It seems that social media has become massively popular these past few years. Along with it comes another avenue for making money online. It might sound surprising, but social media has plenty of money making opportunities available – some of which can be lucrative.

With billions of users around the world, social media has become an excellent platform for various money-making schemes. In case you’re wondering, here are some foolproof ways to earn a stable social media income.

Offer/promote brands

Promoting brands/services on your social media page is among the most common means of earning online income. However, an online presence is required, and this can be achieved with the help of a social media channel. Sites like Facebook allow you to have a page where you can do some promotions.

That aside, several websites allow the promotion of various brands with ease – Takumi and TRIBE influencer are two good examples.

Also, you might want to get in touch with brands directly, especially those local businesses that are aiming to expand their reach in exchange for compensation. However, you have to keep it balanced. Don’t over promote stuff and neglect posting regular updates. Doing so will only cause your followers to unfollow your page.

Be an affiliate

Regardless of the niche, there are always profitable products to promote as an affiliate. Amazon Associate and ClickBank are just a few of the many sites that allow you to do so. You have to follow these steps:

1. Choose which products to promote
2. Promote the chosen products to your audience
3. Earn a commission every time a sale is made

The best thing is, there are always tons of products to promote, not to mention the convenience of online shopping prompted a massive portion of the global population to start buying stuff from the internet.

Showcase your writing skills and get paid for it

Sites such as Facebook and Twitter are excellent platforms to showcase your writing skills. If you have excellent writing skills, you can offer essay writing services on behalf of an academic writing platform, do copywriting or proofreading for college students and online business owners. Of course, a good command of the English language plus a creative mind are necessary, but the income you can potentially earn is enormous.

Sell high-quality photos

Social media has made it more comfortable in a way that it’s no longer necessary to partner with stock photo retailers to share your captured images. If you’re fond of photography and have a particular talent for it, it’s possible to quickly turn it into a moneymaking hobby.

You don’t even need a DSLR camera or enroll in an expensive photography training just to get started. Even with a smartphone that has a decent camera and the necessary photography skills, earning money right away is easy.

Some excellent platforms to do this include Instagram and Pinterest. But of course, like any other social media platform, you need to keep your profile updated with high-quality shots so people will notice. Also, don’t forget to include a watermark so your works won’t be stolen by someone else.

Still, if you’re unsure where to sell your photos, platforms like Twenty20 or Snapwire are some good places to look for buyers.

Create crafts and sell them

If you’re creative and skilled enough, you can turn your original works into cash. Products like personalized clothing, art pieces, and handmade crafts can be a steady source of income if marketed correctly.

Pinterest and Instagram are the most apparent platforms to promote them, but Twitter and Facebook work excellently as well.

Illustrations by Igor Kozak

Monetize Your YouTube channel

YouTube is currently the largest video sharing platform and an excellent platform to earn some money too. While building a sizeable channel is a lot of work, the results can be lucrative. Aside from being able to make some income, you can also turn yourself into an online influencer. As a result, you can get scouted by brands and even requested to promote their offers for a price depending on your influence.

However, to do that, it is necessary to enlist yourself in the YouTube Partner Program to start monetizing your videos. With enough creativity and video editing skills, you can earn a decent income via YouTube alone. But of course, the process takes time, but the results are worth it.

Create your own Instagram shop

Instagram is one of the best social media sites to showcase your stuff and even set up a shop to sell them. The process is relatively easy, and there are several tips and tricks on how to set up your own Instagram shop. To better promote your products, it’s important to post high-quality images which your followers will find attractive.

Final Thoughts

All of the above mentioned strategies have proven themselves to be quite effective when it comes to making money via social media. Promoting brands, as mentioned earlier, is the most effective among them - not to mention even beginners can start on it right away. However, it will need a bit of time and research, especially since you have to consider what your audience may or may not find appealing.