8 Ways to Make Money on Social Media

by priyanka roshan | june 14, 2024

Influencer Marketing

[{"selector":"#anim-c44b907b-cd9a-477e-9291-da135ec72348","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39500e75-58fd-4437-980c-9d97333fa5cd","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Build a niche following and collaborate with brands for sponsored posts, shoutouts, or reviews. (Image: Canva)

content creation

[{"selector":"#anim-ae3ea750-a104-498e-a457-73176d49ff32","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4a4c1559-5d9a-4546-bd8d-2b2d39c63c0e","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Create engaging content on platforms like YouTube or Instagram to earn ad revenue, sponsorships., and more. (Image: Canva)

affiliate marketing

[{"selector":"#anim-91475e0b-ac80-4e92-83cf-e1cee0b51537","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75c396c8-dfde-4c91-ad2e-a32755f923c0","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Share affiliate links in your posts, videos, or stories to earn commissions on sales. (Image: Canva)

sell products or services

[{"selector":"#anim-55c953e5-276a-442c-8231-090e66e9acb9","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b40d8f0-d8f5-407b-b089-1558f340ce0d","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] From handmade crafts to digital products, sell your own products or services. (Image: Canva)

freelance services

[{"selector":"#anim-f574fbfc-58f1-4575-8d99-b3f5502b2ab8","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59466d92-1dd9-45e3-b2b1-5ba6f2558502","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Offer skills like writing or graphic design to businesses or individuals. (Image: Canva)

crowdfunding

[{"selector":"#anim-eb869207-98ac-4d38-b50a-eaec28892be4","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9aede822-ca20-448d-b9bd-bb40d8487f66","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Use platforms like Patreon or Kickstarter to fund creative projects or business ideas, offering exclusive content. (Image: Canva)

paid events or workshops

[{"selector":"#anim-5a2eb41d-b5cc-4786-b726-793ca165161c","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-603a98fe-a958-4d1e-928a-14eee8d95383","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Host webinars, workshops, or events and promote them through social media. (Image: Canva)

social media management

[{"selector":"#anim-c4a02259-4273-41f4-99dc-cbe5ccc9e3f6","keyframes":{"opacity":[0,1]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9290da08-b046-42f7-a34d-8f21abcbf2ba","keyframes":{"transform":["translate3d(1456.00020%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Help businesses manage their social media by creating content & engaging with followers. (Image: Canva)