Facebook is the biggest social networking platform with 1.8 billion daily users. The number of users has just grown in leaps and bounds over the past ten years and does not show any sign of slowing down either. This widespread popularity of Facebook makes it the best digital platform to be known through a simple Facebook page and earn money in various ways like selling products, collaborating with brands, helping in advertising for companies, and many such other activities which it profitable platform. A Facebook account gives the opportunity to create Fan page, Groups, a Business Page, Marketplace for one to choose from according to their need. Moreover, features like Monetization of the Facebook page, Brands Collabs Manager, Paid subscriptions to help in the furtherance of ease of advertising, and getting a hefty return through planned strategies. The following are the best ways to earn money from Facebook: –
1.Collaboration with brands: A user can popularize oneself and his activities by posting regular content, posts, videos on the Facebook page, and in the process grab the eyeballs of a dedicated number of audiences in the form of followers. It is important to create such content or posts which has a niche audience to help grow a follower base faster. Brands and businesses are always on the lookout for such users with a good number of followers to collaborate with them for the promotion of products and services. From small-time users to social network ‘influencers‘, everyone has a good chance at profit-making through these collaborations.
2.Afilliate Marketing: This is mostly used by e-commerce platforms like Amazon, Flipkart, TataClique, and many others to make their product and services visible to people and do good business when they buy or avail the services through the affiliate marketing links. This process requires a Facebook user platform to put the affiliate marketing links on their page. Every transaction or number of clicks that take place through the user page makes him earn money from the affiliate marketers for the brands and businesses.
3.Advertorials: A Facebook user can agree to put an advertisement for companies and brands on their page and earn for being a good platform for advertising. The Facebook videos allow in-stream ads to be featured and this can be used to generate income through content posting on Facebook.
4.Facebook Marketplace: This is a perfect business platform for users looking to sell their products and make them visible to a large number of people at a time. Anyone can create a page on Marketplace and list their products with details and prices for giving easy access to prospective buyers. The transaction process is easy and helps generate profit. The lack of hassles of setting up a shop and the immense reachability potential makes Facebook Marketplace a favorite amongst business startups and small-scale business owners.
5.Creating an App: This is a hugely profitable venture with a little bit of technicality attached to it. One can develop an app like Quiz apps, Personality Test apps, Gaming apps which are immensely popular on Facebook, and advertise it on the platform to launch and grow the user base of the app. This is a highly profit-making venture.