Most of the experts believe that Facebook is only for connecting with people and not for making money. But when you have built strong connection with your audience, you are going to want to utilize that connection to make some sells. Those people will be willing to buy through your links and recommendation as they believe in you.
Here are some ways you can make money on social media.
1. Promote affiliate products.
Whichever industry you are in, you can always find great related products at ClickBank and Amazon Associate. By promoting that products and making sells you can make some side income.
Most of the people will just open social media and start spamming links on Twitter, Facebook pages and groups and so on. The thing is, this trick doesn’t work at all. It is possible that you may get a few leads but in long term you are possibly going to be banned from the social media platform.
Always tell people that you are using affiliate link, in that way it will build trust and more people will consider you honest and will buy using your affiliate link.
2. Create and promote your own information products.
If you already have a blog, and you’ve demonstrated your expertise on a specific subject over a period of time, there may be an opportunity to create an eBook, audio program or video course and sell it to your audience. Social media is the perfect place to promote such a product.
If you got a blog or is an expert on something then you can write an eBook, audio program or video course on that topic and sell it to your audience. You can promote your product using social media platform.
There are lots of platforms that can help you creating your first product. You can use Sellfy, Gumroad or Amazon’s KDP.
In case of selling, quality always beats quality so make sure your product is great.
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.
Another great and quick way to make money from social media is by promoting sponsored posts. That is one of the quickest and direct way of earning money from social media.
This method only works if you have a sizeable audience. Over promoting will cause people to unfollow you.
You need to mix thing up and need to maintain balance between useful posts and promotional content.