Digitalization has provided the world with an opportunity to communicate with anyone from anywhere, just with a few clicks on their smart devices. The introduction of ecommerce accompanied digitalization into the internet segment where a user can sell or purchase via online platforms.
With ecommerce spreading like wildfire across nations, people started making use of social media platforms like Facebook, Instagram, etc. to sell their products directly to the customer. In this article, we’ll be talking about 14 smart and free ways on how to earn money from Facebook.
How to Earn Money From Facebook – 14 Ways
Here are 14 ways on how to earn money from Facebook using 14 free and smart methods:
1. Facebook Blogging
Blogging is not limited to just blogging for your website. You can also create a page on Facebook where you can start posting content according to your niche, linking essential data, pictures, etc. Once your Facebook blogs accumulate enough traffic, you start getting paid through Facebook ADs and collaborations.
Average Earnings: $150 to $8,000 per month (depends on following) (1)
2. Social Media Influencer
Social media influencer, a widely used term now, came into existence during the early 20th century with the continuously rising use of social media by the users. Three key elements contribute to making someone a social media influencer, which is- Content, Continuity, Time. If you post regular high-quality content from your niche, posted with the right hashtags and right comprehensible techniques, you have higher chances of becoming a social media influencer with time.
Average Earning: $30,000 to $100,000+ (2)
3. Sell Products on Facebook Marketplace
The Facebook Marketplace is the Olx of social media where individuals or businesses can engage in C2C or B2C selling and buying activities. You can trade almost anything on Facebook Marketplace except illegal products like tobacco, alcohol, animals, drugs, gambling products, and more.
Average Earnings: No Limit
4. Affiliate Marketing
Affiliate marketing can work great for you if you hold a large Facebook following or a decent following on your Facebook page. As an affiliate marketer on Facebook, you need to market products or services of another business on your page with your following. In addition to being paid for marketing the product, some companies also pay you when someone visits their site or buys a product from your page.
Average Earnings: $1,000 to $7,000 per month (3)
5. Referral Marketing
Referral marketing refers to marketing a product via referrals amongst your followers and friends, where both the individuals promote a brand or a product in return for rewards. Being at the top of the triangle in the referral triangle not only serves you by giving you extra incentives but only also helps you build a trustful audience base for future prospects.
6. Facebook Promotions
As a Facebook promotor, new businesses or established companies from your page niche pay you heavy amounts to promote their brand or product via your page through videos, images, and posts. Facebook promotions not only pay you hefty amounts but also gives you a chance to try the new products to be launched in the market before anyone else.
Average Earnings: $100 to $10,000+
7. Earn from Facebook Ads
Facebook Ads are available for users and business across the social media platform for the different price range that varies according to the target audience and the reach of the advertisement. As an individual entity, you can offer ad posting services for businesses who wish to remain anonymous. You can charge hefty amounts from businesses once your ad posting business kicks off.
8. Facebook Account Management/ Social Media Manager
A Facebook account manager can be referred to as a social media manager who is responsible for posting timely engaging content on the Facebook account as well as replying to messages received in the inbox accordingly. Social Media Managers are in very high demand due to the high usage of social media by users across the world. Various conglomerates have switched their marketing strategies and built them on the ground of creating engaging content for the audience and posting it via social media.
Average Earning: $40k to $97k per year (4)
9. Facebook Group
Be part of the Facebook (5) groups where gigs are posted, and individuals are paid for performing micro tasks for companies. You can either join a group or form a group on Facebook where you can either sell/buy products, post sponsored content, get paid for completing surveys, affiliate marketing, and more.
10. Refer a Friend Bonus
Multiple companies offer refer-a-friend bonuses for individuals wanting to earn some extra cash through Facebook. The process of earning from a refer-a-friend is easy. You need to send a referral link to your friend, and once the other person uses your link, you get a bonus, as well as your friend.
11. Facebook Competitions
Many companies on Facebook organize competitions for users who can claim the cash prize by following the instruction given on the post. Usually, the winner of the contest is selected on a random basis. However, Facebook competitions occur after a specified time interval and can only be considered as a bonus on your regular monthly income cheques.
12. Facebook Jobs
Facebook has expanded its platform to become a one-stop-shop for buyers and sellers who can expand their business using the social media platform while simultaneously serving its basic purpose of being social media for others. You can also find jobs posted by the recruiters on job posing groups on Facebook and find the right type of job for you instantly.
Note: Ensure and crosscheck if the jobs being posted on Facebook are being posted by verified recruiters to stay away from fraud.
13. Find Bugs & Security Flaws on Facebook
Multiple websites, like Facebook, are on a constant hunt for making their websites better and safer for its users. If you’re a programmer and can detect the coding flaws that are harming a website’s security and making it prone to being hacked, you can get paid for pointing out the flaws in the website.
14. Facebook Content Writing
Similar to Facebook blogging, you can start earning extra income by writing content for Facebook pages and accounts. As a Facebook content writer, you’ll be responsible for writing content for other pages, which includes blog posts, photo captions, video captions, and more.
Overall, Facebook can be considered as a great source of income for individuals. However, if you want to earn higher amounts through Facebook, consider treating it as a business. Through pages with highly dense traffic and great engagement, you can easily earn hefty sums of money for sponsored content, promotions, affiliate marketing, and much more.