Get a Piece of the Social Media Marketing Pie
© Miranda Miller
Is it really possible to make money online using Facebook's social media site? The answer is a definite yes, but it's not the get-rich-quick plan you're led to believe.
The numbers are staggering. According to Facebook's Press Room - Statistics page, there are now over 200 million users on the world's largest social networking site, with over 100 million logging in at least once every day.
Advertising or selling products or services on Facebook used to be a big no-no, with penalties ranging from warnings to account suspension. However, Facebook is now competing with other networking sites like LinkedIn and Twitter for their share of the social media marketing trend. They've been forced to broaden their horizons and relax the rules; it's no longer just an online hangout for college kids.
As e-commerce and online business swell to new heights, smart entrepreneurs are taking advantage of networking opportunities to help brand their business, build targeted traffic, and increase sales. There are a few different ways to use Facebook to make money online.
Make Money Online by Displaying Affiliate Ads with a Facebook Application
Facebook offers an application simply entitled "Advertising" that allows users to display banner ads on their profiles. This displays any company's advertisements or promotions, but is most often used for affiliate links. Inexperienced affiliate marketers can find more information on choosing profitable programs by visiting affiliate review sites like AffiliateTips.com.
Another popular Facebook application, Big Photo, displays oversized pictures on the user's profile. This alternative banner ad option is especially useful when advertising products. Each profile visitor is treated to an in-your-face, full color preview of the product. The caption should link to the purchase page.
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© Miranda Miller
Is it really possible to make money online using Facebook's social media site? The answer is a definite yes, but it's not the get-rich-quick plan you're led to believe.
The numbers are staggering. According to Facebook's Press Room - Statistics page, there are now over 200 million users on the world's largest social networking site, with over 100 million logging in at least once every day.
Advertising or selling products or services on Facebook used to be a big no-no, with penalties ranging from warnings to account suspension. However, Facebook is now competing with other networking sites like LinkedIn and Twitter for their share of the social media marketing trend. They've been forced to broaden their horizons and relax the rules; it's no longer just an online hangout for college kids.
As e-commerce and online business swell to new heights, smart entrepreneurs are taking advantage of networking opportunities to help brand their business, build targeted traffic, and increase sales. There are a few different ways to use Facebook to make money online.
Make Money Online by Displaying Affiliate Ads with a Facebook Application
Facebook offers an application simply entitled "Advertising" that allows users to display banner ads on their profiles. This displays any company's advertisements or promotions, but is most often used for affiliate links. Inexperienced affiliate marketers can find more information on choosing profitable programs by visiting affiliate review sites like AffiliateTips.com.
Another popular Facebook application, Big Photo, displays oversized pictures on the user's profile. This alternative banner ad option is especially useful when advertising products. Each profile visitor is treated to an in-your-face, full color preview of the product. The caption should link to the purchase page.