Facebook becomes a major platform for not only advertising but also a huge opportunities for monetization online.VideoEgg,an online advertising solution service has recently announced that it has generated over 1.5 million USD in the past five months using eggnetwork,an add network for facebook applications.Facebook applications have business value even without creating revenue.There are more methods to monetize facebook applications.We can make money by using our own facebook applications and also from third-party facebook applications.By using our own applications we can generate revenue by :
- Using CPM ads for pageviews of facebook application canvas pages.
- Cost per click models which many ad networks doing like Social media,Lookery,Rock you etc..,
- Cost per application install depending on the need in market place.
- Promoting affiliate links and products as Cost per Lead or Cost per Action.
- Selling products of your own such as e-books, PHP scripts by which you will get instant money.
There are many sites and fb applications which are offering you to create a new facebook application without the programming knowledge required but they are upto certain limits and i am not sure that we can take full control over the applications though we can promote our business through advertising.Here are some services which let you to create your new facebook application.,
Social app studio let you to create your own facebook application and its perfect for both beginners and professionals.
Application builder is another facebook application builder which let you to create many kinds of facebook applications such as poll,quiz,gift cards etc..,
Brandingapps let you to create your own money making gift application.
Appbank is the application creator platform on facebook which pays the app creator money based on the popularity of the application and no programming skills are required.
Making money from facebook’s third part applications includes many ways:
Bannerapp is a simple facebook applications which lets you to add your affiliate products or your own products to sell in the form of banner which you can add it to your profile.
Booksgeek is nice facebook application which lets you to showcase your books and let other users on facebook to make a comment on it.
Shopit is a free social commerce network application which lets facebook users to buy or sell products or trade products and services.
Paypalwishlist is a facebook application connecting paypal with facebook which lets you to market variety of products with compensation and you will receive 1 USD to invite other users and friends in facebook.
Cafepress is a facebook application which lets you to create a store by selling products through your facebook profile.
Ebay lets you to promote your e-bay products by selling to your friends on facebook.
Garagesale lets you to seel your items to your friends on facebook
Musicblaster lets you to promote their musical acts and you will earn 5% commission on the sale of their music.
Lemonade lets you to promote an item by displaying as a widget on your profile
and you will get a commission on every sale.