In the digital age, learning how to make money online in 2023 is essential for entrepreneurs and content creators alike. With so many platforms at your disposal, determining the most suitable one for your brand & business can seem overwhelming. But the dog days are over my friend, because in this guide we’ll be going through every channel that you should know about and how you can make money from each channel.
Selecting the right channels to build an audience and monetize online
Selecting the appropriate channels is a cornerstone of building a powerful online brand presence.
Every platform comes with its unique advantages and limitations. By carefully looking at each channel, you can determine which channel aligns seamlessly with your brand's mission and objectives.
It's essential to consider your target audience's preferences and behaviors when choosing channels.
Different platforms attract different demographics and user behaviors. By understanding your audience, you can narrow down your options and focus on channels that resonate most with them.
How to make money online in 2023
Diversifying your online presence is essential, but understanding each platform can drastically boost your strategy. Here's a breakdown:
Create a direct bond with your audience, offering exclusive updates & deals.
Affiliate marketing promotions.
Direct product sales and promotions.
Paid newsletter subscriptions.
Blog
Position yourself as an authority in your niche. It gives you complete ownership and control over your content and brand.
How to monetize your blog?
Ad placements and programmatic advertising.
Sponsored content and partnerships.
Affiliate marketing links.
Podcast
Reach a wider, newer audience and build a dedicated community around your brand.
Sponsorship deals
Affiliate promotions within episodes.
Premium/subscription content or early access.
A canvas for your creativity and great for driving website traffic.
How to make money on Pinterest?
Affiliate links within pin descriptions.
Sponsored pins from businesses.
Selling your own products or services by linking to your online store.
YouTube
Create tutorials, reviews, vlogs, and other types of educational content.
Build a loyal following and engage with your audience through comments and live streaming.
How to make money on YouTube?
Ad revenue from YouTube Partner Program.
Sponsored video content.
Channel memberships or Super Chats during live streams
TikTok
Create dynamic, engaging, and shareable short-form content. It acts as an entrance to your multi-channel strategy.
How to make money on TikTok?
Brand partnerships and sponsored content.
TikTok Creator Fund for eligible creators.
Promoting and selling personal products or merchandise.
Use Instagram to foster a vibrant community, showcase your work, collaborate, drive traffic, and monetize through multiple avenues.
How to make money on Instagram?
Sponsored posts and stories.
Affiliate marketing through links.
Selling your products or services.
From building communities to targeting niche interests, Facebook offers diverse monetization options.
How to make money on Facebook?
Ad revenue from video content.
Sponsored posts and branded content.
Sales through Facebook Marketplace or Shop.
Perfect for creators eyeing to root themselves as industry experts. It's a cradle for lead generation, partnerships, and monetizing via services.
How to make money on Linkedin?
Sponsored content or posts.
Offering premium content or online courses for professionals.
B2B services, consultations, or webinars.
Threads/X
Quick updates to keep your brand in the spotlight. Engage in trending dialogues and grow your reach.
How to make money on Threads?
Sponsored content or brand shout-outs.
Promote and sell e-books, courses, or other digital products.
What is the next step if you want to monetize your digital presence?
If after reading this article you’ve decided that it is time to start monetizing your online presence, there are some steps you need to take before.
First of all, you have to make sure that you have a strong and clear personal brand. Remember this doesn’t mean having thousands of followers.
Make sure you have an engaged community, a clear content strategy aligned with your goals, and of course an action plan!
Then, choose one prime channel like a blog & build the audience in a social media channel like Instagram. Then choose ONE monetization method, to begin with. Will it be affiliate marketing or perhaps a digital product?
If you're looking to grow and monetize your online presence, my new program “The AI-Powered Creator-Preneur” is coming in September and the waitlist is officially open.
CLICK here to join the VIP list to be the first one to find out when we open doors & have access to early bird price & other bonuses!
