With the advent of social media, the 21st-century economy and culture are greatly dependent on the effects of social media. However, this vast platform used by billions of people around the globe is not a mere form of entertainment and connection. There’s a lot more to it.
Social media offers us a world full of opportunities. It is a thriving ground for the modern creative and ambitious generations, like:
- People who think outside the box, or
- Youngsters who are filled with opinions and ideas.
In this article, we will discuss some creative ways to help make money on social media. Let us explore the power of social media and understand how it can bring bread to your jar.
Ways to Make Money on Social Media
The first step to starting your social media-based money-making venture is getting more followers.
If you are reading this article, you surely have been successful at that. Thus, let’s dive into the top five creative ways to earn your keep on social media.
Start Your Vlog
The simple idea behind vlogging is shooting videos and publishing them on the internet and social media platforms. However, this process has many more layers in between.
Not all videos on social media identify as vlogs. Vlogs are video journals. These are posted regularly with a uniform aim.
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Here are some popular vlog categories that can earn views and a living for you:
- Travel vlogs.
- Food vlogs.
- Fitness vlogs.
- Cooking vlogs.
- Gaming vlogs.
These categories can easily help you get YouTube subscriptions and sponsors if executed well.
Create and Sell Your Own Products
If you are good at handcrafting or you want to sell your homemade jam jars, social media is one of the best locations.
Here are some tips to help you understand how to sell on social media effectively:
- Recognize Your Buyers – This will depend on the items that you’re selling and your follower list. Make a list and sort out the important ones to start approaching initially.
- Select a Perfect Social Media Platform – This will depend on the nature of the product you’re selling and your target audience. For example, if your potential buyers are teenagers and college goers, go for platforms like Instagram and TikTok.
- Survey and Research – Before proceeding, get a clear picture of all the relevant platforms through research and survey.
- Keep Posting – The last and continuing step would be your product posts. Maintain quality and regularity in your posts.
Affiliated Brand Promotion
Affiliate marketing is a great way to earn some extra bucks while you give your social media fans something useful. These are brand promotions on personal pages.
Here are some prerequisites before you start expecting an income from brand promotions:
- Achieve a substantial number of followers on social media
- Find brands that relate to your niche
- Post high-quality visual content
- Redirect viewers to the affiliate pages.
Launch Sponsored Video Series
What can be better than your own social media show? Get your plan ready and pitch it to sponsors. You can conduct talk shows, movie reviews, travelogues, etc.
You can also design these video series to tell a story. Address a social issue or real-life experiences. Next, connect with sponsorers with altruistic interests.
Johnny Harris is one of the best examples in this field. His video series named Borders was sponsored by Lululemon and commissioned by Vox. Many YouTube creators are gaining groundbreaking success from this technique.
Today, you will find YouTubers, like PewDiePie, who have become a brand themselves with sponsored video series on social media.
Sharing knowledge to earn money can be executed in many ways. Here are some examples:
- Give online coaching classes on YouTube.
- Write blogs and articles and share them on social media.
- Write ebooks and publish them on social media.
- Make tutorial videos with sponsored links.
Earning on social media might appear apprehensive at the beginning. But remember, this confusion simply stems from its unfamiliarity.
If you’re serious about earning money on social media, you will definitely find a way. All you need to do is create your niche, be a trendsetter, and you’re all set! Social media comes with ample opportunities and a vast ground to explore.
In this new-age earning terrain, you can be who you are. Moreover, it gives you the space for self-expression through work. Follow the earning methods mentioned above and make social media your cool new workspace.