You’re most likely one of the over 2.2 billion people that have a Facebook account and are actively using it every month. Maybe you use Facebook just for getting the latest news or connecting with friends, family, friends classmates or even workmates or even just for entertainment.
Although Facebook helps you to stay in touch with friends and relatives, it also offers great opportunities to make money for people. There are several ways you can earn money from Facebook in 2020 directly and indirectly and the good news is all you need is a Facebook account and some resourcefulness to cash on the greatest social media platform in the world.
Facebook is the most popular social media site and the third most popular website in the world as a whole, surpassed only by Google’s search engine and YouTube. It means that whatever you create or post on Facebook has the capacity of having a huge impact worldwide. Facebook on its part has released many tools that allow people to earn money since they know Facebook has the potential for users to earn. This article will discuss 7 of these easy ways you can monetize Facebook and even grow your business within the Facebook community.
#1. Creating Facebook Content
This is one of the easiest ways because facebook encourages individuals with outstanding abilities and skill set or knowledge to take time to create digital content. This digital content can then be sold through a 22Social app. Among the digital contents you can sell or even rent out are audio and video content or even PDFs. Facebook also offers an excellent online tutorial for creative individuals who want to use 22Social and the social media platform to monetize their content.
Like I said earlier it’s an easy way to monetize your content because Facebook has provided all the necessary tools, all you need is a Facebook page, a free 22Social account, a legitimate PayPal account and a free or paid digital hosting account like, among others, Dropbox, Vimeo, YouTube, Google Drive and SoundCloud. The moment you rent or sell your content you earn money.
#2. Utilizing Facebook Market Place
This facility is a hundred percent free and is provided by Facebook itself. The market place enables you to list and explicitly advertise various items, services and offers within the Facebook community. You could literally advertise just about anything on the market place. This feature allows you to reach thousands of people through your own social network while allowing Facebook friends to inform others of what you are selling.
The caution though is that you can only sell an item or service that follows the standards of the Facebook Group. The buyer will see your contact details and contact you, he can then inspect the goods and finalize price, shipping and other necessary procedures.
#3. Engaging In Influencer Marketing
This is like being a middleman and it basically has to do with you looking for people with large followership and a huge network of friends, then offering them money to promote a particular brand or concept through their page. When you link them with any brands, you are entitled to a percentage of their payments. Also if you can manage to grow your own page with large followership , then you can market yourself directly t lo brands and keep all the financial returns.
Facebook is a very security sensitive site, so you have to be cautious when doing influencer marketing. You have to be especially careful with political and religious issues. However, brand marketing will bring you no problems and there are millions of brands on Facebook that you can market through influencers.
#4. Engaging In Affiliate Marketing
The system of affiliate marketing enables you to promote a service, good, product or brand to your contacts through a Facebook page or group. There are literally thousands of merchants including big names like Flipkart and Amazon that want to pay you to promote their brands and products.
You can engage in this by signing up for affiliate marketing programs offered by these organizations. After successfully registering, you can then post their content on your Facebook page or even share it with a group. You stand to make some money every time an interested party looks up the advertising or material you posted and becomes its customer.
#5. Creating A Facebook Group
For various reasons, people are opening group pages on Facebook. There are two types of Facebook groups: open and closed Facebook groups. People can enter at any time into an’ Open’ group. The other group is a “Closed” group where membership is only by invitation or order.
The basic advantage of opening a group on Facebook is that it allows you to work as a micro-influencer or cause, political party or company. At your disposal, yo can invite friends to join the group as well as invite others. You can decide to close the group when you reach the desired amount of membership.
A closed Facebook group allows you to influence members about anything and you can get paid by brands and related industries for influencing members with regards to their products.
#6. Selling Facebook Likes
This is a super-easy way to make money on Facebook. There are sites that support a Facebook page selling’ likes.’ There are so many advertisers who will pay you for sending a Facebook page to your friends.
All your friends have to do is click the like button on that page and you could charge the marketers fro every single like clicked by your friends. According to various reports, including one reported by National Public Radio (NPR), for any Facebook page, people charge up to US$ 75 to offer 1,000 likes. From this you must have realized that selling likes is a fast and super-easy way to earn especially when you’ve garnered a good amount of followers.
#7. Utilizing Facebook Ads
Facebook Ads is a program that is provided to corporate and individual customers by Facebook itself. It’s one of the tools Facebook has created to help those interested like you to make money on the platform. It allows you to create and distribute various kinds of ads targeting a specific group of people based on their age, gender, location, occupation and other demographic parameters.
You will definitely make money by advertising via Facebook Ads if you have a small home-based business. Depending on your use and target audience, the social media company offers free and paid Facebook Advertising packages which you can use especially for promoting your business or brand.
You can also earn money by posting advertisements on behalf of organizations that wish to remain anonymous, and believe me there are so many of such organizations especially those that seek to hire employees. Such companies or organizations would rather pay you to do the advertisement than reveal their identity and that’s where the real cash is. If you could create just one of such ad for a big firm, you may not even need to work for the rest of the year because you will be paid handsomely.
No doubt you’ve seen at least one way you can make money or even grow your business on the world’s largest social media platform right from your house. In addition to the ways stated above, Facebook allows you to link your account with a variety of applications and this can enable you to open an online store and make sales. When it comes to ways of earning on Facebook, the list keeps going so create an account today if you haven’t already done so and start earning. Remember all you need is an account and some resourcefulness.
