As Social Network grows, we hear that many of them are making money from advertising.
Facebook makes billions from ad revenue alone and along with Pinterest (Deer, 2015, June 14) they’re also pushing into making money from direct purchases using sponsored websites with Buy buttons.
Twitter had also been planning to do the same thing since June 2014 as well (Deer, 2014, August 25) and as they ramp up towards their second attempt (Deer, 2015, October 11) at an IPO (Initial Public Offer), they’d increasing their push to get more people to advertise on Twitter.
Even LinkedIn (Deer, 2015, October 9) is getting in on the action, revamping their Messaging feature to include emojis and other modern accoutrements that Millennial job seekers love.
But wouldn’t it be cool if your Social Network shared some of that ad revenue with you as it grows? After all, it’s your content and technically your intellectual property that you’re posting on the Social Network that’s attracting people in the first place.
How to make money from posting your Content on a Social Network
Turns out there are Social Networks that do this, (Butters, 2015, June 9) four (4) to be exact:
Yes, you’ve probably never heard of them. But these four (4) Social Networks may be the future model of how Social Networks with a conscience work, sharing revenue directly with users instead of exploiting them.
Please note the emphasis on original content; you cannot repost other people’s videos, photos, audio or blogs; it has to be originally created by you to be paid and is similar to how YouTube lays down the rules (Deer, 2015, July 1) for original quality video content.
In the case of Tsu, which is an invite-only Social Networks, the idea is that your content, be it videos, photos, audio or even a blog post is really owned by you and as the original copyright owner, you must be likewise share in the company’s ad revenue.
In fact, 90% of the ad revenue generated on Tsu is given to its members.
Because of the invite only nature of this Social Network operates a lot more like a Communal YouTube where member get paid for sharing content with the revenue being divided among its members. On top of being paid for content, you also get paid to invite people to Tsu as well.
Their payments structure (Sorokina, 2014, November 29) is explained in the infographic below.
Thus when you hit the magical US$100 mark, the creator gets 45% in their Paypal Account (Deer, 2015, September 9) and his invites get the other 45% trickled down to them, thereby encouraging them to invite other as well as become creators of original content as well.
Because of the monetary inventive, it empowers users to not only post their best content but also invite like-minded people who also produce original content, who become part of your family in a kind of pyramidal network.
Bubblews, which started in June 2014 (Cosco, 2014, July 24), was able to attract some 200,000 users within the first week. Like Tsu, they treat creators as equals. Members share in their ad revenue (Sorokina, 2014, November 29) and thus make money from your original posted content, just not to the point where it can become a source of income.
To quote Bubblews CEO Arvind Dixit, they’re not out to make money from you, but with you: “No one should come to our site in anticipation of being able to quit their day job. But we are trying to be fair with our users. Social networks don’t have to be places where you feel like you’re being exploited”.
Content creators are paid US$0.01 per click for their original content, which can be videos, photos, audio or even a blog post. For them, payouts to your Paypal account start once you hit the US$50 mark and this isn’t invite only, so you can actually log in and join.
They also have a hashtag system that’s based on the “+” symbol, most likely in tip of their hat to Google Plus (Deer, 2013, September 16), which could have also made their Social Network pay creators for their work but didn’t.
Social Networks that pay you to view advertising – Mobile Social Networks and payment in Bitcoin
But what about being paid in cryptocurrency, like Bitcoin (Deer, 2015, January 11), which Microsoft has switched to using?
Bitlanders is a Social network that’s forward-thinking in this respect, opting to pay its members using either in their Paypal account or via Bitcoins, which are an increasingly popular payment option online.
You get paid for posting videos, photos, audio or even a microblogs with up to 160 characters (Sorokina, 2014, November 29), reminiscent of Twitter. Your payscale is determined by your Buzzscore, which is a ranking from 1 to 100.
Best of all, you don’t have to wait till you reach a large figure like US$100 to get payouts to your Bitcoin wallet or to your Paypal account; payouts start as low as US$10. Finally for those mobile only peeps, there is Bonzo Me, a Social Network that pays you to review Mobile Video ads.
Members qualify by posting videos, photos, audio or even blog posts that pass a certain viewership threshold and content standards. You’re then quizzed to determine what demographic profile suits you best.
Once that’s completed, Video ads are tagged to your profile which you then view on your smartphone and rate, a task for which you get paid 80% of their ad revenue. Apparently this information is sold to ad makers to give them an idea of how effective their advertising is, thus allowing them to make improvements.
Members also increase their traffic by creating survey question for other members on Bonzo Me based around their content which they’ve posted, which I must point out, has to be original. They can also increase their revenue by making their Bonzo Me posts public, promoting their content and thus increasing their viewership threshold and thus their money earning potential from rating ads.
So who said you cannot make money from posting on your Social Media? These four Social Media websites prove that you don’t have to be a victim of Social Networks making ad revenue from your Social Media posts, special if you post original content.
You too, can claim your rightful stake in their earnings by being paid for your original content.
Deer, L. (2013, September 16). How to integrate a Facebook Fan Box or a Google+ Plus Box in Blogger to increase Blog Traffic – The power of a Dedicated Social Media Profile Page. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2013/09/how-to-integrate-facebook-fan-box-or.html
- Cosco, J. (2014, July 24). These Two Social Networks Will Make You Money. Retrieved from http://www.businessinsider.com/Social-networks-make-you-money-bubblews-bonzo-me-2014-7
- Deer, L. (2014, August 25). Twitter’s one-click Buy Button – How One-Click E-Commerce is Twitter’s Great Smurfberry Scam Confessions of a Shopaholic. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2014/08/twitters-one-click-buy-button-how-one.html
- Sorokina, O. (2014, November 29). Everything You Need To Know About Tsū And Other Social Media That Pays You. Retrieved from http://blog.hootsuite.com/need-2-know-tsu-Social-Media-pays-users/
- Deer, L. (2015, January 11). Microsoft accepts Bitcoins for Purchases – Napster of Cryptocurrency set to explode in Jamaica in 2015 Year of the Sheep. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2015/01/microsoft-accepts-bitcoins-for.html
- Butters, K. (2015, June 9). Getting Paid For Your Posts: 3 Social Networks That Reward Content With Cash. Retrieved from http://blog.getresponse.com/getting-paid-for-your-posts-3-Social-networks-that-reward-content-with-cash.html
- Deer, L. (2015, June 14). Pinterest launches Buy Button – Why @Pinterest “Buyable Pins” will work thanks to Confessions of a Shopaholic. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2015/06/Pinterest-buyable-Pins.html
- Deer, L. (2015, July 1). US$750,000 for Jamaican Dancehall and Reggae Artiste on YouTube Streaming – How to drive Traffic to your YouTube Page and make money from Advertising. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2015/07/Jamaican-Dancehall-Reggae-Artiste-YouTube-Streaming.html
- Deer, L. (2015, September 9). How Jamaicans can make money online – Setting up a Paypal Account. Retrieved from https://lindsworthdeer.wordpress.com/2015/09/09/how-jamaicans-can-make-money-online-setting-up-a-paypal-account/
- Deer, L. (2015, October 9). LinkedIn Instant Messaging and Private Groups – Why Stickers and Emoji for Professionals has a Jamaican Touch. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2015/10/linkedin-instant-messaging-and-private-groups.html
- Deer, L. (2015, October 11). Why Twitter shouldn’t Remove 140 character Limit – How Custom Twitter Bots and TV Ads can increase Twitter’s Subscriber base. Retrieved from http://mythoughtsontechnologyandjamaica.blogspot.com/2015/10/why-twitter-shouldnt-remove-140.html