Today, Facebook is the number #1 social media in the world. It has more than 1 billion subscribers. An excellent bargain for individuals and companies who want to use this tool to make money. You should know that Facebook is not only a tool for exchanges between members. This social media can help you make a good living and make your dreams a reality.
In what way? Below, find out how to make money with Facebook.
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Generate more traffic to your blog
What’s the point of having a large fan community if you can’t use it to make money? It should be noted that having a popular community on Facebook can be used to increase traffic to your website. This is what the vast majority of entrepreneurs do. They use their Facebook groups and fan page to send traffic to their site. And high traffic on your site means increased revenues. The only thing your have to do is post links from your blog on your Facebook group or fan page regularly. Above all, the titles of your links should make people want to read them. All in all, there are many ideas for making money with Facebook. But it won’t happen overnight, and you’ll have to become more skilled at it!
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Advertise Products
Advertising products on Facebook is the easiest way to start making money online, but it requires you to spend money first to get a good start, with no guarantee that you will make a profit.
It depends more or less on factors such as the type of advertising campaign, the target audience, the nature of the product, the price, and the advertisement’s design. Once everything is done right, you can quickly start selling things via Facebook ads.
This method is done by online marketers or product manufacturers who can use Facebook ads (spending money before earning) and wait for things to happen (hoping for a good return on investment).
The critical elements of the Facebook Advertising Campaign are:
- The Type of Campaign: It all starts with the type of campaign. When you start an ad on Facebook, you are asked to choose the type of campaign you want to do. Once the advertising campaign choice is properly made, the rest of the work becomes easier. The selection of the type of campaign affects the success and failure of your advertising campaign. Because if you choose the wrong campaign, it won’t work because you will meet the wrong audience no matter how much you spend.
- Audience Selection: Audience selection is the most important part of Advertising on Facebook. If it goes well, chances are your campaign will work. Because advertising to the wrong audience means that you will show your ads to someone who is not interested in your ads.
- Advertisement design: the form of the advertisement includes design, color, and written text. You need to choose the appropriate colors and the style of text to which the audience could relate. The ad’s shape involves all of these things that gives a complete picture of your Facebook ad.
- Segmentation: It refers to the process in which you specify an audience. The Facebook ad system gives you a chance to choose your audience based on territory, behaviors, interests, and a little more choice.
- The Budget Forecast: you must also choose your budget directly before submitting your advertisement for approval.
As you can see, just like on Google, you can display flyers, advertising banners… on Facebook to promote your products and services…
On the other hand, don’t expect to be able to target thousands of contacts, in fact, with targeting for keywords “Internet” and “Marketing” and a 27 to 50-year-old criterion (to have a “Pro” target and no students), you only reach 1200 targeted people!
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Create professional Facebook pages
Nowadays, entrepreneurs have understood the importance of integrating Facebook into their market conquest strategy. And it can be said that they are absolutely right. Facebook is an essential tool for increasing turnover. For an individual, it represents an excellent opportunity to earn money. Indeed, not all entrepreneurs and companies know how to create a professional Facebook page. Creating a Facebook page is undoubtedly simple, but professionalizing it is another matter. You can learn how to personalize and professionalize various Facebook pages. Afterward, all you will have to do is offer your services. Find below a few ways you can use your Facebook page to make money.
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Use your Facebook page to earn money.
Earning money on Facebook is not as complicated. You just have to be resourceful. One trick is to start creating a Facebook page in a niche that is in high demand. Then you need to animate that Page so that it becomes viral. So, here are the different strategies that will be both free and paying for the use of Facebook pages to earn money on Facebook:
- Advertising on Facebook: it all starts with the Page option. You will need to set up your advertising account through your Facebook account, but you will not be able to start advertising if you have not created a Page to promote your content or the Page itself. So, advertising is one of the paid methods of making money on Facebook.
- Content Creation: The success of a Facebook page starts with the creation of good content and is measured by how well your audience likes and shares that content. Whether you advertise your Page or promote your content through engagement, once you have built an engaged audience (shares + like), you get many opportunities to earn money on your Facebook Page.
- Buzz Videos and Articles: Videos and articles take a lot of work upfront, but once it’s done and it works, your content can go viral, which ultimately gives you lots of monetization opportunities in terms of branding and sponsorship.
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Selling your Facebook page.
Selling Facebook Pages, or occasionally selling them, can make you a lot of money. However, this depends on several criteria:
- The topic or niche of your Facebook page: An “easy to create” and “common” Facebook page, such as a humorous topic, will not be as valuable as a Facebook page focused on marketing.
- The popularity of a Facebook page: The more your Page has like, the more committed fans, the more the Page will be worth.
There are several ways to sell a Facebook page:
- Propose your Facebook page to professionals or individuals by contacting them directly.
- Go through specialized sites such as FameSwap; Propose your Facebook page on specialized websites or on forums that gather a lot of webmasters.
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Make affiliate marketing with your Facebook page.
Facebook is a gold mine for anyone who wants to make money fast. One way to do this is to become an affiliate. Indeed, on many Facebook pages, you will see that there are sometimes links that point to other sites. When a fan clicks on a link and registers or makes a purchase on that site, you get a commission in return. Imagine if several fans did the same. You will earn more and more commission and a significant income at the end of each month.
With a popular Facebook page, you can make money overnight. If you have real influence in your community, you can use it to promote a brand’s products or services. Some brands may approach you if your Facebook page is popular to advertise their products or services. Depending on the importance of your Facebook Page, you can set a fee for them to pay for each publication. You can also ask to be paid monthly.
However, to hope to earn enough money, your fan community would have to be significant.
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Create your own Facebook Group!
This is the most powerful weapon at your disposal: by creating a group and animating it, you will set up a real machine to generate qualified leads. Indeed, once your group is large enough (in terms of the number of members) and rich enough in information, it will attract more and more people (and therefore potential prospects).
But remember that it is essential to come out first in the results when ranking by keywords on Facebook. To do this, of course, you need the right keywords in the group name, but above all, you need to have the most members (this is one of the primary criteria in the ranking list)!
Once you’ve created your group, you then need to individually contact your members to become your friends and see if you can do business with them. Indeed on Facebook, many people register in groups without really knowing who the organizer is and without contacting him or her…
See also: 19 Educational Facebook groups
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Earning money with your group
With Facebook, it is very easy to create a community. For example, a community of fans of football, video games, personal development… Everything will depend on your passions. Then, you will have to work on making your Facebook community popular and increasing its membership. Don’t hesitate to talk about different topics that people are really interested in. You just have to sell your products or services on your Facebook group. With Facebook’s “buy and sell” option, it’s much easier.
It all starts with a Facebook group. Once you have it, you need a community involved in that group, and once you get it, you need a product to sell.
Once an entrepreneur or marketer has a product to sell, they can certainly take one more step with their Facebook group to start using it.
Don’t limit yourself only to this option. In fact, a well-managed Facebook group can be a closed group with limited access to certain members or customers. These special people will have access to valuable content not available to others.
So that’s more or less how you model the option to make money.
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Sell comments and likes:
To improve the notoriety of another page, you can ask your fans to comment and like these pages’ publications in question. I acknowledge that this practice is misleading. Moreover, forcing your fans to do something may harm your image as they feel they are being deceived. This practice is also very common but should be used with some caution.