16 Ways to Make Money on Social Media with the Threads App

published – July 19th 2023

If you follow the news, there is a good chance that you’ve heard about the newest social media platform on the block known as Threads.

What is the Threads app? Some say that it may even be the app that could take down the Elon Musk owned giant that is Twitter. Despite the similarities between the two, the platform brought to us by Meta and Instagram hasn’t been around that long.

However, people are already looking into monetization methods they can use to financially benefit from Threads. Like any other social media company, there are plenty of ways that users can make money as I will show you.

Specifically, let’s take a look at the unexplored ways you can use to earn with this fresh and exciting new online community.

photo from trustedreviews

1. Get a Sponsorship Deal & Make Money

One can attempt to form a sponsorship with a brand in which both parties will benefit. As with most of these types of deals, a company will either approach you or you can try to reach out to them.

Striking up a brand partnership can be tough if you don’t already have an existing audience of a meaningful size. You need to have at least a little bit of internet fame or success to get sponsored.

For instance, it will be quite simple for a profile that is already popular and successful on Twitter. Someone like this should easily be able to get sponsored if they were to set up an account on Threads.

2. Affiliate Marketing on Threads from Instagram App

There are plenty of websites and apps out there that will allow you to become one of their affiliates. You can then be financially rewarded for attempting to promote a product or service on Threads.

If this results in a lead or a sale then you will earn yourself a commission for your efforts. This process is commonly referred to as affiliate marketing.

Given its reliance on having a large and engaged audience, affiliate marketing can be very tough to do successfully. A much easy way of making money is through rewards apps like SwagBucks.

Here you can take surveys and do other simple tasks for easy income. This platform will even give you a sign up bonus when you join.

3. Refer a Friend to the Threads Meta App

Threads may launch a referral program in the future. Most referral programs involve rewarding you for convincing your friends to sign up for the website or app in question.

This is often done with a unique referral link tailored to you personally (like affiliate marketing). Hypothetically speaking, you should try this out with the new social media app if this eventually does come to fruition.

4. Sell your Services & Earn Money as a Freelancer

If you are self employed and looking for new clients and customers then you may find them on Threads. Freelancers can advertise their services on this platform and hope to get in touch with someone who might give them a job.

5. Advertise your Products on this Instagram Threads Alternative

You might have products listed for sale on an ecommerce platform or maybe on your own site. In this case, one can use Threads to promote those to a whole new audience.

6. Tease Threads Users with Snippets of your Work & Get Paid

If you are a business owner or a freelancer you can tease your audience by posting small examples of your work on Threads. All being well, this should convince your followers to do business with you.

For instance, a professional artist might post an image of one of their paintings on Threads. This offers up a taste of what they are all about in the hope that the customer wants to see more.

7. Promote your Website for Free on the Threads Social Media Platform

Threads could potentially be a great place for driving traffic to your desired destination on the internet. If you have your own blog or website, you can promote this by providing links to it. This can be done in your profile and also in the posts that you send out in your feed.

8. Run a Paid Advertising Campaign on Threads from Instagram

If you have a business, you should be able to launch an advertising campaign on Threads. Other services by Meta such as Facebook and Instagram allow advertising as well so it’s no big surprise.

Investing in advertising and marketing is a smart business move. You do have to put forward a little capital in order to kick things off.

Doing this should result in multiples of your initially invested money coming back to you. This will be in the form of new customers if carried out effectively.

9. Monetize on this App with Threads Account Flipping

You could decide to flip your Threads account once you have made it successful. One might have seen this concept in the past when people buy and then resell website domain names. The idea here is to:

start off small
build up & develop
sell your account for a profit

More people than you think are willing to buy a pre made account that is popular from day one of ownership. It essentially means that they won’t have to do all the heavy lifting themselves.

10. Accept Payment for an Attractive Threads Handle

Do your best to secure a good Threads handle early on. Ideally, this should be the name of your company or perhaps just your name as a person.

The shorter handles (words with just a few letters) will be taken up rather quickly. Users may want to snap these up as soon as possible to avoid trouble further down the line.

Thinking about it, this could even turn into a business opportunity in itself. You could secure what you think will be a popular or valuable handle. From this, there may be someone out there who is willing to buy it from you for a high price.

11. Become a Social Media Manager on the Instagram Threads App

You could make yourself available for hire with brands who have set the goal of becoming big on Threads. Companies sometimes seek out social media managers in their marketing departments. Your duties in this position would include tasks like:

creating posts
interacting with commenters
growing the number of followers for your client

In particular, you can find remote social media jobs like this with payingsocialmediajobs. Some positions pay out $316 per day so it’s definitely worth a look.

12. Promote yourself as an Expert on Social Media

A lot of people can see the potential power of Threads in the future. Some are even willing pay others to teach them how to make the most of this platform. If you happen to have expert knowledge on the inner workings of Threads then this can work to your benefit.

You may be able to sell your services as a consultant. Taking a slightly different path, one may even have enough information to write a book, publish it and then sell it.

Other Methods of Monetization with a Threads Social Media Strategy

There are alternative ways to earn money with Threads that I haven’t covered in detail. These include:

Subscriptions – For those who are popular enough on Threads, you could offer a subscription service or accept tips from your followers.
Work for Meta – Why not officially become a fully-fledged employee of this internet giant?
Sponsored Posts – You could get paid by a company to fire off a sponsored post. This might be a quick review of one of their products, for instance.
Crowdfunding & Donations – If you accept donations or run crowdfunding campaigns then you can let the people of Threads know about this through your posts and updates.

I have one last bonus point for you and that is bagging a live chat job on social media. This work is something that you can do either on a full time or part time basis.

There is lots of flexibility here as you can even do it remotely from home earning as much as $35 per hour. If you are interested then check out socialsalerep.

How many different ways are there to monetize on Threads by Instagram?

Threads is still very much in its infancy so there is no official way to monetize on there just yet. As things stand, the majority of these money making methods are third party. For the most part, they will require you to have a higher than average following.

Other big social media platforms have several different ways that you can monetize too. I’m sure if you research some of these methods, they too will be relevant and transferable to Threads.

As I said, Threads is really just getting started in its early days. I’m sure there will be many more monetization options to come in the future.

Why is it so important to flesh out my profile?

It’s vital that you fill out an in depth, detailed profile on Threads if you hope to earn money. Provide as much personal or business information as you are comfortable with.

Try not to make it just a tedious, formal word dump. It’s sometimes nice to inject some humor and levity to show that you are human. People who might end up giving you their money will probably want to get to know the real you in order to enforce trust.

Why does my Threads profile need to be visually attractive?

Ensure that you have a good photo to go with the rest of your profile. This can be a picture of your face or perhaps a brand logo if you want a more professional look.

Furthermore, it’s often wise to include an image (and perhaps some emojis) in your posts as well. Having something visually attractive to look at is more engaging compared to a bland text-only post.

Will I need to interact with other Threads users?

If you want to earn money, interaction is vital on Threads. You will need to be posting regularly as well as engaging with your followers. You can reach out by posing a question. Additionally, you will also want to promptly answer anything coming your way such as:

comments
messages
queries

Does the Threads social media app use hashtags?

Similar to Twitter, Threads will also eventually utilize hashtags. These are particularly useful for making sure that the right people see the relevant posts based on their wants and needs.

How many followers do I need to make money?

You will need many thousands of followers if you hope to make money with most monetization methods on Threads. A lot of it is in the numbers (among other factors). To be candid, an account trying to make money with just a small handful of followers will really struggle.

Who else is earning money on the Threads app for Android?

There are several users who are already earning money on Threads. These individuals range from celebrity authors to big-time online influencers.

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How popular is Threads social media website?

Impressively, the app went on to launch with more than 30 million sign ups on the Threads Instagram release date alone. In addition, Threads has gone on to rake in over 100 million new users in less than 5 days of operation.

This number will only continue to increase from this point onwards. I imagine there will be plenty of people who you can squeeze money out of given this fact.

photo by LoboStudioHamburg from pixabay

Conclusion

Threads vs Twitter is the big question on everybody’s lips. Is Threads legit? There’s a reason why people are calling this rival the new Twitter.

I’ve spent a bit of time on there and I can tell you that Mark Zuckerberg’s new app is not perfect. Although, I believe it has the potential to be just as good as any other social media platform. The kinks can definitely be straightened out with time.

We know that one can achieve monetization through Instagram and Meta so there should be no reason why you can’t do that here. The three apps are very closely related after all.

Threads isn’t massively different from a lot of other social media apps if we’re being totally honest. For this reason, you will find that the methods of monetization aren’t significantly different either. However, you have to bear in mind that Threads is still very much a new thing.

Relatively speaking, there aren’t that many users on board just yet. This remains true in comparison with the leaders in the social media world. On the plus side, this also means that competition will be low in terms of making money.

I suggest signing up as soon as possible so that you can take advantage of this. You can download the mobile app on both Android and iOS (Google Play and the App Store).

Once you have done that, I would advise you to fill out your profile and begin posting consistently. This will definitely bring you a step close to earning some dough on this platform. Other websites like punch and themotleyfool have also discussed earning money on the Threads app so it’s worth a look.

As an entrepreneur, you can learn so much more about how to make the most of social media for your business by reading books. You can easily get your hands on these useful publications for a very affordable price on Amazon.

If you really don’t like this social media company then I’m sure you will find several other apps like Threads that you can monetize. Can you think of any other ways to earn money on Threads? Do you think that Threads will be successful as a social media platform and explain why?

Please don’t forget to share this with your friends and like it on social media. You can subscribe to our newsletter and comment below too. Thanks for reading!

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