Yeah, getting sponsorship and selling ad spaces will definitely be quick ways to get results. Also, I would try out some affiliate links and see which ones generate conversions firstwith that reach, try sponsored meme posts, affiliate links, and selling ad slots
Yes, mentions in stories also need to be tested, particularly for smaller brands who need exposure fast. Both stories and Reels can be packaged and tested to determine what works best for advertisers.You can offer paid story mentions instead of only putting ads in Reels.
It could work really well, but the challenge is that the products should suit the meme audience. First, I would try testing some relevant product links and see how many clicks and sales there are before populating the bio with lots of them.You can get sponsored products related to those memes and tag your shopping cart directly in your bio.