AFFILIATE MARKETING
How to Generate Income Through Social Media Platforms | by John Edwin Abutu | Apr, 2023
The power of social media has revolutionized the way we communicate, interact, and do business. Social media platforms have become a crucial part of our daily lives, providing us with endless opportunities to connect with people, share information, and express ourselves. With the rise of social media, a new era of entrepreneurship has emerged, where individuals can leverage the power of these platforms to generate income and build their own businesses. In this article, we will explore how you can generate income through social media and the strategies you can use to succeed.
Social media platforms have become a goldmine for businesses and individuals looking to generate income. According to a recent study, there are over 3.8 billion social media users worldwide, making it the largest pool of potential customers and clients. With such a vast audience, social media platforms have become a powerful tool for marketing, advertising, and selling products and services. Whether you’re a freelancer, an entrepreneur, or a small business owner, social media can help you reach your target audience and grow your income.
One of the most popular ways to generate income through social media is by becoming an influencer. Influencers are individuals who have built a large following on social media platforms such as Instagram, TikTok, and YouTube. They use their platform to promote products and services to their followers and earn money through sponsored posts, affiliate marketing, and brand partnerships. Influencer marketing has become a multi-billion dollar industry, with brands investing heavily in influencers to promote their products and services.
To become an influencer, you need to build a strong following on social media. This requires creating high-quality content that resonates with your target audience, engaging with your followers, and staying consistent with your posting schedule. You also need to identify your niche and focus on creating content that aligns with your interests and expertise. Once you have built a significant following, you can start monetizing your platform by partnering with brands and earning money through sponsored posts and affiliate marketing.
Another way to generate income through social media is by creating and selling digital products. Digital products are products that can be delivered electronically, such as e-books, online courses, and software. With social media, you can easily promote and sell your digital products to a global audience. You can also use social media to build your email list, which is essential for promoting and selling your products.
To create and sell digital products, you need to identify your niche and create content that provides value to your target audience. You also need to invest in high-quality tools and software to create professional-looking products. Once you have created your digital products, you can start promoting them on social media and using paid advertising to reach a wider audience.
Affiliate marketing is another popular way to generate income through social media. Affiliate marketing is a type of marketing where you promote other people’s products and earn a commission for every sale made through your unique affiliate link. Social media platforms such as Instagram and YouTube are perfect for affiliate marketing, as they allow you to promote products to a large audience.
To succeed in affiliate marketing, you need to identify products that resonate with your audience and align with your niche. You also need to create high-quality content that promotes the products in a genuine and authentic way. You can also use social media ads to reach a wider audience and increase your commissions.
In conclusion, social media has become a powerful tool for generating income and building businesses. Whether you’re an influencer, a digital product creator, or an affiliate marketer, social media provides endless opportunities to reach your target audience and grow your income. To succeed in social media, you need to identify your niche, create high-quality content, engage with your followers, and stay consistent with your posting schedule. With the right strategies and mindset, you can leverage the power of social media to achieve your financial goals and build a successful business.
AFFILIATE MARKETING
Campbell’s Soup Is Trying to Change Its Name. Here’s Why.
The 155-year-old Campbell Soup Company, the first to bring canned soups to the market, wants to drop the “Soup” part of its name and go by just the Campbell’s Company. Shareholders can vote on the suggested name change in November at Campbell’s annual meeting.
The request reflects Campbell’s broader strategy to expand beyond soup and into higher-growth categories, like snacks, which have shown promise. Snack sales grew 13% for the company last year while soups grew 3%. Nearly 48% of Campbell’s net sales came from snacks in fiscal year 2023. Meanwhile, Campbell’s Goldfish brand reached annual net sales of $1 billion in March, a feat only attained by one other product from the company: its iconic red-and-white-labeled soup.
Campbell CEO Mark Clouse said at an investor event on Tuesday that the “subtle-yet-important” name change more accurately reflects “the full breadth of the company’s portfolio.” Earlier this year, Campbell acquired Sovos Brands, the company behind the Rao’s sauces, Noosa’s Yoghurt, and Michael Angelo’s frozen entrees brands, for $2.7 billion.
The company has also made other acquisitions, like a $4.87 billion deal for snack company Snyder’s-Lance in 2017.
Campbell’s Tomato Soup. Photo Credit: Richard Levine/Corbis via Getty Images
Campbell executives said on Tuesday that they see stable sales in soup, 3% to 4% annual growth in snacks, and 1% to 2% in meals and beverages.
Even though the company assumes no annual growth in soup, it continues to innovate and invest in the category. Campbell recently introduced new spicy soup flavors, including the Ghost Pepper Chicken Noodle soup, to appeal to younger shoppers. Older populations usually buy more soup, so sales in that category could rise from groups like older millennials, the company said.
Campbell’s fourth-quarter earnings for the three months ending July 18, 2024, show that total net sales were up from the previous quarter, from $2.068 billion to $2.293 billion.
“For the last five years, we have been on a transformative journey to redefine our company,” Clouse stated.
AFFILIATE MARKETING
Apple Adds AI Writing to iPhone 16 for Texts, Emails
AI can write emails. AI can write songs. AI can suggest writing improvements that go beyond spelling and grammar to word choice.
As big tech companies like Google, Microsoft, and Apple roll out their latest AI features, one use case of AI keeps coming up: AI can write. It’s sometimes so good that job seekers have asked it to write their resumes and cover letters, and new technologies have rolled out to detect AI’s presence.
Related: These 4 Words Make It Obvious You Used AI to Write a Paper, According to New Research
Easier writing is a key selling point of Apple’s AI, Apple Intelligence, featured in the new iPhone 16 released Monday. Apple Intelligence is “built into your iPhone, iPad, and Mac to help you write, express yourself, and get things done effortlessly” according to its product page.
Apple said the AI can help upcoming iPhone 16 users draft emails and texts.
iPhone 16. Credit: Apple
Apple isn’t the first to focus on writing as an AI use case: Google ran an ad at the Olympics last month about how its AI could write a fan letter from a child to her Olympic hero — sparking conversation about what would happen when the Olympian held a stack of fan letters that sounded the same.
“As more and more people rely on AI to generate their content, it is easy to imagine a future where the richness of human language and culture erode,” Shelly Palmer, professor of advanced media in residence at Syracuse University’s S.I. Newhouse School of Public Communications wrote in a July 28 blog post.
Though Google ended up pulling the ad after public backlash, the future the ad portrayed — of young people turning to ChatGPT instead of puzzling through how to say something themselves — is fast becoming a reality.
ChatGPT has over 200 million weekly users, over 60% of which are under 34 years old. Nearly one in three users are under 24 years old.
Related: Can ChatGPT Help Start a Business? I Tried the Latest Version, GPT-4o, to Find Out.
Research published earlier this year shows that university students who rely on ChatGPT experience poorer academic performance and memory loss. A separate study found that the top uses of ChatGPT were creating content, responding to emails, writing cover letters and resumes, and coming up with ideas.
AI opponents point out AI’s writing abilities may be based on copyrighted works used by big tech companies without credit or compensation awarded to the people who wrote these works.
“To add insult to injury, the bot is being trained on pirated copies of my books,” author Margaret Atwood wrote in a 2023 article for The Atlantic last year about the issue. “Now, really! How cheap is that? Would it kill these companies to shell out the measly price of 33 books? They intend to make a lot of money off the entities they have reared and fattened on my words, so they could at least buy me a coffee.”
AI supporters say that the anti-AI group is “classist and ableist.” The organization behind National Novel Writing Month (NaNoWriMo) defended AI writing last week, for example, by saying that “not all brains have [the] same abilities” and some need “outside help or accommodations” to write. Disabled writers took issue with the remarks, as well as NaNoWriMo sponsors, and the organization has since changed the wording of its stance and apologized.
Related: Klarna CEO Says AI Could Help Reduce Company Headcount By 50%
Then there are more neutral issues with AI, like estimates that AI systems could run out of free training data within the next two years, leaving open the question of what kinds of data to use next.
AI-generated content has steadily risen to the top of Google searches, doubling from about 7% in June 2023 to 14% in June 2024.
AFFILIATE MARKETING
One $40 Payment Can Get You Lifetime Access to Microsoft Office Professional 2021
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For entrepreneurs, freelancers, and small-business owners, managing software costs can be quite the balancing act. While subscriptions such as Microsoft 365 offer things like cloud storage, they also come with an ongoing cost that can be hard to justify.
That’s why Microsoft Office Professional 2021 can be a terrific option. It offers a comprehensive suite of productivity tools with a lifetime license—and for a limited time, it’s available for just $39.97 (reg. $219) through September 29.
Unlike subscription models, Microsoft Office Professional 2021 is a one-time purchase that lets you access all the essential Office apps you need—Word, Excel, PowerPoint, Outlook, Access, Publisher, and OneNote—without worrying about recurring fees or future price hikes. This means you can use these tools indefinitely on your Windows PC without needing to renew your license each year.
One of the biggest advantages of this lifetime license is that it allows you to avoid unpredictable subscription renewals. It’s perfect for professionals and entrepreneurs who want to keep their budgeting simple and predictable, with no surprises down the line.
Additionally, owning your software outright gives you a greater sense of control and security. There’s no need to worry about losing access to your Office suite if you decide not to renew a subscription or if prices change in the future. Once you’ve purchased Microsoft Office Professional 2021, it’s yours forever, offering peace of mind and stability in an ever-evolving software landscape.
Keep in mind that this offer is only available for Windows users, and you’ll need to have Windows 10 or 11 to activate the license. If that sounds like your setup, this is your chance to invest in a software suite that has been trusted by millions for decades—all for a fraction of the regular price.
Get a lifetime license to Microsoft Office Professional 2021 for Windows for just $39.97 (reg. $219) through September 29.
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