There are actually many ways to make money from social media. However, you need a strong fan base to make it work. In this post, we will discuss about some ways, which could help you to earn some money from your social media.
Twitter is a great way for people with same interest to connect and share their ideas and thoughts. You may know some Twitter accounts with some large number of followers. They just tweet funny things and some links. It's hard to accept but they are probably making some big amount of money with their tweets.
Just like them, you can also earn some money with your 140 chars. You may have to tweet, blog, tout, post, upload or pin. Here are some ways to use your social media power:
Social Media Manager:
A social media manager is the person responsible for managing a brand or company’s social media presence. Social media management doesn’t require a lot of education or experience as you may already have the skills to start doing it right now.
A social media manager manages their client's social presence across all the social platforms. As a social media manager, you'll be represent your client across all the social platforms that they intend to use like Facebook, Twitter, Youtube, LinkedIn, Google+, Pinterest…etc.
It's your duty to interact with your brand's audience, reply them, build social media strategies, keep it clean, and more. I bet that you already know how to do most of the things. According to Mashable.com, a social media manager’s salary could go beyond the $100k mark depending on their location and expertise.
Advertising Products:
If you have a strong fan base then you can also use your social media profile to advertise a client's products or websites. Your client will pay you for tweeting or posting his product on your social networking profile. It could be a tweet, blog post or even a YouTube video.
Get started by contacting local dealers and new websites who want to get out into the market. It's just like putting a banner on your blog. Twitter and YouTube are the best way to advertise your client's products.
You can also promote and recommend certain products or services to your followers. You can also use some pay-per-click services that allows you to earn by tweeting their products.
Affiliate Marketing:
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's own marketing efforts.
Your affiliate host will provide you with your personal affiliate link. You can always track your link by using url shortening services, such as
bit.ly. So whenever a follower clicks on your link, it is considered as a referral on your behalf, and you will get some percentage of that sale.
For example, if someone is asking your advice on the best domain registrar, you can refer them to your domain registrar via your referral link. The amount varies with different affiliate programs.
That's all for this time folks. Remember, you can earn with all above methods but keep it clean and spam free. In some future posts, we will be focusing on Money Blogging.