If you are reading this article it is because you have surely heard about the possibility of making money with Facebook. This social network with an incredible global reach that with the right strategies may be able to boost your business or simply help you earn income.
And it seems that making money with Facebook is an impossible task. However, the truth is that anyone can turn their traffic into a source of income.
Now the question is: How can I make money on Facebook? What should I do?
There are different ways to make money on Facebook and these are mostly based on content monetization. However, this does not stop there, since you can earn money by creating entertainment publications or recommending products of a certain brand. As?
Here we talk about 11 ways in which Facebook can become one of your sources of money.
How much can Facebook pay?
This social network has various ways to earn money. Therefore, each of them has a different payment possibility. However, we know that Facebook allows Pages to monetize after 1,000 followers.
Of course, this is if the page complies with the Community Standards. As well as with all Facebook Policies that have to do with monetization and platform partners.
For example, if you want to earn money by collaborating with brands, you will be faced with the possibility of payment of between $5 and $10 per 1,000 followers. Those with a million followers or more will have the chance to win up to $100,000 per post.
Whereas, if you plan to use views, you could get between $0.2 and $3 per 1,000 views.
What is certain is that Facebook’s minimum payout is $100. Therefore, if in the month you earn less than that with any of the ways you use, Facebook will not allow you to withdraw it. Instead, it will add it to the next month’s earnings until you have a total minimum of $100.
What is Facebook’s payment method?
Facebook does not have a direct payment method or a specific rewards program. Rather, it uses payment intermediaries like platforms like PayPal. However, it is also capable of making bank transfers.
This only if your bank is capable of accepting the payment in US dollars, otherwise you will have to find an intermediary bank. Which will be in charge of receiving the payment, transforming it into your local currency and sending it to your main bank account.
11 ways to earn income with Facebook
Facebook has an incredible reach, with around 2.96 billion active users. Just by seeing the number of people who come to this great social network, we realize the immense opportunities it offers us.
So let’s look at 11 ways you could start earning money with Facebook.
1. Affiliate Marketing
Affiliate marketing is a strategy that never goes out of style because of its incredible adaptability. Well, it doesn’t seem to matter what sector you work in, it always turns out to be quite useful.
In this case, this form works when collaborating with certain companies or brands. If you have the right number of followers, you can start promoting products and/or services.
Of course, this will pay off if you have followers who are truly loyal and willing to consume what you recommend.
For this there is also the possibility that you join affiliate programs such as those offered by Amazon. Where a link is provided to you and your followers can buy the products through that URL address. If they make the purchase, it will automatically register that it was made through your link and you can receive a percentage for that.
If you intend to try this way, make sure you comply with Facebook’s Ad Policies and Guidelines. Since, when promoting a certain product, you will be doing a kind of advertising.
2. Use Facebook traffic for a monetized Blog
This option works when the blog or page that traffic is being redirected to is set to CPC, CPA, or CPM options.
And what do these acronyms mean?
- CPC stands for Cost Per Click. It refers to the number of clicks the ad receives.
- CPA stands for Cost Per Action. It refers to the actions carried out by customers, this can be a registration, a purchase, a specific task, among others.
- CPM stands for Cost Per Thousand Impressions. It has to do with the number of times a certain ad is shown.
3. Post Brand Ads
One of the main ways to monetize with Facebook is through ads.
For this, it is necessary that you have an account that complies with all Facebook policies.
Mainly the advertising rules, as Facebook takes them very seriously and you don’t want to get penalized or even disabled.
You must create the ad of your choice and add the links of the advertising brands.
For this, make sure you have segmented your audience in a timely manner.
This with the intention that the ad can reach those who might really be interested in the promoted product and/or service.
A big advantage of ads is that they can be fully monitored. P
Therefore, you will be able to see firsthand if this strategy is fulfilling its purpose or if it is time to change it.
4. Use Facebook Ads to create ads
While that’s not a direct way to earn income, it’s an amazing tool for getting more reach.
Remember that the more presence you have on this social network, the more possibilities you will have to earn income.
In addition, Facebook Ads is focused on the promotion of products and/or services.
Therefore, these publications have the ability to reach people willing to give their money in exchange for purchasing the products.
5. Create content about trends or viral articles
If you want to make money with Facebook, making your page go viral is a key step.
For this you can choose between the following options to have a greater reach within this community:
- Create attractive and quite visual content
- Create emotional and interesting content
- Create content with short and concise solutions to certain problems
- Create content that encourages participation
- Create content that is trending in your style
- Create content in which you give your opinion on articles that have gone viral or have become popular
Unfortunately there is no magical way to be a trend on social networks.
However, if you create interesting content, you can get a greater reach and increase the chances of making Facebook a source of income.
6. Offer and promote your products and/or services
If you already have a page with a good number of followers, you can get the most out of this way of making money with Facebook. Especially if you consider that you have loyal followers who are willing to buy your products.
In this way, you can offer them your products directly and they will consume them without any problem.
Another way can also be to publish your products in the Marketplace. Or else, use the buying and selling groups that are created on Facebook on a regular basis.
7. Create videos for Facebook
Creating videos for Facebook is also a way to earn money. You will earn for every 1,000 reproductions.
Therefore, your earnings will depend on the reproductions that your videos reach.
On the other hand, you can also monetize through in-stream ads.
For that, you must meet certain requirements such as having around 10,000 followers or more.
8. Collaborate directly with companies or brands
Collaborations with brands are quite productive. Since, they are in charge of carrying out campaigns frequently with pages, influencers and micro-influencers that have a positive impact on their target audience.
Generally, these types of collaborations are based on affiliate marketing for profit. However, brands may ask you to complete different tasks to earn money.
Tasks such as recording videos using your products or generating content where you give tips for the use of these.
9. Use subscription tools
Facebook has tools or resources so that followers can support their pages or influencers.
These tools allow you to earn income on a regular basis directly from your followers. Since, they are the ones in charge of paying subscriptions to acquire resources such as exclusive discounts, special promotions, rewards, badges, among others.
10. Create lives (live videos)
Another way to earn money with Facebook is to monetize live videos. This happens when in your lives, you manage to receive stars from your viewers.
It is a way of giving you their support. And the best? These stars can be exchanged for real money.
However, you will need to receive about 1000 stars in order to receive at least $100. And these you can receive 30 days later. That is, if you got 1000 stars by February 5, you can get your $100 on March 5.
11. Include ads in your videos
Ads are still the main way to monetize your content.
This time it is about adding a kind of commercial breaks to your videos. These short ads will help you earn money.
What are the requirements to monetize Facebook?
Facebook imposes as requirements some of the following aspects to be able to monetize:
- Comply with quality standards
- Comply with community and advertising standards
- Reside in a country where the option to monetize is available
- Comply with the content monetization policies that are required of you
- Comply with the payment terms
- Among others
What content is not allowed on Facebook?
Also, Facebook is pretty careful about the content it allows. Therefore, you should pay special attention to the content that is not allowed and make sure that your content does not involve any of the following characteristics:
- Violence
- criminal behavior
- hate speech
- Nakedness
- Violation of intellectual property rights
- Cruelty or insensitivity
- Content that harms minors
- Among others
Conclusion
Facebook is a very popular online platform, which many businesses and entrepreneurs use as a tool to reach a wider audience and promote their products or services. If you don’t have an account yet, it’s time to open one and put these ways into practice to start earning money.
