There are a lot of ideas and views as regards how to make money on social media. A typical case of too much information but not enough relevant guidance and direct pointers on money-making social media ideas/strategies. To make money off social media fully, you need to build a business around your social media account(s). You have to make it your business to keep your account active. This would require the active engagement of your followers and customers on a daily basis meaning you have to be consistent, and deliberate about providing valuable content. By doing this, people will begin to associate you with your content.
Looking at the fact that you are almost always on social media platforms; Facebook, Instagram, Twitter, most times, mindlessly scrolling day in day out, while others make as much as N500,000 per post. Why don’t you get in on the money-making train, following these guidelines on how to make money from social media.

1. Compile your expertise in a video or E-book.

If you are the type who is known for putting out helpful tips and ideas on your social media page and you notice that a lot of your followers keep seeking for advice especially on topics and around your niche, and you get a decent amount of engagement, all you need to do is to compile all you know about that subject area into an E-book at an affordable price or make a short video using your smartphone and upload it on Youtube. You don’t have to be an expert in that field, as long as you have a proven track record, you can monetize this knowledge. Go, consultant!!

2. Market your product.

You can set up an online store/shop selling items. Buy cheap from sites like Ali-express, Alibaba, E-bay, etc. be willing to market it as your life depends on it, make use of sponsored ads on Facebook. Don’t be afraid to let people know what you do. Whether it’s a product or a service. These days a lot of businesses run successful online stores without necessarily having a physical/walk-in store. Get into E-commerce!

3. Brand Collaboration

As a brand, you can collaborate with other brands to build your social media presence. This often works with brands that complement your brand and align with your message. You can collaborate with other brands to offer giveaways to your shared audience, this often drives people’s attention and keeps them watching out for your next offer. You could also choose to exchange your product for publicity, whichever one works for you.

4. Social Media Influencing

Social media influencing has become a game-changing marketing technique. A lot of companies/brands make use of popular social media users/influencers to promote their new products. If you have a high number of followers, and you get a lot of engagements or interactions on your posts, brands will reach out to you, if they don’t, reach out to them with the value you offer and your rates. Make cool money just by being online!

Have you started making money with any of the tips listed? Share with us.