Facebook has become more than just a social media app; it has become a part of our life. But have you ever thought about how this app can also be used to generate more money?
Yes, Facebook is one of the best ways to make money online in Nepal.
Yes, You can earn money through Facebook. In fact, there are various direct and indirect ways to generate money via Facebook. This article will cover 10 Ways to Make Money on Facebook in Nepal. So without any delay, let’s get to the points.
1. Sponsored Post
If you have a Facebook page with many followers and likes, then you can earn money from the sponsored Post. Many brands are willing to promote their product and events through Facebook pages and influential persons with many fans.
So, all you have to do is post reviews, events, or promotional posts about them and get paid for that. A popular example would be Routine of Nepal Banda (RONB) and MemeNepal, which have many followers and thus, earn a lot of money from sponsored posts.
But what if you do not have many followers or likes? You can still earn from a sponsored post. The answer is simply niche marketing.
So, to elaborate, The brand is always looking for influential persons in their similar niche. When big personalities and big Facebook pages are doing brand endorsements, they target a general audience since they have thousands or millions of followers.
But what actually is beneficial for the brand is niche marketing, which targets people who are direct consumers of these brands. So, let’s say you have a fitness page with just roughly 5 K followers; you can reach out to fitness brands to sponsor you.
They would probably sponsor you because you have a fitness page and the followers are fitness freaks. Therefore, they have a high probability of buying their products. In the end, quality is what matters more than quantity.
2. Promote Digital Products
Facebook is a platform where you can connect with like-minded audiences. So you can either start your Facebook page or groups related to your niche. Then, after you have connected with the audience, you can convert the Facebook connections to potential customers.
For instance, Share Gyan used its page to help newbie share investors know about the share market. As a result, it created a connection of newbie share investors who had no idea about the market but wanted to learn more.
As a result, it introduced the ebook about sharemarkets at a reasonable price. It knew what the customers wanted and launched the same, and they made a profit out of it.
3. Affiliate Marketing
Affiliate marketing is recommending your followers and friends to purchase something, and you get a commission when they do so. You can use affiliate marketing through Facebook and earn money.
The best part of affiliate marketing is that you do not need a huge fan following. Just a bunch of friends and followers on Facebook would be enough. All you have to do is convince them to buy the product, and after they purchase the goods, you will get the commission.
Generally, Daraz, Esewa, and Smartdoko have affiliate or referral programs through which you get certain money for the signups in their program. So, you can convince your friends to sign up for that program and earn money through referrals.
4. Facebook Marketplace
Facebook has introduced a new feature of the Facebook marketplace from where you can buy and sell goods. So, you can sell your goods through the Facebook marketplace and earn money out of it.
The best thing about using Facebook Marketplace is the wide audience you can target. The users of Facebook are incomparable to the users of an eCommerce site. On top of that, it is free.
People are switching to the Facebook marketplace as it is convenient to shop. For instance, you are scrolling your newsfeed and saw something you want to buy. You no longer have to switch to browse e-commerce websites to see if it’s available there. On one tap, you will get to the Facebook marketplace, with a wide range of options.
Another best part is the quick response from the seller. Usually, it takes 2-3 days to get a response from the seller on the e-commerce website, but you can easily chat with the seller through the Facebook marketplace. This helps in buyer and seller interaction.
Hence, you can earn money by selling your goods through the Facebook marketplace. Just post a picture, competitive price, and you are good to go.
5. Join Buy & Sell Groups
Most people make money through second-hand goods sales, and while hamrobazaar is a great platform for second-hand items, Facebook has risen as its alternative.
There are so many Facebook groups where buyers and sellers trade second-hand goods. So, you can connect with the chain of buyers and sellers to do any trading. But, this doesn’t mean you can do some illegal trading. For example, it is strictly prohibited to buy and sell alcohol or drugs through Facebook. You might get into legal issues if you do that.
However, you can easily buy and sell your goods through buying and sell groups and connect to a pool of buyers and sellers.
6. Become a Social Media Manager
Social media is a great way to promote one’s brand and products. Thus, companies hire social media managers to keep up with social media posts and engagements.
You can get paid to handle company social media accounts if you’re good with social media. Your responsibilities may include:
- Social media post scheduling
- Replying to comments
- Replying to customers queries
- Creating visuals for social media
- Keeping track of ad campaign stats
- Increasing the number of the audience
If you’re familiar with Facebook, this might be an excellent opportunity to work from home and earn a part-time income with flexible hours. But, first, you have to look up open positions as a social media manager and apply for them.
7. Advertise Your Shop Online
If you are a small business owner, Facebook can be a great way to promote your goods and products. It is cheaper to advertise your product on Facebook, and the best part is that you can put up your budget for the advertisements.
You can advertise your shop or products for as low as $1 for 1000 impressions. Isn’t it a great deal? Compared to other social media ads, Facebook is on the cheaper side. As a result, you can spend less money on the ad, gain more customers and maximize your profit.
Not to forget that these ads aren’t just for product sales but also for brand recognition. The more you advertise, the more people know about your brand and the more they will buy from you.
8. Earn From Facebook ads
You might be confused about how you can earn from Facebook ads. Well, the idea is very simple. To subscribe to Facebook ad plans, you would require an international card.
The banks now provide international cards, but not everyone can have them. That’s where you have the role. You can be the mediator and purchase plans for them. All you need is an international card. It’s easy if you have someone who is abroad. You can use their master card.
You have to approach those people or let them approach you who cannot subscribe to the Facebook ad plans due to the limited payment option. Then, you buy the plan for them with a small commission fee.
9. Host a Webinar & Paid Online Course
Facebook has many users, and most of them are students as well. So, you can host a webinar or online courses through Facebook and later turn it into a paid one.
This strategy is adopted by many people who provide free courses online, and after they have reached the audience, they will switch to paid ones. But, of course, you can adopt this strategy as well.
For example, so many institutions help people prepare for the Loksewa examinations. Initially, they will let you sit on what they call trial classes. Then, you have to pay for their classes. Since you have already started, you will feel the urge to join the classes, and that’s how they earn money.
10. Facebook Surveys
The brands are always looking for their customer’s satisfaction and change in preferences. So, they are always doing market research and surveys. While it is maybe hectic to do such surveys in person, brands are opting for digital methods.
Google forms are the best way to collect data online, but people are too busy. Thus, the better option would be creating a Facebook poll so that they can collect the data easily.
Brands usually approach the pages and people with many fans following to create such Facebook polls. Thus, you have to start a Facebook poll, provide the data, and get paid.
Have you ever noticed that Facebook asks you to join their Facebook polls for Earthquake and COVID-19 vaccination? You had the option to mark yourself as safe during the Earthquake, right? They are doing so to collect the data, and they sell these data to the organizations that are needy of it.
So the strategy is the same. You collect the data for the brands, and they will pay you for it.
Facebook is a huge social media platform, and it can be used as a money-making platform. The opportunities of making money on Facebook are limitless. This article has covered 10 Effective Ways to make money from Facebook from Nepal. You can use any of the methods to earn money from Facebook. Have a great day!
Facebook is a popular social media platform with over 2.2 billion registered monthly active users. While the primary purpose of using Facebook is to stay in touch with friends and family, Facebook has grown more than that.
Now, Facebook is not just a stay-in-touch app; it has become the no.1 source of information, source of entertainment, and marketplace for business promotion and sales.
You want a recent update about what is happening in Nepal, you get the instant update through Facebook, quicker than the breaking news in news channels. Even news channels get the news from Facebook.
You want to express your opinion regarding certain issues, then, write your opinions as your Facebook post and let that share button do magic for you.