Basing on a study done, subscribers use Facebook thirty four minutes everyday. Eighty one percent of Facebook users access it using their mobile phones. And one point seven percent of them access it on laptops or computers –omnicoreagency.
Facebook is a social networking service that allows users to connect with friends and family, share content, and discover new people and businesses.
Users can create a personal profile, add other users as friends, and exchange messages, including automatic notifications when they update their profile. In addition to connecting with people, Facebook also allows users to discover and join groups related to their interests, and to use the platform to access a variety of online services and apps.
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Making money on Facebook
Whereas you might be using Facebook as a means of connecting with friends and loved ones, keeping track of what is going on in your circle, having fun conversations, etc, there are people making money off Facebook as well.
You could be doing all those things you use Facebook for as well as earning some side income.
Ways of making money on Facebook
There are several ways you can make money on Facebook:
- Sell products or services: If you have a business or expertise in a particular area, you can use Facebook to promote your products or services and sell them directly to your followers. You can do this by setting up a Facebook page for your business and using it to share information about your products and services, as well as to interact with your customers and answer their questions.
- Become an affiliate marketer: You can also make money on Facebook by promoting other people’s products and earning a commission on each sale. This is called affiliate marketing. To do this, you’ll need to join an affiliate program and promote products on your Facebook page or through sponsored posts.
- Advertise: If you have a large following on Facebook, you can also make money by allowing businesses to advertise their products or services to your followers. You can do this through sponsored posts or by creating a Facebook page specifically for this purpose and charging businesses for access to your audience.
- Sell your own digital products: If you have expertise in a particular area, you can create digital products, such as ebooks, courses, or printables, and sell them directly to your followers on Facebook.
- Offer consulting or coaching services: If you have expertise in a particular area, you can offer consulting or coaching services to your followers on Facebook. You can do this by setting up a Facebook page specifically for this purpose and using it to connect with potential clients and schedule appointments.
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The YouTube video below offers more insight on making money from Facebook:
It’s important to note that making money on Facebook requires time, effort, and dedication. It’s not a get-rich-quick scheme, and it may take some trial and error to find the right approach for your business or personal brand.
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