If you have over 200 friends on Facebook and you’re not making money with your account in 2020, you should stop whatever you’re doing right now and follow the proceeding instructions:
In two minutes, I want you to go grab a pen and paper cause you may not see this article again. You’ve been sitting on money for too long and it’s time to direct it into your bank account.
Last year Facebook made over $21 billion in revenue. You too can have a fair share from the company’s profit if you act smart.
Facebook has evolved beyond just a mere social networking site where people chat and connects with friends and family. Over the last couple of years, Facebook has become a fertile ground for people to make money legitimately right from the comfort of their homes.
Don’t just waste your data on Facebook doing nothing productive by scrolling endlessly through your feed. Convert your time on Facebook into money by following the simple ideas shared on this post.
If you’re interested to know how you can earn money on Facebook from home, you’ve come to the right place. This post will teach you all you need to know to get started. Endeavour to read to the end.
Top 5 ways to make money on Facebook.
1. Sell products on Facebook.
This is one of the easiest ways you can make money on Facebook. If you happen to run a business that sells goods or offer services, Facebook can increase your profit in ways you can’t possibly imagine.
There are currently over 17 million Nigerians who actively use Facebook. This translates that, your customers—people who are interested in your services, but you haven’t met are definitely on Facebook.
However, if you don’t have a business, it doesn’t hinder you from making money with this strategy. you can easily pick up cheap items on AliExpress which are in high demand in Nigeria and begin to sell on Facebook.
All you need to do is snap a clear photo of the item you’re selling and post it on Facebook. You can share these items on groups, or via broadcast, message to gain wider visibility.
In time, you’d start getting inquiries and orders. Social media is the new market place. Distance is no longer a barrier in business.
If you want to take your marketing further to achieve better and faster results, you can open a Facebook page for your brand and start running ads.
Facebook ads quite are easy to kick-off. With a little budget, you can achieve a lot and get considerably high returns on your investment.
2. Earn money through Facebook groups.
If you’ve been on Facebook for a while, you must have encountered Facebook Groups and probably know how they operate.
A Facebook group is a collection of people with similar interests. A Group could be based on any niche. E.g. entertainment, news, politics, business etc.
To make money from Facebook groups, the first step is to choose a niche. Pick something you have a basic level of knowledge about. For example, you can set up a Facebook group where people can get the latest entertainment gists or even one that teaches people how to cook, or learning something new.
The key here is to create a Facebook Group that offers value or solves a problem.
When you create the group, send invites to your friend list to join. Don’t just stop there. Share your group link on other groups and social media platforms such as WhatsApp, Twitter and Instagram.
It might take a little bit of time for your Group to grow into thousands. But that’s where consistency comes in. As you continue to offer value, the Facebook algorithm will begin recommending your group to their users and you’ll start having requests from people seeking to join. Thus, your group will grow organically. With very little or no effort.
As your group reaches a considerable number of audience, people looking to advertise their services or products will approach you. You can calibrate your prices as you deem fit.
3. Become a page administrator for brands.
This is one of the coolest ways to make money on Facebook. It’s nothing complex. An easy and neat way to make money.
Brands and businesses are beginning to see the relevance of social media marketing and the need to have a healthy and bubbling social media presence.
With so much work entrepreneurs and CEOs have to do in running their business offline, they are looking for individuals who can help handle their social media pages, to foster better communication with their customers, keep their online presence active and attract new clients.
You can become a social media page administrator and get employed to create posts, reply messages and inquires. You can do all these right from the comfort of your home at your convenience.
How do you find businesses that are seeking to hire you to become their page administrator? Easy. A simple search on Google will solve this.
Also, you can browse through Facebook pages. Look out for those pages that seem dormant but with a high following.
These pages are dormant for a reason. The owners are too busy and wouldn’t mind having an administrator to revitalise the page. Send them a DM for your proposal. Send as many proposals to different pages that you can. In a few days, you’d get a gig.
4. Earn money through Facebook Creators Studio Monetisation.
If you already own a Facebook page that has a dedicated following, your chances are you could be earning up to 6-figures in no time.
Facebook offers a range of monetisation options for creators. They include:
- In-stream ads.
- Fans subscription.
- Branded content etc.
In-stream ads help you earn money by giving Facebook the authorisation to include ads into the videos you upload on Facebook. Your earnings increases based on the number of views you get.
Fans subscription makes you make some of your content exclusives. These contents can only be assessed by your fans/followers when they make a subscription fee payment.
Branded content involves getting paid from partnering with brands to advertise their products/services on your page. You don’t need to look for these partners yourself. Facebook does all the work for you.
If you don’t have a Facebook page, this is the right time to go create one and start growing it.
5. Make money on Facebook via Instant Articles.
This is particularly for blog owners. If you have a blog and you regularly share your posts on Facebook, you can make a lot of money from doing so.
All you need is a Facebook page and a blog. To get started, you simply insert a Facebook pixel code into your blog.
Hence, whenever you share your blog post on Facebook and people click on it, Facebook will show users a few adverts within your post. When they view or click on an ad, you get paid.
These are all strategies you can employ in making money on Facebook. I’ve tried everything on this list and I can tell you most assuredly that they work if you’re willing to put in the effort.
These are not get-rich-quick schemes. These are legitimate ways to make good money from Facebook. To see results from these ideas shared in this article, you must be ready to put in the work. It’s nothing you can’t handle if you have the right mental attitude.
These tips can get you from a salary earner to a self-employed. All you need is dedication.
If you have questions or need further clarity, kindly leave a comment below. I’d be happy to answer them.