Can you turn your Facebook practice into money?
The average Facebook user spends more than half an hour a day on the site, and the company really makes you money!
($ 70 billion in revenue in 2019!)
With extra than 2.4 billion members, a effective marketing platform, and a famous peer market, there are many approaches to make cash on Facebook.
In this post, I will explore some of the most tried and effective ways to transform a social network from breastfeeding to a cash machine.
How to make money on
1. Become a Team Leader
One of my favorite ways to make money on Facebook is simply to be helpful.
In the FinCon community, Steve Stewart is an expert in this. Whenever there is a question about a podcasting or podcast program (his or her expertise), you come in with helpful advice. Some members of the group saw Steve's reputation and rushed to mark him with matching threads.
In time, he became an intellectual.
Now where does the money go?
After years of producing his podcast, another manager caught help with theirs. Steve said yes, and from then on, his podcast editing business grew like wildfire. Within six months he still had enough work - and the money he was earning - to quit his job!
2. Promote Your Services to
Local Groups
When Erica Krupin started her pet waste removal business, she sent to many local buy / sell / trade groups of which she was already a member, advertising her work and giving a negative view of the price.
Thinking that she would get one or two beats, she returned to the conference over the weekend.
"With no time my pockets began to shake like crazy," told Erica. She received hundreds of messages from people in groups who had sent her ad asking about her work.
"I earned around 5 to 6k $ for that job," told Erica.
3.Use the Facebook Group
as the Front of Your Sales
It took me a while to figure out this, but there's a prominent search bar inside Facebook:
In fact, it is the first thing on the page! And many human beings use the web page as a search engine.
So the question to ask is… if they want to, will they get it?
Another creative way to use Facebook search to your advantage is to create a group with your topic. (As I did with Side Hustle Nation.)
Still, I think Abbey Ashley's Virtual Assistant Savvies team is a good example because she uses this group as a "high-end" marketing channel in her main business.
People search for "real helper" or similar keywords, and then meet his team.
Most of the money he earns comes from selling courses to become a real assistant, but no one new to him is ready to buy that offer of top tickets. So instead he warms them up with a team, free training, and email.
4. Crowdsource Content for
Your Blog
One way I use Facebook to make money is to help people find content on my blog. It can help to get a variety of ideas in your posts, and Facebook is ready for that.
For example, I was researching the best business ideas for kids and asked for suggestions from some of my Facebook communities. I have examples of really creative and blog posts that have now led to a positive impact on Google and call for email subscriptions and interaction commissions.
Don't have your blog yet? My series of free videos will help you get started.
5. Create and monetize a
Facebook homegroup
Melissa Fassel Dunn has created a local Facebook group in Milton, Massachusetts, Boston. He was looking for a place to exchange information and recommendations with his fellow parents, but the group actually started a profitable business.
Today, Melissa sells a list of local texts on her website, featured news, and advertising in her daily book - all aimed at neighbors in a small town.
Over time, his side hustle has become a "nearly 6" job.
6. Sell Items on Facebook
Marketplace
The Facebook Marketplace is a great place to sell things around your house, or build a business around. Contrary to eBay, another advantage here is local buyers so you don’t have to worry about posting.
See this for-profit article for more ideas on what to sell and where to find a founder.
Refining and furnishing is popular right now!
7. Buy items on Facebook
Marketplace to resell
elsewhere
Besides being a great place to sell, you can find Facebook Marketplace to be a great place to find deals.
Can you convert and sell those products to a wider audience on eBay or other sites? One podcast guest explained getting books in the Marketplace for inclusion on Amazon.
One is well-versed in the art of moving goods and is now able to compile a list of large, heavy items that can be sold and sold profitably throughout the country.
8. Create Facebook
Messenger Chatbots
While the rules and regulations surrounding Facebook Messenger as a marketing channel continue, the demand for discussion boards continues to rise.
Think of this alternative to your email list, and if you are well versed in the art of building this with services like ManyChat or Chatfuel, you can offer this as a service to other businesses.
This often results in a series of lessons, or the use of AI inputs or clients to spit out a result or recommendation. For example, I hired a freelancer to create a search bot that would provide recommendations based on how customers answered a few questions.
Now those people are on my Messenger list, where I could send in the idea (I haven't sent them yet) and enjoy open prices that are much higher than the traditional email newsletter.
9. Resale of land
OK, so this is more complicated. One popular scandal involves buying discounted land at a discounted price, and reselling it in the payment system.
In a podcast, Roberto Chavez explained that local groups on Facebook are a great place to find buyers. Once he has received the package, he will join the nearby city groups and submit his property.
Most of the time it costs less to pay and then $ 99-199 a month for a few years. As a seller, you make a monthly income and the buyer gets a share of the goods at a very low monthly price.
10. Make Money on
Facebook Hosting
Can you make money on Facebook by hosting an event?
It could be a personal event like a small workshop or meetup, or it could be an important online training delivered via Facebook live.
In any case, you can market the event using Facebook's Events toolkit. They will let you collect payments, display RSVPs (if you prefer), and invite your contacts.
11. Create a Limited-
Time Challenge
Kelly Snyder helps women create their favorite wardrobe. As we speak, he was working for free, limited time, Facebook challenge groups as a way to make customers happy and lead people to his paid products.
He called these "cabinet challenges" as an important part of his successful customer journey. During the challenge, he could offer quick wins, offer incentives, and eventually sell his core subjects.
Every time he made this challenge, he was putting $ 100k into his business income!
12. Become a Social Media
Manager
Social media is nowhere to be found, and if you already have a connection, companies can hire you with your information.
According to Sendible, the average salary of a communications manager is $ 45,000 a year. However, most companies do not require or require full-time employment.
Can you offer your services independently?
To start, look at some of the companies you are already a customer of. What is their Facebook presence like? How can you improve it?
Record a screenshot video with a tool like Loom or hit new social media drawings at Canva and see if you can find a decision maker. (Suggestion: Find people in the company's marketing department on LinkedIn.)
13. Facebook Jobs
Yes, you can use Facebook to locate a new job.
When you hit the Tasks link in the sidebar on the left, you'll get a list of nearby jobs you may qualify for. You can sort by grade, type of job (part-time, full-time, contract, etc.), and category
14. Facebook Careers
If you can't get enough of Facebook, you might think they paid you directly as an employee!
Facebook employs staff from around the world. See the worksheet page to learn more.
15. Make Money on
Facebook's "Bug Bounty"
"Move quickly and break things," the wrong Facebook slogan, sometimes… well, breaks things.
For this, they are actually using quality assurance and safety testing for users. If you have an eye for bugs on Facebook or a website, you can actually make money with their "Bug Bounty" program.
How much can you do?
According to fine print, Facebook determines the statistical value "according to a variety of factors, including (but not limited to), easy exploitation, and report quality."
The lowest profit is $ 500, but the next line warns that “low-risk issues may not be ready to make a profit.”
16. Promote your product
or service
If you have something to be proud of, link it to your private profile!
Your Facebook friends and contacts are all people who at least care about what you do, so you might let them know.
Personally, I often use this tactic when advertising my new book. For example, here is what I sent you in my Progress Journal:
A few tips that seem to help make this type of marketing possible on Facebook:
2. Do not post the link. Instead, include your link in the original comment. This seems to improve the visibility of your post.
You can also use this strategy to market your service. The most important trick here is to determine exactly who you are serving, so your network can refer you to other potential clients.
17. Promote Products and
Other Company Services (as
an affiliate)
If you do not have a product or service to sell, you can still make money on Facebook with your private profile as a union.
Think about how this works in “real life” - you find a product you love and want to call it a roof!
Why am I just reading now about this? Have you seen this? It will change your life!
Many companies have affiliate or referral programs that encourage you to share these kinds of experiences on social media.
Look at the companies you do business with and see if they have the same referral system. This is common with startups, consumer-specific products, credit cards, and more.
18. Share RebateKey on
Here's a quick way to make $ 20 on Facebook.
RebateKey is a cool platform where you can get in-depth discounts - or free products. Amazon retailers are using the platform to try to increase their performance and sales, so they will reimburse you for the purchase price, up to 100%.
I know, I thought it smelled like scam again, but I was always paid.
And to assist unfold the word, RebateKey gives customers (at least at some point of press time) a $ 20 reward when you share a image of your bargain take a look at on Facebook:
I am trying to make RebateKey the first stop when I am looking for new products. Really a cool method to save some money.
19. Turn Memes into Merch
Facebook is a great place to find the latest memes. But instead of just laughing at them and continuing your day, you might be able to make money with them.
Thanks to platforms like Merch by Amazon, you can upload make-up or quotes to a growing number of visual products (such as t-shirts).
And you do not have to be the world's leading designer - some of the best-selling products are just text.
After uploading your design and creating a description of your product, Amazon handles everything else. They will list what you are selling, print the product when someone orders, and then send it to customers. You earn royalty according to the price you set above the cost of printing.
For example, my wife and I started in March at the opening of the 2017 presidency. In time, the day of that time "was a different reality." So we created t-shirt facts some different facts and made money.
This is a great option if you are already connected to popular culture or current events and can quickly get to work.
Outside of Amazon, you can now post via the same visual product to Etsy again.
20. Manage Facebook Ads
Since advertising is the main way Facebook itself makes money, it may not surprise you that there is an entire industry built around and managing those ads of other companies.
Robert Gale has written to share his advert administration hustle on Facebook incomes about $ 2,500 a month - on the facet of his day job. That comes from 2 regular customers who save monthly and some consultation work.
“I normally cost a minimal of $ 1,000 / mo per patron and spend most of my time focusing on discovering clients,” explains Robert. “In all, I spend round 10 to 15 hours in a week on this busy schedule.”
In terms of marketing his work, Robert said he makes extensive use of Upwork, LinkedIn, and has actively participated in Facebook groups to gain customers.
Robert mentioned that he has taken a course to learn the basics of Facebook ads and how to market the service, and it sounds like a lucrative investment.
21. Earn Money For Your
Content
Content creators can make money on Facebook in 3 different ways:
1. In-stream video ads
2. Product cooperation
3. Fan subscriptions
In-stream ads
If you generate video content on Facebook, you can monetize these ads automatically. (Similar to YouTube, but usually included in the middle of the video - not just the beginning.)
These requirements may change, but the current eligibility requirements are:
Followers / business page with at least 1000 followers.
You need 30,000 1 minute views on at least 3 minute videos over the last 60 days.
You must meet their policy guidelines.
Brand Collaboration
To qualify for the official Facebook product partnership program, you need to at least:
1000 followers on your page
Including 15,000 posts OR 180,000 minutes of complete viewing time throughout all your videos in the ultimate 60 days
Of course, if you do not meet those conditions, you are still free to make your content content deals.
Fan subscriptions
Follower registration is something content creators have been doing for many years (usually with the help of platforms like Patreon), but new to Facebook.
It is so new, in fact, that the program is currently only an invitation. Here's how Facebook describes it, though:
Create your page subscription and earn monthly revenue. Choose a monthly price, offer special benefits and grow a community of people who sign up to support you.
22. Call Traffic On Your
Website
One way I can make money on Facebook is to use my business and my pages to drive traffic to my blog.
23. Buy Facebook Stock?
I was surprised to see this on another list of ways to make money on Facebook, but I think it makes sense.
If you strengthen the future of Facebook, you can take some shares - or even just a fraction of the share - with a brokerage like Robinhood or M1 Finance.
(Robinhood will give you even free stock when you sign up… but maybe not on Facebook!)
Unfortunately, at the time of publication Facebook does not pay a profit, so you will be investing heavily by informing the stock price.
24. Get Out Of Facebook
And Do Something
Productive!
Finally, possibly the most essential way to make cash on Facebook is to… not.
I'll give it to them - they create an amazingly addictive app and website. And yes, there are many ways to make money on it. But for many of us, it is just a habit that does not achieve our goals.
Here are 3 tips to try:
1. Install the News Feed Eradicator plugin for Chrome. This app will hide your news feed in the desktop version of Facebook. I was also reluctant to do this, but I have it for years now and I can’t think of going back. This allows me to access my notifications and groups without absorbing endless volume. Trust me, it’s a great time to save.
2. Put first things first. Before rewarding yourself by logging into Facebook, make sure you progress to your most important job.
3. Go cold turkey. Try a week off Facebook and see how much you have lost. If you do not rely on the platform to communicate with customers or customers, it may not be a great sacrifice.
Make Money on
Facebook: Your
Opportunity
This post explored some of the best ways my friends, podcast visitors, and I made money on Facebook.
What strategies are best suited for you depending on your business and personality, but I'm sure something on this list will hit home.
Frequently Asked
Questions
Can you make money on Facebook?
Yes, there are several ways to make a social network work for you. Options consist of advertising on the Facebook Marketplace, offering Facebook-related offerings to different businesses, monetizing your content, or promotion your products or services. See the full list of Side Hustle Nation to find out more.
Does Facebook pay for views?
Yeah Al that sounds quite crap to me, Looks like BT aint for me either. To qualify for “In-Stream” video ads, your fan / business page needs at least 1000 followers, and you need 30,000 1 minute views on videos for at least 3 minutes over the last 60 days.
How do Facebook groups make money?
Facebook group owners make money in a number of ways, including selling their products or services, promoting other people's products or services as an affiliate, or even calling team members back to a website or email list monetized through advertising. The popular group is also a commodity. To discover greater approaches to make cash on Facebook, be positive to take a look at out the full listing on Side Hustle Nation.