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40+ Ways To Make Money Online in 2020 With In-Depth Articles!

Method 17. Have A Large Social Media Following Or Growing One? Become A Social Media Influencer!

Being a social media influencer has its advantage but it’s not as easy to grow an account as you think. I run a few Instagram accounts with over 10,000+ followers and it took a lot of work and effort to get there. But before you start or have the idea of becoming an influencer, here’s what you need to know:

  • Being a social media influencer can earn you free products.
  • You can earn an income for promoting other companies.
  • Your networking expands, therefore, there are more opportunities for you.

New to the game? Here are some ways to grow your social media accounts:

  • You can use automated bots that can follow/unfollow your competitor’s followers.
  • Use hashtag research, post quality content, and be active.
  • You can use paid advertising to increase your followers.

How much can you earn from being a social media influencer?

It all depends. It depends on the…

  • number of followers that you have
  • the engagement on your profile
  • how well your traffic converts
  • what type of niche you’re in

Once you figure that out, you can earn anywhere from $5 to $100+ from posting on your account. You can look for companies to promote their products on your profile. Usually, these companies will send you free products to advertise. I met a person with over 100,000+ followers and he would earn anywhere between $30 to $50 per day advertising for companies.

Imagine accounts with over 1 million followers. Now that’s insane ROI!

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