How to Make Money on Facebook

Who hasn’t heard about Facebook? Whether you are a member, a fan, or a skeptic, chances are you have probably heard about this popular social networking site that now boasts over 600,000,000 member profiles.

That’s a lot of friends, and the numbers are still soaring toward nearly one tenth of the planet’s total population. With that many people milling around on the biggest online social network, its not surprising that people have figured out some pretty creative ways to make money on facebook.

Facebook is no longer just a place where you go to “like” your friends’ posts, find lost cousins, and reconnect with high school sweethearts. It’s now become an effective marketing network that totaled nearly $2 billion in advertising in 2010, and according to one source, that number is expected to reach nearly $4 billion in 2011.

There are a number of ways that you, too, can learn how to make money on facebook. One such method is good old fashioned retail – with an electronic twist.

Just as people buy and sell on popular sites like Craigslist and eBay, many users are now conducting the same kind of business on face book.

On facebook, buyers and sellers can interact with each other in very specific niche markets of their choosing. Its quite easy to do. By posting a photograph of the item that you want to sell, along with a description and the price, you are instantly advertising to everyone in your network.

If any of the other members are interested in what you have to sell, they post a comment in reply.  To close the sale with an interested buyer, you can simply send an invoice via PayPal to your friend’s email address, and then ship the item after you’ve received their payment. No muss. No fuss.

Whether it is collectible comic books or custom scrapbook pages, members are connecting in unprecedented numbers. Users send over 200,000 messages every minute, and share 50,000 links with each other in that same amount of time.

There is also available by Oodle, a facebook marketplace application, which is gaining in popularity by serious sellers. And if you already have an established eBay store, you can install a facebook eBay app, which will display all your eBay merchandise to your facebook friends. And people on facebook really interact with each other, so if a seller is not reputable, word gets around pretty quickly.

This is just one of the ways in which you can learn how to make money on facebook.

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