How to make money on social media.
You don’t need 1,000’s of followers
Want to know how to make money on social media? First, let’s take a look at social platforms.
There are more money-making opportunities on social media than you might realize. Social media, in fact, can be quite lucrative.
Many experts say that social media is for connecting with people, and not for selling, but at some point, you're going to want to leverage the connections you create. If you've built up enough trust with your followers, they'll be more inclined to check out your recommendations and the links you share.
Social media networks are instant communication tools. People use these networks to share photos, receive news and weather alerts and as avenues for online marketing. If you read this article, you probably have one or several social media accounts. Accounts you use to stay in touch with friends. To keep posted on current affairs and trends.
However, these social media accounts make money online, too. All via a social marketing and sales strategy . You probably assume that you need thousands of followers on social media to earn good money, but this isn’t necessarily the case.
1. Promote affiliate products.
No matter what industry you're in, you can find great products to promote on ClickBank. And if that doesn't quite jive with you, you can also become an Amazon Associate, promote products of your choosing and earn commissions on them -- Amazon has no shortage of products.
2.Define your niche and be consistent
Most social media accounts post random thoughts and information that doesn’t target any specific demographic. If you intend to earn money through social media, however, it is important to focus on a single subject of expertise or pick a specific area to concentrate on.
You should then tailor all your posts to fit into the niche you have settled on. For example, if you love electronic gadgets, create a social media account that provides reviews and information on the latest gadgets showing where to buy them. Your account will, therefore, is then known as a reliable source of information on electronics. Typically, this brings in lots of followers interested in this particular subject.
3. Promote products and services.
There are many opportunities for you to share sponsored posts that promote the products and services of other businesses. This is a very direct way of earning money from social media.
But, if you don't have a sizable following, this may not be much of an opportunity. You also have to beware of over-promoting products for want of money, because if your followers see that you're constantly tweeting about one product or another, not only will they not click on the links, they will also un-follow you.
4. Promote your coaching or consulting services.
Social media is a great place to generate leads for your consulting business. Whether you're a guitar teacher or a life coach, if you have demonstrated expertise in a specific area, you can create more interest for your services by connecting with your target customer on social media.
Coaching sessions can be conducted over Skype, so this is definitely an opportunity to make money without leaving home. Consulting can be lucrative, so remember not to undercut yourself -- charge a fair price for your time and effort.
5. Keep your account active
A dormant social media account is only good for snooping on other people’s lives and keeping tabs on your ex. When it comes to making money, being inactive will not do you any favors, regardless of how many followers you have. Continually posting updates on your timeline makes your account seem more trustworthy and also prove to your followers that you’re real (not a bot).
This doesn’t mean you should be posting lots of nonsense to keep your account active. You should always strive to provide relevant content that is useful to your followers.
6.Keep up to date with current trends
Social media trends continually shift. Something hip today ends up sounding old-fashioned tomorrow. To ensure that you stay relevant on social media, you will have to stay informed on the latest trends. Once you’ve done all of these, you can start making moves.
Sources Getgist and Entrepreneur.
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