How to make money with facebook a tutorial series of posts.
Unless you’ve been living underneath a rock or hiding out in the hinterland of the blogosphere you have by now heard of facebook. ANd want to make money on facebook.

“Facebook is a social utility that connects you with the people around you.”

It certainly is that and it is also a great social media platform for you out there that want to make money online.

Below are a series of how to make money on facebook posts that I have written as a result of a series of experiments and general fooling about with facebook to edumacate you about how you can use facebook to make money..

5 Ways to make money on facebook

1. SELL. Develop applications solely for the purpose of selling them to interested parties. Several applications have already been acquired in this fashion; the most recent example is that of Mozes’ purchase of TextMe.

2. DEVELOP. An indirect source of funds: develop applications under contract for third parties. A number of companies have been posting contract jobs over at the Facebook’s developer forums. There exists a large gap in the supply and demand of available Facebook application developers; as a result, finding potential clients to charge reasonable rates should not be a hassle.

3. ADVERTISING. Use advertisements, cross-promotion schemes and affiliate marketing. It is not feasible to use Google Adsense for this since Facebook does not allow JavaScript embedding. Adsense may be embedded through iFrames, which despite being popular among Facebook developers, is against Google’s TOS. Affiliate marketing is a great alternative to advertisements; my own source of income on Facebook is generated through Amazon’s affiliate marketing.

4. MICROPAYMENTS. Sell services within Facebook through micro-payment transactions. PayPal payments made for accessing premium services could potentially yield reasonable income depending on the application’s purpose, size, and prospective users.

5. GET INVESTMENT. If you think you have something big on your hands and lack the funds to scale it, apply for investment through Bay Partners and others who have expressed interest in funding Facebook apps. This would be the likely course of action for a startup with plans to expand globally within and beyond Facebook.

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The rest of the make money with facebook series

Part 1 leveraging Facebook’s awesome social network

Part 2 How to make money with facebook

Part 3 How to promote your product or an affiliate program with facebook

Part 4  How To use Face book to get your new blog or website indexed and crawled

Part 5 Use facebook to increase your rss feed

Stay tuned Im not done with this series.