Part 5/8:
With a solid following, the next crucial step is monetization. Here are three effective strategies to start making money:
1. CPA (Cost per Action) and CPI (Cost per Install)
S Mik explains that CPA and CPI are advertising models that pay individuals per user action—either installing an app or completing a specific action (like signing up for a survey). Earnings can range from a dollar to several dollars per installation or action completed.
S Mik encourages new marketers to join reputable CPA networks, targeting suitable offers for their audience to drive installs and actions via Instagram posts and direct promotions. He highlights Sweatcoin as an ideal beginner-friendly CPA option, allowing for straightforward monetization once an Instagram theme page is established.