Given the current economic situation many of us are facing, it’s perfectly understandable if you’re looking for some ways to make some extra money on the side. A lot of us are feeling the need to find other income or tighten our belts. The good news is that there’s a pretty good chance you could use social media to earn some extra money.
Partner with Companies
Partnering with other companies to monetize your social media channels can be a great option. If you have a YouTube channel, look for companies who might be willing to sponsor you in exchange for you taking some of your time during your videos to promote their business and products. The savvy business will be trying to build their own social media presence too. If your content creation skills are on point, you could partner with companies and create content for them that they’ll pay you for.
Sell Your Own Products
Maybe you’re a budding entrepreneur and you have your own products. As it turns out, you don’t need a website in order to sell your products if you have social media profiles. Instagram has features that make setting up an online store really easy. Facebook Marketplace is another great option that you can take advantage of in order to sell your goods. Pinterest, LinkedIn, Twitter, and SnapChat are other platforms that are worth looking into to see if they’re a good fit for you and your products. Create your own posts featuring your products. Combine that with the different marketing tools available on the different platforms you use to get your products in front of as many potential customers as you can.
Become an Affiliate
Do you have a blog? Is it pretty popular with a sizable following? If so, becoming an Amazon affiliate or an affiliate for another business may be a good option. In order for this to work well for you, the products you promote should make sense with the content you have and the niche you operate in. Not sure where social media comes in? It’s all about sharing your content on different platforms. By sharing your blog content on social media, you encourage people to visit the actual page the content is on, which provides an opportunity for them to follow your affiliate links so you can earn some cash. You may even be able to create posts on your profiles in which you can include your affiliate links or promote products that you’re an affiliate for so you don’t have the blog post acting as a sort of middle man.
Start a Career as a Social Media Manager
Remember how earlier we said that savvy businesses are interested in building their own social media presence? If you’re already pretty awesome at handling social media accounts, becoming a social media manager for businesses may be a side gig that you can easily transition into a full time career. It will be your job to create promotions for brands, manage their social media marketing campaigns, and make sure their profile is accurate and up to date. With an average annual salary of $49,000, and the opportunity to grow your income squarely in your hands, it’s not a bad move to consider.
If you’re already pretty familiar with social media, there’s a good chance you can leverage your experience to make some extra cash. Partnering with other companies, selling your own products, becoming an affiliate, or starting a new career as a social media manager are all viable options that you could use to earn extra money. When it comes to choosing a side gig, there are a ton of different options. Why not choose one that you enjoy?
Read this next: How Affiliate Marketing Works: Step-by-Step
