Methods of Making Money on Facebook

Posted by Anderson Brown at 9:01 PM

Facebook is the biggest social networking site with more than 500 million users and counting. Is a place where people share their interests and find news and things they are interested in. Beside social networking for friends and family, Facebook also offers great opportunities for business, marketing and making money online. A huge Facebook network, targeted users with chosen interests and some marketing tools and tips are are great things that can help you to promote your business on Facebook or make money on Facebook using some other methods.
In this article I want to present some of my tips and ideas for making money on Facebook.
Top 5 things to before you start to sell something on Facebook:
  1. Make your profile catchy and well designed
  2. Build a network, but don't spam
  3. Create Facebook pages for your business, products and programs
  4. Read as much as you can about Facebook marketing
  5. Be yourself and don't hide behind your profile
These things should be considered if you want to act professional when promoting a product on Facebook or trying to make money on Facebook in some other way. Below are my tips and ideas for making money on Facebook.

Affiliate Marketing on Facebook

Affiliate marketing on Facebook can get you some amazing results if you promote the right products to the right audience. Facebook has millions of users with different interests so you should target the audience with interests related to the products you are promoting. Don't spam Facebook walls and users, be polite and act professional and you will gain trust and drive more traffic to your affiliate sites and products. The best way to promote your affiliate products on Facebook is to grow a large network of friends or fans and then post some links, reviews, blog posts or videos from time to time. Facebook Pages are also really handy. But remember, build a large network but don't spam! Never spam!

Create an Application and Monetize it

You can create your own application, promote it and then monetize your application with advertising and affiliate links. Do a little research on how to bu id a Facebook application and then do another research to find which applications are most popular and have most users. A lot of Facebook applications make a lot of money so you should consider this as an option.

Affiliate Marketing with Facebook Ads

Facebook makes money with advertising that you can see on your profile and elsewhere on Facebook. But you can use this advertising for your own good. You can advertise your affiliate products, referral links or some other link that makes you money online. Choose some affiliate product with a high commission, buy some credits for advertising on Facebook, choose which people to target and start advertising. If you do some research and calculation you can really increase your sales and commissions this way.

Make Money with Facebook Pages

As mentioned in the first point, Facebook Pages can be your most powerful tool for marketing on this social network. Create a catchy Facebook page, designed it good, fill all the info you need and then try to get as many fans as you can. More fans you have, the bigger your market is. When you have a page with lots of users then you can start to wisely promote your affiliate products or your business. But again, don't spam! Try to sell people things that they are interested in.

Promote your Business and Products on Facebook

The last but not least is your existing business. If you run a business, Facebook is the best place to promote it online. Create a page or a profile for your business, create events for your special discounts, create a gift application with your products and promote it. There are a lot of ways to promote your existing business on Facebook and by targeting the right group of people you can expand your market online and get more to know about your business and you. Then you can lead them to your website or online store.

So, these are my tips and ideas to make some decent money with the help of Facebook. If you have a business or if you are an affiliate marketer you should really use Facebook to expand your network and market and increase your earnings with the biggest social network.
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