The good news? Facebook is rolling out new and exciting ways to make money, largely aimed at entrepreneurs and creators with Facebook followings. Whether you’re looking to make some extra money on the side or find more customers for your existing business, here are six ways you can monetize your Facebook audience in 2023
A referral program offers existing customers an incentive each time they successfully refer someone they know to your company. The incentives vary from program to program – common incentives include one-time discounts, store credits, a gift card, or a service upgrade.
The key participant of a referral program is the customer (or advocate). The advocate shares a unique referral link with family and friends, which traces every referral back to the advocate who made it. When a referred friend makes their first purchase, the advocate earns the incentive as a thank you for bringing in the new business.
No matter what niche you’re in, there will always be competition. However, you can use this to your benefit by staying updated with what they’re creating.
Clear description of who you are.
Contact page.
Small chunks of information.
Easy mobile navigation.
Customer testimonials.
You published a well-written blog post and expected (and hoped) others to see, read, share and comment on it. But instead, you got NOTHING. It would seem like no one is even paying attention to your blog, let alone read your article and share it.
Creating personalized content.
Collecting feedback and surveys.
Improving sales.
Communicating with your audience.
Generating traffic to your site.
Providing more value to your audience.