BCMblog - Confessions of a Serial Entrepreneur

So i don’t know if you heard, but there is this little site called Facebook?

Yes it’s growing quite fast and as always anything that is growing means that there is probably a way to make money off of it and thats our goal.

So here is my top 5 ways i make money off of facebook.

5) RSS Feeds - Facebook allows you to import your rss feeds from your blog so you can send your friends to your posts, which should have at the least advertising or affiliate deals, what i prefer to do is find some pics non nude but sexy of 1 specific girl (use myspace) make a profile and add as many friends as possible put your status to single and then write posts about being single and how you love to meet new people, on such services such as match.com or yahoo personals. The goal is to send them to these pages and get them to sign up under your affiliate code. This generally only works on guys.

4) Posting a link - with Facebook you can post a link now you only wanna do this on your “spam” facebook account but the link and title should have nothing to do with each other, i.e “funniest video ever” then it forwards to a dating site or a splog with some youtube video’s and a bunch of advertising, use your brain to come up with more ideas, but this is number 4 on the list because of the low CTR your link will get.

3 ) Develop a App to Advertise - Build your own unique app or get someone at Elance to do it for you, either way your objective is to spread this thing like wild fire, make something catchy and when it become popular ad advertising on the page.

2) Flyers - Flyers are the newest phenomenon on facebook they allow you to make a cpc or cpm campaign on facebook, think of this like a Google Adwords program, but this is a highly targeted campaign you can of course sort by country and keyword, but you can also sort by Age, Gender, School and many more options, this is going to be a huge money maker. I will be writing a more in depth article about this soon. For right now though you can only spend $50/day unless you sign up for multiple accounts. There are a couple people out there making a few hundred dollars a day from this, this market is in it’s infancy so wait for this baby to grow then push it to the limit.

1) App’s for sale - Again this goes back to app development but this is the biggest way to make money and could potentially make it so you never work again. Your idea must be viral and before you build it you should have a few target companies in mind to buy it. Consider the Where i’ve been App on facebook reportedly tripadvisor bought it for 3million although they claim it’s untrue, it’s true they bought it, it was probably for 2.9 million

So there are my top 5 facebook money making ideas as the site develops so will ways i’m going to make money off of it, but i will as always keep you updated, stay tuned for tomorrows post about “how to make money off dead people” it should be a good one =)

You have a way you make money off facebook share it in the comments. Lets build this community!

Friday, September 21st, 2007 at 8:16 pm and is filed under Make Money Online. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.