In the world of business, it’s been said time and again how important your influence is to grow your company’s brand recognition and awareness. But can your influence make you money as well? Of course, in a roundabout way, your influence can eventually lead to more profits. But are there other ways to monetize your influence? Sure, there are some other ways to make money from your influence. Here are a few examples.
1. Affiliate Programs
Become an affiliate seller. Put your influence to use promoting products, including some products that you may have already used or have mentioned in content before. As an affiliate, you will earn commissions on sales of products you promote. This sort of program is especially popular among fashion and style influencers, who tend to have content that is very product-focused. Amazon has an affiliate program. You can also check out influencer.co for products and merchants you can affiliate with.
2. Display Ads
Ads are another way to use your influence to get money. You can put them on your site, blog, or even your YouTube videos and get paid per impression or click.
3. Exclusive Content
Offer access to premium or exclusive content for a nominal fee (monthly or yearly). If you don’t have a blog, you can do a podcast or a live stream where followers can offer direct support to influencers and ask questions during the stream.
Put your influence to use helping educate those who are just starting out. Publish eBooks that can offer lessons and advice, or host online courses or webinars where you can pass along your knowledge.
There are many companies out there who are looking for influencers to spread the word about their company and their products and services and are happily willing to pay them to connect with their audience and reach potential customers for them. SocialPubli.com can help connect marketers and advertisers with influencers.
6. Grow Your Influence
So, there you have a few ideas to help you monetize your influence. But first of all, you will want to make sure you’re growing your influence and have the traffic needed to make some money. So be sure that:
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