It seems the more that you go on social media, the more you notice people are managing to use a variety of different platforms as a means to generate an income. Where this might sound like a good way to make a living, it is also an incredibly alien prospect to many people as the actual process of making money on something that a lot of people just use for fun is a tough one. It can be tricky to make a living using social media; however, it’s not impossible. This article will go into more detail about the different ways that you can use social media to make a living.
Get Sponsors on Videos
This applies to the likes of TikTok and YouTube, where the majority of content that is generated on these platforms is video-based. Brands are incredibly keen to capitalize on the effectiveness of video ads, hence why the the monetization – Association.TV offers brands and businesses is so popular.
Essentially, a business will pay to advertise their service and / or product on someone’s channel before a video of some kind, as they will be seen by people all over the world who are tuning in to watch that video. Of course, the means by which this kind of revenue comes about are a lot more difficult to get started with due to the fact you will need to have a solid following on a social media platform before you can actually hope to get paid for sponsors.
Build Up Some Kind of Paid Membership
This is one of the most popular ways that people are able to make money using social media. By producing exclusive content that will only be offered to exclusive members that pay for a membership, you are able to make a good amount of money. Of course, you will need to make sure that the content you are producing is of value and is something that people would be comfortable paying for. If it’s not, then people are going to be very unlikely to pay to watch your content.
This is easy to do on platforms such as Patreon, as they have emerged recently in order to cater to the number of people who are beginning to use social media to make money. There are also a lot of other platforms, such as YouTube and Twitch, which incorporate this feature into your channel. People can usually pay for different tiers depending on what they can afford, with naturally more money meaning you get more access to content.
Sell Your Own Educational Services or Products
There are a lot of people that take to social media as a means to sell their very own educational products or services. These can come in the form of interactive courses, eBooks and mentoring, all of which people online are happy to pay for so long as the education they will get will benefit them.
These courses and services can be whatever it is you specialize in. It could be creative writing, drawing, playing an instrument, etc. Not to mention, if you are selling an online course, then chances are that you will also be given a chance to sell your products in the process too, which brings us to the next point.
Sell Your Own Merchandise
If you have a strong following and a brand that people are happy to buy into, then you should make sure that you are capitalizing on that by selling some of your very own merchandise. These could be T-shirts that display your brand’s name or logo, hats and bags. On the other hand, if you have an actual product that will be of interest to those that follow you, then it would be just as effective getting this manufactured with the intention of selling it too.
There are sites out there that are incredibly helpful when it comes to getting your merchandise made if you are planning on selling T-shirts. Just by uploading a design, they will be able to get them uploaded onto your product and ready for you to begin selling to all of your followers.
Conclusion
In this day and age, thanks to developments in technology and a shift in where people spend the majority of their time, different ways that you can make a living continue to crop up. One of the most recent crazes is using your presence on social media as a means to generate an income. There are many different ways to do this, such as promoting other businesses, selling exclusive content, merchandise and your own educational services.
