target audience. It helps you build a community around common interests or goals and drive can even help drive traffic to your blog or website.11. Manage a Social Media Account for Another Business. In today’s market place no business can afford to overlook the value social media presents to your business’ success. If you are a successful blogger and can create content that lots of people enjoy and follow, you can use it to help other businesses in their social media outreach. You can use your talent to make a tidy sum on the side by offering social media management services in some you could earn somewhere between $14 to $ 35 an hour.12. Charge for Sponsored Posts. Companies and brands are ever more looking for social proof to market their goods and services. You can help them achieve these by producing sponsored content. This is could be by way of product reviews, promotions, backlinks to a sponsor’s website but always remember to let your audience know that you are offering paid content. In terms of payment, several factors can play out that include your reach; your niche, and whether your posts include images, videos, and audio.13. Advertise as a Blog Content Writer. You can also offer your services as a blogger by opting for social media advertising as well. For example, Google and Facebook ads offer an inexpensive option to get your targeted advertisement for your marketing needs as a blogger.14. Become an Influencer. You can also try your hand as an influencer. An influencer is someone 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. Brands are more than willing to pay social media influencers as they help create trends and encourage their followers to buy products they promote.Top Tips to Get More Social Media Followers and Drive Sales. It can be difficult to gather a huge following. As a blogger, you can only monetize your content when you have a huge following. When done right you can easily generate a good following and built a reputation of a captivated audience. Below are some tips to get more social media followers and drive sales.Choose a Specific Niche and Target Audience. Your blog’s success depends on you finding your passion and create compelling content. Not only that your niche should not have too much competition as your blog will need to compete against highly rated sites. You should also avoid focusing on a smaller niche with little or no demand as it will impact your potential following. Look to strike a balance between an overdone niche and one with little room for growth. Choose a subject that you are knowledgeable about and one that people can take insights from.Here you will also need to get an accurate picture of your target audience are whether in terms of age, level of knowledge of the subject matter, and other factors to make an impact.Focus on a Single Social Media Platform. To start you will need to focus your content on a single social media channel or risk not capturing the right amount followers to make your blog worth looking into. You will need to identify your target reader and then identify the social networks that they prefer. If your blog post is geared more towards professionals and businesses you might want to consider using LinkedIn. If your target followers are more visual you may sway towards Instagram or Pinterest.Increase Engagement Rates. Part of increasing your fan base is to get more engaged followers. Make sure that your content is important enough or interesting enough that people share, link to, like, and even comment on them. Make sure to reply to comments as well as collaborate with other content creatorsBuild Trust. Building trust takes time. For readers, it is the little things that get them to trust you. It falls on your track record of creating useful content that serves them, and the consistency and reliability of your content.Offer Free Products. Nothing attracts people more than free stuff. Offer up promotional coupons, free templates, how-to guides, and other useful stuff to ingrate yourself with your audience.Create Content Regularly to Build Social Media Presence. You will need to regularly churn out content that readers need. Set out a calendar for your content production and regularly and consistently produce content.Use the Right Hashtags. Hashtags are important as it helps direct more followers to your blog. Posts with hashtags have higher rates of engagement. Makes sure that the hashtags are funny, interesting, easily recalled, and in good taste.Provide Valuable Content. Never forget that readers come to you because you offer them something that they need. So create content that is of value to your reader and an easy way to do this is to think from your readers’ perspective.Use Analytics to Understand Your Audience. Use social media analytics to understand your audience. Through it, you get insights on who your followers are to tweak your content to align with their needs. Also, use Search Engine Optimization (SEO) technics to maximize your audience and income with ad sales.Have a Social Media Strategy. You will need a social media strategy to help drive more traffic to your own website or blog. If done right a huge bulk of your readers can come from social media networks as such formulate a social media strategy that helps boosts your traffic.What social media platforms can you make money on?Twitter: you can make money by tweeting as a ghostwriter, affiliate marketing, sell products, or work as an influencer.Instagram: you can make money by partnering with a brand, push affiliate links, get revenue from ads played on their IGTV videos.Pinterest: you can make money by promoting a brand, promote affiliate products, sell your productsFacebook: You can make money by promoting other brands, affiliate marketing, sell your products.LinkedIn: You can make money by placing ads for brands, use affiliate links and sell your products and services.YouTube: You can use this platform to post video content of yours, affiliate marketing, sponsored posts, collaborate with brands.How many followers do you need on social media to make money?To start monetizing from your social media you will need to have a huge following. For example, with Instagram, you need a minimum of 5,000 Instagram followers and 308 sponsored posts a year to generate $100,000. Youtubers will need at least 1,000 subscribers and 4,000 watch hours in the past year to start earning. With Facebook, you will need to have at least 10,000 followers and 30,000 +1 minute views.Image: Depositphotos Comment ▼Editor's PicksPA Marketing Company Launches Livestreaming Social Media Talk ShowWhy and How to Use Social Media for Content Promotion68 Percent of Millennial Small Business Owners Rely on Social Media for Brand PromotionIs Social Media Customer Care Already on the Decline?New dodl.es App Will Bring Simple Animation to Your Social Media MarketingSmall Business Payroll Made Easy Sponsored by Roll by ADPSamson HaileyesusLinkedInFacebook Samson Haileyesus is a staff writer for Small Business Trends and has several years of progressive experience in media, communication and PR working with government, NGOs and private sector. He is passionate about public outreach, branding, media relations and marketing.report this ad© Copyright 2003 - 2021, Small Business Trends LLC. 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[tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 2 [name] => Set up an Instagram Shop . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Difficulty: Easy. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Requirements: Instagram Business account and ecommerce catalogue. [tag] => h3 [children] => Array ( ) ) ) ) [2] => stdClass Object ( [level] => 2 [name] => Promote Affiliate Products . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Difficulty: Easy. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Requirements: A blog and/or strong writing skills. [tag] => h3 [children] => Array ( ) ) ) ) [3] => stdClass Object ( [level] => 2 [name] => Join the Influencer Community . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Difficulty: Medium. 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[tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Difficulty: Easy. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Requirements: Online store. [tag] => h3 [children] => Array ( ) ) ) ) [7] => stdClass Object ( [level] => 2 [name] => Monetize Your Music on SoundCloud . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Difficulty: Easy. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Requirements: An online store to sell downloadable products. [tag] => h3 [children] => Array ( ) ) ) ) [8] => stdClass Object ( [level] => 2 [name] => Which Method is Right for me? . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => The best ways to make money on social media are:. [tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => About Dan Barraclough. [tag] => h4 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 4 [name] => Related Posts. [tag] => h4 [children] => Array ( ) ) ) ) ) ) [9] => stdClass Object ( [level] => 2 [name] => Leave a comment . [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://images.websitebuilderexpert.com/wp-content/uploads/2020/04/04081708/CPT-632_WBE-featured-image-How-to-Make-Money-on-Social-Media.jpg ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => How to Make Money on Social Media: Turn Tweets Into Cash Last updated on October 11, 2021 by Dan Barraclough in Grow Online | Comments {0} Our independent research projects and impartial reviews are funded in part by affiliate commissions, at no extra cost to our readers. Learn more With 3.8 billion active users, social media is a goldmine of opportunity. We can’t physically dig for you, but we can show you seven of the best places to bring your pick and shovel. That’s right – with our tailored tips, you can start earning from where you’re sitting right now.Learning how to make money on social media doesn’t need to be tricky, because our digital marketing tips are for everyone. Whether you’re a social media newbie or tech powerhouse, you’ll find a money-making method to suit your style, along with our very own difficulty metric to help you decide which paths to pursue.The best ways to make money on social media are:. Set up an Instagram ShopBegin Affiliate MarketingJoin the Influencer CommunityBecome a Social Media ManagerStart a YouTube ChannelPromote Your Art on PinterestMonetize Your Music on SoundCloudWithout further ado, let’s find out how you can make some social media money…. 1 Set up an Instagram Shop . Go to the top Difficulty: Easy. Requirements: Instagram Business account and ecommerce catalogue. Hoarding clothes in your wardrobe? Stuck with leftover stock from your closed brick-and-mortar shop? Either way, you’ve got dollars lying around the house.In 2019, Instagram launched its Checkout feature. Alongside the Shopping tool (used to direct shoppers to your own online store), Checkout has made it even quicker and easier to make money on social media. With this feature, users can buy your products directly through the platform. Checkout has proven popular, with 130 million Instagram users tapping on shop posts each month.Opening an Instagram shop is easy, particularly if you already own an ecommerce store. All you have to do is set up an Instagram Business account, then connect your catalogue to Instagram. Don’t just take our word for it – check out the official Instagram shop setup guide to see just how easy it is.Don’t have an online store already? No problem. You can create one quickly and easily using Shopify, Instagram’s official ecommerce partner. Also, seeing as the Checkout feature keeps the user on Instagram, you don’t even need to build a whole website for your ecommerce store – you just need a catalogue of products to sell. You can now sell products directly from Instagram, making it quicker and easier to make money 2 Promote Affiliate Products . Go to the top Difficulty: Easy. Requirements: A blog and/or strong writing skills. No products to sell? No problem. You can use affiliate links to direct social media users to another website, earning commission for each click or sale completed via your link. It’s one of the most popular ways to make money on social media, and one of our favorite online business ideas.The easiest way to start your affiliate career is through Amazon. You can review Amazon products, then direct your social media followers to that product page via an affiliate link – earning up to 10% for each sale.To become a successful affiliate marketer, it’s best that you start a blog to review and discuss affiliate products. You can then share your blog post on social media channels to gain maximum exposure.When writing your review, it’s best to remain transparent with your readers, and not be afraid to mention aspects that you don’t like about the product or service. Building trust is essential for making money on social media, so don’t break it! Amazon has millions of products that you could promote on your own website through affiliate links 3 Join the Influencer Community . Go to the top Difficulty: Medium. Requirements: 1,000+ Instagram followers. Let’s say you’ve been sharing content on social media related to your chosen hobby – golf, for example – for a while now. Thanks to your steady flow of valuable golf content, you’ve built a loyal base of 1,000-20,000 followers who are interested in what you’re sharing.If you join an influencer community website, golf brands could start paying you to advertise their products to your social media followers. This is called influencer marketing. Or more specifically, ‘micro influencer marketing’, because you have fewer than around 20,000 followers.There are a number of influencer community websites, such as Stack Influencer, which make it easy to make money online as a micro influencer. However, this method isn’t viable for everyone – you need a relatively large and loyal follower base (i.e. users who engage with what you’re saying) in order to become an influencer. Joining influencer community websites will make it easier to get found online by brands 4 Become a Social Media Manager . Go to the top Difficulty: Hard. Requirements: Excellent writing skills. 91% of retail brands use two or more social media channels, while 81% of small to medium sized businesses use at least one social platform. With social media advertising becoming more popular than ever, the majority of companies will need help managing their social accounts.That’s where you (could) come in!Whether a startup needs a pro to help them grow, or a marketing department needs more hands on deck to build an advertising campaign on Twitter, you’ll find countless job roles online related to social media management.If you understand social trends and you’ve got snappy captions coming out of your ears, then this might be the perfect job for you. Seeing as the majority of us are working from home these days, you’ll first need to ensure your online resume is up to scratch before you start applying for your new job! You could turn your writing skills into money that pays your bills with a social media management role 5 Start a YouTube Channel . Go to the top Difficulty: Medium. Requirement: 1,000 YouTube channel subscribers. Across the world, people watch 1 billion hours of YouTube videos every day.  With viewership numbers like those, there’s no better place to make money on social media through vlogging than on YouTube. Just ask YouTube’s highest earner, Ryan, who brought in a record $22m in 2018.We’re not saying you’ll become a multi-millionaire like Ryan, but with YouTube paying $3-$5 per 1,000 video views on average, you could start earning a sizable income on the side. Usually, YouTube will start paying you once your channel has reached 1,000 followers, so get all your friends and family to share, share, share!To become a paid vlogger or video creator, all you need is a reasonable camera (most of the recent smartphones have killer cameras), a microphone, and an interesting topic to discuss on screen that your followers will love watching, liking, and sharing online.You can also join the YouTube Partner Program to access a wider range of monetization features, as well as a video creator support team. Here’s a quick snapshot of what you’ll need to do to be eligible for the Partner Program:Follow all the YouTube monetization policiesLive in a country or region where the Partner Program is availableHave more than 4,000 valid public watch hours in the last 12 monthsHave more than 1,000 subscribersHave a linked AdSense account YouTube places ads on your videos to help you monetize your passion online 6 Promote Your Art on Pinterest . Go to the top Difficulty: Easy. Requirements: Online store. What if we told you that you could turn your hobby into a part-time job – or even a full time job? Ambition never hurt anyone, after all.Anyway, now we’ve piqued your interest, you could start earning money through Pinterest by advertising your arts and crafts.You could also use any other visual social media channels, such as Instagram (remember the Checkout feature?), Facebook, or Twitter, but Pinterest is designed for showcasing your artistic tastes and talents. As a result, you’ll find the most appropriate customers on this platform.Whether you want to sell jewelry online through Pinterest, or sell fashionable furniture through Facebook, you’ll need to build an online store for your products in order to accept payments if you don’t have one already. We’d recommend using Shopify for selling on Pinterest, because it offers ‘buyable pins’ which you can simply attach to your photos, taking users directly to your catalogue of crafts. Cool, huh? You can take users from your Pinterest posts directly to your online store with ease 7 Monetize Your Music on SoundCloud . Go to the top Difficulty: Easy. Requirements: An online store to sell downloadable products. Hold your horses. We’re not saying you’ll become the next J Biebz, but you can still earn money through SoundCloud if you sign up to the Premier subscription, with the platform paying artists approximately $35 per 1,000 streams.Another option is to link your SoundCloud music to your online store, where you can then sell your songs as downloadable products. The majority of ecommerce website builders, like Wix Ecommerce or Shopify, will let you sell these types of products.Don’t have the time to build an online store? You can earn money directly through SoundCloud, but it’s a lot harder to become successful this way. For SoundCloud to start monetizing your songs, you’ll need to acquire 5,000 plays in the past month from a set list of countries. SoundCloud’s Premier subscription is designed to help you earn money from your music quickly and easily Which Method is Right for me? . Go to the top The money-making method you should choose will depend on a few things. First of all, though, let’s recap our list.The best ways to make money on social media are:. Set up an Instagram ShopPromote Affiliate ProductsJoin the Influencer CommunityBecome a Social Media ManagerJoin the YouTube Partner ProgramPromote Your Art on PinterestMonetize Your Music on SoundCloudWhich should you pick? Well, setting up an Instagram shop, promoting your art on Pinterest, and monetizing your music on SoundCloud will require an ecommerce store to sell products. You may already own one and you’re looking to promote your stock on social media, or you’ll need to create a new ecommerce store from scratch – which, as we’ve shown, can be easily done by using Shopify or Wix.Affiliate marketing and social media management are best suited to those of you with some writing experience, while vlogging on YouTube and selling your music on SoundCloud will demand hard work alongside heaps of creativity.However, anyone can make money on social media using any of these methods – you just need to set your mind to it and work hard (cliché, but true!), and you can soon turn your tweets into stone cold cash.That’s it from us! But, while you’re here, why not check out our 7-step guide to creating a social media strategy? We cover everything from goal-setting and understanding your audience, to creating a content calendar and optimizing your posts. Go check it out! About Dan Barraclough. I used to think website design was just for professionals. Because maybe like you, I have no coding or design experience. But, with the help of our expert researchers (and after testing every website builder myself), I can confidently guide you through on how to get the most out of each one. View all posts by Dan Barraclough → Related Posts. 10 Benefits of SEO for Ecommerce How to Scale Your Ecommerce Business in 2021 How to Sell Products Internationally How Long Does it Take to Develop an Online Course? How to Become a Shopify Partner Leave a comment . 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[description] => 13 simple ways to make money on social media [isAmp] => [date] => 27 Jul 2020 [organic_position] => 9 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => How To Make Money On Social Media - DigitalMarketing.org [serp_description] => 13 Ways To Make Money On Social Media · 1. Monetize Your Existing Audience · 2. Market Your Best Skills · 3. Become A Social Media Influencer · 4. [hostname] => digitalmarketing.org [canonical] => https://www.digitalmarketing.org/blog/how-to-make-money-on-social-media [h1] => Digital Marketing Blog [h2] => Array ( [0] => How To Make Money On Social Media [1] => 13 Ways To Make Money On Social Media [2] => Wrap Up [3] => Did You Like This? [4] => You Might Also Like [5] => How To Build The Perfect Facebook Ad Audience [6] => This article was originally published on Search Engine Journal and has been republished here with permission. One of the prime goals of advertising is to reach the right people as affordably as possible. The good thing... [7] => Use Content Marketing to Seed Your Lookalike Audiences in 3 Steps [8] => This article was originally published on Search Engine Journal and has been republished here with permission. Content marketing, when done right, can produce remarkable results for a business. This is precisely why an... [9] => Why Are Messenger Ads Super Effective And How To Create Ads That Actually Work [10] => This story was originally published on MobileMonkey and has been republished here with permission. In this article, we’re going to take a closer look at Facebook Messenger Ads — a little-explored type of Facebook ad... ) [h3] => Array ( [0] => 👉 ✅ Need More Views On Facebook? Want More Views On Your Videos? Learn How Here ✅ 👈 [1] => Follow these tips to make money on social media: [2] => 1. Monetize Your Existing Audience [3] => 2. Market Your Best Skills [4] => 👉 ✅ Want To Be An Influencer? Learn How To Become A Social Media Influencer Here ✅ 👈 [5] => 3. Become A Social Media Influencer [6] => 4. Create A Remarketing Audience [7] => 5. Create A Facebook Group [8] => 6. Use Social Media Advertising [9] => 👉 ✅ Thinking About Using Social Media Advertising? Here's Why You Should Be Using Facebook Ads In Your Business ✅ 👈 [10] => 7. Sell Your Products And Services [11] => 8. Explore Affiliate Partnerships [12] => 9. Have A Powerful Story [13] => 10. Run Sponsored Posts [14] => 11. Always Provide Value To Everyone [15] => 12. Stay Up To Date On Current Issues [16] => ⭐ Related Post: How To Close 40% Of High Ticket Sales [17] => 13. Be Consistent [18] => 👉 ✅ Need Help Coming Up With Content Ideas? Learn 3 Types Of Content You Should Be Creating Today ✅ 👈 [19] => Subscribe Here! ) [h2WithAnchors] => Array ( [0] => stdClass Object ( [text] => How To Make Money On Social Media ) [1] => stdClass Object ( [text] => 13 Ways To Make Money On Social Media ) [2] => stdClass Object ( [text] => Wrap Up ) [3] => stdClass Object ( [text] => Did You Like This? ) [4] => stdClass Object ( [text] => You Might Also Like ) [5] => stdClass Object ( [text] => How To Build The Perfect Facebook Ad Audience ) [6] => stdClass Object ( [text] => This article was originally published on Search Engine Journal and has been republished here with permission. One of the prime goals of advertising is to reach the right people as affordably as possible. 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[tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => 👉 ✅ Need More Views On Facebook? Want More Views On Your Videos? Learn How Here  ✅ 👈. [tag] => h3 [children] => Array ( ) ) ) ) [2] => stdClass Object ( [level] => 2 [name] => 13 Ways To Make Money On Social Media . [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Follow these tips to make money on social media:. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => 1. Monetize Your Existing Audience. [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => 2. Market Your Best Skills. [tag] => h3 [children] => Array ( ) ) [3] => stdClass Object ( [level] => 3 [name] => 👉 ✅ Want To Be An Influencer? Learn How To Become A Social Media Influencer Here  ✅ 👈. [tag] => h3 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 3 [name] => 3. Become A Social Media Influencer. [tag] => h3 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 3 [name] => 4. Create A Remarketing Audience. [tag] => h3 [children] => Array ( ) ) [6] => stdClass Object ( [level] => 3 [name] => 5. Create A Facebook Group. [tag] => h3 [children] => Array ( ) ) [7] => stdClass Object ( [level] => 3 [name] => 6. Use Social Media Advertising. [tag] => h3 [children] => Array ( ) ) [8] => stdClass Object ( [level] => 3 [name] => 👉 ✅ Thinking About Using Social Media Advertising? Here's Why You Should Be Using Facebook Ads In Your Business ✅ 👈. [tag] => h3 [children] => Array ( ) ) [9] => stdClass Object ( [level] => 3 [name] => 7. Sell Your Products And Services. [tag] => h3 [children] => Array ( ) ) [10] => stdClass Object ( [level] => 3 [name] => 8. Explore Affiliate Partnerships. [tag] => h3 [children] => Array ( ) ) [11] => stdClass Object ( [level] => 3 [name] => 9. Have A Powerful Story. [tag] => h3 [children] => Array ( ) ) [12] => stdClass Object ( [level] => 3 [name] => 10. Run Sponsored Posts. [tag] => h3 [children] => Array ( ) ) [13] => stdClass Object ( [level] => 3 [name] => 11. Always Provide Value To Everyone. [tag] => h3 [children] => Array ( ) ) [14] => stdClass Object ( [level] => 3 [name] => 12. Stay Up To Date On Current Issues. [tag] => h3 [children] => Array ( ) ) [15] => stdClass Object ( [level] => 3 [name] => ⭐ Related Post: How To Close 40% Of High Ticket Sales. [tag] => h3 [children] => Array ( ) ) [16] => stdClass Object ( [level] => 3 [name] => 13. Be Consistent. [tag] => h3 [children] => Array ( ) ) [17] => stdClass Object ( [level] => 3 [name] => 👉 ✅ Need Help Coming Up With Content Ideas? Learn 3 Types Of Content You Should Be Creating Today ✅ 👈. [tag] => h3 [children] => Array ( ) ) ) ) [3] => stdClass Object ( [level] => 2 [name] => Wrap Up. [tag] => h2 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 2 [name] => Did You Like This? [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Subscribe Here! [tag] => h3 [children] => Array ( ) ) ) ) [5] => stdClass Object ( [level] => 2 [name] => You Might Also Like. [tag] => h2 [children] => Array ( ) ) [6] => stdClass Object ( [level] => 2 [name] => How To Build The Perfect Facebook Ad Audience. [tag] => h2 [children] => Array ( ) ) [7] => stdClass Object ( [level] => 2 [name] => This article was originally published on Search Engine Journal and has been republished here with permission. One of the prime goals of advertising is to reach the right people as affordably as possible.  The good thing... . [tag] => h2 [children] => Array ( ) ) [8] => stdClass Object ( [level] => 2 [name] => Use Content Marketing to Seed Your Lookalike Audiences in 3 Steps. [tag] => h2 [children] => Array ( ) ) [9] => stdClass Object ( [level] => 2 [name] => This article was originally published on Search Engine Journal and has been republished here with permission.   Content marketing, when done right, can produce remarkable results for a business. This is precisely why an... . [tag] => h2 [children] => Array ( ) ) [10] => stdClass Object ( [level] => 2 [name] => Why Are Messenger Ads Super Effective And How To Create Ads That Actually Work. [tag] => h2 [children] => Array ( ) ) [11] => stdClass Object ( [level] => 2 [name] => This story was originally published on MobileMonkey and has been republished here with permission. In this article, we’re going to take a closer look at Facebook Messenger Ads — a little-explored type of Facebook ad... . [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://www.digitalmarketing.org/hubfs/Influencer%20marketing.jpg#keepProtocol [twitterImage] => https://www.digitalmarketing.org/hubfs/Influencer%20marketing.jpg#keepProtocol ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => Digital Marketing Blog Join thousands of digital marketers and get our email newsletter and updates delivered directly to your inbox! Go Back How To Make Money On Social Media. Tweet Posted by Gary Henderson on Jul 27, 2020 1:15:00 PM Social media has become the most popularly used forum by many users. As a result of the increased usage of these platforms, these virtual spaces have become a major source of income for some people. The easy access and the use of all social media networking websites have enabled people to utilize their inner talents and exhibit it on the internet to earn through these forums. Already existing businesses are also using social media forums and utilizing social media marketing to the fullest to expand their business and make it big, which is very much possible through these social media platforms. Whether you currently have a social media account or not, you can still utilize this opportunity of virtual marketing and increase your customer base and earn a lot of dollars through these social media forums. Here is a list of things that can help you with how to make money on social media.   👉 ✅ Need More Views On Facebook? Want More Views On Your Videos? Learn How Here  ✅ 👈.   13 Ways To Make Money On Social Media . Follow these tips to make money on social media:. 1. Monetize Your Existing Audience. A lot of businesses, influencers, YouTube stars, and entrepreneurs already have a social media presence. They have a dedicated audience that follows them, likes their work, and is interested in their products. If you are someone who already has a following but are still looking to make more business out of your social media accounts, all you need to learn is how you can use your existing audience and attract them enough to make the conversions.  The only possible way of doing this in a digitally competitive world is to create content that is super appealing for the audience, attract them, and eventually engage with your posts on any social media site. This will be your social media strategy that you will use to market your content and make your target audience help you achieve your goal. You also want to make sure that when doing anything with your audience online, that you are implementing the #R3MAT Method. The #R3MAT Method is when you show the right message to the right person at the right time with the right expectations.  2. Market Your Best Skills. When you are looking to make money on social media, it's important to identify your skills and use them to attract your ideal audience or your target market. The idea here is to impress your audience to a level where they would buy your products or help you generate revenue through sharing your videos because they like them.  For instance, if you feel like you can make some really cool videos, then use this skill and post those videos on social media platforms, like Facebook or YouTube. Discover your strengths and weaknesses, and use the best skill and sell it through amazing content on such forums. When people like your creativity and ideas, they share it with their friends, spreading your art through the same social networking platforms.  When you have good content, people will always come back.    👉 ✅ Want To Be An Influencer? Learn How To Become A Social Media Influencer Here  ✅ 👈.   3. Become A Social Media Influencer.   Becoming a successful social media influencer is the hot new trend right now, which means there is already a ton of competition. You will notice that there are many influencers present on Instagram and Facebook, who are increasing their following day by day and are also earning a lot through the different types of content they talk about, whether through a picture or the caption. While it may appear an easy task, don't just opt for it because you assume it's easy. It requires a lot of time and hard work to come up with great creative ideas, put them in the picture, and click interesting images that would attract your audience to come back again. That is the kind of art people are interested in. This pulls you back every time and forces them to click the follow button. If you feel that you have it in you to start an Instagram blog or become an influencer who could make a difference, you must go for it. Here are a few things you can talk about being an influencer. You can talk about spreading positivity, you can talk about fashion and styling, and you can even review books and talk about the best reads of the year. Influencing, in itself, has a broad range of options that you can choose from. You can choose any topic that you would like to work on; it could be you talking about your life, showing people how to design your house, or even reviewing food that you eat from different restaurants. You can choose depending on which is your strength, and then utilizing it to create something beautiful. 4. Create A Remarketing Audience. You cannot just expect the audience to keep watching your content after only one engaging blog post.  You need to strategize your content and examine what kind of content people connect with and then engage accordingly. Study your social media accounts and read through the different posts that have engaged most of your page. And try to recreate something even better so you can continue to move your ideal customer through the buyers journey in a smooth transition.  Remarketing your already existing audience will help you have healthier customer relationships with your current audience and grow real authentic relationships with the people who matter the most. Your audience will continuously grow when your page content and your product is good and keeps them coming back for more.     5. Create A Facebook Group.   Creating Facebook groups has seen a significant rise in the past few months. People are using these groups to market their own products and give other businesses a chance to display their products on your Facebook group. This is also a great place for you to build real relationships and connections with your ideal audience, people love a since of community and like-mindedness. A Facebook group should become a resource for the people in that group.   Considering how social media is being used for marketing products and attracting customers, such Facebook groups are handy advertising tools that can help you generate a good income through the sponsors and companies that choose to affiliate with you. 6. Use Social Media Advertising. From small home-based businesses to large scale firms, everyone can make the most of their social media presence through the right marketing strategies and using the right kind of social media advertising. If you want to increase the engagement on your social media account, then improve your quality of content and utilize the advertising tools to give the right message to the right audience at the right time.     👉 ✅ Thinking About Using Social Media Advertising? Here's Why You Should Be Using Facebook Ads In Your Business ✅ 👈.   7. Sell Your Products And Services. Use social media to connect with people interested in purchasing products you have to offer. Such forums have a huge pool of customers, and there are a lot of selling and buying groups that are used for this purpose. You can sell your services there and earn a pretty good amount of money. This is also a great time to look into influencer marketing. Make sure that you present your products and services most creatively and interestingly. You can use the Facebook live feature to show your product in real to the people who could become your potential buyers. If you are a home-based business, for instance, you belong to the catering business, then you should display all your products and services on your page in an excellent way, making your content appealing for the eyes of the visitors. Click authentic and professionally captured product images to help customers view your products in the first light and be impressed instantly. 8. Explore Affiliate Partnerships. Just to start with an example, here is an example of an affiliate partnership we have with Kartra.   Affiliations and sponsorships are another trending social media strategy. Businesses that are looking to market their brand and their product, affiliate with different people, and sponsor them, which puts their brand name on any campaign carried out by the partnered affiliation. The concept behind affiliation and sponsorship, like Amazon does, is to introduce a product to a broader market. For instance, a lot of Facebook groups are sponsored by other brands, giving the group owners a fee or providing free products that can be used as giveaways to make the audience of that group more interactive. It is a brilliant way of targeting a specific customer market as you would be reaching out to a larger group of people through such affiliations. 9. Have A Powerful Story. Having a powerful story to tell is what connects your audience on a more personal level. Whether you have millions of followers on social media platforms like Facebook or YouTube, it would make your business journey more meaningful when your audience can connect with you differently. And this can only be possible if you tell them more about yourself, why you started this venture, how you started this venture, and how your journey has been so far. To increase engagement on your page and increase interactions on social media pages, you need to talk to your audience. You need to talk to them through your posts, connect with them like they are your friends. And in fact, they are your friends who would eventually convert to your buyers if they feel happy after visiting your page. A more engaging audience means more traffic towards your page. And once a page has more traffic, the page has more chances of being rated in the top trending pages and making it easy for people to find you even when they are looking for something similar. 10. Run Sponsored Posts. We are lucky to be in an era where social media advertising is affordable and more effective than traditional marketing methods like printed marketing. All you have to do is use a few dollars to reach out to a larger audience within minutes, depending on the geographical and demographical audience that you choose. Make sure that when you are planning to make your social media presence stronger by creating extremely good content, do not let it go for waste by not using these Ad tools on Facebook and Instagram. Social media platforms like Facebook, Instagram, YouTube, and other mediums have a large user base, which you need to reach out to. This is the audience that will help you make your page, content, and business big. The larger audience you reach, the larger return on investment you would get. 11. Always Provide Value To Everyone. Being a business and selling a product or service on social networking websites, you should provide the best customer service. Social media is a platform to engage and connect with people. And this could be used accurately by businesses when they give value and importance to everyone who visits their page. Consider this as a rule of thumb that whoever visits your page, or asks you a question, you must respond in a very welcoming and polite manner. It would leave a great impression on your potential audience and would make them feel like coming back to your page for shopping. You would never recommend a business to someone if you have had a rude encounter from that business. Now being a business, you cannot afford such mistakes because word of mouth really matters. One bad word on social media about your business can get a lot of negative attention, and that is not our aim as a business that wants to grow. Therefore, be active on social media platforms, and reply to every query, even if you have to tell the price of the same product a hundred times. Your customers don't need you, as they can find someone else offering the same product, but you being the business, need an audience that would purchase your products. And to make this a better and more fruitful process, it is essential to give your customers the due importance that they deserve. 12. Stay Up To Date On Current Issues. ⭐ Related Post: How To Close 40% Of High Ticket Sales. You want to increase your sales? Then keep yourself updated about current issues ongoing in the world and keep posting content related to those events. It can be a great marketing strategy to be a part of what is trending the most on social media. Following the most trending hashtags, news, or activities can help your business become a part of the majority following that trend. Therefore, there would be a very good chance of you being in the 'Explore' section of Instagram, for example. Utilizing the current trending topics also gives a positive impression on the people who visit your social media pages, who get impressed by your informative posts. And because you might have more chances of being found by random people who were not even looking for your brand, but because you were talking about current issues, or had posts related to the current scenarios, they found you and liked what they saw. This is one of the marketing strategies that many influencers use, and as a result, reach out to a larger viewer base compared to topics that are not very current or trending. 13. Be Consistent. Consistency is the key to success for any business on social media forums. Whether you are an influencer, a YouTube star, a blog writer, a photographer, or a product or service provider: to achieve success and increase your customer base, you have to be active on your social media account. You have to be consistent in what you share. You have to show your audience that you are a professional and are focused on expanding your business. Thus, you are regular in sharing social media posts and engaging with your audience. If you compare two pages, selling the same product, the same price, but the only difference being that the second page has more content, more regular postings, more interaction and more engagement from their audience. Which one would you prefer? Of course, it would be the latter as a page that is more consistent in posting on their social media forums gets more attention from the audience. And this is exactly what you are looking for. When your audience is impressed by your regularity in posting, whether it is daily, weekly or monthly, as long as you as a business are consistent, the audience will be interested in engaging with your business. And more engagement will lead to more people following you on all of the social networking forums present.   👉 ✅ Need Help Coming Up With Content Ideas? Learn 3 Types Of Content You Should Be Creating Today ✅ 👈.   Wrap Up. People who like to write have become social media influencers and are making money through writing blogs. Some people are using forums like YouTube and Facebook to teach different DIY arts and crafts, and because of the various tools present on these social networking forums, they are earning a lot of money. And you can too if you get the right direction. A lot of people thought that posting on social media is the only thing that could help them make more money. But that is not it, businesses, entrepreneurs, bloggers, and freelancers need to put in more efforts to make their business or blog, flourish. While it is not a very easy task to do, it is not impossible either. So follow these simple tips to make your social media presence count.     Did You Like This? Get our email newsletter and updates delivered directly to your inbox! Subscribe Here! You Might Also Like. How To Build The Perfect Facebook Ad Audience. This article was originally published on Search Engine Journal and has been republished here with permission. One of the prime goals of advertising is to reach the right people as affordably as possible.  The good thing... . Read More > Use Content Marketing to Seed Your Lookalike Audiences in 3 Steps. This article was originally published on Search Engine Journal and has been republished here with permission.   Content marketing, when done right, can produce remarkable results for a business. This is precisely why an... . Read More > Why Are Messenger Ads Super Effective And How To Create Ads That Actually Work. This story was originally published on MobileMonkey and has been republished here with permission. In this article, we’re going to take a closer look at Facebook Messenger Ads — a little-explored type of Facebook ad... . 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[tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Thanks for applying! . [tag] => h3 [children] => Array ( ) ) ) ) ) [og] => stdClass Object ( [ogImage] => https://s3.us-east-2.amazonaws.com/aofund.org/app/uploads/2019/05/24232832/pexels-kerde-severin-1542252.jpg ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => How to Make Money on Social Media Expert advice on how to make money on social media for your small business. Why not take the opportunity to make a little extra cash? Share We know how important social media is for getting the word out about your business and connecting with your customers. But it’s good for more than those connections. You can also make money on social media! If you’ve never used social media for your business before, don’t be deterred about learning a new skill. Even technology beginners can master and use social media platforms to maximize their small business income. Here are a few simple-to-implement, actionable tips for how your small business can make money on social media. 1. Earn Commissions Through Sponsored Posts. One way your small business can earn money from social media is by promoting the products or services of other businesses. This is known as “sponsored posting” and it’s a direct way to make money on social media. A brand will sponsor posts to show up on relevant pages, and when a user clicks on that ad, you get paid. This is a good way to leverage a large following on social media. Most social media platforms have a sponsored post setup. Twitter even has a direct link to sign up for their sponsored posts. Visit Sponsored Tweets to match your company with relevant topics and start earning money with each relevant tweet. Amazon makes it simple to promote affiliate products through its Amazon Associate program. Each time a sale is made from the link you share, Amazon pays you a small percentage. For more information on getting started with the Amazon Affiliate program, visit their webpage. 2. Get Paid for Reviewing Affiliate Products. Another way to make money through social media is by reviewing affiliate products. Companies will seek out reviews from other companies with similar customer bases, and they’ll pay for them. For example, say you run a salon. A shampoo company might ask you to publish a review of their newest product on your blog. They get their brand in front of new customers and you get paid. One caveat: The law requires all affiliates to disclose their affiliate relationships. For more on this law, review FTC Affiliate Disclosure – Ultimate Guide. Disclosing sponsored posts isn’t just the law, it’s also a good business practice that promotes honesty with your followers. 3. Sell Your Own Products or Services. Another way to use social media to make money for your small business is by selling your own products. You can turn your social media accounts into a sales funnel for your businesses’ products or services. In fact, some social media sites allow you to turn your social media accounts into virtual online stores. For more information on how to sell your products or services online, visit Business News Daily’s article 7 Social Media Selling Solutions for Small Businesses. Explore which platforms are the best fit for your own small business sales and marketing needs and then track numbers to record sales. 4. Get Paid to Share Your Knowledge. If you have a niche business or sell a service, then you can make money through YouTube. Jason Parks, owner of social marketing agency The Media Captain says, “Creating ‘how-to’ content on a niche topic can earn you money on social media…I worked with a tennis pro who created a simple YouTube video, ‘How to Hit a Faster Tennis Serve.’ We monetized the video (which now has over 150,000 views), and he gets money based on the overall view count. We have also created other videos after the success of the initial video. While the tennis pro can’t quit his day job, the extra money into his bank account definitely doesn’t hurt.” You’ll need to set up your videos to allow ads to show up and you’ll get paid based on the number of times those ads are viewed. More video views mean more ad views, which means more money. Getting Started. You already have a business to run, so it can seem a little overwhelming to start setting up a social media model on top of it. But you don’t need to do it all at once. You can start out with Facebook and then expand your small business social media presence to other relevant social media platforms. Why do we recommend starting with Facebook? It’s a simple numbers game. Currently, Facebook is the most popular social media platform, with approximately two billion reported users. Additionally, Facebook is very user-friendly. The Trick Is Staying Active. No matter how your small business uses social media, social media experts say that the fundamental rule of business social media is staying active. If you have a business Facebook page but the last post is from six months ago, your followers will lose interest. In order to make money from social media, you have to make sure the followers keep coming. According to Clutch, “Forty-one percent (41%) of small businesses share content and/or engage followers multiple times per day, while another 23% do so once per day.” There is no magic formula for the number of times you should post per day, so you should experiment with what your audience responds to. Keep your content current, on-trend, and timely, and your followers will check in periodically to make sure they’re not missing anything. “Content” doesn’t have to mean a blog post or a feature-length film, either. It can be as simple as a photo of one of your products or a quick comment on the weather. It’s all about letting people know you’re still around. For more expert tips on how to maximize fresh social media business content, visit our resource Small Business Marketing: Social Media Content and Strategy. Every Little Bit Helps. In general, social media isn’t going to produce a huge amount of income. However, it’s a low-cost and relatively low-effort way to build in some extra cash flow. And that’s in addition to all of the less immediate benefits you get from connecting to your customer base, growing awareness of your brand, and building relationships with other brands in related industries. If you’re on social media anyway, why not take the opportunity to make a little extra cash? Apply for a Loan . Get Started Close Application Modal Get Started . Loans from $5,000 - $100,000 with transparent terms and no prepayment penalty. Tell us a little about yourself, your business and receive your quote in minutes without impacting your credit score. Thanks for applying! . 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[description] => This Lickd.co calculator shows you how many social media followers you need on YouTube, TikTok and Instagram to make money [isAmp] => [date] => 30 Apr 2021 [organic_position] => 12 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => Here's how many social media followers you need to make ... [serp_description] => An influencer with over a million followers can reportedly make more than $250,000 per post from brands. To make money on Instagram, switch your ... 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[tag] => h2 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 2 [name] => Instagram. [tag] => h2 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 2 [name] => TikTok. [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://image.cnbcfm.com/api/v1/image/106875382-1619642189409-gettyimages-1230790445-AFP_8ZE28W.jpeg?v=1624309052 ) [schema_type] => Array ( [0] => NewsArticle ) [comment_questions] => Array ( ) [body] => Here's how many social media followers you need to make $100,000Published Fri, Apr 30 202111:48 AM EDTUpdated Thu, May 20 20216:08 PM EDTJade [email protected] Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTikTok influencers Florin Vitan (L) and Alessia Lanza perform a video for the social network TikTok in the "Defhouse", a TikTok influencers incubator in Milan, on January 21, 2021.MIGUEL MEDINA | AFP | Getty ImagesSocial media influencers can make big money on platforms such as TikTok, YouTube and Instagram. But it all depends on followers and views.While big stars like Dwayne "The Rock" Johnson, Kylie Jenner and soccer star Cristiano Ronaldo, (who each have well over 200 million followers on Instagram), can pull in more than $1 million per post, according to Instagram analytics tool company Hopper HQ, everyday influencers don't need as many followers as you may think to make some cash.According to a new "social salary" calculator from music licensing platform Lickd.co, here's how many followers you need on YouTube, Instagram and TikTok to generate $100,000 in earnings.To calculate the estimates, Lickd.co used data from Influencer Marketing Hub's YouTube Money Calculator, Creator agency SevenSix's influencer pricing report and influencer branding platform SocialPubli's blog post on "How many followers do you need on TikTok to get paid?"YouTube. According to the calculator, You need a minimum of 1,000 YouTube subscribers and about 24 million yearly views to generate $100,000.In order to make money on YouTube, you need to be enrolled in YouTube's Partner Programme (YPP), which allows you to make money through ads on your videos. To join YPP, an influencer needs at least 1,000 subscribers, accumulated more than 4,000 "valid public watch" hours in the last 12 months and have a linked AdSense account, according to YouTube.Influencer Marketing Hub's YouTube calculator estimates that the average YouTuber generates $7.60 per 1,000 views with 45% of that revenue going to Google.Instagram. You need a minimum of 5,000 Instagram followers and 308 sponsored posts a year to generate $100,000.That may be easier than you think: A recent HBO documentary showed how everyday people can manipulate Instagram and other platforms to become famous online influencers.An influencer with over a million followers can reportedly make more than $250,000 per post from brands.To make money on Instagram, switch your account to a professional account and select business.TikTok. You need a minimum of 10,000 TikTok subscribers and over 270 million views a year to generate $100,000.TikTok, like YouTube, has a partnership program called the TikTok Creator Fund. To be eligible, creators need to be based in either the U.S., U.K., France, Germany, Spain or Italy, be at least 18 years old, and have at least 100,000 followers and a least 100,000 video views in the last 30 days. The account also has to be aligned with TikTok's community guidelines and terms of service.To find out how much money your followers can get you on various social media platforms, you can use Lickd.co's calculator.Don't miss: TikTok megastar Josh Richards on how he got 20 million followers, and why he’s leaving the appVIDEO4:5204:52How Josh Richards became a TikTok star making nearly $1,000 a minuteSuccess [kwBody] => Array ( [0] => stdClass Object ( [term] => follower [tf] => 11 ) [1] => stdClass Object ( [term] => tiktok [tf] => 10 ) [2] => stdClass Object ( [term] => influencer [tf] => 9 ) [3] => stdClass Object ( [term] => youtube [tf] => 8 ) [4] => stdClass Object ( [term] => million [tf] => 7 ) [5] => stdClass Object ( [term] => instagram [tf] => 7 ) [6] => stdClass Object ( [term] => post [tf] => 6 ) [7] => stdClass Object ( [term] => money [tf] => 6 ) [8] => stdClass Object ( [term] => platform [tf] => 5 ) [9] => stdClass Object ( [term] => generate [tf] => 5 ) [10] => stdClass Object ( [term] => social [tf] => 4 ) [11] => stdClass Object ( [term] => article [tf] => 4 ) [12] => stdClass Object ( [term] => calculator [tf] => 4 ) [13] => stdClass Object ( [term] => 1000 [tf] => 4 ) [14] => stdClass Object ( [term] => view [tf] => 4 ) [15] => stdClass Object ( [term] => account [tf] => 4 ) [16] => stdClass Object ( [term] => million follower [tf] => 3 ) [17] => stdClass Object ( [term] => media [tf] => 3 ) [18] => stdClass Object ( [term] => video [tf] => 3 ) [19] => stdClass Object ( [term] => star [tf] => 3 ) [20] => stdClass Object ( [term] => lickdco [tf] => 3 ) [21] => stdClass Object ( [term] => 100000 [tf] => 3 ) [22] => stdClass Object ( [term] => creator [tf] => 3 ) [23] => stdClass Object ( [term] => minimum [tf] => 3 ) [24] => stdClass Object ( [term] => subscriber [tf] => 3 ) [25] => stdClass Object ( [term] => year [tf] => 3 ) ) [page_rank_decimal] => 69 [rank] => 217 ) [12] => stdClass Object ( [position] => 13 [title] => How Facebook (Meta), Twitter, Social Media Make Money From You [url] => https://www.investopedia.com/stock-analysis/032114/how-facebook-twitter-social-media-make-money-you-twtr-lnkd-fb-goog.aspx [destination] => https://www.investopedia.com › ... › Company Profiles [description] => If you’re not paying for the product, the product is you. 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[tag] => h3 [children] => Array ( ) ) ) ) ) [og] => stdClass Object ( [ogImage] => https://www.investopedia.com/thmb/sltkBQlx0Bds7ZHVRQjckFM5fk8=/2121x1414/filters:fill(auto,1)/GettyImages-1256442767-c11cffce58b34647a539eae6da7b1300.jpg [twitterImage] => https://www.investopedia.com/thmb/sltkBQlx0Bds7ZHVRQjckFM5fk8=/2121x1414/filters:fill(auto,1)/GettyImages-1256442767-c11cffce58b34647a539eae6da7b1300.jpg ) [schema_type] => Array ( [0] => Array ( [0] => Article ) ) [comment_questions] => Array ( ) [body] => How Facebook (Meta), Twitter, Social Media Make Money From You Advertising is the key to how social media companies earn revenue. By Greg McFarlane Full Bio Greg McFarlane is a financial writer and co-founder of ControlYourCash.com. He is also the co-author of Control Your Cash: Making Money Make Sense. Learn about our editorial policies Updated November 04, 2021 Fact checked by Vikki Velasquez Fact checked by Vikki Velasquez Full Bio Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area. Learn about our editorial policies Company Profiles How Companies Make Money Startups Unicorns IPOs Table of Contents Expand Making Money Through Advertising Meta Advertising How WhatsApp Helped Meta Social Media's Real Purpose Meta and Money From Profiles Types of Meta Advertising Money From Meta Views The Bottom Line An astounding number of people use social media each day, so it's a fair question to ask, "How do social media companies make money while offering so many free services?" As of Q3 2021, Meta (FB), formerly Facebook, had 2.91 billion monthly active users, an increase of 7.18% from the same period the year before. Twitter (TWTR) stopped reporting monthly active users, but the last count in Q1 2019 was 330 million, while LinkedIn had about 310 million monthly active users as of Q2 2021. On October 28, 2021, Facebook Inc. changed its name to Meta Inc. and will change its stock ticker from FB to MVRS effective Dec. 1, 2021. Such volume is the short answer to the question of how these companies are making money. But that doesn't tell the whole story. Here we explain exactly how the top powerhouse social media companies translate all that volume into cash. Key Takeaways. The primary way social media companies like Meta (formerly Facebook) and Twitter make money is through selling advertising.The concept of selling advertising while offering a free service is not new; television, newspapers, and media companies have been doing this long before social media companies existed.Meta has 2.89 billion monthly active users worldwide and estimates the average revenue per user (ARPU) was $32.03 in 2020.Meta's ARPU comes primarily through profits earned from advertisers who use the platform to reach customers. Making Money Through Advertising . This isn’t a unique observation, but it’s a crucial one: If you’re not paying for the product, the product is you. The real transaction here isn’t you receiving enjoyment in the form of a free temporary distraction created by a media company at great expense, but rather, that media company renting your eyeballs to its advertisers. For many people, that truth manifests itself most clearly in the television industry. CBS doesn’t come up with a new episode of NCIS every week strictly to please you, the demanding viewer with a limitless capacity for being passively entertained. It’s because you and 12 million other people will watch that episode, and thus pay at least subconscious attention to the 16 minutes of commercials that are interspersed throughout it. For a car manufacturer or fast-food restaurant, there are few more efficient ways to grab customers’ attention, something CBS and its rival networks are well aware of. Media companies are interested in pleasing the brewer before the viewer. Meta Jumps on the Advertising Bandwagon . For social media, the importance of the number of viewers glued to their computer or smartphone screens is every bit as important (if not more so) as it is to commercial television. There’s a reason why Meta’s 10-K filing with the U. S. Securities and Exchange Commission (SEC) uses the acronym ARPU, as in average revenue per user. Meta's ARPU at the end of 2020 was $32.03. Multiply that by the aforementioned estimated user base for Q3 2021 to get an approximation and now you can understand why Meta has a market capitalization of over $1 trillion. When Meta founder Mark Zuckerberg went looking for a chief operating officer in 2007, it’s no coincidence that he selected not an engineer nor a technologist but a vice president with a background in advertising sales. Sheryl Sandberg had spent 6.5 years selling advertising as a vice president at Google (GOOG). Since its initial public offering (IPO) in 2012, Meta's stock price has jumped from about $38 per share to $331.62 per share as of Nov. 4, 2021; an increase of 772.7%. How WhatsApp Helped Meta Generate Revenue . Growing Meta’s user base to the point where it reached critical mass was obviously important to the company’s operations, but only to the extent that it provided something to attract advertisers. To an uninterested observer, committing $19 billion to acquire the texting application WhatsApp might sound like the height of dot-com-era hubris and recklessness. But it wasn't. WhatsApp boasts over 2 billion monthly active users, which to Meta management means an even greater stock of susceptible minds to sell as a unit to companies looking to, for instance, move a few more smartphones this quarter. Every acquisition Meta has made since, whether it was $1 billion for Instagram or $19 billion for WhatsApp, was conducted with the same goal in mind. Social Media's Real Purpose . Advertising isn’t just a way for Meta and its ilk to perhaps earn a little bit of revenue in between hosting family photos and personal musings. It’s the very purpose of the site’s existence, and the same goes for Twitter and LinkedIn. In 2020, Meta's advertising revenue was $84.2 billion. Twitter’s status as a place to find instant, unfiltered, democratized updates on everything from celebrity arrests to international civil unrest might make it important to the modern exchange of ideas, but again, that’s secondary to keeping the advertisers happy. Take Twitter’s word for it, directly from one of its SEC filings. The company’s forward-looking statements concern: "Our ability to attract advertisers to our platform and increase the amount that advertisers spend with us." and "Our ability to improve user monetization, including advertising revenue per timeline view." Does Meta Make Money From My Facebook Profile? Meta does not make money directly from any content that you post. This includes photos, videos, text posts, or any other form of communication. Meta only makes money by placing advertisements throughout its platform that are paid for by companies or individuals. What Types of Advertising Does Meta Use to Make Money? The main types of advertising Meta uses are self-serve advertising, targeted advertisements, Facebook Messenger ads, video ads, Facebook Mobile, and data generation. How Much Money Do One Million Facebook Views Make? On average, a video on Facebook with one million views can earn you $1,000. Depending on the CPM rate, you can possibly earn over $1,500. The Bottom Line . From the consumer’s perspective, advertising was originally a way to enjoy a finished product at a notably reduced cost. Without inserts and placements, the newsstand and subscription prices of magazines and newspapers would have to be a multiple of what they are now. In fact, such publications would not be economically viable at all; the rise in price would necessarily reduce the quantity sold to practically zero. The same applies to broadcast television and most of all to social media sites. In theory, Meta could just charge that $32.03 average worldwide revenue per user directly to the user, on a subscription basis. The problem is that not only would users either cancel their accounts by the millions—or never agree to pay the subscription fee in the first place—setting a fee would also eliminate the possibility of further dynamism and growth. For a social media site to go from 100 million users to 2.91 billion and beyond, access has to be easy, almost effortless, and most of all, free. Using an advertiser-supported model, rather than charging each user individually, is unquestionably the easiest way for Meta to garner as many users as possible. The more users on the site, the greater the number of advertisers willing to engage them, and the more those advertisers are willing to spend. This makes for the most virtuous of circles for Meta’s management and shareholders. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Statista. "Number of Monthly Active Facebook Users Worldwide as of 3rd Quarter 2021." Accessed Nov. 4, 2021. Omnicore. "81 LinkedIn Statistics You Need to Know in 2021." Accessed Nov. 4, 2021. Statista. "Number of Monthly Active Twitter Users Worldwide From 1st Quarter 2010 to 1st Quarter 2019." Accessed Nov. 4, 2021. Meta. "Introducing Meta: A Social Technology Company." Accessed Nov. 4, 2021. U.S. Securities and Exchange Commission. "Form 10-K, Facebook, Inc., For the Fiscal Year Ended December 31, 2020," Page 4. Accessed Nov. 4, 2021. Yahoo Finance. "Facebook, Inc. (FB)." Accessed Nov. 4, 2021. Statista. "Facebook's Average Revenue Per User (ARPU) From 2012 to 2020." Accessed Nov. 4, 2021. The New York Times. "Facebook Hires Google Executive as No. 2." Accessed Nov. 4, 2021. Nasdaq. "FB Historical Data." Accessed Nov. 4, 2021. Meta. "Facebook to Acquire WhatsApp." Accessed Nov. 4, 2021. Statista. "WhatsApp - Statistics & Facts." Accessed Nov. 4, 2021. The New York Times. "Facebook Buys Instagram for $1 Billion." Accessed Nov. 4, 2021. Statista. "Facebook's Advertising Revenue Worldwide from 2009 to 2020." Accessed Nov. 4, 2021. U.S. Securities and Exchange Commission. "Twitter, Inc. Form S-3 Registration Statement," Page 37. Accessed Nov. 4, 2021. Business Insider. "How Much Facebook Pays for 1 Million Views, According to a Viral Comedy Duo." Accessed Nov. 4, 2021. Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Service Name Description Related Articles. Tech Stocks Facebook’s Advantage Over Other Social Media. Tech Stocks The Big Risks of Investing in Facebook (Meta) Stock. Top Stocks How Facebook (Meta) Makes Money. Sectors & Industries Analysis How WhatsApp Makes Money. Building Credit What Is TikTok? Company Profiles Who Are Facebook's (Meta's) Main Competitors? Partner Links Related Terms. What is Average Revenue Per Unit (ARPU)? Average revenue per unit (ARPU) measures the amount of money that a company earns for each customer. Learn how telecoms and media companies use ARPU. more Monetize Monetize refers to the process of turning a non-revenue-generating item into cash. Read about monetization on Facebook, YouTube, TikTok, and Twitter. more Digital Marketing Digital marketing is the use of the internet, mobile devices, social media, search engines, display advertising, and other channels to reach consumers. more Metaverse The metaverse is a shared virtual environment with aspects of online gaming, augmented reality, and more that people can access via the Internet. more What Is Interactive Media? Interactive media is a method of communication whereby the program's outputs depend on the user's inputs, and the user's inputs affect the outputs. more What Are FANG Stocks? 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[tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => The Indirect Path to Making Money. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => 1. Being Human. [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => 2. Building Trust. [tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => The Psychology of Trust. [tag] => h4 [children] => Array ( ) ) ) ) [3] => stdClass Object ( [level] => 3 [name] => 3. Building Relationships. [tag] => h3 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 3 [name] => If You Build It, They Will Come. [tag] => h3 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 3 [name] => Get our best tips. Join the smartest marketers who receive our twice monthly update. [tag] => h3 [children] => Array ( ) ) ) ) [1] => stdClass Object ( [level] => 2 [name] => Other Top Articles. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => How to Build a Content Calendar (Plus a Free Template) . [tag] => h4 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => 20 Awesome Examples of Accessible Websites . [tag] => h4 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 4 [name] => How ​to​ ​Create a​ ​Webinar from Scratch in 10 Simple Steps . [tag] => h4 [children] => Array ( ) ) ) ) ) ) [2] => stdClass Object ( [level] => 2 [name] => Want more great content like this? [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://www.convinceandconvert.com/wp-content/uploads/2017/02/The-Psychology-Behind-Making-Money-on-Social-Media.jpg ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => The Psychology Behind Making Money on Social Media Authors: Wade Harman Follow @wadeharman Wade Harman is the content marketing director for Kats Botanicals, an online Kratom powder distributor. Wade's content helps entrepreneurs build business success on an emotional level that speaks to your audience. View All Posts Posted Under: Social Media Marketing, Social Media Strategy There is a new strategy that baffles some people’s social media.It isn’t cheating, either—psychology is something which has been around as long as we have been smart enough to acknowledge that it’s there.You use psychology every day, too. You may not realize it, but it’s there, hiding in the shadows of your subconscious, waiting to be revealed through some past experience or relationship.I wanted to write about something that would resonate with every business owner active on social media: the topic of making money through the use of social.While money is rarely talked about socially, it is one of the main psychological factors that drives us, motivates us, and makes us do the best we can for our brand. When we’re successful, we are rewarded, and just like Pavlov’s dog, when someone clicks the Buy Now button, we are motivated through triggers to capitalize on that response even more.The Crooked Path to Making Money. There is no straight and easy way to make money online. Most people use a platform to create opportunities for their business in order to make the money, but there is still not a direct way to the money. That’s because there’s another side of the pocketbook—you know, the person you’re targeting.  This person needs more than to find your site out of the blue, stumble upon the product they have always been looking for, and then purchase. It doesn’t happen that way anymore.Back in the day, one could create that straight path to the money by manipulating search engines through article marketing and link building. It created an opportunity for the site owner to bypass a critical element in the sales process and use what is called Right Now Marketing, where you could appeal to the wants of a consumer by feeding off of their conscious desire. If you were one of the top results in those searches, you didn’t have to worry about anything but building links to make money.In today’s search world, it doesn’t happen quite that way anymore. There is a more human side needed when marketing your products online these days. Now, there is no direct way to make money online.But all is not lost. There is an indirect path that makes money every day for most social media personalities, and these are the psychological implications that I want to talk to you about today.The Indirect Path to Making Money. Psychology plays an important role in driving traffic from social media. But before this will work, you have to have some things in your corner that communicate what your business is about.Remember the person with the pocketbook that you are trying to target? You still want that person to open their wallet and click the buy button, and it is still possible for them to do that on your site, but there is a more indirect approach to get them to do this.1. Being Human. More and more brands who are successful on social media focus on the conversation and engagement with the potential buyer. Businesses who put a human face to their brand are the ones doing the best on social media. Click To Tweet As I was researching this article, I noticed something very important, but I almost missed it at first. A commercial came on television, and before I knew it, I had completely stopped writing and was fully engrossed in what it had to say.It was Flo, the Progressive Insurance woman doing her bit on TV.I quickly scrambled to check the difference between her and her employer on social media. The Progressive Insurance organization page on Facebook has 343 thousand likes.While the “Flo the Progressive Girl” Facebook page has an astounding five million likes!When you can put a face to your brand, more people will be inclined to have a conversation with you, engage with you, and remember who you are after the fact. Scientific research has revealed that the psychological triggers involved with adding a human face to your brand make the experience more memorable for the customer and build trust.The reason for this lies in the emotional side of the psyche. Studies have shown people who are knowledgeable about a certain topic trust others speaking to that same idea because they have already done their homework. When the facts line up with what they already know, and there’s a face accompanying that truth, it becomes a no-brainer.Flo knows insurance. People who need insurance have already done their homework—I know I do when I need it. When you hear language that you have been reading in your research, a bond forms between the buyer and seller.We seek out relevance in this internet world, and the brand who shows their face to the public is already three steps ahead of the rest of us because they play to our emotional psychology.Side note: When you think of Moz, what face comes to mind? See what I mean?2. Building Trust. Online business growth is more than just building links now. The successful social media entrepreneur actively engages their followers and potential customers on their respective platforms. While you may not make a sale right off the bat, you are looking for results from playing the long game on social.One of the tools to build trust is consistency. When you are consistently engaging, answering questions, and helping people, they will start to get acquainted with seeing you in their stream. This is an idea from the Cognitive Consistency Theory. When people continually see us, talk to us, and get help from us, a certain form of trust is created.When you understand this, you realize people expect a certain kind of consistency from your brand on social media. When people trust you, they will buy from you. Trust takes time to form, and it is through the consistency across several factors that you make it happen.The Psychology of Trust. According to research on the psychological foundations of trust by the University of Minnesota, trust lies at the very core of interpersonal relationships. Whether you’re doing it online or off, trust is the main ingredient for a successful relationship. There are three main factors by which people gauge their trust of you and your brand:The degree of trust: People may hold you at arm’s length but will still listen to what you have to say. You have the opportunity to create a lasting relationship built on trust here—don’t blow it.Trust diagnostics: This is where the follower or customer engages more actively, and you can see the growth of trust.Attachment orientation: They fully trust you, and while you may not have a personal relationship with this person, they feel attached to you on a personal level and will follow you to the ends of the earth.Stay true to who you are. Always be the same person—that person that they came to know and trust five months ago. If you change who you are, you disrupt that trust and may have to start over. That is why consistency is so important in building trust, why authenticity is important in growing trust, and why trust is such an important part of the relationship process.[contextly_auto_sidebar]3. Building Relationships. If trust is at the core of building relationships, let’s talk about bringing the customer into the attachment process. The attachment theory is one that overrides the Dunbar number, which states that a certain individual can only have so many stable relationships at one time.While it would be nice to create fulfilling relationships with each and every person in your target market, it’s just not possible. But hope is not lost! You can still build the relationship on their side of the fence.A guy with 10 million social followers isn’t going to remember the names of each person. I watched someone like this at the Social Media Marketing World conference last year. People would come up to this person and start talking to him like he was a long-lost friend. He was very cordial, friendly, and professional as he greeted each individual. But there is no way he could remember each and every one of those people.However, they knew him. They were attached to him on a different level than he was to them, revealing that trust had been formed on their end, even though it hadn’t been psychologically formed on his end.This person, and you probably know him, is active on social media. He is helpful and knowledgeable. People seek his expertise, and he obliges. He is consistent, and, in my opinion, he is the perfect example of the Attachment Theory in marketing, because while he doesn’t know all of them personally, they know and love him.If You Build It, They Will Come. I’m not here to hurt your head with theory and studies, but I do want you to understand the importance and power that each of these points will have on your ability to make money on social media.I can’t show you a direct path to success. I can’t promise you loads of income if you build links. But I can promise if you stay consistent, stay helpful, and stay who you are, people will be drawn to you and your brand on social.Money will come, but that’s later. Take the time to get to know your target and what they need, and then build a respected and informational platform around that target.Get more content like this, plus the very BEST marketing education, totally free. Get our Definitive email newsletter. While You're hereGet our best tips. Join the smartest marketers who receive our twice monthly update. Article ContinuesWhile You're hereOther Top Articles. Content Marketing, Greatest HitsHow to Build a Content Calendar (Plus a Free Template) . Anna Hrach and Jamie Griffiths Digital Marketing20 Awesome Examples of Accessible Websites . Jay Baer Content Marketing, Digital MarketingHow to Create a Webinar from Scratch in 10 Simple Steps . 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Learn MoreI Accept [kwBody] => Array ( [0] => stdClass Object ( [term] => person [tf] => 32 ) [1] => stdClass Object ( [term] => trust [tf] => 24 ) [2] => stdClass Object ( [term] => social [tf] => 17 ) [3] => stdClass Object ( [term] => social media [tf] => 13 ) [4] => stdClass Object ( [term] => media [tf] => 13 ) [5] => stdClass Object ( [term] => money [tf] => 12 ) [6] => stdClass Object ( [term] => marketing [tf] => 10 ) [7] => stdClass Object ( [term] => relationship [tf] => 10 ) [8] => stdClass Object ( [term] => building [tf] => 9 ) [9] => stdClass Object ( [term] => build [tf] => 8 ) [10] => stdClass Object ( [term] => brand [tf] => 8 ) [11] => stdClass Object ( [term] => content [tf] => 7 ) [12] => stdClass Object ( [term] => psychology [tf] => 6 ) [13] => stdClass Object ( [term] => business [tf] => 6 ) [14] => stdClass Object ( [term] => important [tf] => 6 ) [15] => stdClass Object ( [term] => face [tf] => 6 ) [16] => stdClass Object ( [term] => human [tf] => 5 ) [17] => stdClass Object ( [term] => online [tf] => 5 ) [18] => stdClass Object ( [term] => path [tf] => 5 ) [19] => stdClass Object ( [term] => create [tf] => 5 ) [20] => stdClass Object ( [term] => consistency [tf] => 5 ) [21] => stdClass Object ( [term] => making money [tf] => 4 ) [22] => stdClass Object ( [term] => content marketing [tf] => 4 ) [23] => stdClass Object ( [term] => making [tf] => 4 ) [24] => stdClass Object ( [term] => day [tf] => 4 ) [25] => stdClass Object ( [term] => psychological [tf] => 4 ) [26] => stdClass Object ( [term] => successful [tf] => 4 ) [27] => stdClass Object ( [term] => side [tf] => 4 ) [28] => stdClass Object ( [term] => article [tf] => 4 ) [29] => stdClass Object ( [term] => link [tf] => 4 ) [30] => stdClass Object ( [term] => insurance [tf] => 4 ) [31] => stdClass Object ( [term] => customer [tf] => 4 ) [32] => stdClass Object ( [term] => theory [tf] => 4 ) [33] => stdClass Object ( [term] => face brand [tf] => 3 ) ) [page_rank_decimal] => 55 [rank] => 10518 ) [14] => stdClass Object ( [position] => 15 [title] => Social media platforms that pay you! (Get paid via social media) - TightFist Finance [url] => https://tightfistfinance.com/social-media-platforms-pay-you/ [destination] => https://tightfistfinance.com › social-media-platforms-pay-... [description] => Which social media platforms pay you? Here is how to get rich by using the best social media accounts for making money [isAmp] => [extra] => 3 Sept 2020 · Uploaded by Improve Photography [organic_position] => 15 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => Social media platforms that pay you! (Get paid via social media) [serp_description] => Twitter, Instagram, Pinterest, Facebook, LinkedIn, and YouTube are the best social media platforms for making money. Each platform has it's own strengths. [hostname] => tightfistfinance.com [canonical] => https://tightfistfinance.com/social-media-platforms-pay-you/ [h1] => Social media platforms that pay you! (Get paid via social media) [h2] => Array ( [0] => Which Social Media is the best for making money? [1] => Pinterest [2] => LinkedIn [3] => How do you get paid for posting on social media? [4] => Is social media a good career? 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[tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Twitter. [tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => How to build a Twitter following. [tag] => h4 [children] => Array ( ) ) ) ) [1] => stdClass Object ( [level] => 3 [name] => Instagram. [tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => How do I monetize my Instagram? [tag] => h4 [children] => Array ( ) ) ) ) ) ) [1] => stdClass Object ( [level] => 2 [name] => Pinterest. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Facebook. [tag] => h3 [children] => Array ( ) ) ) ) [2] => stdClass Object ( [level] => 2 [name] => LinkedIn. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => YouTube. [tag] => h3 [children] => Array ( ) ) ) ) [3] => stdClass Object ( [level] => 2 [name] => How do you get paid for posting on social media? [tag] => h2 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 2 [name] => Is social media a good career? [tag] => h2 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 2 [name] => Summary: Social media platforms that pay you! [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://tightfistfinance.com/wp-content/uploads/2020/08/Thumbnail-Social-media-platforms-that-pay-you-Get-paid-via-social-media.png ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => Social media platforms that pay you! (Get paid via social media)Make Money, Money / By Tight Fist FinanceDid you know there are social media platforms that pay you?You can make money finding work, selling products, and partnering with brands on social media. Making money on social media isn’t easy, but it can be very profitable. You just need to know where to start and put in the work.Imagine, making more money through social media than you do with your 9-5. You wake up each morning, send out a Tweet or post on Instagram.You’re no longer required to go to a job. Instead, you are making money from your phone!Yes, it is completely possible to make money with social media. People are doing it every day.Luckily for you, I’m going to show you the best social media sites for earning money. Put in the work and you’ll start earning money quickly!16 SharesPin16ShareTweetThis article may contain affiliate links which pays a commission and supports this blog. Thank you for your support!Which Social Media is the best for making money?Any social media platform can be monetized. You need to figure out which social media is best for you. Once you’ve decided, start building your audience around a certain niche.A niche is a specific focus around an interest. Maybe your niche is about making money or staying neat and organized. Most influencers start broad and then dial in on their niche when they see what content does well.Some social media platforms are more difficult to earn money with. For example, you may struggle to make money on Reddit. Reddit is a huge community where people don’t take kindly to self-promotion.So how can you use each social media platform to make money?Click to Tweet! Please Share!Click To TweetTwitter. Twitter is a gold mine for selling your products. Look at The Wealth Dad.The Wealth Dad has tweeted his way to $1,000 per week in product sales. He sells a $20 ebook on index fund investing for beginners through Gumroad.You may be wondering, how does he make 50 sales per week using Twitter?First, his product is only $20. Most people don’t bat an eye for $20, so it’s a low risk investment.Secondly, his product will teach people how to make back their initial investment. Sure, you’re investing $20 now. However, you’ll make more money if you follow the advice in his ebook.Third, he’s optimized his Twitter bio for conversions. The first thing you’ll see when you visit his page is an advertisement for his index fund ebook. A large red arrow points you in the direction to look.You’ll notice that he has over 18,000 followers on Twitter. How does he build a following on Twitter?How to build a Twitter following. Building a twitter following is as simple as tweeting helpful content your audience likes. You need to be an active Twitter user if you want to gain traction. Build a profitable Twitter following by:Tweeting 5-10 helpful or motivational posts per dayQuote retweet usersRespond to Tweets and questionsRemind people of your product every once and a whileLook at the kind of Tweets The Wealth Dad sends out on a daily basis.You can tell he understands his audience. People who are interested in investing and building wealth. His Tweets resonate with people!Remember, your Tweets will show up more often with the more you Tweet. Therefore, you need to produce quality content frequently.Instagram. Making money on Instagram is very similar to Twitter. Create quality content to build an audience around a specific niche. Send relevant offers to your audience and partner with brands to make money.Instagram is all about pictures. So if you’re good with an iPhone camera, it can be one of the best social media platforms that pay.Obviously, you’re going to need to build a following if you’re going to make money on Instagram. Here is a video from Improve Photography which has helpful tips on growing your followers.How do I monetize my Instagram?You can make money on Instagram with affiliate products or courses, sponsored brand content, and selling your own physical products.So, how much are your Instagram followers worth?I was recently working with an Instagram influencer with over 300,000 followers. They charge $3,000 for one Instagram post which features your product.Yes, brands are willing to pay $0.01 per follower to advertise their product. You need to bring the followers and keep your engagement rates high. The higher your followers and engagement rates, the more you can get paid for posting ads.Again, you can link to affiliate products on your IG posts. You’ll earn a commission whenever someone buys through your link.Pinterest. Pinterest is great for driving traffic to your website. Your goal is to write content for your blog, which aims to sell a product. Avocadu does a really good job of creating pins around yoga and weight loss.Each pin takes you to an article. Should I click on a yoga pin, I’ll read a well written article on yoga. At the bottom of the article, you can find a pitch for their product, Yoga Fat Loss Bible.The more content they create the more traffic comes to their website. With more traffic comes more sales. Pinterest is a great tool for driving customers to your website.Facebook. Facebook is the ultimate networking tool. You can find freelance writing jobs or virtual assistant work by hanging out in the right groups. For example, joining the right Facebook group could land you a paying freelance gig.Facebook groups is another powerful tool to sell products. Essentially, you create a group around a certain interest. I happen to be part of a specific Facebook group where the owners sell their own courses in the description.People join the Facebook group for help. This group helps people learn to blog, but you can form a group around anything!Groups help people form a community, find help, and share. You just have to help the group grow, stay active, and remind people of your products.LinkedIn. LinkedIn is where your next job is at. I don’t care if you want to be a lawn mower, blog writer, or find freelance gigs. Having an optimized LinkedIn profile is where finding high paying work starts.I might be looking to hire an SEO expert. Most SEO experts aren’t going to live in my town locally, so I might try to find one on LinkedIn.This profile shows an extensive history about working in search engine optimization. Therefore, I might reach out and see if this individual is looking for extra work.LinkedIn is one of the best social media platforms that pay you for finding work. You can land high paying jobs or new contracts just by networking.YouTube. YouTube is the best video social media platform that pays you. It’s easy to connect with an audience around your niche. Video provides a format unlike anything else for building trust.Remember, if you don’t have trust with your audience they won’t buy from you. Therefore, it’s important to not only build trust, but keep it.One of the best examples of YouTube success is Ricky Gutierrez. Ricky has built a massive YouTube channel of over 710,000 subscribers. All of his subscribers are interested in stocks.He also sells a stock trading course which sells for over $200. All Ricky has to do to sell is mention the product in the video and link to it in the description.Imagine, converting one percent of your subscribers into customers. For Ricky, a one percent conversion rate means he has made $1.4 million.Making money on YouTube starts with producing consistent content. The content needs to be something people are searching for. Once you’ve build a relationship, you can build a course and release it to your audience.Click to Tweet! Please Share!Click To TweetHow do you get paid for posting on social media?Brand deals and selling products are the best ways to get paid for posting on social media. Regardless, you will need a social media account with active and engaged followers. You could have a social media following of 10,000 people and earn nothing if they aren’t engaged.Therefore, you need to focus on producing quality content to build your list. Really take the time to master a platform before moving onto the next.You can find brand deals on blogging networks, like Izea. Izea is a website which connects influencers to brands. Your job is to connect with the brands and strike deals. Obviously, brand deals are for once you’ve built a following.In the mean time, start with affiliate marketing. Selling other people’s products is a good way for you to see what sells. Create your own product once you’ve found something your audience likes.Too many creators build a product first and fail. You have no idea if your audience will like the product. Therefore, it’s important to see what works!Is social media a good career?Social media can be a good way to earn money as a side hustle. However, you don’t own your social media account which means it can be shut down. Social media is only a good career once you’ve become financially independent.Don’t believe me? One quick search in my blogging group shows how many people get suspended.Imagine, having 300,000 Instagram followers. Pretty cool, huh? Now, imagine IG suspends your account on a fluke or because you broke a rule.Sometimes you lose your account even if you didn’t mean to break a rule.It happens every single day. You’re income disappears instantly.Therefore, you should work on social media as a side hustle. Invest your money until you become financially independent. Then, you can quit your job and focus on social media full-time.I also recommend building your own platform. No, not a social media platform. You can build your own blog or email list which you own.Imagine, your YouTube account gets suspended that had 700,000 subscribers. However, you had a large email list. Now, you can tell them to subscribe to your new channel. You might have lost some income, but it wasn’t completely wiped away.Click to Tweet! Please Share!Click To TweetSummary: Social media platforms that pay you!As you can see, there are several social media platforms that pay you. You just need to know which social media is best for you. Once you decide, build your following before you monetize.Twitter, Instagram, Pinterest, Facebook, LinkedIn, and YouTube are the best social media platforms for making money. Each platform has it’s own strengths. However, you can still make money through sales and brand partnerships.Affiliate marketing, sponsored content, and product sales are good ways to make money from social media. Focus on your engaged followers. The more followers you have the easier it is to make money.Building followers is all about producing quality content, consistently. What’s your niche? What content does your audience want to see?Social media is a good career once you’re financially independent. Account suspension is a real problem that can cause you to lose your income. Therefore, focus on building your own websites and email lists. 16 SharesPin16ShareTweetreport this adreport this adreport this adreport this adxx [kwBody] => Array ( [0] => stdClass Object ( [term] => media [tf] => 33 ) [1] => stdClass Object ( [term] => social [tf] => 31 ) [2] => stdClass Object ( [term] => social media [tf] => 30 ) [3] => stdClass Object ( [term] => money [tf] => 22 ) [4] => stdClass Object ( [term] => product [tf] => 20 ) [5] => stdClass Object ( [term] => platform [tf] => 15 ) [6] => stdClass Object ( [term] => person [tf] => 14 ) [7] => stdClass Object ( [term] => content [tf] => 13 ) [8] => stdClass Object ( [term] => social media platform [tf] => 12 ) [9] => stdClass Object ( [term] => media platform [tf] => 12 ) [10] => stdClass Object ( [term] => build [tf] => 12 ) [11] => stdClass Object ( [term] => follower [tf] => 11 ) [12] => stdClass Object ( [term] => audience [tf] => 10 ) [13] => stdClass Object ( [term] => group [tf] => 10 ) [14] => stdClass Object ( [term] => brand [tf] => 9 ) [15] => stdClass Object ( [term] => tweet [tf] => 9 ) [16] => stdClass Object ( [term] => pay [tf] => 8 ) [17] => stdClass Object ( [term] => twitter [tf] => 8 ) [18] => stdClass Object ( [term] => sell [tf] => 8 ) [19] => stdClass Object ( [term] => instagram [tf] => 8 ) [20] => stdClass Object ( [term] => good [tf] => 8 ) [21] => stdClass Object ( [term] => making [tf] => 7 ) [22] => stdClass Object ( [term] => job [tf] => 7 ) [23] => stdClass Object ( [term] => media platform pay [tf] => 6 ) [24] => stdClass Object ( [term] => platform pay [tf] => 6 ) [25] => stdClass Object ( [term] => making money [tf] => 6 ) [26] => stdClass Object ( [term] => work [tf] => 6 ) [27] => stdClass Object ( [term] => start [tf] => 6 ) [28] => stdClass Object ( [term] => building [tf] => 6 ) [29] => stdClass Object ( [term] => niche [tf] => 6 ) [30] => stdClass Object ( [term] => find [tf] => 6 ) [31] => stdClass Object ( [term] => youtube [tf] => 6 ) [32] => stdClass Object ( [term] => account [tf] => 6 ) [33] => stdClass Object ( [term] => focu [tf] => 5 ) [34] => stdClass Object ( [term] => sale [tf] => 5 ) [35] => stdClass Object ( [term] => facebook [tf] => 5 ) [36] => stdClass Object ( [term] => money social media [tf] => 4 ) [37] => stdClass Object ( [term] => money social [tf] => 4 ) [38] => stdClass Object ( [term] => quality content [tf] => 4 ) [39] => stdClass Object ( [term] => media good [tf] => 4 ) [40] => stdClass Object ( [term] => selling product [tf] => 3 ) [41] => stdClass Object ( [term] => tweet shareclick [tf] => 3 ) [42] => stdClass Object ( [term] => money instagram [tf] => 3 ) [43] => stdClass Object ( [term] => paid posting [tf] => 3 ) [44] => stdClass Object ( [term] => facebook group [tf] => 3 ) [45] => stdClass Object ( [term] => email list [tf] => 3 ) ) [page_rank_decimal] => 33 [rank] => 7222864 ) [15] => stdClass Object ( [position] => 16 [title] => How to make money on social media as an influencer - SocialPubli.com [url] => https://socialpubli.com/make-money-social-media [destination] => https://socialpubli.com › make-money-social-media [description] => Come to SocialPubli and start earning money with your social networks becoming an influencer. Earning money has never been easier! [isAmp] => [organic_position] => 16 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => How to make money on social media as an influencer [serp_description] => As you can see, earning money through Instagram is possible, just like through Twitter, Facebook, Linkedin, Youtube, and even your blog. You only have to ... 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[tag] => h3 [children] => Array ( ) ) ) ) ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => Make money as an influencer Do you want to make money on social networks? Not only brands can benefit from increasing brand awareness through their social media channels, also users can profit about this. That is because, thanks to SocialPubli, you can now earn money through your social media accounts.Our platform connects brands with influencers such as you. We help advertisers find influencers who understand their vision and who can communicate their content through their social media accounts while earning money. As you can see, earning money through Instagram is possible, just like through Twitter, Facebook, Linkedin, Youtube, and even your blog. You only have to register as an influencer, link your social media accounts to your profile, and wait for us to send you advertisers' campaigns.You don't need thousands of followers, on the contrary, we value the community and credibility of micro-influencers. That's why we are happy to welcome you as well as our advertisers.The platform is very easy to use. Once registered as an influencer, you should link your social media profiles to your account and provide information on your interests so that we can send you campaigns based on your information. The categories you select are the ones the advertiser will choose later, so be honest when you select them and make sure that they are related to your profile. They can choose categories such as: fashion, lifestyle, sports, business, society, and much more as you will discover when you register. Once everything is done, you should prepare yourself to earn money, because you only have to wait until an advertiser looks for an influencer's profile like yours, and then we will notify you when a new campaign is published on your profile.When you receive campaigns, it's time to work! Once you've sent your post, the advertiser will review it, ask for changes, or publish it, depending on his or her requirements. After publishing and verifying the content, we will add the money into your account. Register now and start earning money! 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Here are six ways [isAmp] => [date] => 27 Apr 2016 [organic_position] => 17 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => How to Make Money With Social Media - Entrepreneur [serp_description] => How to Make Money With Social Media · 1. Promote affiliate products. · 2. Create and promote your own information products. · 3. Promote products ... [hostname] => entrepreneur.com [canonical] => https://www.entrepreneur.com/article/274687 [h1] => How to Make Money With Social Media [h2] => Array ( [0] => 1. Promote affiliate products [1] => 2. Create and promote your own information products [2] => 3. Promote products and services [3] => 4. Use visual media to promote your crafts [4] => 5. Promote your coaching or consulting services [5] => 6. Join the YouTube Partner Program [6] => Final thoughts [7] => Written By [8] => More About Social Media Marketing [9] => Latest on United States ) [h3] => Array ( [0] => Thomas Smale [1] => How To Improve Your Engagement on Instagram [2] => 3 Ways Direct-to-Consumer Brands Can Leverage Media Coverage [3] => The Days of Calling on a Hotline Are Gone. Social Media is King. [4] => 8 Natural Wellness Habits That Will Keep You Mentally Healthy and Happy [5] => 5 Critical Reasons to Stop Procrastinating and Write Your Book Now [6] => Every Entrepreneur Could Use a Spy Pen to Keep Track of Your Busy Life ) [h2WithAnchors] => Array ( [0] => stdClass Object ( [text] => 1. Promote affiliate products ) [1] => stdClass Object ( [text] => 2. Create and promote your own information products ) [2] => stdClass Object ( [text] => 3. Promote products and services ) [3] => stdClass Object ( [text] => 4. Use visual media to promote your crafts ) [4] => stdClass Object ( [text] => 5. Promote your coaching or consulting services ) [5] => stdClass Object ( [text] => 6. 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[tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => Every Entrepreneur Could Use a Spy Pen to Keep Track of Your Busy Life . [tag] => h3 [children] => Array ( ) ) ) ) ) [og] => stdClass Object ( [ogImage] => https://assets.entrepreneur.com/content/3x2/2000/20151229200150-2016-laptop-new-year-creative.jpeg ) [schema_type] => Array ( [0] => Organization [1] => NewsArticle [2] => BreadcrumbList ) [comment_questions] => Array ( ) [body] => How to Make Money With Social Media By Thomas Smale April 27, 2016 Opinions expressed by Entrepreneur contributors are their own. There are more money-making opportunities on social media than you might realize. Social media, in fact, can be quite lucrative. shutterstock Related: How to Craft Your Social Media Marketing PlanMany experts say that social media is for connecting with people, and not for selling, but at some point, you're going to want to leverage the connections you create. If you've built up enough trust with your followers, they'll be more inclined to check out your recommendations and the links you share.Here are six ways you can make money on social media.1. Promote affiliate products.No matter what industry you're in, you can find great products to promote on ClickBank. And if that doesn't quite jive with you, you can also become an Amazon Associate, promote products of your choosing and earn commissions on them -- Amazon has no shortage of products.Next, instead of spamming links on Twitter and hoping for the best, keep in mind that the most honest and effective way of promoting affiliate products is through reviews. If you personally use a product and like it, and know that your followers serve to benefit from it, then write a long-form review on your blog, and share why you like the product. Don't be afraid to talk about what you like and don't like about it. You can even use video if that's more your style.Also make sure to disclose your affiliate relationships. This is a legal requirement in most cases, but it's also "best practice." Your readers or viewers will appreciate your honesty.2. Create and promote your own information products.If you already have a blog, and you've demonstrated your expertise on a specific subject over a period of time, there may be an opportunity to create an ebook, audio program or video course and sell it to your audience. Social media is the perfect place to promote such a product.Platforms like Gumroad, Sellfy and Amazon's KDP program make it easy for you to publish and sell your PDF, MP3 or video file at a price of your choosing -- keeping in mind that all platforms do take a cut, even if it's small.As with anything, quality is key to creating something people not only want to read, but will pay to read. If you take extra care in creating great information, designing and promoting it well, you will definitely see more sales.3. Promote products and services.There are many opportunities for you to share sponsored posts that promote the products and services of other businesses. This is a very direct way of earning money from social media.But, if you don't have a sizable following, this may not be much of an opportunity. You also have to beware of over-promoting products for want of money, because if your followers see that you're constantly tweeting about one product or another, not only will they not click on the links, they will also un-follow you.It's important to mix things up. It's wise to take the time to craft a proper social media posting schedule, to make sure you're adding value to your followers while promoting products. Calls to action should definitely be a part of your social media strategy, but every post can't be a call to action.Related: How to Make Time for Social Media Marketing4. Use visual media to promote your crafts.If you tend to create handmade crafts, art pieces, or even articles of clothing and knitting, there may be an opportunity to showcase your products on social media. Instagram and Pinterest may seem like obvious places to hit, but Facebook, Twitter and Google+ are also great channels for sharing visual media.If you have an Etsy account, you can direct your followers to check out your products there, and between the different channels, you have the potential to make a good living.5. Promote your coaching or consulting services.Social media is a great place to generate leads for your consulting business. Whether you're a guitar teacher or a life coach, if you have demonstrated expertise in a specific area, you can create more interest for your services by connecting with your target customer on social media.Coaching sessions can be conducted over Skype, so this is definitely an opportunity to make money without leaving home. Consulting can be lucrative, so remember not to undercut yourself -- charge a fair price for your time and effort.This strategy can also work in unison with selling information products, as those who want your advice are more likely to be interested in the ebooks and courses you've created.6. Join the YouTube Partner Program. Building a popular YouTube channel can be a lot of work. But if you already have a following, or you're determined to build your audience, joining the YouTube Partner Program to make money on advertising might be a path worth exploring.There are prominent YouTube content creators who have made substantial amounts of money with this program, but they are the exception rather than the rule. It would take a lot of time, strategy and sheer luck to make money on YouTube. However, this is a good thing to keep in mind with advertising in general. Unless you're already getting a lot of views and clicks, you're not going to make a lot of money on them.Final thoughts. These are just some of the many ways you can make money with social media; there are plenty of other money-making websites for you to explore.It's important to remember that making money on social media isn't necessarily easy. If you have an entrepreneurial spirit and are willing to work hard, test and experiment, your chances at success will be far greater than the chances of those who just want to "give it a try" to see what happens.Related: 6 Social Media Marketing Tactics That Give the Best Bang for Your BuckSo, build a strategy; don't just wing it. Make a plan for how you're going to reach your financial goals, and be willing to adjust as necessary. Written By . Thomas Smale. Entrepreneur Leadership Network Contributor Thomas Smale co-founded FE International in 2010. He has been interviewed on podcasts, blogs and also spoken at a number of industry events on online businesses, exit strategy and selling businesses. More About Social Media Marketing . Marketing How To Improve Your Engagement on Instagram . Hayden Wadsworth Jan 7, 2022 Media Coverage 3 Ways Direct-to-Consumer Brands Can Leverage Media Coverage . Sim Aulakh Dec 27, 2021 Social Media The Days of Calling on a Hotline Are Gone. Social Media is King. . Krishna Athal Dec 26, 2021 Read More Latest on United States . The Business Traveler's Journal 8 Natural Wellness Habits That Will Keep You Mentally Healthy and Happy . Sonia Singh Jan 8, 2022 Growth Strategies 5 Critical Reasons to Stop Procrastinating and Write Your Book Now . Stephanie Mojica Jan 8, 2022 Prepare to Succeed Every Entrepreneur Could Use a Spy Pen to Keep Track of Your Busy Life . Entrepreneur Store Jan 8, 2022 Read More Successfully copied link [kwBody] => Array ( [0] => stdClass Object ( [term] => social [tf] => 21 ) [1] => stdClass Object ( [term] => media [tf] => 21 ) [2] => stdClass Object ( [term] => social media [tf] => 19 ) [3] => stdClass Object ( [term] => money [tf] => 13 ) [4] => stdClass Object ( [term] => product [tf] => 13 ) [5] => stdClass Object ( [term] => youre [tf] => 9 ) [6] => stdClass Object ( [term] => promote [tf] => 9 ) [7] => stdClass Object ( [term] => jan [tf] => 8 ) [8] => stdClass Object ( [term] => 2022 [tf] => 8 ) [9] => stdClass Object ( [term] => strategy [tf] => 7 ) [10] => stdClass Object ( [term] => opportunity [tf] => 6 ) [11] => stdClass Object ( [term] => money social [tf] => 5 ) [12] => stdClass Object ( [term] => work [tf] => 5 ) [13] => stdClass Object ( [term] => link [tf] => 5 ) [14] => stdClass Object ( [term] => promoting [tf] => 5 ) [15] => stdClass Object ( [term] => create [tf] => 5 ) [16] => stdClass Object ( [term] => follower [tf] => 5 ) [17] => stdClass Object ( [term] => time [tf] => 5 ) [18] => stdClass Object ( [term] => program [tf] => 5 ) [19] => stdClass Object ( [term] => business [tf] => 5 ) [20] => stdClass Object ( [term] => youtube [tf] => 5 ) [21] => stdClass Object ( [term] => jan 2022 [tf] => 4 ) [22] => stdClass Object ( [term] => thoma smale [tf] => 4 ) [23] => stdClass Object ( [term] => direct [tf] => 4 ) [24] => stdClass Object ( [term] => entrepreneur [tf] => 4 ) [25] => stdClass Object ( [term] => marketing [tf] => 4 ) [26] => stdClass Object ( [term] => great [tf] => 4 ) [27] => stdClass Object ( [term] => dont [tf] => 4 ) [28] => stdClass Object ( [term] => read [tf] => 4 ) [29] => stdClass Object ( [term] => lot [tf] => 4 ) [30] => stdClass Object ( [term] => money social media [tf] => 3 ) [31] => stdClass Object ( [term] => social media marketing [tf] => 3 ) [32] => stdClass Object ( [term] => media marketing [tf] => 3 ) [33] => stdClass Object ( [term] => promote product [tf] => 3 ) [34] => stdClass Object ( [term] => information [tf] => 3 ) [35] => stdClass Object ( [term] => place [tf] => 3 ) [36] => stdClass Object ( [term] => channel [tf] => 3 ) [37] => stdClass Object ( [term] => consulting [tf] => 3 ) ) [page_rank_decimal] => 67 [rank] => 301 ) [17] => stdClass Object ( [position] => 18 [title] => How to make money on social media [url] => https://makemoneywithoutajob.com/make-money-using-social-media-accounts/ [destination] => https://makemoneywithoutajob.com › Blog [description] => Buzzoole is a fast way to start earning cash from your social media accounts. Simply register and connect your accounts, and Buzzoole with analyse them. Once ... [isAmp] => [organic_position] => 18 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => How to make money on social media [serp_description] => Buzzoole is a fast way to start earning cash from your social media accounts. Simply register and connect your accounts, and Buzzoole with analyse them. Once ... ) [18] => stdClass Object ( [position] => 19 [title] => How to Make Money on Social Media As an Influencer in 2021 [url] => https://shanebarker.com/blog/influencer-make-big-money-on-social-media/ [destination] => https://shanebarker.com › blog › influencer-make-big-... [description] => New to the world of influencer marketing? Want to be an Influencer and make money on social media? Find out how to do it now [isAmp] => [date] => 26 Aug 2021 [organic_position] => 19 [serp_type] => page [isOrganicPage] => 1 [isOrganic] => 1 [serp_title] => How to Make Money on Social Media As an Influencer in 2022 [serp_description] => Sponsored social media posts are one of the most popular ways for influencers to make money from social media. It's when brands or marketers pay ... [hostname] => shanebarker.com [canonical] => https://shanebarker.com/blog/influencer-make-big-money-on-social-media/ [h1] => How to Make Money on Social Media As an Influencer in 2022 [h2] => Array ( [0] => What Are the Basics of Making Money on Social Media as an Influencer? [1] => What Are the Best Ways to Make Money on Social Media? [2] => FAQs [3] => Ready to Make Money on Social Media as an Influencer? [4] => THE ULTIMATE PRODUCT LAUNCH STRATEGY GUIDE [5] => 3X WEBSITE TRAFFIC EBOOK [6] => INFLUENCER MARKETING EBOOK [7] => Request a Quote [8] => Let’s Chat [9] => Podcast Sponsorship Enquiry [10] => READY TO BE ANINSTAGRAM INFLUENCER?GET STARTED FOR FREE! [11] => Sign up now to learn how to become a successful influencer and as a BONUS.. [12] => Sign up now to learn how to become a successful influencer [13] => Sign up now to learn how to become a successful influencer [14] => Sign up now to learn how to become a successful influencer [15] => Really?You’re saying giving up on… ) [h3] => Array ( [0] => #1. Produce High-Quality Content [1] => #2. Engage Your Audience [2] => #3. Join an Influencer Network [3] => #1. Social Media Sponsored Posts [4] => #2. Become a Brand Representative/Ambassador [5] => #3. Make Money on Instagram and other Platforms with Affiliate Marketing [6] => #4. Share Your Patreon Account [7] => #5. Co-Create Product Lines [8] => #6. Promote Your Own Products [9] => #7. Sell Your Photographs [10] => Top Services [11] => 10 Things You Need to Know About PPC Right Now [12] => 3 Ways to Get More Online Business Leads [13] => Instagram Influencer Marketing Case Study: How it Benefits Influencer Marketing Agencies [14] => Subscribe to Our Marketing Newsletter [15] => Web & Mobile App Analysis Report [16] => Transform the Way You Do Business with an Expert Consultation [17] => Let Our Experts Do All the Work and Get You More Business [18] => The Ultimate Influencer Marketing Blueprint! [19] => The Ultimate Product Launch Strategy Guide [20] => The Ultimate Traffic Playbook! [21] => Book Me For An Event ) [h2WithAnchors] => Array ( [0] => stdClass Object ( [text] => What Are the Basics of Making Money on Social Media as an Influencer? [id] => What_Are_the_Basics_of_Making_Money_on_Social_Media_as_an_Influencer ) [1] => stdClass Object ( [text] => What Are the Best Ways to Make Money on Social Media? 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[answer] => This keeps changing from time to time, but there are few celebrities who are right at the top of the list, in general. Kylie Jenner, Christiano Ronaldo, Kim Kardashian-West, Selena Gomez, and Dwayne “The Rock” Johnson are some of the highest-paid social media influencers. ) [1] => stdClass Object ( [index] => 1 [question] => Q2. How much does a social media influencer make? [answer] => There is a lot of ambiguity when it comes to determining what an influencer should be paid. In fact, influencers can make anywhere from $10 per post to even a million dollars for a single post. However, in general, it depends a lot on how popular the influencer is. ) [2] => stdClass Object ( [index] => 2 [question] => Q3. How do Facebook influencers make money? [answer] => Facebook influencers can make money by creating and posting sponsored content for brands that they collaborate with. They can also sell their own products on Facebook to earn money or become an affiliate and promote other brands’ products on Facebook. ) [3] => stdClass Object ( [index] => 3 [question] => Q4. Can you make money being an influencer?< [answer] => Yes, you can not only earn money but can make a living being an influencer. Many social media influencers are doing it as a full-time job. ) [4] => stdClass Object ( [index] => 4 [question] => Q5. Who is the highest-paid Instagrammer? [answer] => Christiano Ronaldo was the highest-paid Instagram influencer in 2020. ) [5] => stdClass Object ( [index] => 5 [question] => Q6. Which social media platform is best for earning? [answer] => All social media platforms have their own pros and cons, but all are good for earning money. Still, people believe that YouTube is most profitable as there, you get paid for the ads shown on your videos and the earning-potential is unlimited. 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[tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => #1. Produce High-Quality Content. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => #2. Engage Your Audience. [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => #3. Join an Influencer Network. [tag] => h3 [children] => Array ( ) ) ) ) [1] => stdClass Object ( [level] => 2 [name] => What Are the Best Ways to Make Money on Social Media? [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => #1. Social Media Sponsored Posts. [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => #2. Become a Brand Representative/Ambassador. [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => #3. Make Money on Instagram and other Platforms with Affiliate Marketing. [tag] => h3 [children] => Array ( ) ) [3] => stdClass Object ( [level] => 3 [name] => #4. Share Your Patreon Account. [tag] => h3 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 3 [name] => #5. Co-Create Product Lines. [tag] => h3 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 3 [name] => #6. Promote Your Own Products. [tag] => h3 [children] => Array ( ) ) [6] => stdClass Object ( [level] => 3 [name] => #7. Sell Your Photographs. [tag] => h3 [children] => Array ( ) ) ) ) [2] => stdClass Object ( [level] => 2 [name] => FAQs. [tag] => h2 [children] => Array ( ) ) [3] => stdClass Object ( [level] => 2 [name] => Ready to Make Money on Social Media as an Influencer? [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => ABOUT THE AUTHOR. [tag] => h4 [children] => Array ( [0] => stdClass Object ( [level] => 5 [name] => Leave A Comment [tag] => h5 [children] => Array ( ) ) ) ) [1] => stdClass Object ( [level] => 3 [name] => Top Services. 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[tag] => h2 [children] => Array ( ) ) [8] => stdClass Object ( [level] => 2 [name] => Let’s Chat. [tag] => h2 [children] => Array ( ) ) [9] => stdClass Object ( [level] => 2 [name] => Podcast Sponsorship Enquiry. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Book Me For An Event. [tag] => h3 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => Almost there! Please complete this form and click the button below to gain instant access. [tag] => h4 [children] => Array ( ) ) ) ) ) ) [10] => stdClass Object ( [level] => 2 [name] => READY TO BE ANINSTAGRAM INFLUENCER?GET STARTED FOR FREE! [tag] => h2 [children] => Array ( ) ) [11] => stdClass Object ( [level] => 2 [name] => Sign up now to learn how to become a successful influencer and as a BONUS... [tag] => h2 [children] => Array ( ) ) [12] => stdClass Object ( [level] => 2 [name] => Sign up now to learn how to become a successful influencer. [tag] => h2 [children] => Array ( ) ) [13] => stdClass Object ( [level] => 2 [name] => Sign up now to learn how to become a successful influencer. [tag] => h2 [children] => Array ( ) ) [14] => stdClass Object ( [level] => 2 [name] => Sign up now to learn how to become a successful influencer. [tag] => h2 [children] => Array ( ) ) [15] => stdClass Object ( [level] => 2 [name] => Really?You’re saying giving up on…. [tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://shanebarker.com/wp-content/uploads/2020/03/How-to-Make-Money-on-Social-Media-As-an-Influencer.jpg ) [schema_type] => Array ( [0] => Organization [1] => Article [2] => Language [3] => FAQPage [4] => Person ) [comment_questions] => Array ( ) [body] => How to Make Money on Social Media As an Influencer in 2022By Shane BarkerLast Updated On : August 26, 2021Influencer Marketing17 CommentsDo you already have a few thousand Instagram followers and are slowly climbing the ladder as a social media influencer?Do you want to monetize your influence better and make money on Instagram and other social media platforms?Or maybe you’re fairly new to the world of influencer marketing and you want to start your journey.HANDPICKED RELATED CONTENT:How to Make Money Off Your Instagram Account in 2022How to Improve Your Instagram Growth Strategy12 Leading CBD Influencers Brands Can Collaborate WithIn all of these scenarios, what you really want is to make money on social media, right?But how can you do that?That’s what I’m going to tell you in this comprehensive guide on how to make money on social media as an influencer.Let’s get started.Disclosure: This content has a few affiliate links, which means if you click on them, I will get a commission (without any extra cost to you).Table of ContentsWhat Are the Basics of Making Money on Social Media as an Influencer?Before we get into the details of how to make money as a social media influencer, let’s talk about what will get you there.How can you establish your value as an influencer?Getting these basics right can help you gain more credibility and win the trust of potential partners. Some of the basics will also make it easier for you to get into the radar of brands that are looking for influencers.So what should you start with?HANDPICKED RELATED CONTENT:Want to Add Music to Instagram Story Posts? Here’s How to Do ItHow to Become an Influencer in 2022 [A Beginner’s Guide]10 Best Ways on How to Increase Social Media Engagement in 2022#1. Produce High-Quality Content. The quality of your content can determine the kind of impression you’ll make on potential partners. And of course, high-quality content is crucial if you want to make a good first impression.When brands look for potential social media influencers to work with, they’ll look at the influencer’s relevance, reach, and engagement rate. But they’ll also go through the influencer’s content just to see how good of a content creator they are.So what does this mean when it comes to making money online?Whatever content you post on social media should be of high quality if you want to make money with social media. Invest in a decent camera if possible so you can produce better images.To improve your text content, I recommend using ProWritingAid. This content writing tool not only helps correct your grammar but also suggests changes to your style. It can even help you find new words.And make sure you use witty captions that will appeal to your target audience.Take The Vegan Vibe for example.Image via InstagramAs you can see in the screenshot above, they only have a few thousand followers right now. But their photos are vivid, vibrant, and of high quality. There’s a good chance that vegan food brands would want to work with them.HANDPICKED RELATED CONTENT:37 Best Content Writing Tools to Help You Become a Better Writer6 of the Most Effective Types of Influencer CollaborationsTop 15 Influencer Marketing Examples with Amazing Results#2. Engage Your Audience. Brands also look for engagement rate when searching for influencers to work with. That’s why it’s crucial that you build an engaged and loyal audience if you want to make money on social media.Instead of simply creating content about yourself, you need to engage your followers in a two-sided conversation.For example:Even if you post a photo of a certain product that you really like, you could ask questions such as:Have you used it before?What do you think about it?Or you could encourage them to create content in tune with what you’ve created and ask them to tag you in it.Take a look at how popular micro-influencer Alex Aldeborgh (@daisybeet) engages with her followers in the following post.Image via InstagramEven on her other posts, she normally engages her fans by wishing them a good day or even providing them with useful information.HANDPICKED RELATED CONTENT:How to Earn Money from TikTok as an Influencer (A Detailed Guide)9 of the Best Digital Marketing Strategies for Startups6 Best Instagram Giveaway Ideas (And How to Execute Them)#3. Join an Influencer Network. Whether you’re just starting out as an influencer or you want to further monetize your influence, joining an influencer network can be a great way to find brands to work with.It’s especially beneficial for micro-influencers who haven’t yet received a lot of proposals from brands and marketers.These influencer networks match you with brands that are in search of influencers fitting your characteristics. So, this is one of the best ways to make money with social media and make your mark as an influencer.In some cases, brands and marketers may also use the network to search for influencers in a certain niche. Some networks may even let you choose brands that you wish to promote.All of these options will prove to be beneficial for both influencers and brands. And there are plenty of networks and platforms to choose from.I recommend using Fourstarzz Media. This platform is specially geared towards micro-and nano-influencers, so there’s a good chance that you’ll be able to get connected with a brand with ease.What Are the Best Ways to Make Money on Social Media?After you’ve completed these basics, you can start implementing some tactics to make money on social media.What types of collaborations should you look for?Here are some of the most popular and effective ways for influencers to make money with social media:HANDPICKED RELATED CONTENT:How to Monetize Instagram to Earn a Fortune23 of the Best Influencer Marketing Agencies That Can Help You Grow Your BrandPerfect Audience Review 2022: Here’s Everything You Need to Know#1. Social Media Sponsored Posts. Sponsored social media posts are one of the most popular ways for influencers to make money from social media. It’s when brands or marketers pay you to promote a certain brand or product in a social media post.What can you post about?The post can either be entirely about the product or it could feature several products at a time. You could create review posts, informational posts, or simply feature and tag the products.Instagram influencers can charge between $124 and $1,405 per sponsored post. But the cost can vary according to a number of factors such as the number of followers you have and the industry in which you specialize.The report found that influencers who have fewer than 2000 followers may charge around $124 per post and those with 2000 to 5000 followers charge an average of $137 per post.Image Source: Influence.coIt is relatively easier to make money on Instagram. And the cost for one sponsored post increases and by the time you have more than a million followers, you could charge around $1,405 for a single Instagram post.So, what’s the drill?Simple, the more followers you have, the more likely you are to make money with social media as an influencer.What does this mean for you?It means that you need to try to further increase your following by creating engaging content regularly and hosting giveaway contests that require participants to follow you.Here’s an example of a sponsored post created by style blogger Chandler Nehrt for Quattro.HANDPICKED RELATED CONTENT:How to Become an Instagram Influencer and Make Money NowInfluencer Marketing Agreement – Learn All About ItImage via InstagramShe talks about her experience using the product and she addresses her audience’s pain points too.#2. Become a Brand Representative/Ambassador. You can also make money on social media by becoming a brand representative or brand ambassador.What’s so good about this form of partnership?This would normally be an extended contract lasting for at least a couple of months instead of just a one-off partnership. In some cases, the contract may last for several years as well.When you’re a brand representative or a brand ambassador, you’ll get free products from the brand. In exchange, you’ll have to promote these products on social media.Some brands may pay an additional fee for every piece of content their ambassadors create. Or there may also be a compensation clause in which you earn a percentage or a fixed sum for every conversion you drive.You can look for top brands that offer a brand ambassador program and see if those brands would be suitable for you.What else?You can even check out whether or not some of your favorite brands have an ambassador program you could sign up for. This is a great way to start making money online.For example, the Lululemon brand ambassador program is currently a very popular program among influencers.HANDPICKED RELATED CONTENT:10 Examples Illustrating The Power Of B2B Influencer MarketingBest B2B Social Networking Channels To Grow Your BusinessImage via shop.lululemon.comAlthough there’s no direct link or instruction on their website, you can get in touch with them to see if there are any opportunities for you.Or instead of conducting a manual and extensive search, you can always sign up for a brand rep network.PrepReps and Reppr are some excellent options for making money on social media.These networks will make it easier for you to apply to become a brand representative for some of the biggest brands.For example:As you can see in the screenshot below, Reppr even allows you to search for opportunities based on specific industries.Image via RepprBrand rep programs are especially useful for those who are still in the process of building a large following.Why?Because many brands aren’t necessarily looking for social media users with thousands of followers but rather everyday consumers who are relatable for their target audience.HANDPICKED RELATED CONTENT:How Do You Amplify Influencer Content?8 of the Most Effective Ways to Use Content Marketing for StartupsBrands like Spartan Race have worked with a community of micro-influencers in the sports and fitness industry.For example:One of their reps is Nick Vitale (@sharpenthesword), who has just over 5,700 Instagram followers.Image via InstagramAs you can see in the screenshot above, he’s mentioned in his bio that he’s a Spartan ambassador. And he’s also included a link to his Scoutsee storefront in which he promotes Spartan products.This is a brilliant way to make money on social media and if you’ve never tried it, you should consider it right now.#3. Make Money on Instagram and other Platforms with Affiliate Marketing. Another excellent way for influencers to make money on social media is by leveraging affiliate marketing.What is it all about?In this type of arrangement, you can approach brands or retailers that offer affiliate programs. And once you’ve been accepted as an affiliate marketer for the brand, you will be provided with a unique affiliate link or code that will be used for tracking your conversions.You can create posts in which you review, feature, and/or promote their products. Depending on which brand or retailer you’re working for, you might have to buy the product yourself.Or you may be able to choose from a collection of products that the brand or retailer is willing to provide to you for free.Then what?You will direct your followers to use the affiliate link or code. And for every conversion resulting from your link or code, you will earn a commission.How much commission?The commission may be a small percentage or even a fixed amount depending on the program you’ve signed up for.There are tons of retailers and brands that offer affiliate programs. Look for the programs offered by your favorite brands or conduct a simple Google search for the best programs available.ASOS is one of the most popular ones. Affiliate marketers can earn 5% commission for every conversion they drive to the site.Image via ASOS.COMHowever, if you want to sell something through affiliate marketing, you need to create an affiliate campaign yourself.For this, I recommend using InviteReferrals. This tool will make the entire process simple for you, regardless of whether you want to launch the campaign on social media, website, or even your app. It also provides detailed analytics to help you figure out where you stand.#4. Share Your Patreon Account. You can also start making money on social media by directly appealing to your followers.How?Set up a Patreon account and then share this with your followers on social media. Through Patreon, you can offer exclusive experiences to fans that are willing to pay a small fee.The experience could be anything from early access to your content or more detailed and in-depth versions of your social media content.HANDPICKED RELATED CONTENT:How to Leverage Influencers to Generate UGC at ScaleThe Ultimate Facebook Influencer Marketing Guide for 2022Influential YouTube channel Roomie, for instance, has set up a Patreon account that he regularly promotes through his videos.Image via YouTube channelBy becoming a patron of him, his followers can get extended versions of the new songs he creates and access to Patreon-only streams.The membership fees range from just $1 per video all the way to $200 per video. The highest tier members can even decide what videos Roomie should create on his main channel.Through this platform, you’ll basically get paid by your fans for exclusive experiences. This is ideal for those of you who are excellent content creators.Even if you don’t have tens of thousands of followers, you’ll still be able to make a decent amount of money.What do you need to start earning? You should be good with just a few loyal fans who truly value your content.HANDPICKED RELATED CONTENT:The Real Value of Facebook Live And Instagram Stories? The Data You Can Unlock Through Influencer Marketing!CBD Marketing Guide (2021): How to Boost Your CBD Business Online#5. Co-Create Product Lines. You’ve built a significant following and you’ve worked with several brands to generate a steady stream of income. And you might think there are no opportunities anymore to further increase this income.Do you think that there’s nothing more for you to monetize as an influencer?That isn’t true.There are still several ways to make even more money on social media platforms after you’ve become a successful influencer.One of the best methods is to promote or sell products that you have created in partnership with brands.How?Some brands will want to partner with you to co-create products for their brand. And in return, they might pay you large sums along with a percentage of the profits.But keep in mind:The compensation plan may vary according to your contract and your level of involvement in the creation process.If you’re a big enough influencer, the brands may benefit from having your name on their products. And you’ll be generating even better income through this partnership. So this type of collaboration is a win-win.YouTube channel sensation, Bunny Meyer (@grav3yardgirl), partnered with Tarte Cosmetics to create a makeup collection.Image via TwitterShe posted photos and videos showcasing the product and encouraging her followers to get the collection.#6. Promote Your Own Products. Maybe you could ditch the part where you partner with brands and come up with your very own line of products.Sure, you may need to make a small investment at first. But if you want to monetize your influence even better, this type of investment could prove to be beneficial in the long run. You can then promote and sell products on social media platforms.For example, YouTuber Jack Douglass has set up a merch store in which his followers can get products related to his channel.HANDPICKED RELATED CONTENT:82 Experts Share Their Favorite Influencer Marketing Tips to Increase ExposureHow Much Do Influencers Charge For Sponsored Posts?Image via TwitterThe store contains products such as t-shirts with catchphrases and quotes from his popular content.#7. Sell Your Photographs. This is one of the lesser-known ways to make money on social media but is effective nonetheless. You can actually sell the photographs you took for social media posts if they are of high quality.Sounds promising, right?This is a great way to make money on social media platforms, especially, if you are active on Instagram and love photography.Your Instagram feed can act as your digital portfolio for interested buyers, so it is crucial that you post actively there. Also, make sure that you add personalized watermarks to your pictures so that people can’t just use it for free.You can wait for people to contact you or you can look for buyers yourself. There are several platforms where you can look for buyers, sell your pictures and make money.For example:Snapwire, Mobile Prints, and Twenty20 are some good platforms that you can check out to find buyers for your photographs.HANDPICKED RELATED CONTENT:21 Time-Saving Influencer Outreach Tools You Need to Know Right NowInfluencer Marketing and Millennials: How to Make Them Work TogetherFAQs. Q1. Who is the highest-paid social media influencer?A. This keeps changing from time to time, but there are few celebrities who are right at the top of the list, in general. Kylie Jenner, Christiano Ronaldo, Kim Kardashian-West, Selena Gomez, and Dwayne “The Rock” Johnson are some of the highest-paid social media influencers.Q2. How much does a social media influencer make?A. There is a lot of ambiguity when it comes to determining what an influencer should be paid. In fact, influencers can make anywhere from $10 per post to even a million dollars for a single post. However, in general, it depends a lot on how popular the influencer is.Q3. How do Facebook influencers make money?A. Facebook influencers can make money by creating and posting sponsored content for brands that they collaborate with. They can also sell their own products on Facebook to earn money or become an affiliate and promote other brands’ products on Facebook.Q4. Can you make money being an influencer?A. Yes, you can not only earn money but can make a living being an influencer. Many social media influencers are doing it as a full-time job.Q5. Who is the highest-paid Instagrammer?A. Christiano Ronaldo was the highest-paid Instagram influencer in 2020.Q6. Which social media platform is best for earning?A. All social media platforms have their own pros and cons, but all are good for earning money. Still, people believe that YouTube is most profitable as there, you get paid for the ads shown on your videos and the earning-potential is unlimited. It is more difficult to become an influencer on Instagram, but once you do have a substantial following, it is also quite profitable.Q7. How can I become a social media influencer and earn money?A. To become a successful social media influencer, you first need to pick your niche and platform and build a significant following. Once you have that, you can then start reaching out to brands and pitch your services to them. It is also important to build organic relationships with brands by engaging with their social media content and mentioning their products for free if you like them.Q8. How many followers do you need to get paid as an influencer?A. There is no minimum requirement on the number of followers, as anyone can be an influencer as long as they have a loyal audience and expertise in their niche. Still, anywhere over the 1000 follower mark is a good place to start.Ready to Make Money on Social Media as an Influencer?These are some of the best ways to make money on social media platforms.So, what are you waiting for?You should start using these ways to make money on social media and monetize your influence. And, don’t forget the basics of posting relevant and good-quality content to keep your followers engaged and loyal.Do you know of any other ways to make money on social media platforms? Please share them with us in the comments section. We would love to hear your thoughts.Disclosure: This content has a few affiliate links, which means if you click on them, I will get a commission (without any extra cost to you).ABOUT THE AUTHOR. Shane Barker is a digital marketing consultant who specializes in influencer marketing, product launches, sales funnels, targeted traffic, and website conversions. He has consulted with Fortune 500 companies, influencers with digital products, and a number of A-List celebrities.Leave A CommentBuy Power Hour Book Shane Now!Top Services. SEO ServicesInfluencer Marketing ServicesContent Marketing ServicesOnline PR Servicesreport this adMore to read. 10 Things You Need to Know About PPC Right Now. Sure Running PPC campaigns can be your golden ticket towards taking your business to the next level However, the flip side of the coin is also true (sadly) If you aren’t running your PPC campaigns the right way, they can easily suck your...Read More [...]3 Ways to Get More Online Business Leads. Your sales career lives and dies by the quality of your leads Having a high percentage of good quality business leads continually flowing in can help you build a successful business and enjoy strong financial rewards In the past, getting leads...Read More [...]Instagram Influencer Marketing Case Study: How it Benefits Influencer Marketing Agencies. If you’ve never written a case study before, you might not realize how impactful they are In reality, publishing detailed and thorough case studies is a foolproof way to gain clients and exposure Case studies can be a great way to promote your...Read More [...]report this adSubscribe to Our Marketing Newsletter. Subscribe Now×Web & Mobile App Analysis Report. ×Transform the Way You Do Business with an Expert Consultation. ×Let Our Experts Do All the Work and Get You More Business. ×THE ULTIMATE PRODUCT LAUNCH STRATEGY GUIDE. Discover Tools, Tips and Examples with proven strategies to successfully launch your product. 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We will email you once we launch, and are only accepting the first 200 students who enroll.×Sign up now to learn how to become a successful influencer. *Disclaimer: Filling out this form DOES NOT guarantee you access to the course. We will email you once we launch, and are only accepting the first 200 students who enroll.×Sign up now to learn how to become a successful influencer. *Disclaimer: Filling out this form DOES NOT guarantee you access to the course. We will email you once we launch, and are only accepting the first 200 students who enroll.×Sign up now to learn how to become a successful influencer. *Disclaimer: Filling out this form DOES NOT guarantee you access to the course. We will email you once we launch, and are only accepting the first 200 students who enroll.×Really?You’re saying giving up on….Accomplishing your dream of being an influencerGetting free products, services and extra incomeLiving a life with the freedom to do what you wantA chance to win a FREE Scholarship to the courseIf you’ve reconsidered then sign-up for free below:*Disclaimer: Some of the material included in this course was offered in the influencer course I taught at UCLA.xx [kwBody] => Array ( [0] => stdClass Object ( [term] => influencer [tf] => 69 ) [1] => stdClass Object ( [term] => social [tf] => 50 ) [2] => stdClass Object ( [term] => media [tf] => 44 ) [3] => stdClass Object ( [term] => brand [tf] => 44 ) [4] => stdClass Object ( [term] => social media [tf] => 43 ) [5] => stdClass Object ( [term] => money [tf] => 41 ) [6] => stdClass Object ( [term] => product [tf] => 32 ) [7] => stdClass Object ( [term] => money social [tf] => 25 ) [8] => stdClass Object ( [term] => 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[tag] => h2 [children] => Array ( ) ) ) [og] => stdClass Object ( [ogImage] => https://www.cyberclick.net/hubfs/blog/Copia%20de%20Mobile%20Growth%20Hacking%2010%20estrategias%20para%20incrementar%20las%20descargas%20de%20apps.jpg#keepProtocol [twitterImage] => https://www.cyberclick.net/hubfs/blog/Copia%20de%20Mobile%20Growth%20Hacking%2010%20estrategias%20para%20incrementar%20las%20descargas%20de%20apps.jpg#keepProtocol ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => How to Make Money on Instagram and Get More Followers Home Blog By Jessica Bubenheim, on 26 May 2021 With beautiful photos, live videos, fun stories, and now Reels, it’s safe to say Instagram is one of the most diverse and popular social media apps on the market. But beyond just being entertaining, it’s actually possible make money on Instagram. Instagram was created as a photo sharing platform, but has since become a part of millions of peoples' daily lives. It gives you a platform to share your unique perspective, making it possible to grow your following and monetize your Instagram account. Monetizing your account can be challenging and it likely won't happen overnight, but it is possible! In this guide, we’ll review how to grow and monetize your Instagram account. We’ll cover both organic and paid Instagram advertising options, so stick around!  Influencers on Instagram. We don’t have to tell you that Instagram is incredibly popular. Just look at the number of active users per month and the position it holds in the world's most popular social networks, according to Statista as of January 2021. Over a billion people open the app every day to watch or share images and videos.It's safe to say that Instagram is not a passing fad, but a well established network. Many people use it to search for restaurants, hotels, and product information. They also stay up to date with their favorite influencers and brands, check on what their friends are up to, and learn more about topics they’re interested in. There are multiple accounts catering to every type of interest.Other encouraging facts about the app include:Over a billion active users every month.Therefore, ads on Instagram have the potential to reach over a billion users.90% of users follow at least one company on Instagram.Over 500 million accounts use Stories daily.There are over 25 million company profiles worldwide61% of users research new products or services on Instagram.More than 200 million users visit a company profile every day50% of users are more interested in a brand after seeing it advertised on Instagram About 4 million businesses use Stories ads monthlyOver a third of B2B decision makers use InstagramInstagram has become its own medium and becoming an influencer within this network can be very lucrative, but challenging. However, with a little patience, perseverance, and creativity anyone can become an influencer and make their presence on this network profitable.It's important to recognize that today there is more competition than ever. So it is key to use every tip and trick in the book to help your account stand out from the rest. This includes everything from hashtags, to the time you post, to the quality of the videos and images you publish. Without further ado, let’s dive into our 7 tips to grow and monetize your Instagram account! How To Make Money on Instagram. 1. Create a Niche. Today it's hard to have an account that is very broad and that doesn't really center around a specific theme and get a lot of followers. Instagram has grown so much that standing out has become more difficult. In order to get attention and make your account profitable, you must specialize in a niche market.People who successfully make money on Instagram don't see their account as a personal profile, but as a business.Consider creating an account where you share your expertise or opinions, teach or show people how to do something, or post about your brand (news, projects, etc.).If you're still not sure where to start, these are some visually-friendly categories that are often popular.Animals/petsEcommerce accounts where you publicize products or servicesBrands (with a branding objective rather than selling)Food and recipesSports, wellness, fitness, and dietAutomotiveArchitecture, design, illustration, and artTravel, leisure, and hospitalityFashionBeautyJewelryReviews are also popular. One example of this is @things.i.bought.and.liked (TIBAL) which highlights and reviews various product, mostly skincare, hair products, and household items. Her posts often include the following:A monthly round up of her favorite productsDaily Stories highlighting her current favoritesDemonstrations or tutorials of how she uses the different products she is reviewing “Empties” where she reviews a product after she finishes using it and explains whether or not she would recommend itLinks to the products she usesIn her posts, she shares professional and edited images, friendly text focused on sharing her opinions and personality with her audience (not only on selling) and a few relevant hashtags.Pro Tip: If you are serious about monetizing your account, you can turn it into a company profile. This is done by linking your Instagram with Facebook. This way you can put a call to action button like "Send Message," get data with Analytics, and advertise on Instagram.2. Influencer Marketing Platforms. Influencer marketing is by far the most profitable way to make money on Instagram. Depending on the amount of followers you have, you can charge brands anywhere from hundreds to thousands of dollars for just one single sponsored post or story. But, this doesn’t happen overnight. Finding brands to partner with on sponsored posts can be tricky, especially if you were just starting out. Bigger influencers (100,000+ followers) have it a bit easier, but the smaller accounts (5,000+ followers) have to put in the work themselves first.Create a dossier that includes information on who you are, your profile, what type of audience you have, your niche, data on your followers, and on your Analytics. Find companies or brands that you would like to work with and present how you can spread the word about their products or services. Once your account gets big enough, you can even find influencer agents to work with who will find brands on your behalf.If your account is still small, there are some platforms you can use that allow brands and influencers to connect easily. Here are a few.1. Influenz. If you are an influencer and want to earn money with your Instagram account, register with Ifluenz. It doesn't cost anything and they offer you a table of earnings, depending on the number of followers you have. For example, if you have 5,000 followers, you can earn $10 for a validated post. And if you have 500,000 followers, you can earn $1,000 per validated post. The average is $2 per 1,000 followers.2. Coobis. Coobis is a marketing platform that not only fulfills the basic conditions for a good operation and performance when it comes to campaigns but also presents itself as one of the most complete platforms available. In fact, it responds to the needs of two different target audiences, advertisers and publishers.3. SocialPubli. This is another platform for influencer marketing that puts companies in contact with influencers. And among them are Twitter, Facebook, Instagram, LinkedIn, Youtube, and Snapchat. The strength of this platform is that it not only works with influencers, but also with microinfluencers. If you are an influencer, all you have to do is register and create your profile. The platform itself will tell you what your audience is interested in, so brands will know what kind of community you have created.When you’re first starting out, these platforms are a good option to begin to earn some money. But as you grow, I recommend reaching out to brands you are interested in and trying to form partnerships yourself. In the long run, the deals will be more lucrative this way and you’ll have greater control over who you feature on your page.3. Instagram Stories, Live Events, Instagram TV, and Reels. If you are serious about monetizing your Instagram account then you cannot miss out on Stories, Instagram Lives, Reels and IGTV.Remember, to make money on Instagram you have to see your account as a business. This means you have to constantly be producing content that entertains and holds people's attention.Instagram Stories was created to compete with Snapchat. It consists of images that only last 24 hours and then disappear. Although they do remain in your account memory and you can highlight the ones you like at the top of your profile.Some Instagram Stories ideas include publishing discounts, reviewing products, sharing personal news, highlighting daily activities, or sharing events you’re attending. This content is just as important as what you post in your regular feed, and can be casual.You can also broadcast live videos on Instagram. When the broadcast is live it appears in the same spot as Stories, but afterwards it can be found on IGTV.Because many people were at home for much of 2020, IGTV grew exponentially. It's designed to allow users to post longer, high quality videos that people can watch whenever they want. For quality control, it's better to pre-produce and upload them in good quality, rather than broadcast live. It also works as a standalone app that you can install separately. Videos from this application can complement and reinforcement your Instagram account monetization strategy. It is recommended to upload videos of 15-60 minutes.Finally, we have Instagram Reels. This is the newest feature from the social network and it serves as a direct competition to TikTok. If you have a TikTok account, this is a great way to repurpose your content.  Or you can make completely unique content solely for this platform. TikTok proves that this style of content is popular, especially among Gen Z, so don’t ignore it! 4. Sell Presets Or Default Filters You Have Created. Presets are a common and easy to sell item that many big accounts use to make some extra money. What exactly is a preset? Presets can be created in Lightroom, and they help enhance the effects of Instagram images. They're special filters, often designed by Instagramers or photography professionals, that the owners put up for sale. Here are two examples.Jack Morris @doyoutravel has over 2.5 million followers and has made his account a real business. He not only makes money through brand partnerships, but through the presets that he [email protected] is another Instagram account that sells presets when they’re not posting about brand partnerships.Selling presets likely won’t yield enough money to live off of by itself, but they’re an easy and effective way to make extra cash. They are especially useful if you have a unique photography aesthetic that your followers love, as it allows them to emulate you in their own pages and then share it with their followers.5. Advertising on Instagram. Competition on Instagram is tough and it can be difficult to differentiate yourself, whether as an influencer or corporate account so sometimes, to make money, you have to invest money. An advertising campaign on Instagram can help exponentially multiply your engagement by attracting potential customers or followers to your account.Aspiring influencers should not shy away from the idea of advertising, since there is no minimum budget requirement. You can start with $5 a day or $3,000 a month. It all depends on your goals, and budget.Instagram campaigns can be stopped and modified at any time. The platform gives opportunities to both small and big accounts. Remember, digital advertising is not just for big brands!6. Listen to What Your Audience Wants. When you start to make money, your checks will likely be coming from the businesses you’re working with, but the real drivers behind your success will be your audience.It’s essential that you always keep your audience’s interests and wants at the forefront. They are the reason for your success as they are the ones who tell their friends about you and the main way you grow your account and business.The great thing about influencer marketing is that audiences feel like they’re friends with the influencers they follow. Make sure you are checking in regularly with your audience and gauging how they perceive your content and what they want to see from you next. If your audience prefers highly staged photos and beautiful images, be sure to work hard at creating that content. Or, maybe your audience prefers Instagram Stories where you share humorous parts of your day and funny thoughts. The important thing is that you understand and utilize this.This is a great way to ensure your engagement numbers are high, and thus bring in more followers and interest brands. If you deviate too far from what your audience is interested in, you could lose followers, engagement, and potential brand deals. Remember, while the brands are the ones who will pay you, your followers are the reason the brands are willing to pay you. 7. Sell Your Photos in Image Banks. If you want to make money with Instagram in a direct way, you can upload some of the images that you have prepared for this network to an image bank and put a price on them.You could use the Shutterstock.com, which works under the concept of micro-stock. Be mindful that this means your photos are available for anyone to use (for a price). With the ever increasing use of the internet, the need for digital images has grown exponentially and for this reason, micro-stock portals were created.They are a kind of low-cost image bank where you take the pictures and they sell them. The fees are distributed in proportion. For example, for every 100 images you can get 400 dollars a year, but if you are regularly uploading new ones, for about 1600 photos you could get 6400 dollars every year. There is no secret here, just consistency in taking quality photos and uploading them to the platforms. Normally, there is no exclusivity, so you can upload the same one to several different portals.One tip is to upload images from your Instagram that you know may be needed by companies or agencies.In Conclusion. Remember, today it takes more effort and money to grow your followers and monetize your account than it did a few years ago. But, your initial investment doesn't have to be very high and the results will begin to build upon themselves the more your grow.Learn, try different things, and always listen to your audience and what they want. Don't look for shortcuts, and avoid buying followers or fake likes. By adapting to your audience's tastes and working hard, you can become a real influencer and make money on Instagram!  Jessica Bubenheim. International Business at Warwick Business School. Inspired by Social Entrepreneurs. Receive news by email. 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Privacy Policy - Cookies Policy Cyberclick Agent S.L. - R.M Barcelona, Tomo 32.063, Folio 52, Hoja B-201.583, Inscripción 1 NIF B-62084959 [kwBody] => Array ( [0] => stdClass Object ( [term] => instagram [tf] => 44 ) [1] => stdClass Object ( [term] => account [tf] => 32 ) [2] => stdClass Object ( [term] => influencer [tf] => 24 ) [3] => stdClass Object ( [term] => money [tf] => 21 ) [4] => stdClass Object ( [term] => marketing [tf] => 19 ) [5] => stdClass Object ( [term] => follower [tf] => 17 ) [6] => stdClass Object ( [term] => brand [tf] => 17 ) [7] => stdClass Object ( [term] => audience [tf] => 15 ) [8] => stdClass Object ( [term] => social [tf] => 15 ) [9] => stdClass Object ( [term] => platform [tf] => 14 ) [10] => stdClass Object ( [term] => image [tf] => 14 ) [11] => stdClass Object ( [term] => money instagram [tf] => 13 ) [12] => stdClass Object ( [term] => sell [tf] => 11 ) [13] => stdClass Object ( [term] => story [tf] => 11 ) [14] => stdClass Object ( [term] => instagram account [tf] => 10 ) [15] => stdClass Object ( [term] => preset [tf] => 10 ) [16] => stdClass Object ( [term] => product [tf] => 10 ) [17] => stdClass Object ( [term] => post [tf] => 10 ) [18] => stdClass Object ( [term] => photo [tf] => 9 ) [19] => stdClass Object ( [term] => company [tf] => 9 ) [20] => stdClass Object ( [term] => content [tf] => 9 ) [21] => stdClass Object ( [term] => advertising [tf] => 8 ) [22] => stdClass Object ( [term] => ad [tf] => 8 ) [23] => stdClass Object ( [term] => network [tf] => 7 ) [24] => stdClass Object ( [term] => digital [tf] => 7 ) [25] => stdClass Object ( [term] => video [tf] => 7 ) [26] => stdClass Object ( [term] => user [tf] => 7 ) [27] => stdClass Object ( [term] => work [tf] => 7 ) [28] => stdClass Object ( [term] => influencer marketing [tf] => 6 ) [29] => stdClass Object ( [term] => social media [tf] => 6 ) [30] => stdClass Object ( [term] => share [tf] => 6 ) [31] => stdClass Object ( [term] => grow [tf] => 6 ) [32] => stdClass Object ( [term] => profile [tf] => 6 ) [33] => stdClass Object ( [term] => business [tf] => 6 ) [34] => stdClass Object ( [term] => image bank [tf] => 5 ) [35] => stdClass Object ( [term] => social ad [tf] => 5 ) [36] => stdClass Object ( [term] => social media social [tf] => 4 ) [37] => stdClass Object ( [term] => media social ad [tf] => 4 ) [38] => stdClass Object ( [term] => broadcast live [tf] => 4 ) [39] => stdClass Object ( [term] => media social [tf] => 4 ) [40] => stdClass Object ( [term] => grow monetize instagram [tf] => 3 ) [41] => stdClass Object ( [term] => monetize instagram account [tf] => 3 ) [42] => stdClass Object ( [term] => grow monetize [tf] => 3 ) [43] => stdClass Object ( [term] => monetize instagram [tf] => 3 ) [44] => stdClass Object ( [term] => company profile [tf] => 3 ) [45] => stdClass Object ( [term] => instagram story [tf] => 3 ) ) [page_rank_decimal] => 40 [rank] => 1965302 ) [20] => stdClass Object ( [position] => 21 [title] => How to Make Money From Social Media - Neil Patel [url] => https://neilpatel.com/blog/social-media-make-money/ [destination] => https://neilpatel.com › blog › social-media-make-money [description] => How to Make Money From Social Media · 1. 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[tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => Find your niche . [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => Authenticity is key . [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => Learn how to advocate for yourself. [tag] => h3 [children] => Array ( ) ) [3] => stdClass Object ( [level] => 3 [name] => Build trust with transparency . [tag] => h3 [children] => Array ( ) ) [4] => stdClass Object ( [level] => 3 [name] => Provide good customer service . [tag] => h3 [children] => Array ( ) ) [5] => stdClass Object ( [level] => 3 [name] => Promote your work on other platforms . [tag] => h3 [children] => Array ( ) ) [6] => stdClass Object ( [level] => 3 [name] => Keep tabs on trends and competitors. [tag] => h3 [children] => Array ( ) ) ) ) [4] => stdClass Object ( [level] => 2 [name] => Related Articles. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 3 [name] => How to Get Free YouTube Subscribers (the Real Way). [tag] => h3 [children] => Array ( ) ) [1] => stdClass Object ( [level] => 3 [name] => 10 Famous Instagram Dogs (And How to Make Your Dog Instagram Famous). [tag] => h3 [children] => Array ( ) ) [2] => stdClass Object ( [level] => 3 [name] => How to Get More Followers on Instagram (the Real Way). [tag] => h3 [children] => Array ( ) ) [3] => stdClass Object ( [level] => 3 [name] => How to Advertise on Instagram: A 5-Step Guide to Using Instagram Ads. [tag] => h3 [children] => Array ( ) ) ) ) [5] => stdClass Object ( [level] => 2 [name] => Well this is awkward. [tag] => h2 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => Try it for Free. [tag] => h4 [children] => Array ( [0] => stdClass Object ( [level] => 4 [name] => Try it for Free. [tag] => h4 [children] => Array ( ) ) ) ) ) ) ) [og] => stdClass Object ( [ogImage] => https://blog.hootsuite.com/wp-content/uploads/2021/06/make-money-on-instagram.jpg ) [schema_type] => Array ( ) [comment_questions] => Array ( ) [body] => How to Make Money on Instagram 4 Ways (Tips for 2021) Everyone wants to know how to make money on Instagram. Learn to work as a creator, be an affiliate marketer, sell your own products, or more. Want to know how to make money on Instagram? There are more ways than one. Creators go where the money flows. And with money flowing in abundance from competitors’ creator funds, Instagram is doing its part to add new revenue streams to the platform. With an increasing number of creators shifting from sponsored content to audience monetization, Instagram’s diversified approach may just make sense and dollars. Right now, there are four primary ways to make money on Instagram: Work as an influencer to post content sponsored by brands Be an affiliate marketer selling other people’s products Earn money for your content through tips and ads Become an entrepreneur and sell your own products Learn about new monetization tools, get inspired by creator examples, and find tips that apply to all four tracks. Table of Contents Can you make money on Instagram? How much money can you make on Instagram? How to make money on Instagram Tips for earning money on Instagram Bonus: Download a free checklist that reveals the exact steps a fitness influencer used to grow from 0 to 600,000+ followers on Instagram with no budget and no expensive gear. Can you make money on Instagram? Yes. In fact, helping creators make a living on the platform is a top priority for Instagram, especially as competition heats up from TikTok, Snapchat, and YouTube. “Our goal is to be the best platform for creators like you to make a living,” said Facebook and Instagram’s top boss Mark Zuckerberg at the company’s first-ever Creator Week in June 2021. View this post on Instagram A post shared by Instagram’s @Creators (@creators) Sponsored content and affiliated marketing remain the top ways for creators to earn on the platform. Now Instagram is kicking efforts into high gear on the direct monetization front, where the company lags behind competitors. New direct monetization efforts. Introduced in 2020, Live Badges allow followers to support creators during broadcasts by purchasing hearts, which range from $.99 to $4.99. Creators in select markets can also earn revenue share from IGTV ads. During Creator Week, the company unveiled a native affiliate tool, new creator shop options, and bonuses for hitting milestones with badges and Live sessions. Instagram head Adam Mosseri also teased subscriptions, gated content, merch initiatives, and even NFTs. Tests on an incentive that would give creators bonuses for posting Reels are also currently underway. View this post on Instagram A post shared by Adam Mosseri 🌈 (@mosseri) Creator funds are not off the table, either. But it’s unlikely that Instagram will hand out cash as freely as YouTube (which plans to dole out $100 million over the next year to Shorts creators) or come anywhere near Snapchat’s payout rate of $1 million per day. How much money can you make on Instagram? As far as rate standardization goes, the creator economy remains as unwieldy as the wild, wild west. How much money you can make on Instagram depends on your credentials, audience size, engagement, strategy, hustle, and a dash of dumb luck. Unfortunately, racism also affects how much creators earn on Instagram. Accounts like @influencerpaygap aim to close the pay rate gap by bringing transparency to how much creators are getting paid. Here’s how much some creators and celebs have reportedly cashed in: $250-$300: The average amount micro-influencers earn on a sponsored post according to the CEO of influencer marketing platform Heartbeat in a Business Insider interview. $300: The amount a micro-influencer with 13K followers, reportedly collects on sponsored Reels. $750 to $1,000: The amount “plant influencer” Nick Cutsumpas (@farmernicknyc, 63K+ followers) charges per sponsored post (up to three slides). For IGTV videos between two and three minutes, he charges $1,500. $8,500: The amount “robot influencer” Lil Miquela (@lilmiquela, 2.5 million followers) reportedly earns per sponsored post. $102,000: @goldenretriever’s projected annual earnings on Instagram in 2020 with 1.9 million follows. $275,000: The amount Kendall Jenner was paid in 2017 for a single Instagram post to promote the Fyre Festival. She later paid a $90,000 settlement for misleading and not meeting ad regulations. $1,015,000: The amount The Rock reportedly earned for a single sponsored post in 2020. How to make money on Instagram. Strategy 1: Partner with a brand. Instagram is creating a marketplace to help brands and creators find each other. In the meantime, eligible creators can continue to use monetization tools in Brand Collabs Manager, work with an influencer agency, or reach out to relevant brands. Brand Collabs Manager is available to Instagram creators in the U.S. who have: Active Business or Creator accounts 10,000+ followers 100+ hours of watch time on original videos or 1,000 combined engagement (likes and comments) in the last 60 days No history of content violations Look for brands that align with your interests, values, and shopping history. “Figure out how to include the brand in a video you’re already planning,” recommends @chazsmith on the Instagram website. Brand partnerships are always more effective when they’re genuine. View this post on Instagram A post shared by I S H (@beautybyish) A growing number of brands like Sephora, Lululemon, and Savage X Fenty also actively recruit rising influencers to ambassador programs. Do your research. If you think you’d be a good fit with a brand, it may be worthwhile to apply, especially if it leads to a long-term partnership. Looking to nab your first deal? Learn how Aysha Harun, Achieng Agutu, and Nya-Gabriella Peets have found success with branded content in this Instagram Live: View this post on Instagram A post shared by Instagram’s @Creators (@creators) Strategy 2: Leverage affiliate links . Affiliate marketing allows influencers to earn commission from the sales they inspire. How does it work? Traceable links and promo codes shared in posts, Stories, or Instagram bios let brands track influencer referrals. Commission can range from 10-20%, depending on whether the partnership involves a pay-per-click or cost-per-acquisition model. View this post on Instagram A post shared by Katie Cung (@katiecung) Influencers interested in affiliate marketing can join affiliate networks such as CJ Affiliate, Pepperjam, ShareASale, or Rakuten. Brands such as Glossier, Mejuri, and Rent the Runway run their own affiliate programs. Bonus: Download a free checklist that reveals the exact steps a fitness influencer used to grow from 0 to 600,000+ followers on Instagram with no budget and no expensive gear. Get the free guide right now! View this post on Instagram A post shared by Jenné Claiborne (@sweetpotatosoul) This year, Instagram will start testing a native affiliate tool with creators in the United States and a group of brands that includes Benefit, Kopari, MAC, Pat McGrath Labs, and Sephora. This tool will allow creators to find, share, and earn commissions on products available on Instagram Checkout. Strategy 3: Earn money from your content. Creators that have built an audience with content that delivers entertainment or information value have an increasing number of ways to earn money on Instagram. Options like gated content, subscriptions, and even an NFT marketplace may soon be available on the app. For now, here are the primary ways to collect on your Instagram content. IGTV Ads In May 2020, Instagram began sharing revenue on 15-second ads played on their IGTV videos. This approach takes a page out of YouTube’s playbook, where rev share created the pro video star. For creators that publish long-form video content, this could become a notable income stream. View this post on Instagram A post shared by Instagram’s @Creators (@creators) Instagram Live Badges Creators that broadcast Instagram Live videos can earn “tips” from viewers in the form of heart badges. When a user purchases a badge, a heart icon appears next to their name in the live chat. Badges cost between $.99 and $4.99, with a cap of 250 USD per viewer per session. In addition to badges, Instagram is starting to reward creators for hitting specific Instagram Live milestones, including live streaks and teaming up with different accounts. Similar perks may soon be available to Reels creators as well. View this post on Instagram A post shared by Instagram’s @Creators (@creators) Link in bio Tipping via platforms like Buy Me a Coffee, Ko-fi, and Patreon has become fairly common practice on Instagram. If you think your followers would be willing to support your work, direct them to a relevant link in your bio or Instagram Stories. Strategy 4: Sell your own products or services. From photo filters to merch and runway-ready product lines, many creators do double duty on Instagram as entrepreneurs. In the past, those looking to sell their products or services on the app could either go the link-in-bio route or open a separate business account for their brand. Fisayo Longe took the latter route when she launched KAI collective in 2016 after finding success as a digital creator. View this post on Instagram A post shared by Fisayo Longe (@fisayolonge) Soon creators will be able to open Instagram Shops from their personal creator accounts as well and have access to product launch tools among other features. Instagram plans to make Creator Shops available to eligible U.S. creators by the end of the year. View this post on Instagram A post shared by Mother of Draguns (@nikitadragun) Help customers checkout on Instagram with these shopping pointers. Tips for earning money on Instagram. Whatever your place in the creator economy, these tips will help you earn money and keep your customers and audiences happy. Find your niche . From goth vegan influencers to senior citizen fashion experts, Instagram is where people with multi-hyphenate interests can find their community. Define your angle. Share the lens you look at life through, whether it’s shaped by your passions, interests, ethics, experiences, occupation, or all of the above. View this post on Instagram A post shared by Instagram’s @Creators (@creators) Authenticity is key . “Branded content is the economic engine behind the creator ecosystem in a lot of ways, but it doesn’t work unless it really feels right,” said Instagram’s head Mosseri in a recent Instagram Live session with Zuckerberg. “The best piece of advice I have for creators is to genuinely love the content you’re putting out there, your audience will feel that,” says Jojo Siwa (@itsjojosiwa), a Nickelodeon and social media star who’s parlayed her success into deals with Target, Walmart, and more. View this post on Instagram A post shared by Instagram’s @Creators (@creators) Learn how to advocate for yourself. Negotiating with big brands and agencies may seem intimidating. But it’s important to stand up for fair rates to keep your career viable and stave off burnout. “When it comes to negotiating rates for branded content, make sure you know your worth,” recommends Meeka Hossain (@catchmeeksifyoucan) in a post on Instagram’s Creators account. “Familiarize yourself with what the brand is asking for with regards to exclusivity, deliverables, and usage.” View this post on Instagram A post shared by Instagram’s @Creators (@creators) Check accounts like @influencerpaygap to compare rates and packages. Don’t be afraid to ask questions and say no if something doesn’t seem right. Build trust with transparency . Follow ad regulations. Sponsored content that flouts regulations risks being removed or fined. But it also jeopardizes how much trust your audience will put into your recommendations. On the flip side, including advertising disclosures actually builds credibility. A study published in Australasian Marketing Journal in 2020 finds that influencers who explicitly state their brand partnerships look more enthusiastic about brands than those who don’t. View this post on Instagram A post shared by steven sharpe jr (@stevensharpejr) Make sure you use Instagram’s Branded Content Tools and stay within the app’s advertising guidelines. Learn more about both here. Don’t cut corners by buying fake followers either. It doesn’t work and it’s kind of embarrassing. Here’s how to grow your audience the right way. Provide good customer service . Customers have high expectations for brands on social media. For influencers, the personal nature of the relationship adds another dimension. View this post on Instagram A post shared by Charlee Atkins, CSCS (@charleeatkins) Try to return the engagement your audience and followers give to you. Respond to questions and comments efficiently. Give shoutouts in Instagram Live sessions. When necessary, set boundaries with comment filters and controls, taking time off, or communicating directly with your audience. View this post on Instagram A post shared by Nada Nour El Hak (@nadanourelhak) This rule applies to clients as well. As an influencer, missing deadlines and ignoring contracts is the fastest way to burn bridges. (Besides, say, demanding free stuff from other businesses.) Aim to build your community by cultivating long-term relationships and partnerships. View this post on Instagram A post shared by Fohr (@fohr.co) Promote your work on other platforms . Create a blog or YouTube channel to expand your content marketing to provide the information that prospective buyers want as they make their buying decisions. Likewise, using other social media platforms will widen your reach. And email newsletters mean you aren’t at the mercy of the Instagram algorithm when notifying your audience about new content. Second-grade teacher Peter Limata shares and promotes his read-a-longs on Facebook, Instagram, and YouTube. View this post on Instagram A post shared by Mr. Peter Limata (@storytimewithmrlimata) Keep tabs on trends and competitors. Use social media monitoring (and listening) to stay on top of the conversation in your field, and among your competitors. Set up Instagram-specific search streams in Hootsuite to watch what’s happening on the platform. Then set alerts using Hootsuite Insights to monitor what your competitors are up to everywhere else. What techniques are they using to make money on Instagram? Don’t forget to keep an eye on your own Instagram stats either. Track what’s working with your audience and what’s not and find your sweet spot. Source: Hootsuite With files from Paige Cooper. Make money on Instagram using Hootsuite. From a single dashboard you can schedule and publish posts directly to Instagram, engage your audience, measure performance, and run all your other social media profiles. Try it free today. Get Started Easily manage all your social media in one place and save time with Hootsuite. Try it for Free Related Articles. Strategy How to Get Free YouTube Subscribers (the Real Way). Getting more free YouTube subscribers is the best way to maximize your organic reach on the second-largest website in the world. Strategy 10 Famous Instagram Dogs (And How to Make Your Dog Instagram Famous). We take a look at some of our favorite dogs of Instagram and find out exactly what it is that has made them so successful. Strategy How to Get More Followers on Instagram (the Real Way). Want to know how to get more Instagram followers? First tip: Use keywords to appear in searches, so it's easier for new people to find you. Strategy How to Advertise on Instagram: A 5-Step Guide to Using Instagram Ads. It's not too hard to create successful Instagram ads, as users are already primed to shop on the platform. Show Comments x Well this is awkward. We could have SWORN you were someone who wanted to blow your competition out of the water on social media. Our bad. We’ll just leave this 60-day free trial here for someone else then… Start Your Free 60-Day Trial Normally, the free trial would be for 30 days Offer expires in 04m 20s No risk, all reward. Cancel anytime within 60 days Try it for Free. Try it for Free. 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[tag] => h3 [children] => Array ( ) ) ) ) ) [og] => stdClass Object ( [ogImage] => https://static1.makeuseofimages.com/wordpress/wp-content/uploads/2021/06/paid-by-social-media.jpg [twitterImage] => https://static1.makeuseofimages.com/wordpress/wp-content/uploads/2021/06/paid-by-social-media.jpg ) [schema_type] => Array ( [0] => BreadcrumbList [1] => Article ) [comment_questions] => Array ( ) [body] => www.makeuseof.com Follow Us Follow MUO. 9 Social Media Platforms That Pay You to Create Content By Shannon Correia Published Jul 06, 2021 Share Share Tweet Email For many creatives, earning money from their hobbies is now more realistic than ever. But which platforms will pay for content? These days, working with brands and sponsored campaigns is not the only way you can get paid for creating and sharing content. Some social media platforms will also reward creators for their hard work with financial incentives. But which companies pay for content, and how can you earn money from these platforms? Here are nine social media platforms that will pay you to create content. 1. Snapchat. According to CNBC, Snapchat pays up to $1 million per day for content created on the platform. Snapchat users can submit their best snaps to Spotlight, an entertainment platform that shares this kind of content from around the world. The content is moderated and, if it meets Snapchat's requirements, will be shared. This means that other users can find your snap in both stories and search results. If your snap goes viral, you will be notified that you're eligible to receive a Spotlight Payout. You can earn multiple payouts, though, according to Snapchat Support, this service is only available in selected countries. 2. TikTok. Creators entertain, inspire and express themselves, and TikTok supports and rewards these individuals for their efforts. To be eligible to participate, you need to meet certain demographic requirements and post original videos in line with the app’s Community Guidelines. You’ll also need to have a minimum of 10,000 authentic followers, along with 100,000 genuine video views in the last 30 days. If you meet the above requirements, and you reside in either the US, UK, Germany, Italy, France, or Spain, you can apply by clicking on Creator tools in your settings on the app. The funds are calculated by combining a number of elements, including views and engagement. TikTok users who earn from the Creator Fund have a dashboard with estimated funds and can withdraw these 30 days after the month ends. The funds are paid to the user’s preferred payment method of either Zelle or PayPal. 3. YouTube. As outlined in a post on the Official YouTube Blog, the YouTube Shorts Fund is worth $100 million and is being distributed in 2021 and 2022. Eligibility is open to anyone who creates unique YouTube Shorts content for the community. YouTube will reach out to the creators who generate the most views and engagements every month to reward them for their videos. YouTube users can prepare for the YouTube Shorts feature by reading up on the rules and learning how to use the platform. Creators on YouTube can also earn money for their long-form video content. Your subscriber count and the number of views you have both influence how much you earn on YouTube. Once you hit 1,000 subscribers and have 4,000 public watch hours in the last 12 months, you can start to generate income. You can read an overview of YouTube monetization eligibility on the Creator Academy website. 4. Instagram. To show monetary support to a content creator on Instagram, users can purchase badges during live videos. This allows fans to show their support while participating in a live stream. These badges appear next to the username throughout the video, so viewers can contribute at any time. Once someone purchases a badge, they will stand out in the comments section and gain access to additional features. These include placement on a creator’s list of badge holders, along with a special heart feature. 5. Twitter. Twitter's Tip Jar is a way to receive and show support on the app using money. Essentially, Android and iPhone users can send and receive Tips. This feature is currently available to numerous users, including creators, journalists, experts, and nonprofit organizations. The Twitter Tip Jar is only available for English-language users for the time being. However, the platform aims on expanding to other languages in the future. You can see if a user has enabled the feature by looking for the Tip Jar icon next to the Follow button on an account. When you tap on the icon, you can access payment services and platforms like PayPal and Cash App. So, sending and receiving money is easy. Related: How to Pay People With Twitter’s Tip Jar 6. Spotify Greenroom. Spotify Greenroom is an app where live conversations are had about music, sports, and culture. You can browse groups on any topic, and also get notified about relevant rooms to join. There are unique live rooms with artists, athletes, and influencers. You can also create private rooms with your friends and family. Creators can start their own conversations about topics. Creators of this live audio can apply to be part of Spotify’s creator fund to receive payouts, which are based on audience size and content consumption rates. 7. Clubhouse. Clubhouse pays users with the Creator First accelerator program. Payments can be sent by all users, and the app will pay the full amount to the creator—without taking a cut. Related: How to Send Payments to Your Favorite Clubhouse Creators Clubhouse plans to roll out more monetization options in the future, each of which aims to further reward creators for their efforts and creative ideas. Keep an eye out for developments! Image Credit: Clubhouse 8. Facebook. Facebook is helping content creators diversify revenue by offering tools and support to those who build communities on the app. There are a number of ways to earn money from Facebook, from in-stream ads to branded content, as well as fan subscriptions and groups. Monetization on Facebook is available for those with a business page, though the content must adhere to the company's monetization rules. Earnings are determined based on the advertiser, the video view count, and subscription funding. There are plans in the pipeline to introduce monetization opportunities to the Stories feature. This would include ads that include stickers, and creators would get a portion of the resulting revenue. 9. Pinterest. Pinterest’s Creator Fund is limited to a small number of creators from underrepresented communities in the US. This support includes strategy consultations, an advertising budget, and compensation for content creation. In total, this fund will help 18 creators identified by Pinterest across various industries. Image Credit: Pinterest Get Paid to Create Content on Social Media. Content creators are being recognized and rewarded for their efforts. Users now have the opportunity to earn money for their content, directly from the channel it is shared on. Even if you don't make social media your full-time job, you can use the income you get to reinvest in your content and have even more fun. So, get creating and sharing across the social media platforms we’ve listed above and begin earning directly from the source! How to Make a TikTok Video in 7 Easy Steps Want to get started using the viral short video app TikTok? Here's an easy how-to guide to post your first video... Read Next Share Share Tweet Email Related Topics Social Media Creative Make Money Online Creative Social Media Tips About The Author Shannon Correia (24 Articles Published) Shannon is passionate about creating content that is meaningful to the world at large, which suits all things tech-related. When she isn't writing, she enjoys cooking, fashion and travelling. More From Shannon Correia Subscribe to our newsletter. Join our newsletter for tech tips, reviews, free ebooks, and exclusive deals! Click here to subscribe Read Next. The 10 Best Free Ebook Download Sites . 22 Online Shopping Sites With Free 2-Day Shipping Like Amazon . Microsoft To Do vs. Taskade: Which Task Management Tool Is Better? . 5 Free Healthy Cooking Apps for Beginners . How to Customize Mouse Sensitivity, Scroll Speed, and More on Windows 11 . How to Answer a Rejection Email From Recruiters . The 9 Smallest Linux Distros That Are Minimal and Super Lightweight . What Is openSUSE? Everything You Need to Know . The 9 Best Free Video Editing Apps for iPhone and iPad . 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