What’s staggering about living in the current landscape is the various ways of making money online at our disposal. There are tons of platforms that allow their users to earn big bucks. One platform that has become the talk of the town is the Share Chat App.
What is The ShareChat App?
It is an Indian social networking service created by the Bangalore based Mohalla Tech Pvt Ltd. Incorporated on 8 January 2015, ShareChat App, was founded by Bhanu Pratab Singh, Ankush Sachdeva, and Farid Ehsan.
Since its launch, the app has gained over 160m+ users. As of today, the app is valued at over $3 billion.
How To Make Money on The ShareChat App?
In order to start earning money on the ShareChat app, you must finalise a niche for your content. You can make content on motivation, education, fashion, and sports, amongst others. Possessing a niche allows users to earn money effortlessly on the ShareChat app.
Once you’ve decided on a niche, post content around the same. Now let’s get into the different ways of making money on the app.
1. Refer & Earn
Like other social earning apps, ShareChat also gives you money every time you refer the app to a friend. All you have to do is invite your friends via different mediums or a direct referral link.
In order to get your referral link, you have to click on the coin icon available on top of the app. An individual can get up to INR 40 for every referral. However, one can only send 20,000 referrals or invitations in a month.
Users get their referral money in the form of ‘Lifafa’. The first and second Lifafa can be redeemed instantly. For the others, however, there’s a four day waiting period.
2. Affiliate Marketing
All of us have heard of Affiliate Marketing. Numerous YouTubers and Bloggers use it to earn money. In Affiliate Marketing, individuals get a fixed percentage on the price of the product or service.
So you can advertise the products or services of organisations on the ShareChat app and earn a commission on the same.
3. Champion Program
ShareChat app has a Champion program using which individuals can earn money. However, this method of making money is slightly complicated. It requires you to participate in the ShareChat campaign.
Are you wondering how to make money on the ShareChat App using the campaign program? You have to make five videos using the camera of the ShareChat App that has your own audio and upload the same.
Within a few days of uploading the five videos, a star icon gets displayed on your profile. The minute this icon comes on your profile, you can start participating in this program. When you click on the star icon, leadership will get displayed. You can earn up to INR 50,000 with the same.
But for that, your profile must get selected. In order to ensure you get selected, make your videos as creative and unique as possible. The team behind the program keeps a close eye on the originality of your content. So avoid posting some else’s content at all costs.
If selected, the team will check the statistics of your top three videos. These will be the most liked and shared videos amongst the ones you uploaded for the competition. After that, a weekly rank will be created. That is, your profile will be given a score.
You will earn money based on your weekly rank at the end of every month. The money you’ve earned gets transferred to your Paytm account.
4. Paid Promotion
Individuals who are active content creators on the ShareChat app and have a big following can earn money, on the app, through paid promotions. You can give shoutouts to smaller brands and organisations and get money from the same.
The charges will depend on your reach and engagement. Moreover, you can also bag deals from prominent brands from your niche if you have a significant following.
5. Driving Traffic To Other Social Platforms
Unlike YouTube and Facebook, you can earn money directly through your content on the ShareChat app. Apart from the earning methods mentioned above, you can also drive your audience to other social platforms.
For instance, if you have a YouTube channel, driving your ShareChat’s audience there can help immensely. Not only will it increase your video’s views, but it will also allow you to boost your subscriber base. As a result, you’ll be able to earn money through YouTube using the ShareChat app.
What Do You Need To Start Earning Money From ShareChat App?
There are a few things that you should keep in mind in order to start earning money on the ShareChat app:
1. Create a ShareChat Account
It is important to create an account in ShareChat app in order to start promoting and earning money. When you are creating the account, it is essential to think carefully and select the categories. Make sure that you select topics and categories that are related to the products that you will be promoting. This proper selection will bring in more users as your account is narrowed down. With this method, you can properly target the kind of audience you want to promote to.
2. Increase Followers and Reach
It is essential to increase your followers and reach so you can promote to a wider audience and earn a higher amount of money on the ShareChat app. But only uploading content promoting your product might not appeal to the audience too much, and this could lead to you not gaining significant followers or reach. Hence, it is important to always switch between promoting your product and making content that shows uniqueness but is still relevant to your topic and your audience.
It is important to remember that posting duplicate content can harm your account and its credibility. Make sure you are always posting new content and you are consistent with it. Using proper hashtags and joining groups will help increase your reach and bring in more followers.
Why is The ShareChat App So Popular?
The reason it has become so popular in the Indian market is multifold. Firstly, it acts as an entertainment source for individuals. Individuals get to see videos, images, memes, and more on the app.
All that becomes possible due to factors like private messaging, a personal messaging feature, and tagging. In this way, the ShareChat App combines fundamental attributes of famous apps like Instagram, Whatsapp, and Tik Tok within a single app.
Secondly, this app is available in 15 Indic languages. Users can use ShareChat Hindi, ShareChat Malayalam, amongst other versions. As a result, individuals get to share language-based and regional content.
Additionally, it allows users to become content creators by uploading their videos and images. Using the ShareChat app, one can make videos within minutes.
When Tik Tok got banned by the Indian government in 2020, the ShareChat App was quick to capitalise on the same. The organisation launched the Moj app with features similar to Tik Tok. That is why it allowed them to grow substantially.
But that’s not all. ShareChat also allows its users to make money on their app. Read on to know how you can use the Share Chat app to make money.
FAQs on How to Make Money on ShareChat
Here are some frequently asked questions on How to Make Money on ShareChat:
What is ShareChat used for?
It is the top Indian social media platform that allows its users to message privately, document their lives, tag people, share their opinion and make new friends in their native language.
Is ShareChat profitable?
ShareChat allows its users to make money on their app. After TikTok was banned in India, ShareChat decided to capitalise on the same and released the Moj app with similar features allowing them to grow exponentially. They generated a huge percentage of revenue, making it a profitable venture.
How many users does ShareChat have?
The app has over 400 million monthly active users across all its platforms.
Who owns the ShareChat app?
The company is headquartered in Bangalore, Karnataka, and was incorporated in January 2015 by three IIT Kanpur graduates. ShareChat’s holding company is named Mohalla Tech Pvt Ltd.
Why is ShareChat so popular?
In various ways, ShareChat represents the core of India. The app’s feed is always bursting with videos, images and content in local languages and dialects, making it a platform available and suitable for the diverse culture and people that India harbours.
Making money online isn’t always easy. That’s where the power of social apps comes in handy. You can earn money using social networking apps by investing a couple of hours daily. The ShareChat app is an efficient, modern way to make money online.
If you thought that the ShareChat App was all about entertaining videos and memes, then you’ve been living under a rock. However, making money on this app isn’t all that easy. It requires you to uniformly post original content and work on growing your follower base.
If you’re a student or someone looking to earn a few bucks online, then the ShareChat app can be exceedingly beneficial for you. All the different ways of acquiring money on the app above come tried & tested. So go ahead and pick the one that works for you. You can also use these techniques simultaneously to start earning immediately.
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