The popularity of social media platforms amongst consumers coupled with the convenience of online shopping has created a perfect ecosystem for businesses to thrive in the digital economy.
Entrepreneurs as brand ambassadors, professionals as digital marketers and individuals as influencers must master the art of content creation and capitalize on the science of social media platform algorithms to engage with customers.
Social media monetization is effectively the process of generating revenue from your social media audience. This can be achieved in a number of different ways.
Ultimately it will vary based on your product, the social channel you use, the technology available on each platform as well as the most vital ingredient – the level of insight you have on your audience. Knowing WHO you’re speaking to and what their most common challenges, pain points, and desires are should not be underestimated
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