Are you wondering how to earn money on Facebook, $500 every day? Yes! you can. Facebook is the fourth most popular site in the world after Google and YouTube.
As a result, the platform allows you to tap into its over two billion users. Furthermore, Facebook has a global audience, giving you a larger reach.
. The majority of people use Facebook to interact, communicate, and keep in touch with their friends and family.
Also, a lot of people are also making $1000’s on Facebook every day, and if you’re struggling to make $500 in a single day. Then you’ll need to reconsider your Facebook strategy.
Many beginners are using Facebook strategies in the wrong way. They are either learning such strategies from Fake Guru’s (or) they are just not getting the process.
In this article, I will talk about, how to earn money on Facebook $500 every day and how to start affiliate marketing and how to promote products on Facebook, both free and paid methods.
1. How to Start Affiliate Marketing On Facebook
Affiliate marketing helps you make commissions by sending your referrals to an affiliate offer. The four key elements to start doing affiliate marketing are:-
There are multiple niches to choose from for affiliate marketing. Affiliate marketing is said to grow by 8.2 billion by 2022. Thus hundreds of niche products are being sold every day using affiliate marketing. It is easy to become an affiliate and start selling products in any niche
To find a good niche for affiliate marketing on Facebook. Use Keywords tools (or) just use Google and Facebook to do the research. The most profitable niches for affiliate marketing according to me are:-
- Online Marketing
- Health & Fitness
- Love & Relationships
- Pet Products
You can choose any of the above niches that you like. You can search for the products within your interesting topics and look on Facebook who is promoting such products. If many people are promoting products on Facebook in your niche, then it’s an opportunity for you to sell those products too.
After selecting your niche, the important part is to find the best-selling products in your niche and become an affiliate for them. You can either choose to promote any physical product (or) digital product available in your niche.
You can find the best affiliate products in your niche by signing up in any of these marketplaces:-
- Amazon Associates
Once you’ve signed up for any of the above marketplaces, find products in your niche and research how the products are performing in terms of no-of sales, refund rate, conversion rate, and, most importantly, check if your product is on the top-selling list.
If a product is selling well in the market and has low refund rates. Then, it makes it easier for you to sell such products as a beginner
Note: Selling digital products is a good choice if you’re looking for high commissions. Typically most of the digital products give you commissions of 40–70% for each sale to make.
Building sales funnels and generating income is the most effective way to promote any product on Facebook. In general, sales funnel is a process where you implement a series of steps to convert your traffic into customers. The most essential steps to build a sales funnel are:-
- Creating a Landing/Squeeze Page
- Having an Email Autoresponder
Landing Page is the starting step in creating sales funnels. The purpose of a landing page is to collect people’s emails. After collecting their email IDs, people will be redirected to the affiliate product that you’re promoting and if they don’t buy your affiliate product at the first glance. You can re-target them via your emails.
To build a landing page, you need to have funnel builder software. There is much software available like ClickFunnel alternatives. Where you can purchase a funnel builder within your budget and build professional landing pages. The sole purpose of building a landing page is to capture your visitor’s email and re-target them later.
You can easily build a lead capturing page (or) landing page from the software’s pre-made templates. Later you can connect it to an email autoresponder to collect emails and retarget your leads with a sequence of emails.
You can use a free autoresponder like Aweber, which gives you free access to the first 500 subscribers and is good enough to promote your affiliate products.
2. How to Earn Money On the Facebook Page
You are probably already a fan of a page, and you’re wondering how to make money on the Facebook page.
The first step is to create a page around something you’re passionate about, for example, gardening or pets.
However, creating a page with a massive following is not a walk in the park. You can consider this a long term option.
Once you have enough followers, you can make money by posting sponsored content on the page. Landing such content is not hard once your page goes viral and there are many shares and comments.
The key to running a successful Facebook page is first to find the relevant audience. Then, ensure your cover photo is attractive, as this is what will draw people in.
A good Facebook page has a detailed “About” section. Avoid generalization and be as descriptive as possible but get to the point.
3. Sell In-Demand Products On Facebook MarketPlace
Facebook offers a marketplace for free to all its members to sell goods, services, or deals. As of 2019, 800 million people were using Facebook monthly.
When you want to sell something on the marketplace, please take a photo of the item and post it. Make sure your post is public. Those in and out of the marketplace can see a public listing.
The trick to ensuring your items are flying off the shelf is to make your description as detailed as possible. For instance, say how long you have used an item, its color, and its origin.
Buyers can search items on the marketplace based on factors such as location and posting time and message you if interested. However, Facebook does not facilitate payment, and you have to plan for the delivery yourself.
Because Facebook doesn’t have a built-in payment system, you can use other methods like PayPal.
Remember to mark a sold item once it’s off the shelves to avoid confusing buyers.
Also, have a call-to-action button, for example, “sign up”. If you have linked your page to your website, this is an excellent way to drive traffic.
Once the page is up, post relevant content regularly. Remember not to overdo it. The key is to get the right frequency. Using a social media calendar can help you plan better.
Take advantage of tools such as one on the Facebook interface to schedule your posts to avoid being overwhelmed or missing out on a post.
Apart from sponsored content, you can sell your products on your page.
Finally, comment, comment, and comment on your readers’ posts.
4. Free Traffic Method — Join Facebook Group
Before talking about this free traffic method, I want to clarify that using free traffic sources won’t get you results in one day (or) one week (or) one month. You’ve to understand that the free traffic is harder to sell especially if you’re a newbie. It’s gonna take some time to build your email list and convert your leads into buying your affiliate products
The advantage of using free traffic is that you don’t need to spend a lot of money. But you do need to invest your time to get the results
You can search for the groups within your niche on Facebook and join groups with a large no. of following. Because the bigger the following of the group the more people you’re gonna reach with your posts.
The two main reasons to join Facebook groups for making money are:-
- Connecting with the people who are in your niche
- Easy to pitch your offer and convert your leads
Once you have joined multiple Facebook groups, you should initially connect with the people inside these groups. You can start posting valuable and informational posts within your groups. These posts should be relevant and should have something for people to engage
The best way to get engagement with your posts is to give a free informational and resourceful guide for the people in your niche.
In the ebook, you can share some useful tips, tricks, and offers that will help people who are in your Facebook groups. Offering an ebook (or) something for free on your landing pages will help you increase your lead conversions
Example: If you’re promoting a diet plan as your affiliate product. You can create a free ebook that shares about ‘2 diet plans which will help you maintain your protein levels. Share information that is relevant to your offer and helpful for the people in your group
Another great way to connect with people inside the groups is by interacting with them. Many people join Facebook groups to find an answer to their problems. If you spend enough time in your groups. You can find such people who can be a potential lead for you to make a sale. You can easily connect with them since you both are in the same group
There are two ways to interact with people and pitch your offer:-
There will be people who are leaving comments on posts and are asking questions in each group. You can start interacting with such people If someone is commenting on your posts. Either they are interested in your post (or), they want to ask something.
Initially, you can start replying to the comments on your posts, and later you can reply to the comments on other people’s posts. Your comment needs to be valuable and shouldn’t sound like someone who is trying to pitch something.
After replying to multiple comments, you can send these people a friend request and add them as your friends on your Facebook.
Start Messaging Your Potential Leads:
You can message directly to the people whom you know. But sending messages to someone who isn’t on your friend’s list will make your message drop into their message requests and it’s most likely that your messages will not be read by them.
Since we want people to read our message, it’s important to add them as your friend on Facebook. Once someone is on your friend’s list, you can directly message them, and the messages will go into their inboxes.
Try to add as many people as you want from your Facebook groups. Since these people will know you and are most likely to be your potential lead. You can pitch them your free ebook (or) your free resource by sending them a message. These people are going to sign up on your landing page and become your lead.
Once a person joins your email list. You can send emails to them with your affiliate products mentioned in them.
5. Leverage On Facebook Groups
Most Facebook users are members of one group or the other. From weight loss to seller groups, you can make $500 a day by selling items to these group members.
The beauty of joining such a group is that most have a common goal, making it easier for you to get your target market.
Alternatively, if you are the kind who easily draws crowds, create your group. Owning a group requires you to popularize it and grow its membership to reap from it.
You can earn money as the group’s admin or through sponsored content.
You can do this by sharing the links in your group posts or comments. Group members might also reshare your links. High traffic can result in a bigger audience, converted into sales for your website or channel.
6. Become Facebook Influencer
To crack this niche of influencer marketing on Facebook, you must have a massive number of followers. Building such a following requires you to post high-quality content that draws in crowds.
Companies looking for influencers check your reach and engagement rate to determine whether you’re a good fit for their business.
You have a higher chance of succeeding if you master a specific niche, for example, automobiles or fashion.
As an influencer, you can get money through sponsorships or sponsored content. Companies will pay you for posting their product or content.
7. How to Earn Money on Facebook Videos
Does Facebook pay you for views?
Although Facebook doesn’t split the revenue with video creators, you can still indirectly make money from the platform.
How? The first way is by placing a video on Facebook that has sponsored content. In this way, you can earn money through the content you help advertise.
You can also monetize videos by having ads in some videos.
However, Facebook has criteria for those seeking to earn from videos. One is that you should always publish three-minute videos.
The videos must:
- Be published on a page, not profile
- Be published on a page with at least 10,000 followers
- Have 30,000 one-minute views
8. Sell Facebook Likes, Shares, And Comments
How do you earn money on Facebook by clicking ‘like’? Although this method remains controversial, it’s still one way to earn $500 a day on Facebook.
The controversy arises because people don’t see businesses that buy likes, comments, and shares as having genuinely built their brand.
To earn from this strategy, an individual, brand, or company hires you to get more people to like their page. So, as a seller, you get Facebookers together to like the page or share its posts or comment on them to grow the audience.
Several sellers also advertise likes, comments, and shares on Fiverr if you want to buy this for your business. More likes, comments, and shares increase your business visibility and, in turn, can lead to more sales.
Alternatively, you can also buy from cheap sources and resell them at a higher price to profit.
How Much Can You Get Paid from Facebook?
The amount of money you can make from Facebook depends on a variety of factors.
For instance, you can get paid to drive traffic to a client’s website.
Therefore, you can agree with a company to pay you $8 for every set of 1,000 likes. The company pays you to post links or images on your Facebook that go back to their site. That’s how to earn money from Facebook page likes.
The good news is that the client provides the highly-engaging content, and it only takes you a few minutes to post on your Facebook.
If you’re selling items on the Facebook marketplace, the amount of money you make depends on the product’s cost and the number of sales.
Further, should you choose the Facebook page or group route, you can earn as much as the client is willing to pay for sponsored content, ads, and clicks.