With the online world exploding and more people picking up side hustles, it’s easier than ever to make money online. Social media used to be a way for people to post selfies and connect with those that they hadn’t seen in awhile. These days, you can do so much more. Here are a few easy ways to make money with social media.
This post has been written by the talented Kimberly Studdard. Enjoy!
One of the best ways to make money with social media is to manage it! If you have a knack for social media trends, growing engagement, and can manage multiple clients at once, managing social media can be a great option for you.
Keep in mind that many companies may want you to complete this work for free or as an internship, so try to market yourself for paid opportunities. If you want to offer more than social media management, you could be considered a virtual assistant and offer social media as a package. You could also try reaching out to smaller companies or even bloggers, you never know who will say yes!
Promote Your Products Or Affiliate Links
Even if you have a smaller following on your social media channels, you can always market your products and affiliate links to make a little extra cash! This is a super easy way to make money with social media, because you only have to add the links when you want to.
If you sell physical products like books or gifts, promote them! You can also add in links for other companies that you use and love, and make some money. Just make sure you follow the guidelines for each social media channel.
Did you know YouTube is considered a social media platform? Well it is! YouTube has tons of people that use it and make money from it. So how is YouTube a way to make money with social media?
Well, YouTube has a partner program that allows you to earn money based on a few factors like subscribers and views on your videos. While the earnings are kept quiet, you could potentially earn anywhere from $100-$100,000 a month. There are big YouTube stars earning as much as $4 million a year.
While earning 6 figures from your YouTube channel will require more effort and work on your part, you can still earn a little side hustle money doing what you love in front of the camera.
Sell Stock Photos
Are you good with the camera? Do you love taking flat lay photos or pictures of mountains and beaches? If you answered yes to those questions, you may have a good chance at selling stock photos. Selling stock photos is a great and fairly easy way to make money with social media, because you can sell them more than once, and you can sell them on multiple platforms. You could also create a membership based program to earn even more income from your photos!
One of the easiest platforms to sell your photos on is Instagram, but you could also use Facebook and even Pinterest. Putting your photos in a portfolio and having happy customers could boost your reputation and earn more money too!
If you want to take affiliate sales a little further, you can always try a sponsorship. A sponsorship is when you promote a product or brand and they pay you directly, vs. through sales. Normally, sponsorships opportunities are based on your followers and engagement with them, but you can still snag a sponsorship with a smaller social media channel.
Going the route of sponsorships is different than affiliates in a few ways other than the pay. It’s important to also have a contract, and make sure that you follow the laws. If you are sponsored by a company, you have to say that you are, and it can’t be hidden. For example, on Instagram, you have to put #sponsored somewhere in the caption. As long as you follow the laws and have a contract in place, you should be good to go!
So there you have it, 5 easy ways to make money with social media! These are great side hustle options, or even possibly full-time gigs if you choose to do so!
How will YOU make money with social media?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.