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Increase Earnings Being Active on Social Media

Posted by on November 23, 2020 - 3:37am Edited 11/23 at 8:14am


Increase Earnings Being Active on

Social Media

Grow Your Business On Social Media

 

 

Today Social networks are incredibly popular. From Twitter to TikTok, about 3.8 billion people are using them in all their many forms. On average, internet users are spending 2 hours, 24 minutes every day on social media.

Because of their popularity, social networks are an excellent place for not only finding new connections or sharing pictures from recent activities but also for finding new customers for a business. One of the great things is that you don’t even need to run a business yourself — you can profit from promoting someone else’s products or services via affiliate marketing.

Affiliate Marketing in a Nutshell

Affiliate marketing is a type of digital marketing whereby you generate earnings from promoting companies’ products and services. You receive a commission for purchases by new customers you have introduced to a company. The more new customers you refer to purchase a product, the greater your earnings will be. As mentioned above, social media can be a tremendous source of referrals for you.

Which Social Network Should You Use?

Almost all of the more popular social networks provide the necessary infrastructure for doing affiliate marketing activity. Even on Instagram, where link usage is limited, you can still refer your target audience to an affiliate link in your bio.

The question becomes which social media channel will work best for you. If your preference is to transmit your message with text, Facebook and Twitter are most likely be the preferred choices. If you would instead communicate to your audience with pictures and short videos then, Instagram should be your critical social media channel. Marketers that enjoy making how-to and product review videos, have Youtube available for hosting them — remember to put your affiliate link in the description.

While it’s possible to use multiple social media platforms simultaneously, always keep in mind that quantity should never be pursued at the expense of quality.

 

Active On Social Media

Rules to Follow:

It’s not a secret that most people hate advertising. So when promoting items in your posts on social media, it’s essential to follow specific rules:

1. Always provide value.

Short posts that say things like, “Use Go Daddy for domain registration” or “Get 20% discount at Go Daddy” with an affiliate link to the website. This doesn't allow any engagement and will result in disappointment from your audience. The critical rule of Twitter, as an example, is to develop a relationship with your community, so don’t just focus on sales. Give advice and provide solutions of interest. On forums like Quora or Reddit, your answers and recommendations should provide valuable content, so describe your personal experience, a problem that you solved, the research you conducted (e.g., about specific or new TLDs, hosting uptime, etc.).

2. Link to articles on your website.

Provide additional details, context, and engagement by linking to a post on your website, which in turn connects to affiliate products. Tell a compelling story and build stronger relationships by presenting influential opinions, information, and content. 

3. Keep the balance in different types of content.

It might seem that users are always happy to get news about a promo or a deal, but everything of one type becomes annoying fast. The answer is to provide a balance between educational or entertainment content and promo content.

4. Use short links

Long URLs will simply make your post unappealing. The good news is that there are many link shortener services out there. On Twitter, the links are shortened by their own service — t.co. Or you can use a third-party link shortener, such as Bitly or TinyURL.

Additionally, a lot of affiliate networks have affiliate link shorteners right within their platform. The top link shortener I've seen is Markethive's Tiny URL. 

The Tiny URL tool lets you convert lengthy URLs into short URLs, to use in social posts, email, as well as taking up fewer characters in Twitter tweets. It's the perfect way to handle long affiliate URLs as well.

In addition to creating a more friendly URL, the platform will track visitor stats for you. It's the perfect tool to analyze your promotional results, better understand your target audience's interests, and optimize your social, email, and other marketing campaigns.

You can even use the Tiny URL tool together with the Website Rotator tool that automatically rotates to the websites you choose. Very powerful for teams working together to promote a single URL.

5. Refer to the most relevant page.

For example, if you’re describing a special promo — refer directly to the promo’s landing page which will increase your conversion rate.

 

Use Images and Videos In Posts

 

6. Include pictures and videos in your posts.

Including pictures and videos is one of the top ways to draw attention to your post. If you do affiliate marketing on Instagram, it’s better to use your compelling pictures or videos rather than ready-to-use pictures or affiliate banners as they will appear more natural in your audience’s feed.  

7. Make posts regularly.

Trying not to appear pushy doesn’t mean you should disappear. The right way would be to set up a schedule for your activities on social media. That way, you won’t run out of ideas and content, and you can plan the testing of different approaches and strategies.

Markethive’s Blogging Platform includes dynamic benefits. Just publishing on the platform provides traffic. Your blog platform provides you a visitor display at a glance. Also in development, you will have a separate, dedicated tracking feature showing statistics for deep traffic analytical detail on visitors. The data includes country origin, time on site, bounce rate, referrers, keywords, social sites, and a data-driven matrix. 

8. Leave a disclaimer.

Build transparency and increase trust by being open with your audience and adding disclaimers to your posts. This way, your audience has all the facts — and keep in mind that faith means loyalty, which means more business. 

It’s time to act

Used properly, social media can be a powerful tool for your affiliate marketing success and increase your earnings. Follow the basic rules and tips listed above and even social media newbies can achieve great results quickly. 

 

Gene Aasen Markethive Blog Banner ID Entrepreneur 1

Deb Williams Also do you use a spell checker? Got a couple typos in there. :) Also I recommend you make your signature image smaller on the bottom of each article.
October 30, 2020 at 12:55am
Deb Williams Hi Gene, When I click on the last 2 of the links you added I get this... Your connection is not private Attackers might be trying to steal your information from hive.pe (for example, passwords, messages, or credit cards). Learn more NET::ERR_CERT_COMMON_NAME_INVALID Not sure why, but it looks like a shortened link? If it is, perhaps use a long link instead.
October 30, 2020 at 12:52am
Deb Williams If you could update this article here that would be great Gene. :)
October 26, 2020 at 9:11pm
Deb Williams Just saw Tom's message in Cryptocoin group. Marketing Director We are ending the Curation process. As we prepare for Adsense, curation is no loner effective. So it's up to us Gene :)
October 25, 2020 at 12:36am
Deb Williams Hi Gene, Can you incorporate Markethive in this article? eg; link shortener, ( we have one) getting paid to remotely post to many social media platforms. the fact that Markethive is also a social media platform with storefronts that are used for affiliate marketing. Anchor link a couple of Markethive articles that have already been published that a relevant.. eg; https://markethive.com/group/marketingdept/blog/whats-in-store-at-markethive https://markethive.com/group/marketingdept/blog/markethivebloggingplatformwhatmakesitoutstanding The plan is to publish your articles on the Markethive Blog so they display on the website home page and the many other domains Markethive has, which means content can't be copied from another author like cryptocoin group does. Chuck and Elena are the curators, we are the writers. Need to be as original as possible and where possible, include Markethive if the topic is relevant.
October 25, 2020 at 12:23am
Edited 10/25 at 12:24am