How to make money using social media?

6 min readOct 9, 2021

How do I make a living on social media without selling a single product?

Visit my blog — moneyintrend.com

People are now generating money on social media without selling anything. Unusual profiles with a huge following are nothing new. They constantly seem to be on vacation or having fun. But how do they afford this fantasy life?

” They are social influencers. “

Experts estimate that worldwide influencer marketing will reach $5–10 billion in the next two years. This is great news for influencers who want to make a living on social media. Even if you don’t have many followers yet, this article will teach you how to attract marketers and businesses.

Other ways to make money on social media:

Open an Instagram Shop
Start Affiliate Marketing
Manage Social Media
Video creator on YouTube
Pinterest and sell your art
Make Money on SoundCloud

How many followers do I need to make money on social media?

Having said that, you still need a substantial following. No one will pay you to produce TikTok clips that only your buddies will see. But you just need approximately 1,000 followers to start generating a little money. There is no limit when it comes to Instagram, blogging, and social media.

How much money can I make on social media?

Instagrammers with over 75,000 followers may earn over 100,000 USD each year! Instagram and TikTok are currently popular and profitable, but trends change and they may not be so next year. It’s critical to keep up with industry developments and new platform launches.

How do I find my niche on social media?

Consider what you’re enthusiastic about or know a lot about. You’ll need to spend a lot of time on the topic, so be sure you love writing about it.

New influencers are motivated to work for any company that pays them. But you must understand the consequences for your future. Brands are increasingly prioritizing quality over quantity, which implies they would rather pay for a smaller, more engaged audience. They’re not simply searching for rich superstars to promote their products; they’re specifically looking for regular folks and ‘influencers.’

You don’t want to work with a company that conflicts your basic principles. You should also consider how this material will influence your followers and how other companies see you in the future.

Let me give you an example to explain my point.

Pewdiepie — 21.7M followers

Pewdiepie, the world’s most popular YouTuber, has over 100 million subscribers and also ranks among the top non-celebrities on Instagram. While he is best known for his YouTube gaming videos, Felix Kjellberg, a UK-based Swede, shares photographs of himself and his family on Instagram.

Nusr_et — 35.6M followers

With #saltbea, this cook has gone viral. By far the most popular cooking influencer is Nusret. You can’t have missed his renowned hand motions for adding salt to meals unless you’ve been living in a cave!

Don’t pretend you’re a foodie and then never post food-related material or work with food-related businesses. It’s unreasonable and won’t make you any money.

How do I monetize Instagram, Twitter and Facebook?

1. a paid membership

One of the most common methods to generate money on social media nowadays is to create exclusive material only available to subscribers who pay a monthly fee.

Recent trends have seen the emergence of sites like Patreon, as well as video sharing social networks like Youtube and Twitch. A new “Super Follow” feature on Twitter allows users to charge for exclusive material.

2. Affiliate marketing for brands

Promoting companies you love with affiliate links is another terrific approach to monetize a social media following. Some businesses have their own affiliate programs, but most are available through an affiliate network.

Depending on the companies you wish to advertise, you may need to apply to various affiliate networks. A quicker approach is to utilize a platform like Skimlinks. You can works with the 50 largest networks to immediately access up to 48,500 affiliate programs globally.

3. Become an influencer marketing membership

Joining an influencer marketing network is another excellent way to make money using social media. Influencer marketing (or monetization) platforms like Influencer Marketing Hub link companies and influencers, making collaboration simpler.

Most of these sites need a minimum number of followers and may only accept one social media platform. Then you’ll be able to visit your performance dashboard and view all the businesses you may promote.

4. Brand partnerships.

Brand partnerships are indeed a basic way. Let me give you an excellent example.

Julie Nolke also repurposes her films on Instagram and creates whole comedic sketches to promote businesses like Google. Because it was shot in square format, which works best for Instagram, and included a giveaway, it garnered a lot more views than her other videos.

Julie has a Patreon community and also sponsors her short sketch comedy films. She has a fantastic technique for marketing goods without annoying her viewers.

Julie generally acknowledges the business sponsoring the video briefly at the start and promises further specifics towards the ending. For Youtube‘s algorithm, the opening five seconds are important.

5. Create an ad video series

Instead of one sponsored post, businesses might sponsor a video series. The average Cost per 1000 impressions (CPM) for each social media platform is as follows:

$5-$10 on IG
$15–30 on YouTube
$30–50 on Snapchat
$4–8 on Facebook

These figures vary depending on engagement, but they might give you an idea of how much you can expect to earn/charge.

6. Your own instructional products/services.

You may create and sell a variety of educational products or services on social media. Courses, ebooks, and mentorship are examples that work effectively in many niches.

Paul Davids is a Dutch guitarist who runs a guitar-focused YouTube channel. Since launching his ‘Paul Davids‘ YouTube channel in 2015, he has amassed millions of viewers. He now has over 2.5 million subscribers and is increasing fast! Paul also sells his Guitar course on his website called pauldavidsguitar.com.

7. Sell your own merchandise

Another option to generate money on social media is to sell your own products. Create your own shop utilizing tools like Instagram shop. Julie also sells her own items on the social media platforms like Instagram and Facebook.