As of June 2017, about half of the world’s population uses social media, with Facebook alone having over 2 billion monthly active users. This generates a massive online market pool from which many people have made and continue to make money with minimal effort.
If you’re wondering how to make money on Facebook without spending any money, you’ve come to the right place because this post is for you.
Before You Can Make Money on Facebook, Here’s What You Must Do
Making money on Facebook isn’t a simple process, and it’s also not magic you can conjure overnight. Although you are not required to invest any money, you must invest your time, diligence, and perseverance in your efforts to earn money.
Things to do:
- Increase the number of friends you have
- Create a group and grow your member database
- Get a lot of likes on your facebook page
To make money on Facebook, you must follow the three procedures listed above. It carves out a niche for you with a large number of engaged followers and audiences. This is important for earning money.
Ways to Can Make Money on Facebook
Start affiliate marketing
When your Facebook page has a large number of followers, you can post one or two affiliate marketing links every day to the group. Affiliate marketing pays you a share of the product’s sale price. When someone buys something through your link, a part of the sale goes to your account.
Create a Simple Facebook app
You need not create a complex app to earn money. Simply create easy, entertaining apps that people will use frequently. You can make money through adverts or in-app purchases.
Start Facebook marketing through influencing and advertisement
Businesses and digital marketers will approach you for paid advertisements if you have many followers. All you have to do now is add the product to your page and begin earning money. Typically, the more likes or followers you have on your page, the more money you will be offered.
People nowadays want their posts or videos to receive a lot of likes and shares. You may easily assist them by publishing the link to your group, which you have a large consumer base. You get more money if you can provide more likes.
Publish videos on Facebook
video on Facebook are very similar to those on YouTube. You can make a video of your business and host it on Facebook to earn money from ad sales when people watch it. Facebook gives the video producer 55 percent of the revenue generated and keeps 45 percent.
Sell your personal products on Facebook
This is fundamental marketing. The more followers you have, the more individuals you can reach, and the more likely your product will sell. You can also set up an e-commerce store on Facebook (keep in mind that you need a certain level of expertise for e-commerce Facebook sites).
Sell your Facebook page
People create Facebook groups and pages only to sell them to the highest bidder, which may seem strange. If all other money-making options fail, you can either do this or sell your account. However, because it takes a lot of time and patience, we encourage that you keep trying. It is impossible to begin generating money in a single day.
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