We’ll be telling you how to monetize your Nigerian Facebook page regardless of the size of your page.

1. Sell products or merchandise:

There are numerous advantages to this, even though it doesn’t offer the same steady source of income as memberships and courses do. The largest advantage is that you may virtually totally outsource this task.

Drop shipping is becoming more and more common. With this approach, the vendor employs outside parties to manufacture, package, and deliver the goods straight to the buyers. You’ll probably be able to locate a drop shipper (a business that dropships products) that can almost handle the whole supply chain whether you’re selling mugs or t-shirts.

The only thing left to do is market the products to your target market. With most drop shippers allowing you to only pay when things are sold, this has an extremely low entrance barrier.

2 Building a quality page:

A high-quality page should be the cornerstone of any successful Facebook monetization strategy. Start with a cover photo and profile that accurately represent your brand and are straightforward and engaging. Make sure your “About” section is thorough, outlining your goals, mission, and the value you provide to your readers.
Whether it’s educational blog entries, captivating videos, or interactive polls, consistently provide interesting material that speaks to your audience’s interests.

3 Selling online courses:

The global eLearning market was estimated to be worth an astounding $107 billion in 2015; by 2025, it is projected to reach a remarkable $325 billion in total market value. It’s evident that people are more inclined than ever to make educational and personal investments. This has been made much more intense by the global pandemic.

There is opportunity for everyone to make money, whether it is through yoga instruction or a special specialized community.

Keeping this in mind, monetizing your Facebook following can be accomplished through the addition of an online course or private member community subscription. Additionally, this establishes a recurring revenue model because your audience is paying for their membership each and every month, as opposed to selling a product, where a buyer just makes a single purchase.

4. Sell digital content:

There is no reason why you can’t provide your Facebook fans digital content if you have a specialty. People in the health and nutrition sectors are big fans of eBooks; many of them sell recipe books and exercise manuals.
If you’re interested in meditation, you can even sell audio or video content that walks people through guided meditations.

5 Facebook Ads:

Making use of Facebook Ads is an essential first step in becoming profitable on the network. You may use its precision targeting to show your content, goods, or services to the audience that is most likely to interact with it or make a purchase. Higher returns and more effective utilization of the advertising budget are the outcomes of this.

Establish precise revenue targets for your advertising initiatives first. Would you like to send readers to a blog that makes money? Encourage the sale of goods? perhaps promote views for videos that have in-stream advertisements? Once the goal has been established, explore Facebook Audience Insights in great detail. With the abundance of information provided by this tool, you may create advertisements that appeal to the tastes, passions, and actions of your target audience.

By leveraging the power of Facebook Ads in your monetization strategy, you amplify your potential to generate revenue and ensure the sustainability of your online endeavors.

6. Send traffic to affiliate marketing sites:

Affiliate marketing works on the basis that you promote other people’s products and get paid a commission if a customer purchases a good or service after visiting your website.

If you plan to use affiliate marketing, starting a blog will give you the best results because it will give your audience valuable content and enable you to make money either through sidebar or within blog posts.

Blog entries don’t have to be lengthy; they just need to be useful to your target audience, depending on your niche. Blog Writing Services UK, a blog writing subscription service, suggests that although posts should ideally be at least 1000 words long, they can be as short as 500–1000 words if they are in more visually-heavy industries like food or fashion and will mostly use photographs.