Whether you’re just getting started in online marketing or want to turn your social media profiles into moneymaking machines, get ready to make 2012 the year you start rolling in the green with these powerful secrets!
Secret #1: Monetize Your Social Media Profiles
Whether you’ve dabbled in it or you’re a die-hard fan of it, affiliate marketing is one of the best ways social media marketers can make multiple streams of passive income.
Fortunately, it’s easier than ever to start building up these streams of income – simply run promotion campaigns on your social media account for an affiliate. I’ve seen plenty of social media marketers who’ve offered special promotions for affiliates, and have made a bundle in commissions as a result of just a single Facebook status update or tweet.
However, keep in mind that you don’t want to run these promotions too often – after all, your social media account is for networking, not advertising!
Secret #2: Offer a Free Report on Your Social Media Site
As an online marketer, you already know that offering a free report on a squeeze page is a great way to build up your list and, as a result, take your sales to the next level. So why should your social media account be any different?
Write up a brief ten to fifteen page report on a relevant industry topic, then offer it to your fans or followers in exchange for their email addresses. Your list will expand and grow – and you’ll be making more cash as a result.
Secret #3: Offer Fan or Follower-Only Discounts
If you want to make more cash from your social media accounts, offer your fans or followers exclusive discounts on your products and/or services. To really up the ante on this discount, offer it for a limited time only – as a result, your fans and followers will feel special and you’ll see a massive surge in your sales numbers.
Be sure to tell them to share your offer or discount with other colleagues, fans and followers.
Secret #4: Connect with Other Industry Leaders
If you want to make more money from your social media account, it pays to connect with other industry leaders. Why is this, you might ask? Simple: because strong business relationships can lead to bigger prospect lists, more opportunities for affiliate deals and the chance to develop rewarding financial partnerships.
You never know what opportunities will abound when you make a connection via your social media accounts – so don’t be afraid to reach out to the big league people in your industry.
Secret #5: Regularly Comment on Relevant Industry News
While offering free reports and limited-time promotions will lead to short-term boosts to your sales, one of the best ways to guarantee long-term cash flow is to regularly comment on relevant industry news.
So what’s the connection? Simple: the more insightful and thought-provoking comments you make on what’s happening in the industry, the more your fans and followers will regard you as an expert in your field. It goes without saying that the bigger your expertise, the more people will follow you – and that directly results in increased sales as a result of your expertise.
When it comes down to it, your social media accounts offer you plenty of opportunities to increase your prospect list, enhance your brand and, as a result, make more cash. So if you’re not putting these expert tips to good use yet, now has never been a better time to do so!
Let me know your thoughts and comments on this topic. Was it helpful, will it motivate you to look at other ways to increase your income sources or do you have other ideas and suggestions you can share?
About Lynn Brown
I have never really followed any of the step that you listed. But I have seen many big Companies selling the Facebook Likes, I think this can bring you good money if you start selling any Social Media Fans or Followers or Likes, it will easily gain you good money.
Mahendra Yadav recently posted..Top 10 Corruption Scams in India
Offering fan or follower discount is a great Idea. I have seen many big companies like Kaspersky giving free licenses to the people on their Facebook page. This can drastically improve your social visibility.
Ankit recently posted..Funny Facebook Statuses
Twitter: bestdailygames
says:
I agree you but the top of the biggest 5 can differ because of time.
Paul recently posted..Extreme Trucks 2
Twitter: bestdailygames
says:
I don’t thinks so that these are secrets, if u want biggest cash making you need to invest more and more.
Paul recently posted..Free Running
i never knew you could Monetize Your Social Media Profiles, and to think i used to tell my friends that are die-hard tweeters “you tweet like your getting paid for it” not knowing you actually could. Great Article, i definetely will be looking further into this.
Next Horizon
Orlando Web Design
Twitter: learnit2earnit
says:
Glad to hear you found the information I share helpful. Let me know if you have any questions and I appreciate you stopping in and sharing your comments.
Lynn Brown recently posted..Social Marketing on How to Own Your Facebook Newsfeed
Twitter: kennethvonrauch
says:
Thanks Lynn. First off, I really like the way you treat your site’s audience here. You’re doing a really great job by answering our questions and giving your thoughts on our comments. I don’t see that on many blogs. And it’s another advantage of your blog, Lynn. I have found you blog today and I’m in love by now :)
Now, as for those secrets. I hope that the people who read it should not spread it too much because I’m going to use them on my blog and if they do tell too many people , I’ll have to much competition. :)
Now seriously. I myself pretty often give out my email address just to download some blueprint that is related to my interests. And it’s really good to obtain emails addresses that way, because you’re firstly giving something away and people are just paying you back with their emails. If your free report or blueprint is a decent one, it is really a fair exchange. Everyone is happy.
kenneth recently posted..HTML tags (HTML Tutorial 2)
Twitter: learnit2earnit
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Hello Kenneth, I appreciate the recognition and support. Glad to hear that these tips are helpful. And not to worry, I think even if a million people applied these strategies, the key is being consistent with your business and that means following up with the strategies you put into place. In most cases, 90% of those that apply any marketing techniques generally, for what ever reason, in a very short time will not follow through and find themselves thinking that what they are doing isn’t working.
I like your idea of giving your email to get one back. That is something that too many guard against which doesn’t help to build your connections and confidence with your audience. There should be an understanding that if you are in business, and especially an online business, that your consumers or customers are going to want transparency. Appreciate you sharing that tip and glad you stopped by.
Lynn Brown recently posted..Social Media Tools Are Not Magic Wands
You have a very great insight here, Thanks for sharing these with us. Thanks a lot.
Wenz28 recently posted..Surgical Gloves
Twitter: TayyabShamsi
says:
Excellent post with helpful instructions. I would like to share this blog with my friends immediatly and I’ll try these guidelines in my next blog as well.
Twitter: ziesha007
says:
Really helpful..i know and i m new to this Social Media and this blog help me a lot !
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Twitter: erydave
says:
hai Lynn..
Social media is one way to get more traffic and also to build network to many people or company. Your article is really help people to start considering using social media as their way to success
ery recently posted..3 Trends of Bedroom Ideas in 2012
Twitter: learnit2earnit
says:
Thank you ery, It is always good to hear when others can benefit from information we share. I enjoy doing as much as I can and wishing you much success!
Lynn Brown recently posted..Why Facebook Fan Pages Are Like Having Another Website
Twitter: Janis167
says:
I’m looking in to SOcial media marketing right now, thanks for this article :)
Twitter: devjosephite
says:
I think I really need to work to improve my follower in Twitter and Google+, I didn’t know the could be used in such a way.
devesh recently posted..Can t Find A Job Spend More Time On Facebook
‘Monetize Your Social Media Profiles’ that’s a great idea. I will definitely put this into use.
deep recently posted..iPhone Apps for Next Generation TV
Twitter: issuesatwork
says:
I was not aware you could monetize your networks. Great post, I will look at followers a little different.
Michael Belk (calculators) recently posted..Going Insane | Dealing with a difficult boss
Lynn,
All great points, but I am in particular agreement on #2 (offering a free report). A good quality free report is a way to both show your knowledge about your primary niche and build your authority. Nothing works better for beginning to build a strong email list and gain an audience that looks forward to your every word.
Steve recently posted..The Most Important Post You Will EVER Read
Twitter: learnit2earnit
says:
And you bring up a great point Steve, ‘a good quality free report’ is so important to your online business reputation and how others will view you, especially if you are looking to be a leader in your niche. Appreciate you adding your valuable insight to this discussion!
Lynn Brown recently posted..What to Do When Others Are Jealous of Your Online Business Success
Consistency has always been the best in all forms of platform. When comes to the web industry then one has to be more consistent and has to provide good quality content as well..
Chintan Jain recently posted..Professional Image Editing Solutions with Adobe PhotoShop CS5
I am very enjoyed for this side. Its a nice topic. It help me very much to solve some problems. Its opportunity are so fantastic and working style so speedy.
Well, sometimes it’s also a good idea to go through business fanpages and see what they are talking about, to then like what they are saying. If you do this on a daily basis, you have a chance to get some more interaction on your Facebook Fanpage, which is great.
Twitter: learnit2earnit
says:
I think your advice Matt about being consistent, “on a daily” basis is a key to a successful social marketing strategy. Otherwise, you can miss opportunities from visitors and connections. Glad you shared your insights on this topic.
Lynn Brown recently posted..What to Do When Others Are Jealous of Your Online Business Success
Thank you very much for your quick response, Lynn! That’s the way, that’s the way…
Where are you (guys) based? 4:10pm here in Australia 1 Feb 2012. seems we’re always ahead, in the future, timewise.
Yes, CONSISTENCY is the way hey, if I may put this into capital letters :).
Have a great day & we should keep in touch more frequently, just discovered this website yesterday.
Cheerios, Matt
Twitter: learnit2earnit
says:
Hi Matt, I am in Central Coast California. I sometimes work until midnight and enjoy communicating with all time zones! You most certainly capitalize Consistency as it is that important, lol.
I appreciate your comments and yes, lets keep in touch! Have a wonderful day.
Lynn Brown recently posted..Cool Things You Can Do with Video Marketing
Social media is a great opportunity to attract consumers and visitors to our blog gar become part of our business. However, in the media Socia we must understand the communication and promotion of ethics in business
Computer and Software Information recently posted..Apple Launch iPad 3 New iPad Generation
Thank you! I’m going to subscribe to your RSS Feed to be updated on your latest posts. I can also contribute
some information since I know the topics that this blog covers.
Cheers,
Lewis
Lewis Newton recently posted..Tips On Anti Aging
All these tips can be called not even secrets but cunnings ;-) They all can be very effective and easy for implementation at he same time
BuySellWordpress recently posted..Fashion WordPress Themes
Hi, Lynn! As usually, awesome tips! I have a question for you about Secret #3: if you have a discount for a product on your website, should you make another one for the social media followers (like a bonus added to the first discount) or should you make a whole new offer for them?
Tony recently posted..Central Vacuum Cleaners – A Simple Way to Have a Cleaner Home
Twitter: learnit2earnit
says:
Hi Tony, I like to see what kind of response I get from fans or followers by adding a ‘coupon code’ for savings on a specific product or service. And when you do share a special discount on your fan page or twitter, ask them to ‘share’ and then see how many responses and orders are generated. If it is successful, then you might want to take it up a notch and use Facebook PPC advertising.
Lynn Brown recently posted..What to Do When Others Are Jealous of Your Online Business Success
So lucky to visit in these blog, Every detail and ideas you share can really help me. Thanks..
I will come back.
Pettina26 recently posted..Chamonix
This a great article to read! providing us useful information is a big help. And i will definitely follow all the information that you have shared with us. Thanks for sharing your knowledge.
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Twitter: careerist1
says:
Thats great post. I liked your last point because its good to show your talent by commenting on news and etc. When people will start knowing you as an expert of a particular field then Success is guaranteed.
I would be surprised if Facebook was still at the top considering how social media has changed just in the past few years. The internet is an ever changing machine that allows creative individuals to test the limits of what consumers are looking for and need.
Lovejoy recently posted..Spa Hydrotherapy
Excellent advice here. Many people earn a lot of money using Social Media, although it also highly depends on the size of our networks, most of the time. The bigger the network, the better chances we have for earning some cash. That’s why celebrities earn tens of thousands by just Tweeting random things for different companies.
Gary Ashton recently posted..Mortgage rates Continue to Fall
Twitter: learnit2earnit
says:
Hi Gary, I find that it isn’t how many people are on your list or are following you, if they are not interested in your profession, market or products you are wasting valuable time. So it is important for business owners to make sure they connect with those folks that matter. The quality of the lead, connection or contact is so important to business success.
Lynn Brown recently posted..Top 10 Reasons to Take a Quantum Leap in 2012
Each tip doesn’t have to mutually exclusive! We can combine one with another or progress from 1 to 5.
Twitter: allierambles
says:
Lynn,
I was always under the impression that you could not monetize social media.
I always love #3 from a customer perspective. When a restaurant or store offers discounts special to only followers I feel so special. LOL.
And #4 is so important. I think many think that others in the industry are competition or may not be interested in joining you but they are wrong. I have made connections thru my blogging. I guess I better work on SM too.
Thank you.
~Allie
Allie recently posted..Blogging Success: Failure Is Success
Twitter: learnit2earnit
says:
Hi Allie, I currently have several affiliate products that I promote on my blog. It isn’t the in your face advertising that some sites like to use. Instead, they are products that I have used and I am always referring my clients to them. It is another income stream that doesn’t take up a lot of time.
I agree, whenever anyone gives you a discount or a special recognition, it always makes you feel good. I think it is all about creating raving fans and that is one way to do it.
Thanks for sharing your comments.
Lynn Brown recently posted..Top 10 Reasons to Take a Quantum Leap in 2012
Twitter: allierambles
says:
Lynn,
You know what is funny? I would love raving fans, or do I? The more readers and traffic I get, the more work there is. Wait, that just sounded lazy, oops. What I mean is, they tend to pull you in so many different directions, one can get confused. I need a solid system of handling this.
Thank you for not being the in-your-face marketer. I think in the long run you get more loyal fans and buyers that way.
~Allie
Allie recently posted..Blogging Success: Failure Is Success
Twitter: learnit2earnit
says:
You bring up a very good and important point Allie. A SYSTEM is very critical to the success of any business. Also, if you are targeting the right audience and you have your systems in place (landing pages, sales pages, autoresponders, etc) then the system will help to keep you more organized where you just review emails, reports and stats to keep your business going.
Lynn Brown recently posted..What to Do When Others Are Jealous of Your Online Business Success
Twitter: allierambles
says:
Lynn,
Looks like I have a lot to do. I am just barely touching the surface. 2012 will be my year to get busy.
Thank you so much for the tips and replies.
~Allie
Allie recently posted..Blogging Success: Failure Is Success
Twitter: FindHomesNow
says:
As we move further into the 21st century, social media networks provide many opportunities for businesses to advertise. Very informative read, this should certainly help those who are looking to expand their businesses on a social network.
Ryan recently posted..Luxury Ski Homes Market Report
Twitter: learnit2earnit
says:
Appreciate your positive comments Ryan, thank you for taking the time to visit and enjoy these tips that I shared. Have a wonderful day!
Lynn Brown recently posted..Cool Things You Can Do with Video Marketing
Thanks for such an informative and well written post
http://hubpages.com/t/2d27c0
Bidisha recently posted..What Is SOPA And Why It Is Important?
Some interesting ideas Lynn. I personally like the idea of issuing discounts and promotions via social media or a newsletter. The only problem can be that other retailers do the same, and your discount can be drowned out and your target base simple switches off to that type of message.
Twitter: learnit2earnit
says:
That can be true Michael, however, if you have a good message, benefit and something that your audience wants — that discount may entice them to buy from you right then and there. Appreciate the great feedback and insight that you have.
Lynn Brown recently posted..Top 10 Reasons to Take a Quantum Leap in 2012
Twitter: GearOutdoor
says:
Great points Lynn. We all need a boost once in a while, especially new ones – like me. I totally agree with secret No.4; having relationship with other industry leaders can really help you expand your fame, and consequently your opportunities and earnings.
Nick recently posted..Sierra Trading Post Coupon and Review
The tips shoud rather reasonable and they worth trying as everybody wants to get some profits and I am notan exception in fact. I will try as social media seems to be so perspective this year.
Twitter: abhibalani
says:
I never thought about Monetizing my Social Media Profile. And very nice tip at the end that – Social media is for networking not for advertising. :-)
Abhi Balani recently posted..Good Blogger And A Good Blog: What Are The Signs?
Twitter: learnit2earnit
says:
Thank you Abhi appreciate the thumbs up.
Lynn Brown recently posted..Top 10 Reasons to Take a Quantum Leap in 2012
Twitter: abhibalani
says:
Your welcome, Lynn!
I’d like to share one of my article with you. It’s my very first blogging contest entry. I’d be grateful if you read and leave your comments to let me know. Of course, share if you like. :-)
Abhi Balani recently posted..Good Blogger And A Good Blog: What Are The Signs?
Twitter: learnit2earnit
says:
You did a wonderful job Abhi. I could tell you took time to put all that information together which is very helpful to bloggers or those that are thinking about starting a blog. Good job!
Lynn Brown recently posted..What to Do When Others Are Jealous of Your Online Business Success
Twitter: abhibalani
says:
Thank you, Lynn! I’m glad that you followed my breadcrumbs to my post. Thank you very much for your appreciation. :-) I hope you can share it with your friends, as well.
Abhi Balani recently posted..Good Blogger And A Good Blog: What Are The Signs?