Are you wondering how you can make money on Facebook? As the popularity of social media grows every year, Facebook remains the largest social media network in the world.
With over 2.8 billion active monthly users, Facebook is no longer just a great place to connect with family and friends. Facebook is also a great place to make money.
There are numerous ways to make some extra cash on Facebook. Whether you’re building a following, selling items, or promoting content, it will always be an excellent platform for your business or side hustle.
This article will summarize the 15 most popular tried-and-true ways to turn your time spent on Facebook into money and tips to make the most out of your chosen strategy.
Can Anybody Make Money on Facebook?
The simple answer is yes; anybody can make money on Facebook in 2022. In fact, you don’t even have to be incredibly tech-savvy or a pro at social media marketing.
However, how much money you can earn will depend on your skill set and how persistent you are. Like any other way to make money, it most likely won’t happen overnight, and you will need training.
Fortunately, there are countless ways to make money on Facebook, from selling items you no longer use on Facebook Marketplace to becoming a social media manager.
Whether you’re looking to make a full-time living from Facebook or just want to make some extra cash on the side, you can be sure that you will find an option on our list that fits your skill set and schedule.
How Can I Use Facebook to Earn Money?
Here are the 15 best ways to make money on Facebook in 2022:
- Sell on Facebook Marketplace
- Join Local Buy and Sell Groups
- Write a Facebook Post
- Become a Social Media Manager
- Become an Administrative Virtual Assistant
- Apply for a Job
- Report Critical Security Flaws
- Compete in Contests
- Enter Sweepstakes
- Earn Refer-a-Friend Bonuses
- Host a Fundraiser
- Invest in Facebook
- Create Facebook Ads
- Get Involved in Groups to Help Others
- Create Facebook Live Videos
1. Sell on Facebook Marketplace
Selling on Facebook Marketplace is one of the quickest ways to earn money on Facebook. Facebook Marketplace is a free-for-all feature where you can buy, sell, or trade just about anything around your house in your local area, such as clothes, furniture, and electronics.
If you have a hobby that includes creating something such as jewelry, you might even be able to turn it into a great side hustle with the Facebook Marketplace.
One advantage of Facebook marketplace is that buyers are local, so you don’t have to worry about shipping. However, you may have to enter negotiations with potential buyers.
When selling something on Facebook Marketplace, make sure to include clear pictures of what you’re selling, provide details like model number, condition, etc., and make sure you’re selling it for the right price.
Keep in mind that there is a list of items you’re not allowed to sell:
- Gambling products
- Tobacco products
- Certain healthcare products
2. Join Local Buy and Sell Groups
In addition to selling on Facebook Marketplace, you can also join local buy and sell groups, which will drastically increase your audience. Once you join, you can make posts selling your spare goods in these groups.
To quickly find groups in your area, simply click the “Buy and Sell Groups” link in the Facebook explore menu. You can also search for specific groups to filter through the different options.
Every buy and sell group has different selling policies, so always read and understand the group guidelines before posting something you would like to sell. Otherwise, a moderator may remove you from the group if you break the rules.
3. Write a Facebook Post
If you only want to sell to your current Facebook friends, you can post pictures and descriptions of the items you are selling directly to your Facebook wall.
While writing the post, just type what you want to sell, a description of the item, and attach a picture in the “What’s on your mind?” field, and then send it out to your friends.
Although the posts are only shared with your friends, keep in mind that if a friend shares the post, it will be seen by others that you might not know.
If you have never sold anything on Facebook but have a friend that has, you can use their post as an example to model your post.
4. Become a Social Media Manager
Social media isn’t going anywhere soon. If you’re savvy with social media, companies might be willing to hire you for your expertise.
As a social media manager, you will be in charge of your client’s social media presence. As a manager, your responsibilities will include, but are not limited to:
- Creating and scheduling social media posts
- Monitoring ad campaign metrics
- Growing audience size
- Responding to comments
Keep in mind that you will most likely manage all of your client’s social media accounts, such as Facebook, Twitter, Instagram, and Pinterest. Considering this, it’s important that you’re familiar with the largest social media platforms.
To get started, why not start with companies you’re already familiar with? What’s their social media presence like? What can you offer? To contact them, look for people in their marketing department on LinkedIn.
5. Become an Administrative Virtual Assistant
If you love spending time on social media, you can also work as an administrative virtual assistant in addition to being a social media manager.
One of the great things about being a virtual assistant is working from home instead of working in a cubicle completing mundane tasks. The time you spend working for each client will also probably take no longer than an hour per day.
Most companies that have a significant social media presence on Facebook need help. Similar to becoming a social media manager, start with companies you’re already familiar with. Take note of their Facebook page, determine what you can offer, and send your pitch to someone in their marketing department on LinkedIn.
6. Apply for a Job
Yes, you can find a job on Facebook, and it’s actually a great place to land one. Facebook has its very own job board to help people find new employment.
If you click the jobs tab in the left sidebar, you will find a list of nearby full-time and part-time positions that you may qualify for. You can filter the list by category, job type (contract, part-time, full-time, etc.), and distance.
In addition to the Facebook job board, there are many groups you can join that will list online job opportunities. With these groups, you can also get insights into the work experience required and the application process.
7. Report Critical Security Flaws
Like any other large website, Facebook is always looking to fix critical security flaws to prevent people from hacking into their website. In fact, Facebook has a Bug Bounty program that rewards anyone who finds and reports any coding flaws that need fixing.
If coding and testing websites is something you’re familiar with, this may be an excellent option for you to earn extra cash.
According to the fine print, the amount that someone is paid for finding and reporting a security flaw is based on numerous factors, such as ease of exploitation, impact, and the quality of the bug report.
The minimum bounty is $500, but Facebook has stated that very low-risk security flaws may not qualify as a bug bounty at all.
8. Compete in Contests
Many blogs and companies run contests, competitions, and giveaways on Facebook. Although they are usually free, you will have to like a page, share a post, or leave a comment to earn entries.
Every contest is different, so you might not always be able to win cash. However, you will still have the chance to win prizes such as gift cards, the latest kitchen gadgets, and much more.
There are contest and giveaway groups you can join to find the newest opportunities.
9. Enter Sweepstakes
In addition to competing in contests, you can also participate in sweepstakes to earn gift cards.
If you spend a decent amount of time on Facebook, you should see advertisements for sweepstakes on your Facebook newsfeed that you can participate in.
Winning these gift cards will take some luck, but it’s easy to participate, so there’s no reason not to give it a shot.
Like contests and giveaways, you can also join sweepstake groups to find the newest opportunities that you can participate in.
10. Earn Refer-a-Friend Bonuses
Do you have an account with any companies that offer a refer-a-friend bonus? Many companies have affiliate or referral programs that incentivize members to invite their friends to join.
If you have an account with a company that offers a refer-a-friend bonus, you can share your designated link on your Facebook page, and whenever a friend signs up for an account through your link, you will receive a cash bonus.
While searching for companies, make sure it’s a product or service you actually stand by and genuinely think your friends will like. Posting refer-a-friend links on Facebook can seem somewhat spammy.
11. Host a Fundraiser
While you’re not personally going to be taking home money from this suggestion, you can still raise a decent amount of money for your favorite non-profit that could use the financial support.
When it’s your birthday, Facebook will ask you if you would like to host a fundraiser for a non-profit in honor of your special day. If you decide to, you can set one up. The process is relatively simple.
Keep in mind that you can still host a fundraiser when it’s not your birthday by creating a fundraising page. You can create one at any time.
There are many causes you can host a fundraiser for:
- Health and medical
- Crisis relief
12. Invest in Facebook
You may be surprised to see this option on our list. However, if you’re bullish on the future of Facebook, buying Facebook stock with a brokerage is a great option to make money.
Facebook is a publicly-traded company on the Nasdaq index, and FB is Facebook’s stock ticker symbol. With a brokerage such as M1 Finance or Robinhood, you can purchase shares, or even just a fraction of a share.
Keep in mind that just like any stock market investment, investing in Facebook isn’t guaranteed to make you money. The stock market is always unpredictable, so you should always diversify your investments.
13. Create Facebook Ads
If you have a business, running Facebook ads is an excellent way of generating leads or advertising your product or service. If done correctly, these ads can drastically increase your sales.
However, since you have to pay for them, you need to know what you’re doing to ensure your investment pays off.
When creating Facebook ads, there are three main things you need to focus on:
- The objective of your ads
- Your target audience
- Your budget
If you don’t have a business, you can also make money by running Facebook ads for local businesses.
In fact, there’s an entire industry built around managing ads for companies.
If this is something you’re interested in, there are many courses you can purchase to learn the ropes.
The courses typically cover how to find businesses that need more local customers, how to create Facebook ads, and how to manage Facebook ad accounts.
14. Get Involved in Groups to Help Others
Another one of the best things you can use Facebook for is building your brand and growing your audience.
While getting involved in groups to help others isn’t a direct way to make money, the more you grow your audience, the more you can make.
Join as many groups as you can and give advice to the group members. While you don’t want to promote your brand blatantly, if you contribute in a meaningful way, group members will investigate you further and ultimately discover your brand.
Make sure the advice you provide is helpful and legitimate as possible. Otherwise, you could ruin your reputation.
15. Create Facebook Live Videos
If you’re not a camera-shy person, the live video feature on Facebook can be another exciting way to build your personal brand.
Since the launch of Facebook’s live video feature, it has become trendy and a great way for influencers and businesses to keep their audience engaged. Not only can it help you build trust, you can also use it as an advertisement space for products and services you sell.
Depending on your purpose for using it, you can also host live question and answer sessions or create fun videos of you or other people testing a product in real-time.
No matter what it is, Facebook’s live video feature is a great way to build your brand.
Additional Ways to Make Money on Facebook
- 1. Sell Affiliate Products
- 2. Become a Facebook Influencer
- 3. Crowdfunding
- 4. Create Sales Funnels
- 5. Host Events
How to Make Money on Facebook FAQs
Here are the most commonly asked questions about making money on Facebook in 2022:
1. How Much Money Can You Make From a Facebook Page?
There are a few factors that determine how much money you can make from a Facebook page, the most significant factor being your follower size. The larger your following, the more earning potential you have.
The second-largest factor is your revenue per thousand impressions (RPM). For example, if you earn a $10 RPM with 1.5 page views per visitor, you will profit anywhere from $5 to $8 per 1,000 visitors.
2. Can Facebook Pay You for Views?
Yes, Facebook will pay you for views. However, you will need a rather large following to earn a substantial amount.
For example, you will need a minimum of 1,000 followers and 30,000 1-minute views on videos that are 3 minutes in length on your business/fan page in the last 60 days to be eligible for Facebook’s “In-Stream” video ad agency.
According to the Social Media Examiner, Facebook’s “In-Stream” ad campaigns generate an average of $8.75 per every 1,000 views.
3. How Do Likes on Facebook Make Money?
Unfortunately, whether they’re likes on a post or likes on a page, they aren’t a direct way to make money on Facebook.
However, Facebook page likes are your guaranteed audience. As a result, the more likes your page has, the larger the audience you can reach without paying for ads.
This, in turn, will increase the potential of how much money you can make from your Facebook page.
4. How Can I Get $500 a Day on Facebook?
The best way to earn $500 a day on Facebook is by running ads. There are many social media marketers who leverage Facebook ads to make $1,000s every day.
If you want to learn how to run Facebook ads by yourself, it will take some time to learn. However, there are many courses that will teach you.
While learning how to run Facebook ads, keep in mind there are three essential elements to a Facebook ad campaign:
- Targeting the right interests
- Having a good ad copy
- Implementing advanced ad strategies
Conclusion on Making Money on Facebook in 2022
As you can see, there are various ways to make extra money from spending time and effort on Facebook. In fact, in 2022, just about anyone can use it to make money. Facebook is one of the most versatile platforms for earning profit online from the comfort of your home.
Depending on the method you choose, you might even be able to make enough money that you can quit your day job. However, which strategies will be the best fit for you will largely depend on your personality and skill set.
I hope this post gave you some great ideas for which strategies will be the best fit for you to make money on Facebook.
Do you know of another way to make money on Facebook in 2022? If you do, we would love to hear about it down below in the comment section.