{"id":96464,"date":"2017-08-11T15:00:56","date_gmt":"2017-08-11T09:30:56","guid":{"rendered":"https:\/\/www.digitalvidya.com\/blog\/?p=96464"},"modified":"2023-02-16T12:16:18","modified_gmt":"2023-02-16T06:46:18","slug":"earning-money-on-social-media","status":"publish","type":"post","link":"https:\/\/www.digitalvidya.com\/blog\/earning-money-on-social-media\/","title":{"rendered":"Earning Money On Social Media: 5 Easy Ways"},"content":{"rendered":"

<\/span>Earning Money On Social Media<\/span><\/h2>\n

Looking forward to earning money on social media? In this article, you will learn 5 easy ways how to make money using social media. Depending upon your interest areas, you can choose single or multiple ways to make money.<\/p>\n

\n\n\n\n\n\n\n\n\n
S.No.<\/th>\n5 ways how to make money using social media<\/th>\n<\/tr>\n
1<\/td>\nBecome an affiliate<\/td>\n<\/tr>\n
2<\/td>\nSell your own merchandise<\/td>\n<\/tr>\n
3<\/td>\nOffer premium services or coaching<\/td>\n<\/tr>\n
4<\/td>\nContent Creation<\/td>\n<\/tr>\n
5<\/td>\nFreelancing SMM services<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Social Media Usage is at an all-time high right now in World and still growing. India just became the number one country for Facebook in the world in terms of monthly active users!<\/p>\n

You can see from this slide from 2017 Digital Yearbook by ‘We Are Social’ that the active social media users worldwide are already about to touch 3 billion users! Just imagine how big the market is out there. All you need to do is to effectively tap this market.<\/p>\n

\"Earning<\/a>
Image statistics credits: we are social and hootsuite.<\/figcaption><\/figure>\n

<\/span>Top 7 social earning sites that pay content creators.<\/span><\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n
S.no.<\/th>\nTop 7 social earning sites<\/th>\n<\/tr>\n
1<\/td>\nInstagram<\/td>\n<\/tr>\n
2<\/td>\nYou Tube<\/td>\n<\/tr>\n
3<\/td>\nSnapchat<\/td>\n<\/tr>\n
4<\/td>\nPinterest<\/td>\n<\/tr>\n
5<\/td>\nTwitter<\/td>\n<\/tr>\n
6<\/td>\nFacebook<\/td>\n<\/tr>\n
7<\/td>\nLinkedin<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Remember one thing, the primary purpose of Social Media is to build social connections but that does not mean that you cannot use it to earn money on social media.<\/p>\n

You can easily earn money from Twitter<\/a> & Facebook<\/a>.<\/p>\n

In fact, the social media ads like Facebook Ads, Twitter Ads<\/a>, or LinkedIn Ads are meant for leads\/sales generation<\/a> only. So it makes sense to not spam your users with promotional offers.<\/p>\n

Mixing informational posts with promotional posts is the right way to build audience and business together on social media.<\/p>\n

So, how to earn money via social media? Here are 5 ways to earn money via social media:<\/p>\n

<\/span>1. Earning Money On Social Media By Affiliate Marketing<\/span><\/h3>\n

Affiliate Marketing is one of the best ways to make money online. Affiliate marketing, in a nutshell, is a way to make money<\/a> by promoting products of other companies (like Amazon.com<\/a>, etc.) using your unique affiliate links, which you get after signing up with them.<\/p>\n

Apart from Amazon (which doles out 4% to 10% of commission per sale), there are many other networks like\u00a0ClickBank (for Digital Products), Rakuten, CJ Affiliate, Booking.com (for Travel) etc., which offer lucrative affiliate commissions.<\/p>\n

\"Earning
Amazon associates affiliate program<\/figcaption><\/figure>\n

If you are good at building social media communities and can promote affiliate products using social media ads (just remember to keep your ad costs less than the money you earn) then you can earn a handsome amount of money.<\/p>\n

Just remember that it is always a good practice to add a disclosure about your affiliate links to your social media audience. This builds up trust with them.<\/p>\n

Secondly, don’t spam your social media communities with affiliate links as this puts off people. Always have a healthy ratio of generic informational posts (which are of interest to your audience) to promotional posts (with your affiliate links).<\/p>\n

Here is a detailed post on how you can learn Affiliate Marketing<\/a> and start earning money on social media and other digital mediums.<\/p>\n

<\/span>2. How To Earn On Social Media Via Your Own Products<\/span><\/h3>\n

You can also create your own products digital and physical. Though I would recommend beginning with Digital products (like eBooks<\/a>, courses<\/a>, etc.) because they are easier to create and promote and take less amount of money in the beginning to develop the products.<\/p>\n

For instance, you can list your eBook on Amazon Kindle or ClickBank and then promote the link of your eBook on different social media channels.<\/p>\n

And once the sales start rolling, you have to do nothing but collect the payment (being a digital product, you can sell it N number of times!).<\/p>\n

Physical products, on the other hand, require larger capital in the development stage and one should go for them only once you have validated the product idea and have sufficient capital to invest in its development.<\/p>\n

That said, physical products like designer jewelry, crafts, and other homes\/living products are relatively easier to develop and sell online (for such product categories you can visit Etsy.com).<\/p>\n

So, once you have decided on your product (digital or physical), you can sell it directly on different social media channels like Facebook, Twitter, Pinterest, Instagram, etc., or you can sell it through websites like Etsy or any other e-commerce stores which allow such selling.<\/p>\n

If you decided to sell directly on social media on your own, then you will have to take care of shipping, customer care, logistics, etc., while other e-commerce stores, take care of these aspects.<\/p>\n

<\/span>3. How To Earn Money From Social Media Using YouTube<\/span><\/h3>\n

Building a successful YouTube channel is not a cakewalk, in fact, nothing on social media or digital media marketing is a cakewalk anymore. It requires a lot of planning, persistence, hard work, and creativity to build a successful YouTube channel.<\/p>\n

Once you have at least 10,000 public views of your channel videos, you are deemed eligible to apply for the YouTube Partner program<\/a>.<\/p>\n

You can visit \u00a0youtube.com\/account_monetization to check your channel’s total view count. Apart from this, your channel should adhere to\u00a0YouTube\u2019s Partner Program Policies to get approved.<\/span><\/p>\n

Here are the steps listed by Google to apply for YouTube Partner Program:<\/p>\n