7 Ways to Make Money on Social Media in 2020

So how do you make money on social media, but without having a billion views and 100k followers, subscriber tiktokers?

7 ways to make money on social media

Build a Brand to even be considered, now you don’t really need a massive audience. Maybe between 5k plus you should be solid.
– Pick the main platform
– Pick a niche
– Be consistent
– Be active
Example: I know this one guy, that a friend of a friend and he travels for free by offering to take pictures for the hotel.

Pick a social media influencer Network
– Grapevine
– Brand watch
– AspireIQ
Tip: they all have fancy stories and brands they work with, just sign up to as many you can handle and see what gigs you can find
Link: https://www.stedavies.com/influencer-marketing-platforms/

1. Affiliate marketing
Story:
Beg: By far one of the most popular ways to make money on social media.
Complex: That why you see a bunch of influencers with links in bio, descriptions and more.
Ending: commission is usually 1% all the way up to sometimes 55-65%.

Joke: green tea and teeth whitening: but in reality, those discount links are just a way to track who bought it.

– Amazon affiliates
– Fitness products
– Clickbank ( and they 1000s of product you can sell for a high commission)
Do me a favour: please make sure you like the product before you sell it.

2. Paid per post/ Promote the post
Story:
Beg: This one is kind of harder because you need to have proof of audience. Either through likes, followers or views and so on
Climax: This why Kylie Jenner Chargers 1m per post
Ending:
But I honestly think that just a number they use to start the negotiation
Tip:
– Usually, the advertiser will reach out to you
– Not all money is good money ( sometimes no is better )
– Be consistent and focus on building your audience
– Join one of those network groups they have a lot of deals going on

3. Ads integrated platform
Story:
Beg: to get ads on your videos you have to qualify
Climax: YOutube its 1000 subs and 4k watch hours
Facebook its 1000 followers or 15k post engagements or 180k minutes watched in 60 days or 30k 1 minute views on 3m videos ( this for short content, and you also have to follow the platform policies
Ending: they both are pretty cool, however, facebook is a little more tricky.

– Google AdSense ( youtube)
– Now Facebook has a way also

Tip: make content for both of them, you can’t really reuse content unless you reformat it.

4. Spokesperson
Story:
Beg: this is where the big money comes from
Climax: Im talking, the rock with underarmer, Kim Kardashian with Alexa, And even Kevin heart with chase
Beg: to be the spoke person the face almost of a company, theirs a lot of money and lot of risk ( if they go down something you go down: and backwards)

To do this:
You’ll either need to approach a small company in the development phase and help them. And then maybe you can be the spokesperson

However, to do it on a high level, you’ll need a big following.

5. Helping people use social media and also social media stars create content ( like what I did for Bela and forever world)
Story:
Beg: I did them both, I helped business and also youtube make content by editing
Climax: I ended up quitting in most situations, but did I learn a lot
Ending: it’s like what they say, the best way to learn is by watching someone do

What to do:
– Editing
– Manage social media for business

How: just reach out

6. self-advertising
Example: im accountant, and although I might give everything for free, people would still want to hire me and pay me. So the more value you give the more customers you’ll attract. ( but your reputation is on the line always)

7. Last way if we have time: Patreon: give people exclusive content
– For me, it’s against my idea of just giving all the knowledge I have.

Overall Tip: You can make money in a lot of ways, believe me. But I say no to 99% of all the campaigns I get, why because most of them just want to take and not give to the audience

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