There has never been a better time to start making some money on social media than now. With so many opportunities and monetization methods available, it is definitely possible to make some money on Facebook, Twitter, YouTube and all the other platforms out there!
The main focus of this article is to show you how to make money on Facebook, since it's the most popular platform out there. But some information can be applied on making money with other social media too.
Most people want to make money online because they think it is easy. Now while there are definitely easier ways than others, the main problem is that it takes time and effort to see results. And not everyone is willing to put in that effort. The good news is, you don't need to be tech savvy or spend your days trying to figure out how to make money online. You can easily make money on social media without much effort!
The only thing you really need before making some cash online is a Facebook profile (if you don't have that yet, you can easily make one in 5 minutes), and a smartphone that allows you to watch videos (so basically any phone).
What kind of money can I make on Facebook?
On Facebook there are several ways you can monetize your fanpage: Promoting Advertisements Commercial Pages Product Sales Promoting Affiliate Links
1) Promoting Advertisements
How do you usually find new products on Facebook? Either by paid advertisements or organic posts. It is the same with businesses that want to spread their message, they will need to promote it in order to get their content seen! You can become a "Facebook Advertiser" and pay money every time someone clicks on your post.
2) Commercial Pages
The quickest way to make some money on Facebook is by creating a commercial page. You can basically get paid for every day that you maintain an active page on the platform! There are several requirements for this method of earning money, so please read carefully: Minimum age requirement of 18 years old Any kind of Facebook profile (I.E Personal Profile, Business Profile...) You can use any kind of payment method to withdraw your money Minimum cashout of $50 USD Only fanpages with active profiles are allowed to monetize through commercial pages The page must be active for 3 consecutive months Any spammy activity will result in your account being closed!
So why is this method the quickest way to earn money on Facebook? One reason is that you can pretty much get started right away! You don't need to be tech savvy or anything. Just create a fanpage and start promoting it! While this opportunity requires some time to grow, in just 1 month you could probably already be making your first dollars online (depending on your strategy).
Keep in mind that if you don't have a smartphone, you can always use a Facebook account with good "Likes" and promote from there. The only difference is that if you do it this way, your posts won't reach as many people.
3) Product Sales
This method will allow you to make the most money since you will need to actually buy a product and sell it. But this method also requires the most work and investment! Before getting into the details, let's go over some of the requirements: You can only promote products that you have bought yourself (reseller rights aren't allowed) Protecting your account is very important – This means making sure your affiliate links are secure You can't use sites that require any kind of monthly fees This method has the lowest payout ($10)
While this might sound discouraging, there is still a way to make money with product sales. And it doesn't involve selling physical products! They key things you need is to create a review page and promote it on your fanpage. If you can generate enough traffic, this method could be very profitable for you!
4) Promoting Affiliate Links
The final way to make money on Facebook is through affiliate links. This basically means that you sign up with an online business and get paid every time someone makes a purchase through your affiliate link. The key to earning money with this method is to choose products that are relevant to your fanpage. For example, if you were promoting for Clickbank , then you shouldn't be promoting weight loss products since it doesn't really apply to your page's niche (unless of course if it's the best weight loss supplement).
So there you have it – 4 ways to monetize your Facebook fanpage! Like I said earlier, this is not a get-rich-quick method, but if you are willing to put in the work, then it can definitely pay off!