Different Ways to Generate Income on Social Media

The power of mass media cannot be undermined. The one who has control over the media has control over society. Businesses favored by media do well with sales, that's because these media always publish positive news about these businesses. Therefore, as a businessman/woman you need to utilize the media for your benefit.

Social Media Monetization

Are you a tiktoker or a youtuber with a huge following? Do you have an Instagram or Facebook page with a huge number of followers? Do you want to make money as an influencer but haven’t got any sponsorship and brand deals? Here is a simple solution.

If you are an influencer interested in monetizing your content, go to InstaJet (instajet.io), which is an influencer platform for Instagram. This platform is used by businesses to advertise on Instagram. Therefore, if you are an Instagram influencer, you can find brand deals.

Other useful platforms are:

Popular Pays (popularpays.com)

Tribe (tribegroup.co)

NeoReach (neoreach.com)

Upfluence (upfluence.com)

#Paid (hashtagpaid.com)

RewardStyle (rewardstyle.com)

JellySmack (jellysmack.com)

Influence (influence.co)

These are some of the best marketplaces for brands to find influencers, and for influencers to find brand deals. By using these platforms as an influencer, you will find sponsorship and opportunity to make money from your content and social media page. You can make a lot of money by becoming social media influencer. As an influecer, you can make money in multiple ways, for example page monetization, brand deals, sponsorships, selling your own merch, affiliate marketing, dropshiping, print-on-demand, etc. You can even earn from your short videos. You need to spend a lot of time to become an influencer.

Selling Social Media Accounts

You can of course make money by selling social media accounts, I have seen a lot of people selling social media accounts. I have even seen google ads advertising social media accounts for sale. However, this is entirely against the terms of social media. Therefore, the person who buys social media accounts will always have a risk of losing his or her purchased social media account. However, as a seller there is no harm in trying to use this method. However, you need a lot of followers to sell accounts

I have never checked TikTok terms of use, however, I don't think Selling Accounts is allowed on TikTok. I am saying this based on my knowledge that selling accounts are prohibited on numerous social media sites. You can't sell your youtube channel. Having said that I also believe that this can be one of the interesting ways to make money from TikTok. If you have managed to build a huge following, you might make some pretty cool cash by selling your account. Once you sell your account, you can start with another account and build it huge so that you can sell it again. I am sure there is a market for this kind of activity. For common people, the best way to earn from Tiktok is by receiving gifts during live streaming. You need just 2k followers to eligible for live streaming. If you are a good content creator, people will surely gift you. If you have at least 10k followers, you can enable a gift option on your all videos, this will allow you to make additional money from your tiktok videos. Affiliate marketing is another great option to make money. You can make product videos and share an affiliate link on the bio

The word selling accounts might be very disturbing, therefore, I would like to use the better term “transfer of ownership.” While selling a personal account and page might not sound very good, you can transfer your social media pages and accounts if you have used this for business purposes. You cannot sell social media accounts but you can transfer social media accounts. Transferring means changing ownership (you can receive a cash incentive for doing this). Imagine I create a facebook page, I build tons of followers on my facebook page, and my posts on Facebook get good engagement (likes, comments, shares). I can transfer this page to another person and get money for it. Transferring ownership of pages and groups is perfectly ok on facebook. The same applies to other social pages. However, the transfer process can be very tricky as social media sites might be suspicious when the accounts get accessed from a new device and location (which have not been used previously)

How to Start a Business on Facebook Marketplace

Do you want to start a business but you do not have money to buy or create products to sell? You want to start an online business but do not have money to set up an online store? Well, in that case the best solution is selling through Facebook Marketplace. It is a free ecommerce platforms from tech giant Meta. You can start selling used items, items that you do not use, you can also acquire old items form your friends and family to sell them on Facebook Marketplace. You can promote to your facebook friends and generate sales. With minimal marketing efforts, you can start generating sales.

Making Money on Instagram

Even though most social media platforms offer money making opportunities, the best one is Instagram.  Instagram is the best because it is rapidly expanding and it offers multiple methods to earn money. From selling products to influencer marketing, you can do a lot of things to make money. Instagram even allows you to create an online store where you can list your products for free and sell. However, your success basically likes on your ability to build a substantial follower base. If you want to actually benefit form Instagram, you need thousands, or even hundreds of thousands. Without a sizable follower base, making money on Instagram is almost impossible.

There are numerous ways to make money on Instagram. The most common way to make money on Instagram is through influencer marketing. You endorse products and services for companies and individuals and earn money for your endorsement. The second common ways to make money on Instagram is by selling your own products and services. You can do this in two ways one, you sell directly from your page, and two, you set up a shop on Instagram and sell through your shop. The third common way to earn from Instagram is through videos. When you publish Instagram Reels, you will have a share of 1 billion USD in funds for short videos.The first and second method requires you to have a huge following before you can make money and the third money requires you to have tons of views on your videos. In to build views on your videos, you also need a lot of followers.

How to Make Money as a TikTok Influencer

TikTok is one of the fastest growing social media platforms, despite a lot of backlash in many countries and even being banned in some countries, Tiktok happens to be one of the most popular social media platforms for young people. Unlike Instagram where it is quite difficult to grow for average Joe, Tiktok is gives equal opportunity for all people. Therefore, it is easy to become influencer on Tiktok compared to other platforms. As an influencer, you can earn significant amount through product sales, brand deals, promotion and sponsorships. But you still need a huge followers. If you do not have a lot of followers, you can still generate income through the gifts received during live streams.

Which is the Best Social Site for Monetization?

I think Facebook and Instagram are the best social sites for making money. You can earn money in many ways on these platforms. On TikTok, you can make money from short or longer videos, but monetization isn't available everywhere. YouTube has more earning methods than TikTok. But on Facebook and Instagram, you can not only make money from videos but also sell items directly. You can promote other people's products on TikTok and YouTube, but you can't set up your own shop. Facebook offers better money-making opportunities than Instagram, and it's easier to build followers on Facebook. Have you tried any social media for making money?