It’s no secret that social media is for connecting with friends, family, and other people. But it’s also quite common to see people making money off of social media. 

The question is: how can you make money off of social media? 

In this article, we’ll list down the best ways you can earn extra income from your favorite socila media channels. Check them out. 

Sell Stuff Online

You can sell products on social media, and it’s quite straightforward.

You post a product and indicate you’re selling it. People can comment or message you if they like the product. You agree with the delivery and payment method. 

And voila, you’ve just earned some extra cash. 

Also, social media channels and platforms often have features created specifically for online sellers. Take advantage of that. Just know the community guidelines for sellers and buyers and obey them. 

It also helps if you know how to set yourself up for success in social media ecommerce. 

Become a Writer and Editor

Content marketing on social media is all the hype these days. And for good reasons: businesses can promote their brands and products online and reach millions of users. One example is uploading your video online to promote your content worldwide. You can use free video editing softwares like Clipchamp.

You can be a writer or an editor on social media with businesses that have an active social presence. Show off your language and grammar skills and write posts, captions, ad copies, scripts, and more on Facebook, Instagram, Twitter and others.

Be an Influencer 

You can be an influencer and gather a group of loyal followers. In this case, you are your product. 

You can try: 

• Blogging on Facebook and Instagram 
• Streaming games on Twitch 
• Streaming content on OnlyFans 
• Vlogging about anything on YouTube 

And many more. Become the source of entertainment and/or knowledge that the audience needs. 

Promote Brands and Services 

This one ties up nicely with the previous one, as an influencer starts to really rake in money when big brands and products start noticing. 

You can share sponsored posts that promote the product and services of businesses. 

For instance, if you’re a YouTube vlogger who uploads makeup tutorials with a decent number of worldwide subscribers, you can partner with a makeup brand and agree to review their products on your channel. 

Other times, you don’t really need to base your content on the brand. A simple shoutout or a quick promotion of their product often suffices — and you earn some money. 

Offer Coaching or Consulting Services 

If you are a subject-matter expert and you like sharing your knowledge with other people, why not offer coaching and consulting services? Social media is a great place to generate leads for this kind of business or service.

You can conduct coaching and consulting sessions over video conferencing platforms like Zoom or Skype. 

You don’t need to leave your house. Simply plug in and start doing business with your clients. 

Best Practices You Should Do 

Those are just some of the many things you can do to earn money on social media. 

And when you start doing any of them, you should adopt some best practices to ensure you maximize your earnings.

Here are some of them: 

• Post content regularly
• Link your accounts, from Facebook to Instagram to Twitter to LinkedIn
• Interact with your audience well 
• Use relevant hashtags 
• Add geotags (or locations) to your post
• Use social media analytics to monitor your activities 
• Use rich media such as images, infographics, PDFs, videos, and stories
• Try paid ads to increase engagement, impressions, and viewership
• Interact with more brands and other influencers 
• Make high-quality personalized content 
• Innovate 

Making money off of social media can be a lucrative gig. All you have to do is know how you want to use the platforms and channels and put in the effort. 

Produce quality content, interact with your audience, and become the social media money-maker you want to be. Good luck! 

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You can use free video editing software like Clipchamp