Many people have social media accounts. However, it is rare for people to use them to make money. There are many opportunities to make money on social media if you just know where to find them. Some of those are listed below.
There are social media groups where you can list things that you want to sell. These tend to be local groups which means that you will not have to post items and you will be able to arrange with the buyer whether they will collect or you will deliver the item. Usually it will be a cash transaction and so everything is very simple and there are no transaction fees. You can even share it on your personal pages to see if any of your friends or family are interested or to see if they might share the post to give you a bigger chance of finding a buyer.
Advertise your business
If you run a business then you can use social media to advertise it. You could use your personal profile or preferably set up a business page where you can advertise. You can make regular posts to keep people interested and hopefully they will like and share so that information about your business is spread. Most businesses have social media pages so it is worth taking a look at those to see what other people are doing and you will be able to see whether you can use some of the things that they are doing as ideas for what you can do yourself. Although you can pay for advertisements on social media, it can be a great way to advertise for free as well.
It can be possible to make money form companies by giving them leads. This means that if they get a new customer as a result of a lead that you have given them, then you will be able to get some commission on that. There are many ways that you can do this through big retailers and other sites as well. You could generate quite a good income if you manage to get a big uptake on offers with a lot of people clicking through, buying things and giving you the commission.
There are many websites where you can get extra earnings by signing up referrals. These can include pay to click, survey and free lottery websites. You could gain quite a lot form doing this, but it does vary from site to site as to how much you will potentially gain. You should take a look into the terms of the individual sites to find out what you will gain.
Your personal profile on social media can also be used to help you to find work. It is really important to make sure that you do come across well because potential employers can use it to judge how suitable they may feel you are for a job. If you have a good profile you can really advertise yourself. If you are freelancer or independent contractor you could use a social media profile as a way to show your talents to potential employers.