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When you are settling into the new year, you might imagine the ways your income could grow by 2023. For creators and influencers, there will be new ways to monetize your content.
There are sales options that are not social media-based to achieve the highest income you can earn. is here to unpack methods to make money from your content on your own and boost the amount of money you make in 2023.
The drawbacks of Social Media Monetization
- Advertising and sponsored content limitations The majority of the revenue generated by social media comes through partnerships, ads as well as sponsorships. The opportunities are often very competitive and limit your options.
- Creative Control: Sponsored media content could come with a cost to your brand and creative control. The creators and the influencers could have to filter their content to comply with the rules and regulations of advertisers.
- Changes to Social Media The landscape of social media is constantly changing, and each change has the potential to disrupt your company. You can achieve security and autonomy through earning money outside of social media.
Ultimately, content creators can miss out on valuable income when focusing only on social platforms. Let's look at some of the different ways to boost the revenue of your content by making it monetizable.
Online Training by Content Creators
The content you post is effective on social media for a reason: audiences enjoy the content you post or upload. Unfortunately, when you publish your content on social networks, the majority of the money it earns is destined to the social media platform, whether it's YouTube, TikTok, Instagram, or others. But what if you were able to sell your contents directly to your target audience instead?
Contrary to the social media sites, online course platforms like don't rely on advertising revenues. Rather, you charge customers directly for access to your online courses. Most importantly, does not make a portion of your profit or charge any unnecessary fees--making it easy to grow the amount of money you earn.
Create and sell Subscription Services
Offer Digital Products including Downloads
Digital downloads can offer a variety of advantages, not least how easy to create as well as customers. You can unlock automatic delivery and eliminate the stress that comes with shipping. Your customers also enjoy the convenience of having access to your products in a matter of minutes.
Digital products are also an eco-friendly option to sell physical products. However, there are advantages to both of these sales methods. Let's explore some of the ways physical product sales can increase your profits this year.
Physical Product Sales
While digital products have plenty advantages, conventional customers may prefer a physical copy over a digital one--be it books and music, artwork, or photography. Influencers and creators are able to profit from selling their brand merchandise.
Another advantage to physical product sales is the larger profits per transaction. Physical, homemade products usually have more value than digital versions. However, lower prices on digital products can translate into more sales volume--evening out your revenue over the long term.
Digital and physical sales usually go hand in hand. Selecting an online platform which supports both will boost your sales by more than doubling. In the case of, say, if you are selling online-based courses and also provide additional sales on the equipment and other products that you sell to your clients to succeed.
There are countless ways to mix these two strategies to support the success of both your clients and your company as well.
Expand or Start 2023 Will be Your Best Year Yet With
Whether your resolutions for the New Year comprise:
- Growing your business
- Announcing a brand-new product
- Monetizing your content for your first time
can help.