"In 2024, technology keeps changing fast, giving rise to new ways of earning."
That's Entrepreneur's take on what it calls the "bold new world of personal brand monetization"what it refers to as the "digital economy" that will be booming in 2024.
Here are eight ways you can make money from your brand in 2024, culled from Entrepreneur's list: Social media: There's no better way to connect with your fans than by having them "like" and "comment" on your posts on Facebook, Twitter, Instagram, YouTube, etc., says the founder of Social Reactor, a platform that helps social media stars make money.
"In 2024, technology keeps changing fast, giving rise to new ways of earning," she writes.
"Think virtual reality experiences where fans can hang out with their favorite online persona or exclusive content series for special followers.
Creators now pair up with apps using artificial intelligence to match them with brands that fit their image like a glovethis means ads feel natural and trust stays strong between influencer and audience.
Live streams get more interactive, letting viewers shop the products seen in real time.
Each trend is a new chance to connect deeper with people and turn that bond into profit without losing sight of who you are
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.