Published:
07/05/2012 11:39pm
Monetizing Your Social Network
Monetizing your social network
Social networks have become hugely popular over the last 5 years, with Facebook the largest and most successful on the planet. With so many users online, Facebook has become a great opportunity to make money. But how do you make money on Facebook? In this brief guide we will explore five different ways to monetize your favourite social network. We will explore how easy it can be to make money using simple methods and how you can expand your business opportunities.
Top 5 methods used to make money on Facebook
1) Have a Facebook Yard Sale - If you are tired of eBay and other classified websites then why not make money selling your unwanted items? Facebook has a built-in Marketplace tool which is simple and free. Garage Sale is also a great Facebook Application that allows you to sell your unwanted items on Facebook. Similar to Craigslist, you can list many unwanted items and there are other alternatives. If you don’t want to use an App, you can always just update your status with photos and prices of your old items. You can also ask your friends and family to share your posts with their Facebook friends too. With most of your potential customers likely located nearby, you can be confident of lots of sales.
2) CafePress - CafePress is a printing store that allows you to print any image you want on a range of products including T-shirts, posters and personalised gifts. But how can you use this to make money on Facebook? The company has a Facebook app that allows you to run your own store 3rd party store on Facebook. You can easily set up your own store and use this to promote on Fan related Facebook pages. For example, you could use a Justin Bieber picture to provide a selection of Justin T-shirts and other products. For each product sold, you will earn a portion of the profit. This can be a fun way to make money on Facebook.
3) Post links to your blog - You can create a free blog with Google’s Blogger tools and then monetize this content with Google AdSense which pays each time a visitor clicks an advert. Write daily content and then post the new link each day on Facebook, encouraging users to click through to read your daily blog post. The more you engage with your readers, the more traffic and revenue you will receive. This is a great way to learn how to make money on Facebook. Just be careful that you don’t spam people and never ask people to click your ads or you will get in trouble with Google.
4) Sell your photos on Facebook - If you have a good digital camera then why not start selling your photos to make money on Facebook. People love quality photography and Facebook has the best online photo album tools available. Why not visit your local City at twilight to capture amazing shots of famous buildings at dusk or head down to your local Zoo and get some amazing close up shots of the cute animals. You can watermark each shot and then advertise your full resolution images with their prices attached. Ask for payment via PayPal and email the images as attachments. This can be a charming way to make money from your content.
5) Use Adsmod and get paid to share offers - People love sharing offers on Facebook, but how can you use this fun method to make money? Adsmod is the first of its kind paid offer sharing service and is the best way to make money on Facebook. Adsmod.com allows you to generate money from advertising local offers in your area on Facebook. But how does it work? Adsmod works with local businesses to share their recent offers. When you sign up as a publisher, you’re provided with a great platform of tools and revenue sharing details. You then simply share these local business offers with your Facebook friends by posting simple status updates. The more friends that engage with your adverts, the more revenue you can generate. This is a fantastic way to make money on Facebook and your friends will love the content you are sharing which is local and relevant. Adsmod is free to sign up and easy to learn. Without doubt, Adsmod is the easiest and most enjo
