Quora is one of the most popular social media platforms where users can ask questions that come into their mind. Other users can give them the answer to their question. But can you really make money from Quora? While I was doing my research on this, I found some really interesting insights. The social media platform provides two main ways of earning money. One is definitely more effective than the other.
So, Let’s get started….
How To Make Money Using Quora?
Quora is one of the simplest social platforms. Any user can start a discussion. Suppose, a person asked a question. There will be many users who will answer a question and thus, begin a discussion. This is mainly because other users can also leave their comments on answers.
Quora offers two primary ways for users to leverage it for monetary benefits. The first way is to join the Quora Partner Program. After joining this program, you can help people solve their queries. At the same time, it offers you an opportunity to showcase your skills and lets others know that you are a professional. When you start a profile on Quora, it can help you manage the reputation for SEO since quora is a highly searchable platform for search engines, especially Google. Let’s get into the details of the options by taking a detailed look at them.
Quora Partner Program
The Quora Partner Program rewards people for writing questions that are engaging. For this, the platform can also offer them monetary compensation. It’s an invite-only program and there is the secrecy surrounding it. Moreover, the information available online is also very scarce. However, here are some things that I know about the program.
- It is invite-only.
- Quora pays users to pose questions.
- If you want to get selected for this program, it is important that you pose meaningful questions and write engaging answers on a regular basis.
Even though it seems like such a great idea, there are some downsides to think about. If you use Quora itself to search for this program, you will find many comments that berate the entire idea of it. According to users, the Quora Partner Program is contributing to a lot of falseness on Quora. They say that the platform used to be about real people asking real questions. The purpose of answering questions was also to help others.
Apparently, the Quora Partner Program has been responsible for creating a lot of questions that reflect a Clickbait attitude. Apart from attempting to start conversations, they don’t usually serve a true purpose. However, you can check out the press release that indicated the onset of the Quora Partner Program back in April 2018.
How Much Money Can Quora Partner Program Help You Make?
The credit goes to Quora for already providing a thorough answer to this question in detail. Let’s take a look at the gist and highlights.
- There were some users who barely made a dollar a month.
- On the other hand, some users made thousands of dollars.
- The chances of users making money are high when they ask a lot of questions that receive many answers.
- In 2019, the Top Earner on Quora made around $50,000 and asking somewhere around 20 questions in a day.
As you can now see, making money with the Quora Partner Program is definitely possible. However, it’s mandatory to ask some serious questions. Since this practice generates a lot of traffic for Quora, they don’t have a problem with it. However, it’s not possible for you to join the Quora Partner Program on your own. Quora needs to invite you for the same.
Using Quora For Uplifting Your Professional Trade
Another way to earn money on Quora is to make a profile and keep answering questions in a meaningful way. Gradually, people will start to realize that you are an expert. When you are making a profile, not only do you enter credentials but you can also write a description that tells who you are and showcases your skills. Another great thing is that you can include both images and links in your description. In this way, you can also link to a website or a business page.
Let’s take a look at an example of how you can leverage this feature and avail the benefits of quora.
Use Quora For Growing Your Business
The main reason behind so many people loving Quora is that they get answers to very specific questions. Suppose, someone is looking for ways to lose weight. What if you happen to be a fitness trainer! Imagine the kind of valuable and useful information you can provide them with. In the process, you can also tell them that you are a personal trainer. This will indicate that the source of the answer is credible.
In the description, you can also link to your website. If you are providing some really awesome and useful answers, people are likely to check out your website. Now, if someone is in a place that they can afford a personal trainer, there is a great chance that they might consider you.
Since you have been super active online, solving people’s queries, you are sure to pop in their head when they are thinking about something fitness-related. However, it might not be the best way to gain some reliable traffic. After all, it is still a social media platform.
Why do you have to be careful while using Quora?
If you keep on posting way too much or put links in all your posts, there is a great chance that Quora will flag you for spam. There are many examples of people getting a lot of traction from the platform. However, ultimately, their accounts got banned. So, if you don’t be careful while using Quora, all your hard work will go in vain.
This is how I feel about earning money from Quora…
In regards to earn money, Quora holds a lot of similarities to other social media platforms. If it looks like you are trying to make money, even though you might not face a ban immediately, you might not get a lot of success from it. But you’re obviously trying to earn from Quora! However, if you are using Quora legitimately and adding value to others’ lives, it will help you in the long run. All in all, it shouldn’t look like you are deliberately trying to use Quora for the cash.
When you genuinely solve people’s problems, they are more likely to turn to you. Moreover, when they also see that you are not trying to promote your business every single time, they are more likely to turn to you often. There is one very crucial thing about adding value to others’ lives. It comes around eventually and benefits you in ways you can never imagine.
What I Think About The Quora Partners Program
I’m surprised at the extent to which the program is lucrative. However, I also believe that it’s going to take a lot of work if you really wish to get to that point. As for what I can foresee, you’re not going to like it. A decrease in payments in the future.
Well, this is how things tend to pan out. In the beginning, everything starts out really well and the company showers the candidates to get them out in the mainstream. However, later, when the profits increase, they want it all for themselves. So, companies limit expenditure.
Now, I’m not saying this is guaranteed. After all, the program hasn’t been there for a long while. It started in 2018. Plus, you obviously can’t count on it. There is no surety of you ever getting invited.
Does Social Media Marketing Really Benefit a Business?
The ways of earning money using social media are endless. We have already written plenty of posts about various topics. However, you need to keep in mind and also use social media the way it was originally intended to be.
After all, it’s not YouTube or a blog. Content is likely to end up out of search results real quick. Trying to get everywhere a little bit won’t let you leverage the full benefits of a social media platform. But if you focus on 2-3 social media platforms and go all in, you can easily reap the benefits they have to offer. In this case, exercising a dedicated approach is a must.
The real question here is whether you should try and make money on Quora by posting as well as answering questions. First of all, you should know that there is no shortage of earning money online. It’s about trading your time for cash. The best way to earn a massive fortune is by starting an affiliate website of your own. This is an amazing way to keep on earning even while you are asleep. As for Quora, you can be an active member of the platform and if they invite you, you can establish a great source of side income!
If there’s anything you think I’ve missed – talk to me in the comments below!
Like This Post? Share It With Your Friends! And For More Tips On How To Make Passive Income Online, Make Sure You Check Out The Following Posts…