Social media and building a platform is something you’re going to do anyway so why not try and make a little bit of a side income from it?
You might think of YouTube as a social media platform, you might not. It could have its own entire section, but for the purposes of this article, it’s going to sit right here. You know where to send your hate mail if you have it.
There are a few different ways you can make money from YouTube, both in-front and away from the camera.
For example, Swagbucks will pay you to watch specific videos or take certain actions on YouTube (among other things covered later in this article). You can earn up to $40 a month from just watching YouTube videos.
It’s not much, but it’s money. Or, you can:
- Become a YouTube Partner
- Optimize Your Channel For Monetisation
YouTubers who do it properly make hundreds, if not thousands, of dollars a month doing it. And that’s without even looking at the big earners on YouTube.
How Much Can You Earn?
The real money in YouTube – those big earners I just spoke about – is in endorsements, advertising and promotions. But, it’s still possible to make $100-$200 a month from YouTube by just making videos and putting them online.
You’re going to need a lot of views to get that through advertising and CPC. However, the best way for you to make more money in the short term is through affiliate marketing, like John Chow recommends here.
Twitter is by no means going to make you a millionaire. But, a couple of bucks here and there soon mounts up. And you need to become a ‘sponsored tweeter.’
You can make up to $50 per tweet if you have a big follower base, and $5-$10 for tweets on a smaller follower base. Which isn’t bad for 140 characters worth of work, right?
In fact, right at their conception, Zac Johnson managed to generate over $1400 from running two sponsored tweet campaigns. And celebrities have been known to make $10,000 for them.
Which means if you have a following, or can build one, you could make a nice little side earner from this.
You can sign up to these programs at:
3.3: Instagram Advertising
It’s no secret that people advertise on Instagram. In fact, they’re pretty freaking obvious about it. If you’ve ever followed a celebrity, model or athlete, you will have seen a sponsored update like this at some point:
But the beauty is you can cash in on it too. You just need to build yourself a following in a specific niche and leave your contact details in your bio.
Pick a niche or topic, run with it, gain followers and look for opportunities. I have a friend (who prefers to remain anonymous) in the Male Fashion niche who makes up to $1,500 per advert.
So if you you build up enough of a following, you can replace any day job income with it.
IZEA isn’t another obscure social media site; instead it’s a way to connect people with large followings – social media, and occasionally blog and YouTube ones – with big brands who are looking to promote themselves.
According to Money Savvy Momma, the way it works is that you sign up the site, and you ‘bid’ on the ability to share an update based on the criteria of your audience.
Basically, if someone is looking for 30-45 year olds who are into sports cars, and your following fits that, you can bid on it. The winner of the bid gets to tweet and gets paid for it.
It doesn’t seem that there is a lot of money to be made here, but there have been tweets that have gone for $50+, so if you build enough of a following you’ll be able to earn more money.