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5 Proven Ways to Make Money on Social Media (No Product Needed)

Snapchat, Facebook, Instagram, Twitter. You are probably in all of them. Why not monetize and make money? ►►Subscribe here to learn more of my secret SEO tips:

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I’m Neil Patel, and today I’m going to share with you five ways you can monetize your social media audience without a product. Make a fortune on social media n. # 1: Promote someone else’s product. Whether it comes from affiliate rake, or they are paying you a specific cost for promotion, or whatever, why not promote someone else’s product? For example, I have a huge following on social media, or at least I think it’s a decent size, for anything related to marketing. So if I go out and say hey you should use Ahrefs or BuzzSumo or SEMrush. I have mentioned all those tools so many times in my videos. Most of these guys already have affiliate programs at the bottom of their website. All you have to do is sign up and use that link every time you talk about them on the social web. This is what’s cool. You can even go to sites like Amazon, Best Buy. They all have offers and affiliate pages. Make a fortune on social media n. # 2: Partner with someone who has a product but no audience. Make a fortune on social media n. # 3: place ads on your videos. If you’re on social media, create videos and post them on sites like YouTube. They will automatically put you ads if you want to monetize them. Yes, you are not going to be the richest person, but you can easily earn two or three thousand dollars a month. It might not sound like much, but it could give you enough flexibility and freedom so that you don’t have to work for someone else. It is amazing and amazing. Money is not everything in this world. Earning enough to be happy and have that financial freedom, in many cases, is better than earning 10, 20, 50, 100,000 dollars a month. So don’t always aim for the most money, also aim for financial freedom. And just by putting ads on your videos, or if you have a WordPress site, you can allow them to monetize and you can allow them to make money for you by promoting those articles through social media. It’s an amazing way to end up making free money or little money or easy money from ads. Make a fortune on social media n. 4: influencer marketing. And it’s not the same influencer marketing that I talked about makes some strategies. Why don’t you go and say, hey, you sell teeth whitening? I will pay per post to promote you on Instagram. Oh your Fit Tea, yes I’ll talk about Fit Tea. I am a celebrity or a fitness instagram page, and I can break out and take pictures of how I am using Fit Tea to get fitter and build these muscles. Make a fortune on social media n. 5: premium content. This is what I mean by this. On Instagram, you see many of these models taking photos of themselves. And then they use something called Patreon where they say, hey, you can subscribe on Patreon, give me money every month and I’ll show you premium content. You can do the same. The additional advice for you is that you do not need a product to generate income. You could go find someone else’s product, label it blank, in essence you are creating your own business. They can send it for you. And they will make a deal where every time you sell a product, you send them the information, they send it and you give them the money and you keep the difference. I hope these tips help you monetize your social profile. It is not so difficult. You have to put in the time and effort and be patient, keep adjusting. One model may be better for you than the other. But you won’t know unless you try them all. So give them a try. Think of it like spaghetti, throw it against the wall, see what works and it sticks, and then get on with it. Thanks for watching. Make sure you like, share, comment. If you have any questions, not sure how to monetize your social profile, please leave a comment. I will answer it and give you some advice. Thanks. .

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29 COMMENTS

  1. Can we add ads in our vidoes in other social media platforms like facebook or instagram like youtube ? If so which is the highest paying social media ? Which one do you think would be the best to start up with ??

  2. I have a decent following and that too with a particular niche, Now the problem is how to find advertisers who want to work with me

    How can i find them and approach to it, is any talent agency working for this?

  3. You're in did a great man to be called, I assured you that'| bring friends to come invest with you because of the excellent work you did for me. I'll keep on sharing the good news about you @Charles_forex09 at IG.

  4. Hello Neil, do you have any advice for a South African citizen who has a brand but no idea how to monetize it without seeming cheap and nasty. It is a rather interesting and exciting Brand that although has a small following has potential, I am justing missing a couple of keys to unlock its potential. Would love to discuss it further.

  5. Sir if do not have any product or course to sell? And don't want to affiliated marketing with social media , without that can we earn money by making Facebook page and Instagram account on that subject which is helpful to others.

  6. Hey Neil,
    I wanna know what I can do or study further for my career growth and to make 6 figure salary, as I have done digital marketing and currently I am working as an seo executive…

    Please let me know because I am looking for ideas and options….

  7. Hey Neil … I have a question .. if you're working toward that first thousand subscribers and you've created and are testing out several other channel ideas. Does it hurt you the way youtube looks at it? Will the channels that don't work drag you down. Thanks . Love your videos

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