8 Easy Ways to Make Money With Digital Marketing

How to Make Money with Digital Marketing

Want to learn how to make money from digital marketing?

Whether it's starting your own online business, selling freelance services, or finding a salaried job, there are many ways to make money using digital marketing.

In this guide, I'll present the 12 most effective ways to make money with digital marketing and some practical steps you can take to get started with each one. Let's dive right now.

These are the most popular ways to make money with digital marketing.

1. Work as a social media manager

Working as a social media manager is a great way to use your skills to make money through digital marketing. As a social media manager, you will seek to grow a brand's online presence through a variety of marketing tactics

Your responsibilities can include everything from writing and scheduling posts, creating graphics, running ads, and responding to followers' comments.

There are several ways to find a job as a social media manager. You can take a salaried position at a company (we'll discuss how to find digital marketing jobs later) or work as a digital marketing freelancer.

Like selling consulting services, you need to build your network and build your reputation to gain a consistent flow of clients. Building a website with a portfolio of previous clients and case studies of your results can help you win new business.

How much can you earn as a social media manager?

Paid social media managers earn an average salary of $62,000 per year, with experienced managers making up to $75,000.

Your earnings as a freelancer will depend on the number of clients you have and your level of experience. New social media managers can earn anywhere from $15 to $50 per hour, while experienced managers can earn $50 to $100 per hour or higher.

Resources to become a social media manager

Social Media Marketing Courses – the 10 best courses to teach yourself social media marketing.

2. Earn money by selling ads

Advertising on your site is a popular way to monetize your website traffic. Keep in mind that your website must have a lot of traffic to reasonably monetize ads.

When you're first building your audience, it's a good idea to support your monetization efforts through affiliate marketing or by offering your own digital products.

There are many advertising programs you can use to monetize your web traffic, the most popular being Google AdSense.

When you sign up for AdSense and add the appropriate code to your website, Google will start serving ads on your web pages.

Your ads can generate revenue through views and clicks. However, Google pays very little for views, if anything.

The amount you earn will vary significantly depending on your website category, audience demographics, and more. Regardless of these factors, you need to plan to generate significant traffic to generate meaningful revenue.

Apart from Google AdSense, there are ad networks with popular options such as Ezoic, Media.net, and Propeller Ads.

If your website is already getting a steady amount of traffic and you want more control over the ads that appear on your site, you can sell ads directly on your website.

Create an Advertise with us” page for your blog that details the different ad formats available and their costs. You'll want to include important traffic statistics so buyers know the value they're getting.

If you don't want to sell the ads yourself, there are several online marketplaces where you can list your ads for people to buy. Some popular options include BuySellAds and Blog Ads.

How many ads can you sell on your website?

Regardless of the ad network you use, you need 100,000 page views per month to generate meaningful revenue.

Google AdSense RPM (revenue per 1000 impressions) can range from $0.25 to $3.

3. Create and sell your own digital products

You can make good use of your digital marketing experience by creating and selling your own digital products.

One advantage of digital products is that you can create them once and then sell them again and again without having to keep buying new products. This results in extremely high-profit margins and the ability to automate your business with ease.

There are several different types of digital products with more popular options, including:

EBooks

EBooks are one of the simplest digital products to create, and you can often use previously published content on your blog to quickly put together the product.

Lessons

E-learning is the future of education as more people turn to online resources to expand their knowledge. Creating online courses allows you to share your expertise with others and is a great way to meet that demand. In addition to selling through your own website, you can list your courses on marketplaces like Udemy to reach an even wider audience.

Web Templates

If you have web design skills, you can create templates for platforms like Word Press or Shopify. You will be able to offer your products on your own site and other marketplaces such as ThemeForest.

Marketing your digital products will involve using the same primary channels as a store that sells physical goods. You will want to create a blog to drive traffic to your website, collect emails and leverage email marketing and actively engage with your target audience on social media.

One thing to keep in mind when selling digital products is that you will be competing with all the free content available on the internet. You want to make sure that the product you're creating provides enough value to entice people to buy, and that you've done an extensive research to make sure you're priced appropriately.

How much can you earn by selling digital products?

Selling digital products online provides an opportunity to earn substantial money. You can easily price your products for hundreds or even thousands of dollars. At these prices, you won't need a lot of sales to generate meaningful revenue.

4. Become a YouTube advertising partner

If you want to make money with digital marketing through videos, you can create a Youtube channel and become an advertising partner.

The process of making money on YouTube is simple. You create and post videos on your channel and promote your videos to build an audience. A different range of ads is shown each time your video plays.

When someone views or clicks on an ad in your video, you earn very little revenue.

To be approved as an advertising partner, you must meet the following minimum requirements:

• Comply with all YouTube monetization policies.

• You live in a country where the YouTube Partner Program is available.

• You have more than 4,000 current public watch hours in the last 12 months.

• Your account has more than 1000 subscribers

• You have a linked AdSense account.

Introduction to Monetization on YouTube

As an advertising partner, you get paid for ad views. To determine your potential revenue, you need to estimate the number of video views you expect to receive. Because not everyone will watch the ads, your ad views will be lower than your video views.

How much can you earn as a Youtube advertising partner?

On average, Youtube partners earn between $0.01 and $0.03 per ad view. This equates to somewhere between $3 and $5 per 1000 video views.

Needless to say, to generate a substantial income with Youtube, you need to generate a significant amount of video views.

5. Become an e-commerce expert

As e-Commerce continues to grow rapidly, the need for e-Commerce experts grows with it.

An e-commerce specialist is responsible for creating and executing a marketing strategy to help businesses sell products online.

Some of the day-to-day activities of an e-commerce professional include:

• Website management

• Managing marketing campaigns

• Optimizing the store's SEO

• Adjust on-page elements to improve conversion rate optimization

• Setting up email marketing funnels

• Executing upsell and cross-selling campaigns

Being successful as an e-commerce professional requires a variety of vital skills, including communication, analytical and critical thinking abilities.

Here are some practical steps you can take to develop the skills necessary to become an e-commerce professional:

• Understand the ins and outs of e-commerce
• Become an expert in eCommerce SEO
• Get to know popular e-commerce platforms
• Learn how to run PPC ads
• Master conversion rate optimization
• Develop content and email marketing skills

How much can you earn as an e-commerce specialist?

Earn Money Working as an Ecommerce Manager.

The average salary for an e-commerce specialist is $58,000 per year, depending on location and experience. Salary for eCommerce Managers can go up to $103 per year.

Resources to learn about e-commerce

Top Ecommerce Courses  –  List of top courses and certifications to follow.

Best Ecommerce Strategies to Increase Sales  – Learn how to use digital marketing to increase sales for your eCommerce store.

6. Manage PPC campaigns for other companies

As more companies turn to digital marketing channels to reach their target customers, the need for effective ad campaign managers increases.

PPC (pay-per-click) ads are one of the most popular forms of online advertising and can bring instant results to a business.

PPC platforms such as Google Ads and Bing Ads allow advertisers to bid for ad placements on a search engine's results page when someone searches for a relevant keyword.

Managing PPC campaigns comes with a number of responsibilities, including:

• Finding PPC Keywords

• Add negative keywords

• Testing ad groups

• Write ad copy

• Set bids and campaign budgets

• Reviewing expensive keywords

• Optimizing Landing Pages

Earning certification from Google and Bing can help you hone your skills and increase your credibility with potential customers.

Being able to show the results of previously successful campaigns is crucial to gaining a steady stream of customers.

Like other types of services, you'll want to create a website to highlight your skills and create content that can help generate traffic.

How much can a PPC campaign manager make?

The average salary of a PPC specialist is $60,000 per year.

Also Read: 9 Reasons why Digital Marketing is effective for business

7. Get a digital marketing job

If you want to gain valuable experience before working independently or starting your own business, you can find a job in digital marketing.

There are all kinds of digital marketing jobs, some of which we've covered in this guide.

Some of the most popular places to search for digital marketing positions include:

• Actually

• Angel List

• Glass door

• Google for Jobs

• American Marketing Association

• com.tr

• WeWorkRemotely

• ZipRecruiter

How much can you earn with a digital marketing business?

The amount you will earn from a job in the digital marketing business will depend on your location, location, and experience.

Resources to learn more

How much do digital marketers make – a detailed breakdown of how much money you can make working in the digital marketing industry.

8. Build your own digital marketing agency

Now is the time to start a digital marketing agency as companies are spending more money on digital advertising than ever before.

To start your agency, you'll want to develop a well-rounded set of digital marketing skills so you can provide quality services to clients whatever their needs.

Acquiring customers will be absolutely critical to your ability to generate revenue. You'll want to find the clients we mentioned earlier and take steps to implement them at scale.

Managing an agency has its advantages in this context because you can use your team members to handle most of these tasks for you or outsource the work to freelancers.

When you set up a digital marketing agency, there are several ways to bill your customers:

Hourly:  With hourly billing, you change your clients for the number of hours you work on their projects. This method is easier when you spend a lot of one-on-one time with the customer, as complex service offerings can be more difficult to track.

Servant:  This is the simplest payment model as you determine how much work to do for the client and you both agree on a flat monthly fee. This model is often easier for customers as they know how much they will pay upfront.

Percentage of marketing spends:  With this pricing model, your agency charges your clients an agreed percentage of the amount they spend on marketing. This is an attractive model if your customers are growing rapidly as your revenue will increase with their business.

How much can you earn by starting a digital marketing agency?

The amount you can earn from an agency will largely depend on how many clients your business has. The average cost of digital marketing services for small businesses in 2020 ranges from $2,500 to $12,000 per month.

If you can find 10 stable clients, your agency can generate a solid income.

Key Learning’s

There are many different ways to make money with digital marketing.

You can learn a variety of skills and sell these services to customers, including SEO, PPC management, e-commerce, content marketing, or social media management.

Creating a website with a blog helps you hone your skills and can be used to attract new customers to your services.

If you want to sell products, you can create your own digital products or join affiliate programs and sell products from other companies. You can use your website as the center of your business and add extra monetization by running ads on your site.

If you want a permanent job, there are plenty of companies hiring for digital marketing positions, and there are tons of job postings to find open positions quickly.

If you want to start your own marketing business, you can create a digital marketing agency and sell a range of services to your customers.

Digital marketing will only grow. Taking the time to improve your skills is worth the investment and will open up more opportunities for you.