Do you have an internet business that’s not generating enough money yet, and you’re worried your business will fail if you can’t bring in more money right now? The very best way to bring in immediate money is to start providing a service in addition to your main service offering. A really hot service right now is Social Media Marketing Services.
This would include tasks such as:
- Setting up Social Media Accounts — From writing the profile to providing custom graphics, you can help clients set up their social media accounts. You have already done it for yourself, so you already know how to do it. Now simply offer it as a service to others to help you generate extra money.
- Populating Social Media Accounts with Content — Social media accounts need content, so, you can create content ideas, the content or any portion of this and charge a fee for your service.
- Providing Regular Updates and Content — Social media accounts, by their very nature, are social and require constant updating. Offer continuous monitoring and updating as a service.
- Sharing Other Content via Social Media — When a client publishes an article, it helps if that article, blog or other content is shared via more social media networks than just their own. Offering to share via your social media network other people’s content is another valuable service related to social media marketing.
Fee Schedule
These are all services that you can charge for either by the project, the account or by the hours to complete. If you charged by the hour about $20 to $40 per hour and just worked five hours a week, you can generate $100 to $200 a week that you can spend on your main business. Remember that you do need to claim the income from this endeavor; however, if you turn around and spend it on developing your real business, it then becomes a tax write off.
For example, you can hire a Virtual Assistant to take care of your social media with the $200 you earned and then claim the expense on your taxes. Certainly, with a few more dollars to spend on your business you’ll make money faster. Why? Because, you have to spend money to make money!
Setting Up Your Services
To add social media marketing services to your business all you need to have is your regular internet connection and the knowledge of how to set up the accounts. You can go through one, and jot down all the information you need for each account, create a simple form using Google Documents or Word that you’ll send to each new client. Then you just cut and paste their information into the right areas for the client.
After that, you simply make a schedule in which you check your client(s) accounts on a regular basis, use some sort of billing software or spreadsheet to keep track of time, then bill your clients on a regular basis for this service.
The Big Picture
Avoid the temptation to spend this money on going out to eat and having fun. Spend the money on advancing your real internet business; i.e., hire a virtual assistant, so that you can drop the services in a few months when your business becomes more successful. While providing services and trading hours for dollars is an easy way to bring home income, it’s not desirable for the long term if you want to create a lucrative income stream.
Are you providing an add-on service? If so, is it generating you enough money to invest into your main online business? Join the conversation by commenting below. As always, thanks for reading!
RJ’s Internet Marketing Services
