Early in the morning when you wake up from your bed, I am sure that you visit your Facebook account. Having a Facebook account is almost an essential part of our daily living. We should admit that Facebook can gives us convenience in any ways.
But, have you ever think that Facebook can give you money?
In this article, I will show the seven proven ways on how to earn money using your facebook account. Yes, you heard it right. Just read this article from top to bottom and choose the best way for you to earn using facebook account.
So, let’s start this.
7 PROVEN WAYS ON HOW TO EARN MONEY USING YOUR FACEBOOK ACCOUNT
1. SELLING YOUR PRODUCTS
We all know that Facebook has the biggest network among social media sites in the whole planet. If you are selling your products, you can use Facebook to boost the numbers of your potential customers. You can use Facebook in three different ways.
- Posting on your wall.
- Joining Facebook Groups (Buy and Sell Groups)
- Facebook Market Place
Using these three features of Facebook is very powerful tool in boosting the number of your potential customers. By posting in your personal Facebook wall, you can reach all of your friends. Let’s say that you have 4000 Facebook friends. If you have 4000 Facebook friends, this is the number of possible customer that can see your post. Another is by joining Facebook groups. For me, this is more powerful than posting on your own wall. Because in a Facebook group, you can reach members of that group even if they are not your Facebook friends. In short, the network is bigger than the first one. But among the three, the most powerful feature of Facebook here is the Market Place. Here you can reach potential customers even if they are not in your Facebook friends list or a member of a certain Facebook group. Use this feature to obtain a large number of potential customers.
2. CREATING FACEBOOK ADS
This one is a very good help for the number one in our list. If you really want to reach thousands of potential customers, use the paid ads of Facebook. I personally experience using this and honestly it is very effective. My Facebook page reach thousands of engagements and video views because of this. Do not hesitate to try this one. If you pay Facebook to advertise your product, this will bring you very high return. So much money to bring back your ads payment.
3. FIND A JOB ON FACEBOOK
Did you know that you can find a job in Facebook? Yes it is. Facebook open its door for job seekers. You can read some article about the 7 Ways Facebook Can Help You to Find Your Dream Job. By finding a job using Facebook, it really give true evidence that Facebook can helps us making our money.
4. INVEST IN FACEBOOK
Facebook is open to public for trading. Yes, you can buy Facebook stock through the help of some licensed brokers. I bought stocks on Facebook using my broker which is the eToro. If you want to read what is eToro all about, read my blogs entitled “Is eToro a Legit or Scam?” You can earn money by trading Facebook stocks. Just remember that before you go trading, you have to study first how to do it effectively. You can read my article here about The Truth About Investment and Stock Trading Terms Every New Investors Need To Know.
5. JOINING CONTESTS
I saw some contests in Facebook where you can possibly generate money. One of the best example here is the contest about blog writing. You can join in this contest for free and if you win, definitely you will receive the pot money. Another example of contest I saw is the contest about the cutest baby in town. In this, the participants should have the biggest number of reaction such as likes and heart reactions. This is not really an income but as I said, money from using your Facebook account.
6. HOST A CROWDFUNDING
If your goal is not just to get income but to help others in need, this feature of Facebook is perfect for you. Here, you can generate fund for a cause. Let’s say that you have a friend with a severe sickness and he needs financial help. You can use your Facebook to create a crowdfunding for you friends. The money that you will receive using this feature should be use for the needs of your friend. I think this is not for income purposes. This activity was made to give help for those who needed it.
7. MONETIZING YOUR FACEBOOK PAGE
This is the dream of every Facebook page administrator like me. It is the best way to get a passive income from Facebook. Facebook launches this monetization tool to help those creative people in their creative art works. Now, you will think about Youtube monetization. Facebook offers monetization like Youtube. There are three kinds of monetization in Facebook.
First is the In-Stream Ads
For you to be able to join in this monetization tool of Facebook, you have to reach certain number of followers. Aside from followers, you also needs to have enough views within 60 days. Please see the above photo for your reference.
Second is the Brand Collabs Manager
You can earn money by paid partnerships with brand that wants to collaborate and creating contents with your audience.
Last is the Fan Subscriptions
Create a subscription for your Page and earn a monthly income. Choose a monthly price, offer exclusive benefits and grow the community of people who subscribe to support you.
If you want to understand this article through video, you can watch my vlog about this. If you are not a Filipino, just turn on the subtitle.
THE BOTTOM LINE
Facebook is a powerful social media network. If we learn how to use it wisely, we can see that this is a also a powerful tool to generate income. Don’t just use it as a mode of communication but use it in its full extent. This can make your social media journey meaningful.
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