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Learn the steps that you need to take to get started on social media. I’ll show you what to consider before monetizing, and how to start.

vector graphic showing an illustration of a man and woman using magnifying glass and binoculars for social media monitoring

Steps to Get Started Making Money on Social Media

Before you read any further, we should warn you that making money on social media isn’t easy, at least initially.

You’ve got to put in a lot of effort to build up an audience from scratch, and it takes time.

But if you’re willing to show some grit and grind out those followers, then you’ll be on your way to creating a steady flow of cash to your bank account.

All you have to do is follow the steps we’ve outlined here.

1. Choose a Platform

While you’ll want multiple platforms to build off of, you’ll need a “main” platform to stem your success.

This is where you’ll spend most of your time and effort.

For example, if your goal is to be a big-time Youtuber, then your platform is obviously going to be YouTube.

Everything is just the cherry on top.

2. Create a Social Media Account

You need to compliment your chosen platform with social media accounts.

Social media have algorithms and metadata you can input (such as hashtags), which makes being found on them monumentally easy if you know what you’re doing.

This is a great way to market your content and is one of the best ways to be found.

Plus, most social media platforms are free to use.

3. Build an Audience

Now that you’re all set up, it’s time to build an audience.

This means consistently posting quality content and then promoting it on your socials.

Try to always respond to comments/DMs and make real connections with the traffic on your platforms.

4. Boost Audience Engagement

The one thing you don’t want is a stagnant audience.

There are a variety of ways you can boost audience engagement which can be as extravagant as giveaways and contests or as simple as prompting your followers to leave a comment.

Don’t be afraid to get creative here.

Unique ideas are your key to separating your content from everyone else’s and increasing overall engagement.

5. Join an Influencer Network

You don’t have to do everything alone.

Joining a community of like-minded influencers can be mutually beneficial for all parties involved.

Creating a network will allow you to build off of each other’s followings and exponentially expand your reach.

Additionally, this opens the gateway for collaborations and business partnerships.

6. Start Monetizing Using the Methods Above

Once you’ve developed an audience, it’s time to start using the methods mentioned above to monetize your content.

Remember to invest most of your earnings back into your craft and never get complacent.

It would be best if you continued to promote your content at all stages of your social media journey and continue to post regularly.