While popular media publications like Forbes and Wall Street Journal have always been prominent sources of financial information, the younger generation is turning more towards social media for financial investment information.
A recent study conducted by Motley Fool reveals that 75% of millennials and 91% of Gen Z respondents have used social media to gain investment information more than any other source available. But do you wonder why these stats are so high?
Professionals suggest that this trend has risen since financial content has become easily digestible and much less tedious. Financial content creators help their audience acquire financial information quickly and freely whenever they want to.
If you’re one of them, here’s how Super Profile can help:
Become A Financial Affiliate
Many websites like Investopedia, The Points Guy, NerdWallet, and more provide affiliate programs that you can promote with your financial content on your social profiles or anywhere else. It’s one of the best ways to make money as a content creator if you have an audience who believes you.
Through Cosmofeed’s Super Profile, you can put your sponsored affiliate content right in front of your audience with a dedicated landing page. This way, you can convert your new and existing audience alike into your affiliate sales and bank in some cash through value.
Display Advertisements on Your Content
When you think of advertisements, you may expect some AdSense-related stuff here, but we want to expand its potential beyond a specific channel. Podcasts are a great way to advertise for brands while keeping your audience engaged throughout.
If you run a financial podcast, you can promote a lot of products like Insurance, Mutual Funds, and more by adding sound bites to your content, just like ads in radio commercials. Even YouTube offers a display advertisement feature for its content creators.
And if you’re wondering how Cosmofeed can help with all this, it acts as a medium through which you can direct traffic to your sponsored content with display advertisements and make more money with a higher CTR.
Publish Sponsored Content
Sponsored posts are the holy grail of social media marketing, and there’s a lot of money you can tap into here by just being valuable to your audience. The best thing about sponsored content is that it works everywhere, whether you have a YouTube channel, a blog, or an Instagram handle.
You can create financial posts, series, or stories on platforms like Instagram with sponsored links or brand mentions. Likewise, you can make videos around sponsored topics if you’re a financial influencer on TikTok or YouTube.
Cosmofeed’s versatile interface allows you to add videos to your Link-in-Bio page, which can be very helpful for promoting sponsored content on your social channels.
Sell Courses, Subscriptions, eBooks
What people love the most about social media is that it provides a platform for people with specialized expertise. If you’re a financial guru looking to make money off your wisdom, consider selling digital products around your educational content.
In fact, it’s common for financial influencers to come up with their courses, premium eBooks, and access to exclusive communities as a way of monetization. You can also use Super Profile to host your course and share it with your audience with a unified link.
Become a Brand Ambassador
While being a brand ambassador correlates significantly with sponsored content, it depends majorly on your relationship with a brand. There’s a lot of money to make here, but you must develop and nurture your partner brands for the long term.
The minimum number of deals an influencer may sign ranges from 6-12 months. Apart from that, you also often appear on the brand’s social media channels and gain exposure through it. You can also use Super Profile to bring your partner brands in front of your audience.
Final Words
So how do financial influencers actually make money? You can, in fact, create multiple streams of income with your finance content. And when you combine your effort with Super Profile, you can easily make the most out of it.
