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Making Money with Social Media

Facebook, Twitter, LinkedIn, Instagram, Pinterest, Google+, and Youtube are just some of the social media outlets available online today. Nearly two thirds of the world’s population spends roughly five hours per day online. With all of that opportunity to meet other people and experience the world, how can individuals and businesses make money with social media? With these special tips from our expert team, we’ll show you the most successful ways to go about making money with social media.

Utilize Your Best Channel(s)

Knowing how you communicate on an individual or business level is extremely important. The options out there are limitless, but you are the only one who knows what your goals are and what you need to accomplish. Here are our 7 best channels and suggestions to begin making money with social media.

Facebook

Facebook is one of the first social media channels ever to come into existence. Your most active demographic are both male and female users between the ages of 13 and 40. Facebook should be used for light, fun, and basic information. Join groups, attend events, and reach out to your acquaintances from the past and present. If you’re providing a special sale, service or offering, make it sweet, simple, and fun, and you’re guaranteed to make money using Facebook.

Twitter

The key to using Twitter is to keep it short and to the point. If you’re not gifted in the art of short conversation, making money with Twitter may be a challenge for you. Twitter is the place to make brief announcements, such as a product release that leads to your website or a new partnership agreement. Even letting the world know about the one or two words that you may be feeling because your hockey team lost last night isn’t a bad idea.

If you’ve just published a book or started a blog, Twitter is the place to announce it. Not sure how to use Twitter? Check out our latest blog for some useful pointers. Making money using Twitter won’t happen overnight and it’s essential to have a decent following before you try to start. Not sure how to get a Twitter account started? Check out companies like Twiends.com to help you get the ball rolling.

LinkedIn

This social media outlet is the most difficult and expensive to utilize; but, for good reason. Making money with LinkedIn is not for the faint of heart, and can yield substantial results. If you’re an individual, the best way to use LinkedIn is to help find the perfect job.

If you’re a business, LinkedIn is the perfect way to align yourself with professionals within the industry you want to reach. This will also help showcase your product or service to the right people. Advertising on LinkedIn can be expensive, so make sure to really consider how you’re spending your advertising dollars. If you’re not sure how to make the most of your advertising dollars on social media, you may want to reach out to a professional agency.

Instagram

The world of pictures awaits you, and consists of everything from breakfast food to dogs playing Frisbee, when you use Instagram. If you’re an individual who sells art, crafts, merchandise, food, or any other tangible item, Instagram would be your social media jam. Making money with Instagram is easy if your business caters to all things visual. Make sure to build your followers and then post pictures of the latest and greatest that you or your company have to offer. Linking your images back to a source where your item can be bought is key to making money using Instagram. Never leave a photo un-linked.

Pinterest

Idea central. Ever needed an idea to help you make the most of the left over materials from your last remodel? Is your five year old’s birthday coming up and they want a themed party that you can’t seem to find any inspiration for? Pinterest is your place.

If you’re an entrepreneur or small business owner, Pinterest can allow you to share your life-changing ideas with others. Making money with Pinterest is simple, but remember one thing. Just like with Instagram, your images should always be linked to a source that consumers can purchase your product or service from. Dead links or pictures result in lost revenue.

Google+

This lost, yet sometimes relevant, social media outlet isn’t without it’s perks. Google+ is the best social media platform to use to make new friends and customers. According to Huffington Post writer, Bianca Boster, Google+ is, “an interests network, not necessarily a social network”. Boster also stated that there is, “potential for a social media trifecta: Facebook as social…, Twitter as information… and Google+ as interest…” Utilizing Google+ to make money is all about getting to know new people based on common interests. This will lead to expanding awareness for your products, services and business.

Youtube

If you’re a ham in front of any camera, then Youtube is the best channel for you. Investing in a small in-house or in-office studio with decent lighting would be a great way to start. Pick a fun background or conduct an informal interview to introduce your new ideas or products. Do a demo, create a new, catchy theme song about your latest invention or conduct a review of services. The sky’s the limit with Youtube, but you have to be into being more on camera than off. YouTube is also a great way to brand yourself and your company. Take a look at these successful Youtube entrepreneurs from 2016 for some inspiration.

Making Money With Social Media

When trying to make money with social media, make sure that you’re using the best information at the most relevant time. Always try to make your information as visual as possible as well. Posts should always have an image or picture associated with them on any channel. Videos need to be relevant, full of information, and attractive to the average consumer. Making money using social media is possible, but takes time, hard work, and the ability to know and study the audience you want to reach. Keep it simple and you’ll be successful.

Elevare is an all-inclusive marketing and business development agency that offers the services and skills necessary to help businesses of every size to be successful. Fill out the form below and we will get back to you quickly.

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