Social media has completely changed the way we interact with each other. It’s a way for people to stay connected and up to date on breaking news across the world. It has also shaped how we spend and make money. Earning a sustainable income on Instagram and Facebook is not a new concept, but many overlook other lucrative platforms, like WhatsApp.
You can make money using WhatsApp, much like other social media platforms. Affiliate marketing, cross-promotion, or sharing short-links are just a few ways that you can skillfully create a passive stream of income through the app.
WhatsApp, as a social media platform, is unassuming. Ads and monetary transactions are not allowed in the app itself, as it is mainly used for messaging and calling. However, learning how to put this unique platform to work for your wallet can be the fastest way to some easy cash if you know what you’re doing.
How much does WhatsApp Pay?
Though WhatsApp does not pay directly, you may use the platform to promote content that will earn you some money. Keep in mind that you can make hundreds of dollars a day just on WhatsApp if you devote enough time and energy to the task.
Affiliate marketing, or selling goods and services from another company, is an extremely popular way to make money on the internet and therefore on WhatsApp. Depending on your audience, the commission amount for the product, and the content you produce, you can generate anywhere between 5% and 20% of your annual revenue– a huge sum.
Other methods, like short-links, require high volumes of traffic for money. The more people that click on the links you share, the more traffic you generate to that domain. You can get as much as $5 per 1,000 clicks. WhatsApp accounts that generate high volumes of subscribers by posting content to their status can also sell ads and make between $100 to $1,000 a day!
Now, don’t forget about yourself. WhatsApp can be a tool for promoting your goods and services, just like anyone else’s. With more than 1 billion active users, you can easily tap into a new consumer network. Sending push notifications, sharing links about products, and interacting with contacts in your phonebook can boost sales and make you more money.
When it comes to getting paid on WhatsApp, you get out what you put in.
Affiliate Marketing
Affiliate Marketing is one of the quickest and easiest ways to make money on WhatsApp. In simple terms, affiliate marketing is the act of recommending products and services to your social network and getting paid a commission on every purchase you generate. Affiliates can make a commission of anywhere from 5% to 50% on the sale of a product!
The best part: affiliates are only tasked with marketing a product. They don’t have to be involved in the logistics of manufacturing and distribution. This means there is no large investment necessary and no real risk involved in getting started. The most important thing to consider before you become an affiliate is your audience.
Though affiliate marketing can eventually be a source of passive income, you will first have to build a network of trusted consumers who want to buy into your personal brand. For this reason, make sure to only recommend products that match your profile or that you are interested in. Consumers can tell when you aren’t being genuine and are less likely to buy.
So how exactly do you start affiliate marketing on WhatsApp?
- Step 1: Find an affiliate program that you like. Some brands manage their affiliate programs, while others are part of an affiliate network. You can browse companies on platforms like AffiliateNetwork to find a brand you may like to work with.
- Step 2: Once you find a brand, join the network and start looking for products or promotions that you would like to market. Each offer or product will have a link specific to you that you will send to your contacts.
- Step 3: Share, share, share! The more exposure you bring to the product or service, the more likely that you attract consumers. Post promotional videos, personal reviews, or tutorials on the product or service on your WhatsApp status. Create a group of consumers you think you might be interested in, and send them the link.
- Step 4: Rake in the cash. For every purchase someone makes using your link, you will be paid a commission.
Affiliate marketing is a great way to monetize your marketing skills, social connections, and create a second stream of income for your bank account. However, it is not the only way you can make money using WhatsApp.
Ad Promotion
Companies will pay big money to get their ads to a greater network of consumers. For this reason, sharing short-links is another quick and easy way to make some extra cash on the app.
Short-links are exactly what they sound like: shorter versions of long URLs. Shorter website links are useful for many reasons. They are more attractive, take up less space, and are therefore easier to post on your WhatsApp status or send in a message. Of course, the best part is you get paid every time someone clicks the link.
How exactly does it work, you say?
Follow these three simple steps, and you’ll be on your way to some easy coins:
- Step 1: Find a paid link shortener, like AdFly, and copy and paste the link that you want to share with your contacts. This can be an affiliate link for a double-win!
- Step 2: Once the site produces your short-link, share it with as many people as possible. Post it on your WhatsApp status, or send it to a group of contacts. The bigger the group, the better.
- Step 3: When someone clicks on your link, they will be redirected to an ad on an intermediate page, then to the destination link. You get paid for every click or every person that views the ad.
Companies also pay out big for those who have a high subscription rate on their WhatsApp status profile. Generating a large following calls for frequent sharing of engaging or relevant content for your contacts. If people consistently like what they see, they will eventually subscribe to get alerts about what you post.
A high following means a wide consumer market for business and a great place for marketing and ad promotion. Companies will pay for you to post their ads amongst content that your contacts have subscribed to see. You can make up to $300 per ad that you post, and therefore more than a thousand dollars a day just by using WhatsApp!
Wrap-up
Knowing how to use your online presence can result in multiple streams of passive income for your bank account. WhatsApp is often overlooked as a lucrative social platform but can be used to your advantage in various ways. If you know what you’re doing, you may even be able to make more on WhatsApp than on other platforms like Facebook and Instagram.
By affiliate marketing, you can use your personal brand to recommend products or services to your contacts by posting to your status or sending direct messages. Skillful promotion and a cohesive brand image can result in high commission rates and more money for you.
Ad promotion is another great way to get extra cash. Sharing paid short links, or using your status to share paid ad promotions, are two more quick and straightforward ways to padding your bank account. Overall, a solid online presence and a strong brand image on WhatsApp can be extremely lucrative in the long run if you just know how to use them.
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