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Building an Online Presence
- Creating engaging content on social media or a blog and monetizing it through sponsorships, affiliate marketing, or advertising.
- Platforms To Use:
- Instagram, TikTok, YouTube, blogs.
- Pros:
- Potential for high income with a large following.
- Opportunities to collaborate with brands.
- Can be combined with other monetization methods.
- Cons:
- Requires consistent content creation and audience engagement.
- Income can be unpredictable.
- Need to maintain authenticity and trust with your audience.
- Comparisons:
- Affiliate marketing vs. sponsorships: Affiliate marketing provides income based on sales, while sponsorships provide income based on brand promotion.