How to Use Social Media Marketing to Become a Millionaire

Social media marketing is online marketing using various social media platforms such as YouTube, Facebook, Instagram, Twitter, Pinterest, etc. These social media sites have high volume of traffic. Every day, hundreds of millions of people visit these sites for various purposes. Some network with their friends, some troll just for entertaining purposes and some build their business presence. Since these social media sites offer you tremendous amount of traffic, you can convert some of this traffic to your own website visitors. You just need to know how to do that.  

Build Your Own Profile Page on the Social Media Sites 

Whichever social media platform you select to promote your business, you first have to build a profile page of that site. Facebook for example allows you to build a business page. You can build a Facebook business page with all your company information. If you are a service provider, add your contact details, services you offer, pricing, etc. If you are promoting your home catering services, you can post your food menu, pricing, order page link, etc.  

Basically, your potential customers or clients will need to know who you are and what you are offering. Your social media profile page or business page will provide the customers with that information. Your page or profile will need to be enticing enough so that your potential customers have a reason to contact you.  

If you are not sure how-to setup a social medial profile page or a Facebook business page, just search for your competitors on Google. Once you find your competitor websites, you will usually find a link to their social media profiles. Just visit those pages and see how they did it. You can then have an idea as to what is needed. If you are still unsure how to do it, you can hire a social media marketer or a freelancer to get the job done for you. You can find such freelancers and service providers on freelance job sites like Odesk. Lot of people who wants to me a millionaire actually used social media marketing with great success and made their fortunes. If done properly, social medial marketing itself can produce your business millions in revenue.  

Increasing Your Social Media Presence 

Now that you have built your social media profile or business page, it’s time to start working on generating some traffic. More traffic means more visitors for your business means more revenue. If you are a dreamer and wondering how to become a millionaire, then this is the right place for you.  

If you do a simple google search, you will find that there are countless number of self-made entrepreneurs, both men and women, made their millions promoting them on social media sites. You just have to be creative enough to come up with a product or service that will be in high demand. You then promote that effectively using your social media profiles to build audience.  

At the beginning, you will need to routinely post fresh content on your social media accounts. More update you post, more audience it reaches. If you just post a few times and publish your business information, you will not get anywhere. Secret to social media marketing is the frequency of posting and reaching larger and larger group of audience over time. Come up with some ideas of viral social media marketing. If you can go viral with your business page, you do not have to look back.  

Invite your Friend and Family Members 

This is a no brainer. Invite everyone in your circle and tall them to follow you on their social media profiles.  Also request everyone to share your posts so that it reaches everyone in their circle as well. If you have say one hundred people in your circle, invite all of them to be your friend or followers in your social media accounts. If those one hundred people follows you and shares your content that you post on a regular basis, it will reach each and every one in their circle. If every one of those hundred people has another hundred people each in their network, you are not talking about hundred thousand people. Now we are talking. This is the start. Do not underestimate the power of networking and make sure you invite each and every one you know so that you can grow your social media network.  

Paid Social Media Marketing 

If you wish to be a millionaire sooner than later and have some money to invest, you can start promoting your product or services on social media accounts using pay per click or PPC campaigns. You basically pay the social media sites to display your product ads in the form of newsfeeds on like-minded people’s profiles. When someone matching your client behavior visits their social media profiles, your ads will be displayed Infront of them. This will generate additional traffic to your site meaning more business for you.  

More money you invest in social media paid advertising campaigns most commonly known as PPC campaigns, more audience you will reach and more money you will make. Each campaign is different and each niche cost different to promote. While some categories cost pennies to promote per click or impression, others might cost ten plus dollars for a single click. All depends on the competition and how profitability.  

In a nutshell, you setup your social media profiles, invite your friends and family members, ask them to share your content, post on a regular basis, and promote your product or service using paid campaigns. If you are trying to be a millionaire with no money invested, then skip the paid advertising campaign for now. Come up with some ideas of going viral and people will do the advertising for you. Lot of people made their millions using social media marketing and becoming social media influencers. If you are wondering how to become a millionaire with little or not money, this is one method that worth giving a try.