Interested in learning how to make money on Facebook in Nigeria? If you live in Nigeria, read this article all the way through, I researched the best possible method to make money on Facebook while living in Nigeria.
In this article, we will be covering different fast ways to make money on Facebook in Nigeria.
I will also be explaining how many Facebook followers you need to make money, whether Facebook is eligible for Facebook monetization, and how to make money or monetize your Facebook page and more.
Today, Facebook is one of the biggest social media apps if not the biggest but many Nigerians do not know.
There are many uses for Facebook, especially for making money. Most people think the app is only for making friends and socializing, but there are many other things you can do with it.
Before I start sharing these tips it is important for you to know that how much you make doing business or working on Facebook depends on how much effort you put into it.
It also depends on your bargaining power and how well you continue to develop yourself as a person.
As for how many followers you need to have before you can make money on Facebook? It depends, if it is your personal profile on Facebook the number of friends or followers does not really matter.
But if it is your Facebook page or group you will need at least 1,000 followers to be able to make money or monetize the page or group. So with this answer I guess I have also answered if Nigeria is eligible for Facebook monetization.
If you have videos and you feel people will like you can also share them, you can share them on your Facebook page and make money from the video through ads.
Here are the top ways on how you can make money on Facebook in Nigeria today.
How To Make Money On Facebook In Nigeria (2022)
1. Affiliate Marketing
Affiliate marketing is one of the fastest ways many people are now making on Facebook in Nigeria.
Depending on the affiliate marketing program and their pay out options you might need to open a PayPal account or paystack account or even use your normal bank account.
There are many affiliate marketing programs you can join today as a Nigerian both local and foreign. For the locals you can join Jumia or Konga and for foreign the most common one you can join is Amazon.
There are other popular affiliate marketing programs if you want better options. In case you do not know what affiliate marketing means it simply means the act of promoting goods or services online to convince patronage and earn commission.
After registering on these platforms you will be given a customized link to track your sales and promotion.
Once you reach the required threshold this could be $100 or more you will be allowed to cash out.
Affiliate Marketing is a way on how to make money on Facebook in nigeria.
Best niche for affiliate in Nigeria
- Smart phones and laptop
- Make Money online
- Digital marketing tools and software
- Home appliances and electronics
2. Buy and Sell Facebook Pages or Groups
Many people do not know that this is how some Nigerians make money on Facebook. Just in case you have not heard of the buying and selling of Facebook pages to make fast money, I would like to say this kind of online business exists.
So many individuals sell their pages or groups for different reasons. Some even grow their pages just for the sole purpose of selling it.
How much you sell your Facebook page or groups depends on how many likes or followers the group has. It also depends on the engagement 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 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 as time goes by.
Note: it is very important that you are watchful when buying and selling groups on Facebook so that you will not be swindled of your money. It is best for you to use groups that are highly moderated to look for sellers.
3. Sell your Own Products
This is another best way you can make money on Facebook in Nigeria. You can simply move your business from offline to online.
The best part about this is that you do not need to rent a shop as long as you have space in your apartment.
Whether it is clothes, shoes, phone accessories or anything you can simply 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 more your patronage will be high and the more money you will make. The most popular items that sell on Facebook in Nigeria are Clothings and Mobile Phones.
4. Become a Facebook Influencer
Many people think you need to have a Facebook page or group before you can become a Facebook influencer but this is not true.
If the number of friends you have on Facebook has reached a maximum limit of 5000 friends you are already a Facebook influencer.
In fact, you are a celebrity no matter the quality of people you have as friends. After you have reached the friends limit of 5000 you can open a page or group to keep increasing your followers.
What are the benefits of becoming a Facebook Influencer?
Well, the benefits are many but the major one we are looking at is how it is easy to convert the fame to money. As a Facebook influencer you can be paid to promote goods and services.
Another major benefit of being a Facebook influencer is that you will be given gifts regularly by advertisers just to promote them. These two benefits are called cash and kind benefits.
How much you get paid as an influencer on Facebook depends on so many factors and your packaging.
5. Direct Traffic to Blogs & YouTube Channels
Another way you can make money on Facebook in Nigeria is to direct traffic to your blog or YouTube channel. If you have a page or individual account that has a good number of likes or friends you can use these friends or followers to direct traffic to your blog.
If the blog is monetized with Google adsense or any other ad running program and you direct readers to the blog just by posting links of articles, when traffic increases your ad revenue will also increase.
How much you make from this method depends on many factors like the countries your readers are from for example, if your readers are from the USA or any other advanced country you will certainly earn more.
If you do not have a blog or YouTube channel you can still earn money directing traffic to other people’s blogs or YouTube channels.
6. Become a Page or Group Moderator
This is another way you can make money on Facebook in Nigeria. There are groups and pages on Facebook looking for moderators and admins.
These moderators will be responsible for monitoring the group and making sure things run smoothly even when the owner is offline or busy. The group moderator will always check for spam comments or posts.
He or she will check out for insults or verbal abuse on the group. The group moderator will also monitor the analytics of the group.
You can apply as a moderator on any Facebook group or admin. 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 are paid as a moderator or admin depends on many things. I.e. your experience, bargaining power and more.
7. Get Paid to Invite People to Groups
Whether you are a Facebook influencer or not you can be paid to invite your friends or followers to groups or pages on Facebook. This is another way you can make money on Facebook.
How much you are paid 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 bargaining.
8. Facebook Creator Studio Monetization
This way of making money on Facebook in Nigeria is basically for people that have groups or pages with huge following or likes.
You can make money with the Facebook creator studio monetization. Facebook creator studio is like Google adsense for blogs and YouTube monetization.
For Facebook creator studio you can make money from the contents you share on your Facebook group or page whether these content are videos or articles.
9. Use Facebook Marketplace
This is another way business men and women can make money on Facebook. Just in case you do not know what Facebook marketplace is, it is simply a section on Facebook that brings buyers and sellers that are within the same place (geographical location) meet for the purpose of business.
With Facebook marketplace, you can share your products listings with people and get patronized.
10. Create Facebook Ads
As a Nigerian who understands how Facebook ads works you can actually make money on Facebook by helping individual and small businesses create ads.
You can help people and businesses to create Facebook ads for their products and services, increasing their conversation rate of their page and the patronage of their products.
However, the ways I just listed and explained above are the most common and fastest ways to make money on Facebook.
Are there any other ways to make money on Facebook? Perhaps you are familiar with other ways to make money. Please share them with us in the comments below.