Growing Your Money By Promoting Your Side Hustle
Frugality is the practice of doing the best with what you have and squeezing the value out of each and every penny you earn whether it’s through planning frugal activities over your family vacation time or cooking thrifty, cost effective recipes. However, if you’re to get more money to spend on the things that bring you joy, you will reap the most rewards if you make efforts to grow your income alongside your everyday savings. There are many ways in which you can do this, from putting in the odd extra shift at work to dedicating a few extra hours a week to overtime, but in an increasingly unpredictable economy, many full time professionals and parents are dedicating their free time to a side hustle. This can not only help them to raise a little more disposable income in their down time, it can help you to permanently redress your family’s financial balance, and can even be developed to the point where it liberates you from your day job and enables you to make a good living doing something you love.
Of course, it takes time, effort and persistence for a side hustle to pay off to the point where it grows your income in any meaningful way. But whether you’re an aspiring blogger, a YouTube personality on the brink of stardom, a master baker or your neighborhood’s most sought after dog walker, it behoves you to grow and promote your side hustle…
Even if you’ve only ever used social media to share baby pictures and cat memes, you’re likely aware that businesses large and small use it as a promotional platform and a great marketing opportunity. It’s also a great place for you to raise awareness of your side hustle and build a loyal and devoted following who will help you to turn your side hustle into a viable brand. The trick is reaching the right people. If you’re serious about growing your side hustle, a company like Dapper Goat Social Media Agency can help you to promote your business (because your side hustle is a business and it’s important to think of it as one) to the people who will benefit it the most. Even if you don’t have enough to invest in agency support, running a Pay Per Click campaign on Facebook is a great way to target the people in the particular demographic groups with the range of interests that will benefit the most from your side hustle.
Reach out to influencers
Depending on your side hustle and your target market, there will likely be people who are influence the behavior of the people you’re trying to reach. These people might be bloggers, YouTube personalities or the newly emerging generation of social media famous “celebrities”. These people are well worth reaching out to and may be part of an online community that’s worth joining if you want to get your name and your face out there.
Give out something for nothing
Everyone loves a freebie and giving people a first taste for free will be a great way to introduce people to the quality of the products you offer. If, for example, your baking prowess is what’s going to build your next business empire, look for opportunities to give out free samples at social functions, events or even after church or your kids’ cub scout meetings. It’s a great way of ensuring that the next time they’re on the lookout for an awesome caterer, your name will be at the forefront of their minds.
All it takes is a little knowledge and some elbow grease and your side hustle could take your family’s finances to the next level.