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5 Proven Ways to Make Money on Social Media (No Product Needed)

5 Proven Ways to Make Money on Social Media (No Product Needed)


snapchat Facebook Instagram Twitter you’re probably on all of them and you know what why not monetize and make money but people are probably telling you that you need a product to make money that’s a bunch of hey everyone i’m neil patel and today i’m gonna share with you five ways you can monetize your social media audience without a product the first tip and the first strategy this one’s really simple is just go and promote someone else’s product whether it’s from affiliate rake or you know they’re paying you a specific cost per promotion or whatever it may be wanted to promote someone else’s product for example i have a huge social media following or at least I think it’s a decent size for anything marketing related so if I go out there and I say hey you should talk about or you should go use a Tresor buzzsumo or SEM rush I’ve mentioned all those tools so many times over my videos no I don’t have a deal with them and I don’t have a philia trach or anything like that with these guys but if I wanted to I probably could get one I’m driving them sign ups I’m driving on revenue and it’s really easy to hit them up and be like hey I want a commission most these guys already have affiliate programs on the bottom of their website all you have to do is sign up and use that link whenever you’re talking about them on the social web here’s what’s cool about it you can even go to sites like Amazon Best Buy they all have affiliate offerings and pages even the largest companies that you can think of are doing affiliate marketing so it’s really easy for you to go pick any type of product out there that’s relate to your audience and sell it the second strategy I have for you is partner with someone who has a product but doesn’t have an audience here’s what I mean by that these days influencer marketing is huge when you put a brand a personal brand behind a product you can crush it just look at the Kardashians I don’t know all of their names but I think one of the youngest ones the daughter right I think there are technically almost all of them are daughters but Kylie or Kim or Khloe or whatever her name is I’m sorry for not knowing it one of them is known for selling hair extensions makeup and lipstick all right when she sells it what happens when she puts it on Instagram or social media it sells out instantly now these days she’s probably creating her own product but when she first started you could see that they were doing deals with other companies and they’re like oh wait you have a product I have a brand let’s partner up and I’ll be the face of your product and let’s make this thing big murder beats by dre dr. Dre made a killing with Jimmy Iovine and that could be getting his last name wrong but I know his first name is Jimmy and then it of something to Apple for over a billion dollars really simple model use Dre’s brand Jimmy’s connections and they blew that thing up so much so that any time you watch a basketball game or NFL game everyone’s like walking to the game sporting their like beats by dre headphones and it really blow up even the celebrities like the Kardashians were running on so if he finds them with the amazing product but no personal brand behind it you could be that personal brand think about how cool that is you can promote it do really well from and you can take a cut of the business not just a cut of whatever sales you drive but you can get a fraction of that business could be to 3% 5% 10% whatever it may be the third strategy I have for you it’s just place ads within your videos if you’re on social media create videos and put them on sites like YouTube they’ll automatically put ads for you if you want to monetize it yes you’re not gonna be the richest person but you can easily make 2 3 grand a month that may not seem like a lot but it could give you enough flexibility and freedom where you don’t have to work for someone else it’s kind of awesome and amazing money isn’t everything in this world making enough to be happy and having that financial freedom in many cases is better than making 10 20 50 100 grand a month so don’t always shoot for making the most amount of money also aim for financial freedom and by just putting ads on your videos or you know if you have a wordpress site you can allow them to monetize and you can under making money and promoting those articles via social media it’s amazing way to end up making free money or little or easy money from ads the fourth strategy I have for you is influencer marketing and not the same influencer marketing they talked about you know a few strategies ago why not go and say hey you sell teeth whitening I’ll pay per post to promote you on Instagram oh you’re fit T yeah I’ll talk about fit T I’m a celebrity or Fitness Instagram page and I can a breaking down and taking photos of how I’m using fit T to get more fit and building these muscles as you can see by my body probably not drinking much fit T and I’m not working out much I’m a more so a runner you get the point you see it on Instagram all the time people promoting other people’s products taking pictures and they’re not getting paid by spur sale they’re usually not getting paid on a quote-unquote ad basis they’re getting paid to be like an influencer and they’re getting paid for let’s say three months six months or a year they have a contract and they post typically one picture a month or one a week and they get paid a monthly salary that’s amazing easy awesome way to make money if you have a social following number five last but not least premium content here’s what I mean by this on Instagram you see a lot of these models taking pictures of themselves and then they use something called patron with like hey you can subscribe on patreon give me money each and every single month and I’ll show you premium content you can do the same thing you don’t have to take half-naked pictures and I’m not recommending that but more so what you can do is you can create exclusive more detailed thorough articles or exclusive videos for example I’m shooting videos here you’re watching them why can’t I shoot 30 minute videos or one-hour videos that break down step-by-step how to do everything from A to Z and charge for that I could I don’t really care for the money so I’m not but that’s a good idea of creating premium content and charging for it and you know what I know I said this video is gonna be five but because you stay to the end I’m gonna give you one extra bonus tip and the bonus tip for you is you don’t need a product to generate income you could just go find someone else’s product white-label it in essence you’re creating your own business they can dropship it for you and the do a deal where every time you sell a product you send them the information they’ll ship it out and you give them the money and you keep the difference what I mean by that is let’s say you’re saying hey you know what I’m into fitness I want to sell protein powder but I don’t know how to create it I’m gonna go sell muscle for life’s protein powder I’m gonna white label it and what I’m gonna do is every time I order I’ll send it to them charge people $50 for protein powder I’ll pay him 25 because it got a special deal and I just keep the difference and you can do that all day long again you’re not gonna make a killing from doing this versus buying your own products but it’s easier you don’t have to worry about inventory holding costs or any of that I hope these tips help you monetize your social profile it’s not that hard you just got to put in the time and effort and be patient keep tweaking one model may be better for you versus the other one but you won’t know unless you test them all so just try them out think of it as spaghetti throw it against the wall see what works and sticks and then just move forward with that thank you for watching make sure you like share comment if you have any questions you’re not trying to monetize your social profile leave a comment i’ll answer and i’ll give you advice thank you

100 thoughts on “5 Proven Ways to Make Money on Social Media (No Product Needed)

  1. Thank you Sir!
    My ideal 😊
    Please sir talk little slowly….I had some problems to understand the things so that i should need to watch again and again time.

  2. Great tips Neil!

    What's the reason of using orange colour everywhere (on your blog, in videos, etc)?? Any specific psychological reason??

  3. Hi Neil, Would it be possible to to generate 300k organic visitors a month with 500 quality posts and a few 100 good quality backlinks in a Saturated niche within 1 year?

  4. Hey neil patel m working on digital marketing and i need job part time job if u have than i am wating for your reply. I dont have lot's of experience but i know SEO , Google AdWords, social media , i need some money to run my life and i want to increase my experience in digital marketing through practical works thanks

  5. I've used InstaRocketPro to build my gaming Instagram, got to around 25k followers in 16 months and now working on getting sponsors now with the big following. These tips definitely work that's he saying.

  6. My goal is to become digital marketing influencer within the next 3 to 5 years so companies can hire me straight away. By the way, I started testing the client acquisition strategy, which you talked about on in a video with Tai Lopez recently, the one about Crunchbase. Nothing yet, but I am definitely sticking to it and I am also on the lookout for other similar databases. Regarding financial freedom, my perfect amount would be around $200k-$300 a month net, which is YUGE here in Bulgaria(in Eastern Europe) , but the more the better 😀

  7. As GaryVee says, our phones will become the new TV and TV will become the new radio. Love the ideas in this video Neil. Your'e definitely utilising social media!!

  8. Thanks Neil! Great info! Initially, I thought only celebrities or ppl with a huge real following (not fake 50k or 100k followers, lol) could get paid for advertising products on their social media. So, you opened my mind more. All your tips are helpful! 👌😄✌👍

  9. Thank you! I love it when I see the notifications from your channel! Now to figure out how to build my following so I can apply the steps.

  10. I'm Brazilian and always accompany your channel on youtube and blog. Could you give a backlink to my site? rsrsrs

  11. Hi Neil, I have a question for you. Say I have blog and now I want to sell products on it, what will be the better to setup shop, will this be like mydomain.com/shop or will be better in subdomain like shop.mydomain.com ?

  12. hey Neil, I got 2 Facebook pages which are made on Xiaomi phone name, both pages have almost 1.5k likes n engagement is quite nice. What should I do earn through it? should I promote their products on affiliate base? or any other idea?

  13. Sir In My Website Yoast SEO IS showing Some errors

    Your Homepage Is Not Indexed In Search Engines Please Reply what i will do.

  14. Sir, my website has got an approved and the adsense ad is also going to show but some posts and some pages do not show up on the ad show.

  15. I love this new video Neil. Great tone and pitch unlike the other videos. Keep it up and more power! Love the bonus too!

  16. Sir, I wanna blog, but I don't know where to start. are coding languages important for doing that? I just don't know where to start.

  17. If I am using Yoast SEO plugin should I also do SEO for my pages? or only for posts?
    if I do it for pages what should be the target keyword
    Also, should I be using the plugin for pages like, contact, about us, conteibute, etc… If so what should my target keyword be?

  18. Hi Neil! I could use some advice on what business model to follow to start making some money as soon as possible with no/low budget. I get overwhelmed with all of the products, courses, blogs, videos and tons of other information out there. Can you recommend a course that I can follow step by step to make my first dollar online?

  19. Hi can anybody tell me a good affiliate marketing site with worldwide working . In Amazon I face problem of one link . I don't have account for every country …

  20. No one in America can have financial freedom from 3k a month, even if most of the time it seems like it's enough for them. Sooner or later they'll run into a problem where their money isn't enough for the best solution. Financial freedom means money is never a barrier to real problems

  21. Neil I've been watching your vids for the last couple of months and they always are great! I love that they are short bc we're all busy. But this one really rocked. I loved that you are real, and give more than the average stuff. Can't understand why you are doing this bc you already got game, but I'm glad your vids are here.

  22. Hey, Neil–I subscribe to your marketing newsletter via my work email and you've never let me down. This post in particular, though, really caught my eye. I currently have about 89 followers on Pinterest and though I haven't yet shared links to my WordPress, Redbubble, or FineArtAmerica sites, I'm beginning to think I could, thanks to you! I was going to ask you if it is possible to find different affiliates for each Pinterest board but after Googling "affiliate marketing for Pinterest," I found links to other sites with detailed steps on how to go about doing just that. I am definitely going to pursue this idea, and would like to thank you for all of your incredible posts. You rock!

  23. Nice, richtig gutes video und wertvolle informationen! 😉 vielleicht auch mal beim Kanal von Roland Leonardo vorbei, wirklich cooler typ und er hat auch ziemlich gute tipps.

  24. Love your advice! Great info! Interested in linking up with this chic who doesn’t have the audience 😉😂. 👌🏼

  25. Thanks for this. I want to try a few of these (2), but have no idea how to approach companies so I can do this. Any tips for writing e-mails etc?

  26. Hi Neil, I have recently become a "free-agent" (got fired) and am looking to switch gears so I can stay home with my girls and possibly start a photography business. I'll look forward to maybe seeing some content on how to start that up. Or do you know of anyone who currently has a successful business doing freelance photography? Thanks!

  27. How do I get my videos looking like yours? The lighting is perfect and it doesn’t throw you in the background.

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