బుధవారం, సెప్టెంబర్ 14, 2011

MAKING MONEY WITH FACEBOOK

Making Money With Facebook!

Facebook is definitely the best and the most effective online marketing today. No matter what someone would say, Facebook is probably the cheapest marketing tool you can find online.
There are two main ways which allows you to make money through Facebook:
  • Indirect Way – This is probably the most effective and mostly appropriate marketing technique for Facebook.
  • Direct Way – You can actually make money on Facebook by developing an application or a game with your own advertisements.

Make Money Indirectly from Facebook

As I have said, this is the most effective marketing technique you can apply through Facebook. This way you can actually consider a Facebook as a landing page, or a quality traffic source for all your marketing needs.

Indirect money-making techniques:

  1. Facebook Pages – Probably the most effective marketing technique. You can actually use your page to improve your leads and sales, or to promote your product page through it. These pages are widely used by all Facebook users.
  2. Facebook Profile – You can use your own personal (or business) profile to promote your own products and services with your own friends.
These both marketing techniques work differently. Pages are usually visible by anyone, and anyone can join without any approvals.
Profiles are different, and everything you update to your profile is usually presented only to your own friends, and these friends need to be re-approved. This technique works on a similar principle as Twitter.
And here is a simple scheme to describe you how it works:
Facebook make money scheme
A Facebook pages and profiles are great to promote products and services you are affiliated to. That may help you increase your sales and leads, and by that make some money indirectly through Facebook.
Of course, you can promote your own website too. So those who visit your website might become your loyal visitors and a potential customers.

Make Money Directly on Facebook

Yes, you can make money directly on Facebook too. This is done in two main direct ways of making-money process through this popular social network. Note this way is reserved for someone who knows how to develop Facebook apps and games.

Direct money-making techniques:

  • Facebook Games – Most games, served directly through Facebook are based on micro-payment module. That allows developers to sell in-game stuff to the loyal game players. Allowing them to make money directly on Facebook. Additionally, developers can place an ads and make money that way.
  • Facebook Applications – Other apps are monetized usually from ads. Developers can insert own ad code inside any developed application on Facebook. Allowing them to make money directly from clicks.
Facebook has a great and well-documented developer database. In the other hand, there are many Facebook developers who knows how to do “the job” if you pay them some money.
I personally think that Facebook really does not have any real competition, at least when it comes to the marketing. Marketing = visitors and visitors = traffic on internet. Well, yes – it is all about marketing!

These methods don’t require you to buy anything or pay someone to tell you the “secrets”. As a matter of fact you can start making money with your facebook right now without having to spend any money at all. These are no “secrets” for making money on facebook. Simply some very basic methods that people use to make money elsewhere, but with a little work and patience you can apply the same methods to make money on facebook

             Of course, like any other method to make money, you need a market for it. In this case the market would be facebook friends. The more facebook friends you have, the more chance you have of making (more)money. What if you don’t have much facebook friends?…Fortunately it’s very easy to create a massive market (friends for facebook) simply by searching and inviting others to be your friend. But, if you want to take it to the next level and automate the finding and adding friends process, there are some software that can do just that.

Ok, lets get to the point and see how you can make money on facebook. Here are some proven ways you can use to make money on facebook.


1.Showing ads on Facebook
With all the facebook applications that make it easy and a snap to start showing ads on your facebook, there is no excuse for not taking advantage of this method, specially if you are popular amongst your facebook friends, and have a big audience to show your ads to. Using adsense, chitika and other PPC advertising companies you can easily setup your ads and customize it to your liking. Make sure to set it somehow that it serves ads related to product and services that you know your facebook audience is interested in.

2.Writing a Facebook book (How To…)
Facebook is attracting more and more members everyday. And lets face it, not all of these people are facebook savvy. And even though getting started with facebook for you and I might be simple and quick, many people have problem with the basic things. Write a small and to the point e-book about facebook and how to use it. Maybe a simple step by step instruction for getting started with facebook. Or an e-book about how to use different application to make facebook experience a better one. There are many possibilities. With the huge amount of facebook apps and all the new ones that are added daily, this can be quite big. You don’t even have to pay to promote your e-book, simply use your own facebook or better yet create one for your e-book and start promoting it.

3.Affiliate marketing on Facebook
It’s the same idea as showing ads, but in a more direct way. Register for free with affiliate networking sites such as clickbank, Maxbounty and etc, and pick a product relevant to your facebook audience interest to promote. You will be provided a simple code which is a link with your affiliate id embedded in it. Whenever someone clicks on that link and buys the product or service, you make money by getting a commission.
You can create an entirely new facebook for that product and start promoting it there. A friend of mine is actually doing it for 4/5 different weight loss product. He created a facebook page for each product and started adding friends to his facebook. He writes short posts about the product and posts it on his facebook with his affiliate link in it. Hi is making a couple of hundred dollars a month doing this. I know it’s not much, but for something that doesn’t cost you a dime and takes about 30 minuets to setup, and takes about 20 minutes or so a day to run, I don’t think it’s a bad deal.

4.Blogging about Facebook
There are already some people doing it. But there is always room for new voices. Get a free blog over at blogger and use Google adsense (which is already integrated in blogger, so even if you don’t know how to show ads on your blog, you can set it up with couple clicks) to show ads on your blog and make money that way.
When you established yourself as an authority and a trusted person for anything related to facebook, you can get some sponsor and maybe use affiliate networking sites to find and promote facebook related product.

5.Create and sell a Facebook application
If you are savvy enough and know your way around, why not use your skills to make a facebook app of your own and sell it to facebook users? Again, once you made it, you can use the same strategies mentioned above (blog or a facebook page for the app) to promote your app.

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