3 Smart Ideas on How to Make Money on Facebook in 2019

3 Smart Ideas on How to Make Money on Facebook in 2019

Do you know anyone who does not check Facebook at least every day?  Maybe there are some out there, but Facebook has literally billions of people checking their Facebook page on a regular basis.  It has changed the way the world looks for news, weather, friends, family and many other areas of our lives.

Truth be told, if you own a business or provide a service, you can reach a lot of people and potential customers by just posting about it on Facebook.  It maybe hard to believe, but some businesses use Facebook as their sole means of selling products, goods or services.  Let’s take a look at a few.

Facebook Marketplace

Arguably, this maybe one of the easiest ways to run a business or make money on Facebook.  You can sell crafts, for instance, on a special site designed for crafts. Many municipalities have created a buy/sell section so that you can find them easily.  You can also search by local, product type or name, and by the type of item you sell. This makes it super simple for people around you to find new, used or handmade items you may offer.

As with all things, there are inside tips and tricks to make your business or items stand out.  Here are a few ideas.

  • Include a clear picture of the item you are selling
  • Provide relevant information like model number, and honest review of the condition of the item if it is used, etc.
  • Make sure the price is right.  Check out similar items that are posted for sale on other sites, such as Craigslist or Ebay.
  • Negotiation with prospects can be expected.  Of course, everyone wants the best deal, but if you think the price, they are offering is too low, then you can refuse to sell.

While you may not make a million or a full-time business out of selling items on Marketplace, it is a good way to make extra cash.

Finding Leads for Products on Facebook

If you have a product to sell, such a vitamin supplements for instance, Facebook is a good place to get the word out about it.  Using a Facebook Page is a good way to find those potential buyers or for them to find you.

Here are some things that you may want to consider when making your page:

  • Engaging content.  Pictures, personal stories, etc.
  • Sign up for newsletters or updates, special offers
  • Give them an incentive, like signing up for a free eBook or special report about your product.
  • Opt-in form for emails

When setting up your page, be sure to check out similar pages for like products.  Post on these pages, which can bring more people to your page. Once people start signing up for emails, you can continue to send them offers and other useful content.

Post links that will take the viewer to blog posts or other content on your website.  You can offer specials or other incentives when they join your email list. This seems to work well while making advertising less expensive and cost effective.

Facebook Ads

Do you really have to “spend money to make money”?  If you’re running ads on Facebook, the answer is yes.  Those banners and sponsored things which show up in your news feed does cost someone something.

Cookies, (Not the baked kind) follow you as you surf the net and Facebook.  That’s why when you search for something it’s likely to show up in a banner or sidebar when you log onto Facebook.  That could be great news for you if you want to get your ads out for people to see.

Keep in mind that these ads can cost a pretty penny and its way too easy to overspend by just a click of the mouse.  Before signing up, keep these things in mind:

  • Do you have an established business?
  • Are your systems all in a row?
  • Do you have cash in reserve?  It may take some time to find the right combination of copy and offers that work.

There is a method called “Boosting Posts”.  This involves upgrading a post of yours that is working, but it also calls for more money to be invested in your ads.  Once you find a post that works, investing in it may help boost your sales as well.

Categories: Technology

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