Did you know that you can do more on Facebook than update your status and look at pictures? You can actually earn significant amounts of money on Facebook with little to know effort needed.
The most straightforward way to earn money on Facebook is to utilize a few built in apps. The first app that you should know about is CafePress. CafePress allows you to sell homemade T shirts, buttons mugs and more. Now with the CafePress app, you can link what you are trying to sell to your Facebook page so your friends can see it too. Another good app to have on your page is the Ebay app. Now you can display what you are trying to sell on Ebay directly on your Facebook page. Obviously, the effectiveness of these two apps depends on how many friends you have linked to your page.
Another option for the more programming included among you is to develop apps and sell them on Facebook. While this may be more of a hit and miss opportunity, you can potentially earn thousands of dollars if you develop a popular app.
The most popular way undoubtedly to earn money on Facebook is through advertising and affiliate marketing. No doubt you have seen the advertisements on the side of Facebook’s website when visiting your friends profiles. These advertisements are paid for by other users. Most of them are PPC - pay per click - meaning you only pay when somebody actually clicks on your ad. Now you might be thinking “Why would I spend money when I am trying to make money?” Well, the old saying “You need money to make money” holds true for this situation. You can advertise on Facebook for as little as $5. Many people choose to advertise their personal website to help drive traffic to it.
Besides advertising on Facebook, many people choose to do affiliate marketing. Basically, this means that you link to anther person’s ad, and in return they will link to yours. You can implements these simple text based ads right on your Facebook page. Eventually, your ad might be on as many as 10,000 pages being viewed by millions each day. Obviously, this method depends on how much effort you put into it and how many people are willing to show your ad.
The next time you are on Facebook and pondering how you can earn a few extra dollars, remember the ideas that you learned here and put them to good use.
