How do people make money in Facebook?

[silent maverick]

Hello everyone, I'm just wondering, how do people make money in facebook? I've been reading it a lot, a lot of craze of some sort. I'm just clueless, how do they do it??

Any ideas??

[Bloggeries]

I don't think most people make money actually ON facebook. It's more a marketing tool as it has such a high concentration of users.

Example:

http://apps.facebook.com/rss-feed-reader

That app I give out free. It has 420 installs + right now. Problem is my RSS isn't updating 100% so I only have around 50 active users at any time. It's a cool tool to add your blog but has "Powered by Bloggeries" at the bottom and you can click through to bloggeries. Since everyone installing it is a blogger chances are those coming through are targeted traffic. That's why I had the app built.

I've heard that paid advertising on facebook isn't so hot.

You may wish to read this:

Web 2.0 Expo - Facebook Marketing Best Practices | Online Marketing Blog

I hope this helps,

[The University Kid]

Facebook Ads + CPA or Facebook Apps + CPA.

I know a couple people making a few hundred a day

[Bloggeries]

What are you referring to with CPA Cost Per ?

[liquidkiddie]

Cost Per Action or Cost Per Acquisition generally. Both mean the same - when people sign up or buy something.

[The University Kid]

Aye, cost per action. Generally people use email submit / zip submit offers.

For example, take a look at one of those pet applications - they'll have that you can do x, y, and z to get your pet grow so much daily. Some people want their pet to grow faster, so they'll be an offer fill in this form to get x points extra or similar.

If you get what I meant, that's a base model for making money with Facebook apps

[Bloggeries]

So basically you can do actions daily to "grow" or just pay money to fast track it?

[Harald Johnsen]

Originally Posted by The University Kid

Aye, cost per action. Generally people use email submit / zip submit offers.

For example, take a look at one of those pet applications - they'll have that you can do x, y, and z to get your pet grow so much daily. Some people want their pet to grow faster, so they'll be an offer fill in this form to get x points extra or similar.

If you get what I meant, that's a base model for making money with Facebook apps

Haha, this made me laugh, it's just incredibly amusing to think what people get up to to grow their Facebook application pets. What a world.

[The Smile Guy]

What in the world is FaceBook?

[FELEX84]

Basically ,there are few ways to make money on Facebook.

1)If you have an idea,you can develop an application ,then monetize it on Facebook.

2)You can advertise through Facebooks ads via ppc ,it is just like Googe ads but your ads are within a specific country only.

3)You can sell products at Facebook market place for FREE posting.

4)Add Deal dot com app at your facebook profile.

5)You can create your own page and promote your own products .