How to make money online with Facebook

How to make money online with Facebook

Many of us already understand to some degree the importance of using social media as a key element of your business marketing; it’s great for search engine marketing, making your website highly findable and getting in front of your potential market. Facebook is, arguably the most successful social networking website to date, but can it be used to promote your business, increase awareness of what you do and, in short, make you more money?

Facebook is a tool any business can and should use to grow their fan club, sell more and stay connected to your target market. Even Dr. Mahathir Mohamad, the ex-Prime Minister of Malaysia has a Facebook account. In fact, some politician in Malaysia are also into Facebook so that they can interact with their followers.

The great news about Facebook is that the service is free unless you choose to participate in the paid ads. With over 100 million members you might find a few within your target market.

Facebook describes itself as a “social utility that connects people with friends (or lost friends), relatives and others who work, study and live around them. People use Facebook to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet.”

Let's look at the top 5 reasons you may want to move your business to Facebook and increase your profits.

Finding business contacts

Facebook allows you to connect with prospects, clients, competitors, potential partners and the gate keepers for your prospects. This tool allows you the opportunity to open up land et all of your contacts get to know you. Building relationships in a very non threatening fashion where people are open to your invitations to connect. A positive strategy is to accept all friend requests. Allow the growth to be viral through participating in conversations and offering help when you can.

Create expert status

Facebook is the perfect place to create visibility and become recognized as the expert in your field. A strategy that includes consistently showing up and providing relevant postings around your area of expertise. But this required you to commit your time to be active with your Facebook activity. Using group and fan pages can help with the visibility. Additionally, using the events function with Facebook will allow you to promote your business events and if you ask your fans to promote to their network, most will. Not only will you expand your reach it is a silent recommendation of your business to their connections.

Target marketing

Members of Facebook share demographics, psychographics, and technographics about themselves that in the past you would have paid a pretty penny for. Through mindful interactions with your target market you can determine where their problems are that you can help them solve. An incredible way to get real market feedback before spending a lot of money. With that said you can also use paid ads on Facebook that allow you to only market to your target market and promote your Facebook pages and/or your products and services.

Get yourself visible, get your blog seen

Just like Ecademy, the best way to get visibility is by being active in the community on a regular basis, so your network and your contacts see you regularly. And again, as with Ecademy, the difference that will make the difference is constantly adding value to the community, being open and honest, transparent and congruent in your presence. Recently, Facebook allow cross update between your Facebook status and Twitter. Meaning, if your post your status at Facebook, it will appeared on your Twitter dashboard. It's like killing two birds with one stone. Your status will be seen by one group of friends in Facebook circle and another group of friends in Twitter circle.

Search Engine Optimization

Facebook is indexed for the search engines. Pages are used for business profiles and should be shared with your fans. Profiles are for personal information. Both pages are indexed for SEO. As a side note Pages allow you to accumulate as many fans as you can and then you can send messages to all of your fans. Just think about the implications of the messaging services for your business. Facebook has an Alexa rating of 5 which means it is the 5th highest traffic website on the internet. Can you say SEO?

Anytime you expand your reach into your target market you can and should increase your profits. The key is to be consistent without coming across as spamming. If your intentions are always to help others that should not become an issue. Include Facebook into your daily or weekly marketing campaigns and as in any marketing strategy the more touches the quicker the results and profits.

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7 steps to earn money with Facebook

Step 1 - Setup your Business Facebook account. If you already have a Facebook account, you only need to select a business name. This will give you a separate profile to work with.

Step 2 - Add your profile information. dd your business logo or screenshot of your site for the image, include a URL back to your main site, and add any necessary information to distinguish your profile from the rest.

Step 3 - Add interests. Add interests that other Facebook users can find you with; think of keywords that apply to your business, site, blog or industry.

Step 4 - Add your RSS feed. You can enter an RSS feed to the "Notes" section. Click on "Applications" on the left hand side of the page and follow the steps to add an RSS link.

Step 5 - Sell items in the Marketplace. If you're already selling products on your website, add the same listings on the Marketplace section. You can also list items with your affiliate links here.

Step 6 - Increase traffic by linking to quality content. Create pages and notes on your Facebook account that link back to websites with a high Page Rank. Google and other search engines can increase your own PR after they crawl your Facebook profile and find your main website linked to it.

Step 7 - Network with groups and members daily. Maintain an active presence on Facebook so that people can identify with your business, blog or website and keep up with your notes and postings.

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5 ways to make money on Facebook (monetized Facebook application)

1. SELL. Develop applications solely for the purpose of selling them to interested parties. Several applications have already been acquired in this fashion; the most recent example is that of Mozes’ purchase of TextMe.

Actually, I think trying to make an applications is a bad idea ...

* There's too much false hype about applications - There’s a lot of people talking about getting rich with Facebook applications, but I would bet that 99% of those same people have never made their own application. Why not? Because...

* Applications are very expensive to build - I’m not a programming guru, and most likely you’re not either. So if either of us wanted to make an application, we would have to hire a programmer. Even programmers in India are not cheap. Trust me, I’ve seen prices quoted in the thousands, and that’s the low-end! And...

* Most applications fail miserably - You have to invest a lot of money up front and risk losing it all. Over 75% of applications started by ordinary people end up failing. The successful ones are usually developed by companies that have millions of dollars of funding already.

2. DEVELOP. An indirect source of funds: develop applications under contract for third parties. A number of companies have been posting contract jobs over at the Facebook’s developer forums. There exists a large gap in the supply and demand of available Facebook application developers; as a result, finding potential clients to charge reasonable rates should not be a hassle.

3. ADVERTISING. Use advertisements, cross-promotion schemes and affiliate marketing. It is not feasible to use Google Adsense for this since Facebook does not allow JavaScript embedding. Adsense may be embedded through iFrames, which despite being popular among Facebook developers, is against Google’s TOS. Affiliate marketing is a great alternative to advertisements; my own source of income on Facebook is generated through Amazon’s affiliate marketing.

4. MICROPAYMENTS. Sell services within Facebook through micro-payment transactions. PayPal payments made for accessing premium services could potentially yield reasonable income depending on the application’s purpose, size, and prospective users.

5. GET INVESTMENT. If you think you have something big on your hands and lack the funds to scale it, apply for investment through Bay Partners and others who have expressed interest in funding Facebook apps. This would be the likely course of action for a startup with plans to expand globally within and beyond Facebook.

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Facebook Has A Money-Making Opportunity That Few People Know About

Did you know ... of the over 70 million active Facebook users, less than 30,000 are using it to make money. That's less than .0005% of the entire Facebook population! *** Registered Facebook users is estimated to be about 100 million.

Is Facebook Suitable For Kids

IS Facebook Suitable For Kids?

For over 25 million youths or teenagers, Facebook is replacing email or IRC Chat as "the" way to communicate, and parents are often left in the dust and wondering is it safe? As a personal benchmark, I have two kids aged 8 and 11 years having Facebook account. And yes, they are active with their Facebook activities but primarily for playing online games offered as Facebook application. This lead to a more serious question. What age can kids safely have a Facebook page? Should they insist to be their "Friend" and monitor their endless chatter?

A child's brain reaches its full size at age six and the gray matter is actually the thickest around age 12. Remember how the world was full of possibilities at that age? Because it truly is. After this stage, the brain begins to prune back gray matter and the phrase "use it or lose it" becomes key as certain brain cells die forever. The skills your child learns during adolescence; like sports, dancing, music or academics become hard wired. Other skills that are not being used will fall away.
 

What's a parent to do?

1) Be Involved - Kids will always be ahead of us in technology, so encourage them to show you how to set up a social networking page. This encourages them to share what they know and gives you access to what they are doing.

2) Be a Parent, not a Pal - Insist on knowing user names and passwords of all their social networking accounts. Explain to them it is not to be used to spy, but to have in case they were in some sort of danger.

3) Create a Balance - We want our kids to develop their own identity and become independent. Learn to trust them and allow opportunities for them to explore when it is age appropriate and set clear limits for internet use.

Most kid's today don't have a local bowling alley or soda shop to hang out, like the baby boomer generations had. They also aren't allowed to play outside until the street lights come on as recent generations enjoyed. Hours of skipping rope, climbing trees and building forts is replaced with the tap tapping of tiny keyboards and click on the mouse. The cyber playground has replaced the physical one, for better or worse. It is our job as parents to make sure their developing brains know how to do more than move a mouse around a keyboard and encourage more face to face social time

Make Your Blog Popular - How to

 Make Your Blog Popular - How to 

You have a new and an attractive blog. Your blog have great contents yet traffic coming to blog is sparse and infrequent. Some of the options that you may consider is to spend money to advertise your blog (if you thinking of instant traffic, buy it). That's easily said then done because what if you are out of money. Anyway, paid traffic is usually temporarily. Once your ads stopped running, traffic will also be back to normal. Dejavu.

But don't fret, there are still ways to get more traffic without costing you your arms and legs. Here's a rundown of many of the things that you can learn and do to make your website a popular one and maybe one day you can be a famous blogger.

1. Update your blog frequently - Readers will be more interest in blog with regular updates. However, don't publish 10 posts daily just for the sake of frequent posting. Make sure your new post have useful topics or contents.

2. Get linked - Submit your post URL to various social networking sites to pull more audience. If your post rocks, word of mouths or rather the power of social sharing will fire up your blog popularity.

3. Syndicate your site - Learned how RSS works and how it can spread feeds to readers. This push technique allow your latest post to be distribute to the reader instead of waiting for them to come over your blog to reader. It's just throwing a morning newspaper at their doorstep.

4. Comment on other similar sites and forums - Leave your blog URL (or footprint) at popular blog. Most bloggers who has became very famous, were once active forumer. They use popular forums to spread the link to their blog. Needless to say, refrain from spamming at those forums.

5. Interact with your readers - Communicate with your readers. However, don't shout back should the reader leave a negative comments about your blog or your posts. Blogging courtesy at all time must be practiced to maintain those online relationship.

6. Be timely - If you are blogging about current issues or event, be timely about it. No one want to read an outdated blogs. That's why online media such as news portals or even TV always have their segment on "Breaking news".

7. Trade some links - If you exchange business card or call card, then it only right that you can exchange links. For marketing purpose, every kind of link exposure is helpful. 

8. Don't overstuff your blog with too many affiliate links - I guess most people hate free TV channel because it being overdosed with TV commercial. Readers like aesthetically pleasing sites and nothing (other than blinking text and automatically playing music) ruins the experience quicker than a barrage of ads.

9. Don't make people register - You should always try to make your site as easily accessible as possible. One way to do this is to not force registering to view or interact with your site. If your readers need to register to view your content, most of them won't. Readers are private people and too bad they do not want to share their email address.

10. Good spelling and grammar - If your English grammar is rather poor, the very least you could not is to make sure your blog post doesn't contained typo error. Check for spelling mistake before you click on the Publish button.