Looking to monetize your social media following? Brand deals and sponsored posts are some of the most common ways, but they aren’t the options. Check out our blog post:
If you’re looking for a platform that helps you grow your business and monetize your social media followers by selling digital products, Kajabi is right for you. We provide the tools to help you build a thriving online business and market and sell your products. Get your free trial and bonus training materials here: https://get.kajabi.com/b/get-started
0:00 Monetizing your social media following
0:18 Membership sites
0:33 Online courses
0:55 Coaching Programs
1:12 Private podcast episodes
1:31 Digital downloads
2:08 Affiliate marketing
3:04 Grow your business with Kajabi
Here are 8 ways you could generate revenue from your social media followers – no matter if you have a few followers or millions.
Having a members-only area with premium content is a common strategy for content creators to generate income. The best part about a membership site or membership community is that you can generate recurring revenue while also building community with your fans.
Online courses are another popular option for those with substantial social media followings. Selling online courses is an especially great fit for people who have a following around expertise on a specific topic. Courses are often successful if the topic is something that a smaller amount of people care so deeply about that they are willing to pay for educational content.
Related to online courses, coaching programs are another knowledge product, but more often in a one on one or small group setting. Coaching programs can be for a fixed amount of time or ongoing and are a great fit for those creators who want to build deep relationships with their clients.
Many people have gained their audience because of their free podcast. So, it’s a natural next step to offer premium or paid podcast episodes behind a paywall. Some podcasters will offer special interviews, ad-free episodes, q & a sessions, and even more as their private podcast content.
Downloadable content like selling eBooks or worksheets can be another awesome revenue stream because you can create it about a huge number of topics, it can be quick to produce, and there are a huge number of resources to create those files. It can also be great supplemental content to add to another product to add more value.
Newsletters are gaining in popularity as a knowledge product. People who offer a paid newsletter will write and curate email messages that deliver value straight to their subscribers’ inboxes. If you have writing skills or have expertise about a frequently changing topic, this could be a great option for you.
Making affiliate commission can be a great bonus form of income. Many brands offer affiliate links to all or some of their users to help them spread the word and drive new customers to the brand. Check out the Kajabi affiliate program for our Heroes who refer new customers to Kajabi, and some Heroes earn a substantial amount of income from this source.
Lots of content creators offer merchandise with their brand or their designs. You may offer clothing swag, stickers, or magnets, or white label items that are relevant to your expertise, like a fitness instructor offering a branded yoga mat.
Merchandise can certainly work, especially if you have a large audience, variety of products, and reduce the overhead or time required from you.
See for yourself how easy Kajabi is to use. Try Kajabi for free: https://get.kajabi.com/yt/get-started
Listen to the Kajabi podcast: https://pages.kajabi.com/kajabi-edge-podcast
Check out Kajabi’s free ebook resources here: https://kajabi.com/resources
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#Kajabi is the only all-in-one platform for #KnowledgeCommerce entrepreneurs. Kajabi empowers entrepreneurs, experts, creators, and influencers who are serious about their business to achieve success online. Easily publish a website, marketing pages, and sales funnels so you can sell online courses & membership sites.
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