Do you know you can earn money from Facebook in zero or minimal investment? There are plenty of methods that are easy to follow, and people are using them.
According to a report by Statista, Facebook has over 2.6 billion active users globally. Most probably, you are amongst them. It is the most popular social media platform, and almost every internet users use this platform to stay connected with their friends to stay up to date about what is happening right now locally or globally.
Except business and a small percentage of people do something more rather than spending time on Facebook, likes shares, watching memes, videos. From the starting of Facebook, it has changed dramatically. This social media platform is not only now limited to connect your friends and families. You are sharing your life moments.
It has now become a place to find a job, to find selling products, getting touch with clients, and earning money online. Yes, on Facebook, you can make money if you know how to do it. Does it sound cool to earn from a platform from where you probably spend lots of time of your day? If yes, then this article will be exciting for you. Here we will introduce some excellent ways to earn money from Facebook with zero or minimal investment.
Before we introduce the methods or techniques to you first, you need to know what is required to earn from Facebook.
Firstly you need to have a presence on Facebook. It would be as an individual account, which probably you and most people have Or a page on Facebook or groups. With an individual account, your scopes are limited, and you cannot do the things on a large scale. Most helpful would be a Facebook page on a popular Facebook page. Facebook groups are also a good way. Below we will deeply discuss which method is more suitable and do you need investments for that or not.
So, let’s start with the first and most accessible way, which most people do.
Earn money by doing affiliate marketing on Facebook
Affiliate marketing is one of the easiest methods to earn money from Facebook. .It is referring to someone else’s product in exchange for a commission. If you are not aware of referral marketing, you can read:
What Is Affiliate Marketing And How Does It Work? In simple words, in the affiliate business, you refer to products or services to people. It is an excellent strategy where you refer products to people and every time someone buys from your affiliate link; you get a commission from the company whose products or services you are promoting. Amazon affiliate marketing is the most popular affiliate program amongst the online earners.
As many people you refer to, you get more chances to get the sales and commission. So, it is about more visitors or traffic, so what else could be better than Facebook.
Here are billions of people; People from different interests, different ages, different localities. So you have an excellent opportunity to sell your affiliate products on Facebook. If you have an individual account, you can upload your affiliate product pictures, you can add a description, pricing of them. But with a personal account, your reach is limited. You can reach very few people. Instead of that, if you create a page on especially for your referral business, it is even better. If people know about your page, and get interested, and like your page, that means you have all of the engaged audience. So, your conversion rate would be high. Besides that, on your page, you can run Facebook advertisements to sell the products.
Sell your own product
Similar to the affiliate marketing, you can sell your own product or service on Facebook through your page if you have. It would also a great idea to earn money from Facebook. For companies and businesses now, it is essential to have a presence on Facebook and other social platforms. So, you can promote your services and products on Facebook. You can promote your business there can drive traffic to your website. According to many businesses, Facebook ads are excellent for gaining a good conversion rate. If you have your own product and want to sell them through Facebook, then it is must require to have a page.
On a page, people see how many likes you have there, how many people are engaged in your services and business. It helps to gain more trust. Not only a physical product, but you can also sell your consultancy service and many other services.
Another great option you have to sell your products is the Facebook Market place. Looking towards people’s online shopping interests, Facebook has added this excellent feature. It is beneficial and easy to use the thing. You can upload any fair product on Facebook to sell out and reach to the potential buyers.
Promote people’s product to your Facebook page
A popular page on Facebook has a huge opportunity to grab companies or businesses to introduce their products to a large audience. Usually, a specific Facebook page would have a large number of relevant audiences. Suppose you have a tech-related page where you share various tech-related gadgets and products, their pros and cons. Looking towards your post, interested people will like your page to get future updates. Now, there are so many tech companies out there who look for popular pages, where they can introduce their products. To promote the product or service, they compensate the page owner. Some offer services too. If you have a specific audience on the page, then you get better chances.
So, if you can create a popular page on Facebook, you can earn from there. Now, you will find lots of pages on your feed appear because more people are creating pages every day and trying to do the same thing. Having a page is having an audience base. By promoting people’s products you can make money from Facebook.
Earn from Facebook in-stream video ads
Now everyone likes to watch videos on various platforms. So, due to the interest in videos, YouTube has now become the second most popular search engine and the second most visited platform. Looking towards the user’s interest and engagement with videos, Facebook has also introduced video uploading and viewing feature. Although the video is not a new thing on Facebook, people have been watching and sharing videos there for a while, but now Facebook giving an excellent opportunity to earn money from videos similar to YouTube. On YouTube, people upload videos and monetize them with Google AdSense ads. Facebook introduced in-stream ads, which are basically short video or image ads that monetize qualifying videos. It enables video creators to earn money from Facebook by uploading their videos.
Here are some terms and conditions Facebook has implemented to take the benefit of this money-making opportunity:
- You need to have a page where you will upload the videos.
- You need to have at least 10,000+ followers on your page.
- Videos you publish has to be at least 3 minutes.
- The video you want to monetize should have at least 30,000 one minute views in the last 60 days.
You can read more about the Facebook in-stream ads here.
So, if you are a video creator, you have an excellent option besides YouTube to earn money.
Earn money from Facebook groups
Facebook groups are quite similar to pages but in a confidential manner where you get lots of more functionalities and features to interact with your group member. If you are a blogger or influencer or have some specific talent on something which would be useful to people, you have a chance to earn money from Facebook groups. If you want to create a group on Facebook, firstly you need, to choose a niche. After selecting the suitable and preferable niche, you need to put the value there, need to add to more and more members there, as many members you gain as much you get a chance to earn. A group would be of any category. For example, you know WordPress.
You can create a group where you share your expertise with WordPress, help people to understand more about it, clarify their doubts. It is like a community where you stay connected to a large number of relevant and interested people. Now, WordPress related plugins are high in demand, and plugin companies give massive commission to sell out their products. So, you can promote those WordPress plugins, various tools, and many other essential things. That is a great thing. But before that, as we said before, you need to give valuable content, genuine support to your group members. You have to gain the trust of your members.
Like that, you can sell many other things on your Facebook and earn money. If you have your own products, you can give special discounts to your groups to get more sales and more money. That’s how you can earn money from Facebook groups. These are the methods that you can follow to earn money from Facebook. In the beginning, we mentioned that you might need to little investment if you want to see the results quickly or want to reach out to more people in less time. Now see where you may consider to investment money.
Promoting your Facebook page
Creating a Facebook page and make it popular in this competitive market is quite hard and time-consuming. To boost your effort, you can promote your Facebook page to reach more people. It is a useful method to get more followers in less time.
Promote your affiliate products
To increase sales, you can promote your affiliate products on Facebook’. But make sure it complies with the affiliate the program you are connected with because many affiliate programs do not allow members to promote their product in this manner.
Thanks for reading. We hope this was informative. Read earn money related articles,