Page 14 - Payout Magazine Online Volume 8.1
P. 14
ocial media can be used for far more than
Sjust posting selfies and connecting with
your high school friends. As companies and
individuals turn to social platforms for more
than entertainment, a significant number of
people are turning to these platforms for new
ways to make money.
Social Media for the
entrepreneur
While many entrepreneurs these days
are using social media to make their
businesses money, just as many are
realizing that they can use their own
social media accounts to generate
a steady stream of income. While
turning to Instagram for a paycheck
may not make sense to some, a lot
of influencers and industry leaders
are using their social media accounts
to bring in the big bucks. If you’re
wondering how to put your social
media to work for you, keep reading.
1. Make Money with
Affiliate Products
Anyone with a popular enough
social media account can promote
affiliate products on their page.
Take a look through ClickBank
to find products that you’d like to
promote through your social media.
Similarly, you can sign up to become an
associate with Amazon. This will allow
you to promote products of your choice
through your page. When these products sell
to people that visit your account, you will earn
commission on each sale.
A great way to actually promote these products
is to review them. Whether that means tweeting
your thoughts out or posting a video review, you
will find that your honest feedback is what will
Using Social encourage others to purchase the products for
themselves.
Media to Make 2. Find a Niche and Sell Your
expertise
Many of us have an interest or profession that
Money we are verifiable experts in. With social media,
you can easily monetize that expertise by selling
products like e-books, courses, and video chat
sessions with interested followers. In addition
14 PAYOUTMAGAZINE