6 Real Ways To Make Money With Facebook

Written by on May 3, 2018

Although Facebook was initially launched as a purely social platform with the aim of helping friends keep in touch, it has evolved over the years to become the most valuable platform for businesses and individuals looking to earn money. With over 2.20 billion active monthly users and about 1.15 billion mobile daily active users in 2018, this platform will continue to take the center stage in most individuals and businesses marketing plans. In fact, some people fully rely on FB to earn a living a change from the early days when making money with this social media giant was only a part-time job. Depending on your interests and knowledge, there are several proven ways to make money with Facebook.

However, before delving into ways to make money with FB, it is important to highlight statistics that every person should know. Statistics show that the best to post at about 7 pm with posts done at this time generating more average clicks. Furthermore, the highest traffic occurs mid-week between 1 and 3 pm. It is also worth noting that engagement is higher on Thursdays and Fridays. Moreover, the most common age demographic is between the ages of 25 and 34 at 29.7-percent. It is also vital noting that people are not only reaching to their friends with 52-percent of respondents on a survey saying that Facebook has helped them find a new retail product that they were interested in buying.

Things you should do first in order to make money on Facebook

If your interest is to earn a living through FB, you must position yourself for long-term success rather than posting and hope that someone will find your product. The first thing you should do is to create an appealing profile. People are more willing to hear and do business with people they know, like and trust and the profile offers you the opportunity to let the world know about you. Your profile should have your profile picture, cover image and an about section. You should also regularly post publicly what you do for a living.

You should also take advantage of the Facebook Messenger. If you have a prospective client, you should reach out to them on messenger. However, your contact should not sound sales but a helpful hand to help them find something they need or solve a certain problem. In your messenger conversations, you should provide them with additional information such as videos, pictures, and details of your offering. You should also keep in touch with your followers. You should have a balance between business and personal knowing that too much of either will result in failure. Other than just posting about your products, you should also interact with your friend posts. You should also continuously grow your friends as well as create pages and groups to provide your posts with more interactions.

The popular ways to make money on Facebook

Affiliate marketing

Affiliate marketing is the most popular way to make money on Facebook simply because it does not have specific requirements or even knowledge. Anyone can become an affiliate marketer and there is no limitation on the things you can promote. To start affiliate marketing, you should find an affiliate program or any link-type advertising program that offers you better returns on your efforts. These programs provide you with a unique ID and materials that you can use to market and then pay you a commission of the business that you generate. In order to make a substantial amount of money, you should look for well-paying affiliate programs or websites. It is always beneficial to start with the well-known brands such as Amazon as it is easy to convince people to click through from your post. Once you have a following, you can slowly introduce less known programs. If you will be promoting different products, it is good to have different pages for different products.

Selling e-books

If you are a writer or you have a specific knowledge, you can make money by selling your knowledge on Facebook. E-books are simply book-format publications that are electronically distributed and thus, unlike book publishing, they are not expensive to create and sell. You only have to select a subject that will generate interest with the how-to guides being the most rewarding choice. People are looking to improve themselves and thus, they are more likely to pay for the quality knowledge that makes them better. Once you have published the e-book, you should then creatively sell it to your audience. You should advertise it several times a day on your account to reach out to people who visit Facebook at different times. You should also mention your e-book on your posts if the post relates to the e-book.

Using a fan page

If you do not have a fan page, you should create one that reflects your interest in traveling, fishing and funny page. You should then write good content and engage as many individuals as possible until your page gets a good response and good amount of likes. Once your page starts attracting a high level of engagement, you can now move to the next stage of making money with Facebook. With your fan page, you can earn by promoting and selling products, adding ads and selling Fan page posts. You can also use your fan page to get traffic to your website.

Enter contests and giveaways

If you are looking for a direct way to earn money with Facebook without much effort, you should join contests and giveaways. Almost every business that uses FB runs contests and giveaways in an attempt to increase their audience and promote their brand. To join these contests, you should follow local and big businesses as well as read the terms and conditions of the contest. The good thing about these contests and giveaways is that you do not have to put your effort than just to share and comment.

Drop-ship products

If you love selling real products and services, drop shipping on Facebook is a sure way to start making a substantial amount of money. You only need to know the place where you can source products to start making money. The good thing about drop shipping is that unlike affiliate marketing where you get a certain percentage of the sale, you decide your profit by determining the final selling price. In order to effectively make money using this option, you should look for wholesale stores and distributors willing to sell small quantities at wholesale price. Nevertheless, in order to use this option better, you may have to join the FB marketplace as well as groups designed to sell products.

Become a brand ambassador or accounts manager

There are many people and businesses who do not understand how Facebook works or who do not have time to manage their accounts. You should look out for them and sell your Facebook ability to them. In some occasions, you can also look for prominent individuals and politicians to manage their accounts. Furthermore, if you have a big influence, you can become a brand ambassador. The work of a brand ambassador is to promote products and services for a company and the company pays you for your effort.

Conclusion

If you would like to make money on Facebook, you must keep looking for new things that you can do or sell. You must also learn better ways to market and promote yourself on the platform. In addition to making money, you should not forget to increase your audience as a bigger audience results in bigger, better opportunities. Your efforts should also not be only about making money as your audience may get bored and opt out and thus, you should seek to engage with your audience more than you ask them to buy your products.

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