In addition to monetizing their influence and social networks, influencers can monetize their personal skills, whether it be photography, copywriting, creative direction, strategic consulting, styling or content creation. Influencers are typically business-savvy creatives who have used their skills to create a personal brand that ultimately drives revenue. So, brands often work with influencers by hiring them as freelancers. After all, influencers are professional content creators.
Overuse of social media has been likened to addiction and contributes to inattentiveness, stress and jealousy. Heavy social media use has been linked to depression. Social media as a conduit for misleading information and falsehoods has been well documented, such as in the 2016 U.S. presidential election. Such a phenomenon leverages the power of social media, allowing anyone to reach an audience of millions with content that lacks oversight or fact checking.
Founded more than a decade ago (November 2004), Digg is a news aggregator with a curated front page that selects stories specifically for the Internet audience, The topics vary widely from trending political issues to science to viral Internet issues and anything in between. Digg supports sharing of content to other social media platforms such as Facebook and Twitter. In 2015, the company claimed that it had about 11 million active monthly users.
Facebook jumped by 100 million monthly active users from 2.13 billion in December 2017 to 2.23 billion as of June 30, 2018. The rate of growth seems to continue at 15 million active users per month. So, by the end of the year we should see 2.35 billion Facebook monthly active users. Here’s the post where Zuckerberg announced the news about reaching the 2 billion milestone:
On April 10, 2018, in a hearing held in response to revelations of data harvesting by Cambridge Analytica, Mark Zuckerberg, the Facebook chief executive, faced questions from senators on a variety of issues, from privacy to the company’s business model and the company's mishandling of data. This was Mr. Zuckerberg’s first appearance before Congress, prompted by the revelation that Cambridge Analytica, a political consulting firm linked to the Trump campaign, harvested the data of an estimated 87 million Facebook users to psychologically profile voters during the 2016 election. Zuckerburg was pressed to account for how third-party partners could take data without users’ knowledge. Lawmakers grilled the 33-year-old executive on the proliferation of so-called fake news on Facebook, Russian interference during the 2016 presidential election and censorship of conservative media.
A unique way to create revenue in collaboration with a brand is to co-create a physical product, collection or range. We see this type of influencer monetization across every niche, from fashion capsule collections and co-branded beauty products to food, fitness, travel and health products. A great example of this is makeup artist and beauty YouTuber Jaclyn Hill’s collaboration with cosmetics brand Becca.
Develop a unique voice and presence: Millions of people over the world have social media accounts. It's important to make yours stand out from the crowd by offering a unique voice, perspective or persona. Maybe you want to establish a comedy sketch channel on YouTube for example, or a Facebook page that promotes your custom-made jewelry. In any case, be sure to make your services different from the competition.
Social media is a computer-based technology that facilitates the sharing of ideas and information and the building of virtual networks and communities. By design, social media is internet based and offers users easy electronic communication of personal information and other content, such as videos and photos. Users engage with social media via computer, tablet or smartphone via web-based software or web application, often utilizing it for messaging.
For brands, it’s a good way to objectively measure how much influence an influencer actually has, and for influencers it’s great to earn an income from the brands and products you generally love, support and naturally endorse. Affiliate marketing generally won’t be an influencer’s only source to income, as it is not reliable or steady, however, it is a good way to earn incremental revenue.
Ether is an interesting way to make money on Facebook. This website will allow you to add an app to Facebook and you can then give advice to people over the phone. If you’re good at giving advice, you can make some money. While this probably isn’t everyone’s cup of tea, if you’re into music, check out MusicBlaster. You can create a music store right on Facebook and then sell music from BlastMyMusic. For every song sold, you make 5%.
Getty Images Spotted: Hilarious actress and social media maven Blake Lively expertly referencing her CW roots on Instagram. — Kayleigh Roberts, Marie Claire, "Blake Lively Just Pulled a Total 'Gossip Girl' in Her Latest Instagram Post," 9 Dec. 2018 From Christmas cards and cookie decorating to matching pajamas and tree trimming, there are so many moments to share on social media. — Kelly O'sullivan, Country Living, "70+ Christmas Captions for Every Holiday Picture You Post on Instagram," 7 Dec. 2018 Red-carpet dressing is just one aspect of how Carolina Herrera now communicates with potential customers—social media presence is also growing as e-commerce becomes more important. — Chloe Malle, WSJ, "How Designer Wes Gordon is Reimagining Carolina Herrera for the Next Generation," 6 Dec. 2018 The complaint provided a clear picture that there is still a hidden but powerful Russian social media effort aimed at spreading distrust for American political candidates and causing divisions on social issues such as immigration and gun control. — Michael Balsamo, The Seattle Times, "House GOP campaign arm targeted by ‘unknown entity’ in 2018," 4 Dec. 2018 Stay informed Follow anti-hunger advocacy organizations, such as @APATTusa and @mazonusa, on social media. — Sandy M. Fernandez, Woman's Day, "How Three Women Are Pioneering to End Hunger in the U.S.," 14 Nov. 2018 The brand is spreading the artist's mantra with an #ArtIsForEverbody social media campaign. — Lauren Alexis Fisher, Harper's BAZAAR, "Alice + Olivia Turned Keith Haring’s Iconic ‘80s Art Into a Wearable Collection," 7 Nov. 2018 Police departments are already scanning crowds and protests to find and arrest people with outstanding warrants by cross referencing footage with social media profiles. — Diana Budds, Curbed, "Facial recognition is becoming one of the 21st century’s biggest public space issues," 19 Oct. 2018 Since breaking onto the pop culture scene in 2013, model Emily Ratajkowski has made a name for herself as a proud feminist, social media superstar, and actor, racking up film credits in films like Gone Girl and I Feel Pretty. — Hannah Morrill, Allure, "Emily Ratajkowski's Best Beauty Looks of All Time," 11 Oct. 2018
Observers have noted a range of positive and negative impacts of social media use. Social media can help to improve an individual's sense of connectedness with real or online communities, and can be an effective communication (or marketing) tool for corporations, entrepreneurs, nonprofit organizations, advocacy groups, political parties, and governments. At the same time, concerns have been raised about possible links between heavy social media use and depression, and even the issues of cyberbullying, online harassment and "trolling". Currently, about half of young adults have been cyberbullied, and of those, 20% said that they have been cyberbullied regularly. Another survey in the U.S. applied the Precaution Process Adoption Model to cyberbullying on Facebook among 7th grade students. According to this study, 69% of 7th grade students claim to have experienced cyberbullying, and they also said that it was worse than face-to-face bullying. Both the bully and the victim are negatively affected, and the intensity, duration, and frequency of bullying are the three aspects that increase the negative effects on both of them.