I was recently asked a weird question and I will tell you why it was weird in a moment. The question, and I quote, was "Can you really make money on Facebook?". Now, I know you can make heaps of money on Facebook. There are two ways and we'll discuss both of them briefly below.
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Can You Really Make Money on Facebook?
In short, yes you can really make money on Facebook and it's not as difficult as you think. The free method and the paid method are somewhat different animals, though. So, we'll talk about the paid method first, which I don't advise for newbies. Then I will tell you how you can make money the free way, which has its own benefits and drawbacks.
The reason I thought the question was a bit weird is because I just took it for granted that everyone knows that big money can be made by leveraging Facebook. Seems I was wrong. So with that being said I thought I'd address the matter today.
Paid Facebook Ads Are Notoriously Tricky to Get Right!
Okay, so this is the tricky and paid method we're talking about. This method is more difficult than the free method, but, if you get it right it can be like printing money over and over again. Get it wrong and you'll soon drain your bank account. However, with paid Facebook advertising you can actually set a budget for as little as $5 a day. This will prevent you from overspending on your budget.
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The frustration though will come from the trial and error that's inevitably going to be required of you before you hit the sweet spot. It's when you reach that point that you can scale up. I don't want to go into too much detail about paid Facebook ads, though, because I wanted mainly to talk about that nifty little strategy I mentioned earlier.
Sujan Patel wrote about the many mistakes made with Facebook ads here at Forbes website.
How to Make Money on Facebook Groups - The Free Way
The actual strategy you employ will only cost money once. You have to purchase the case study to learn the method. But it's money well spent, as I found out to my delight. It costs less than $10, so it's not like it's costing a fortune. And there's a 30-day money back guarantee, but I think you won't be wanting your money back when you see what it teaches you to do.
It's such a good little strategy that I'm surprised I'd never worked it out for myself years ago. However, now that I know how to do it and I've tested it out a few times, I know it works a treat.
The Benefits of this Facebook Marketing Strategy
- It's ideal for beginners.
- It's free traffic from Facebook groups in your niche.
- It's a simple few minutes to set up.
- You don't need a website for it to work (although using a website would be beneficial).
The case study itself, if studied and implemented properly, could make you over $100 a day online. Now, I don't know about you, but I could live a good life on that kind of money if it was all I could make. It's $3000 a month. Of course, those figures are approximate. You can expect peaks and troughs as you learn and tweak the strategy to suit you.
What You Need in Order for This Strategy to Work
Obviously, you need some things. They are as follows...
- An Internet Connected Device (Really Necessary I think! 🙂
- A Facebook account (I'd use a second one to keep it separate from my personal account).
- Facebook Groups in Whatever Niche you're interested in.
- A Product from an Affiliate Netowork, like Clickbank, Warrior Forum or Amazon
- A FREE Trial of an Autoresponder
- About 1 or 2 Hours Per Day to Spend on Activities on Facebook Groups
- About 1 or 2 Hours to Watch The Case Study
- About 2 Hours to Set Up
Now that you know in advance what you need, and you realize that you probably have most of those things already, go check out this case study here.
I hope you have success if you try this nifty little case study. Remember to give it a good go, though, or else it will definitely not work.
It's one of those things that takes a day or two to get rolling. Winners never quit and Quitters never win! And...Action takers are the money makers. I like both of those quotes because they're absolutely true.
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Thanks for reading.
Jim
PS. Do me a favour and share this post to your social media! Thanks.
I recently wrote an article called can you really make money on Instagram which I think you'll also like if this post got your attention. Read that one here.
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Once upon a time, in a galaxy far, far away… Jim got a chronic case of sciatica and lost his job. However, Jim used this opportunity to learn how to build websites with WordPress and then to make money online. Jim wants to help you do the same, while helping you to avoid the plethora of scams. Let Jim help you earn your first $1000 online from home. Cheers and see you soon!