by How to make money on Facebook- 11 best and effective ways, compiled here. We have several social media platforms like Facebook, Instagram, twitter, telegram, and more. However, have you ever thought about making lucrative income from those platforms. In this article, we will guide you on how to make money on Facebook.
We have included a variety of ways after doing thorough research. Therefore, you can select the best option that will suit you, or in other words you can pick a method that will favour you. In order to be more effective, make sure that you have gained enough followers and try to be influential by those followers. Without further ado, below are our ways on how to make money on Facebook – 11 best and effective ways.
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Table of Contents
Monetize with Facebook monetization program
This is one of the ways on how to make money on Facebook. This method is very effective, hence you can utilize it once you meet the requirements. Unfortunately, this monetization way is not available in every country. However, a good number of countries are eligible for the Facebook monetization program.
Most of the countries that can enjoy this monetization program are from Asia, Europe, and the North American continents. If you are lucky to be on those continents, just work hard to meet their requirements and start to monetize.
Use paid subscriptions
A paid subscription is also a creative way on how to make money on Facebook. Your page followers can be given an opportunity to access premium content through paid subscription.
This approach will allow you to create predictable income as well as building a dedicated community. For instance, comedian Daphnique Springs has about 4.2 million.
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Monetize with sponsored posts
This is another great way on how to make money on Facebook. You can collaborate with brands to promote their products or services. What you’ll have to do is to scope a substantial amount of followers. Additionally, you are also required to have adequate engagements from your audiences. The engagements means the active likes, comments and shares. In other words, your Facebook page should not be dormant despite the high number of followers.
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Create videos with in-stream ads
You can also earn money on Facebook when you upload videos. The most effective and easy way of earning via videos is including in-stream ads to those videos. This method will allow you to earn substantial amount of money without disrupting the viewing experience.
In-stream ads will be paying you the earnings on the 21st day of every month. The money paid will be from the previous month revenue. Their minimum payment threshold is $100.
Offer paid social media management services
You can also make money on Facebook through social media management services. If you are interested in providing that service. You can market yourself via your Facebook page. Additionally, you can indicate your expertise in analytics as well as content creation. This method will help you capitalize in your skills while monetizing when you find a potential client. No doubt it’s one of the way on how to make money on Facebook.
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Create a Facebook shop
You can also make money on Facebook by creating a shop. All you need to access Facebook marketplace. Thereafter, you’ll tap “create new listings” option. You’ll then follow some of their steps which are easy to navigate and they’re self explanatory. It is an easy to use platform to allow you sell on Facebook marketplace. In addition to that, Facebook marketplace doesn’t have any specific requirements or qualifications for one to be a seller.
Accept Facebook stars
Facebook stars allow you to get support from the users. The users will financially support your content via text posts, videos, or during live streams. In case you receive a star, meta will pay you about 1€ in every star.
This is a direct and great way for audiences to support your content. The requirements for Facebook stars are, age 18 and above, at least 500 followers, and the account should have a minimum of 30 days old.
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Sell digital downloadable products
Facebook is a solid platform that can help you sell your digital products. This platform has a high number of users across the globe. Some of the downloadable products you can sell on Facebook are eBooks, premium content, downloadable templates, guides, and more. Apparently, these digital products have no additional cost like shipping and inventory. Therefore, you will get maximum profit possible.
Offer social media marketing service for a company
You can also partner with a company to earn money on your Facebook account. You will require a good number of followers and engagements when using this method. The other name of this method is affiliate marketing.
You will be given some commission when you make sales for a company through your Facebook page. In affiliate marketing, content creators are normally given links then they share on Facebook. You can earn when customers sign on the link, then buy goods or services of a particular company. To successful on affiliate marketing, you’ll need to promote products and services that are relevant with your content. It is a wonderful way to include in our list of how to make money on Facebook – 11 best and effective ways.
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Donation and crowdfunding
We had to include this topic in our ways on how to make money on Facebook. If your page focuses on a topic concerning an entire community while having a massive fan base. This can be one great way to make money via your Facebook page.
Some topics like sexual health, body health, life hacks, and more may have a broad and supportive followers. You can ask your followers to support your Facebook page through donations. Make sure to include a good reason to why you need their support. If you are influencial enough, you may receive as many donations as possible.
Sell your services
This is also a great way to include in our topic how to make money on Facebook -11 best and effective ways. A good number of individuals have the idea of selling physical products on the Facebook marketplace. However, you can also sell some of the services that you offer.
You can use that Facebook page to promote your services by directing potential customers to your website. For instance, if you are a photographer, graphic designer, copywriter, teacher, or you are offering any other services. You can use Facebook to promote the services you are offering. Make sure that you create some luring posts to make your followers gain interest.
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A photographer may post about special sales, discounts, an upcoming event, and other related topics. You should also make it easier for potential customers to find you. Things like your contact information or website links may be included.
Make sure that your Facebook page is reaching a vast number of individuals. You may ask your friends and family to share it, or paid Facebook ads are also a great way to expand your business.
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