11 ways to make money using social media

1. Organize a virtual meeting

This strategy is the best way to accelerate the growth of your personal brand to it. With it you can achieve:

· Validate your idea

· Generate income

· Create valuable relationships with the industry

· Collect high-quality email subscribers.

What is a virtual meeting?

A virtual summit is a collection of webinar interviews. Plus, they can fill your email list and generate income in any niche. With virtual summits, anyone who wants to watch the original broadcast of the interviews can watch them for free. All they have to do is subscribe to your email list.

People who want unlimited access to recordings can purchase all-access passes. There, you have an instant income. This is how virtual summits can function as your first information product.

2. The webinars and mini-meetings

These two strategies are the only online events that you can take advantage of to earn money. Webinars and “mini-meetings” are great ways to generate publicity for your personal brand. Mini-gatherings are a small handful of webinar interviews that you host as a single virtual event.

Like virtual encounters, you can use mini-encounters to:

· Launch, grow and expand your business

· Get more authority

· Generate more profit

· Win customers for life

· Develop stable growth

What Makes Webinars So Powerful?

At the end of your webinar, you can sell affiliate programs and other products off the back end. For example, let's take Grant Baldwin as a professional speaker. He uses webinars to promote his public speaking course, Get Booked and Paid to Speak. Grant's public speaking business generates six figures annually. His webinars are full of helpful tips.

Grant webinars serve two key objectives:

· Prove you are an expert.

· Give value to your followers.

By the end of the event, your audience is so impressed and appreciative that they feel ready to purchase your course. While it is helpful to have an established online presence before hosting your first online event, it is certainly not required. In that sense, you can attract people with a lead magnet, such as an e-book or by advertising on social media. You can also organize the event with a webinar platform such as webEasy Webinar or Webinar Jam.

3. Create and sell online courses

While it is true, there is something that people always ask you for advice about. If you have a skill or knowledge about something that provides real value to others, chances are you can put yourself on the list of taking online courses. Your personal brands depend on your ability to establish yourself as an authority.

The fastest way to do this is by organizing a virtual meeting, and on the back-end you can take advantage of selling an online course. Your audience will see you as an expert after seeing you interview a group of industry leaders. The encounter excites them and the product information motivates them to buy.

You can create a product for any niche. For example:

· Finance

· Fitness

· Nutrition

· Marketing

· Branding

· Publication

· Writing

· Whatever

Platforms like Teachable and Thinkific allow you to create, market, sell, and protect your courses online. Teachable the best option for those who are just starting out. Plus, you can get your first month of Teachable for free.

On the other hand, be sure to promote your course as a high-value product. A higher price positions you as a high-quality brand. You don't want your product to appear second-rate, therefore, you should rate your course. It should be noted that your strategy can be sold for months, or even years, as long as you update good content and keep it relevant. The long-term earning potential is huge, and most importantly, it's passive income.

If you are starting from scratch, follow these steps:

Take courses from other people you like and get ideas. Think of it as competitive research. Take note. What makes great courses good and bad courses bad? How can you improve yours?

Choose a niche and confirm that there is a demand. Obviously, your starting point will be in a niche where you have the most experience. Keep digging until you find topics that get a lot of search queries. The easiest way to do this is to use a tool like Ahrefs, Moz, or Ubersuggest to find high-volume key phrases like "how to take an online course."

The more people search for your keywords, the better. If you're already publishing content in a niche, the content that gets the most engagement is a good place to start with some ideas.

Find people to partner with and collaborate with. Who are the notable course creators and bloggers already doing it right? Ask them if they would like to be an affiliate for your course.

Create the best course ever. You will have to do a great course and sell it in a premium way. Don't settle for less than the premium. Use a platform like Teachable to make this step as easy as possible.

Market your course and build a community. If you don't have a significant online presence, don't worry. You can continue to sell the course for as long as you like while building a community. Spread the word about your course in online communities like Reddit, LinkedIn, and Facebook. You can also choose to organize and sell your course on sites like Udemy and Skillshare.

The latter take a small commission, but they also increase your sales and give you more exposure.

Get as much feedback as you can and keep making improvements. Let people know when you make changes and ask them to evaluate the improvements. Having your own course will give you a ton of perceived authority. It will also provide recurring income and is a great way to earn predictable passive income.

4. Membership sites and continuity programs

Membership sites and continuity programs are other great ways to earn regular passive income.

Membership sites vs. continuity programs

Membership sites are packed with premium content that only paying members have access to. The Freelance Writer's Den is a successful community and membership site for freelance writers.

Members have access to:

· Community forum

· Job opportunities

· Bootcamps

· Downloadable webinars and podcasts

The Den has over 1,100 active members and costs $ 25 per month. Admission is limited and the waiting list is long. There's nothing like a little shortage to fuel excitement and increase customer satisfaction. A continuity program is any service that charges a recurring monthly membership fee.

Examples of continuity programs include:

Subscription gifts, such as Paw Pack, a continuity show in the dog niche where members receive a box full of toys and treats for their pets each month, streaming from shows like Netflix and Spotify.

· SaaS services like ConvertKit and ClickFunnels.

· Monthly or annual retainers for freelance services.

Membership sites and continuity programs

Membership sites can be a fantastic source of income if you have a loyal following and a successful blog, YouTube channel, or some other online presence. Many influencers and YouTubers use Patreon to host their premium content and collect donations. People who make a minimal donation have access to your content. Patreon is not the only way to do this. If you have your own blog, you can host your membership site with a platform like Teachable.

You can also try out Buy me a coffee

Why everyone needs a continuity program

You don't need to have a membership site, but you do need a continuity program of some kind. This is important because it is much easier and more affordable to market to an audience that already loves what you do. One way to increase sales is to increase the number of customers you have. Another way is to make your products more expensive.

But the most effective way to make a quick buck online is to sell more products to your current audience. Why? You always want to make more followers. In the first place, that was the basis for your success. But you should always get the most out of your existing customers if you want to maximize your profits.

5. Offer a service as a freelancer

Today, the easiest way to make money online is to sell your services as a freelancer. Being self-employed may not be the best way to create scalable, passive income, but it is an out-of-the-box way to make money fast.

Don't you feel like you have a business skill like web development, project management, marketing, or graphic design? No problem. Most likely you know how to write an article, or at least you are capable of learning. A blog is born every day and there is always a demand for more written content.

Is there enough demand for your skills?

Make a short list of the skills you have that you think someone could pay you for, then access job boards and make sure there are plenty of listings for those kinds of jobs. If there is a high demand for your skill, then it might be worth following.

The best sites to find a job as a freelancer

Upwork is one of the most popular job markets in the world. They have lots of proposals for freelancers and clients in a variety of industries:

· Mobile developers

· Editors

· Designers and Artists

· Virtual assistants

· Service agents

· Web developers

· Marketers

· And much more

Other similar pages;

· People per hour

· Freelancer

· Quickengigs

In fact, these sites offer the same service connecting clients with freelancers. When all else fails, you can always find companies that advertise on Craigslist.

Specific pages for each skill

99Designs: As the name implies, 99Designs is for designers, but they have a unique twist on the standard model of the job market. Freelancers submit their work after clients post jobs. The client chooses the design that he likes the most. If you are not chosen, you do not get paid. It sounds difficult, but it can be a great way to start.

Belay, Time Etc and ClickWorker: These sites are worth checking out if you want to offer your services as a virtual assistant.

PeoplePerHour: Ideal for freelancers who specialize in SEO, marketers, and software engineers. You can submit up to 15 requests for free before they start charging you.

How to find a writing job

Even if you don't have a writing background, you can still get a variety of options to specialize in a niche. In that sense, you can promote yourself on “all-in-one” pages like Upwork, but there are also several sites specifically for writers:

· ProBlogger

· BloggingPro

· JournalismJobs

· FreelanceWritingGigs

Most of these sites can be quite competitive, but it's always worth a try. Problogger tends to have the highest concentration of high-quality freelancers. As you build your portfolio, be sure to do amazing work for your first clients.

6. Affiliate Marketing

You can put in the time and effort to create your own products, then cheer on the audience. On the contrary, you can also help sell other people's products and make money online.

Affiliate marketing is one of the easiest ways to earn money quickly, because you are selling products that have already been proven to sell. Also, there are affiliate programs in every niche, and if you help people sell their products, they will probably be willing to give you a commission. Depending on the company, you can make between 5% and 90% of commissions on each sale.

Affiliate Programs and Platforms There are several different ways to partner with companies for affiliate deals. Target big affiliate sites like ClickBank, Share-a-Sale, and Commission Junction. These sites put together a ton of individual affiliate offers to apply for. Become an affiliate for large corporations like Amazon or Walmart that sell a wide variety of products. Amazon is one of the largest affiliate programs in the world. They pay around 4% to 10% commission, depending on the type of products you sell.

Finally, the most profitable way to organize affiliate deals is to reach out to companies directly.

Many companies have a page dedicated to their affiliate program. You can usually find it in the footer menu at the bottom of your home page. If you don't have an affiliate program yet, ask around and see if you can start an offer. This is often the best case, as you can negotiate your own rates.

In many cases, you will need a website that receives a minimal amount of traffic to be validated, but if you have a creative and compelling way to reach a large audience, companies should be willing to listen.

Choose the right affiliate programs

Not all affiliate programs will pay off. Your affiliate products need to: Offer value to your readers. Be in some way relevant to your content or what you do online. Offer an outstanding ROI for your time and effort.

Only recommend products that you can endorse. Selling junk products will damage your reputation in the long run. Also, products that are not related to your personal brand will be more difficult to sell because your opinions and authority will not be as persuasive. On the other hand, if you have a blog or YouTube channel, consider selling products related to blogging or doing Youtube videos. You are an authority on using these platforms, so it makes sense to recommend tools of the trade, such as:

· Video equipment

· Sound equipment

· Drones

· Hosting platforms

· CRM email

· Keyword search and competitor analysis tools.

As long as the products add value to your audience and increase the credibility of your personal brand, it will be a good opportunity. Last but not least, always look for the most profitable affiliate offers possible (assuming you can endorse 100%, of course). You can only make so many affiliate sales in a day, especially when you're just starting out. Until you have a massive audience, be picky about who you associate with.

7. Start a blog

Starting a blog and learning how to make money blogging is definitely a good move when it comes to making money. But when blogging is paired with virtual conferences and online events, it can be an effective strategy for making money online fast while building your personal brand.

After all, you're going to need something to do with the emails you collect through your virtual encounters and webinars. You can also channel your subscribers through a blog and make recurring sales.

As long as you continue to solve your audience's biggest problems, they will remain loyal to your personal brand. Also, you can make a lot of passive money from a blog. Of course, with the right content aimed at the right audience.

Get the most out of your subscribers

Every time you start a new program, send an email to your subscribers so they know how to verify it. Driving traffic to new posts helps you rank on Google. It is very important that you always offer value and not make a pitch in every email.

Steph Gaudreau, from the StupidEasyPaleo.com blog, wasn't making much money before he had his first virtual meeting. Steph sold 600 all-access passes and generated 19,560 new email subscribers in their first encounter.

8. Sell a unique training program

With a training program, you can gather all of your knowledge and sell it in an online course. The main advantage of selling a training program is that it is scalable. Of course, you will have to host your program on a website, but using a platform like Teachable you can make it easier.

Your time is limited, and with an online training program you will be able to share your knowledge with an unlimited number of people at the same time. As part of the program, members can have unlimited access through messages and can schedule a set number of phone calls each month. It depends on you how much time you want to dedicate. The more time you spend on each client, the more likely you are to gain a loyal follower.

A high-level sales funnel

High-level training programs thrill customers into buying. In addition, it helps you:

· Establish an intimate connection with your personal brand.

· Offer a ton of value in a convenient package.

· Gain interaction

The more you invest in them, the more they will want to invest in you. People who have bought and participated in your training program are more likely to continue buying from you.

Not ready for a full training program?

Offering your knowledge through consulting is one of the most effective ways to earn money online quickly. If you're not sure you're ready to build a training program, you can always try something different and sell your consulting services by the hour.

Sites like Clarity.fm allow you to set up a free account and sell your services through their platform. Before setting up a website and hosting your own program, you will have an idea of​​the market. Clients can find you on Clairity.fm and book a session. They even handle payments.

9. Mastermind

Masterminds are groups of like-minded people who combine their knowledge to help solve the problems of others. They harness the power of “brainstorming” to make life easier for everyone. The more informed Mastermind members are, the more you can charge for admission.

The benefits of Masterminds

Premium Masterminds like The Inner Circle give industry leaders a place to overcome obstacles with the help of people who understand their struggles.

Masterminds Member Benefits

· They get answers to tough questions quickly.

· They have a sense of belonging to a valuable community.

· Win interaction.

Benefits of hosts:

· They generate recurring income

· Members are more likely to buy your other products.

· Increase your perceived authority

Could a Masterminds work in your niche?

Ask yourself if your audience constantly has new problems that need to be solved. Would they be willing to pay a significant amount of money to benefit from the collective power of a group?

Masterminds tend to be the most successful because high-level entrepreneurs have a lot to gain by solving their problems more efficiently.

When thinking about your target audience, keep these key points in mind:

· Where are they on their journey?

· Where do you want to be?

· Why do they want to get there?

· How are they going to get there?

Brendon Burchard is considered one of the world leaders in the field of personal growth. His High Performance Mastermind is an industry leader, where he shares the same tactics that led him to build a thriving eight-figure business.

On the other hand, Jeff Walker, Platinum Mastermind has helped its members generate more than $ 500 million in revenue. At that level of performance, you can see why high-end intellectuals get such a high price.

10. Sell sponsorships and advertisements

Selling sponsorships and ads can be a great way to earn extra money. Bloggers can always sell ad space on their pages, but video and audio content works especially well with endorsements.

Sponsorship sale through virtual meetings

When sponsorship deals are paired with hosting virtual meetups, the results can be phenomenal.

Sponsorship sale on Podcast and YouTube

You don't have to be perfect when you first start out. Your content will continue to improve, and over time, a podcast or YouTube channel can make you a lot of money.

As you work on your skills and develop a following, you can create a solid income stream by selling ad space and sponsorships on your channels. In fact, there are tons of people who are getting it seriously with podcasts.

Choose the right sponsors

As you brainstorm ideas for sponsors, start with the brands you really love and respect. Promoting products just because they pay more can cause you to lose followers in the long run. Credibility is key.

Joe Rogan works almost exclusively with Onnit supplements. They are an amazing company with high quality products and they reward their affiliates handsomely. Why look elsewhere?

Connect with sponsors

Once you've made your sponsor list, reach out to companies directly via social media or email. Attend conferences related to your niche and don't take it personally when they reject you. It's going to happen, especially when you first start out.

Most companies want to see that you have an established audience. This will happen because they have to verify that the business with you is going to work out. If you're not sure where to start, Famebit.com offers sponsorship deals for Youtubers. Also, companies like True Native Media and Midroll are popular podcast advertising brokers.

Keep in mind that these companies can take between 20 and 50% as a service fee, one more reason why it is better to negotiate with the companies directly.

11. Creation and sale of physical products

Some YouTubers are very good at selling their own products. You can do the same with a blog or podcast. In fact, selling T-shirts is such a big business that you can do it without a personal brand if you have a clear image of your target audience.

Your own store vs. Print On Demand

Selling equipment in your own online store means that you will have to deal with order fulfillment. Shopify is a website creation and hosting platform that specializes in e-commerce. The sites are relatively easy to set up and include ready-to-use templates along with secure payment options. Shopify stores integrate seamlessly with all your online selling needs:

· Ecommerce tools like Woocommerce.

· Stripe or PayPal to process payments (Pro tip: stay away from PayPal, go with Stripe).

· SSL certificate to encrypt and protect your site.

If you don't want to deal with the hassle of running your own store, you can always use a print-on-demand service like TeeSpring to bring your product ideas to life. Instead of having a backstock inventory, products are printed and shipped only after they are ordered. Here are some advantages of this last point:

Self-financing - No need to have money up front to pay for manufacturing costs. Sell​​Anything - Print your personal brand on backpacks, hats, mugs, and just about anything you can think of. Sell​​Everywhere - TeeSpring easily integrates with some of the most engaged marketplaces on the internet. Great for YouTubers: TeeSpring has an exclusive partnership with YouTube Merch Shelf. Another option is Amazon's FBA program, where you keep your stuff in your warehouse and fulfill orders when someone purchases from Amazon.

12. Create and sell software

Software is big business, and that's because anyone who wants to make money online will need it. If you use services like Mailchimp or any other CRM, you already use the software as a service (SaaS). Other examples of SaaS that help people smash them online are:

· Shopify

· ClickFunnels

· Correct message

· ConvertKit

· ThriveCart

But selling software isn't just for the big players. There is always room for innovation in the industry, even more so when value is provided.

An example of this strategy is Mikael Dia, the founder of Funnelytics, he was just another online marketer who saw an opportunity to deliver value to his marketing colleagues. There was no great funnel mapping software yet, so he created one himself. Funnelytics grew into a thriving company in less than a year.

Start something small with "mini-Launches"

The "mini-launches" created a natural scarcity, while giving you time to gather feedback and resolve bugs on a smaller scale. Funnelytics did this too, offering an extreme discount to Beta users in exchange for feedback to help improve the software.

Don't be afraid to get creative about how to earn extra money online. All your personal brand really needs is an online community of loyal fans. As long as you gain their trust, you will have an audience waiting to pick up your next product.

Instead of creating your own blog, podcast, YouTube channel, or information product, see how much you can earn from free fonts. Here are some of them:

Start a Facebook group

Facebook groups are widely used by bloggers and people with online courses as part of their sales funnel. Even if you don't have a product yet, your Facebook group can be the start of your online reputation and personal brand.

Additionally, managing a Facebook group gives you an image of authority and a platform to connect your own ideas to the minds of an engaged audience.

As you are the administrator, you make the rules:

· Promote affiliate products.

· Impress group members with your knowledge and experience.

· Persuade to buy the products that you will soon create.

Create an Instagram

Major brands are willing to pay between $ 500 and $ 9k per post. But to be honest, there is almost no limit to how much you can earn with the right sponsor. The bigger your audience, the more money you can demand.

It doesn't really matter how you do it. If you gather a group with your ideas, you can promote, sell and generate a lot of money.

Finally, by now, you should feel like there is a pool of options in front of you on how to make money online. Some of them, like building an online training program, take time to develop. But, if you want to start working and making money online today, then you should consider working as a freelancer or selling your knowledge by the hour as a consultant. Regardless of what you decide to start with, make sure it stays in line with your personal brand. Just make moves of confidence and credibility in what you are trying to do and you will see that your skills will quickly become a faithful source of consistent income.

Comment down the first method you want to try out