Facebook Monetization: Lessons From Google

Banner ads on Facebook is a dumb way to monetize. Same on MySpace. People don’t pay attention to banner ads on social networks because they are too busy paying attention to EACH OTHER. It’s no surprise that people are complaining about low click through rates on Facebook display ads.

But that doesn’t mean that Facebook won’t figure out how to monetize its growing userbase. Let’s not forget that even Google took a while to figure out how to monetize — and the first version of AdWords was based on a fixed cost per click rather than the liquid marketplace that now cranks out $10 billion a year.

Ways To Make Money Online Without Your Own Website

You will come across the term affiliate marketing as you look for actual ways to make money online. Affiliate marketing is where you get paid to sell other people’s products.
Many people like to get started this way because they do not need a website of their own. The affiliate merchant gives you a website to promote their products with.
One thing that is not always discussed is how to market your affiliate website. You will run into some obstacles but those can be overcome.

Ways To Make Money On Facebook

After creating a Facebook account (or not), making money on Facebook can be summed up in 2 strategies, The Cheap and the The Not So Much
The Cheap can be divided into 4 basic steps;
1. Get lots of friends
2. Create pages
3. Create groups
4. Invite your friends to participate while doing the same

First and foremost remember that this is a long term strategy.
Your personal profile should be mainly about yourself, not too much about the business, not too salesy but, don’t be afraid to offer product and services directly on your profile page. If you feel you need more content on the personal page, use some of the different applications available to fill some space or even a sell items and services directly from your profile page. Some of the Facebook Developer Applications will drive traffic to your site from not only your profile but your pages as well where you can make from advertising and services.

5 Ways To Make Money On Facebook

With the release of its new platform, Facebook’s recent endeavor in social media presents a unique opportunity for marketers, developers and businesses to tap into the social network’s young, active, and viral crowd.
However, over the past few weeks there has been a rising concern among developers to uncover ways to monetize their Facebook applications. The curse of instant online success is that you can no longer sustain expensive servers to support hundreds and thousands (or even millions) of Facebook users. The question: how can the developers of Facebook apps actually make money? We don’t have all the answers yet, but here are 5 suggestions: