Most network marketing novice do asks, “Am running out of my warm market. How can I get out of my comfort zone and start meeting people to show my business to?” I can relate to that in a GREAT way! As I was running out of my warm audience and wanted more prospects so I do go to the mall (you know a lot of people are there) and most times I do walk around for more than 4 hours and meeting few people on the way but I’d achieve absolutely NOTHING! Even though I was not really good prospecting in the cold market, I knew network marketing was a great vehicle to financial freedom! Keep reading… I want to share with you some helpful prospecting tips and strategies that work really great in every network marketing company to help you create financial freedom. These tips and strategies are what the professionals and the top figure earners use and that gives them the certainty that even thou you drop them off in any city in the world that their company does business in, take ...
Written By Lawrence John | Updated on January 25,
2020
This thought has
always fascinated me…
Facebook is a household
name around the world. This social networking platform has over 2.2 billion
registered Monthly Active Users (MAUs) and the number is growing swiftly.
While Facebook allows
you to stay in touch with relatives and friends, it also offers excellent
opportunities for people to make money. There are several smart ways you can
earn money from Facebook in 2020.
All you need is a
Facebook account and some ideas to get started.
Why Facebook
Facebook ranks as the
world’s third most popular website, surpassed only by search engine Google and
its video-sharing channel, YouTube. This means, whatever you do on Facebook has
an immense impact around the world.
Realizing that people
also need to make money through social networking, Facebook has launched
several tools that allow people to earn. The website has a global reach and
allows posting text, pictures, video and audio content for registered users.
How to Earn Money from Facebook
Considering the above
facts, here are 10 beast and ways and means that can help you make money with
Facebook. You can use one or multiple ways to make money from Facebook as per
your convenience.
1. Facebook Marketplace
Facebook Marketplace is
a free facility offered by the social networking website. It allows you to list
various items, services and deals and promote them directly within the Facebook
community.
The service allows you
to reach thousands of people through your own social network while allowing
Facebook friends to notify others about what you are selling. You can sell any
item or service that meets Facebook Community Guidelines.
Similar to classifieds, the
buyer can contact you, inspect the goods and finalize the price, shipping and
other details.
However, if you have an
eye for unique stuff, you can make more money. A lot of items sold on Facebook
Marketplace are rare and can fetch higher value in
brick-and-mortar stores. Buy the stuff and resell it either online or through
stores.
2. Affiliate Marketing on Facebook
Affiliate marketing is a
system by which you promote a product, brand, service or company through a
Facebook page or groups to your contacts. Thousands of merchants
including Amazon, Flipkart, VCommission, Shaadi.com and
many others pay you to promote their products.
You can do so by joining
affiliate marketing programs offered by these organizations and posting their
content on your Facebook page. Every time an interested party looks up the
advertisement or content you have posted and becomes its customer, you stand to
make some money.
3. Advertise Your Business on FB
Facebook has emerged as
the single largest common platform on which every business- from home-based
ventures to the largest banks and consumer goods companies have a presence.
I have seen many common
people are promoting their training, consultancy, selling home-made products or
even custom-made dresses and jewellery through Facebook
business. There are multiple options to promote your product on
Facebook.
You can also interact
with customers through the instant messenger service available on Facebook.
4. Create Facebook Content
Facebook encourages
people who have unique skills or knowledge to take time and create digital
content that can be sold through an app called 22Social. Content
that can be sold includes PDF files, audios and videos.
Facebook also provides
an excellent online tutorial for people who
wish to monetize their content using 22Social and the social media platform.
All you need is a Facebook
page, a free 22Social account, verified PayPal account and free or paid
account to digital hosting including Dropbox, Vimeo, YouTube, Google Drive and
SoundCloud, among others.
5. Influencer Marketing on Facebook
Influencer marketing is
not for anyone who has a large following on Facebook. Indeed, most people do
not permit people to ‘follow’ them on Facebook because their content can land
them in danger if it is dealing with sensitive issues like politics and
religion.
However, influencer
marketers look for people with large followings and a huge network of
friends. They offer money to promote a brand or ideology through your Facebook
page.
The system came under
the scrutiny of American and other law enforcement agencies after it was
revealed that some sort of ‘influencer marketing’ could have been done by
certain countries during election campaigns in the US and elsewhere.
Offering your Facebook
following for influencer marketing for brands of products is however harmless.
6. Earn from Facebook Ads
Facebook Ads is a
facility extended by the social media giant to corporate and individual users.
It allows you to create advertisements of various sorts that target a specific
group of people based on age, location and other demographic parameters.
If you have a small
business, you can make money by advertising through Facebook Ads. The social
media firm offers free and paid packages for Facebook
Ads, depending upon your usage and target audience.
Additionally, you can
also offer services of posting advertisements on behalf of businesses who wish
to remain anonymous. Several large companies looking at hiring staff do not
divulge their identity.
7. Manage Facebook Accounts
Managing social media
accounts, especially the Facebook page of a company or celebrity is very
lucrative work from home option. There are scores of social media management jobs you can find
online.
These jobs that require
you to manage Facebook pages can be done fulltime or even part-time to make
extra money. They are advertised under various designations like Social Media
Manager, Facebook Assistant, Social Media Specialist and myriad others.
8. Earn Money from Facebook Groups
People open group pages
on Facebook for various reasons. There are two categories of Facebook groups-
Open and Closed. In an ‘Open’ group, people can join anytime. The other is a
“Closed” group where membership is by invitation or application only.
You can make a
Facebook group. Try to make a group with more than 10k members and good
engagement in conversation around a niche. Keep the members engaged with
relevant questions, blog posts, images, polls etc.
·
o Paid surveys
·
o Sponsored content.
·
o Selling your own product/book/services.
·
Affiliate marketing.
9. Direct Advertising
A small business can
post advertisements directly on a regular Facebook page to attract customers.
These advertisements can be about employment, classifieds, products and
services. Many small businesses use Facebook purely as a forum to post their
advertisements.
A lot of jobseekers also
browse Facebook pages of companies to find employment opportunities.
10. Become a Freelance Facebook marketer
You can earn $50 per
hour by becoming a freelance Facebook marketer.
The skills required to
become a freelance Facebook marketer are:
·
o Analyse facebook stats. You must be able to
predict with data analysis that, which type of posts work better on which day
of the week. Marketing can become successful only if we are able to measure the
stats. Like google has their analytics for websites, Facebook has its own
analytics for pages.
o Ability to make marketing strategies and
decisions. A marketing campaign cannot be successful without strategic
planning. An effective marketer knows what will be the results of a campaign at
the end of the month.
·
Ability to create a
Facebook-friendly content. For example, posts with 40 characters on facebook get 86% more engagement. You
must know which type of content works better in a situation.
11. Sell products on Facebook to make money
You can use Facebook’s make an offer feature to earn
money by selling products.
Put the link of your
product in the link box and give a coupon code to offer a discount on the
product.
You can also use an
affiliate link from any e-commerce site and attach a coupon code (not necessary
if the company does not offer a discount). Your fans will buy the product
from your link and you will earn money through the affiliate.
You can put the paid
links on Facebook from any of the websites, Amazon, Flipkart, Jumia, Konga, Snapdeal, or whichever provides
a commission on their earning.
Earn more on offers by
promoting on Facebook:
o Give an attractive offer like 10-15% discount
or buy one get one free. Your offer should be competitive or better than your
competitors.
o Promote this offer with Facebook paid ads.
·
Or, involve
influential Facebook pages or people to promote your offer.
12. Earn money through Facebook apps
You can earn money by
becoming a Facebook app developer. Or, you can develop a Facebook app
independently. In your app, you can earn money by applying for banner ads or
you can sell virtual goods of your own or from some gaming companies like
EA, Zynga, Popcap etc.
The ball is in your
court
Making money from
Facebook is a little tricky. Facebook does not allow organic promotion to
a large number of fans. But the trick here is if you can keep your audiences
engaged, you can win the organic reach to a much larger extent.
You can suggest me more
earning methods from Facebook here in the comments.
Written By Lawrence John | Updated on January 25, 2020
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