Social media is huge at the moment and offers savvy entrepreneurs the opportunity to make money with Facebook by promoting their product or opportunity with very little effort. However 98% of people who use Facebook for business purposes i.e. to generate revenue and interest, fail to make money on Facebook. Are you one of them? Let’s see how to make money from Facebook in 2020.
In this day and age with the advent of social media every business person now has access to a global audience, and the ability to connect with real people in order to entice them with whatever it is they are offering.
Unfortunately so many businesses and people go about it the wrong way and as a result achieve very little with their social media efforts, which is a big shame as there are dollars to be made very easily.
Why People Don’t Make Money with Facebook
The key to social media as a marketing medium is in the title “Social”. Facebook is a place where people go to hang out, swap stories and share experiences, not put themselves into a position to be sold to. People hate to be sold to, but they love to buy things. As a business / business owner your job when utilizing social media is to create a buying atmosphere.
Creating a buying atmosphere is as simple as offering real value to your potential prospects, this can come in the form of content that will help solve a problem or help them achieve something. Links to articles, videos and blog posts that will offer valuable information on whatever it is your prospects are looking for is an example of this.
This is a far cry from the majority who use Facebook as a medium for promotion. The majority of people offer no value to prospective clients and constantly spam their walls and inboxes with information about their latest product or opportunity, or constantly update their status in a way that is blatant self-promotion.