I love talking about influencers making money because it is hard work! Some people think it’s all about taking selfies or photos all the time and it’s a lot more than that. Here, I'm going to share with you the top 5 ways that you can make money as an influencer!
You can make money as an influencer by advertising products and services on your platform. This includes Google Adsense on your blog, enabling ads on your YouTube channel, and working with brands to create sponsored content on your social media platforms.
You can start making money right away with Google Adsense to your blog but you’ll need to be getting a certain amount of traffic. For YouTube, you have to have a minimum of 10,000 views before you can start monetizing.
Brands like to work with influencers that have an audience, so it’s best to build and grow your following FAST to start making money through Advertising.
This is when you make money earning a commission off a product or service. The most popular way to do this is through Amazon Affiliates.
For example, let’s say you are a beauty influencer and you have content that links over to Amazon. For every purchase from the link, you will receive a commission. It’s very easy to set up and you can apply anytime.
Many fashion influencers use Reward Style which is another affiliate program. This is a great way to make money because you are selling other people’s products and service and you don’t have to deal with inventory or fulfillment.
This can be physical products if you have your own clothing or jewelry line, or it can be digital products if you sell courses or programs. You can sell these products on your own platform like your blog or your website, or you can sell them on marketplaces like Amazon, eBay and etsy.
The challenge with this is the inventory and fulfillment and sometimes it takes influencers time to build out this part of their business,
You can make money selling your services this includes consulting and coaching. I know some influencers that do social media management and have their own agency.
I know some who are photographers and have a separate business for that that they promote on their channels.
This includes being paid an appearance fee for showing up to an event, hosting an event or putting together your own event and selling tickets.
There are some influencers that do a tour and meet their fans and followers on the road, and you can do it too!
Those are the 5 most popular ways you can make money as an influencer! If you're just starting out and looking to monetize, I would focus on the basics first.