Facebook is the largest social media platform in the world now. It’s also one of the online apps you can use to make $100 a day no matter who you are.
Making $100 on Facebook can be possible only if you follow the below steps to help you increase your income or start a side hustle.
If you are only using Facebook to message friends and have fun, take note that you can also use it to make passive income online.
How To Earn Money On Facebook in 2021
These are few tips on how one can make money on Facebook in 2021
Sell On Facebook.
Everyone can sell on Facebook, there are no special requirements to sell on Facebook.
In general, you can sell anything on Facebook except these few things; alcohol, animals, firearms, money gambling products, tobacco, illicit drugs, and certain health care products.
To be able to reach more potential customers, you would have to join ‘local buy and sell groups, create posts for the product(s) or service(s) you are offering with beautiful images.
It is also advisable to avoid spamming, make sure you are sharing your post to groups that are in line with your niche.
That is, if you are selling say automobiles, do not share your post to a group specified for ‘Music promotions’ else some admins would block or restrict you from posting to their groups.
You can also create your own group on Facebook
You can also create a Facebook page and brand it for your business, do consistent posts, and use Facebook-sponsored ads to reach more potential customers.
Make sure you add the necessary details to the page so that customers can trust your business and reach you when necessary.
Basic details like phone number, email, address, etc. must be added to a business page.
In creating the Facebook ad, there are three basic things to consider;
- Objectives (What is the purpose of the post? Do you want to interact with the audience or to make sales / leads?)
- Audience (Is your post targeting a specific audience or not)
- Budget (How much are you spending on your post and for how many days are you running the campaign?)
Earn referral bonuses
You can make money on Facebook through refer-a-friend campaigns which are run by many companies around the world.
Some companies pay in diverse ways for referring a friend to their platforms. Companies like Rakuten, Uber, bolt, and many others pay referral bonuses.
Once you share your referral link to your friends on Facebook and various social media platforms, you make some cash once any of them sign up.
Become a social media manager
There are diverse ways to make money online, specifically on various social media platforms. You can get paid to handle corporate social media accounts. As a social media manager, your responsibilities may include the following;
- Building the audience size for a company.
- Scheduling social media posts.
- Create graphics for social media
- Interact with followers, reply emails and respond to comments.
- Create ads and monitor ad campaign metrics
You would likely be working on Instagram, Twitter, and Pinterest as a social media manager, so try to familiarize yourself with it.