Are you sick and tired of not making money (or not making enough money)? What about not converting the people you are talking to about your product and/or opportunity? Or perhaps you have a coaching program or a course but not enough people are signing up?
It’s time to change all of that and monetize your Social Media, even if you have a small audience!
Inside this training, we’re going to bring forward different levels of strategy to help you think through this whole monetization because Online Marketing and Social Media Marketing are the hottest trends right now!
How to Monetize Your Social Media With A Small Audience
Scope & Income Sources
Let’s start by first examining the evidence. Where you are at the moment?
- Are you building one business or multiple businesses?
- Do you already have a successful system in place?
- Are you already generating at least $1,000 in profit in your business?
- How big is your audience right now?
The first thing you need to determine is your scope, the number of businesses you’re running and how profitable they are.
Focus On One Thing At A Time
How many businesses do you have? And how many platforms are you using to communicate your message? The truth is, we can easily get distracted or overwhelmed, especially when it comes to monetization.
That’s why we recommend that you start simple.
It’s so crucial to get clarity and focus on one business at a time and one platform at a time. Once you start creating success and momentum and you’re profitable in that one business or you’re crushing it on that one platform, then you can branch out.
Build Your Social Media Equity
Now that you’ve got clarity about your focus, we need to take a look at the way you’re building your brand on Social.
If you want to stand out in today’s noisy Social Media world, you have to show up consistently, with value, energy, and authenticity.
Think about your Social Media as a bank account. In the beginning, too many people try to withdraw from an empty account and then they get frustrated because they don’t have the same impact that others do.
So how do you conquer that? By showing up consistently and recognizing the fact that it takes time to build trust with your audience!
Your audience needs to get to know you and like you to trust you. Then, when you suggest something, they’ll go, “It’s got to be good if he/she is promoting it.”
Remember: on Social Media, you need to give for the sake of giving. Have the mindset of, “Even if this person never buys from me, I want to make a difference. And even if they never spend a dollar with me, I want to know that I’m building a connection with them and that I’m somehow providing value for them.”
Best Ways To Monetize Your Genius
There are various ways to monetize your digital presence, so we’ll dive deeper into the most common methods, based on your audience size.
#1: Employ Curiosity Marketing
What should you do if you’re just starting out and you don’t have a considerable number of people following you?
Then you need to become a master at Attraction & Curiosity Marketing! What does that mean?
Don’t just create content, create curiosity! Think of your business as a movie, and your Social Media posts – the preview!
That’s an awesome strategy where you work to attract, connect, and convert. Do you want to know our favorite curiosity posts? Check out this article >>> 5 Best Business Curiosity Posts for Facebook!
#2: Become an Affiliate
Becoming an affiliate is a great way to earn commissions by promoting great products and/or services that you believe in!
Think about it like this — if you already have a pretty good-sized audience and you ever do videos, then people might be interested in what kind of makeup you use. Or let’s say you do a lot of cooking shows and you’re in the kitchen with different pots and pans. Then people could be interested in what your set up is!
Now that you have someone interested in the products you’re using or the tools you have, you can start packaging those products in kits! What is great about this strategy is that if you have a Network Marketing business, you can have some of your products in those kits! It’s a win-win!
What to see a cool example of how we do it?
#4: Build Sales Funnels
This strategy is a little bit more advanced, so we recommend it for people who already have a significant number of followers and bandwidth to build out more sophisticated processes.
Because the truth is while building your business on Social Media is great, you don’t own it. But you own your email list. So that’s a great place to start.
- What systems should I use?
- How can I align myself with the business and compete with what’s currently on the market?
- What are the tools that I should use to make a big difference?
Then focus on building an email list, creating freebies (a free gift in exchange for a name and an email address), doing blog posts, running paid ads, etc.
Be patient. Empires are not built in a day!
Have Long-Term Vision
If you’re reading all of this and thinking to yourself, “I’m just trying to figure out how to make $1,000 a month in my Network Marketing business”, don’t worry. It’s completely normal to get overwhelmed.
That’s why focusing on one thing at a time is so important! Even though we’ve mastered some of the platforms and the strategies that go along with them, to this day, we sometimes need to pump the breaks and decide what our priority should be.
And this is where our long-term vision comes in. We know that we don’t have to figure everything out right now. This month we can master one strategy, the next — a different one. So give yourself a break and get clarity!
These were the best ways to monetize your Social Media if you have a small audience. Which tips did you find most useful? Let us know in the comments below! And if you found value in this training, share it with your online friends! They’ll love you extra!
Additional Resources to Help You Build Your Business:
- ATM Facebook Group Strategy: The Revolutionary Method to Build Your Home Business
- 10 Prospecting Tips You’ve (Probably) Heard Before – But Are You Using Them Yet?
- The NEW Facebook Algorithm – Tips & Tricks
- 5 Best Business Curiosity Posts for Facebook
- Instagram and Facebook: 9 Ways to Use Stories for Business
- LIKE Our Page to Plug into our LIVE Videos Here
Want to Know What Tools we Use to Build Our Business and Our Brand?
- Resources – we often get asked what tools we use and recommend, so we put together one page with all our favorite resources. Enjoy!
Feel free to share this with anyone who might enjoy it and also comment below on your favorite tip or your biggest takeaway. We can’t wait to see your comments!
We help Network Marketers and Entrepreneurs create a profitable online business around their personal brand.
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