Building a strong brand on Facebook is the dream of many businesses that only a few attain. Businesses that have managed to build a strong presence on Facebook know how to make money on Facebook ads. We look at how you can also promote your brand on Facebook and make money, too.
Top 10 Ways To Make Money With Facebook Ads
There are many ways to make money with Facebook ads. However, we will be considering only the top ten best ways to monetize with Facebook for business.
1. Web Domain Ads
The goal of web domain ads is to draw traffic from Facebook to your website. This is one of the simplest ways to get attention for your brand name on Facebook. These ads are mostly seen and clickable by people who access Facebook through their pc. You should see domain ads displayed on the right side of your Facebook page.
Domain ads include a title, single-line description, and the domain address. Setting up domain ads is extremely easy, cost-effective, and beautiful.
2. Newsfeed Ads
Newsfeed ads tend to take up more space on Facebook than domain ads to create more impression on your audience. You can use more space for description and images to display your brand and product in your audience news feed section. Newsfeed ads also support video for enhanced advertisement. Videos tend to engage more audience than texts and images do. If you need more likes for your page, news feed ads are an option you can count on to deliver.
3. Page Likes
Page likes increase your brand popularity on Facebook. It is a common experience to see pages liked by friends of Facebook automatically suggested to you. Your business page, too, will be promoted in like manner to get you more likes. One advantage of this type of ad is that it supported by all mobile devices and PC.
Page Like ads simply displays your brand name, a little description of your brand, and the Like Page button. Simple but powerful.
4. Page Photo/Video Post Ads
These are exciting ads that can easily engage existing fans and recruit many more. Cool photos are attractive, but nice videos are better for engagement. If you have a new product to display on your page, get a high-quality photo or video of the product. There is space for you to type a brief description and insert a link to the product page.
Facebook records billions of video views daily. Your products can get a good portion of these views, too.
5. Location-Specific Ads
These ads are used to target potential customers or clients who are within a particular location you find important to your business. It is common to see real estate agencies and location-based service businesses utilize location ads.
If you seek the attention of people who are geographically closer to your business, this ad is for you. It automatically displays on the Facebook profile of only those people who are within the geographical location targeted by the advert. Call to action buttons are also available to better engage your audience.
6. Events and Offers
If you are running a promo or exhibition for your business, events and offer ads are better for increasing awareness.
The events ads highlight important things happening in your business location so your audience can be better informed. It is also possible to include offers such as promos and discounts on deals within your business.
7. Multiple Products Display Ads
The multiple product display ad is useful is you want to advertise multiple products or offers about your business. It is similar to page post ads but displays more than one product.
It helps your audience see a robust catalog from which they can pick their choice products.
8. Dynamic Products Ads
These ads are high-level target ads that are very effective for lead generation and sales. Dynamic product ads are displayed based on audience previous visits to your website or apps. It may seem a bit sneaky, but it works. To make this ad effective, you need to upload your product catalog on Facebook. Be sure that the Facebook Pixel on your website is intact. Facebook automatically does the rest of the job once you create and run these ads.
9. Lead Ads
You may have witnessed those awful moments when you lost track of events on your Facebook business page simply because you tried to signup for an offer. Lead ads have been so designed that you can sign up for offers without getting redirected to an external website. This means after signing up for an offer; you can continue to scroll through your news feeds without disruptions.
10. Canvas For Mobile Ads
These ads give more fun to product images on your audience's mobile phones. They get to swipe through product images and view them using directions and zooming functions. Canvas for mobile ads can be seen as an improved version of multiple product display ads.
How to Write Facebook Ads
To make money running Facebook ads requires the mastery of writing Facebook ads professionally. For many people who have not had high expectations of a successful ad campaign on Facebook met, some vital approaches may be missing.
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Empathize when crafting your message
Your Facebook ads should show that you care about how your audience feels. Show in your ads that you have felt this way before so you can build a connection. Once this is achieved, offer your product as a solution to the problem.
You have what your customers need, but you need to locate them within the vast Facebook profiles. Determine who or what your prospect follow on Facebook. This could be celebrities or pages of interest to them. Identify which part of Facebook your prospects visit frequently. This gives insight into where they may be likely to be found. This further lets you know where your prospects are spending money, and as such, gives you more insight into what they value.
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Meet their needs
Now you know where to find your prospects and what they value and need. The next thing is to offer the products they need in efficient ways. They need your product, but you need to be sure they can get it easily when they reach out to you.
Conclusion
As you build a strong brand online, it is also important that you make money posting ads on Facebook. As Facebook marketing evolves, you need to also stay updated to keep your marketing ROI profitable.
Bonus Tip: Dropship with Facebook Ads to Make Money
Doing a dropshipping business allows you to make money with Facebook ads easily. You just need to drive traffic from Facebook to your online store. As long as a customer buys from you, you place an order with your supplier, then, it is your supplier who fulfills the order. Above all, the selection of dropshipping products and suppliers matter.
Make sure to work with the best trustworthy dropshipping suppliers, like SaleYee.com and run your dropshipping business effortlessly while gaining huge profits without running into troubles.
