We’ve all heard stories of people making thousands of dollars in minutes through their social media networks like Facebook.
But how do they really do it? There are tons of different ways to make money from Facebook, but here are seven of the most popular ones to help you get started.
They’re simple, they’re easy, and they could make you some cash if you follow through!
1. Promote Your Affiliate Products
You can make money from Facebook by promoting your affiliate products. When you promote your affiliate products, you are essentially advertising for another company.
If someone clicks on your link and purchases the product, you will earn a commission.
You can find affiliate products to promote on sites like Clickbank and Amazon. Here’s how to get started:
- Create an account with an affiliate network.
- Join other affiliate programs that interest you or advertise offers in your niche.
- Promote these offers via social media or email marketing campaigns, while following any rules of engagement set forth by the company (e.g., no more than one post per day).
- Earn commissions based on sales generated through links in your posts and emails (as well as any other promotional material).
- Keep track of your earnings using an affiliate manager app such as ClickShark, Link Commander, and Co-op Advertising Manager
- Stay mindful of the need to provide quality content when using this strategy so that people are receptive to it.
- Consider having others help you with your promotion efforts so that you don’t wear yourself out.
- Once you have reached a point where you’re generating enough income, invest some of it back into your business.
- Continue investing until you reach your goal amount.
2. Create Brand Awareness And Sell products Later
The first step is to create awareness for your brand on Facebook.
You can do this by creating a page for your business and posting engaging content that will get people talking about your products or services.
Once you have a strong following, you can start selling products or services directly on Facebook.
You can also use Facebook ads to target potential customers who may be interested in what you have to offer.
Create an ad with a specific call-to-action (CTA) like shop now and send it to people who are more likely to purchase from you based on their demographics.
If your company offers personalized items, you can even show the person’s name at the end of the ad so they know it was created just for them!
It’s easy to track how well these types of ads perform by utilizing something called conversion tracking.
It will tell you how many clicks your ad gets and how many times people visited your website as a result.
Remember to include a link back to your website when using this type of CTA. For example, if you run an online shoe store and want people to visit your site, include the URL in parentheses next to the CTA shop now.
That way, when someone sees the ad and clicks on it, they’ll automatically be taken to your website without having to search through social media or hunt down your URL themselves.
When starting out, test different CTAs to see which ones work best for you and make sure you’re getting enough traffic before investing in expensive advertising campaigns.
3. Use Ads Cold Traffic
You can use Facebook ads to target people who have never heard of your business before. This is called cold traffic.
You can use ads to get cold traffic to your website or to a landing page where they can learn more about your business.
Use the Power Editor in Facebook Ads Manager to create an ad campaign that targets these new potential customers and lets them know how you can help them solve their problems.
A major component of an effective ad campaign is having an accompanying Landing Page with compelling content that will help generate a lead for your business.
Here are some best practices for setting up your ad campaign:
If you’re not sure what kind of headline to use, try Introducing followed by the name of your product. For example, Introducing The Slinky Dog App.
For body copy, keep it short and sweet; aim for one sentence per paragraph.
When describing your product or service, tell readers why it’s different from competitors.
Include words like FREE, easy-to-use, fast-acting and instant results to grab readers’ attention.
Add visual elements like photos (or GIFs) and videos so readers can imagine themselves using your product right away.
There should be at least one photo or video for every 100 words of text on your landing page. Test out different images and see which ones produce better conversions.
Finally, make sure there’s a button that reads Learn More near the bottom of your webpage to encourage prospects to scroll down and find out more information about you and your company.
Remember, after someone clicks on your ad, they’ll land on your landing page. So don’t forget to include a clear call-to-action (CTA) button – this tells visitors what you want them to do next.
4. Drive Traffic To Your Blog Using Social Media Ads
You can use Facebook ads to drive traffic to your blog in a number of ways.
For example, you can create an ad that promotes a specific blog post or series of posts.
You can also target your ads to people who have visited your blog in the past, or who are similar to your current readers.
When you do this, make sure to include a call-to-action like read my latest blog post so they know what action they should take when they click on the ad.
Another way to promote your blog through Facebook is by posting links back to it from your page.
The best way to do this is by finding posts that mention topics related to your blog and then sharing them with relevant comments.
The more relevant and engaging these comments are, the more likely other people will be drawn into reading them and then clicking through for more information about your content.
One great place to find opportunities for promoting your blog on Facebook is in groups.
There are many different types of groups on Facebook including those focused on parenting, business tips, and relationships.
Some examples include Being a Better Parent Today and Kickass Mommy Boss Babes Entrepreneurs Networking Club (KEMBEN).
While there are many benefits to using Facebook as a platform for marketing your blog, there are some drawbacks as well.
For one thing, it takes time and effort to keep up with everything that’s going on on Facebook and figure out how to leverage the social media site effectively.
You also need a consistent strategy in order to see results– if you’re only doing one or two things every once in a while, chances are you won’t get much traction.
5. Monetize With Fan Pages
A fan page is a great way to monetize your Facebook presence.
By creating a page devoted to a particular topic, you can attract a following of like-minded individuals who are interested in what you have to say.
You can then monetize your page by selling products or services, or by running ads. Be careful when doing this, though. Running an ad on your page might not be worth it if you only have 100 fans.
In that case, start building up your fan base and wait until the numbers are high enough before advertising there.
Another good way to make money from your Facebook page is to sell items through the platform’s Marketplace feature.
Just type marketplace into the search bar, select products, and then go shopping!
There are lots of sellers with all sorts of different things for sale.
Once you find something you want to buy, click send the request. That will send a message with payment information to the seller.
They’ll accept your offer or come back with their own offer – just like any other online transaction! When making offers, try to keep them realistic.
If someone is asking $2,000 for a necklace but you’re willing to pay $500, that person may just tell you no thanks without considering the possibility of getting more than they wanted to ask for.
On the other hand, if someone asks for $25 for some flowers and you’re willing to pay $5 more than that amount (but less than what they originally asked), they may very well agree since they still get more than expected!
6. Monetize With Custom Audiences
You can create custom audiences of people who have already taken an action on your website, and then show them relevant ads on Facebook.
This is a great way to monetize your Facebook traffic and get people to take actions that you want them to take, such as signing up for your email list or buying a product from your online store.
One example of how this works well is if you run a fashion e-commerce site:
If someone visits your site to buy clothes but doesn’t purchase anything, you could remarket to them by showing the person ads about clothing when they visit Facebook and browse through the News Feed.
That way, even though they didn’t buy something on your site, you still made money off their visit.
The potential downside here is that the type of products you show in these ads should be consistent with what the person originally browsed.
For instance, if a visitor browses through dresses but doesn’t purchase one on your site, then it’s best not to show them an ad for jeans in their Facebook feed.
Similarly, if they look at t-shirts on your site, then don’t show them an ad for dresses.
But if they go back to looking at dresses, you’ll want to show them more dress options.
In general, keep the ads targeted so that visitors feel like they’re being shown something tailored specifically for them.
There are many types of ways to do this – you might target just females interested in shoes (e.g., Only women shopping for shoes see these) or show visitors ads based on the brands they’ve viewed (e.g., Only shoppers who looked at Nike see these).
The strategy differs depending on your audience, but all methods work because users feel more welcomed into a space that seems private and focused on their interests.
7. Use Live Video On Facebook
Live video is a great way to connect with your audience in a more personal way.
You can use live video to show off your products, give behind-the-scenes looks at your business, or even host live Q&As.
Plus, Facebook gives you the ability to reach a large audience with your live videos.
And since people are more likely to watch a live video than read a post, you’re more likely to reach more people with your message.
Another advantage of using live video on Facebook is that you can promote the video through ads so that people who don’t know about it will be able to see it.
For example, if you want to advertise a product and want to take out an ad for Facebook Live, you can create an ad promoting the live event and make sure that anyone who watches TV gets a chance to see it.
With this strategy, not only are you reaching those interested in what you have going on but also those who may be undecided about your product and could potentially change their minds after seeing how passionate and knowledgeable you are about it.
It’s worth taking the time to experiment with Facebook Live as there is potential for success here.
If you’re already doing live videos on YouTube or Periscope, why not do them on Facebook too? The benefits might surprise you!
- Social media is a huge part of our lives these days.
- Almost every person between 18-34 uses Facebook every day (and 70% of all American adults).
- People love interacting with businesses on social media (1 in 3 users comment).
- As businesses grow, they need other platforms besides Instagram to share updates and content (1 million new posts every day).
If you have ever dreamed of making money from Facebook, the above means will get you started.