There are more opportunities to make money on social media than you might think. In fact, social media can be quite profitable. Many experts say that social media is for connecting with people and not for selling, but at some point you will want to leverage the connections you make. If you’ve built enough trust with your followers, they’ll be more willing to review your recommendations and the links you share.
1. Promote affiliate products.
No matter what industry you operate in, you can find great products to promote on ClickBank. And if that doesn’t suit you, you can also become an Amazon contributor, promote the products of your choice, and earn commissions. Amazon has no shortage of products.
Next, right now sending unwanted links on social media and hoping for the great, You should most honest and effective way to promote affiliate products is through reviews. If you personally use a product and like it and know your followers are benefiting from it, write a thorough review on your blog and share why you like the product. Don’t be afraid to talk about what you like and what you don’t like. You can also use video if that’s more your style.
Also be sure to disclose your affiliate relationships. This is a legal requirement in most cases, but it is also a “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 have demonstrated your expertise on a specific topic over a period of time, you may have the opportunity to create an e-book, an audio program, or a video course and sell it to your audience. Social media is the perfect place to promote this product.
Platforms like Gumroad, Sellfy, and Amazon’s KDP program allow you to easily publish and sell your PDF, MP3, or video files at a price of your choice, keeping in mind that all platforms have a cut, even if they are small.
As with everything, quality is the key to creating something that people not only want to read, but will pay to read. If you pay extra attention to creating great information, designing it and promoting it well, you are sure to see more sales.
3. Promote products and services.
There are plenty of opportunities to share sponsored posts promoting other companies’ products and services. This is a very straightforward way to make money from social media.
But if you don’t have a sizable following, this might not be a great opportunity. You should also pay attention to the excessive promotion of products due to lack of money, because if your followers see that you are constantly tweeting about certain products, they will not only click on the links, but they will also unfollow them.
It is important to mix things up. It’s wise to take the time to come up with a proper social media posting program, to make sure you add value to your followers while promoting your products. Calls to action should definitely be part of your social media strategy, but every post can’t be a call to action.
4. Use visual media to promote your crafts.
If you tend to create handicrafts, artwork, or even clothing and knitwear, you may have a chance to showcase your products on social media. Instagram and Pinterest may seem like obvious places to visit, 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 review your products there, and between the different channels, you have the potential to make a living.
5. Promote your coaching or consulting services.
Social media is the best place to increase leads for your consulting business. Whether you are a guitar teacher or a life coach, if you have demonstrated proficiency in a specific area, you can create more interest in your services by contacting your target client on social media.
Coaching sessions can be done via Skype, so it’s definitely an opportunity to make money without leaving your home. Consulting can be profitable, so remember not to weaken yourself – ask for a fair price for your time and effort.
This strategy can also work with selling information products, as those who want your advice will be more likely to be interested in the e-books and courses you have created.