E20. How to Make Money on Facebook

It's great to have hundreds and thousands of followers on Facebook. But how many of them become your customers?

You see, it doesn't matter if you have a huge audience if they aren't actually becoming your customers. And when I say customers, these are people who actually bought from you in one way or another. 

So, how do you monetize your social media efforts on Facebook? Listen to my latest podcast episode!

Listen to the Podcast Episode

Most entrepreneurs and small businesses have a Facebook presence but so few of them know how to properly monetize their efforts. 

They lack the strategy. And that's what I'm going to share with you today.

You might be doubtful so let me tell you that when I followed this simple strategy, I made 6-figures a year with as little as 3,000 Facebook followers on one business page.

So yes, it definitely works!

There are 3 simple components to monetize your Facebook presence.

1. You need a regular traffic pattern. 
2. You need a lead magnet.
3. You need to plan regular launches.

How exactly does this strategy work? I shared everything in my latest podcast episode so be sure to listen until the end! 

Here's a preview of the episode:

[1:40] Social media at its fundament is exposure to your mission and your brand. The goal is to turn social media traffic into contacts on your list.

[4:20] When you're making money doing social media and doing it where you are generating revenue, that's the easiest way to grow a following.

[6:16] You need to know where followers are going when you're not actively promoting or launching something specific.

[11:52] If you have a regular traffic pattern, you direct attention to your lead magnet.

[12:42] When you position a lead magnet really well, it's you doing your audience a favor. It's you being generous, it's you having done the research and you paying attention to their needs.

[14:03] Launch is a designated period of time where you actively promote an offer.

Whenever you feel discouraged, just remember that everyone started from zero. Even I did. 

Afraid of technology? Don't be! My tech quickie startup guide will help you out! You can download it for free HERE! http://donovanrising.com/tech

Concern about what you're going to sell or launch? I’ve got a free guide that will teach you how to monetize what you know. Download it at donovanrising.com/plan

If you can follow this simple strategy and start generating consistent revenue, then you just scale what you're doing and you'll find yourself growing a lot more influence, having more impact, and experiencing more revenue in your business. 

I believe in you. If I can do it, so can you.

All the best,

Andrew

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 The Universe Has Your Business: How to Make Money on Facebook