Do you know how much time you are actually spending on social media? The average is about 2.5 hours a day, which equates to an average of 75 hours a month. Imagine what you could do with 75 hours every month to build a business.
If you find yourself spending endless hours on social media like Instagram uninspired or doom scrolling, here’s how to turn that time into a business.
Digital experiences are evolving; as we saw with the explosion of virtual events last year, it’s no surprise that we are now seeking more personal and tailored interactions. The rise of experience platforms like Twitch, OnlyFans, Cameo, to name a few, enables selling digital goods. Here’s how to tap into that market with what you already know.
Turn skills into $$
Whatever you are passionate about or have knowledge of, you can monetize. The idea is to create a file that can be sold to those willing to pay for it; the challenge is identifying what you can sell and who to sell it to. Forget needing to be an influencer to sell digital assets; you can take what you know into a PDF, JPG, MP4 that gets you paid.
Some ideas to get you started:
- Love cooking? Drop a 3-4 recipe digital cookbook
- Experienced teacher or a trainer? Create custom lesson plans for topics in your areas of expertise
- An artist? Craft mixtapes, audio messages like narrating a story and other audio experiences
- Host your own digital event on Zoom, from networking mixers to music lessons — the power of personalized experiences is limitless
No need for high production value
More than ever, people are craving raw and genuine content that doesn’t need to be perfectly crafted. Free tools like Canva, a free graphic design platform that allows you to easily create digital content, can get you far in creating a visual asset like a PDF or an ebook, and using your phone for videos and voice recordings. I am constantly inspired by those who use CASHDROP to build their businesses just on their phone.
This is the time to dispel the notion that your digital assets have to be perfect and polished in order to be effective. The market is saying otherwise; take advantage of the moment.
Key real estate: your clickable link in bio
While building a following and a community can be daunting, understanding early on how best to use each channel is the key to selling your digital assets.
Often people put a website or a Linktree landing page riddled with different links, giving people too many options. This could be a turn-off for potential customers and could move them away from spending their money on you. The experience needs to be simple and quick, in order to capitalize on people’s desire to buy things in the moment.
Now is the perfect time to explore how you can dive into the experience economy. Don’t let the doubt you have around your abilities prevent you from generating income based on what you already know and love.
CASHDROP’s latest feature Link Drop allows you to sell any digital asset with ease, without having to spend hours on setup or lose out on membership fees and commissions. Learn more at getcashdrop.com/linkdrop.
This is a content marketing post from CashDrop, a Forbes EQ participant. Forbes brand contributors’ opinions are their own.