Facebook earning

Making Money Online with Facebook:-

Unless you live on another planet, you’ve undoubtedly heard of Facebook. If you’re like many of the 500 million members, you probably spend way too much time using the social networking service. Because of its enormous worldwide following, Facebook offers some interesting ways to earn extra money.

Marketers salivate at the thought of all those millions of people who visit Facebook multiple times a day. How can you convert this traffic into cash? Think of Facebook as a place to market your products and services.

How It Works

The first step is to open an account, if you don’t already have one. Accounts are free and it takes just a few minutes. Setting up your Facebook page requires some time and thought. Your goal is to optimize your page, making it attractive to both your visitors and search engines.

Because of its huge popularity, Facebook is the second most visited website after Google. This makes it an excellent platform for attracting the right customer to your online business. Facebook has very cost-effective ads that you can optimize to get high quality leads, enabling you to makemoney with a modest budget.

This is not a get-rich-quick scheme. Be prepared to invest time and energy to build your Facebook audience. It won’t happen overnight. As you gradually attract fans, spend time learning about them and interacting with them. The more you understand about your visitors, the more you can figure out what interests them and what products and services they need.

Ways to Make Money

1.Sell advertising

Through advertising networks like Google AdSense, you can sell ad space on your Facebook page after attracting a large audience.

2.Blogging

If you enjoy writing, start blog with the goal of attracting your Facebook visitors to it. You can then convert these visitors into customers who will buy your products and services or engage in partnerships with you.

3.Direct sales

Post affiliate links related to your products on your Facebook profile page. Through these links, Facebook visitors can purchase your products and buy from your online store. Better still, use Facebook to develop relationships with your visitors whom you can then convert into your customers or distributors of your products.

4.Facebook applications

There are various Facebook applications you can install that will help you monetize your traffic. Here are a few to consider:

    • Radical Buy

      This is a unique app that you can use to sell almost anything.. It works similarly to eBay. You list your products and have them visible to other Facebook users instantly. You can also reach a wider market by allowing others to sell your products on their own Facebook pages in return for a commission.

    • Shopit

      This is a social commerce network that enables you to buy and sell products by adding a free store to your Facebook page.

    • CafePress

      Here’s another great app that you can use to sell both your products and others’.

  • Creating and selling apps

    If you’re the innovative type with some technical know-how, then consider building and selling your own Facebook apps. Need help? Here’s information for aspiring Facebook developers.

There you have it, sign up with Facebook, create an attractive, fun and optimized page, drive traffic to it and begin making money using these techniques.

Last update: Dec 10, 2010

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