If you haven’t already noticed, social media is quite a lucrative business.
From paid adverts to becoming an online celebrity, social media has been responsible for earning normal people, a lot of money.
Whether you want to kick-start your career and become Instagram famous or want to get your business recognised or simply want to make money with your posts, we’re going to be telling you to make money on social media.
We’re going to be exploring everything from building up your following so you’re more attractive to paying business to how to monetise your social accounts.
By the end of this blog post, you’ll be ready to take on the social media world and earn a nice little income from it.
Being authentic and genuine is a sure-fire way to monetise your social media account. Followers will want to see a personality behind the brand because there are just so many people all trying to do the same thing.
Finding your niche is also very important as this will set you apart from the rest, so before you start your social media journey, scope out the competition, see what everyone else is doing and figure out how you are stand out.
Build Your Following
If you want to monetise your social media, you need to have an audience to prove you are ‘influential’.
For some, their social media following will grow massively within 6 months but for others, it can be a bit more of a chore. Some influencers have been known to wait 3-4 years before their followers reached a decent level so being patient is key.
If you’re in a hurry to monetise your social media accounts, then it may be worth looking into buying Facebook followers, to help get your social accounts off the ground. When you have an established following, others are more likely to follow you as well so it’s definitely worth investing to begin with just to help you further down the line.
Become An Affiliate
Being an affiliate is a great way to earn money that doesn’t require you having a huge following.
The basis of it is, that as an affiliate, you are responsible for promoting a brand or its products on your social media channels whether that be Facebook, Instagram or Twitter.
You’d do this by providing a link to a product and when one of your followers clicks on it, you earn a commission. Some brands not only offer you the commission on that product but on all products they purchased within 24 or even 48 hours.
Collaborate with Brands
This is something that will come when your follow count increases as brands will be on the lookout for popular influencers who match their demographic.
From around 1,000 followers you can be approached by brands but the more followers you have, the more money you can earn. From product reviews to posts and even creating a range, there are a lot of opportunities when it comes to collaborations.
Although you may want to take all collaborations that come your way, be picky and choose wisely, think about what fits into your niche and what your audience will like. If you have an audience of 18-25-year-olds who love your makeup videos, they’re probably not going to be interested in your partnering with a corporate brand or discount store.
A lot of people forget the basis of social media is to actually be social and this is another great way to build up your network.
Find other influencers (big and small) and start engaging with them on a regular basis such as liking their posts, replying and commenting. They will then naturally start to communicate back to you and this will help both of your follower’s crossover.
Building up a support network of friends may come in beneficial if you’re ever invited on influencer trips and you’ll know others there.
So there you have some of our top tips for monetising your social media accounts and make them the best they can be. For some, monetisation comes easily but for others, it may take a little more time and patience but if you continue to produce good content that is engaging, then you’re time will come.
Do you have any tips for making money from your social media accounts? Let us know by getting in touch today.