How To Make Money On FaceBook?

Facebook is an amazing social network. Making money from FaceBook isn’t a hard nut to crack these days. There are a few possible ways that you can make some serious cash from FaceBook. It is possible to make money from FaceBook market place or building FaceBook applications. There are some popular applications sold for five figures!

What is a Facebook application?

Facebook applications are basically some sort of software programs or widgets that can be added to any Facebook user profile. FaceBook applications or widgets these days is incredibly popular among the FaceBook users. Applications like Super poke, FunWall became a part of FaceBook.

How much can I make from Facebook applications?

The opportunity to make money using Facebook application is incredible. However the answer of the question “How much you can make from FaceBook” depends on you. Create an application that is creative and can be easily used and understood by average Facebook users and you can make money selling the application. Many Facebook applications sold for five figures simply because of their popularity. Expect to make some good cash if your application is popular. Just make sure your application is fun and viral.

What application to create?

Create something that even the most novice user can use. It should be fun and viral. Put yourself in the seat of a novice Facebook user; try to answer some questions like, what sort of application do you want if you want to make FaceBooking easy and fun? What can be a cool way to spend some time? What would you love do beside commenting on profiles or poking? What cool gadget can you refer to your friends that you think would be fun? Take a look at the top four Facebook applications, Funwall, Superwall, Poke and Top Friends just so you get some ideas.

Facebook market place

Facebook market place has the potential to become a great marketplace since it is crowded by interested and targeted users. You can sell almost everything. The best thing is it is free to list and others can see what you have for sale! Your profile is the coolest way to advertise the product you want to sale.

More Friends and intelligent sales copy

Make more friends and this can be quite a lucrative thing for you. Facebook runs on who knows you so trust is the key. Funwall can be a good sales copy and you can let your friends know what you have for sale. Don’t direct sale. If you are selling ring tones, add the naked affiliate url and drop them a message something like: hay mike check this cool site out, it is cheap and the ringtones are fantastic! Remember pre selling is always the key to success.

Folks are always trying to figure out new ways to monetize social networking sites like FaceBook myspace etc and we are looking forward to see some improvements on that too.

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