There is no concealing the fact that every single one of us makes money through as many sources as possible. What’s more, we trust that money is in the air; you simply need to master the art of accelerating it. Before the dawn of the digital age, it has been quite difficult to find unconventional sources of money. But today, we have these digital tools & technologies to help us milk money like anything; a huge amount of dedication is always required though.
There are a number of social networking related apps developed by Top mobile app development companies. The problem is not about generating money. A Social site or an APP is more about significance when it comes to monetization. If your app gets some 100000 Active users in 3 months, you may run promotions effectively and earn some money too.
Now the best use of the internet for making money is utilizing social media in your best interests.
Why social media? Because it’s vast, goes beyond the boundaries of race, caste, and creed, distances don’t matter in social media platforms and because, hey, everyone’s on it!
So let’s take a look at some of the ways in which you can use social media to make a good amount of money for yourself, and in some cases, might even have it as a primary source of income:
Some people might argue that blogs do not qualify as social media; we beg to differ! In blogging, you have mass reach, community interactions and most importantly, loyal followers. The same we have on social media platforms.
So, coming back to the point i.e how to make money with it.
One of the primary channels to drive money in through your blog is affiliate marketing. In affiliate marketing, you can go to the best-rated websites that offer affiliate marketing, such as Amazon, eBay and many more. You simply go to their affiliate program page and register yourself. Once registered, you can start collecting affiliate codes for products or services you write about and start using these codes in your blog content. Every time a customer purchases a product on Amazon through your affiliate link, you get a certain amount of commission.
Another way is that you can allow Google AdSense or direct ads on your page. These kind of ads have Pay-Per-Click (PPC) models for compensation.
You can also publish product or service reviews for small businesses that need your social reach to leverage their businesses.
A relatively new monetization tool that Facebook launched is Facebook Offer. To make the best use of this tool, you need to have a page with a good number of followers. Facebook Offer allows you to post exclusive deals, discounts and other offers, on behalf of businesses that approach you to get their product noticed.
If you already have a business and need to create leads, use the Facebook Lead-Ads to create ads that generate more leads than ever, with a simple 3-tap process for the user, The user doesn’t even have to fill the form, as Facebook uses automatically populates the field using that particular user’s information stored on the Facebook’s database.
There is a reason why we have more YouTubers that ever: because YouTube pays you much more than peanuts.
The good thing about YouTube is that a single good piece of content can get your channel viral in no time, and from that point, it is all smooth-sailing. You start getting ad proposals from Google AdSense that also have a PPC model for payments. Another way of getting money from YouTube is a brand or product endorsements or reviews. You can easily get a number of brands knocking at your door with a good amount of followers on your channel.
Because there is only visual media content on Instagram, people tend to follow you much easier, as compared to other platforms. Also, as it is primarily a visual media platform, there are two major ways of minting money on Instagram.
First is Brand Endorsements. Businesses would contact you often if you have a good number of followers, to get their product or service known.
Another way to make money is by sharing sponsored content. This again would require you to have sufficient followers to be noticeable enough to business handlers on Instagram. Usually, you get paid per post on Instagram.
Social media networks have made a platform where we can interact and communicate with one another, as well as with our most loved brands, services, games, products and more via Social Media Apps.
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October 03, 2018