New Wave of Creators. Learn more at SLiCThere are several ways that new wave of creators are monetizing on social media. Here are some of the most common methods:Brand partnerships/sponsorships: Many creators collaborate with brands to create sponsored content on their social media platforms. This can include sponsored posts, videos, or stories that promote the brand's products or services. In exchange, the creators are paid a fee or receive free products.Affiliate marketing: Creators can earn a commission by promoting a product or service through affiliate marketing. They include a unique affiliate link in their social media posts, and if someone clicks on the link and makes a purchase, the creator earns a commission.Merchandise sales: Many creators sell merchandise such as clothing, stickers, and mugs through their social media accounts. They can use platforms like Teespring, Redbubble, or Shopify to create and sell their products.Donations/tips: Some creators ask their followers to support them through donations or tips. They can use platforms like Patreon, Ko-fi, or PayPal to receive payments from their followers.Digital products: Creators can sell digital products such as e-books, courses, or presets through their social media accounts. They can use platforms like Gumroad or Teachable to create and sell these products.Overall, creators are finding new and innovative ways to monetize their social media presence.When I first started my business journey, I had the work ethic and idea, however I did not have systems and processes in place to allow for me to scale my business. In my journey, I've worked on global $1 billion dollar transactions, and I've also worked on local $100K transactions. I, along with my guests, share some of our pitfalls and struggles in our business journeys. The goal of The Hustle Report is to give you the tools and information that you need so that you start and scale your online business and your life.The Hustle Report is brought to you by Fortitude Financial. With Fortitude Financial you can build your wealth profile. Learn more at https://fortitudefinancial.co

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