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




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