Making Money with Facebook

Although there are many different social media platforms, Facebook currently presents the best opportunities to make money with social media.

Facebook is the second most visited website in world, just under Google.  With nearly 1 billion active users worldwide this leading online social community presents an amazing opportunity for businesses and entrepreneurs today.

Besides the large amount of traffic and users, many of the new features built into Facebook now allow for revolutionary opportunities for entrepreneurs and businesses to generate more traffic and sales than even from search engines.

This site provides free information on simple methods that you can start implementing today to make money with Facebook whether or not you have an existing website, blog, or product.

Ways to Make Money with Facebook

The way you make money in just about any business is by selling a product or service.  This can be either your own product or service that you are marketing or you can market products made available by other people, also known as affiliate marketing.  Affiliate marketing can be a very quick and easy way to get started making money online.  Here are the methods that you can use Facebook’s built-in features to market products and services:

Sell Items

Facebook ecommerce apps and storefronts permit users to add custom shopping carts to their fan pages or profiles in order to directly sell on Facebook .  There are a number of online companies that you can partner up with to sell products on Facebook.  Typically you can just sign up for a company’s affiliate or shopping cart program, sometimes for a small fee, then download the Facebook app for that company and you can add the custom shopping cart right to your fan page or profile in order to directly sell on Facebook.

Listed below are some of the best applications or partners to use that have Facebook ecommerce applications to help you sell on Facebook.

- Big Commerce – BigCommerce is a popular online shopping cart software service provider that offers ecommerce solutions for both small businesses and large corporations.   Once you sign up as a member, you can use the Big Commerce Facebook application by adding a new tab to your fan page on Facebook where your products will be listed. Visitors can view items, share them with friends, and purchase products directly from your Facebook storefront.

- Marketplace – Marketplace is an application from Facebook for buying and selling just about anything you want through the social network.

- Cafepress – Cafepress allows members to apply custom designs and labels onto a range of products like t-shirts and coffee mugs and sell them through their easy storefront applications. Using their Facebook application,  you can promote your items through your Facebook profile.  CafePress will also include affiliate links to store items so that you can also make affiliate commissions with them.

Groups

Facebook allows users to create their own Group to gather like-minded people or those interested in certain topics or areas of interest, whether it be politics, hobbies, industries, or something else.  Although these groups starts out as a simply a social community online, they present potentially dramatic potential

to make money.  The idea of making money from Facebook groups is to accumulate enough interested readers on a specific topic and when it is the right time, you can use your power as the group administrator to recommend sites of your own that sell products or services, or related affiliate offers.  For example if someone has a group that is centered around real estate investing, they can work with the provider of an online real estate investing course and invite the members of the group to attend an informative seminar hosted by the course provider.  At the end of the seminar, if the course provider offers his course and some members buy it, the group organizer might typically make 50% commission.  I have heard about group administrators that have left their full time job just based on the income they received based on the group they have assembled.  Many internet marketers say that for an online business,” the power is in the list” meaning that once you have built on line following, your ability to market to that list can be one of the most valuable assets.  Through Facebook groups you have a very easy social network supported method of creating lists.

Fan Pages

Facebook allow individual users to create fan pages for their favorite celebrities and their own businesses.  Many large brands have also created their official pages on Facebook have generated huge fan followings around the world.  The fan page is great for conveying first hand information about the brand, collecting feedback from your consumers, or just interacting with the consumers in fun ways, whether by games, contests, etc.  The fan pages can also allow you to provide links for your fans to click on to purchase products or affiliate products.  Some business keep their fans updated with notices about special deals.  Overall fan pages are a great way to build a long term relationship with customers, once they link to it or “Like” it, giving you the ability to remarket to them in the future

Creating attractive successful Facebook fan pages can be a little tricky and technical at first but there are some simple systems that can help you easily get this kickstarted.  Here is the easy fan page creator that we recommend.

Advertising

Facebook allows for extremely targeting advertising which gives you a huge advantage over using other methods such as search engine advertising.  Because Facebook uses information gathered from the user’s profile in order to allow ads to be laser focused, you can earn more money and have less wasted advertising spending.

Facebook specifically allows advertisers to target based on: location, age, birthday, gender, keywords in a users profile, education level, workplaces, relationship status, language, and even sexual preference.

Here are some of the goal you may pursue with Facebook Ads:

- Promote your own products

Whether your business sells a tangible product, software, or even if you own a local store, Facebook Ads is a great place to promote your own products and services.

- Promoting Affiliate Products

Regardless of whether have your product or business you may want to team up with an affiliate program and  have access to thousands of affiliate products available for you to sell.

- Build an email list

Email marketing is one of the best avenues in online marketing.  With a solid list you can generate continual income by providing referrals and working with affiliates.  A good way to do this is to create a landing page that has lots of good information and an email list opt-in form.  One of the best services to use to create and manage email lists is Aweber.

Providing Services for Local Businesses

Once you learn just a little bit about Facebook marketing and building a fan page, you can offer your services to local business to build their fan pages for them.  Their are so many local businesses that can benefit greatly from a good facebook marketing campaign and many dont know where to start and others have a very weak page up and dont know how to take it to the next level.  Learn more about this fast easy business strategy to start making money with Facebook this month.

Video Seminar on Facebook Strategies

• Super Fans: What They Are and Why You Need Them

• Essentials of a Facebook Marketing Foundation

• Smart Strategies to Grow a Lucrative Fan Base

• Quick Tips to Get Your Fans Talking and Engaged

• How to Move Your Fans Up the Ranks to Super Fan Status

Click here for the video!