Reddit is one of the most popular and influential websites globally. Launched in 2004, the platform focuses on encouraging users to discover content through interesting stories and informative posts found within the community.
In 2018 alone, Reddit grew its monthly active users by 7.7% to 330 million monthly active users.
With so many people using the site, it’s a great place to advertise. However, instead of selling ads, Reddit lets content creators earn money from their content. In fact, the company’s very name stands for “read it once,” as the site’s top-level domain, reddit.com, is only accessible via the platform’s “read it once” button.
Therefore, if you’ve got a blog or website, you can use Reddit to drive traffic and earn some extra money.
Here, we’ll teach you how to make money online with Reddit. We’ll cover everything from the basics of getting started to the various ways you can make money with the platform.
The Basics Of Making Money With Reddit
Before you start making any money with Reddit, it’s essential to understand the basics. Like most other websites, Reddit is supported through affiliate marketing. This means that whenever someone visits a product or service linked from a Reddit post, the platform will earn a small commission.
While there are a variety of affiliate marketing programs on Reddit, the company’s affiliate program provides marketers with an easy way to make money through affiliate links. When a product is sold via an affiliate link on Reddit, the seller pays the affiliate fee to the manufacturer (product company) plus a commission.
According to Reddit, the average affiliate commission is around 4%. While this may seem low, remember that you’ll be promoting a product you enjoy using or owning.
How to Make Money With Reddit
Now that you know the ins and outs of affiliate marketing on Reddit, let’s get to the good stuff. There are several ways you can make money with the platform, so keep reading.
Make Money With Affiliate Marketing
The first step to making money with Reddit is to become an affiliate marketer.
If you’re unfamiliar, affiliate marketing is a type of advertising where someone earns a commission by referring a product or service they enjoy. For example, if you join an affiliate program for the AmazonBasics shopping cart, you’ll receive commissions on any products someone clicks on (after having purchased some products from Amazon) while visiting your website.
Joining an affiliate program is fairly straightforward. You’ll usually need to create a profile on a merchant’s website if you don’t already have one (like WordPress.com or SquareSpace) and verify your email address. After that, you’ll be able to begin creating affiliate links for products you enjoy using or owning.
The important thing to keep in mind about affiliate marketing on Reddit is that you’ll be promoting a product you enjoy using or owning. This means you can avoid any potential conflicts of interest. For example, if you’re not familiar with the Meili product line, you might suggest someone buys it without fully disclosing your affiliation with Meili. However, if you own or use the product you’re promoting, you can be certain you’ll have no conflicts of interest.
Make Money With Product Reviews
Product reviews on Reddit are fairly popular. If you’ve got a blog or website, you can review products and make money from the resulting sales.
To be able to review a product, you’ll usually want to become a member of the product’s affiliate program. This will then allow you to receive commissions on any sales you make through reviews. If someone clicks on a product you’ve reviewed and buys it, you’ll earn a small commission.
To get started, navigate to the product you want to review. If it’s not on Amazon, you can usually find the same product on another online retailer’s website. Once you’ve found a product you’d like to review, you can click the “Get Started” button to get redirected to the affiliate program’s “Get Started” page. On that page, you’ll see different types of products you can review. Click the “Add Your Product To My List” button for the product you want to review.
From there, you can begin creating a product review for the product you selected. Just keep in mind that Amazon pays the majority of affiliates 70% of the sale price for a product that’s reviewed on their platform. Keep in mind: If you’re ever curious about whether you’ll actually earn money from a product you promote, you can use the Amazon affiliate dashboard to find detailed information about your commissions.
Make Money Blogging
Blogging is a great way to make money online. You can do this through a variety of means, including showing ads on your site, selling and marketing affiliate products, and getting paid to write for large sites like Forbes and USA Today.
Forbes suggests creating a unique value proposition (UVP) for your blog. A UVP is a description of your blog’s unique content that makes it worth reading. It’s a highly effective tool for drawing potential readers into your blog and enticing them to stay for longer.
Your UVP should offer some value that isn’t available elsewhere. If you’re able to create a blog around a certain topic, such as web hosting or SEO (search engine optimization), you can get paid to write about these topics. You’ll also need to build up a following in order to make money from affiliate marketing or selling and promoting products on your blog. If you don’t have a large following yet, try out content marketing, which earns you money without any prior blog experience.
The way blogging works is pretty self-explanatory. If you don’t want to go the affiliate marketing route, you can get paid to post articles to well-known websites. Most of these websites will have affiliate programs you can join to make money from your articles. There are also a variety of platforms designed specifically for bloggers. If you’d like to get paid to write, keep your eyes open for paid blogging opportunities.
Make Money With Surveys
Surveys are another way to make money online. One of the most popular survey sites is Swagbucks. This site allows you to pay real money to take surveys, with rewards ranging from gift cards to cash. One of the best things about Swagbucks is the opportunity to make money from home. You can join the site through their affiliate program and start earning cash quickly.
You simply need to be aware of certain restrictions when making money through surveys. For instance, you’ll need to make at least $25 in a day in order to qualify for a reward. Swagbucks says you’ll need to make around $300 a month to ensure you don’t lose any money. You should also keep in mind that some surveys can be time-consuming. You might need to spend 15-20 minutes a day just to earn enough to qualify for the next reward.
Make Money With Affiliate Marketing On Steroids
Selling affiliate products on your blog or website is one of the most popular ways to make money online. Simply put, an affiliate marketer promotes a product they believe in, and when someone purchases that product via an affiliate link on their site, they earn a commission.
There are a variety of ways to make money through affiliate marketing. Some affiliate marketers like Jason Katzel will even give you money for clicking on their links. To become a successful affiliate marketer, you’ll need to follow a set of guidelines. For example, you’ll want to pick your affiliate products carefully and make sure you’ve got a good mix of digital and physical products.
The Various Ways To Make Money With Reddit
With so many ways to make money online, it’s essential to find the one that’s right for you. While some people prefer to make money with affiliate marketing or product reviews, you might want to try out one of the following options.
The important thing to keep in mind about all of these ways to make money with Reddit is that you’ll be promoting a product you enjoy using or owning. This means you can avoid any potential conflicts of interest. For example, if you’re not familiar with the Meili product line, you might suggest someone buys it without disclosing your affiliation with Meili. However, if you own or use the product you’re promoting, you can be certain you’ll have no conflicts of interest.