How to make money on Facebook with Local Ads
Not talking about affiliate ad network offers, but making money on facebook advertising serving the thousands of business that are in your neighborhood. Most of the dentists, lawyers, roofing contractors, cosmetic surgeons and other professional service firms are spending a few thousand a month on yellow page advertising. Most of that money is flushed down the toilet, handed over to internet scammers. If you want to scam, by the way, read my post about being a seo consultant. But I digress. Here’s how to do it on Facebook:
- Sign up a couple local businesses, charging $500 a month for advertising on Facebook. That will buy you enough traffic to dominate, Facebook for your client’s geography– more on that in a minute. Avoid folks who sell products– they must be local. Also avoid real estate, insurance or financial offers, where there is a lot of competition. You can only make money as an affiliate doing what others don’t do.
- Get the money up-front so you’re not having to front the cash– tell them you’re not a bank, if they complain. If you can take a credit card, even better– so you don’t have to chase them each month or play the “check is in the mail” game.
- Set up one campaign with 5-6 ads targeted to your city on users that are 23+ years old. College kids don’t spend money on professional services. You can try out a few ads that have interest targets– but odds are that this will restrict the available traffic down to almost nothing– but try it. Bid 20 cents a click– Facebook will suggest a dollar or so, but ignore that. Spammers are not targeting this finely, so you can get the traffic much cheaper than them, as well as much cheaper than Google PPC. Set up subids in your tracking urls so you know which ad drove the click and conversion in your Google Analytics (which you’ve installed on the client’s site).
- Set up a landing page just for the client– it can live on a subdomain of your site or the client’s site. If the client can’t get you access to their site or if it’s a pain, you just host the page yourself. Put the phone number HUGE on that landing page. If you don’t know how to do landing pages or are lazy, just send traffic to the client’s homepage– but it won’t convert as well or be as trackable.
- You must have an offer or phone number so you can track conversion. You can have a special with a coupon code of “FACEBOOK” or require that they mention they saw the ad on Facebook. Thus, when prospects call or come into the office, they are telling your client that your facebook advertising campaigns are effective. If you want to really hit a home run, get a phone number that is unique to the web– BlitzLocal does this, as does Google Voice, which is GrandCentral rebranded.
- Sit back and prepare to be amazed: There is so little competition on Facebook for legitimate ads that it’s easy to dominate for Denver liposuction or Boulder massage, even if you’re only targeting the city and age group. Your client will be calling you soon because his or her friends will be telling them that they see them all over Facebook– plus clients will be saying they saw them on Facebook!
If you want to learn more about local advertising on Facebook, see Dennis Yu,who is CEO of BlitzLocal.
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Good Post. It’s always good to avoid the trend/rush and try different things. There are a lot of simple great ways to do things that other people haven’t. Look at the Snuggie. A blanket with arms was a million dollar idea yet simple. Retarded even.
Comment by Sherad — June 10, 2009 @ 11:25 pm
Nice post. This is something im trying to get into at the moment so trying to get to grips on how to implement this.
The thing im struggling with is how to go about pricing. You say $500, but surely this is dependent on the type on business you are offering advertising to.
Do you guys not use a more calculated way to determine pricing?
Comment by Lings — June 11, 2009 @ 4:26 am
Great post! (good to see ya posting again
Shoemoney touched on local Facebook advertising as well a while back. For certain services, this is far cheaper and more effective than paying $500+ a month for a Yellowpage ad.
Comment by Rod — June 11, 2009 @ 2:57 pm
The Good thought, me as that did not come to mind. Possible earn really good money!
Comment by 4MIN — June 14, 2009 @ 2:45 pm
Great post, I’ve been following your blog since I got into affiliate marketing, but can you PLEASE fix your wordpress theme!?
thanks.
Comment by Marty — June 15, 2009 @ 4:23 pm
What’s stopping the business to advertise on Facebook themselves?
Comment by ben — June 18, 2009 @ 12:59 am
Excellent post Harrison. One question though: do you just continue to charge them $500/month and try to keep your Facebook Ads cost under that, or do you set them up on some kind of CPA deal?
Comment by Josh Todd — June 30, 2009 @ 1:34 am
What a fantasitc site i have saved this page for further reading in my exploer bookmark box and keep up the good work i learnt a lot from here like the part about how you said to tell them direct your not a bank sometimes in this internet game i wish i was lol!
Comment by ajay — August 9, 2009 @ 5:31 am
Hey Harrison,
when you say you should charge 500$ a month for advertising on Facebook, how much of those 500$ should go for the actual advertising costs - and how much should be left for profit?
Thanks
Comment by Evert Rotshuizen — August 11, 2009 @ 3:06 pm
Great tips. Tracking is very important. I know a lot of people that don’t track properly and just throw away money.
Comment by Dan Liptak — August 14, 2009 @ 6:14 pm
I’m gonna do this shit. teehee!
Comment by Danny B — October 4, 2009 @ 2:44 am
I never knew one can make money online through facebook also.Thanks for this useful post
Comment by Make Cash online the simple way — October 30, 2009 @ 8:40 am
Hey I feel the same way I cant find a damn website that give up money. well now I found a website that give out more that .001 cents per email or ad clicked. this one pays 25$ per email. and 25 dollars for add clicks. Paypal is also included in this money they can get you your money via paypal. I had 700$ in two days and they give you 300$ for just signing up.
Comment by Jose — February 2, 2010 @ 1:27 am
Well Done! I Like it!
Comment by glasnost — March 19, 2010 @ 6:41 pm