Wednesday 14 December 2011

How To Make Money With Facebook

If you always wanted to earn online income but didn’t know where to start, why not jump on the most popular social network site and take advantage of their ad serving platform?

Believe it or not, tens of thousand of people are using Facebook every day to chat with their friends and have fun… while others are making money at the same time.

Would you like to know how to cash-it on this social phenomenon?

Would $5… $50… or $150 in additional income make you happier? What would you do with the “new found” money?

Let’s make it happen, here are three quick steps:

Step #1

Once you have signed up to Facebook your first step should be to think about how you want to present yourself. You don’t want to fake it, just be yourself and showcase your skill, your hobby or knowledge – that is what makes money from Facebook.

Don’t forget that you want to attract the attention of a specific group of people here, so that you become known as someone who is something of an expert on one particular subject. So choose wisely!

Step #2

Go for a popular niche that you personally like and have an interest in. Develop your persona in that area. If you already have something of a web presence in a particular area then you’ll use that in your advantage because — it will help you as more and more people become aware of who you, your skill/knowledge and how this can help them.

Step #3

Your first port of call, if you have anything second hand to sell which is related to your niche, is the Marketplace. It’s free to place ads in the Marketplace and there is no limit on how many you can place.

EXAMPLE: you come across a bargain lot of books on your subject on eBay or at a yard sale you can list them all individually on Facebook and sell them on for a profit.

If you have a budget to spend on advertising and you have some external websites you want to promote, you can try out the Social Ads to see what benefits you get from them. It is well worth reading through the relevant help section to see what is involved though, as it is quite in depth.

FACEBOOK BEST ADVANTAGE:

The main benefit of becoming a Facebook member is that you can build and use any number of applications to perform certain tasks on your profile page.

The GREAT NEWS is that Facebook doesn’t frown at users making money from their Facebook page, and indeed many people link in to other websites outside of Facebook itself.

People are constantly building new applications and often they are used by many other users to create pages that appeal to their own particular needs.

This is partly why you will succeed in making more money from Facebook if you brand yourself carefully before you get started on the site.

BRANDING YOURSELF?

Figure out what it is you want to do and what you want to achieve. If you already have a website up and running then you will be able to link into that, so keep the look and feel of your Facebook page in the same vein as your site.

But while you can link to other sites outside of Facebook, some people also sprinkle some affiliate links on their actual Facebook page itself. For example, some quick research revealed one person who links into a range of ClickBank products on their page and does well from doing so.

So long as you start from a strong position with a particular focus and brand in mind, you can do well by experimenting with all the benefits that Facebook offers (and they’re growing).

Take time to build up a network of friends and make sure you become known for being an expert in your particular sphere of interest/niche.

Exposure is what you should aim for. The more people you make friends with and add to your network, the more money you should be generating. However, don’t make the mistake to go after “friends” for money.

Put people first, money will follow. It’s like in the real life, just a different medium, the same communication skills and principles apply though.

You should always sound, look and act real, don’t pretend to be someone else. People feel it nowadays more than ever.

How to Make Money with a Website

Making money with a website not only requires very little initial investment, but depending on what you want to focus on, it can be an extremely profitable venture as well. From affiliate marketing to blogging to actually selling your own products or even just running advertising on your site, even beginners with little to no experience can make money with a website if they just follow a few simple guidelines.

Building a website is also a lot easier than most people think. Gone are the days when you needed to understand html code, or be a design guru. There are now simple push button scripts available that let you get up and running with a professional looking website or blog in just minutes. There are also hundreds of great tutorials available online that will show you step by step how to make a website.

Affiliate marketing can be a great way to get started with making money online. With your own website, you can see where your audience is coming from and directly test new strategies to encourage new potential customers to come and buy a product that you’re marketing.

Affiliate marketing is when you market someone else’s product and receive a percentage of commissions in return for directing customers to another’s site. Depending on your niche, this can be quite lucrative. It will require some research to determine the best topics to work on, but regardless, it can be easy to leave links in your articles or even go so far as to have your own online store of goods you are affiliated with.

Blogging is another easy way to make money with a website, because once you’re established, that opens up many more opportunities to dip into other income streams. Given the propensity of other blogs out there today, it’s imperative to create a unique angle that will attract readers and eventually, advertisers. Top bloggers earn thousands per month from advertisers paying them to leave ads on their blogs for their millions of readers to potentially click on. Advertisers like this because they have a targeted audience already assembled for them; they just need a mechanism to get the traffic to their site.

You Can also build simple content based sites that offer visitors information about a particular subject they are search for. Then once you get the traffic coming to your site, you can monetize it by either promoting affiliate programs or by placing ads on your site. (just like the ads on this site) Then every time someone clicks on one of the ads on your site, you get a paid for it. Then you just have to work on producing good quality content which will attract more and more traffic. More Traffic = More Clicks = More Money.

Selling products through a website can also make you a healthy profit, because this gives you access to an entire network of internet users all over the world, not just customers who live in your area. Info-products are still making money, albeit not as much as they used to. But these are easy because they cost very little to make and it doesn’t take much effort to market them if your audience is there and possibly willing to purchase them.

Selling info-products means you are providing specialized information to a privileged group of people willing to pay for access to this information. This can be in the form of e-books, newsletters, or reports. All you need is a website, a quality product, and great advertising copy that will have customers lining up to buy.

Having your own website can be extremely helpful in boosting your other business ventures, such as freelance writing or consulting.

This is great in many ways because:

1. This means you are (hopefully) very knowledgeable about the services you provide and can offer great insight on them to your readers and
2. Writing articles on this subject matter can reel in not only loyal readers but potential clients as well. For example, if you are a small business consultant writing about marketing tactics, this could interest a business owner looking for further help with their own practice and encourage them to contact you in regards to further services. Offering free reading material is more valuable than most people realize, because it usually leads to actual paying customers.

Whichever way you choose to make money out of your website it’s easy to see why some of the most successful people and companies in the world are building their own websites.