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+-- Forum: Facebook forums (/forum-14.html)
+--- Forum: Facebook apps (/forum-22.html)
+--- Thread: Is it really possible to make money with facebook? (/thread-52487.html)
Is it really possible to make money with facebook? - koonkicker - 12-19-2012 02:05 PM
I see a lot of people talking about it online and articles and blogs and stuff, but how do I do it? I know about applications, but I don't know any programming and hiring a programmer is expensive. Is there any other way to making money on facebook? Thx!
- Nick - 12-19-2012 02:13 PM
Short answer - no.
Long answer - sell products that people want, generally applications that are ad based.
Or clothing, or pictures, or whatever.
You're better off getting a real job if you have to ask
- Lauren - 12-19-2012 02:13 PM
make an application for it, and you can get money. the youngest billionaire to this day is the creator of Facebook...just a little random fact action for ya.
- hooman03 - 12-19-2012 02:13 PM
Yes, there's a few ways you can make money with Facebook WITHOUT making an application. One of the most obvious ways is through Facebook Social Ads. This is like the new Google Ads, except it's not as effective for everything. You have to know what to advertise and what to promote.
Let me give you a really quick overview here. First off, the Facebook population is primarily college students and young people, so only a select few topics can be sold to them. These topics include online dating sites, health/diet/fitness products, and money-savings related topics.
You can sign-up for free at ClickBank.com to become an affiliate and promote tons of different digital products.
Social Ads are those little ads you see on the left hand side of your Facebook page, like this:
http://www.ehow.com/images/GlobalPhoto/Articles/2338337/social-ads_Full.jpg
The way it works is the person placing the ad pays either "CPC" which stands for "cost-per-click" or they pay "CPM" which stands for "cost-per-impression. Cost-per-click is pretty self-explanatory and all you need to know. But impressions, for your info, are the number of times an ad actually shows up.
So you pay a certain amount to get some number of clicks. When people click on the ad, it directs them to a ClickBank product with your affiliate link in it. The difference between the cost of running the advertisement (your budget), and the commission you get from the ClickBank product, is your profit. There's also ways to calculate and optimize this profit.
I linked a source article from Squidoo that has all of this laid out, in specific steps that you can follow more easily. Hope that helps!