With 1M of social media traffic monthly from tier 1 countries, you're sitting on a goldmine. If you’re only working with one affiliate network, consider branching out to others or adding more affiliate offers that match your audience's interests. This can increase your earnings. MGID could be a great fit for you. They specialize in native ads, which blend seamlessly with your content and can help you monetize that traffic without disrupting the user experience. Since your traffic is from tier 1 countries, you can expect higher CPMs and better earnings.
Start capturing emails if you haven’t already. This way, you can market to your audience directly, promoting affiliate offers, products, or services.
Make sure your content is also optimized for search engines. This will help you diversify your traffic sources and potentially increase organic traffic.
By combining these strategies, you can maximize the revenue potential from your existing traffic. MGID, in particular, could be a great addition to your monetization mix, given their focus on high-quality, native advertising.