How can you make money using Facebook?
Make money using Facebook by building a following, promoting your content, selling products, or promoting sponsored content. The more people you have following you for content or information, the easier it is to sell products and monetize.
Imagine, building a massive Facebook following and being able to make money on demand. Do you want to make an extra one or $2,000 every month?
Facebook is a money making machine when you know how to use it.
Luckily for you, I’m going to show you how to make money using Facebook. I’ll show you some of the best features for making money and give you some ideas to get started. If you work hard enough, you can start making money from Facebook.
This article may contain affiliate links which pays a commission and supports this blog. Thank you for your support!
How to make money using facebook?
The easiest way to make money using Facebook is to build an audience around Facebook pages or groups. When you have an audience, you are able to sell or advertise to your audience and make money. Examples of how you can monetize include building a following, promoting your content, selling products, or promoting sponsored content.Click to Tweet! Please Share!Click To Tweet
Build a following or list
One of the most common strategies for marketers to make money on Facebook is building a following. Your goal is to build a list of people to pitch products, generate leads, or send sponsored content.
Have you ever heard the saying, “the money is in the list?” The saying is a concept that means the more people you can reach, the more money you can make.
Facebook is a great tool for building a list to distribute your message to people. You could have a Facebook following of 100,000 people. That’s 100k people who hear your messages or see your product for sale.
Let’s assume you’ve built a 100k following around weight loss. You could send out a post on Facebook which advertises your new weight loss course and instantly reach 100k people.
Assuming 1% of people buy, you’ve made 1,000 sales for simply having a list. A $40 product would make you $40,000!
But what if you don’t have your own product? You can always find someone else’s product to sell if they offer a commission. Assuming the product is $40 with a 50% commission, you’d earn $20 for every sale.
You can also advertise for companies and get paid. Companies will pay you to send a message to your list about their product or service. You get paid for having an audience and you can charge more money the larger the audience is.
Promote your content/display ads
You can use Facebook to promote your content which is monetized with display ads or affiliate products. The goal is to use Facebook as a means of getting website traffic or video views. For example, bloggers and YouTubers can increase their views by stealing traffic from Facebook.
Most bloggers and YouTubers make money by showing display ads on their content. Some even use their content to promote product offers. The more views the content gets, the more money the content creator makes.
You could have your Facebook page or group full of followers. Whenever you produce a new piece of content, show it to your followers to get some traffic.
Affiliate marketing is the process of promoting someone else’s product for a commission. You earn a portion of the sales price as an incentive to promote the product. Use affiliate marketing to show products that would benefit your audience.
For example, you might have a Facebook group which focuses around healthy eating for diabetics. Someone might ask the group a question about healthy eating for diabetics.
You can find an ebook or course which helps diabetics adjust their eating and offers a 50% commission. You respond to the question with a helpful answer and recommend the ebook as a helpful resource.
The goal with affiliate marketing is that you provide helpful information. Avoid being salesy, but instead, be helpful and recommend helpful resources.
Sell your products
Rather than sell someone else’s products, you can sell your own products. Creating and selling digital products takes time, but you get to keep all of the profits. You can also find people on Facebook that would be interested in promoting your product for a commission.
We’ve already talked about how Facebook Groups and Pages are a good way of building a list. Your list is the perfect place to sell your own products.
You can create a digital product in one weekend. Your product needs to have immense value to the people you’re promoting it to.
Remember, you could have a list of 100k people and sell 1,000 copies of your product. You could price your product at $15 and make $15,000 for a little bit of work.
Facebook is also a good networking tool. You can find other content creators and reach out to them to see if they’d be interested in promoting your product. You offer a 50% commission and they do the work to sell the product.
Promote sponsored content
Companies like Izea allow you to connect with major brands who are interested in advertising to your audience. When your audience is large enough, you can make serious money through sponsored posts.
For example, you might have a huge following on a Facebook page that posts pictures of shoes. You might get on Izea and score a deal with Nike or Adidas to post certain pictures or deals for your audience.
You’re working with large brands that have large advertising budgets. These companies are wanting to reach customers anywhere they can. The more focused your Facebook following is on a certain product, the easier it will be for you to make money.
Advertise for companies
Imagine building a Facebook page or group which focuses on local events in your area. You reach out to local companies and see if they’d be interested in advertising. It takes time to build up a large enough Facebook audience, which is why local companies are willing to pay for advertising.
Facebook features for marketers
Facebook has Ads, Groups, and Pages which can help you as an online marketer. Identify which platform will work with your marketing strategy. At first, focus on only one strategy and learn to master your marketing before moving onto a second.
Facebook Ads are a good way of generating leads or advertising your product. You should use ads to increase your following or sell a product.
For example, you could have an email list or newsletter. You spend money on Facebook ads to increase the number of email signups. Alternatively, you could spend money on ads to advertise your product to millions of Facebook users.
Facebook groups are good for building a community around a specific topic of interest. Groups tend to produce a lot of content for themselves, but you give up some control over what the group sees. Groups are good for sending traffic to your website or YouTube channel.
For example, you could have a Facebook group focused on weight loss. You’ll notice a common trend of questions that seem to always come up. You could write a blog post or video which answers that question and send it to everyone who asks.
Facebook pages are good for building a list for you to promote products and content to. You have to constantly feed the page with interesting and helpful content. Eventually, you’ll find an opportunity to send your product, offer, or sponsored content.Click to Tweet! Please Share!Click To Tweet
Summary: Make money using Facebook ($100 per day)
As you can see, there are many ways to make money using Facebook. One of the most important strategies is to build your own Facebook list through Pages or Groups. Use your list to promote your content, sell products, or advertise sponsored content.
Alternatively, you can use Facebook ads to directly advertise your products or increase your following. Increasing your following is a good way to generate future revenue.