Social media platforms offer plenty of opportunities to make money online.

Copyblogger contributor Megan Mahoney has published an article featuring seven ways to make money on social media.

She says, “It’s not hard to make money on social media if you pick the right niche and use the right systems to build a strong relationship with a high-value audience.

Therefore, if you want to make money on social media, it comes down to these factors:

  • Select a niche in which you’re an expert: It’s much easier to post helpful content consistently if you’re already an expert on a specific topic, as you won’t have to do much research to create the content. For example, if you already have 10 years of experience as a personal trainer, you can probably create a lot of content around the topic of personal training.
  • Select a niche that has a high-value audience: If your audience is a group of successful entrepreneurs or executives, you’ll have a lot more monetization opportunities than if your audience is a group of knitting enthusiasts.
  • Your social media strategy: If you have the right systems and processes to consistently create content that’s helpful to your audience, you’ll build a following faster and be able to monetize sooner.”

How To Make (Substantial) Money On Social Media 

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