In this article we will explore the best ways to monetize your Threads account, no matter the size of your following or the engagement you get.
As long as you stay consistent and follow a content strategy, you’re sure to grow and be able to monetize your Threads audience.
We will be looking at the following ways to make money on Threads:
- Affiliate (Selling someone else’s product)
- Promoting and selling your own products
- Promoting and selling your own services
- Becoming a ghostwriter
- Building a newsletter
- Sponsored posts
Easily grow and monetize your Threads audience! Manage, collaborate, schedule, post, and much more with Threads Maestro.
Before making money
Before jumping right off to monetize your account and audience, you’ve got to make sure your profile is optimized for this.
So make sure you have the following on-point before thinking of monetizing your account:
- A trustworthy profile picture
- A clear bio that states what you do
These two elements will help you be more trustworthy toward your audience, which infinitely increases the chances of them trusting you with their money.
6 Ways of making money on Threads
1 - Affiliate (Selling someone else’s product)
One of the easiest ways to make money on Threads is through affiliate marketing. This involves promoting someone else's product and earning a commission on any sales made through your unique affiliate link.
In a nutshell, you need to find a product you believe in, sign up for their affiliate program, and finally share your affiliate link with your followers and watch the commissions roll in.
Affiliate marketing is a great way to monetize your Threads account because it requires little effort on your part. You don't have to create your own product or service, and you don't have to handle any of the sales or customer service.
To be successful with affiliate marketing on Threads, it's important to choose products that are relevant to your audience. For example, if you have a fashion-focused account, you might promote clothing or accessories. If you have a fitness-focused account, you might promote supplements or workout gear. The key is to find products that your audience will be interested in and that align with your brand.
To promote the affiliate product is easy, just add the link to your bio. And to actively promote it, one of the best proven ways to do so is to auto-plug the offer on your best posts. Auto-plug means automatically adding as the first comment of your posts your offer + link. This way ensuring that people that engage with your post see and potentially click on the link.
Auto-plugging is one of the best ways to sell, and Threads Maestro does this automatically for you.
2 - Promoting and selling your own products
If you have your own products to sell, Threads can be a great platform to promote and sell them. The good thing about it is that you get the whole revenue of the sale. The best products are usually digital products such as:
- Courses
- Templates
- eBooks
- Templates
- Checklists
- Paid content (Newsletters)
If you have or create your own products, you can use the same strategies as the affiliate marketing with the link in bio + Auto-plugs in your posts.
3 - Promoting and selling your own services
Similar to selling your own products, you can also use Threads to promote and sell your own services. Whether you're a photographer, writer, or consultant, you can use the platform to showcase your skills and attract new clients.
Promoting and selling your own services on Threads requires a different approach than selling products. Instead of showcasing digital products, you need to showcase the value that you can provide to your clients. So make sure your content contains:
- Value Proposition: Your offer and what you can provide to clients needs to be crystal-clear. If your readers have any doubt of what you do, you’ll lose potential revenue.
- Case Studies: Case studies/testimonials content is a great way to prove to your potential clients that you can deliver results, and have proof that you’ve done it in the past.
- Call to Action: Not even the best case studies will do any good if you don’t tell your potential clients what to do next to work with you. So make sure you always add CTAs.
One of the best ways to be able to show off all of this at once, are multiple posts Threads. You can write them right in the app, or you can use an app like Threads Maestro to keep drafts and even schedule your threads to make it easier.
4 - Becoming a ghostwriter
A ghostwriter is someone that gets hired to create content for someone else’s account.
If you have a talent for writing, you can become a ghostwriter for other Threads users. Many influencers and brands are looking for talented writers to help them create engaging content for their accounts. Reach out to potential clients and offer your services as a ghostwriter.
A lot of big and famous accounts use ghostwriters (it’s actually more common than you’d think)
The good thing about this is that it can be very rewarding, and you get better at writing over time. So it’s really a win-win for you.
If you need a place to manage multiple accounts, plan content, draft, and schedule for your ghostwriting clients, you should check out Threads Maestro: It allows you to manage multiple accounts, collaboration so your clients can review the content before posting, and of course schedule the content.
5 - Building a newsletter
Another way to monetize your Threads account is by building a newsletter. Use the platform to grow, and send your followers to subscribe to your email list.
Owning and growing a newsletter is one of the most profitable ways to make money online. Here are a few reasons:
- Owned traffic: When you have an email list, you can say you “own” that traffic or attention, as you’re not relying on any third party (like Threads) to be able to access your followers. No company or person can “ban” you from reaching your own email list.
- High Conversion Rate: Your email list has to explicitly subscribe to you, which means you can be sure they are interested in what you have to say, and sell.
6 - Sponsored posts
Finally, you can make money on Threads by partnering with brands for sponsored posts. This involves creating content that promotes a brand's product or service in exchange for payment. As an influencer, you have the power to reach a large audience and can command a high fee for sponsored posts.
To be successful with sponsored posts on Threads, it's important to choose brands that align with your values and that will resonate with your audience. You'll also need to create high-quality content that showcases the brand's product or service in an authentic way.
Sponsored posts can be a great way to make money on Threads, but it's important not to overdo it. Your audience will quickly lose trust in you if every post is sponsored. Instead, focus on creating high-quality content that provides value to your audience while also promoting the brand's product or service in a subtle way.
Don’t miss out on Threads
Threads is a huge opportunity to grow and monetize an audience, specially with the right strategies.
If you manage to stay active and consistent, creating quality content that resonates with your audience, you are pracitcally guaranteed to make some good $$$.
To help you in this endeavor, we created Threads Maestro. A tool that lets you:
- Manage your content
- Keep drafts
- Schedule your posts
- Manage multiple accounts
- Collaborate
Make sure to check it out today for free!
Threads Maestro can help you grow and monetize your account effortlessly.
With content management, team collaboration, multiple accounts, post scheduling, analytics, and much more! Check it out for free today!