Although this is a relatively new industry, there are already many ways to make money through social media. Every major social media helps users to some extent turn their hobby into a business, or turn their business into a larger business. Here are 15 common ways people make money through social media.
Social media is more than just a way to keep in touch with friends, family, colleagues, and people who were barely connected in high school. This is a great way to earn extra cash or even a lot of cash. We will discuss how to use the top 4 social media sites to your advantage, so that you will make more money than you think by using everyone’s favorite new pastime-social media sites.
Let’s start from where it all really started-Facebook (we won’t bother to include MySpace in this equation). There are many ways you can make a considerable amount of money on Facebook, especially because hundreds of millions of users actually use Facebook and use it regularly.
If you have a blog or website, you can promote it. If you do affiliate marketing, you can also promote it on Facebook. If you can write your blog posts or descriptions to your affiliate marketing landing page in a way that motivates readers to visit your website, then you can make good money. Remember to always write down the content for readers (for example, a 20% discount on XX products or “Want to know how to get a free IPAD2?”).
But the potential to make money doesn’t stop there. There are some websites that can work with Facebook to help you make money. The “My Merch Store” app launched through Zazzle is one of these sites. Zazzle will allow you to create and design any product on its website for free. Then you can visit your Facebook and sell it. This is for anyone with a design background or who might want to sell products made by other artists, or you can try Cafe Press and sell things through their online store.
Ether is an interesting way to make money on Facebook. The website will allow you to add apps to Facebook, and then you can give people suggestions over the phone. If you are good at giving advice, you can make some money. Although this may not be a tea that everyone likes, if you like music, check out MusicBlaster. You can create a music store directly on Facebook, and then sell music from BlastMyMusic. You can earn 5% for every song sold.
This is the next best tool for making money online: Twitter. Just like Facebook, if you have a blog or website, you must use Twitter to promote it. Every time you publish a blog post, write an appealing description and provide a “TinyURL” link back to your blog so that people can view it. This is also very effective for anyone doing affiliate marketing. You can sign up for many affiliate sites (one of our favorite sites is Commission union) and find products you really like and are passionate about. Create a blog post about it. Create at least a few landing pages about it. Once you are done, you can promote it on Twitter and make a lot of money.
To make sure you make as much money as possible, one of the things you need to do is make sure to build your followers on Twitter. Only family and friends are not enough. You must use Twitter tools and search to find people who might be interested in your product and get them to follow you.
Once you have a large group of people following you, it is possible to have “sponsored tweets”. Sponsored tweets are tweets that advertisers will pay you to post because they know you will be able to reach the target market or the number of people they need to contact.
3. Google+ (Closed by Google)
Google+ is different from Facebook and Twitter in that it allows you to send messages to many people. However, one of its benefits is that you can divide people into different “circles” so that you can really target your information to different demographics of different demographics, and test which marketing messages are best for whom. This is a great tool that can be used to truly test the potential success of a social media marketing plan.
You can use Google+ to create a group, similar to a fan page on Facebook, so that your company can further help spread new news about your company (if there are new products and services), and may provide comments on your products/services, Coupons and discounts.
Or, if you are good at programming, why not develop a Google+ application? If you think something is missing on this social media site, please go ahead and make an app that makes things easier. You can then submit your application to the Apple iOS Store and Android Market to see how many downloads you will get.
Perhaps the best feature of LinkedIn is that you can post any suggestions for your business from your former customers or colleagues to your LinkedIn business website (we all know the importance of recommendations and third-party endorsements!) LinkedIn provides you with opportunities Really build your brand in a community very similar to you. Since LinkedIn is more about the company’s connection with other companies, you will become more like-minded people-you may be able to pick their brains for more marketing ideas.
Another benefit of LinkedIn is that you can create “groups” where professionals can gather together to share ideas and ideas. If you have questions or want to know someone’s experience of something, then you have a group of people who have “went there and did that”. They will be able to help guide your decisions and help you make your business more profitable than ever.
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