Facebook is without a doubt one of the most popular social media platforms online today. Starting back in 2004 with only 1 million active monthly users, it has grown to where now more than 2.2 billion people actively use it each month!
And with that many people in one place, it’s definitely a great way to keep in contact with friends and loved ones — but it’s also an amazing opportunity for people to make money online.
However if all you’ve ever done is like pictures and share funny stories, you might not know how to make money on Facebook. So within my post today, I want to share with you several ways that you can use this massive platform to earn an extra income online.
So if this sounds like something you might be interested in, continue reading to learn 5 great ways on how you can earn some extra money through Facebook.
1) Facebook Marketplace
Facebook marketplace is a nice addition that allows you to buy and sell items to a huge community of people that are located near you. And it’s also super easy and quick to get started using it.
In order to sell something, all you have to do is click “sell something” — then fill out a few details about the item you’re wanting to sell like what it is and how much you’re selling it for. Then you’ll simply click post, and wait for people to contact you about questions they may have about it.
So if you have some items you don’t want anymore and need some extra cash, then this is an excellent way to earn a quick buck.
2) Join Local Facebook Groups To Buy And Sell Items
Very similar to Facebook marketplace, by joining a local Facebook group in your area you can buy, sell, or even trade items quite easily.
Here’s an example of a group my wife joined that allowed her to get a very nice dinning table, some light fixtures, and even sell some old shoes she didn’t need anymore.
It’s almost like having a yard sale, except instead of putting a sign out in your yard you instead post pictures within this group and have people buy them there.
So if you want to find some good deals, get rid of some junk in your garage, or trade an item for another item (which we also have done) — this method I think could really help you out.
3) Facebook Sponsored Post
If you have a Facebook page with a huge following, then doing a sponsored post can help you advertise quite effectively. Basically all your doing is choosing a post already on your page and promoting it to get a bigger following.
You can do things like picking your targeted audience, choosing how long you want to run it, and also choosing how much money you want to spend.
And if your promoting a post that leads people to buy something, then this can be an effective way of getting a lot more people viewing and possibly buying whatever you’re trying to sell.
Again though this is a pretty basic way to advertise on Facebook and works best if you have a lot of followers.
Therefore if you don’t have a page with many people and you want more customization — then Facebook ads will be the option you want to choose.
4) Facebook Ads
As I just mentioned, using Facebook ads is a more advance way to advertise on Facebook.
It lets you choose how you want to place your ads, customize the type of audience you want to target, determine how much you want to bid on a click or impression, create custominzable CTA’s, and give more detailed information such as the number of views, clicks, and engagement your ad got.
Overall it gives you a lot more flexibility on how to promote things within Facebook — therefore allowing you to really target down to the type of people you want to market to.
So unless you want a quick boost in your audience on your page, then I would suggest you use Facebook ads to help get more visitors / sales for your website.
5) Affiliate Marketing
Last but not least, one of the best ways to make money on Facebook (and my most favorite method) is through affiliate marketing.
Basically you promote a product or service of a company on Facebook, and every time someone clicks on your links and makes a purchase you earn revenue.
And the great thing is just about every company nowadays has an affiliate program you can join for free, like (Amazon, Bestbuy, and Walmart) — and you can even go to Google and look for specific items to become an affiliate for.
Honestly I think this method is the best out of all 5 I am mentioning within this post, because it allows you to make a lot of money if done correctly, you don’t have to spend a lot of money to do it, and you can even combine it with some of the other options I just mentioned like Facebook ads to increase your revenue.
But this can only be achieved after you know how to properly do affiliate marketing, and out of all the programs I’ve come across online — Wealthy Affiliate by far as the best program in teaching people how to do this step by step.
As you can see Facebook not only can help you keep in touch with people you know — but it also gives you the opportunity to make money online through the different options I just mentioned above.
You can sell some items you no longer want to people within your community, advertise your post so more people can see it, or promote other people’s products and services to earn money through affiliate marketing.
All it takes following a method that’s been proven to work, then putting in the time each day to make it happen. And again with over 2 billion people using Facebook each and every month, the amount of money you can earn by using this platform is huge!
So I hope you now have a better grasp on how Facebook can help improve your financial situation, but if you have any other questions regarding how to do this — leave a comment below and I’ll be happy to help you out.
Also I’d like to know have you ever thought about or tried using any of these methods to make money on Facebook in the past? If so I’d love to hear what your experience was like! 🙂