Facebook is a household name worldwide. More than 2.2 billion Monthly Active Users (MAU) are registered on this social networking platform and this number is growing rapidly.
While Facebook allows you to keep in touch with relatives and friends, it also provides great opportunities for people to earn money. There are many direct and indirect ways by which you can earn money from Facebook in 2018. You need a Facebook account and some ease to cache on the world’s favorite social media platforms.
Facebook ranks as the third most popular website in the world, surpassing only the search engine Google and its video-sharing channel, YouTube. This means everything you do on Facebook has a worldwide impact.
Realizing that people need to make money through social networking, Facebook has launched several tools that allow people to earn. The website has a global reach and allows registered users to post text, images, video, and audio content.
How to make money with Facebook: Considering the above facts, here are 10 animals and ways and means that can help you make money with Facebook. You can use one or several ways to make money from Facebook as per your convenience.
1. Facebook Marketplace
Facebook Marketplace is a free feature offered by the social networking website. It allows you to list various items, services, and deals and promote them directly within the Facebook community.
The service allows you to reach thousands of people through your own social network, while Facebook allows friends to inform others what you are selling. You can sell any item or service that meets the Facebook Community Guidelines. Similar to classifieds, the buyer can contact you, inspect the goods, and finalize the price, shipping, and other details.
However, if you have an eye for unique accessories, you can make more money. Many items sold on the Facebook marketplace are rare and can receive high prices in brick-and-mortar stores. Buy the item and resell it online or through stores.
2. Affiliate Marketing on Facebook
Affiliate marketing is a system through which you promote a product, brand, service, or company to your contacts through Facebook pages or groups. Thousands of merchants including Amazon, Flipkart, VCommission, Shaadi.com, and many other merchants pay you to promote their products.
You can do this by joining affiliate marketing programs offered by these organizations and posting your content on your Facebook page. Every time an interested party sees an advertisement or content you post and becomes a subscriber, you stand to make some money.
3. Advertise your business on FB
Facebook has become one of the largest common platforms on which every business – from home-based enterprises to the largest banks and consumer goods companies – has a presence.
I have noticed that many ordinary people are promoting their training, consulting, selling home-made products, or even custom-made clothes and jewelry through the Facebook business. There are many options to promote your product on Facebook. You can also interact with customers through the instant messenger service available on Facebook.
4. Create Facebook Content
Facebook encourages people who have unique skills or knowledge to take time and create digital content, which can be sold through an app called 22Social. Content that can be sold includes PDF files, audio, and video. Facebook also provides an excellent online tutorial for those who want to monetize their content using 22Social and social media platforms.
All you need is a Facebook page, a free 22Social account, a verified PayPal account, and a free or paid account for digital hosting, including Dropbox, Vimeo, YouTube, Google Drive, and SoundCloud among others.
5. Earn by selling Facebook likes
This is a very disputed way of earning money with Facebook. There are forums that support selling ‘likes’ for Facebook pages while others consider the system illegal. Despite this, there are many markets that will pay you to send Facebook pages to their friends.
Your friends just have to click on the ‘Like’ button on that Facebook page. According to various reports, including one published by National Public Radio (NPR), people charge as much as the US $ 75 to deliver 1,000 likes for their Facebook page. Others advertise the service on sites such as Fiverr.
6. Influencer Marketing on Facebook
Influencer marketing is not for people who have large numbers on Facebook. In fact, most people do not allow people to ‘follow’ people on Facebook because their content can put them at risk if it is dealing with sensitive issues such as politics and religion.
However, influential marketers look for people with large networks of large people and friends. They offer money to promote a brand or ideology through your Facebook page.
The system has come to light after investigations by American and other law enforcement agencies that some types of enc effective marketing ‘may be done by some countries during election campaigns in the US and elsewhere. It is however harmless for brands of products to offer their Facebook for effective marketing.
7. Earn from Facebook Ads
Facebook advertising is a feature offered by social media giants to corporate and individual users. This allows you to create and pot different types of ads that target a specific group of people based on age, location, and other demographic parameters.
If you have a small home-based business, you can earn money by advertising through Facebook ads. The social media firm offers free and paid packages for Facebook ads, depending on your usage and target audience.
Additionally, you can also provide services for posting ads on behalf of businesses that wish to remain anonymous. Many large companies hiring employees do not reveal their identities.
8. Manage Facebook account
Managing social media accounts, especially the Facebook page of a company or celebrity, is a very lucrative job from the home option. There are scores of social media management jobs that you can find online.
These jobs required to manage Facebook pages can also be done fulltime or part-time. They are advertised under various designations such as Social Media Manager, Facebook Assistant, Social Media Specialist, and numerous others.
9. Facebook Group
People open group pages on Facebook for various reasons. There are two categories of Facebook groups – Open and Closed. In the ‘open’ group, people can join anytime. The other is a “closed” group where membership is by invitation or application only.
By opening a Facebook group, you can work as a micro-influencer or for some reason, political party or business. You can invite friends to become members of the group and invite others as well. Upon reaching the desired level of membership, you can ‘close’ the group. The ‘closed’ group allows you to influence members about anything.
10. Direct Advertising
A small business can post advertisements directly to a regular Facebook page to attract customers. These advertisements may be about employment, classified, products, and services. Many small businesses use Facebook purely as a platform to post their advertisements. Many employed people also browse the Facebook pages of companies to find employment opportunities.
Facebook allows connecting with various apps that allow you to open an online store or get a subscription. However, following news of worldwide data leaks in March 2018, the company is currently reviewing its policies governing apps.
Therefore, we prefer not to comment on these money-making apps that can be linked with Facebook. As we can see from the highlighted examples, it is very easy to earn money from Facebook. You need the inclination and time to cash-in on social media platforms.