20 Ways To make Money on facebook
Generating income online is probably easier than generating it offline, for an
entrepreneur. The reason for this is that this that the startup costs have been
significantly reduced and the World Wide Web (WWW) is much more egalitarian than
real life. If you were an entrepreneur trying to get an advertising contract with a major
company in real life, your odds would be slim to none.
On the Internet, however, advertisers are relying on the average Joe to plug their
products and services.The same is true if you have a product that you've developed and
are trying to market in local retail stores,the time and money you have to put in to get it into
a single store can eat up any profits you might obtain from the sale. It's a lot of work and
you haven't even begun to generate income.
The Internet makes that process easier too by allowing you several avenues to sell your
wares online simply by placing photos and descriptions of them on the Internet in the right
areas.
Here are 20 simple ways you can Make money on facebook
1. Market Your Own Products
If you decide to market a product or service, be sure it is something you stand by and that it
resonates with you personally. First, and foremost, Facebook is a social networking
platform. If you are selling products that don't appear to resonate with your profile or your
mission in life, people will quickly spot you as a marketer and you will not get many people
wanting to be your friends. The key is to always market products that you believe in and that
a difference in other people's lives. That way, when they see who
is selling an item, it won't reflect badly on you and your Facebook profile.
On the Internet you can market your own products at a fraction of the cost it would take
to promote them physically from one retail store or outlet to another. Examples of
products that do very well on the Internet are virtual products like reports, ebooks, music
downloads, photographic content, and anything that you can sell in electronic format
that might appeal to someone viewing it online. These products are usually referred to
as “info-products.” The nice thing about info-products is that they lend
themselves very well to low overhead costs. You can produce one product and it takes
no effort to create multiple copies and have them delivered automatically through
autoresponders. Your sales cycle is very short and your costs are minimal.
You can also market physical products that you deliver in your geographical area or through
postal mail. Of course, this takes a lot more effort and you would have to include shipping
costs to the price of your product to be able to make a profit. You can even choose to offer
your products in several different formats. For instance, maybe some people want the
electronic download and others want a physical book.You can offer them a variety of
different formats and pricing to find one that suits them. Multilevel
marketing can also be done on the Internet and Facebook. If you've found a product that
you want to market, then you don't necessarily have to own the rights to produce it, just the
rights to distribute it. And,you might find it easier to recruit people in your down line using
Facebook.
2.Use Affiliate Marketing
You can also do affiliate marketing online. This is where someone else pays you to sell
their products for them. The commission you receive on the sale will depend on the
affiliate offer you are promoting.
In some cases, you can get up to 50% of the sale, if you pick the right offers. Here
again, you should pick things that resonate with your profile in Facebook.
Affiliate marketing links could end up cluttering your profile page, if you included them
as website links, and probably people wouldn't appreciate them. So, affiliate marketing
on Facebook can be a little tricky. You should be a little stingy with the number of
affiliate links you post on your profile or within your status line. This is an area you can
update daily with new offers, but if you do it too much, you will turn off people who come
to view your profile.
You should also want to start to build a demographic section of people on your email list
who are already in your sales funnel from your contacts on Facebook. Once they opt-in to
your email list, you can start to contact them about your affiliate offers off the Facebook
platform. This means that you might have to also set up some ads within Facebook to
generate the cross-section of people that you want to market to. Or, you might start them
into your sales funnel by offering a free resource on your profile in exchange for their
email address.This way, you've not placed affiliate offers on your profile directly, but you
have gathered the necessary information to start generating a mailing list for affiliate offers.
The application to use for affiliate marketing on Facebook is called RadicalBuy.
3.Advertising Revenues
There are a number of people generating revenue through sponsored ads, Facebook Social
Ads, and pay per click ads on Facebook. If you end up with a large cross-section of people
are friends that might be easy to market for a particular advertiser, then they might be
willing to pay you for some sponsored ads, however, this can't be done on Facebook
without violating the terms of the service agreement. So, you can still
attempt to get advertising revenues from sponsored ads, but they aren't allowed to be put
directly on your Facebook profile. They will have to be placed elsewhere, on your personal
website, or an outside blog.
The trick is to have them pay for the ad for a period of time, like a month. Then, you have a
residual monthly income coming in from a single text link, banner, or button on your other
content. You can direct Facebook viewers to your other areas by way of links on your
profile, even if the sponsored link is not directly on your Facebook profile.This can
generate significant income from your Facebook profile in a short period of time by
buildingrelationships within Facebook first, before you market them elsewhere.
4.Sell Services
Facebook can be an excellent resource for professionals who sell services. That's because
the Internet has made it very easy for people who need your services to connect with you,
regardless of whether you are in their geographical location or not. Add to that the
technological advancements that make online consulting and teaching very simple, and you
can see that there are quite a few advantages to selling services online.
The down side of selling services, instead of products, is that your time is limited.
If you don't make good use of the technology available to help distribute yourself over
multiple platforms in digital format, you could easily find your profits being limited by the
amount of time you have. Some of the ways this dilemma can be resolved is to
outsource the smaller tasks, so that you can concentrate on the ones that are highly
profitable and need your particular attention.
You can sell many different types of services online, but they should resonate with the
persona that you've established on Facebook.
5.Create a Facebook Pages
Facebook pages are similar to profiles except that they are used for businesses,
organizations, and a number of different types of interests. You can expect to see a
Facebook page about a restaurant just as easily as you might spot a Facebook page on
pets. There are several categories to choose from: a local business, a brand
or product, or an artist, band, or public figure. The interesting thing about Facebook pages
is that you don't necessarily have to be the celebrity to put up a page about your celebrity.
The Facebook pages works very similar to profile pages except that they are public. They
have some of the same features as your profile page like a Wall and the ability to upload
files. They also have discussion groups and and a way for fans to join your Facebook page.
The service is free and promoted virally throughout Facebook and even comes up in the
search results. The actions that people take on your Facebook page are also integrated in
the news feed and thus your product or service can spread virally through word of mouth. If
you use Facebook pages in conjunction with Social Ads, you can increase the chances of
your product getting viral momentum. To create a Fan Page, visit this
link http://www.facebook.com/pages/create.php
6. create a Group
There are two ways to promote your business using groups. You can join an existing group
and join in the discussions and at the right moment promote your product. If you do this too
much, you will be labeled a spammer, so it's not the best way to promote your business
through a group.
Another way, which is very effective, is to create your own group. This provides several
benefits to joining
an existing group. You can control what segment of your demographics to target with a
group topic and you can put up your own advertising in the group without offending anyone.
You don't want to create a group about a specific product or service you are offering. No
one is going to join an obvious ploy to market your wares. Instead, you will want to choose a
topic related to your products or services and then use the group to help you promote your
business. For instant I Created a group in facebook called “Best website Design Tips” and
the aim of this group is to promote my service which is www.TheExpertHost.com (an
website hosting,Domain name registration and website design service).Hope you got the
gist?
Visit this link http://www.facebook.com/groups/create.php to
7.The Wall
The wall is an area of each person's profile where messages can be posted by other people
who are visiting the profile. You can put any message you want on the wall and it will be
public. You can use this to research the market trends of people's interests and you can
also post some message about things that might interest specific people in your circle of
friends. Be aware that if you spam the wall consistently with sales ads, you
will probably be blocked, and if the staff of Facebook is alerted you could end up being
banned from Facebook.
An interesting way to use the power of the wall, is to look for people in your circle who have
a high number of page views on their profile. These would be people who have a lot of
friends or send a lot of activity to the news feeds. That's the only way to tell what type of
page views they might be getting. Then, target these people for your comments on their wall
in a way that pulls the people viewing back to your profile.
8.Use Facebook Marketplace Application
Facebook Marketplace, once installed, will offer you a place to list things for sale, housing,
jobs, and classified ads. There is even a spot for free stuff too. The opportunities will be
divided up by your networks. So, don't be surprised if you don't see everything on your
Facebook from the entire site. It is set up to be a community marketplace, so it makes
perfect sense to see only those listings from people in your network. That is why you want
to setup your network to be the place where you mostly do business, not where you live. It
is the basic area where people within Facebook go to do commerce within Facebook.
However, it doesn't complete transactions between buyers and sellers. That is done offline
between the two
parties.
9.Use Facebook Garage Sale Application
If you have a whole lot of stuff lying around that you want to get rid of, and don't want to
incur fees for listing them on eBay or some other third-party site, you can use the
Garage Sale application. There is a commission charged for any sale that you make,
but it is only 5%. It will do transaction processing too and your friends can use credit
cards to buy the items from you online. This application is still a bit new, however, some
people swear by it and others have some trouble installing it.
10.VisaBusiness $100 free Facebook ads coupon
You can also use the VisaBusiness $100 free Facebook ads coupon to
advertise your sales page. To do that go to
http://apps.facebook.com/visabusiness/sign_up, sign up,
complete the simple steps and you will get a $100 free advertising credit on
Facebook!
11.Use Facebook Events Application
If you have some local events that you are using for marketing purposes, or
you want to connect with people specifically in your geographic zone faceto-
face, then you can check out the events page. You may find groups of
people in your area who make a perfect sales demographic for your
products or services.
12.Position Yourself as a facebook marketing Expert
This brave new world of social networking is completely beyond
the grasp of many marketers today.If you are really in the know
about facebook,offer your services to advertising and public relations
agencies,as well as big and small businesses alike. Put your knowledge
to work .Why not become facebook advertising specialise-just as Google
transformed search adverting,facebook have a profound effect on social media
advertising presently.Help Companies with their Facebook Strategies
13.Use Facebook RadicalBuy Application
RadicalBuy is another marketplace application that is more robust than
Facebook Marketplace. It will allow you to recommend products to people on
your contact list. You can get feedback and offer feedback on market transactions.
You can cross-sell between RadicalBuy and Facebook Marketplace. It makes it easy to collect
payment, unlike the Facebook Marketplace. It offers users the ability to collect payment using
Paypal, Google Checkout, credit cards, and more. You can even choose affiliate offers through
RadicalBuy, if you want to include that with or without your own offerings.
14,Use Facebook Appsaholic Application
This application is for people who have created their own applications and want
to monetize them. However, if you choose to do this, you will want a way to
track the performance of your application and to place ads on it so that you can
get a return on your investment. This application claims to be the #1 Facebook
ad network for application developers.
15.Use Facebook Business Cards Application
The idea behind the Business Cards application is similar to a conventional
business card. Except instead of handing it to someone for future reference, you
can attach your business card to Facebook messages. You can browse other
business cards and make connections that way too. It is a sort of visual way of
establishing your identity in a way that keeps you from having to keep writing
the same thing over and over. This application was a bit buggy in its inception,
but appears to have been fixed to allow a person to edit the business card information once it
has been entered.
17.Use Facebook Introduce Me Application
Introduce Me allows people you know on Facebook to introduce you to people
they know. It facilitates networking. The application is placed in the profile
making it easier for people who stop by to introduce you to other people they
know.
18.Use Facebook Testimonials Application
Since you are in a social networking environment, word-of-mouth from trusted
sources can make the difference between a sale or a near miss. And, with this
application, people can simply go to your site and add their testimonial very
easily. The fact that their user name will be associated with the testimonial at
times means the testimonials hold more weight on Facebook. Although this
application is also still a bit buggy, it bears looking into. Right now, if people
post a testimonial on your site, it may be difficult to delete it.
19.Use Facebook Ether Application
This application is good for consultants, tutors, and pay-by-the hour types of
people who can do business over the phone. The application will provide you
with a special phone number to use for your business and allow people to call you
directly on that number once they pay a set fee that you set. The phone call will be directed to a
phone number of your choice. Now you have your own way to set up an anonymous pay-to-talk
phone number.
20 ProBook Facebook Application
This is an application that allows you to add information about yourself in a
professional directory. Friend and people you've contacted can offer feedback
and rate you, which will give potential employers some measure of your worth.
This is not all there are many other ways
entrepreneur. The reason for this is that this that the startup costs have been
significantly reduced and the World Wide Web (WWW) is much more egalitarian than
real life. If you were an entrepreneur trying to get an advertising contract with a major
company in real life, your odds would be slim to none.
On the Internet, however, advertisers are relying on the average Joe to plug their
products and services.The same is true if you have a product that you've developed and
are trying to market in local retail stores,the time and money you have to put in to get it into
a single store can eat up any profits you might obtain from the sale. It's a lot of work and
you haven't even begun to generate income.
The Internet makes that process easier too by allowing you several avenues to sell your
wares online simply by placing photos and descriptions of them on the Internet in the right
areas.
Here are 20 simple ways you can Make money on facebook
1. Market Your Own Products
If you decide to market a product or service, be sure it is something you stand by and that it
resonates with you personally. First, and foremost, Facebook is a social networking
platform. If you are selling products that don't appear to resonate with your profile or your
mission in life, people will quickly spot you as a marketer and you will not get many people
wanting to be your friends. The key is to always market products that you believe in and that
a difference in other people's lives. That way, when they see who
is selling an item, it won't reflect badly on you and your Facebook profile.
On the Internet you can market your own products at a fraction of the cost it would take
to promote them physically from one retail store or outlet to another. Examples of
products that do very well on the Internet are virtual products like reports, ebooks, music
downloads, photographic content, and anything that you can sell in electronic format
that might appeal to someone viewing it online. These products are usually referred to
as “info-products.” The nice thing about info-products is that they lend
themselves very well to low overhead costs. You can produce one product and it takes
no effort to create multiple copies and have them delivered automatically through
autoresponders. Your sales cycle is very short and your costs are minimal.
You can also market physical products that you deliver in your geographical area or through
postal mail. Of course, this takes a lot more effort and you would have to include shipping
costs to the price of your product to be able to make a profit. You can even choose to offer
your products in several different formats. For instance, maybe some people want the
electronic download and others want a physical book.You can offer them a variety of
different formats and pricing to find one that suits them. Multilevel
marketing can also be done on the Internet and Facebook. If you've found a product that
you want to market, then you don't necessarily have to own the rights to produce it, just the
rights to distribute it. And,you might find it easier to recruit people in your down line using
Facebook.
2.Use Affiliate Marketing
You can also do affiliate marketing online. This is where someone else pays you to sell
their products for them. The commission you receive on the sale will depend on the
affiliate offer you are promoting.
In some cases, you can get up to 50% of the sale, if you pick the right offers. Here
again, you should pick things that resonate with your profile in Facebook.
Affiliate marketing links could end up cluttering your profile page, if you included them
as website links, and probably people wouldn't appreciate them. So, affiliate marketing
on Facebook can be a little tricky. You should be a little stingy with the number of
affiliate links you post on your profile or within your status line. This is an area you can
update daily with new offers, but if you do it too much, you will turn off people who come
to view your profile.
You should also want to start to build a demographic section of people on your email list
who are already in your sales funnel from your contacts on Facebook. Once they opt-in to
your email list, you can start to contact them about your affiliate offers off the Facebook
platform. This means that you might have to also set up some ads within Facebook to
generate the cross-section of people that you want to market to. Or, you might start them
into your sales funnel by offering a free resource on your profile in exchange for their
email address.This way, you've not placed affiliate offers on your profile directly, but you
have gathered the necessary information to start generating a mailing list for affiliate offers.
The application to use for affiliate marketing on Facebook is called RadicalBuy.
3.Advertising Revenues
There are a number of people generating revenue through sponsored ads, Facebook Social
Ads, and pay per click ads on Facebook. If you end up with a large cross-section of people
are friends that might be easy to market for a particular advertiser, then they might be
willing to pay you for some sponsored ads, however, this can't be done on Facebook
without violating the terms of the service agreement. So, you can still
attempt to get advertising revenues from sponsored ads, but they aren't allowed to be put
directly on your Facebook profile. They will have to be placed elsewhere, on your personal
website, or an outside blog.
The trick is to have them pay for the ad for a period of time, like a month. Then, you have a
residual monthly income coming in from a single text link, banner, or button on your other
content. You can direct Facebook viewers to your other areas by way of links on your
profile, even if the sponsored link is not directly on your Facebook profile.This can
generate significant income from your Facebook profile in a short period of time by
buildingrelationships within Facebook first, before you market them elsewhere.
4.Sell Services
Facebook can be an excellent resource for professionals who sell services. That's because
the Internet has made it very easy for people who need your services to connect with you,
regardless of whether you are in their geographical location or not. Add to that the
technological advancements that make online consulting and teaching very simple, and you
can see that there are quite a few advantages to selling services online.
The down side of selling services, instead of products, is that your time is limited.
If you don't make good use of the technology available to help distribute yourself over
multiple platforms in digital format, you could easily find your profits being limited by the
amount of time you have. Some of the ways this dilemma can be resolved is to
outsource the smaller tasks, so that you can concentrate on the ones that are highly
profitable and need your particular attention.
You can sell many different types of services online, but they should resonate with the
persona that you've established on Facebook.
5.Create a Facebook Pages
Facebook pages are similar to profiles except that they are used for businesses,
organizations, and a number of different types of interests. You can expect to see a
Facebook page about a restaurant just as easily as you might spot a Facebook page on
pets. There are several categories to choose from: a local business, a brand
or product, or an artist, band, or public figure. The interesting thing about Facebook pages
is that you don't necessarily have to be the celebrity to put up a page about your celebrity.
The Facebook pages works very similar to profile pages except that they are public. They
have some of the same features as your profile page like a Wall and the ability to upload
files. They also have discussion groups and and a way for fans to join your Facebook page.
The service is free and promoted virally throughout Facebook and even comes up in the
search results. The actions that people take on your Facebook page are also integrated in
the news feed and thus your product or service can spread virally through word of mouth. If
you use Facebook pages in conjunction with Social Ads, you can increase the chances of
your product getting viral momentum. To create a Fan Page, visit this
link http://www.facebook.com/pages/create.php
6. create a Group
There are two ways to promote your business using groups. You can join an existing group
and join in the discussions and at the right moment promote your product. If you do this too
much, you will be labeled a spammer, so it's not the best way to promote your business
through a group.
Another way, which is very effective, is to create your own group. This provides several
benefits to joining
an existing group. You can control what segment of your demographics to target with a
group topic and you can put up your own advertising in the group without offending anyone.
You don't want to create a group about a specific product or service you are offering. No
one is going to join an obvious ploy to market your wares. Instead, you will want to choose a
topic related to your products or services and then use the group to help you promote your
business. For instant I Created a group in facebook called “Best website Design Tips” and
the aim of this group is to promote my service which is www.TheExpertHost.com (an
website hosting,Domain name registration and website design service).Hope you got the
gist?
Visit this link http://www.facebook.com/groups/create.php to
7.The Wall
The wall is an area of each person's profile where messages can be posted by other people
who are visiting the profile. You can put any message you want on the wall and it will be
public. You can use this to research the market trends of people's interests and you can
also post some message about things that might interest specific people in your circle of
friends. Be aware that if you spam the wall consistently with sales ads, you
will probably be blocked, and if the staff of Facebook is alerted you could end up being
banned from Facebook.
An interesting way to use the power of the wall, is to look for people in your circle who have
a high number of page views on their profile. These would be people who have a lot of
friends or send a lot of activity to the news feeds. That's the only way to tell what type of
page views they might be getting. Then, target these people for your comments on their wall
in a way that pulls the people viewing back to your profile.
8.Use Facebook Marketplace Application
Facebook Marketplace, once installed, will offer you a place to list things for sale, housing,
jobs, and classified ads. There is even a spot for free stuff too. The opportunities will be
divided up by your networks. So, don't be surprised if you don't see everything on your
Facebook from the entire site. It is set up to be a community marketplace, so it makes
perfect sense to see only those listings from people in your network. That is why you want
to setup your network to be the place where you mostly do business, not where you live. It
is the basic area where people within Facebook go to do commerce within Facebook.
However, it doesn't complete transactions between buyers and sellers. That is done offline
between the two
parties.
9.Use Facebook Garage Sale Application
If you have a whole lot of stuff lying around that you want to get rid of, and don't want to
incur fees for listing them on eBay or some other third-party site, you can use the
Garage Sale application. There is a commission charged for any sale that you make,
but it is only 5%. It will do transaction processing too and your friends can use credit
cards to buy the items from you online. This application is still a bit new, however, some
people swear by it and others have some trouble installing it.
10.VisaBusiness $100 free Facebook ads coupon
You can also use the VisaBusiness $100 free Facebook ads coupon to
advertise your sales page. To do that go to
http://apps.facebook.com/visabusiness/sign_up, sign up,
complete the simple steps and you will get a $100 free advertising credit on
Facebook!
11.Use Facebook Events Application
If you have some local events that you are using for marketing purposes, or
you want to connect with people specifically in your geographic zone faceto-
face, then you can check out the events page. You may find groups of
people in your area who make a perfect sales demographic for your
products or services.
12.Position Yourself as a facebook marketing Expert
This brave new world of social networking is completely beyond
the grasp of many marketers today.If you are really in the know
about facebook,offer your services to advertising and public relations
agencies,as well as big and small businesses alike. Put your knowledge
to work .Why not become facebook advertising specialise-just as Google
transformed search adverting,facebook have a profound effect on social media
advertising presently.Help Companies with their Facebook Strategies
13.Use Facebook RadicalBuy Application
RadicalBuy is another marketplace application that is more robust than
Facebook Marketplace. It will allow you to recommend products to people on
your contact list. You can get feedback and offer feedback on market transactions.
You can cross-sell between RadicalBuy and Facebook Marketplace. It makes it easy to collect
payment, unlike the Facebook Marketplace. It offers users the ability to collect payment using
Paypal, Google Checkout, credit cards, and more. You can even choose affiliate offers through
RadicalBuy, if you want to include that with or without your own offerings.
14,Use Facebook Appsaholic Application
This application is for people who have created their own applications and want
to monetize them. However, if you choose to do this, you will want a way to
track the performance of your application and to place ads on it so that you can
get a return on your investment. This application claims to be the #1 Facebook
ad network for application developers.
15.Use Facebook Business Cards Application
The idea behind the Business Cards application is similar to a conventional
business card. Except instead of handing it to someone for future reference, you
can attach your business card to Facebook messages. You can browse other
business cards and make connections that way too. It is a sort of visual way of
establishing your identity in a way that keeps you from having to keep writing
the same thing over and over. This application was a bit buggy in its inception,
but appears to have been fixed to allow a person to edit the business card information once it
has been entered.
17.Use Facebook Introduce Me Application
Introduce Me allows people you know on Facebook to introduce you to people
they know. It facilitates networking. The application is placed in the profile
making it easier for people who stop by to introduce you to other people they
know.
18.Use Facebook Testimonials Application
Since you are in a social networking environment, word-of-mouth from trusted
sources can make the difference between a sale or a near miss. And, with this
application, people can simply go to your site and add their testimonial very
easily. The fact that their user name will be associated with the testimonial at
times means the testimonials hold more weight on Facebook. Although this
application is also still a bit buggy, it bears looking into. Right now, if people
post a testimonial on your site, it may be difficult to delete it.
19.Use Facebook Ether Application
This application is good for consultants, tutors, and pay-by-the hour types of
people who can do business over the phone. The application will provide you
with a special phone number to use for your business and allow people to call you
directly on that number once they pay a set fee that you set. The phone call will be directed to a
phone number of your choice. Now you have your own way to set up an anonymous pay-to-talk
phone number.
20 ProBook Facebook Application
This is an application that allows you to add information about yourself in a
professional directory. Friend and people you've contacted can offer feedback
and rate you, which will give potential employers some measure of your worth.
This is not all there are many other ways
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