How To Make Money On Facebook (Step By Step Guide)

Digitalization has caused a change in our daily life activities and businesses.

Making money online has become necessary since almost all businesses are advancing to digitization and monetization.

Covid-19 has challenged many companies to lay off some of their workers and replaced them with modernized technologies.

Facebook, Youtube, Instagram, TwitterTwitter, TikTok, Fanbaze, amongst others are platforms that could help businesses and content creators to make money online.

In this article, I would enlighten you on simple ways to make money from facebook.

Facebook is one of the largest social media platforms in the world right now. Whether you are an individual or a company, you can make legit money on Facebook. Anyone at all can make money on Facebook.

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Consider the following tips to help increase your income or start a side hustle on facebook.

If you are only using Facebook to message friends, and have fun then it’s about time you make passive income off it.

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HOW TO MAKE MONEY ON FACEBOOK

Making money on facebook does not require any serious expertise. All you need is your smart phone, tablet or laptop with internet access.

Now, here are few tips on how you can earn income on Facebook.

Sell On Facebook

Everyone can sell on Facebook, there are no special requirements to sell on Facebook.

In general, you can sell anything on Facebook except these few things; alcohol, animals, firearms, money gambling products, tobacco, illicit drugs, and certain health care products.

To be able to reach more potential customers, you would have to join ‘local buy and sell groups’, create post for the product(s) or service(s) you are offering with beautiful images or graphics.

It is also advisable to avoid spamming. Make sure you are sharing your post to groups that are in line with your niche.

That is, if you are selling say automobiles, do not share your post to a group specified for ‘Music promotions’ else some admins would block or restrict you from posting to their groups.

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You can also create and grow your own group on Facebook. Posting contents regularly would help your group grow faster.

Again, you can create a Facebook page and brand it for your business, do consistent posts and use Facebook sponsor ads to reach more potential customers.

Make sure you add necessary details to the page so that customers can trust your business and reach you when necessary.

Basic details like phone number, email, address, etc. must be added to a business page.

In creating Facebook ad, there are three basic things to consider;

Objectives (What is the purpose of the post? Do you want to interact with the audience or to make sales / leads?)
Audience (Is your post targeting a specific audience or not)
Budget (How much are you spending on your post and for how many days are you running the campaign?).

EARN REFERRAL BONUSES

You can make money on Facebook through refer-a-friend campaigns which is run by many companies around the world.

There are companies that pays in diverse ways for referring a friend to their platforms. Companies like Rakuten, Uber, bolt and many others pay referral bonuses.

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Once you share your referral link to your friends on Facebook and various social media platforms, you make some cash once any of them sign up.

BECOME A SOCIAL MEDIA MANAGER

There are diverse ways to make money online, specifically on various social media platforms. You can get paid to handle corporate social media accounts. As a social media manager, your responsibilities may include the following;

Building the audience size for a company.
Scheduling social media posts.
Create graphics for social media
Interact with followers, reply emails and respond to comments.
Create ads and monitor ad campaign metrics

It is likely that you would be working on Instagram, twitter and Pinterest as a social media manager so try to familiarize yourself with it.

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