If I say you can make money on social media sites, it would be shocking enough for you. Social Media isn’t just a platform for building relationships, it’s more than that. And, through this article, I’ll let you know some quick tips on how to make money on Social Media Sites like a crazy.
Everyone is looking for ways on how to earn money on social media platforms. But do you know there is another great option that you can consider? And, that is to set up your own community website and make money from there.
The reason why I’m asking you this is that if you have your own community, you can solve your purpose in a much better way.
Must Check out this article on Create Your Own Social Network Free
5 Crazy Ways On How To Make Money On Social Media Sites
1. Earn money by creating Membership Levels
This is no. #1 way to earn money from social media sites. If you are running your own social media site, you can set up various membership levels. Membership levels can be Champion, Patron, Platinum, Gold, etc. depending on your choice.
Whenever a new member wants to join a particular group on your social media site or wants to sign up to your own online community, you can charge a particular amount from him.
In this way, you can earn money by creating various membership levels.
🌟 Bonus Tip:
If you’re a WordPress user, you can set up an online membership community using WordPress Membership Plugin.
2. Convert your social media site into social learning platform
Do you have some kind of talent that you would like to share with others?
Maybe you’re a great Musician or Digital Marketing Specialist. Or maybe you have some other kind of knowledge.
A great way to do so is to create a social learning platform. In this way, you can sell your online courses to your online community.
[idea]In case, you don’t know how to create a social learning platform, do check out this article:
3. Convert your social media site into Social Marketplace
If you have your own online community website, you can convert your social network into a social marketplace. Sell your stuff to your community members.
Want more than that?
Also, allow your community members to register as vendors and earn a good amount of commission from their sale.
🌟 Bonus Tip:
To convert your WordPress Social Community website into a Social Marketplace, you need to integrate it with a WordPress eCommerce Plugin.
4. Make Your Social Media Site A “Social Marketing Platform”
When you’re running your own social media site, how can you miss taking advantage of Social Media Marketing?
For all major social network websites like Facebook, Linkedin, Instagram, etc., a major source of earning is sponsored posts. So, if you have your own Social Network, you can also allow your members for sponsored posts.
Leverage Social Media Marketing and earn like a Pro.
5. Promote Affiliate Products
Another most popular way to earn through social media sites is Promoting Affiliate Products.
Clickbank is a well-known site where you can find great products to promote as an Affiliate. Pick out the best selling products and promote them in your community and start earning commissions.
Not just Clickbank, there are also other sites Amazon, Flipkart, and many more that allow you to become an Affiliate Member for them. Choose your niche and then start promoting affiliate products accordingly.
Words over to you!
So far we’ve discussed what are the crazy ways to earn money while having your own social media website. Now it’s your turn.
Leverage these tricks and start earning.
Leave a comment below with your suggestions on what’s your plan to earn with social media sites.