
There are a number of ways that businesses can make money on social media. The most common way is to use social media to drive traffic to their website or online store. Once there, businesses can use various methods to convert that traffic into sales.
Another way to make money on social media is through sponsorships and advertising. Businesses can partner with other brands or organizations to promote their products or services. Or, they can pay social media platforms to place ads in front of their target audience.
Finally, businesses can also use social media to create and sell digital products or services.