Best Social Media Marketing Jobs in 2020
In 2020, we are seeing more and more people moving to multiple streams of income within social media marketing jobs. This in turn is due to the increased prices of everything nowadays. Food, rent, entertainment, you name it. People need more money. How are people going about doing this?
Making money using social media!
Making money through social media platforms has exploded over the last 5 years. Here are the top 3 Best Social Media Marketing Jobs to pad your pockets a bit more.
Social Media Marketing Jobs #1 | Affiliate Marketing
What is affiliate marketing? Affiliate marketing is when you market and sell another business’s product in exchange for making a piece of the sale when someone buys through your designated affiliate link. Famous companies such as Amazon, Nordstrom and more offer affiliate marketing opportunities in exchange for you promoting their products.
There is a lot of money and income to make through affiliate marketing. It being very easy to become an affiliate and most times, costs nothing to start, it is the one option that has a least amount of profit margins.
Depending on the affiliate marketing company, you can get anywhere from 2%-30% of a sale. Most percentage commissions are on the lower end though. So, with a $20 sale at 10% commission, you will only be profiting $2 for that one sale. The positive side is you do not need to pack and ship the item! Your only job is to sell the product or service.
Social Media Marketing Jobs #2 | Influencer Marketing
Influencer marketing is a bit harder to get started with. Although, it can be more profitable than affiliate marketing. To succeed in influencer marketing, an individual usually begins by growing a social media page (usually Instagram or Youtube) with a large and engaged audience. From there, brands and businesses will see you as a lucrative marketing opportunity and pay you to post images of their product either by itself or posed with you in a lifestyle form of photo.
Brand payments can range from $100 per post all the way up to $1million for some of the biggest influencers in the world (Kylie Jenner and Selena Gomez for example). If marketed well to the right niche, you can potentially close 10+ sales a week! That is close to $1,000 a week for one op the many social media marketing jobs.
Social Media Marketing Jobs #3 | Ad Revenue
Similar to influencer marketing, this option takes the most amount of time and is best practiced on Youtube due to their ad revenue payment structure. For this side hustle, you can get paid just by having a large audience on Youtube and a high count of views on your videos. Even if you do not have a large audience, you can still make a small amount of money even with only having 1000 subscribers.
Just like affiliate marketing there is no up-front costs to start using ads to make ad revenue. Although, it does take a lot of time building a brand and traffic to that brand where you want to use your ad revenue streams. Unlike affiliate marketing this is mainly residue income and no cap on how much you can make.
Final Words on Social media Marketing Jobs
These are just few ways you can pay your pockets in 2020 by using social media marketing jobs. These 3 above are in my opinion the Best Social Media Marketing Jobs in 2020. Find a brand or topic you love, promote it, talk about it, and watch your audience grow. You will be surprised how much side income and potentially main source of income you can make just by being passionate about what you are selling.
A few have asked in the past if they were able to do all three at once. The short answer is YES! Although, my recommendation is start with one and master it. Add another option, then master that one and so on. If you go all in at once your bound to overload yourself with no positive income. This is a marathon, not a sprint. Get rich quick really does not exist.
Author Chris Costello Chris Costello: Chris is the Chief Executive Officer and Founder at SpectSocial. Find him on Facebook @chris.costello.92