The rise of social media meant the fall of untold hardship.
WhatsApp is arguably one money-making tool that a lot of people hardly see as a money-making tool. It is, however, undeniably the world’s fastest-growing communication app.
In the blink of an eye, we could now send text messages all over the world- with little charges and greater efficiency.
In the blink of an eye, we could now send text messages all over the world- with little charges and greater efficiency.
And with each passing year, social media platforms are being progressively incorporated into our everyday life. Just imagine a month without access to Facebook, WhatsApp, or LinkedIn. How does it feel? Feels like boredom untold, doesn’t it? Oh yes!
Welcome to the 21st century, where we check our WhatsApp and Facebook notifications before even fully waking up.
In the blink of an eye, we could now send text messages all over the world- with little charges and greater efficiency.
With this in mind, the escalated user engagement rates on these platforms wouldn’t amaze you. Hence, a single question comes to mind: How do we monetize these platforms?
Unlike Facebook and YouTube, which give their content creators access to ad revenues, WhatsApp doesn’t allow for commercial transactions or ads.
However, what if I told you that you could use your WhatsApp account to pay your bills? Yes, you can.
As long as you have some basics in place; basics such as a very long contact list and groups filled to the brim.
Have you got those?
Let’s get right into it!
Contents
Proven Ways through Which You Could Make Money from WhatsApp
Unlike Facebook and YouTube, which give their content creators access to ad revenues, WhatsApp doesn’t allow for commercial transactions or ads.
1. Short links
Undoubtedly, this is one of the most popular- and easiest- ways through which you could monetize your account. If you are a frequent user, chances are you might have clicked on a short link sent by a friend before, without even knowing they were making money off you.
What are short-links anyway? Simply put, they are abridged links to a website. Typically, a link to a story on the net could be tens-of-letters long. With a short-link, you could be up for a minimal combination of alphabets and numbers.
Although both links lead to the same story, one is shorter- and rests better with the eye- while the other is longer and often creates mixed emotions.
Now you know what these links are, how do you make money off these links?
Once you register on any link shortener, you can begin sharing shortened links with your WhatsApp contacts and group chats. Once anyone clicks on these links, they are shown a few adverts before the actual content. Through these adverts, you could earn massive passive income.
Here are some popular link shorteners (that pay) which you should check out:
Once you have gotten your content that’s worth sharing, shorten the links on the platforms listed above.
So, do you have any story you think your contacts should read? All you need to do is put in some details, shorten links to the site and start making money off your WhatsApp list!
2. Affiliate links
Once again, this involves the sharing of links—just that the mechanism involved here is a bit different. When you share affiliate links, you bring in the potentials of affiliate marketing into your passive income strategy.
So, what is affiliate marketing?
Affiliate marketing means the act of promoting a specific product for a company, and then receiving a commission when the person who you referred buys the product. However, this doesn’t lead to inflation in the price of the commodity.
To make money off this means, you’ve got to register on an affiliate program first.
Here’s a list of high-paying affiliate programs:
- Amazon Associates
- CJ Affiliate
- Clickbank
- Shareasale
- eBay Partner network.
Are you registered on any of these platforms? If so, good. If not, what is stopping you?
Here’s a brief rundown on how you can make some bucks off affiliate marketing:
We all know what our friends are craving to buy; Those things they hold in very high esteem and could have in exchange of their birthrights. Yeah!
Now, go find out a company that provides that service on an affiliate network that you subscribed. Please copy the link and share it with the friend.
If the person makes a purchase, you make some extra bucks- at absolutely no additional costs to your friend.
So, you see: affiliate marketing is not a scam! If your friend was a phone, and a company a power socket, in affiliate marketing, you would be the connecting charger!
3. Drop-shipping
Asides affiliate marketing, another route through which you could simultaneously help your friends while making some bucks, is drop-shipping.
Put merely, drop-shipping is a system in which the retailer doesn’t keep the goods, but rather, transfers customer orders directly to the manufacturer or another retailer. With services like Shopify, you can easily create an online shop and begin drop-shipping.
In drop-shipping, you need not have a product that you sell. Create an online shop, copy products from other suppliers into your online shop, and share the link with your WhatsApp contacts. If you receive any orders, the goods are shipped from the suppliers, directly to the customers- and you earn your bucks!
4. Market your service
Instead of sending affiliate links to your contacts, you can choose to market your services. In this method, you can be in total control. If you offer a product or service, advertise yourself on your status, or send your business cards out to groups.
Here’s a pro tip: Always join groups that are peculiar to what you offer. In other words, if you are a fashion designer, join groups that discuss issues relating to fashion designing.
Become a WhatsApp marketer
Do you know that people pay others to advertise their businesses for them on WhatsApp?
Yeah! They do.
Here, you are running ads for other businesses. You could put this form of earning side-by-side with having ads on your Facebook or YouTube videos. To maximize this earning, be sure to have lots of contacts on your phone.
Note: The more extensive your reach, the higher your earnings.
Conclusion
Isn’t it evident that WhatsApp is more than a medium that connects you and your loved ones? Undoubtedly so, if truly maximized, you would be able to earn massive passive income from this platform.
So, what would be your first step on your journey to earning from WhatsApp?
