What is the best way to monetize on social media? (Instagram)
E-commerce is a growing field for entrepreneurs and business focused personalities. There are several e-business models that target specific segments utilizing different business processes. The question becomes what the most effective way is to monetize your content on social media. When delving into this question, I specifically focused on Instagram as it is a mass platform featuring almost every niche you can think of. There is also no start-up cost to creating a page on Instagram and building a following. The obvious factor most of us can agree on being the biggest impact is your ‘following’. This is just a core principle in business. The more customers you have the more money you will make. I guess the same applies to your page. You can look at your following the same way you look at customers. Another important factor I observed was the niche your in. Again, just like a real business, your niche and field matters. More money can be made in a niche that features products and serv...