MONETIZATION SECTION D
2. Advertise affiliate
products
Affiliate marketing used to be all the rage back in the days when it was easier to launch spam campaigns at a massive scale. However,
despite the negative image of affiliate marketing, there are legitimate, ethical, and effective ways to do it. When you're selling products or services for someone else, having a deep understanding and belief in what you're selling is imperative. Whatever you do, don't try to sell things purely because they're supposedly profitable.
3. Try influencer marketing
Brands love influencer marketing because it gives them a level of visibility and credibility that they often can't hope to achieve by themselves. Although attracting the advertising pounds of big brand isn't easy, building a large community of engaged followers around a clearly defined niche will go a long way. Once you can build up a reputation as an authority in your niche, it's quite likely that companies will start coming to you to advertise their products and services.
Facebook shops and
direct sales.
Social media is also a popular venue for selling physical products. Facebook, for example, lets users set up online stores where you can add an unlimited number of products, organise them into categories and track sales through an analytics dashboard. To get started, all you need is a Facebook account and a business page. Another option is to display products from Shopify on your Facebook page.
These are some of the most effective and proven social media monetization tactics but selling is just the easy part. Almost all the work involves building your community in the first place.
5. Lead generation
Making money directly on social media isn't the only way to go. For many people, growing their social media accounts with a number of targeted followers is only the first step. Social media platforms, like Twitter, Facebook, LinkedIn and even Instagram, lend themselves to monetization.
But it doesn't have to happen directly on the social network platforms. You can actually use your social reach as a lead generation tool for your business outside of the app. If you're planning to sell software, cookbooks or even a fitness program, use your social network accounts to provide value and create n potential leads for your business. You c
thin with ananifin anll to noting huttaan an But it doesn't have to happen directly on the social network platforms. You can actually use your social reach as a lead generation tool for your business outside of the app. If you're planning to sell software, cookbooks or even a fitness program, use your social network accounts to provide value and create new potential leads for your business. You can do this with specific call-to-action buttons on your page or by making good use of your cover photos to promote what it is that you're trying to achieve. Click the link to continue with another section
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