17 Untapped Ways To Make Money From Social Media | All You Need to Know

It’s no longer news that people make money from social media. Even though the idea is relatively new, making money with social media is quite a lucrative business if you know how to play it right.

There are several untapped ways that you can benefit from.

So, why not stop that aimless scrolling and learn how to make cash from social media platforms here?

Social media is an indispensable part of many people’s lives. It’s estimated that all social media networks have a combined total of 5 billion active users.

Huge, right? There are more facts.

Research has also shown that the average person spends about two hours a day on social media – but if you’re a social media addict, you’ll likely spend much more time trawling through the various platform.

How about you use all that time to make some cool cash online

How To Make Money From Social Media

Here are ways you can make money from and with social media:

  • Become a Social Media Manager
  • Copywriting
  • Monetize A YouTube Channel
  • Creative Writing
  • Run An Online Instagram Shop
  • Entice Customers With Your Product On Pinterest
  • Editing
  • Become An Amazon Affiliate
  • Promote Posts
  • Comedy Writing
  • Sell Your Art
  • Airbnb
  • Show Your Musical Abilities On SoundCloud
  • Sell Rights To Your Photos
  • Become a Brand Influencer
  • Affiliate Marketing
  • Promote Your Coaching or Consulting Services
  • Innovate

#1 Become a Social Media Manager

This is one of the most common ways of making money from social media platforms. Most companies and prominent figures now have one or several social media accounts and seek someone to handle their social media presence.

Reason being that they often lack the time or the capacity to handle the sheer volume of requests that come in daily, so they hire social media managers to handle their accounts for them.

Although a good number of these positions are internships, there are also many paid opportunities out there. So, a quick search on Google will reveal several online opportunities for social media managers. You only need excellent language skills and a good understanding of current social media trends.

#2 Copywriting

Brands are looking for people to write good sales copy for them. And one way you can maximize this is by showing off your language and grammar skills on social media platforms like Twitter and Facebook.

Prove yourself to be skilled in a preferred language to get hired to write for living.

#3 Monetize Your YouTube Channel

Not only can you make money with social media, but you can also turn yourself into a force. Start a Youtube Channel today, get the audience, and monetize it.

RELATED: 20 High Paying Side Hustles In Germany You Can Start Now

Grace Helbig, Nigerian Mark Angel and Emmanuel, are just a few of the many who developed a large audience through the hilarious videos they post weekly. They make a significant sum just off ad revenue from their YouTube channel.

Also, joining the YouTube Partner Program is another path worth exploring in making money from your videos.

Here is an expert guide on how Vloggers make money from their videos

#4 Creative Writing

Social media is a great place to showcase your creative writing skills. Let your friends and followers know how good you are. You can do this by interacting with your audience or even serializing a whole novel or short story over many posts-you never can tell who’s watching.

Also, look out for creative writing opportunities on the various platforms you belong to.

#5 Run An Online Instagram Shop

It’s no longer news that you can generate a lot of sales from starting an Instagram shop. All you need is active engagement on your page and a sizable number of followers. You can also invest in ads to get your products across to the target audience.

Additionally, if you have items that would be attractive to Instagram users, it’s relatively pain-free to set up a shop by connecting your account to the service inSelly. 

#6 Tease Customers With Your Product On Pinterest

As a small business owner, you can benefit in big ways from getting users to “pin” photos of their items on their Pinterest boards. First, create an account, engage in the community by pinning other people’s photos and upload photos that entice people to buy your product.

Check out these 9 Legit Ways To Make Money From Pinterest | $250/day

#7 Editing

Your activities on various social media platforms tell people who you are or what you do. As an editor, you can find success in marketing yourself on social media by leveraging the exposure of these platforms and then, monetizing your skills.

This is because services like Twitter and Facebook are great proofs of concept for your editing skill with the written word.

#8 Become An Amazon Affiliate

Becoming an Amazon Affiliate is another way of making money on social media. Here is how it works – once you join Amazon’s Affiliate Program, any sales made from a link you provide to Amazon will net you a small percentage.

All you need to do is cultivate a following and promote specific items on your blog, then include an affiliate link to the item on Amazon so that you’ll get paid when a follower purchases something.

#9 Promote Posts

Promoting your posts on social media helps to get your sales pitches in front of more audiences who will patronize you. Although it’ll cost you a little cash, sure, it could net you huge rewards.

RELATED: 10 Best Passive Income Ideas For Artists

#10 Comedy Writing

A lot of new comedians birthed their careers on Twitter and Facebook. Your 140-character jokes or funny insights on Twitter can gain you a lot of attention. So, if you’re a clever wordsmith, consider giving comedy a shot to make money with social media.

#11 Sell Your Art

Tumblr and Instagram (Tumblr in particular) are great platforms to post original artwork and get a lot of responses and shares.

Here’s how you can make money from it.

When your art starts going viral, you can turn that interest into income by selling prints and other merchandise through an online store like Etsy or Big Cartel.

#12 Airbnb

Another way to make money on social media is by becoming an Airbnb host. Becoming a renter via Airbnb allows you to rent places in 190 countries. See the best guide to becoming and making lots of money as an Airbnb Host here.

#13 Show Your Musical Abilities On SoundCloud

Becoming a rock star is a near-impossible goal for many but with SoundCloud, one of the best places to get your music noticed; you’ll get the recognition you deserve.

So, if you know how to come up with a catchy jingle, you can post it on SoundCloud to get clients flocking to you to create music for their commercials, radio ads, etc.

#14 Sell Rights To Your Photos

You can also make money from social media by selling the rights to your photo. This is it, if you take good enough photos, people will pay you to use them. And one place to do so is Flickr.

Flickr is a popular place to view and sell the photos you’ve posted there. Aside from making money from the photos, you can also license them under Creative Commons (which won’t net you any money) but will expose your photographs to a wider audience.

#15 Become A Brand Influencer (Promoting Brands And Marketing)

Becoming a brand influencer is one of the most common ways to make money with social media, especially on channels like Instagram, Twitter, YouTube, TikTok, and blogs.

You do this by promoting brands or their products to your followers and convincing them to buy. However, before this can happen, you must be active and have a good following on these platforms.

You may also like to know the 15 Untapped Ways To Make Money Advertising For Companies

#16 Affiliate Marketing

Affiliate marketing is a form of passive income that’s similar to promoting a brand, except you need your followers to click on a link and make a purchase to earn you some commission here.

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For instance, if you’re promoting a hotel, you need your followers to click your link and book at the hotel – then you’ll earn a share of the profit.

So, how do you go about this?

First, use networks like Clickbank and Affiliate Window to find affiliate programs that work for you. These platforms have hundreds of thousands of products to choose from, but you need to find something that’s relevant to your subject area.

Also, research beforehand to know exactly what you will be promoting and that you’re comfortable associating yourself with that brand. See the best affiliate programs for beginners here.

#17 Promote Your Coaching or Consulting Services

Social media is a great platform to generate leads for your consulting business. So, whether you’re a piano teacher or a life coach, if you have demonstrated expertise in a specific area, you can create more interest in your services by connecting with your target customer on social media.

For instance, coaching sessions can be conducted over Skype, and this is an opportunity to make money without leaving home. Also, consulting can be profitable, so remember not to undercut yourself; charge a fair price for your time and effort.

One interesting thing about this social media money-making option is that you can also combine selling information products with this. This is because those who want your advice are more likely to be interested in the ebooks and courses you’ve created.

Conclusion

There are tons of money to be made on social media right now. The field is so new that many more ways will likely open up.

So, consider how you can use the above social media services and their marketing to make money, grow your career, or even create a new one.

I hope this helps as you monetize your social media activity.

Good Luck!!!

Reference

  • LifeHack – 15 Easy Ways For Everyone To Make Money With Social Media
  • STS – How to make money from social media
  • Entrepreneur – How to Make Money With Social Media

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