Can You Really Earn Some Extra Cash Using Social Media Marketing

| Tuesday, August 2, 2011
By Jorge Shaw


In our previous issue, you learned tips on how to utilize of marketing promotions, contests and freebies to get more Facebook fans. In this issue of Facebook for Business we are going to go over a few tips for making money on Facebook.

Whether you want quick cash or to grow a long-term business online, now both are achievable through online community site, Facebook. Today we are going to learn a few of the most lucrative moneymakers through Facebook.

- Selling

A lot of businesses among industries like health, travel, food and consumer products are taking advantage of Facebook when it comes to getting sales. And why would they not? Facebook is very user friendly and reachable to almost everybody. Having online presence through Facebook depends entirely on the owner.

While there are a lot of business owners that attest to the helpfulness of Facebook marketing, there are also numerous others who aren't certain of its possibilities.For those who do decide to sell their products through Facebook, there are several applications you can tap in order to be more organized.

Ebay already has a unique program meant for their Facebook users. An application called Radical Buy, easily and quickly posts products and makes them easily reachable to the potential customers. walls. Other applications you can benefit from include Flame Tunes, Lemonade and Music Blaster.

Facebook is not limited to selling products. You can sell your services online as well. In relation to the second money making usage (See Application Development below), one can also sell different programming and Customization services online. Facebook partners with Paypal for these micro payment schemes.

- Application Development

The social network itself reward several marketers who will help strengthen their various programs available from monetizatization to advertising. Facebook pays for useful concepts that will help them develop these. Even third parties continue to post positions online for developing different applications for their companies. So far, there's still a few people who are devoted to creating applications. It will therefore not be a problem to find prospective customers.

Computer programming has grown to be a very important aspect of company leads generation nowadays and most applications reach several thousands.

- Advertising and marketing

Among the several ways to monetize from Facebook, affiliate marketing is one of the best. There are many sites looking to integrate completely different parts on Facebook that are noticeable to customers. A lot of these use their own sites to cross promote their goods or services. Quite similar to what you do with Google Adsense (although Google Adsense if not applicable in Facebook since the site doesn't run with a Java application) where ordinary people place ads in their personal space, affiliate marketing also works the same way. Webstores such as Ebay, Amazon and other businesses are always on the look out for men and women to use their advertisements.

These people promote the products and they get a commission for every sale they acquired. At times, some companies don?t even require for their products to be bought. Most of the time what?s needed is a form of action such as people trying their product or creating leads for companies.

With these three money making techniques in mind, you can be well on your way into making more than what you expected out of a social media management site that was once just a pastime.

Look out for our next issue. We are going to talk about using Facebook Groups for your business.




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