Do you know that over 2 billion people use social media platforms for daily social interaction and entertainment?
Being active on social networking platforms can help you to build a solid community of followers, and if you are good enough, to boost your career. The more fans you have the more popular your brand will be. By posting content regularly on your social media accounts you can increase the engagement among your followers and enhance your personal branding. In fact, many influencers are leveraging the power of their connections to make a full-time living. Listed below are some ways you can earn money on social media platforms.
1.Promote affiliate products
Promoting affiliate products on social media is a great way to earn money. Every time you generate a sale by promoting an affiliate product, you will receive a fixed commision on the order value. The percentage can vary from 4%-10% for physical goods and 25%-75% for info-products.
Depending on your preference, you may become an Amazon.cn associate to promote physical goods or join an affiliate marketplace like ClickBank to promote digital products. When you join an affiliate program, you will get your own unique affiliate ID. Your IDs will be integrated into your affiliate links to help you track the sales generated by your links.
Make sure to provide real value to your audience by reviewing the products thoroughly and without any bias. List the pros and cons of each product and recommend only the best.
2.Promote your own product
If you are an expert in any niche and you have a loyal following, you can even start promoting your own products. Unlike promoting affiliate products where you get a fixed commision, promoting your own product will net you 100% of the order value. Of course, YOU NEED TO HAVE A GOOD PRODUCT TO SELL !!
You can sell info-products in the form of ebooks, video courses or audio programs.
Remember, when promoting your own products, you should always conduct thorough market research and create a better product than your competitors. This will enhance your personal brand and help you become an authority in your niche.
3.Become an Influencer
Once you build a positive fan base and create a track record of generating user engagement, you can start earning money by sharing sponsored posts. Big businesses are always on the lookout for influencers to promote their products and services. China seems to be the paradise for a KOL with an outstading social reputation. If you become an influencer, you can charge businesses directly for promoting their products and services to your own fan base.
While this may seem like a good opportunity to make money, it can take a while to gather a good amount of active followers. Also, be sure to maintain a balance between paid and normal posts. Don’t over-sell other brands because it can ruin your own reputation in the process.
4.Open a consulting service or start coaching online
You are not limited to only promoting products. You can also promote your services or start a coaching business. You don’t have to be a professor, as long as you know enough to provide value to your customers.
An advantage of offering consulting services is that you can charge more money for your expertise. Once you establish yourself as an authority in your niche, people will want to learn under your guidance.
5.Become a Social Media Marketer
By becoming a social media marketer, you can manage the social media accounts of other business. If you love spending your time on social media websites, this can be a very fun job for you. Companies are constantly looking for social media marketers to manage their social networking accounts such as Wechat, Weibo, Facebook, Twitter, LinkedIn etc.
As an SMM your job would be to post regular content, create PPC ads and manage the reputation of Brands online. You need to have creativity, love marketing and have an engineering approach to the use of social media. Remeber always that your customers are going to pay you for results, not for eloquent chat chat about marketing and PR. Wake up early in the morning and enjoy to be a Social Creature (online)