#1
Tue, 03/12/2013 - 12:18
Setup a Facebook business...
So here's a business plan for you: setup a facebook site, build up the followers and end up getting some $40k each month through advertising.... pretty funny the way he got traffic with the photo of a girl & dog and "my daddy said I can get a puppy only if I can get 1 million likes" sign.... even more impressive is he's pretty realistic about it and would like to sell in the long term. “This is fantastic but it can't last forever. The reality is that it's always changing.”, though not sure if he'll sell if he keeps saying things like that out loud... ;-)
http://www.theage.com.au/small-busin...
Anyone have some good ideas for a business? Promise not to steal them.... honest..... ;-)
ninhursag
Regular Member
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I cannot put my head around this face that how people make so much money from facebook. I wish I knew thi trick.
gola
Regular Member
You have an audience of over a million people, put an ad on facebook that is relevant to the audience who follow that page. A certain percentage click on the ad, and you get paid for that click by the company that was advertising the product. You don't get paid a huge amount per click, but they all add up.... and the more people are following you, the more people are likely to click on the ads. The advertiser wins by getting a new customer, you win by getting the advertising revenue, and the consumer wins by getting a product they may otherwise not have known about. At least that's the way it's supposed to work. In practice it's more like targeted spam.
ninhursag
Regular Member
The last bit sums it up nicely, targeted spam ... Well done to the guy to be able to setup the business idea. Simple idea executed well.
newuseragain
Regular Member
Internet businesses are just over-hyped and people assume that there was not much work involved. I know a guy who moved from Auckland to Sydney 3 years ago, borrowed 12K from his mum and started a convenience store in a new development. Nobody thought he had a chance, even the developers of that estate agreed to let him stay rent free for first six month. He now has two uni students working for him in shifts and easily makes 40K a month like the Facebook guy. He doesn't have 3 million buyers but convenience store margins are around 200% easily and he makes half of his income by just selling items from the fridge (milk, cold drinks, ice cream lollies etc.).
There can only be a handful of Facebook pages on dog owners but there is a convenience store success story in every suburb of Australia yet they are not glamorous enough to make it to 'The Age'.
Internet is like those network marketing pyramid schemes where one in every 100 makes money at the expense of rest of 99 and if had some time at my hand (after a full time job and kids), I would do something easier and simpler.
dsharp
Regular Member
Yes.... have to admit it's tempting to do the internet/facebook thing due to incredibly low startup costs but a lot of it is fad-like and very short lived. The idea of setting up a successful business like a convenience store, or (my dream) a brew pub is a lot more attractive and probably achievable. Best not to look at the statistics though! ;-)
ninhursag
Regular Member
I have about 9 Facebook groups.
One has about 15,000, another has 4000, and a few others.
If you manage them well, you can do really well out of them.
I do!
I'm happy to share secrets.
warcom
Regular Member
Wow great to see it works for you. I have actually bought from warcom before :)
are you other facebook pages company related or just past-time related eg dog lovers, etc
so interesting!
newuseragain
Regular Member
Definitely would be interested to hear how you have done it! How you attract people to your site, how you get them to come back, etc....
ninhursag
Regular Member
really?
you can get clicks only if you share the good content which attract them.
coolicool
Rep