Facebook has over 500,000,000 users, some of those users will be interested in your offer/App/product, with Facebook you can have an idea/service go viral and bank big time…
Facebook has changed the world we live in, just look at what happened in Egypt, that is the power of social networks, that power can also be used to make money online.
Building a fanpage on Facebook has become a really popular way to generate interest in anything you are doing and that can also be a product or service.
The fact that people ‘like’ your page and recommend to their friends means that interesting stuff can go ‘viral’ and get you thousands of visitors to your site, blog, or offer and it’s a numbers game on how many of those visitors will buy or subscribe to something and put money into your bank.
Facebook is a great way to target a particular audience through Facebook adverts and make money online.
You can set up a campaign and buy adverts for a particular demographic, for instance you might be promoting a weight watching program, so you could buy Ads targeted to women over 40 who live in a city and are interested in losing weight, or if you are promoting a dating site then you could target single guys looking to meet women from a certain city or country.
Facebook, because it has access to so much of our personal information, can be a great way to really target an audience and not spend money on adverts that are shown to the wrong demographic.
There are many other ways for people who know there way around internet marketing to target Facebook users, usually this involves fake profiles, building friends, then targeting the ‘friends’ with offers, which is basically spamming.
There is software to automate all this type of Facebook spamming and it’s a numbers game and Facebook is always looking to shut the door on spammers and protect their users.
It’s really a game of ‘cat and mouse’ with Facebook always trying to catch up to the latest method.
As long as Face book is around people will try and find a way to exploit it and make money online.
If you have some kind of programming skill then creating a Facebook App. Is another way to make money online, but the market is a hard one to crack, however if you do build a popular useful application and it goes viral then a huge amount of money can be made.
There are other methods to generate an income from Facebook but remember what worked today might not work tomorrow so in my opinion it’s not a long-term strategy.
Facebook and fanpages can be used along side Twitter to push traffic to your site or even make you look like an authority in your niche, if you have a site or blog displaying thousands of fans then this automatically gives surfers the idea you are trustworthy.
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