How to make money on Facebook in Nigeria? Are you living in Nigeria and looking for ways to make money online through Facebook? If yes, this guide is for you.
In this article, I am going to teach you various quick or fast ways how to make money on Facebook in Nigeria.
I will also explain how many Facebook followers you need to make money if your Facebook is eligible for facebook monetization, how to make money or monetize your Facebook page, and much more.
Today Facebook is one of the biggest social media apps if not the biggest but many Nigerians don’t know it. A lot of people think that Facebook is all about making friends and socializing, but that’s not what the app is made for. There are other things you can do on Facebook, especially to make money from it.
Before I start sharing these tips on how to make money on Facebook in Nigeria, it’s important for you to know that your earnings from doing business or working on Facebook depend on how much effort you put into it.
It also depends on your bargaining power and how well you develop as a person.
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How many followers do you need to have before you can make money on Facebook?
It depends on whether it is your personal profile on Facebook, the number of friends or followers does not matter.
However, if it’s your Facebook page or group, you need at least 1,000 followers to make money or monetize the page or group. With this answer, I guess I also answered whether Nigeria is eligible for Facebook monetization.
If you have videos and you think people will like them, you can share them too, you can share them on your Facebook page and monetize the video through ads.
10 Ways On How To Make Money On Facebook In Nigeria
Here are the top ways how to make money on Facebook in Nigeria today. The first on my list is:
1. Affiliate Marketing
Affiliate marketing is one of the fastest ways that many people are now doing on Facebook in Nigeria. Depending on the affiliate marketing program and its payout options, you may need to open a PayPal account, Paystack account, or even use your regular bank account.
There are many affiliate marketing programs that you can join today as a Nigerian both locally and internationally. For locals, you can join Jumia or Konga and for foreigners the most common way to join is Amazon.
There are other popular affiliate marketing programs if you want better options. In case you don’t know what affiliate marketing is, it simply means promoting goods or services online to gain patronage and earn a commission.
After registering on these platforms, you will receive a unique link to track your sales and promotions. Once you reach the required threshold, which can be $100 or more, you can cash out.
2. Buy and Sell Facebook Pages/Groups
Many people don’t know that this is how some Nigerians make money on Facebook. Just in case you haven’t heard about buying and selling Facebook pages to make a quick buck, let me say that this type of online business does exist.
So many individuals sell their pages or groups for different reasons. Some even expand their sites just to sell them.
How much you sell your Facebook page or group depends on how many likes or followers the group has. It also depends on the commitment of the group and how old the group is.
There are groups on Facebook where people buy and sell groups. You can search for these groups by using the search bar on Facebook. For example, you can buy a group for #10,000, keep it for a while, and sell it at a higher price over time.
Note: It is very important that you are careful when buying and selling groups on Facebook to avoid being scammed out of your money. It’s best to use groups that are heavily moderated to search for sellers.
3. Sell your own products
This is another best way to make money from Facebook in Nigeria. You can easily switch your business from offline to online. The best part is that you don’t have to rent a shop as long as you have space in your apartment.
Whether its clothes, shoes, phone accessories, or anything, you can easily sell these products on Facebook to make money from orders.
To convince your Facebook friends to buy these products, you can simply post pictures and videos of these products with a short post about their features.
The more friends you have on Facebook, the bigger your patronage will be and the more money you’ll make. The most popular items Nigerians sell on Facebook are clothes and laptops.
These two items are lucrative to sell online.
4. Become a Facebook influencer
Many people think that you must have a Facebook page or group before you can become a Facebook influencer, but that’s not true.
If the number of your friends on Facebook has reached the maximum limit of 5000, you are already a Facebook influencer.
In fact, you are a celebrity regardless of the quality of the people you have as friends. After you reach the 5000 friend limit, you can open a page or group to further increase your followers.
What are the benefits of becoming a Facebook influencer?
Well, there are many benefits, but the main one we look at is how easy it is to turn fame into cash. As a Facebook influencer, you can get paid to promote goods and services.
Another great benefit of being a Facebook influencer is that you regularly receive gifts from advertisers just for promoting them. These two benefits are called benefits in cash and benefits in kind.
How much you make as an influencer on Facebook depends on so many factors and your packaging.
5. Become a page or group moderator
This is another way to make money from Facebook in Nigeria. There are groups and pages on Facebook looking for moderators and admins.
These moderators are responsible for overseeing the group and making sure everything is running smoothly, even when the owner is offline or busy. The group moderator always checks for spam comments or posts.
He or she will check the group for any insults or abuse. The group moderator also oversees the group’s analytics.
You can apply to be a moderator in any Facebook group or in the admin area. These groups can be local or international groups. If it is a local group you will be paid in naira, if it is an international group you will be paid in dollars via PayPal.
How much you earn as a moderator or admin depends on many things. I.e. your experience, bargaining power, and more.
6. Direct traffic to blogs and YouTube channels
Another way to make money from Facebook in Nigeria is by driving traffic to your blog or YouTube channel. If you have a Page or individual account with a lot of likes or friends, you can use those friends or followers to drive traffic to your blog.
If the blog is monetized with Google Adsense or another ad serving program, and you direct readers to the blog simply by posting links to articles, your ad revenue will also increase as traffic increases.
How much you earn using this method depends on many factors such as B. the countries where your readers come from. For example, if your readers are from the US or some other advanced country, you will surely earn more.
If you don’t have a blog or YouTube channel, you can still make money by driving traffic to other people’s blogs or YouTube channels.
7. Get paid to invite people to groups
Whether you are a Facebook influencer or not, you can get paid to invite your friends or followers to groups or pages on Facebook. This is another way to make money on Facebook.
How much you pay for each friend or follower depends on how much the group admin is willing to pay you. You can search for these groups using the Facebook search bar and start negotiating.
8. Monetization of Facebook Creator Studio
This way of making money on Facebook in Nigeria is basically for people who have groups or pages with big followers or likes.
You can make money from Facebook creator studio monetization. Facebook Creator Studio is like Google AdSense for blogs and YouTube monetization.
For Facebook Creator Studio, you can earn money from the content you share in your Facebook group or page, whether that content is videos or articles.
9. Use Facebook Marketplace
This is another way for business people to make money on Facebook. Just in case you don’t know what Facebook Marketplace is, it’s simply a place on Facebook that brings together buyers and sellers who are in the same location (geographical location) to meet for business purposes.
Facebook Marketplace allows you to share your product listings with others and be patronized.
10. Create Facebook ads
As a Nigerian who understands how Facebook ads work, you can actually make money on Facebook by helping individuals and small businesses create ads.
A lot of people do this as work, they help people and businesses create Facebook Ads for their products and services to increase their Page’s conversion rate and product patronage.
Conclusion
Thank you for reading my guide, there are many other ways how to make money on Facebook in Nigeria, but these methods I just listed and explained are the fastest common methods.
Get started with it today, best of luck.