How to Earn Money with Facebook
What are "social ads"? if you've been spending time on Facebook, you've probably seen some of the items on this item. Apart from the banner ads, wh...
What are “social ads”?
if you’ve been spending time on Facebook, you’ve probably seen some of the items on this item. Apart from the banner ads, which are very expensive and reserved mostly for large enterprises, social ads are a quick and affordable for anyone who wants to come to market Facebook. These ads appear either on the left side of the page or, more recently, may also appear on the user’s News Feed, and tie in the activities of his friends
Please understand that without the step by step guide (which has been about 7 months of work) I’m about to show is likely to crash and burn the first time I tried to use these ads. It is so easy to make a profit as you think, or as some of these scammers others do it to be. Of course, quick to install, but you can lose money quickly. So be careful and not go to read the following guidelines and advice.
How many ads of Social Work
In Facebook’s advertising system is or CPC (cost per click), which means you pay a fee each time someone clicks on your ad, or CPM, which charges for impressions (the number of times your ad is displayed). The first time after the announcement, which purchases on credit account to be allocated to the clicks. For example, if each click costs $ 0.50, so you can buy $ 20 credit to get 40 clicks. Your ad will continue running until you get all clicks and your credit is depleted. You can recharge your account if you wish, and you can also change your ad after it runs its course.
When your ads, Facebook will track statistics for your ad with a tool called Facebook Insights, gives you reports on the number of impressions, clicks, and other parameters useful to help you find ways to improvement.
Why Social Ads do not always work
Ads on Facebook are usually slightly more expensive than most of the CPC or CPM ads, both due to advertising, but also because it can guide your very specific audience. The only problem with targeting your audience is that not all audiences respond well to the Facebook social ads, regardless of how good your ad. This is one reason why they lost money from the start when I tried to ad platform. And so you can see articles on the web about how the Facebook social ad platform is not effective – because it is ineffective for certain categories.
How you can benefit from Social Ads
There are a few select groups of people who respond well to ads – I’ll show you exactly which categories of work and which do not. Your ability to benefit also depends on how this announcement, as the title, picture and description. Writing ads is a skill that requires experience. Luckily for you, you can skip the learning curve and everything just follow my advice.
You have to design the ad to create more revenue than it costs to run the ad. The first step is to find a way to make a profit, and the second step is to maximize this benefit. You have to realize that, depending on the category of ads, there may be a limit to the amount of benefits that can be done. Do not believe the claims about people making $ 3000/day BS is not going to happen. Especially now that Social Ads have been around for a while, there is much competition within certain categories, so it reduces the amount of potential gain (due to more competition increases the cost of ads). You have to know which categories to promote and how to promote them.
Choose a category promotion
Now that you have a general understanding of how the ad platform of social work, has to find what you want to advertise.
You are not allowed to promote certain products such as ringtones, software downloads, alcohol, snuff, and all that good stuff. and some other things. Sure to check out the Facebook Advertising Guidelines for exact details because they may have changed since this goal has been written.
As I mentioned earlier, certain categories simply do not work. When I say a category “not working” I mean you lose money with him. A more effective make more money than you are paying for the ads, so they turn a profit. With that said, here are the three categories that really work:
> Online Dating sites
> Health / Diet / Fitness
> Money Saving related
Where to get products (to promote)
Do not worry, you do not have to sell their own products, all you have to do is post links to affiliates. Here are some affiliate programs and networks that can be used very effectively with Social Ads.
Online dating sites
> SinglesNet (publishers.singlesnet.com / Registration)
> Mate1 (mate1.com/affiliates)
> True (true-affiliates.com)
> SpicyOrSweet (copeac.com / members / signup.asp)
Health / Diet / Fitness
> ClickBank (clickbank.com)
Save money related
> ClickBank (clickbank.com)
How social an ad
It’s time to do your first ad. In my guide, I give step by step detailed instructions on how to create and write an ad for each category, but here is a basic description of how Social regularly publish a notice:
To start, click here to create a Facebook ad
1. Beginning
Enter your affiliate code in the web space like this
2. Choose Public
You can target your audience by location, gender, age, interests, keywords, educational level, workplace and relationship status and interests. Your ad will be shown only to people who fit the description you set. The focus is useful, but it depends on what you are promoting.
3. Create Ad
Add a title (up to 25 characters), description (up to 135 characters) and add a photo! Here’s a little trick of the photo that most people do not realize – the photo gives additional space 110×80 pixels of extra space to be exact. There is no rule against putting text in your image. If you have an image editing software, be sure to add text to large size, bold image. This will make your ad more effective. I could be wrong, but I have yet to see anyone else do this other than myself.
4. Set the budget
Since this step is a little more, I will cover in depth in the next section.
Setting up your bids, budget and profit calculation
To set your budget, you have to figure out some things. Here are 4 simple steps to follow:
1. Income Potential
Calculate how much commission that will convert a single ad, or find out what your minimum fee would be. For example, if you are using a ClickBank product, usually gives you this number with the name in the market, as shown here.
2. Average Costs
Look at those suggested by your cost per click, which is based on the content of your ad. This means that you are going to compete with other people who are trying to show ads similar to yours, so you need to bid a minimum and maximum. I recommend bidding slightly higher than average.
For example,
(bid range / 2) = ($ 0.35 + $ 050) / 2 = $ 0.425
Therefore, if the average cost per click is $ 0.425, you must bid $ 0.44-$ 0.45. If the offer ends up costing less, he discounted the difference, so do not worry about making a high bid.
3. Potential Clicks
This depends on your budget, procurement, and conversion potential of the product. Continuing with the example above, suppose you set your budget to $ 15. There is a minimum $ 5, but generally do not wish to be placed above your income potential (which in this case is $ 20.99). You will need to find out how many clicks you can get your budget:
(Budget / Cost Per Click) = ($ 15 / $ 0.45)
Therefore, if you set a budget of $ 15 and pay $ 0.45 cost per click, you get 33 clicks.
This part requires some estimate. You do not know how many of those 33 clicks will make you money, so you have to guess and hope that you are right. There is no way to know for sure unless, a) ask the person selling the product, or b) start running some ads and get statistics of your ClickBank account, which will give you an idea of how to convert certain products. The “conversion” is the ratio of clicks to sales, usually expressed as a percentage.
Usually you are safe to assume that the conversions are less than 5%. That is, a total of 33 clicks, less than 5% of them will buy the product. Of the 33 clicks, 5% is equal to 1.65. Since you can not have 1.6 people, or 1.6 sales, you have to assume the worst case-scenario, which is 1. ALWAYS round with the lowest number to avoid losing money.
According to its budget of $ 15, you will receive 33.3 clicks, and sales in January, for which he will receive $ 20.99 commission. Your profit is the least your commitment to your budget.
Commission – Budget = Earnings
$ 20.99 – $ 15.00 = $ 5.99
This is the absolute worst case-scenario, and I recommend you observe your ads from this perspective, to ensure the benefits. Sure, $ 6 is not much, but you have to realize that the time you have a gain, no matter how small it is, all you have to do is increase your budget and you can increase your profits.
The most important thing is to find a consistent ad to make a profit, do not be fooled by how little it seems. I could go into more in-depth analysis of ads, but it really depends on everything. You have to play with the text in their ads to try to reduce their range of offerings, while finding products to promote with the best conversions.
Enjoy the extra money!
Now that you know how to make money with Social Ads, you can enjoy a few hundred dollars of additional revenue each month. Hope you like the lens. Please leave me your comments and suggestions!
For more tips on how to make money with your Facebook profile, with groups, and other ways to make money on Facebook, feel free to try my guide, make money with Facebook, free for 30 days. I guarantee you will not find anything like it throughout the Internet.
Also be sure to visit my blog for more tips to increase your profits Facebook and improve your overall experience on the site!
