Blogger, entrepreneur, or influencer—social media plays a large role in how you interact with brands and your target audience. When it comes to making certain recommendations and influencing your audience to buy certain items, it’s important to make sure you’re knowledgeable on how you can benefit from using your social media platforms, all while gaining a few extra coins.
So how do you use Instagram, Facebook, Twitter and Snapchat to make some mula?! Well we’re glad you asked! Below we’re giving you a few tips on utilizing your social media platforms in exchange for some extra money in the bank!
Making Money with Social Media
When it comes to social media, it’s important that you know your audience—their wants, needs, desires, and interests. On Instagram, users have the option of including a “shop link in bio” on their Insta posts as well as directly linking their products with pricing for their audience to purchase.
When using this feature, you can link multiple items within one post to give your audience a variety of product options to choose from. Another Instagram option is to use the “swipe up to shop” located on Insta Stories. Creating a short link for your viewers to shop your products all while still staying in the Instagram app is an absolute plus!
Generating revenue through Facebook is one of the easiest and most effective ways to make money using your social media platforms. Using targeted advertising like affiliate links and making sure they’re in front of the right people will allow your Facebook community to grow through engagement and brand awareness. Also keep in mind, diversifying your social media platform and targeting a diverse audience will help monetize your social media platforms too.
Sponsored tweets on Twitter have become the new it thing. As a Twitter user, you have the option of finding sponsors and having them pay you to simply Tweet about their products. Sponsored Tweets have become a well-known service used by many Twitter users to gain a few extra coins.
You have the option of choosing from a list of advertisements that you would like to promote and as long as your account meets the minimum requirements, you can utilize this service and start making some extra cash!
Although Snapchat is fairly new in comparison to the other three platforms, there’s still lots of money to be made! Users can design and promote their own geofilters through Snapchat and each time their filter is used by a user, they receive compensation.
Just Like Facebook and Twitter, you also have the option of promoting affiliate products as well as sponsored posts and images. One special feature Snapchat has to help its users monetize their social media platforms are Snap Ads which allows you to make a call-to-action for services.