Most experts believe that Facebook is only for connecting with people and not for making money. But when you’ve built a strong connection with your audience, you’ll want to take advantage of that connection to make some sales. These people will be willing to buy through your links and recommendations because they believe in you.
Here are some of the ways you can make money on social media.
1. Promote affiliate products.
No matter what industry you’re in, you can always find great related products at ClickBank and Amazon Associate. By promoting those products and making sales, you can make some side income.
Most people will open social media and start spamming their Twitter links, Facebook pages and groups, etc. The thing is, this trick doesn’t work at all. You will probably get a few leads but in the long run, you will likely get banned from the social media platform.
Always tell people that you are using referral link, this way you will build trust and more people will consider you as honest and will buy using your affiliate link.
2. Create and promote your informational products.
If you already have a blog, and have proven your expertise in a particular topic 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 have a blog or are an expert on something, you can write an e-book, audio program, or video course on that topic and sell it to your audience. You can promote your product using the social media platform.
There are a lot of platforms that can help you create your first product. You can use Sellfy, Gumroad, or Amazon’s KDP.
In a sale, quality always trumps quality, so make sure your product is great.
3. Promote products and services.
There are many opportunities to share sponsored posts promoting other companies’ products and services. This is a straightforward way to make money from social media.
Another great and quick way to make money from social media is promoting sponsored posts. This is one of the fastest and most direct ways to make money from social media.
This method only works if you have a large audience. Over promoting will result in people not following you back.
You need to mix things up and you need to keep a balance between useful posts and promotional content.