Many of us spent a Bunch of our time on social media. Nowadays, most of our time is spent on Snapchat, Instagram, Facebook, etc. We use these platforms daily but, we might have or never have to think about using these platforms to earn money.
In this article, I will share how you can make money using Snapchat. Snapchat is the youngest of the social media powerhouses that is taking the industry like a storm.
Snapchat is sure to hold its position for a long time, as it is valued at 15 billion dollars. It is one of those social media platforms that you can use to earn money. The question here is: what are the methods by which you can make money using Snapchat. Well, don’t worry about that because, after reading this article all doubts will be cleared.
There are several different methods by which you can use to make money on Snapchat. I will tell you 5 Excellent Ways of Earning Money from Snapchat. Read this article completely to know how to make, one using Snapchat. Firstly you need to know that what is Snapchat and how it works.
What is Snapchat?
Snapchat is a platform that allows you to send photos and videos to your friends and followers. You can add masks, filters, emojis, captions, drawings, and much more. These are accessible to all your followers for a short period of time. When times up it is no longer accessible to your followers.
Based on this simple concept, Snapchat is established in 2011. Snapchat quickly becomes a massive player in the world of social media.
How Snapchat Works
Snapchat allows you to communicate via pictures and videos, sending messages to your friends in a visual format. Snapchat has also introduced a “Chat” feature through which users are not required to send visual information and communicate through texts, as you do with other platforms.
The difference between Snapchat and other social media platforms is that all the snaps and chat are deleted over time unless you will save them in chat. After a few seconds, everything would be deleted. If you save your snaps and messages in the chat, so they won’t be deleted.
How to Make Money from Snapchat
The ways to make money from Snapchat, are different from other social media platforms, largely due to the difference in how are messages sent on it. Some specific ways on how to make money on Snapchat are listed below :
1. Snap Ads
Snap Ads are a great way to promote any services or products you offer. Snap Ads have a click-through rate that is five times as high as other equivalent platforms. Running ads for your business, a specific product, or the services that you offer. You can send Snapchat users anywhere you want then to sign up for something or to potentially purchase something.
According to the reports, between 500,000 and 1 million Snapchat users check snap ads every single day, so you will definitely have an audience. Make sure, to target them towards the main demographic, using the platform.
2. Affiliate Marketing
Snapchat is a great outlet for affiliate marketing. Affiliate marketing involves promoting other companies’ products and being paid each time someone purchases a product through you.
As an affiliate, you will find some companies that will match your niche. Then, you will have to sign up for their affiliate program, which every company has. It’s completely free to do so. You will send URL links to products of the company that you can use. Every time someone uses your given links to purchase a product, you will be given commissions. Some companies even pay for a view.
3. Snapchat Spotlight
Spotlight is a brand new Snapchat feature. Spotlight is a feature in which Snapchat asks you to submit your photos and videos, for the opportunity to earn a shore from $1 million that Snapchat is distributed among its creators every day.
Submitting snaps to spotlights is for content creators who want to win a portion of that $1 million. Snapchat uses an algorithm to see which snaps get the most views and engagement to reward them the highest payout.
4. Sponsored Posts
Sponsored Posts work exactly like these kinds of posts on other platforms. It is that a company or a business would pay you to advertise them by promoting their services or products by posting content. Prices for this can vary depends on whose posting your sponsored content. The bigger audience you have the more you can charge them.
5. Sponsored Lenses
Sponsored Lenses are mostly confused with filters. Lenses are special effects that you add to your photos and videos. Lenses, however, can change the sound of your face, the appearance of your face, and much more. Businesses can pay you for sponsored lenses that users then access to promote what the company offers.
In this article, I have explained to you in detail 5 Excellent Ways of Earning Money from Snapchat. You can follow these instructions to earn money. These all the methods are absolutely right.