With the advent of social media, content creation picked an incredible pace, and before time could tell, many social media platforms were already buzzing with lucrative offers. It is quite obvious that social media initially started out as platforms for connecting people.
However, many of us soon figured out ways to leverage those connections. Businesses and corporate ventures themselves were also quick to jump on the bandwagon, and today we see a flurry of ads and sponsored posts running on almost every social media platform on the planet.
According to a recent study by Sprout Social, there are over 3.6 billion people who use social media and the number is only projected to increase and reach 4.41 billion by 2025.
Furthermore, internet users spend an average of 144 minutes on social media per day, with Facebook as reigning king and reporting over 2.7 billion monthly active users as of Q3 2020. On the other hand, Instagram enjoys 1 billion monthly active users and 500 million using Instagram Stories.
In light of this information, let’s take a quick look at some of the best social networking sites that can help you make money without making any capital-intensive investments.
· Airbnb
Airbnb was founded in August 2008 by Brian Chesky. Today it serves as a peer-to-peer economy business model where the platform is able to connect travelers seeking affordable lodgings with hosts who offer their properties as short-term rentals. Renters are charged a nonrefundable service fee of under 14.2% based on the listing.
- Airbnb has listings in more than 220 countries and regions, with people staying an average of 2.4 times longer in Airbnbs than at hotels. The name Airbnb originally referred to air, bed, and breakfast. By 2018, it was reported that over 150 million people used Airbnb.
· Amazon Affiliate Program
Amazon has grown and expanded massively over the years, and no wonder Mr Jeffrey Preston Bezos enjoys the view while being at the top of the food chain. Amazon is more than just simply an online shopping store. It is truly one of the biggest giants out there in the world of tech and commerce.
This is why joining the Amazon Affiliate Marketing program makes all the more sense. Amazon is currently valued at over $1.7 trillion and dealing with over 350 million products.
The Amazon Associates Program is one of the largest affiliate programs in the world. The idea behind it all is simple, recommend products and start earning commissions.
· Copywriting & Editing Services
Copywriting and editing services are in demand. With more than 7.9 million online retailers and around 64% of small businesses running their websites, the need for content creation for the sake of selling and SEO (search engine optimization) is undying.
Hence if you have commendable skills to research and produce well written and directed content, then a range of social networking sites can offer you the platform to stay mobile and earn a decent living at the same time.
From Facebook, Instagram, and LinkedIn, to several freelancing platforms can give you a break you are looking for to maintain a reasonable quality of life.
· Facebook Opportunities Galore
As mentioned earlier, Facebook is the granddaddy of social media sites, and there is simply no doubt that you can get started right now. You can explore numerous opportunities, including becoming a social media influencer or even selling stuff through the Facebook marketplace.
In fact, Facebook itself offers you a dedicated page through which they teach you to monetize your presence on Facebook.
This can include in-stream ads, start with pad subscriptions, collaborate with brands, and even paid membership groups. Facebook also offers you a Creator Studio that has everything you need to start managing your content.
· Running a YouTube Channel
People love to watch videos, and this has given rise to the binge-watching culture inside us all. YouTube is a great platform for creators, and running a successful channel has got its own perks. Again there are numerous options available to you.
You can use your YouTube channel to brand yourself as a brand and become a well-known social media personality. While this may take considerable effort, however, if you are passionate and consistent, the rewards are all yours.
Plus, YouTube also pays you on the number of views you generate for your content. For 1000 views, you can earn, on average, $7.60 as a YouTube content creator. Look into the YouTube Partner Program for further assistance.
Young learners who opt for an essay writing service might also want to try their luck on running their own YouTube channel.
· SoundCloud for Emerging Music Artists
If you are a budding musical artist who wants to hit it big, then starting with SoundCloud isn’t a bad option. The platform offers you monetization for the content that you produce. Through monetization, you can earn money which you can receive through PayPal account.
Your balance is updated at the end of each month, and payments are auto-deposited once your earnings exceed the $100 mark. Pupils who want to buy coursework UK might also consider this an opportunity to earn extra cash to pay off their expenses.
· Tumblr & Instagram for Selling Art
Tumblr and Instagram are great for sharing visual content, which is why you should consider sharing your artwork there. Once you start to gather a crowd following your artistic style, then you might consider selling your art online as prints on Big Cartel, Etsy, or any other platform of your own choice.
· Twitter for Your Blog & Sponsored Tweets
So the little blue bird spoke to me the other day, and it constantly chirped, telling me how you can use sponsored tweets to earn money. With Twitter, you can go about doing self-promotion, including your blog, website, or online store. All it takes is a TinyURL link that you can add to your post. So if you plan on becoming an affiliate marketer yourself, this can be a great idea.
It is quite alluring that with all this talk about money and how to get rich most of us forget that it is networking that gets you there alone. So no matter whichever social media platform you decide to pursue, make sure the essence of networking and its importance stays with you at all times.
Conclusion
There are several other ways to earn money on social networking sites, but as you can already observe where capital is not required, your passion and interest are mandatory. These days deeply intrigued creators of content pertaining to arts, entertainment, and various other industries are easy to find.
Plus, with almost every other person choosing to become a social media personality, the market for influencers has grown tremendously over the years.
However, if you think I left out on some viable options that should have made it to this list, do care to mention them in your comments to this post. Cheers, and all the best for your future endeavors!
Author Bio
Melissa Calvert currently works as a devoted Lifestyle Counselor at Crowd Writer and Master Thesis. This is where higher education students can acquire dissertation editing services from experts specializing in their field of study. She likes to indulge herself in pop-culture during her free time, including anime, movies, music, and video games.