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In this day and age, making money on social media has become a norm. Brand deals, sponsored posts, and product reviews are the most common ways for influencers to make money. (Click here to check out our article on how to be a full-time influencer for more information.) However, one shouldn’t put themselves in a box as there are endless ways influencers can make money from social media, you just have to get creative and think of something different outside of the box. Luckily for you, we’ve done some of the thinking on your behalf and put together a list of out-of-the-box ways you can monetize your social media following in 2023.
Host Paid Webinars Or Workshops
Host paid webinars or workshops, for your audience, sharing your expertise on a particular topic. Your webinar/workshop can be virtual or physical, This can be a great way to earn money while providing value to your followers.
Offer Sponsored Content Packages
Instead of just offering individual sponsored posts, consider creating sponsored content packages that include a combination of posts, stories, and other types of content.
Create a Patreon Account
Patreon is a platform that allows creators to earn money from their audience through monthly subscriptions. You can offer exclusive content, behind-the-scenes access, and other perks to your Patreon subscribers. The best part is, you can create subscription packages and tiers at different price points, that way you’ll have something for everybody.
Sell Access To a Private Group
Consider creating a private group on Facebook or another social media platform and selling access to your followers. You can offer exclusive content, Q&A sessions, and other perks to members of the group.
Offer a Personalized video Message service
Use a platform like Cameo, Memo, or HalaHi if you are in the Middle East, to offer personalized video messages to your followers. You can charge for your time and offer customized messages for birthdays, anniversaries, and other occasions.
Create and Sell a Social Media Management Tool
If you have experience in social media management, consider developing and selling a tool that helps businesses and influencers manage their social media presence. This can be a valuable tool that generates significant revenue.
Offer a Subscription Box Service
Curate a subscription box service featuring your favorite products or those of your sponsors. You can offer a monthly or quarterly box to your followers, charging for the cost of the products and shipping.
Sell Physical Products
If you have a product or merchandise line that aligns with your brand, consider selling it to your social media following. This can be a great way to earn money while promoting your products.
Offer a Social Media Audit
If you have expertise in social media marketing, offer a social media audit service to businesses and individuals looking to improve their online presence. You can charge for your time and expertise. You can promote this service directly to your followers, as you probably have many people who look up to you and would like to improve their social media presence.
Sell Digital Products
Create and sell digital products such as ebooks, courses, and templates to your audience. This can be a great way to generate passive income from your social media following.
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