Do you want to make money from your Facebook, Youtube, Twitter, Instagram, Vine or even with your Tumblr account?
And… Yes, you don’t need to have a blog to get started with this what I’m sharing today will add a great revenue stream for you.
Sponsored posts are nothing new is a common term in the field of online advertising. Here at ShoutMeLoud, we get offers starting from $1000 for a sponsored post now things have already moved to another platform. Now, one can get sponsored post for their social media channels all you need is an active profile on any of the above mentioned social network with more than 1000 followers. I believe Twitter Youtube would be the easiest one to get started with this. The new monetization technique which I’m sharing you with today is call Social media monetization the network is call Famebit.
What is Famebit how you can make money from it?
Famebit is a platform which connects social media influencer with brands. The cool thing is, you don’t have to be the most popular person to be a social media influencer. I will explain more about it later, but for now, let me explain what Famebit is how it works.
Famebit helps you to get sponsorship for your social media channels you can earn handsome amount of money using this platform. As a brand, you can find influencers to talk about your product on various social networking sites.
This a self-serving marketplace easy to get started with. Famebit was initially started focusing on Youtubers now it supports more social networking sites. You only need 1,000 followers on a channel to connect and start sending proposals.
The very first thing you should do after signing up for Famebit is, update your profile. Write a compelling bio link with all your social networking profile which has a minimum of 1000+ followers. Here is a video that shows how to utilize Famebit public profile feature:
Here is how you make money from Famebit:
Once you have created an account on Famebit (Free registration), you can access their marketplace instantly. Here you can browse the brands who are looking for influencers to talk promote their product. You will find products related to almost all popular niche such as technology, gadget, Beauty, Fashion, Pets many others.
You can always sort the offer based on targeted social network, niche pricing. You can click on details to see more about the sponsorship from here you can contact the brand with your idea of promoting them.
Click on Send proposal share your ideas with the brand on how what you would be doing. I will share smart tips on sending Famebit proposal in upcoming posts, for now here is just a sample rough proposal which I created for Fiverr. It’s a good idea to include your past work, what brands can expect some more data based details to get acceptance for your proposal.
Note: This is just a rough draft I created for this article. I would suggest you to use something more creative data driven in your proposal. This is how the brand would see your proposal.
You can send the proposal to any number of companies I would recommend you to use your template for sending proposals. Study the brand, come up with a unique idea that can do wonders for you.
- Once your proposal is accepted, you work on the promotion plan share the draft with the company using Famebit dashboard.
- Once that is accepted, you can go live with it.
- Do note, once you submit the content on your channel, the company who sponsored your content is the copyright owner of it. They can reuse it for their other media campaigns. For the first timer, it’s a good idea to read the terms of Famebit.
- Famebit charges 10% of the sponsored fees for providing this platform to connect influencers with brands.
- You can also download the official Famebit iOS app from app store.
- Payment is made via PayPal or check.
Tip: On Famebit, you also get physical product to try review. So at times, it’s ok to keep your proposal price low get the review product for free.
Overall Famebit is one of those monetization technique which is not limited to bloggers. Anyone who is active on social media platforms like Youtube, Facebook, Twitter few more can earn decent income out of it. Especially a Youtuber can earn anywhere between a minimum of $10 to $20,000. For Youtubers, I recommend using this 3rd party tool call TubeBuddy to grow their channel fast.
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