Question

Other ways of generating revenue on SM sites:

Answer 1

There are several other ways to generate revenue on social media sites, including advertising, e-commerce, and affiliate marketing.

Step-by-step explanation:

There are several other ways to generate revenue on social media sites. Some of these include:

1. Advertising: Social media platforms offer various advertising options, such as sponsored posts, display ads, and influencer partnerships. Businesses can pay to promote their products or services to a targeted audience.
2. E-commerce: Many social media platforms allow businesses to set up online stores directly on their profiles. This enables companies to sell products or services directly to their followers.
3. Affiliate marketing: Businesses can partner with influencers or other relevant websites and offer a commission for each sale referred through their social media links.