Want to Know How to Earn Money on Facebook ?
Facebook is one the largest and first social media networks in the world. Whether you own a full-fledged business or specialise in one item, anybody can make money with Facebook.
You may not think of Facebook as new or urban anymore. But you can’t deny its popularity.
In fact, there are more than 2 billion monthly active Facebook users, with 1.37 billion actively using Facebook every single day.
It is no surprise, therefore, that many people and small businesses try to earn money from Facebook.
It can be challenging, though, to make money on Facebook. Because of Facebook’s user size, it can be quite challenging to stand out from the crowd. This is particularly the case now that Facebook only shows a selection of posts in an individual’s feed. On average, the statuses you lovingly craft and upload to your business page will reach no more than 2% of your following.
MONETIZE WITH YOUR FACEBOOK PAGE.
Let’s see first what it means:
SPOILER: this time the advertisement has nothing to do with it, or rather, not what we think: p
Not everyone knows this, but Facebook provides real monetization tools for users and companies who want to generate constant revenue over time.
Ok, how do they work?
Let’s see directly what Facebook tells us about it, directly within the official support pages.
“In order to earn money from their Facebook content, publishers and creators must adhere to a set of rules called the Partner Monetization Regulations. These rules apply to behaviors, pages and payments. There is another separate and specific set of regulations for content subject to monetization ”.
4 WAYS TO MONETIZE YOUR PAGE.
1. ADD “IN-STREAM” ADS
In-stream ads help users earn money by having Facebook put commercials in their videos.
In this way the user earns based on the number of views and based on the name of the brand that has decided to insert the ads within your content .
2. SUBSCRIPTION OF YOUR FANS
Just like Youtube & Twitch, Facebook also allows the same logic of user loyalty to a channel, allowing it to become a “contributor” and then donate a monthly fee to support your favorite Creator.
3. BECOMING A BRAND INFLUENCER
Just like in our dear Instagram, Facebook promises tasty revenues to pages that post “branded” content, or content built in collaboration with a partner.
Nothing new under the sun: a brand targets your page and wants to exploit it to get as much visibility as possible.
4. PAID GROUPS, THE POWER OF COMMUNITIES
Surely you have happened to manage a Facebook group (or to know someone who does it), this form of monetization plays in favor of group administrators, in fact they have the possibility to make their community pay.
If on the one hand this possibility seems fantastic, on the other hand it is necessary to underline the extreme value that your group will have to hide to convince users to enter following an economic outlay.
Direct online sales
For those who already own a real shop or have already started some business, the procedure to start earning the potential of the internet and Facebook will be more simplified.
In fact, the most popular Social Network in the world can be used as a real “showcase” overlooking the virtual world of the Internet, through which to promote and sell our products or services.
On the internet there are a large number of free E-commerce platforms ready to be used, suitable for opening a virtual shop and inserting it easily on our Facebook pages .
Many of these E-commerce platforms allow us to open an online store and directly promote products on Facebook with a few simple steps, and also allow us to choose between different e-commerce solutions.
Usually at the end of the registration we are offered a free trial period through which we can evaluate the potential of the service.
Our advice is to evaluate well among the many packages offered the one that comes closest to our expectations.
How to make money with a Facebook group
Making money on Facebook through a group is possible and there are several ways you can do it. Below I will show you the most used (and least) methods with some tips.
Products and services
Personally when I think of a Facebook group, I think of a community. Promoting your products and services, therefore, is the first method on this list.
If you run a blog with landing pages that lead to your products and / or services that you sell, posting the links in your Facebook group is one way to get sales.
It could be your book, a consultation, a physical or digital product you sell, and more. It is possible to make money with a Facebook group in any (or almost) sector.
Affiliate services on Facebook
The second way to earn from Facebook is to join one of the many valid affiliate programs that the network offers.
Affiliate programs, unlike the virtual store seen above, allow us to sell third-party items or services through banner ads, obtaining a percentage of sales from this.
Our advice, in this case, is not to join generic affiliate programs that could fill our Facebook pages with off-topic products, but to join large commercial brands such as Amazon and personally choose the kind of products intended for our visitors.
One of the most used methods to make money with a Facebook group (and also make money on Facebook ) is through affiliations.
In a nutshell, it is about promoting a third-party product and receiving a percentage from the sale generated.
Another way to make money with a Facebook group is to create a private group that you can only join after paying a fee (one-time or recurring).
These types of groups could offer exclusive content such as webinars, consultations or very high value content.
Earning through sponsors is a very original and little used way. This is basically looking for companies that pay for advertising in your Facebook group.
You could, for example, include the sponsor’s logo on the cover of your group or in the comments of your posts.
To give you an example, if you talk about SEO or blogging you could have a hosting company and domains as a sponsor.
I recommend that you create a package to offer to companies and start proposing your group.
Promoting your blog (or that of others) on your Facebook group is a great way to increase visits and make money from advertising.
Many gossip, cinema and TV series sites use this method thanks also to the high engagement rate that this type of groups generate.
Many, at the time of the registration request, ask for a password to join the group and invite the user to go to their landing page and enter the email to receive the password to enter.
This is a very effective method to do lead generation and to grow your e-mail list and then go and propose your articles or your products.
Or you could create a dedicated Facebook group for users who have donated on Patreon and continue interacting with them there.
Anybody can make a living with Facebook. It doesn’t matter if you want to sell locally or if you want to promote an online website.
By joining Facebook groups, interacting with other Facebook members, and maybe even streaming a paid ad or two, you can actually make a recurring income on Facebook.
Even if you only want to promote a garage sale or sell your old car and make money once, Facebook is a free and efficient way to tell others what you have for sale.