“Using social media as a earning tool” Social media is the interaction among people in which they create, share or exchange information and ideas in virtual communities and networks. Social media can also be said to be a group of internet-based applications that build on the ideological and technological foundations of internet that allows the creation and exchange of user-generated contents. Social media refer to “the many relatively inexpensive and widely accessible electronic tools that facilitate anyone to publish and access information, collaborate on a common effort, or build relationship”. The introduction of personal computers, the Internet and e-commerce have had a great impact on how businesses operate and market. The introduction of social media technology is accelerating and we can expect it to have a similar impact on businesses now and into the future. At present in the world, social media has become the important part of peoples’ life from shopping to electronic mails, education and business tool. Social media plays an important role in changing people’s life style. Social media includes social networking sites and blogs where people can easily connect with each other. Since the emergence of these social networking sites like Facebook and Twitter as key tools for news, journalists and their organizations have performed a high-wire act. Such Websites have become a day to day routine for the people. We know how important social media is for getting the word out about your business and connecting with your customers. But it’s good for more than those connections. You can also make money on social media! If you’ve never used social media for your business before, don’t be deterred about learning a new skill. Even technology beginners can master and use social media platforms to maximize their small business income. Here are a few simple-to-implement, actionable tips for how your small business can make money on social media. 1. Earn Commissions Through Sponsored Posts One way your small business can earn money from social media is by promoting the products or services of other businesses. This is known as “sponsored posting” and it’s a direct way to make money on social media. A brand will sponsor posts to show up on relevant pages, and when a user clicks on that ad, you get paid. This is a good way to leverage a large following on social media. Most social media platforms have a sponsored post setup. Twitter even has a direct link to sign up for their sponsored posts. Visit Sponsored Tweets to match your company with relevant topics and start earning money with each relevant tweet. Amazon makes it simple to promote affiliate products through its Amazon Associate program. Each time a sale is made from the link you share, Amazon pays you a small percentage. For more information on getting started with the Amazon Affiliate program, visit their webpage. 2. Get Paid for Reviewing Affiliate Products Another way to make money through social media is by reviewing affiliate products. Companies will seek out reviews from other companies with similar customer bases, and they’ll pay for them. For example, say you run a salon. A shampoo company might ask you to publish a review of their newest product on your blog. They get their brand in front of new customers and you get paid. 3. Sell Your Own Products or Services another way to use social media to make money for your small business is by selling your own products. You can turn your social media accounts into a sales funnel for your businesses’ products or services. In fact, some social media sites allow you to turn your social media accounts into virtual online stores. 4. Get Paid to Share Your Knowledge If you have a niche business or sell a service, then you can make money through YouTube. Jason Parks, owner of social marketing agency The Media Captain says, “Creating ‘how-to’ content on a niche topic can earn you money on social media…I worked with a tennis pro who created a simple YouTube video, ‘How to Hit a Faster Tennis Serve.’ We monetized the video (which now has over 150,000 views), and he gets money based on the overall view count. We have also created other videos after the success of the initial video. While the tennis pro can’t quit his day job, the extra money into his bank account definitely doesn’t hurt.” 5. TikTok Creator Fund There are tons of ways to earn money on TikTok, including branded content, tips, gifts, and their dedicated Creator Marketplace. The Creator Fund is simple: TikTok pays you for views.It’s a nobrainer if you meet the steep eligibility criteria. Earn more with the content you’re already making. 6. Pinterest Creator Rewards Pinterest is currently testing a new rewards program for Idea Pins. They also offer an application-based fund which is unique as it’s meant to lift up underrepresented creators 7. YouTube Partner Program The combination of video view earnings and partial ad revenue means YouTube creators can start earning decent money with an audience of a few thousand (or one really viral video). To sign up for the program, you need at least 1,000 subscribers and 4,000 watch hours. 8. .Instagram Subscriptions Subscriptions allows you to add a membership to your Instagram account. Followers can pay a monthly, in-app fee to access exclusive content, which can be anything from subscriber-only posts and Reels to group chats, livestreams, and more. Host an event or workshop Events and workshops are a quick way to monetize your social media presence. They require a lot of work to set up and promote if you’re creating something from scratch. But, you can record it and use that content for lots of other things: Chop it up into many social media posts, or turn the whole thing into a course and sell it. Event ideas to create and launch: An in-person course or workshop. An online webinar or livestream presentation. A charity fundraiser and networking event. A summit or convention, partnering with other creators or brands. Alternatively, there are ways to reap the benefits of events without having to create it yourself, such as: Becoming a paid speaker for conferences. Podcast and media interviews. (Not always paid, but can be.) Sponsoring or advertising at someone else’s event. References: Www.Youtude.Com Www.Socialmediamarketing.Com Social Media Marketing (Validation Time Tested Ways To Grow Your Business)
