Reddit is one of the most popular websites on the internet, featuring content from all over the world that is highly relevant to its users. While the site mainly focuses on self-help and relationship-oriented content, it also hosts a considerable amount of money-making material. If you’re looking to make money online, Reddit is a perfect place to start. Here’s how.
The Truth About Making Money Online
One of the main problems that people have when trying to make money online is they want to try and copy what’s already working for someone else. The problem with this approach is that you’re not taking into account the fact that what’s working for someone else may not be working for you, due to differences in the size of your audience and the context of your content.
To really make money online, you need to find a way to stand out from the crowd and figureheads of YouTube, Facebook, and Twitter. When you do, you’ll be able to command a higher price for your products and services. This is why it’s important to build a brand for yourself, rather than trying to emulate what someone else is doing.
The Power Of Subreddits
It’s important to keep in mind that Reddit is a social site. Although it mainly hosts content for users, it also offers them the opportunity to engage with content through user-submitted comments, known as “subreddits.”
These “subreddits” allow content creators to host material that is highly relevant to a particular community. For example, /r/black culture is a subreddit for users to discuss topics related to black culture, including movies, music, and fashion. When a new post is uploaded to the subreddit, it is given a certain score based on its relevance to black culture. Posts that score highly are more likely to gain traction in the community and be “viral.”
As a content creator, whether you’re creating a blog or a podcast, you can use this viral nature of subreddits to your advantage by creating content that is highly relevant to a specific niche.
Making Money With Affiliate Marketing
One of the ways in which Redditors make money is through affiliate marketing. This is when a blog or website owner gains monetary rewards based on the sales that they generate through affiliate links in their content.
When users click on those affiliate links and make a purchase, the blog or website owner will earn a commission. There are plenty of opportunities for entrepreneurs to take advantage of this, whether you’re an affiliate marketer who is looking to promote a new product on the site or an individual who is passionate about a particular cause and wants to use their audience to make a difference.
Monetising Content With Affiliate Marketing
If you’re looking for an easy way to make money online, a quick way to gain credibility, and a way to reach a broad audience, consider using affiliate marketing to monetise your content.
This is when you create content that is so good that it draws in enough revenue to cover your costs. When you do, you’ll be able to continue creating content for the same audience, but instead of needing to rely on donations to keep your servers running or the occasional sale of a product to make ends meet, you’ll start seeing consistent revenue thanks to affiliate marketing.
Create An Online Store
Once you’ve established yourself as an authoritative voice in your niche, you can then proceed to create an online store to sell your own products. To do this, you’ll need a website and a payment processor. There are plenty of tools available that can help you get started with both of these tasks quickly and easily.
You can then proceed to add your own products to the store, including accessories, apparel, and food products that are themed around your niche. If you’ve established yourself as an authoritative figure in your niche, people are more likely to trust you when it comes to reviewing products relating to your area of expertise. This makes your audience more engaged, interested, and ready to buy.
Creating An Online Community
An easy way to engage with your audience and establish yourself as a thought leader in your niche is to create an online community and invite your existing and potential customers to join. The advantage of doing this via Reddit is that users have an entire other platform to engage with content creators through comments, likeminded connections, and upvotes. As an online community grows, so too can your income as a content creator.
You can use your forum to host discussions about your niche, answer questions, and allow people to connect with one another. When users join your community, you can then send them emails to keep them engaged and to let them know about new products and offers that you might have for them. Through your email marketing program, you can start to build a list of potential customers who you can then approach with offers when the time comes.
How to Make Money Online With Reddit
To start making money online with Reddit, build a small audience on the site. Once you’ve got around 500 subscribers, you can then integrate your Patreon account with Reddit so that you can gain revenue whenever someone clicks on a link or buys a product that you’re featuring in one of your posts.
Include relevant links to your store or blog throughout your content so that your audience can easily find what they’re looking for. When someone clicks on one of those links and makes a purchase, you’ll earn a small percentage from that sale. It’s also possible to get paid to post on Reddit, particularly if you’ve established yourself as an expert in your niche. You can then post about things relating to your niche and get paid to share your knowledge and experience. You may also be able to get paid to ask questions and give advice in your forums. Just be sure to follow the rules and “iquette” when participating in these Reddit communities to ensure that you continue to be accepted by the members.
You can also look into hosting a webinar where you talk about your topic of expertise and educate your audience about how to make money online. The bonus of doing this is that you get to talk about what you’re passionate about and what drives you, which may end up being more interesting and compelling than anything else you’ve ever talked about in your professional life.
Making Money With Affiliate Marketing
If you’ve gone this far and are looking to continue making money online, you may as well consider using a tool like ClickFunnels, which we’ve reviewed thoroughly, to create an affiliate marketing website. This tool makes it easy for newbies to get started creating their own websites and monetising their content through affiliate marketing. Within minutes of setting up a free account, you’ll be able to start earning affiliate revenue with offers that are relevant to your niche, including those from well-known brands like Amazon, which you can promote through affiliate links within your posts and across social media platforms. From there, you can progress to creating your own products and selling them online through your own website or store.
Word of advice: be sure to look into the “fit” of the products that you choose to promote, whether they’re online or in retail stores. You may find that some affiliate programs don’t play well with others, so be sure to learn about the nuances before committing.
Monetising Content With Affiliate Marketing
If you’ve gone this far and are looking to continue making money online, you may as well consider using a tool like ClickFunnels, which we’ve reviewed thoroughly, to create an affiliate marketing website. This tool makes it easy for newbies to get started creating their own websites and monetising their content through affiliate marketing. Within minutes of setting up a free account, you’ll be able to start earning affiliate revenue with offers that are relevant to your niche, including those from well-known brands like Amazon, which you can promote through affiliate links within your posts and across social media platforms.
Word of advice: be sure to look into the “fit” of the products that you choose to promote, whether they’re online or in retail stores. You may find that some affiliate programs don’t play well with others, so be sure to learn about the nuances before committing.