How to Make Money On Facebook: Do not only chat and waste your money while using Facebook. You can chat on Facebook for fun and earn money as well. There are several ways you can make money on Facebook and increase your money in your bank account. Follow this article step by step to see different ways you can make money on Facebook without stress but just by pressing your phone.
Facebook might not sound new and trending anymore because it has been with us for a while. But you can’t deny its popularity and the traffic it has created.
Approximately, over 2 billion people are using Facebook and over a 1.3billion are active on Facebook every day, imagine the audience.
It is not surprising that people and businesses are making money from this social network because of its large audience.
How to Make Money On Facebook
It can be challenging, though, to make money on Facebook. Because of Facebook’s sheer size, it can be challenging to stand out from the crowd. This is particularly the case now that Facebook only shows a selection of posts in a person’s feed.
The posts you see on your Facebook newsfeed are combinations of your interests and the pages you visited or lived apart from your friend’s post. The search you make on Facebook detects the kind of ads you see on your page. These are very sensitive things.
Making money on Facebook requires enough commitment just like building a house. You have to build your house to the last, cover your zinc, put windows, etc In order for you to live comfortably. Same with Facebook. You have to build your Facebook account first in order to make money.
Tips on How to Make Money on Facebook
Are you an individual or a business owner and you want to make money through Facebook? This article will help you with easy ways to learn how to earn money on Facebook
You can not just start making money just because you have opened an account on Facebook. Follow these tips to know more.
1. Build Your Audience First
As a Facebook user, you need to have more than enough followers if you want to earn on Facebook. The least you can start is 1k followers.
Your followers are your audience. They are the channel through which you can earn money on Facebook. 1k is the least number of followers you should have.
Having a large number of followers up to one million is very essential to get enough views from which you get paid. It is estimated that 1 million views pay about $1,000.
Sometimes, a video with about 1 million views can earn upward of $1,500 depending on the CPM rate, or cost per thousand views.
Building a large audience is one step to earning money. If you have a large audience already then you should pay attention to the next step.
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2. Post Attractive and Creative Contents
Having a large audience is one thing, and keeping them is another. To keep your followers glued to your account you need to post attractive and creative content.
The foundation of any successful plan to make money with social media is good content and lots of it. On Facebook, that means a stream of interesting links, images, and updates every day.
Search for a niche and fill it with quality content. It doesn’t have to be a niche anybody else is filling, but it should be specific enough that it’s clear to the casual observer.
For example, you can post content about kids’ clothes, trending fashion, designs, etc. The more people view your content the more money you can earn and it brings traffic to your page creating more followers.
These contents also include publishing videos on Facebook. It is estimated that 1 million views pay about $1,000. Sometimes, a video with about 1 million views can earn upward of $1,500 depending on the CPM rate, or cost per thousand views.
3. Sell Through Facebook Marketplace
As a Facebook user, you must have seen the upgrade happening on Facebook every time. Facebook introduced a marketplace where you can sell and showcase your business.
Like we said earlier, billions of people are on Facebook. Imagine the money you can make if these people get to see your products and demand them.
Depending on your location, you will see a wide variety of goods and services for sale on the Facebook Marketplace. These are listed in categories ranging from home appliances, vehicles, clothes, etc.
You could earn some money by placing your spare goods on the Facebook Marketplace. You may have to enter into negotiations with people, so be sure to keep in mind the lowest price at which you are willing to sell.
4. Start Affiliate Marketing
Since you already have a good fan base then anything is possible with your Facebook account. Affiliate programs provide you with a unique ID and marketing materials, and then pay you a commission based on how much business you generate.
So try to find a Good Affiliate marketing website and start earning. When you post a website on a page or account, and your followers click on it, the owners of the website pay you money for the traffic you bring to their website. These will be done under negotiations between you and them
Start with well-known brands. Amazon offers a competitive affiliate program that pays a percentage of any purchase a person makes after clicking through from your post, even if it’s not anything you advertised.
Once you’ve decided to market a company as an affiliate, search the company’s site and fill out the required forms. This should always be free, and usually only takes a few minutes.
Make posts for each of them daily, and maintain your accounts fastidiously. With luck and a good central account with a lot of followers, your affiliate accounts will begin to get followers as well. Whenever anyone clicks your posts and buys something from one of your affiliates, you earn money.
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5. Sponsored Ad
Even when you chat on Facebook you will see this on your newsfeed pop up. It can be anything ranging from books, sports betting, etc.
They are called sponsored advertisements. If you click on this sponsored ad someone somewhere is making money. Now imagine you are the one doing it.
Earning money on Facebook is quite easy, you just need to post the link to the blog and write some attractive descriptions that will make followers click on it.
Drive traffic to people’s websites or blogs through advertising their links at a cost you both must have agreed to. These websites or blogs pay huge amounts of money to Facebook users who advertise their links and bring traffic to their websites.
With Facebook Advertising it’s essential to remember where most Facebook users are in the Buying Cycle. They are not using the platform with an aim to buy anything at all.
It is not like advertising on Google, where potential buyers search for terms to help them make a purchase. People come to Facebook to chat and have fun.
Therefore it is your responsibility to build a sales funnel. To do this you want to reach as broad an audience as possible – so you should share a variety of content.
Provide a mix of links to quality blog posts, videos, funny anecdotes, controversial statements, infographics, and anything else you think will attract people to you.
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