We all love spending time and connecting with friends on FB, isn’t it? But what if I say that you can now even earn money on Facebook? Do you even believe it?
Yes, that is very much possible with the recent rollout of Meta. You may not believe it, but Facebook now has more than 2 billion active members each month.
And if you have such a great market in front of you, you can definitely use it to make money in no time.
Although there are many ways to use that massive userbase of FB, not every option is suitable for everyone.
So, our editorial team has tried and tested several options to fetch the most legit options. But before we reveal those, let’s understand what you actually need to make money on FB.
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Who Can Earn Money On Facebook?
Many people even asked me how to earn money on Facebook, $500 every day, without knowing a single thing about it.
Yes, expectations can be high, but you also need to find the right way to fulfill that dream of yours.
There are easy ways to make money fast with Facebook and other social media platforms. But before that, you need to concentrate on a few different things.
- It is better to create a different profile or a Facebook page for professional use only.
- Your profile or Facebook page should look natural with accurate information.
- The DP of your FB page or profile should either be yours or should reflect what your business is about.
- Always use a business logo or emblem in the cover photo to make it look professional.
- List the city you live in or you are doing business in. (Helpful for local SEO as well)
- Properly list your contact information, website, and email address.
If your profile or page looks professional, you can not only just earn from Facebook but can try several side business ideas on FB as well.
3 Primary Ways To Generate Revenue On Facebook
Although you can use Facebook in many ways to make money, there are three primary avenues on Facebook itself by which you can generate a pretty good income.
And if you don’t know how to earn money on Facebook, here are the three revenue-generating ways on FB.
1. In-Stream Ads
Third-party native ads are the primary source of income for any blogger, vlogger, and influencer. And not just that, there are now many ways to get paid to click ads as well.
But if you talk exclusively about Facebook, in-stream ads are the primary monetization tool. It is actually the automatically inserted ad in any video you post on Facebook.
It can be at the start, although the FB algorithm typically inserts the ad in the middle of a video. But yes, there are some criteria you need to fulfill to become eligible for FB in-stream ads.
First, you need to have at least 1k followers on your page. Second, you should have at least 30k video views (1-minute video run time) in the last 60 days.
And third, you should follow their community guidelines.
2. Brand Collaborations
Although you can opt for a collab with any brand you want through your own channels, Facebook now has its own brand collab program where you can seamlessly integrate products of your associated brands into your post.
But like in-stream ads, you need to fulfill a few of their criteria to become eligible for this program. Firstly, you need to have at least 1k followers on your FB business page.
And secondly, you should have either 15k post engagement or 180k minutes of total video watch time in the last 60 days.
And thirdly, you should abide by their community guidelines for any collab or sponsored post.
3. Fan Subscriptions
Can you earn money on Facebook if you just have a decent fan following? The answer is YES! You can simply make a subscription funnel through this brilliant social media platform to make money.
But, creating a fan subscription is not a new concept for video or other content creators.
There are platforms like Patreon that have been providing this platform for quite a few years now. But yes, it is pretty new on Facebook.
Facebook has recently launched a dedicated FB fan subscription program where you can set up your own plans.
Both monthly and one-time, you can also choose a subscription model with this great tool.
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18 Ways To Earn Money On Facebook
While most of us think Facebook is just a platform to connect with friends and families, many people also use this brilliant social media platform to make money.
And here are the best ways to earn money on Facebook.
1. Facebook Post
If you don’t know how to start a blog on Facebook and earn money, you are missing a grand opportunity to make a handsome living just out of social media.
Yes, a good thought written on “What’s on your mind?” can really make money in no time.
Many people use FB posts to showcase the products that they sell. And you can also do the same if you have the right marketing skill.
But yes, you need to take some good pictures and post that too on your FB to get potential clients.
You can also announce a new service you are offering nowadays through a FB post. Besides, you can also put affiliate links on your post to boost your income.
2. Facebook Video
If you are a camera-friendly person and always enjoy a selfie booth, you have already discovered how to earn money on Facebook.
Yes, it is by posting amazing videos on FB. Although there are several ways to get paid to watch movies, Facebook works differently.
There are two main ways to capitalize on FB videos. First, you can upload a product video on FB (it should be copyright-free) to attract potential customers.
And secondly, you can start a question-answer session with a fixed viewing charge.
But yes, you do need to have strong internet connectivity for Facebook videos. It will be even better if you have an excellent setup to shoot those videos.
3. Messenger Chatbots
You may have already known that there are now several ways available to get paid to chat online.
But you may not know that you can create a marketing channel and a sales funnel through your Facebook Messenger.
Yes, if you don’t know how to earn money on Facebook online, you should explore the field of messenger chatbots.
First, you need to make an email list and then make an active chatbot through services like ChatFuel or ManyChat.
Creating a chatbot creates a robust customer care system for your business and reduces the overall cost for support and customer care.
4. Facebook Event Hosting
Earning from native ads is not that lucrative nowadays. So, social media influencers and bloggers are now taking different routes to boost their incomes.
And hosting an event can be an option if you know how to make any event a great one to participate in.
If you are already hosting events on platforms like Udemy or Teachable, you should better try FB events instead. It will not only give you a larger audience but will also reduce your commission charges.
Creating and hosting an event through Facebook is not just simple but also absolutely free. And you can now even monetize those events through the Event Hosting Tools of FB.
5. Facebook Fan Page
If you already have a decent social media following but don’t know how to earn money from Facebook pages, you haven’t fully understood the real power of this platform.
There are many ways to make extra money. But nothing can be more lucrative than creating a fan page on FB.
If you create a fan page, you don’t just create a platform to interact with your admirers but also implement an effective sales channel. But yes, you shouldn’t bamboozle your FB page with sales posts.
Instead, you need to post creative and authentic things and occasionally post-sales items. Trust me; this will increase your conversion rates in no time.
6. Facebook Merchandise
You may not believe it, but you can now earn money by sharing links on Facebook. Yes, if you have the right creative quotient, you can comfortably make money just by selling cool merchandise on FB.
You can also just post the links of your product on FB to create a sales funnel.
We all love hilarious memes. So, it can be a great idea to implement those memes in your merchandise, like t-shirts, coffee mugs, tote bags, and many more.
However, you can also sell your own product if you already have any.
There are platforms like Teespring and Society 6 where you can just upload the design, and they will take care of the rest. But yes, they charge around 60% commission on the final selling price.
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7. Facebook Influencer
The influencer market is now at a new height. More and more companies are looking for creative ways to market their products and services through social media influencers.
And if you have a good number of followers on FB, you can also make a profit from this ecosystem.
From beauty to fitness, you can be an expert in any field and start your journey as an FB influencer.
You may not believe it, but there are now ways to earn money by playing games on Facebook. And many gamers are already doing it.
Once you reach at least 10k followers on your FB page, you can contact small companies. And once you hit the 100k mark, you can approach more prominent brands for paid collaborations.
8. Local FB Groups
Nothing can be better than selling any product locally. First, it will eliminate the transport cost.
And second, it has a higher chance of selling at the right price as the buyer can take it right from the seller’s hand, further increasing the trust factor.
And nowadays, there is no better place to get local buyers than FB groups. You should start by joining all your local FB groups.
You can now even filter groups according to your city. So, join those groups and start making connections with fellow members.
There are several “buy & sell” groups available on FB nowadays that you can also join. But yes, you should strictly abide by the group policies.
9. Facebook Marketplace
After launching a new segment called Marketplace, Facebook has offered a fantastic platform to buy and sell new and used items.
And now, it has already become one of the best ways to earn money on Facebook. You can sell, trade, or buy, almost any legal item through the FB marketplace.
However, it is better to take some great images and complement them with small writeups that adequately describe your product.
Although there are many websites to sell study notes online, you can even sell them on FB as well. And trust me, and you’ll get a much better rate for these items on FB than on traditional selling platforms.
10. Facebook Ads
Yes, you can now even earn money on Facebook ads. There are many ways to get paid to post ads nowadays, but nothing can be as lucrative as Facebook. And you can do it in two different ways.
First, you can start your own Facebook for Business and then run ads on specific products or posts to get the attention of potential buyers or users.
And secondly, you can run ads on someone’s behalf and charge a fixed amount to do so.
But yes, you do need to have immense expertise in Facebook and how it works to place highly-converting ads properly.
11. Contest On FB
Yes, contests are great in any form. And if any contest has any cash prize attached to it, the charm gets doubled up instantly.
You can also make your own contest on FB and make money from it.
If you already have a product or a page, ask your followers to share it as much as they can, and the highest number of shares will get a grand prize from you. You can also use that same method to market any product.
You can even create a free sales funnel just with this method. Start by asking your followers to participate in contests where they need to sell your product. And the best seller will get a grand prize.
12. Sweepstakes
You may not know, but Facebook hosts thousands of sweepstakes daily. It is not just super easy to play, but you can even make thousands of dollars by hitting the jackpot.
And most sweepstakes randomize their winners, and you can also try your luck.
Several groups on FB specialize in sweepstakes and lucky draws. And you can earn money on Facebook just by joining those groups. But yes, most sweepstakes need you to submit your email.
It is better to generate a new email ID that you can solely use for sweepstakes. And in that way, you won’t miss any chance of taking part in a grand lucky draw.
13. Fundraise On Facebook
While many people earn money by posting ads on Facebook, many people directly raise money on Facebook for various causes.
However, you are unlikely to make any profit from general fundraising. But yes, you can work toward a goal through these campaigns.
But yes, the fundraiser campaign should be non-profit in nature and should have a noble cause to raise the most amount of money. You can also ask your followers to share the campaign to reach more people.
You can even find several groups on FB that are specialized in fundraising campaigns. Besides, you can ask for help from the FB community members as well.
14. Crowdfunding on Facebook
Crowdfunding is a great tool to raise money for any entrepreneur or startup. Yes, when you can’t get direct investment from any farm or capital venture, you can use Facebook’s help to crowdfund your business.
But yes, your idea should be revolutionary and unique to increase its appeal. Besides, you need to be absolutely sure about what you are trying to make before you even launch your crowdfunding campaign.
There are now multiple platforms available, like GoFundMe and Fundly, where you can host your crowdfunding campaign.
And then, you can market those through your social media handles by sharing the funding links.
15. Refer-a-Friend On FB
Let me give you a shock first! Do you even know that you can now make money by referring friends online?
Yes, it is very much possible, as many platforms provide this opportunity. And you can use Facebook to capitalize on those opportunities.
Although there are many ways to earn money on Facebook, this is probably the simplest option to try. There are platforms like Rakuten that assure referral bonuses.
So, every time a new member joins through your custom link, you get a commission.
After opening an account on such platforms and creating your custom referral link, you can share that with your social media handles.
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16. FB Stock
Stocks are still one of the best investment tools that can almost guarantee a 15% to 20% yearly return.
And you can even make $500/month in dividends by holding the right stocks. But yes, you need to pick your stocks carefully.
Nothing can be better than investing in Facebook stocks as it is now a publicly-traded establishment on Nasdaq.
And after its rollout of Meta, the chances of making a profit from its share also increased many folds.
Not just direct investment, but you can even buy FB stocks through your IRA account. Besides, you can now even invest in an index fund of FB to make a profit in the longer run.
17. Facebook Manager (SMM)
You can easily earn money on Facebook if you know how to manage it correctly and in an efficient way.
And if you have any idea about the FB algorithm or how it actually works, you can even make a six-figure income each month from FB.
The responsibility of a Facebook manager can comprise many things. From scheduling social media posts to designing new ad campaigns, from replying to comments to creating stunning graphics, you may need to do many things as an SMM.
But you need to have the correct understanding of audience and demographic profiles. Besides, it will also be helpful if you can properly monitor ads and other post metrics.
18. Facebook Bug Testing
Do you even know that you can make more than $10k/month just by testing websites without living in the comfort of your home?
Yes, there are now many platforms available to get paid to test websites. And Facebook is undoubtedly among the top choices.
While most websites put extra effort into eliminating any security gap, Facebook takes it a step forward. It is not just one of the most secured websites, but it also regularly fixes bugs and glitches.
And now, you can even point out those flaws and glitches to FB.
And in return, Facebook pays as much as $10k/bug report. It now also launched a Facebook Bug Bounty program where you can report coding flaws.
Conclusion
So, these are all the legit methods to earn money on Facebook these days. But yes, not every option is suitable for everyone.
Try affiliate marketing or product selling directly on Facebook if you have strong marketing skills.
And if you don’t have that skill, you can become a social media manager or run ads on others’ behalf to make money.
And that’s all for today, folks! Don’t hesitate to drop your feedback about this topic in the comment box below. Catch you on FB!
FAQs
How many views do you need to get paid on Facebook?
There are three main criteria to fulfill. First, you need to have at least 1k followers on your FB page.
Second, you should strictly follow the community guideline laid by FB.
Third and most importantly, you should have at least 30k qualified 1-minute video views on 3-minute-long videos on your page in the last 60 days.
How can I use Facebook to earn money?
There are multiple ways to make money using Facebook. If you are a seller or a service provider, you can create your own page and then join local groups to get potential clients.
Besides, you can now also list your item directly on the marketplace. If you are an influencer, you can even create a fan subscription and paid events on Facebook these days.
Is it possible to make $500/day on Facebook?
It is absolutely possible to make $500/day or even more just from Facebook. If you are already selling any product or service, run an ad on Facebook to get more clients.
You can also use local FB groups and the marketplace to list those items or services. Besides, you can also create a blog and get legit traffic from Facebook.
Many people also earn just by sharing their affiliate links on FB.
How to start a blog on Facebook and earn money?
The primary way to make and post blogs on FB is to make money from either third-party ads or affiliate marketing.
You can directly write a blog on your FB wall or your FB page as well. And Facebook allows posting affiliate links on that as well.
You can also create your own FB group to share those links to get more clients.
If you want even more ideas for making money, consider checking our posts on:
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- How To Sell Feet Pics Online For Extra Income [$4K/Month]
Hello there, I’m Siva Pakkurthi, an MBA Finance post-graduate and a Remote Career & Personal Finance blogger for 5+ years. Over the years, my work has been featured on US News, Entrepreneur, MSN, Yahoo Finance, GoBankingRates, EverQuote, Legal Zoom, The Simple Dollar, Databox, Business.com, Business News Daily, Venngage, Score.org, and more. My primary mission is to help our readers maximize their earning potential with legitimate online business ideas, side hustles, and passive income ideas we publish on Dreamshala. Currently, more than 100,000 readers from all around the world visit this blog every month and learn new ways to improve their finances.