Here’s a ridiculously easy business you can run on Facebook using Facebook groups. It won’t take you much time, and it can net you a tidy little profit each month.
Better still, you can create as many of these as you like. Grow them big enough, and you might make far more than $1,000 a month, too.
Plus, you can either do it yourself or outsource the work – it’s up to you.
Here’s how it works: First, create a private Facebook group. This is going to be a free group, and you can do it for any niche where money is spent.
For example, if you’re in the IM niche, you might title your group something like:
– Shortcut copywriting techniques for non-copywriters
– Easy and fast SEO for non-SEO people
– Latest and hottest ways to get tons of traffic to your offer
– Techniques for doubling and tripling your conversions
– Simple methods for building massive emails lists fast
You can populate your groups with free product giveaways, from Facebook itself, as bonuses to other people’s products and so forth. You’re offering a tremendous benefit for free, so it’s not going to be difficult to get members to your groups.
You might even limit the number of members you take since that will make it seem much more exclusive and valuable.
For content you’re going to do one or more of the following:
– Write your own content
– Hire outsourcers to write the content for you
– Get guests to write your content for free
– Use high-quality PLR. Not junk, just the good stuff
Whatever content you use, be sure to break it down into brief daily posts.
All you need is short snippets of content because the members will do the rest of the work for you. They’ll ask questions, respond to questions, give opinions and so forth.
Your group will take on a life of its own, which is terrific. You want to encourage as much interaction as possible to keep people coming back time and time again.
So now the big question is… How do you monetize this?
There are three ways:
First, promote your own products. You’ve got to do this in a very soft, non-pushy way. Done right, you’ll make plenty of sales without turning anyone off.
For example, you might answer someone’s question, then refer them to your product for even more info.
Second, promote other people’s products (affiliate products) using the same method.
Third, if you don’t want to sell products or you want to make even more money, you can sell advertising on the timeline.
If you think about it, you’ve got a highly targeted group of people who are super focused on this one area of interest. Basically, you have a terrific prospect list of active, interested people.
Whether you are selling your own products, affiliate products or advertising, you’re going to make money.
Let’s talk more about getting advertisers. These advertisers would LOVE to convert your members to their deal.
Limit your ads to just one per day, and call them the “Sponsor of the Day.”
Of course, advertisers can book as many days as they like.
Post the ad in the morning and keep it as the pinned post for the rest of the day.
Charge maybe $50 to display the ad for a day, which compares favorably to solo ads.
If you sell all 30 days of the month, you’ve made $1500.
Only allow that one ad per day, and don’t let your members post affiliate links.
How do you find advertisers?
Many times your best source will be from within the group itself. You can also let your email list know about the opportunity, and you can offer your ad slots to anyone who is in your niche and has a product to sell.
I recommend starting one group and learning the in’s and out’s of running this type of business. You’ll need to invest perhaps 15 minutes each morning for adding content and answering questions, and then check back 3 or 4 times during the day.
Once you get a good feel for what you’re doing, expand to related niches and even branch out to completely unrelated niches, too.
And of course, you can outsource the entire process.
While you’re not going to make a fortune from just one group, several groups can yield you a full-time income.