Facebook Monetizing Summary !

somedevil

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I want to summarise what i learned by reading the all FAcebook threads here !

1> Make hot girl profile
2> use add me groups or mafia wars add me's to add people
3> get lotsa people as friends

By now we have a lot of friends. now to monetize that

1> start group and promote product/affiliate page
2> update status with affiliate page link
3> sell the group with thousands of members
4> create application

what i am confused about is, how do you make money by creating an application. we give the app to facebook and people use it, then from does the money come from ?

secondly are there other ways to make money off facebook ? apart from e-whoring and the ways i mentioned above. somehow my reality system is finding it tough to accept that i can make money off facebook !!

Thanks for your responses.. :)
 
Will this works? Will the people buy your affiliate product?
 
the route to monetizing applications requires a lot more work...but as a result, it's also a lot more rewarding. you CAN NOT make good money throwing ads up on facebook applications...it's been tried, and apart from businesses that make huge networks of applications (think quiz application builders), it just doesnt convert well enough for you to spend time.

one proven solution to monetizing applications is building an engaging application that incorporates either virtual goods or virtual currency....think texas holdem, mafia wars, superpets...u engage your users, and make money from monetizing the virtual goods/currency. if you build an engaging app and drive users to it, your revenue per user can easily be $2+. and if you build viral components in, each user is effectively worth much more than that.
 
the route to monetizing applications requires a lot more work...but as a result, it's also a lot more rewarding. you CAN NOT make good money throwing ads up on facebook applications...it's been tried, and apart from businesses that make huge networks of applications (think quiz application builders), it just doesnt convert well enough for you to spend time.

one proven solution to monetizing applications is building an engaging application that incorporates either virtual goods or virtual currency....think texas holdem, mafia wars, superpets...u engage your users, and make money from monetizing the virtual goods/currency. if you build an engaging app and drive users to it, your revenue per user can easily be $2+. and if you build viral components in, each user is effectively worth much more than that.

i still don't entirely get it ! monetising virtual goods ? like if someone's playing mafia wars , i charge them money to upgrade to the uber cool gun or wot ? i am just not getting this :o
 
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that's one possibility. if you create a game that has a currency (e.g. gold) you can sell the gold. look at applications that use srpoints.com or offerpal.com. both sites are dedicated to helping devs to monetize their applications. if you are thinking about creating an application that does not have virtual currency, you should find a way to incorporate some sort of virtual good. an example is an application like superpets where you can buy a special bone or decoration for your pet. i know what you're thinking..nobody would pay $50 for a digital bone or gift for a friend....i didn't believe this until i talked to employees at the big facebook app companies (think zynga/playdom/slide)...you will be amazed at what people will buy if they are addicted to your application.

note: this is not a get rich scheme. if you want more info, pm me.
 
ok so one way is selling add-ons for applications that you get people addicted to (as hard as it is for me to believe)! wat else ? running ads ?

i guess i just wanna see the options (some of which i outlined above) available to me with respect to FAcebook :)


Thanks for the reply
 
Use facebook to drive people to your 3rd party site :D
 
yeah Crashed ! that's pretty much all i think i can use it for !! again it's a long term strategy. i think the best option is to make accounts and spend 5 mins each day on them till maybe the 2 month mark where u have 4-5 k friends where you can throw in a single affiliate link pitch among the various status and photo updates etc !!

This application development business i guess i will need to research mroe about :)
 
I posted a new thread on my facebook strageties last night if you look for it. Covers all fb ppc.
 
Just like Mobsters and Mafia War. Simply create CPAs into the app you've made. Mobsters tells you they can give you more favor points by doing x offers. You complete the offer, they give you points, they make money. win-win I guess
 
In Farmville you pay cash to buy all kinds of crap. Zynga makes decent bank of the method.
 
Crap! didn't know farmville people were trading cash! Off to see what's up with that.
 
Think of games like second life and world of war craft, people have made millions selling virtual goods online, especially on facebook.

The ones I made the most money from was Zynga poker, I was making $300 a day selling poker chips over the span of a month, nearly made $10,000 in one month.

That was way back in the day, SEP 2008. then more recently i started making accounts adding friends via mafia wars, begged for items and was gifted loads of stuff. and leveled up 100 accounts for playing mafia wars. I have about 50 level 700 accounts that had all the skill points put into energy. I have a pc running in the corner running a bot that logs in and out of accounts every 5 minutes. within those 5 minutes an auto player levels up and creates maybe 3000 top loot items every day. totally automated infact I have not checked on it in a few days, it never has any problems and has been running for 6 weeks undisturbed :)

My Best day was when I had 3 people all wanting a package i put on sale for 501 of each top Cuba item so 4500 in total for all 3 of them plus my usual number of orders.

Made over $2,000 that day.

lol I was staying with my parents at the time in the UK and they could not believe that people would pay so much for as they put it "things that where not real" lol

I used to get $35 for every 100 and would sell 700 - 900 a day. but now the price has gone right down for top Cuba items to $6 for 100. so that's still $180 a day lol.

But I have no time to sell them. I have about 40,000 of each top Cuba item. I have started to get top Moscow items now and have 500 of each.



there is a shit load of money to be made on fb for very very little work


ok so i also have FB accounts with lotsa mafia war friends ! how do i sell to them. let's say if one of my mafia war friends require an item that i have, i sell it to them ? and i am assuming for this i will also need to play the game quite a bit and acquire those things !!

these things are a bit hazy for me ! i am just adding more and more people to my account snow :) thx for clarification
 
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