Ways to Make Over 5000 Naira Daily on Facebook In 2023

 

In today's digital age, Facebook isn't just a platform for connecting with friends and sharing cat memes; it's also a goldmine of opportunities to make money, especially in Nigeria. Whether you're looking to earn a little extra cash or want to turn Facebook into a substantial income source, this guide will walk you through various methods to potentially make up to 5,000 Naira or more daily on Facebook.

1. AFFILIATE MARKETING

Affiliate marketing is a booming income source globally, and Nigeria is no exception. It's a simple concept: you refer people to buy products, and in return, you earn a commission. While many affiliate marketers promote products on websites, you can leverage Facebook's vast user base to reach a broader audience.

• Create a Niche Account/Page: Focus on a specific niche to build a loyal following gradually.
• Sign Up with an Affiliate Network: Some networks require a fee.
• Share Affiliate Links: Attach affiliate links to your Facebook posts.
• Engage and Boost Posts: Use Facebook ads to increase engagement and maximize earnings.

2. SELLING PRODUCTS ON FACEBOOK MARKETPLACE

If you're already in the business of buying and selling, Facebook Marketplace is a fantastic avenue to increase your daily earnings. This feature allows you to list and advertise items for sale to Facebook's massive user base.

• Leverage Facebook Marketplace: List your items for sale.
• Reach a Broad Audience: With billions of users, your products have vast visibility.

3. FACEBOOK SHOP

If you run a business, you can transform your Facebook page into an online shop. Even if you don't have a page yet, creating one is a straightforward process.

• Set Up a Facebook Shop: Turn your page into an online store.
• Leverage Facebook's User Base: Attract potential customers and increase sales.

4. USE FACEBOOK AS AN ENGAGEMENT TOOL

Facebook offers excellent engagement opportunities. If you already have a blog or website, harness this engagement to boost traffic.

• Share Website Links: Share links to your site, and consider using link shorteners.
• Monetize with Ads: Earn from ads your visitors see when clicking on the links.

5. SOCIAL MEDIA MANAGEMENT

If you possess social media skills, you can work as a social media manager for brands, helping them manage their pages and posts.

• Offer Social Media Management Services: Leverage your skills and Facebook expertise.
• Get Paid for Your Services: Brands value social media expertise.

6. SOCIAL MEDIA INFLUENCING

If you have a strong following on your Facebook Page, you can monetize it by partnering with brands to promote their products or services.

• Become a Social Media Influencer: Build a substantial following.
• Collaborate with Brands: Get paid to promote products to your followers.

7. JOIN COMMERCE GROUPS

Facebook groups facilitate connections among people, and many focus on buying and selling. By joining these groups, you can connect with potential buyers.

• Join Buying and Selling Groups: Connect with potential buyers in your area.

8. FACEBOOK ADS AND SPONSORED POSTS

If you're a content creator or run a blog, you can monetize your Facebook presence by running ads and sponsored posts. Businesses are willing to pay for exposure to your audience.

• Create Engaging Content: Build an audience through valuable content.
• Collaborate with Brands: Partner with companies for sponsored posts.
• Utilize Facebook Ads: Boost your posts or run targeted Facebook ads for added revenue.

9. ONLINE SURVEYS AND MARKET RESEARCH

Several online survey platforms pay users for participating in surveys and market research. You can share these opportunities with your Facebook friends and followers, earning a commission for each referral.

• Sign Up with Survey Platforms: Register on survey websites that offer referral programs.
• Share Opportunities: Inform your Facebook network about these earning opportunities.
• Earn Commissions: Get paid for each referral who participates in surveys.

10. Facebook Live Sales

Facebook Live has become a popular platform for direct sales. If you have a product to sell, consider hosting live sales events where you showcase and sell your items in real-time.

• Engage Your Audience: Interact with viewers and answer their questions.
• Promote Your Products: Showcase and sell your products during live sessions.
• Build Trust: Establish trust and authenticity with your audience.

11. Facebook Instant Articles

If you're a blogger or content creator, Facebook Instant Articles can boost your earnings. This feature allows you to monetize your articles directly on Facebook.

• Enable Instant Articles: Set up Facebook Instant Articles for your blog.
• Monetize Your Content: Earn money through ad revenue from your articles.

12. OFFER FACEBOOK ADS MANAGEMENT SERVICES

Many businesses struggle with managing their Facebook ads effectively. If you're well-versed in Facebook advertising, offer your services to local businesses and entrepreneurs.

• Become an Ads Expert: Learn the ins and outs of Facebook advertising.
• Help Businesses Reach Their Goals: Assist businesses in achieving their advertising objectives.
• Charge for Your Services: Earn by managing Facebook ad campaigns.

13. START A FACEBOOK GROUP

Creating a Facebook group around a niche you're passionate about can lead to monetization opportunities. As your group grows, you can offer exclusive content or products to members.

• Build a Community: Establish a thriving community around your chosen niche.
• Offer Premium Content: Create premium content or products for members.
• Charge Membership Fees: Charge members for access to exclusive content or benefits.

14. FACEBOOK GAMING AND STREAMING

If you have a passion for gaming or other live-streamed content, consider using Facebook Gaming as a platform. You can earn money through ads, donations, and sponsorships.

• Stream Your Content: Share your gaming or live-streamed content on Facebook Gaming.
• Monetize with Ads: Earn from ad revenue and viewer donations.
• Attract Sponsors: Partner with sponsors for additional income.

15. VIRTUAL ASSISTANCE 

Many businesses and entrepreneurs look for virtual assistants to help manage their social media accounts, including Facebook.

• Offer Virtual Assistance Services: Assist clients in managing their Facebook presence.
• Schedule Posts: Create and schedule engaging posts for clients.

• Provide Analytics: Offer insights and analytics reports to improve clients' social media strategies.

Incorporate these strategies based on your skills, interests, and resources. Remember that building a sustainable income on Facebook takes time, dedication, and a genuine approach to engage with your audience. Whether you're looking for a side hustle or aiming for a full-time online career, Facebook offers various avenues to increase your daily earnings in Nigeria.