If you’re a social media influencer and want to start monetizing your influence, here are 9 ways you can start building a revenue from your work. Like any other creative, you should be compensated for your work, especially when it benefits someone else, so employ a range of these strategies to build multiple revenue streams and create your dream job as an influencer. 
Reddit is a social news website and forum where stories are socially curated and promoted by site members. The site is composed of hundreds of sub-communities, known as "subreddits." Each subreddit has a specific topic such as technology, politics or music. Reddit site members, also known as, "redditors," submit content which is then voted upon by other members. The goal is to send well-regarded stories to the top of the site's main thread page.
Keep in mind that neither your customers' experience nor your brand starts with Twitter, Facebook, or your blog. Social media should take your existing brand and solidify it, galvanize it, and bolster it. Your efforts in social media should be an extension of everything else you do in all departments of your company. Capturing your company's voice and sharing it with the world through social media will open up unique opportunities in all other channels of inbound marketing, including SEO, branding, public relations, sales, and more.
Physical products, on the other hand, require larger capital in the development stage and one should go for them only once you have validated the product idea and have sufficient capital to invest in its development. That said, physical products like designer jewelry, crafts, and other home/living products are relatively easier to develop and sell online (for such product categories you can visit Etsy.com).
Priit is the founder and CEO of DreamGrow Digital, an internet marketing and social media company. With his 20+ years internet marketing experience he is Helping companies to understand and use the digital marketing to reach their target audiences. He's also writing on a personal growth website Fixwillpower.com. He has spoken at hundreds of seminars and conferences on different aspects of internet marketing. Priit is also the organizer of Digital Elite Camp, a leading traffic and conversion event.

Thanks Paula for commenting. I sometimes feel the same about Facebook, although I still think that it’s a great tool to have, especially in my area of work ( affiliate marketing ). I get your point that there is no real alternative to Facebook, but what the other networks don’t want to do is become a Facebook. They want to offer something different which is how they can make in-roads on the Facebook monster.
Pinterest is a social curation website for sharing and categorizing images found online. Pinterest requires brief descriptions but the main focus of the site is visual. Clicking on an image will take you to the original source, so, for example, if you click on a picture of a pair of shoes, you might be taken to a site where you can purchase them. An image of blueberry pancakes might take you to the recipe; a picture of a whimsical birdhouse might take you to the instructions.
Hi Maina, I have checked the social sites recommended by you. May be itis important to update on your article that Delicious no longer accepts bookmarks as it is now bought by Pinboard. Most of these social sites are being bought off and may discontinue their programs. May be you can even dedicate a new post for that. Otherwise, great piece of work there.
Flickr, pronounced “Flicker,” is an online image and video hosting platform that was created by the then Vancouver-based Ludicorp on February 10, 2004, and later acquired by Yahoo in 2005. The platform is popular with users who share and embed photographs.  As of October last year, Flickr had more than 112 million users and had its footprint in more than 63 countries. An average of a million photos are shared daily on Flickr.
Isabelle, an 18-year-old student from Bedfordshire who doesn’t want to disclose her surname, turned against social media when her classmates became zombified. “Everyone switched off from conversation. It became: ‘Can I have your number to text you?’ Something got lost in terms of speaking face to face. And I thought: ‘I don’t really want to be swept up in that.’” For 15-year-old Emily Sharp, from Staines in Surrey, watching bullying online was the final straw. “It wasn’t nice. That deterred me from using it.”
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

Increasingly, social networks are tweaking their algorithms to favor content that remains on their site, rather than send users to an outside source. This spells trouble for those trying to drive traffic and visitors to external pages, but what's an SEO or content marketer to do? This edition of Whiteboard Friday goes into detail on the pros and cons of each approach, then gives Rand's recommendations on how to balance your efforts going forward.
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This is probably the most direct way to make money off social media. You utilize your (hopefully sizable) list of followers by selling to companies the rights to promote their products or services as a post on your social media account. Check out this site to learn more. The chances of making a lot of money this way is high if your number of followers is in the six figures, but rather low if you have less than a thousand followers.
Social media itself is a catch-all term for sites that may provide radically different social actions. For instance, Twitter is a social site designed to let people share short messages or “updates” with others. Facebook, in contrast is a full-blown social networking site that allows for sharing updates, photos, joining events and a variety of other activities.
But quitting social media can create new anxieties. “Our research shows that the biggest fear of quitting or pausing social media is missing out,” Bielby says. Some are more sanguine than others. “Do I miss out on stuff?” Morgan asks. “Yeah, of course. People find it hard to keep in contact with me. They say: ‘It would be easier if you had this or that.’ But I don’t think it’s that hard to type in my number and send a text. You’re just not willing to do it.”
Welcome to The Beginner's Guide to Social Media! Whether you're new to social media or just looking to close a few knowledge gaps, we're glad you stopped by. By now, we've all heard how valuable—even essential—social media can be. Whether your current sentiment leans more toward enthusiasm or trepidation, there's no way around the fact that social media is a far more complex field than it first seems. Diving in without a sense for what it's like can be overwhelming, and building a network that provides real value takes both savvy and hard work, but fear not—we're here to help! We hope you'll find this to be one of the most comprehensive social media resources available, and that no matter what your skill level is, there's plenty in here to help you improve your social presence. What are we waiting for? Let's dive in!
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.
Do not sell yourself cheap, you should always charge a fair rate for your effort and time. At times you may not even have to leave home, since it is possible to conduct coaching sessions over Skype. To increase your earning potential, sell your services and informational products. People who are interested in your advice may purchase courses and eBooks you create. Just be sure to provide value; you may even have to quit your day job and live your dream.
Most of what I'm going to list involves sharing sponsored links, although you'll find a few other oddball things in there, too. But sharing sponsored links is where it's at because big brands want to get themselves out there to as many people as possible, and they know people are on social media all.day.long. So yes, they are willing to pay you to help them get their brand/product/message across.
The commercial development of social media has been criticized as the actions of consumers in these settings has become increasingly value-creating, for example when consumers contribute to the marketing and branding of specific products by posting positive reviews. As such, value-creating activities also increase the value of a specific product, which could, according to the marketing professors Bernad Cova and Daniele Dalli, lead to what they refer to as "double exploitation".[186] Companies are getting consumers to create content for the companies' websites for which the consumers are not paid.

But did you know there are also other clever ways to make money online in addition to registering with Opinion Outpost? There are now a number of ways to supplement your income using social media platforms such as YouTube, Facebook, Instagram, Twitter and more. Read on to find out how you can turn your social media obsession into a real money-maker:
I’ve got a few e-mails relating to sponsored posts but never know if they’re legit. I think one time I replied and they wanted me to post something about how to save money when gambling at casinos. I’m pretty sure that would turn off a lot of readers (not that I have a lot of readers to begin with). Will have to look into it more though if there are ones which are about products/companies that I might actually like
Social medias are the key window to get the information from every corner of the globe. Social media facilitate the development of social networks by connecting a users profile with the other individuals or the groups. It is the great platform of communications. Different social medias such as: google, facebook, instagram, whatsapp, twitter and so on which are providing a range of a positive and negative impacts on our daily life.
The YouTube Partner program enables popular YouTube vloggers to make money via paid advertising, Lifehack explained. The advertisements are usually placed before the video you post and you'll get a cut of the proceedings. Success in this area is, as outlined above, contingent on your number of followers and the amount of hits you get per day. If you only have a few subscribers, then you won't make any substantial money. If, however, you are able to build a large and loyal following, this can be an effective way to make some extra cash. Indeed, there are some YouTube stars who have become so successful that it's now their primary form of income.
Social media has a range of uses in political processes and activities. Social media have been championed as allowing anyone with an Internet connection to become a content creator[50] and empowering their users.[51] The role of social media in democratizing media participation, which proponents herald as ushering in a new era of participatory democracy, with all users able to contribute news and comments, may fall short of the ideals. Online media audience members are largely passive consumers, while content creation is dominated by a small number of users who post comments and write new content.[52]:78
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