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Facebook Monetizing Summary !

Discussion in 'FaceBook' started by somedevil, Oct 17, 2009.

  1. somedevil

    somedevil Jr. VIP Jr. VIP

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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.. :)
     
  2. elcan

    elcan Newbie

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    Will this works? Will the people buy your affiliate product?
     
  3. tzvii

    tzvii Registered Member

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    Build cpas into the apps
     
  4. twmas52712

    twmas52712 Junior Member

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    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.
     
  5. somedevil

    somedevil Jr. VIP Jr. VIP

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    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 :eek:
     
    Last edited: Oct 17, 2009
  6. twmas52712

    twmas52712 Junior Member

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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.
     
  7. somedevil

    somedevil Jr. VIP Jr. VIP

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    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
     
  8. crashed

    crashed Jr. VIP Jr. VIP Premium Member

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    Use facebook to drive people to your 3rd party site :D
     
  9. somedevil

    somedevil Jr. VIP Jr. VIP

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    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 :)
     
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  10. crashed

    crashed Jr. VIP Jr. VIP Premium Member

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    I posted a new thread on my facebook strageties last night if you look for it. Covers all fb ppc.
     
  11. badoial2

    badoial2 Registered Member

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    anyone have a mafia wars app script?
     
  12. Or1oN

    Or1oN Newbie

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    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
     
  13. xbada

    xbada Junior Member

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    In Farmville you pay cash to buy all kinds of crap. Zynga makes decent bank of the method.
     
  14. MrRedPants

    MrRedPants Newbie

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    Crap! didn't know farmville people were trading cash! Off to see what's up with that.
     
  15. somedevil

    somedevil Jr. VIP Jr. VIP

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    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
     
  16. ClownBaby

    ClownBaby Power Member

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    seriously whats with the vague posts!