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People spend hours on Facebook just to update their status and to communicate with friends and family.In short,they waste so much time on it.The purpose here is not to discourage anyone from logging into facebook but to inform our readers that they can use this wonderful social networking site wisely to earn extra income.
There are several methods through which you can earn money on facebook but in this post i will talk about 5 most effective ways to earn money from facebook.
1)Sell Affiliate Products.
Selling different products on your wall and pages is an efficacious way to earn money through facebook.All you need to do is get registered with any affiliate marketing program.Choose a product that you think might interest your friends.Share them with friends Whenever someone buys a product through your promotion link you get a fixed amount of commission on it.The more the buyers,the higher the profits.One can endorse as many products as one wants but choose them wisely as a lower quality cheap product might hurt your reputation.
2)Get Referrals.
There are lots of websites which pay you for referring a new member.These sites include PTC sites,some social networking sites,micro job sites and different affiliate programs.You receive cash for all the members who signed up using your referral link.In this regard,take advantage of your friends and followers list on facebook,encourage them to register at those site and make some quick cash.
3)Develop Application.
Scores of people use lots of apps on facebook everyday.One can literally earn in thousands by developing simple applications for facebook users.All you need is a unique idea for your app and some developing tools to start your work.
4)Sell Traffic.
If you have lots of friends or fan pages you can turn them into profitable traffic for different websites and blogs.People pay huge amount to get targeted traffic to their website and facebook has a huge potential to do so.
5)Ebay
Though all this sounds so easy but you may face some problems too.One must consider one's friends and family who might get annoyed at you fo spamming their wall.So it is always safe to create a separate account for money-making activities.