Social Media Merchant Success Stories [2024]
A social media merchant business is a type of e-commerce business that utilizes social media platforms to sell products or services. This type of business involves building a presence on popular social media sites such as Facebook, Instagram, and Twitter and using these platforms to reach and engage with potential customers.
To run a successful social media merchant business, you must clearly understand your target audience and the types of products or services that will appeal to them. You should also have a strong online presence, well-designed social media profiles, and a website showcasing your products and services.
Another important aspect of running a successful social media merchant business is staying up-to-date on the latest trends and best practices in social media marketing. This includes using hashtags and engaging with your followers, as well as using paid advertising to reach a wider audience.
It is also essential to have a solid customer service plan, as social media provides an easy way for customers to reach out with questions or concerns. Responding promptly and professionally to customer inquiries can help to build trust and loyalty, leading to repeat business and positive word-of-mouth referrals.
Finally, it is essential to regularly track and analyze your social media marketing efforts to understand what is working and what may need to be adjusted. This will allow you to continually improve your strategy and ensure that your social media merchant business stays relevant and successful.
In this list, you'll find real-world social media merchant success stories and very profitable examples of starting a social media merchant that makes money.
1. RecurPost ($420K/year)
Dinesh, founder of social media scheduler RecurPost, started his entrepreneurial journey after completing his Ph.D. in Computer Science. After creating multiple products that didn't gain traction, he pivoted his social media management tool to focus solely on repeating schedules, which resonated with users and led to the success of RecurPost. With over 25,000 users and $20,000 in monthly revenue, the business continues to grow and improve its features based on customer feedback.
How much money it makes: $420K/year
How many people on the team: 15
Dinesh, founder of RecurPost, explains how he started as a research scientist before pivoting to entrepreneurship, creating over 30 products until he got traction with RecurPost, currently making $20k per month with over 25,000 users, generated organically through high ranking websites and a generous 20% affiliate program, while being a customer-centric company.
2. @cowboyfeed ($6K/year)
Samuel Sternberg, a 15-year-old football fan, created the Instagram page @zekefeed after being inspired by his favorite player, Ezekiel Elliott. Through hard work and hustle, he grew his page to over 50,000 engaged followers and now sells ads for revenue. He plans to expand by creating his own products in the future.
How much money it makes: $6K/year
How many people on the team: 0
A 15-year-old boy created an Instagram fan page for NFL player Ezekial Elliott which garnered 50,000 engaged followers and nearly 20,000 additional followers in the last two months alone, with currently no expenses aside from ads, and hopes to start selling his own products.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.