Do you know that you can make money on social media?, okay, let me be precise, do you know you can make money on Facebook?. Some of us have been using Facebook for a long but don’t know that thing called”Facebook” can earn you loads of money. Honestly, the first time I heard about making money on Facebook I was shocked, not because of the possibility of making money on Facebook, but the different methods of revenue that sparked my head.
There are a ton of ways you can earn money on Facebook. Facebook has more than 2million people visiting it per month, “2million!!”. It certainly means there are more than enough audience to grab. So why don’t we get to my top ways of earning money on Facebook with or without followers?
How to make money on Facebook
- Facebook revenue ads
- Affiliate marketing
- Sell shout out
- Charge to drive traffic
- Facebook ads
1. Facebook revenue ads
Okay, this doesn’t require you to create ads or an ad campaign (which basically means spending money). Have you ever watched a YouTube video? (i know most of us have). When you watch a YouTube video, you’d see ads running, and the creator of that video gets paid for every ad that runs in his videos.
Well, you can also run ads on your Facebook page. You can have ads run in your Facebook videos just like on YouTube. But you must know that there are requirements that you must overcome before you can start running ads on your videos.
YouTube has requirements and Facebook has too, but I’ll say Facebook is easier because there’s less competition. And yes!, I wrote an article on the easy ways to earn money through Facebook ads. Click to see the article
2. Affiliate marketing (the most popular way of making money on Facebook)
With affiliate marketing, you can make more than thousands of dollars a month if you know exactly what you’re doing. Affiliate marketing is when you earn commissions for each person you refer, either you earn each time they purchase a product or you earn for leading them to the platform, there are different methods to earning.
And of course, there are different platforms to work with that suits your taste perfectly. Affiliate marketing is a business many influencers do to earn six-figure income. You could literally make your dreams come true just my collecting commission.
The best part of being an affiliate marketer is that you don’t need to work every time you could literally earn money while you sleep, “like seriously, while you sleep”. If you don’t know anything about affiliate marketing and you want to earn a six-figure income while working as an affiliate, check my article where I outlined the best affiliate platforms to work for and earn money while you sleep (zzzzzzzzzzz, sweet). Check out the article here.
Dropshipping is like affiliate marketing, but in dropshipping, you own your product, which means you don’t need to refer people to earn money. In dropshipping, you can host your products on a hosting platform or you can create your own website.
In dropshipping you can buy products at an extremely low price and sell it anywhere in the world, sweet right, you can literally sell to anyone. I know what you’re thinking, “how do I send a product to anyone in the world”, well, that’s what those hosted platforms are for. Now, if you’re confused about how to start a dropshipping business, I don’t have an article on it but I can refer you to one.
4. Sell shout outs
If you have a very strong fanbase and want to utilize it, then selling shout outs should be for you. There are a ton of influencers that get paid by brands to give them shout outs, and that influencers get paid a lot depending on the contract agreement.
If you’re wondering how to find brands, well, they’re a lot of platforms to find Brands you can collaborate with, most people use Fiverr, although there are platforms that specialize in shout outs. So if you have a strong fanbase on Facebook and you don’t know what to do, selling shout outs should be a perfect match for you.
5. Charge to drive traffic
Charging to drive traffic to other blogs is like selling shout outs, but in this case, you don’t need to make any shout out video, all you need to do is to put a blog post on your Facebook page and you get paid, it’s as simple as that.
Bloggers pay a huge amount of money to host their articles on Facebook, Pinterest and Instagram pages. Believe me when I say they pay a good amount of money. There are more than 500million live blogs, so don’t think that everywhere is occupied because it’s not true, there are new bloggers looking for people to host their articles, you can also use Fiverr or Upwork if you don’t know where to find them.
6. Facebook ads
You might be wondering why I put Facebook ads again, well, in Facebook ads you’re either the creator of the ads or you’re the host of the ads, we are going to talk about the former because we’ve talked about the latter before. Running an ad campaign on Facebook is very easy and less expensive.
You could literally spend $1 per day running ads depending on your choice of audience and campaign. One thing I really love about running Facebook ads is that you get to check the audience that you want to display your ads to.
Okay, now you might be wondering “what do I do with Facebook ads”, well, you can do anything from selling products to working as an affiliate and you can also grow your Facebook fanbase just by running ads.
A lot of successful businesses use Facebook ads to promote their products and don’t forget the audience, over 2billion (registered) people waiting to see what you have to offer.
There are many ways to make money on Facebook, whether you have followers or you just opened Facebook, the sky is your limit depending on how you implement your strategies and believe me when I say there are many strategies. Everyone has what works and doesn’t work for them.
The fact about making money on Facebook
The real truth about making money on Facebook is that hardwork needs to be implemented. It’s almost impossible to make money anywhere online without serious hard work. You don’t make money while you sleep by being lazy all day, you do it by working hard.