Are you searching for How To Earn Money From Facebook? Yes, we understand that Facebook is not new for you anymore and you might have become bored with it. But you can’t deny its popularity and how much reach it has throughout the world. There are more than 2 billion monthly active Facebook users and if we talk about every day, then there are 1.37 billion. Quite a count, isn’t it?
So now, it doesn’t come as a surprise when people say that they are trying to earn money from Facebook. With such a vast potential audience, it does make pretty good sense to us, and to all of you too perhaps. Of course, everything comes with its own challenge. Facebook in itself is so big that it can be challenging to stand out from the crowd. Especially now that Facebook only shows a selection of posts in a person’s feed.
How To Earn Money From Facebook Pages and Groups
Let’s tell you a small trivia about your status update for starters. It is probable that the statuses you lovingly craft and upload to your business page will reach no more than 2% of your followers. SO this is how it works every time somebody opens their Facebook feed-
- The algorithm of Facebook first examines all of the recent statuses shared by the person’s friends and the pages they follow.
- They then look at the user’s past behavior, such as who made the post, the average time spent on content, post engagement, tagging and comments, how informative the post is, etc. Thus, from a money-making point of view is that the algorithm weights statuses from people as being more important than posts from pages.
- It then predicts how the person will react to a post, whether will they share it, comment on it, read it, or probably ignore it. Then the algorithm throws out a relevancy score based on all these signals.
So, now let’s talk about what you need to do to garner the required visibility. Firstly, we would make some pretty great posts, because the foundation of any successful plan to make money with social media is good content. You just need to have tons and tons of interesting links, images, and updates every day.
That’s not too difficult, right? Try searching for a niche that interests you as well as a lot of people. Find something common, and you would get a large follower base. You can post about mothers or people with a certain political affiliation. If you plan to market a product with your account, be sure to link the product to your posts in some way.
Although, this account that you open should be kept separate from your personal page. Use this for posting good content and creating a valuable page. Consider opening up another Facebook account and keeping it separate from your personal account but make sure that you link both of them for easier access
So basically, it is important to have a good following and become a great influencer. Be more creative, interact with people and understand what they like. Build an area of interest where you can become recognized as an expert. And even though businesses may choose to use influencers to market for them, they will probably also want to build up some form of Facebook presence for themselves.
The commitment to earn
Another major thing that you need to keep in mind is the commitment to earn. The only way to reliably make money using Facebook is through a good amount of hard work as well as consistency. Plan accordingly, stick to the schedule and trust us, you would do wonders. Persistent work. Like any job, setting a schedule and sticking to it is the key.
You know that the more you get your numbers to increase on Facebook, the better you would be. And if you give this ample amount of time, then the percentages and statistics would surely work their magic one penny at a time. One of the good hacks is to add as many people as you can to your page, as then you could be considered to be an influencer, and it would be easy to make money here.
Business accounts should not be ignored because if businesses operate their accounts well and share quality content on a regular basis, Facebook will recognize their efforts and increase their Relevance Scores.
Type of posts
You also need to understand what is the type of post that you need to put and which day would it attract the maximum traction. If you are able to measure stats, only then can marketing become successful. And then make the marketing strategies as well as decisions, because planning is equally important. You need to have the ability to create Facebook-friendly content. We shall give you a very basic example of this – Posts with 40 characters on Facebook get about 86% more engagement.
This is another pretty good way to make some good bucks. All you need to do is find an affiliate program or other link-type advertising program. What it does exactly is that it gives you a unique ID and marketing materials, and then pays you a commission based on how much business you generate. You can begin with some known brands, like Amazon, which offers a competitive affiliate program that instantly pays a percentage of any purchase a person makes after clicking through from your post, even if it’s not anything you advertised.
Influencers have already gone through the hard work of building a following. Anybody who is now a Facebook influencer started off as a nobody but slowly gnawed their way through. Once you reach this position, as we have mentioned earlier also, all you need to do is join partnerships with brands, spreading the brand’s messages in ways that would otherwise be impossible for the brands. The most essential requirement is that the brand makes a good fit for the influencer’s followers. Influencers can deliver sponsored content to their fans and may also work directly by sharing affiliate links.
You should be able to have the knack to diversify by offering a wide range of advertising services to many different businesses. Facebook advertisement helps you increase the reach of your post, and try making it a bit more valuable as well as entertaining to your potential audience.
Some perk that a user of Facebook gets is that they can select the geographical area from which they see products for sale, like if probably they want to have it in and around a fixed distance from their place. Not only that, you can filter according to price, range, and other things too as per you. There is also a Facebook marketplace that has been created to help you sell spare goods easily. But do keep in mind the lowest price at which you are willing to sell, as there is tough competition.
There are also a lot of Buy and Sell groups on Facebook, where you can post and try selling. You would get a good deal as well as fixed rates on this as they have a common core of members and therefore suffer less haggling from people trying to get a good bargain. Also, keep paying close attention to your post and the response that it may be garnering.
Facebook Groups are useful if you start to sell information products, so try sharing ideas and exchanging useful content so that all of you in the group can suggest your product as a solution to their problems. Facebook Groups can also work well as an offshoot to some other types of activities if we take an eBook, for example, you could make a group here for members of your class or people who have bought your eBook.
What you need to do is try promoting your content to look alike an audience who would like your stuff. Although these people will probably never have heard of you before, they have demonstrated from their past activities that they have similar interests to the people who have followed you and so it would not be too difficult or complicated to attract these audiences with your content.
Facebook Fan Page
Create a Fan page if you don’t already have it as that is a great source to earn some good money. We have talked about it before, but we would go over it once again. Try creating a fan page about something which really interests you, say for example traveling. This is something that people would also be interested in, and will then follow you for sure. The content that you put here needs to be pretty good as well. It needs to be interactive enough with cool images so that users don’t get bored while scrolling through your page.
Obviously, it would take a bit of time but once your page starts getting a good response and a good amount of likes, you can move to the next step. But only the fan page would not really work. So keep in mind that you need to also create a website that is related to your Fan page. You can also add Ads to make money and make sure your website looks decent and not copied.
Sell Fan-page posts
And you can also start doing is selling your fan page posts to make money. Selling posts on your fan page is the easiest way to make money apparently. Obviously, the number of likes on your page needs to be good, but that would happen easily if you promote your page well.
Set a price per post for your page, and make sure that you do not price it too high, or else people would not be really interested in purchasing anything.