Facebook - Can You Really Make Money On Facebook?

Facebook is a great place to hangout but can you really make money there?
By: M.T. Smith
 
Nov. 7, 2011 - PRLog -- First a little background:


Facebook is a social networking service and Web site launched in February 2004, operated and privately owned by Facebook, Inc. As of July 2011, Facebook has more than 800 million active users.  

Users must register before using the site, after which they may create a personal profile, add other users as friends, and exchange messages, including automatic notifications when they update their profile. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics, and categorize their friends into lists such as "People From Work" or "Really Good Friends".

The name of the service stems from the colloquial name for the book given to students at the start of the academic year by some university administrations in the United States to help students get to know each other.

Facebook allows any users who declare themselves to be at least 13 years old to become registered users of the site.

Facebook was founded by Mark Zuckerberg with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz and Chris Hughes. The Web site's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University.

It gradually added support for students at various other universities before opening to high school students, and eventually to anyone aged 13 and over. However, based on ConsumersReports.org on May 2011, there are 7.5 million children under 13 with accounts, violating the site's terms of service.

A January 2009 Compete.com study ranked Facebook as the most used social networking service by worldwide monthly active users, followed by MySpace.


So here's the question can you really make money on Facebook?

The people who tell you that you can are usually doing the following:

- selling you a book on advertising on Facebook
- offering to place your ad on Facebook
- trying to get you to place their ads on your Facebook page


Here are the challenges:

- Unlike eBay (and there's a big hint) most of the people hanging around on Facebook are NOT looking to buy anything. They are there to socialize.

- Facebook is serious about filtering any ads that are placed there. If you don't like Google's restraints on advertising you are in for a ruder awakening at Facebook.

Your best bet may be to redirect someone to your other sales pages from your Wall or create a compelling offer that triggers a Viral Marketing Effect. (Like we have with the fun offer below).


*********************************

Special Sponsor Offer - Get a Brand New Amazon Kindle for Only One-Dollar

http://mlwblog.com/Amazon/
End
Source:M.T. Smith
Email:***@moonlightwealth.com
Tags:Facebook Ads, Facebook Singles Dating, Facebook.com Ads, Advertise On Facebook, Facebook Dating
Industry:Facebook Ads
Location:United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
A Familiar Murder PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share