Facebook is one of the most popular social sites in the world. There are over 2.38 billion Monthly Active Users (MAU) as of March 31, 2019. This is an 8 percent increase in Facebook MAUs year over year.
Facebook offers excellent opportunities for people to make money and also allows you to stay in touch with family and friends. There are several ways by which you can earn money from Facebook. All you just need is a Facebook account.
Apart from google search engine and You Tube, Facebook ranks as the world’s third most popular website. This means, whatever you do on Facebook has immense impact around the world.
Considering the fact that people also need to make money through social networking, Facebook has launched several tools that allow people to earn money. The website has global reach and allows posting text, pictures, video and audio content for registered users.
We shall be looking at different ways by which you can make money with Facebook. Some of those ways are listed below and we shall look into each of them one after the other.
- Facebook Groups
- Advertise Your Business on Facebook
- Facebook Account Management
- Direct Advertising
- Facebook Ads
- Affiliate Marketing
- Facebook Marketplace
- Facebook Content
- Influencer Marketing
- Selling Facebook Likes
- Contest Entry
- Invest in Facebook
1. Facebook Groups
You can open group pages on Facebook for various reasons. There are two categories of Facebook groups- Open and Closed. In an ‘Open’ group, people can join anytime. No need for authorization. The other is a “Closed” group where membership is by invitation or application only. That is your application has to be approved before you can join the group.
Opening a Facebook group enables you to work as micro-influencer or a cause, political party or business. You can invite your friends and family members to become members of the group. You can ‘close’ the group when you reach the desired level of membership. A ‘Closed’ group allows you to influence members about anything.
2. Advertise Your Business on Facebook
Facebook is a single largest common platform on which every business- from home based ventures to the largest banks and consumer goods companies have a presence.
Many people are promoting their training, consultancy, home-made products or even custom-made dresses and jewelry through Facebook business. There are multiple options to promote your product on Facebook.
You can also interact with customers through the instant messenger service available on Facebook.
3. Facebook Accounts Management
You can manage social media accounts, especially Facebook page of a company or celebrity. This is a very lucrative work from home option. There are different kind of social media management jobs you can find online.
The jobs can be done full-time or even part-time to make extra money. They are advertised under various designations like Social Media Manager, Facebook Assistant, Social Media Specialist and so on.
4. Direct Advertising
You can post advertisements directly on a regular Facebook page to attract customers. The advertisements can be about employment, products and services. Many small businesses use Facebook purely as a forum to post their advertisements.
A lot of job seekers also browse Facebook pages of companies to find employment opportunities. So, if you have anyone searching for job just tell him or her to try searching for job on Facebook.
5. Facebook Ads
Facebook Ads is a facility extended by the social media giant to corporate an individual users. It allows you to create and post advertisements of various sorts that target a specific group of people based on age, location and other demographic parameters.
You can make money by advertising through Facebook Ad if you have a small home based business. The social media firm offers free and paid packages for Facebook Ads, depending on your usage and target audience.
In addition to the above mention, you can offer services of posting advertisements on behalf of businesses who wish to remain anonymous. Several large companies looking at hiring staff do not divulge their identity.
6. Affiliate Marketing
In affiliate marketing, you promote a product, brand, service or company through a Facebook page or groups to your contacts. Merchants like Amazon, Flipkart, VCommission, Shaadi.com and many others pay you to promote their products.
To do this, you can join affiliate marketing programs offered by these organizations and posting their content on your Facebook page. You stand to make some money every time an interested party looks up the advertisement or content you have posted and becomes its customer.
7. Facebook Marketplace
This is a free facility offered by the social networking website. It allows you to list different kind of 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. Facebook friends are also allowed to notify others about what you are selling. Any item or service that meets Facebook Community Guidelines can be sold.
Similar to classifieds, the buyer can contact you, inspect the goods and finalize price, shipping and other details.
Therefore, if you have an eye for unique stuff, you can make more money. A lot of items sold on Facebook Marketplace are not common and can fetch higher value in brick-and-mortar stores. You can buy the stuff and resell it either online or through stores.
8. Facebook Content
If you have unique skills or knowledge this is for you. All you have to do is to take time and create digital content that can be sold through an app called 22Social. Content like PDF files, audios and videos.
An excellent online tutorial is also provided for people who wish to monetize their content using 22Social and the social media platform.
All you need is a Facebook page, a free 22Social account, verified PayPal account and free or paid account to digital hosting including Dropbox, Vimeo, YouTube, Google Drive and SoundCloud, among others.
9. Influencer Marketing
Influencer marketing is not for anyone who has a large following on Facebook. Indeed, most people do not permit people to ‘follow’ them on Facebook because their content can land them in danger, if it is dealing with sensitive issues like politics and religion.
However, influencer marketers look for people with large followings and huge network of friends. They offer money to promote a brand or ideology through your Facebook page.
The system came under scrutiny of American and other law enforcement agencies after it was revealed that some sort of ‘influencer marketing’ could have been done by certain countries during election campaigns in the US and elsewhere.
Offering your Facebook following for influencer marketing for brands of products is however harmless.
10. Selling Facebook Likes
A debatable way to make money with Facebook. This is because there are forums that support selling ‘likes’ for a Facebook page while others deem the system as illegal. Regardless of that, there are several marketers who are ready to pay you to send a Facebook page to your ‘friends’.
Your friends have to simply click the ’like’ button on the Facebook page. According to various reports, people charge as much as US$ 75 to give 1,000 likes for any Facebook page. Others advertise the service on sites like Fiverr.
11. Enter Contests
Contests are run by companies and blogs which you can enter by sharing your link on Facebook. You can as well follow their Facebook page. To find the newest opportunities, it is advisable to join contest and giveaway groups.
The only entry requirement is your time. Every giveaway is different but you might have the chance to win gift like Amazon gift cards, kitchen gadgets, and so many other gift.
AND FINALLY,
The only entry requirement is your time. Every giveaway is different but you might have the chance to win gift like Amazon gift cards, kitchen gadgets, and so many other gift.
AND FINALLY,
12. Invest in Facebook
You can make money with Facebook by investing in it. And, you don’t even have to create a Facebook account! Facebook is a publicly traded company on the Nasdaq Index.
Facebook can be purchased with any brokerage in your IRA or taxable brokerage account and its stock ticker symbol is FB.
You won’t be able to buy a single share if you can only invest $100 today. With Stockpile, you can buy fractional (partial) shares of stock so you can at least buy part of a share.
Facebook is guaranteed to make you money. Its stock price can fluctuate daily so you should invest and plan to hold long-term to realize a profit. You might consider buying an index fund that currently holds Facebook in its portfolio if you prefer a less volatile way to invest in Facebook.
You can make money with Facebook by investing in it. And, you don’t even have to create a Facebook account! Facebook is a publicly traded company on the Nasdaq Index.
Facebook can be purchased with any brokerage in your IRA or taxable brokerage account and its stock ticker symbol is FB.
You won’t be able to buy a single share if you can only invest $100 today. With Stockpile, you can buy fractional (partial) shares of stock so you can at least buy part of a share.
Facebook is guaranteed to make you money. Its stock price can fluctuate daily so you should invest and plan to hold long-term to realize a profit. You might consider buying an index fund that currently holds Facebook in its portfolio if you prefer a less volatile way to invest in Facebook.
Facebook is guaranteed to make you money. Its stock price can fluctuate daily so you should invest and plan to hold long-term to realize a profit. You might consider buying an index fund that currently holds Facebook in its portfolio if you prefer a less volatile way to invest in Facebook.
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