How to earn money on Social Media?

Now, there are an estimated 2.62 billion active users of social platforms, and rising every day. This is considered a potential source to the people, who want to monetize your social media. The trend has developed strongly recently, especially the young generation. So, how can you monetize your social media accounts?

Here are the answers: three ways to do this.

1. Direct Sales.

It is the most typical and easiest way. We have to recognize that some industries are better suited to direct sales on social media. Interior design, furniture, fashion, real estate, and other visually-appealing.

2. Video Marketing.

We know that 2018 is the year of video. By creating videos and upload social media platforms and promote it. But to follow the way, you need your creation. There are a few ways to make money with video content:

• Ad revenue from racking up views

• Influencer promotion

• Affiliate marketing

3. Lead Generation.

This is a super important method for monetization that every business should be focused on when trying to get more out of their social media accounts. There are so many ways to generate leads from social media that it can sometimes be overwhelming.

As you can see, there is a heap of ways to monetize your social audience, but you need to actively utilize methods to guide your audience along, and not settle for mere vanity metrics.

Also read What is Social Media Marketing?

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