We all know how important social media is nowadays to spread awareness, connect with customers, build a customer base and increase visibility, whether it is about your small business or you as an influencer.
As a result of the popularity of these platforms, many people started earning money online. Platforms like TikTok, Instagram, Facebook, and OnlyFans are taking the world by a swing and enabling users various methods of monetizing their content.
When it comes to Instagram and monetizing your content on this platform, only the sky’s the limit. It can be your full-time job where you can earn a proper salary and build a loyal fan base.
This article will cover the basics of how to use social media to make money even if you don’t have thousands of followers. Let’s check it out!
- Create an Account on OnlyFans
Trends change and popular platforms for your social media come and go. What might be the “hot topic” this year, might not be much of a big deal the next year. It’s important to stay ahead of your competition and do research on which platforms will be profitable next year as well.
And this is the case with OnlyFans. This platform doesn’t seem to see its downfall anytime soon. The top Only Fans accounts are earning some serious money, so make sure to check them out and see how they do it.
There are various ways to earn through OnlyFans – through paid subscriptions, paid posts, paid messages, live streaming, tipping, or fundraising. With the subscription method, loyal customers will pay a certain fee each month to access the content you’ve put behind a paywall.
Earn Via Paid Posts
If your OnlyFans account is free, you can put some posts behind a paywall and the chances are, those who are already fans of your free content will be more likely to pay extra and satisfy their curiosity. Just make sure the titles for for your posts are simple so that people can easily see it like for example when people search in their browsers “Tristan Tate age“.
Earn Via Live Streaming
Live streaming is a whole new way of earning money on the platform. You can ‘go live’ and have interactive sessions with your fans for a particular fee.
Earn Via Paid Messages
Paid messages are a form of direct messaging where you can communicate with fans from around the world. They pay you for each message sent/received.
Earn Via Tipping and Fundraising
Tipping and fundraising can get you a lot of money. Your fans can show their appreciation via a tip or you can set up a fundraising event if you are passionate about a specific charitable cause.
- Affiliate Marketing
Affiliate marketing is a great way to promote brands that you love and earn from them. A lot of today’s brands have implemented their own affiliate programs. Thus, you can reach out to brands and enter their program to begin earning.
Once you are part of the program, you will be required to promote the brands’ products and put affiliate links on your social media channels so potential buyers can click on them. Every time someone clicks the link and buys a product, you will get a certain commission.
The commission range is usually between 5%-15%, however, it depends on the brand and the terms upon which you agree to work.
- Paid Membership
Another way to earn on social media is to produce exclusive content and set up a membership where only the followers who will pay for it can access it. A lot of platforms have a membership/subscription feature embedded, so you can leverage this method by creating quality content so your fans will be willing to pay for it.
And since subscriptions have provided an alternative way of advertising, many subscription models have grown exponentially.
Platforms like Twitch and YouTube have implemented such features, and even Twitter is enabling the “super follow” feature for exclusive content on the platform.
- Launch a Video Series
Launching sponsored video series can get you that extra cash! We are talking about video series of a specific niche, like history or travel topics where you will be sponsored by an agency or another entity.
If you are successful, an agency will even sponsor your trips and expeditions in different places where you will be required to create a high-quality and informative video with reliable information about the place. You can use facts, history references, film interactions with the locals, and do whatever it takes to create the most interesting videos.
Then, you can upload these videos on YouTube, Facebook or Instagram and attract viewers. Besides gaining sponsorship from an agency, you can also earn money from these platforms from the number of views and subscribers you can gain.
Do It Now!
Hopefully, our tips have helped you gain insight on how to earn money on social media and increase your passive income. If you’ve never used social media before, do not be deterred from doing so, because it’s always the right time to learn a new skill and maximize your income.