Do you know the different ways on how to make money on WhatsApp?
WhatsApp is the largest messaging app with billions of downloads on playstore. Majority of us make use of WhatsApp to send and receive messages to our families, friends, colleagues, co-workers etc. But none of us knows how to make money on WhatsApp.
I know this post is going to be a long one but trust me, you are going to enjoy it, just sit back with a cup of coffee or your favourite drink and continue reading because I am going to explain to you the different ways on how to make money on WhatsApp.
Before we get started, let us first take a look at the things needed before you begin to make money on WhatsApp
Things needed before you start to make money on WhatsApp
1. A good smartphone
You need a good smartphone of high RAM and internal storage (if possible a memory card to support it) before you begin to think of making money on WhatsApp.
2. High and Real Contact list
Since WhatsApp makes use of contacts, the number of contacts you have is directly proportional to how much you make. In essence, the bigger your contact list, the more money you can make. High contact list is the primary reason people make money on WhatsApp.
3. Internet connectivity
Your internet connection must be stable before you think of making money via WhatsApp.
4. Make use of WhatsApp for Business
You can also make use of the normal WhatsApp, but I will highly recomend you using WhatsApp for business because WhatsApp for business automatically create a business profile for you.
WhatsApp for Business gives you access to tools to properly manage your business and make money on the fly. Using WhatsApp for Business lets your post important information such as business description, working hours, addresses, website, and more for your customers.
Quick replies is an important feature which also comes in handy when you have lots of contacts especially when you want to welcome new contacts and you do not want to undergo the stress of retyping the same welcome message again or typing the same brief overview of your business. This allows you to reuse saved messages for replying to frequently asked questions.
One thing I like about the quick replies is, when you’re offline, automated messages do a good job in giving new customers who message you a brief overview of your business or tell them about your availability.
Frankly speaking, the WhatsApp for business has a lot of features you don’t want to miss.
Now that we have covered the stuff we need before we start making money on WhatsApp, let us now talk about the different ways on how to make money on WhatsApp
How To Make Money on WhatsApp
1. WhatsApp Tutorial Classes/Seminars
What are you good at?
What are your skills?
First of all, pick a skill you’re good at.
Is it Graphics design, photography, cake baking, make-up, web design, animation, app development etc that you are good at?
Next is to create a WhatsApp group that should have up to 256 members willing to learn from your knowledge. The fact is, people are more than willing to learn a skill as long as it is profitable to them. And if you can guarantee this, then you’ll surely be paid for your services.
You can set and hold classes at different times according to the convenience of your members. Practical classes can be held on a platform like Zoom, Google Meet, or similar apps. Other events like seminars can also be held and this can fetch you a good amount.
It’s not compulsory that you must have a lot of contacts before you can make money on WhatsApp as I have mentioned above when mentioning “the things needed before you begin to make money on WhatsApp”. A lot of people who engage in this kind of business usually run Facebook advertisements to get serious people to join the group.
If you run Facebook/Instagram ads, you’re going to see serious-minded people who are ready to learn that skill from you.
If you have a brand or a manufactured product, WhatsApp is another resource to get your buyers. It could be anything from shoes, to fashion products, beauty products, healthcare products, or food-related products.
With this method, you don’t need to create a group but your vast number of contacts will come in handy here.
I know some people that make money on WhatsApp by this retaining method.
For example, you can go to the nearby furniture maker (or anybody that offers or sell products your audience might be interested in), partner with them, ask them for the price of the item, then put your own little profit and start advertising to your WhatsApp contacts.
For example, I bought a shoe at the rate of N45,000 ($117), I know that there are people who might be interested in the shoe. Then I get clean pictures of the shoe, post them on my WhatsApp statuses.
If anybody showed interest, I will tell that person that the shoe cost N55,000 ($143). For sure, you’ll negotiate and the last price is N50,000 ($130). And the person paid, I’ll buy the shoe for him/her at N45,000 ($117) and keep the remaining N5,000 ($13).
This is also a sure way to make money on WhatsApp.
You can also decide tl create WhatsApp groups and advertise your products to your group members, if you don’t have a massive number of views on your status and you can also decide to do both (advertise both on your WhatsApp status and WhatsApp groups)
If you’re interested in this method explained above, then you should try dropshipping business. You don’t need to have any products, just what I’ve just explained in the example above.
And if you feel like, you can attach prices to respective products. I have a written a detailed post explaining how to earn through dropshipping business.
3. Affiliate marketing
Now, let’s talk about Affiliate marketing.
Affiliate marketing is one of the top ways to make money online, I’ve personally earned some bucks through affiliate marketing (although I’m a part-timer in it).
Without having a website, you can use affiliate marketing to make money on WhatsApp.
You don’t need to spend money acquiring products and so you have nothing to lose but a lot to gain. Be sure to know that the amount of money you can make via affiliate programs varies from product to product. Do take note of that.
This is how I do it on WhatsApp;
I use to talk about what I know people can buy, such as smartphones, chairs, hoodies, shoes, etc. I will initially, through my WhatsApp statuses convince my viewers while they need to buy that product, and finally, I will share my affiliate link for those interested to buy.
If they buy through my affiliate link, I will earn a commission.
4. WhatsApp TV
You probably belong to at least one TV right now. And these TVs belong to other TVs as well. WhatsApp TVs infused life into a one time “chat-only” app. Today, you can get maximum entertainment whether your friends are online to chat or not. But that’s not our concern for now.
You may be asking, how can I make money on WhatsApp through WhatsApp TV? It’s simple!
There are lots of ways to do this. Your job is to entertain and inform your viewers and this opens a lot of opportunities to make money. While you go ahead with entertaining your viewers, you can accept ADs for businesses of all kinds at a fee.
This is what I mean;
If you grow your fan base to a large audience, maybe thousands of viewers and any content you post do go viral, then people will be contacting you to help them advertise on your platform.
Your AD rates should vary according to the type of business: some businesses make more profit than others so have that at the back of your mind.
The most interesting part of having a WhatsApp TV is that you can earn in different ways while having fun with your viewers. If you signed up for a cool service, you could easily get paid via referrals as you have a large contacts base.
You may also decide to sell branded products (T-shirts, mugs, etc.) to your viewers. Your earning potential is just limitless via WhatsApp TV.
5. Source of Traffic/views to your blog/YouTube Channel
A lot of bloggers/YouTube Channel owners make money from WhatsApp by driving traffic/views from it to their blog/YouTube channel. This step first involves you having a blog or YouTube Channel.
You can contact us if you want to have a blog or YouTube Channel.
Having a YouTube Channel/blogging is one of the best ways to make money online, but to make money from your blog or YouTube, you need traffic or views as the case may be. Traffic means people visiting your blog to check your contents while YouTube views means people watching the videos in your YouTube Channel. That is where WhatsApp comes in.
The ways which you can earn money via WhatsApp listed above are passive ways which you can earn money, so may give you a large amount if you are lucky while some will give you a little amount, just keep on trying the different ways you can make money on WhatsApp as listed above and select one or the two ways that benefit you more.
Remember, be consistent. We will try to add to this list if we come across any way you can make money from WhatsApp. So keep in touch with this page. In the mean time, you can learn how to start a business of your own
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