If you are a content creator, you will go where the money flows. As an influencer, you have the power to form your audiences’ decisions in terms of the products and services they use. But this doesn’t come easy. Whether you already have millions of followers or are in the initial phase, you will require tricks to make money on famous social media platforms such as Instagram, Facebook, TikTok, and other mediums.
Without further ado, let’s take the plunge and explore how influencers can make money on social media and take advantage of monetisation.
1. Share Sponsored Posts
With over 3.7 million brand-sponsored influencer posts on Instagram, this tactic is followed by all popular influencers. These sponsored posts are projected to grow up to 5 million in the upcoming years as predicted by research. These posts can be anything – from a single post to a series of posts to stories. If you also want to jump the bandwagon, know that companies assign the creation of posts to such influencers. They feature the product or service engagingly and creatively.
While there are Instagram posts that increase by 30% each year, influencers must keep in mind that a marketing campaign using such sponsored posts can be one of the best ways to make money in the long run. However, the result completely depends on the brand and the influencer’s aesthetics. Of course, your audience wouldn’t like it if you sit casually and promote the brand. Plan for it creatively and in a way that it persuades your audience.
2. Promote Your Products Using Branded Merchandise
It is a unique way of creating branded products and selling them online to generate awareness among people. With the surge of influencers and content creators in the recent decade, merch (shortened form of merchandise) has taken a whole new form. Initially, it was known as influencer marketing where influencers created and sold audience-specific products.
After the massive success of this tactic, now influencers are promoting pop sockets, sweatshirts and much more, to generate revenue and connect with the audiences. Not long ago, but even brands have now seen much potential in the influencers and they reach out to them and have started capitalising on merch, too.
3. Become an Affiliate Marketer
According to Finstack, the affiliate marketing industry grew from a simple idea to a $12 billion industry. Now, over 80% of the brands use affiliate marketing to boost their sales. Since the industry has taken over the social media platforms too, there are 67.32% of the affiliate marketing users on Instagram, Facebook, TikTok, and other social mediums that connect with customers and are making income. Being one of the best ways to generate awareness for a specific product, influencers get paid between $20,000 to $150,000 each year. Need we say more?
Affiliate marketing has a simple business model. Every time a visitor goes to a company’s site using the link from the content of the respective affiliate influencer, they get a reward. Generally, it is a great way for influencers to raise brand awareness for a specific product or service and get paid in the long haul.
4. Set up a Subscription Account with Fanvue
Another best way to start making money on social media platforms is by attracting to your followers. To do so, simply set up a Fanvue account and share it with your followers. Using this exceptional content creation platform, you can offer unlimited experiences to fans that are willing to pay a small fee.
An emerging content creation platform that assists influencers in thriving. With zero compilations and censorship, Fanvue is a fully optimised platform to support creators across every genre and assist them in building authentic and long-lasting connections between them and their fans.
The platform offers similar services like OnlyFans and AVN Stars but is considered as one of the best emerging alternatives, providing 85% of the revenue to the content creators. Yes, you read that right, sign up this January and take over 80% of revenue for 12 months.
The process to sign up is very simple and quick. Users can sign up via any platform – Twitter or Google mail or create a new one by including the below-mentioned details.
- Email address
- Password
- Checking the terms and conditions and privacy policy box
Start to make money up to 85% of your earnings for 1 year 💰
Broadly speaking, all fan subscription platforms usually let you earn money in a standard manner. However, when you sign up as a creator, you will be able to build a private space where you’d photos and video content. This way, users can then subscribe to you at a set price i.e. $10 each month, they will then be able to see your updates, essentially in a way that’s like paying to view your social media feed. As they’d gain access to your existing content and see your posts based on your activity, you will get rewards.
You can keep that subscription fee that you’ve charged with a cut of the money that goes to the platform to cover their costs. And that’s not it, with the tips that users choose to pay you, you can earn a little extra. These tips are a big part of your earning because users want to impress you and want to show you how much they like you as a fan.
Another best feature that OnlyFans doesn’t have is the ability to sell individual clips. Users will have to watch these videos whether or not they are a subscriber, and once they’ve paid the fee, they can watch them as many times as they want to. However, the videos must be unique to convince the subscribers to pay you extra.
Additionally, the payout frequency of Fanvue is even better than OnlyFan i.e. 7-day period where your funds will be pending, which will be released to you later. However, the minimum payout will be the same $20 that will take just a few minutes once you’ve requested, unlike other content creator platforms.
So, as you see, Fanvue has several benefits.
If you are an enthusiastic influencer, follow the tips above and consider no other platform than Fanvue, which is clearly a winner, having a multitude of features with profitable income streams. Sign up to Fanvue account today and don’t miss out on the special offers!