Facebook is fast approaching 650 million users. This presents a huge opportunity for entrepreneurs who learn how to leverage this massive social network to make more money. If you can make just one penny from every six Facebook users, you will make over a million dollars!
Facebook commerce is more viable than ever. According to Social Times Industry experts suggest that the volume of transactions for physical goods on Facebook will top $250 million in 2011. Projections for retail revenue generated from Facebook commerce in 2011 are closer to the $75 million to $100 million range.
The most bullish estimates of 2011 consumer spending on physical goods on Facebook go as high as $1.2 billion.
Now is a better time than ever to get in on the growing trend of transactions on Facebook.
Here are eight ways that you can use your Facebook page to make more money.
A common internet marketing phrase is “the money is in the list.” A custom Facebook pagecan be a great outlet for building your email list.
The Static FBML app allows you to insert custom html & fbml into a tab on a Facebook page. I used this app to install an opt-in form giving away a free Social Media eBook on my Facebook page.
A new app that I have started to use, which makes creating fan pages with fan only content a breeze, is called TabPress. TabPress is built with the new Facebook iFrame framework so it should be supported for the forseeable future. Sign up to my free Facebook newsletter to recieve a demo video showing how to use this app that I currently have in production.
Check out this video about how to Customize a Facebook Page with Static FBML if you want to create a custom Facebook tab using static fbml.

Facebook Marketplace is like ebay, but forFacebook. You can use Marketplace to buy, sell, and rent almost anything you own! According to the Facebook description of Marketplace:
Facebook Marketplace lets you sell, give away, buy, rent, ask, or search for anything you want. You can also support charities by selling for a cause. Marketplace makes it easy to see what your friends have posted and what is available in your area.
Using marketplace you can also search for jobs, and there are currently over 625,000 jobs listed!
Installing a Facebook Like button into my opt-in page has enabled me to get literally hundreds of people to share links to my opt-in pages.
I am not sure how many new subscribers this strategy has gotten for me, but I am certain that it has helped build my list.
My free Facebook Course opt-in page, for example, has been liked over 60 times. You can get even more traffic from each like by customizing the way the Facebook Like will look when it is posted to a users Facebook wall.
Although there are apps like RSS Graffiti that automate posts from your RSS to yourFacebook wall I like to post to my Facebook page manually.
By posting manually you can optimize the image that you post and tweak the description that is posted as well.
By posting all content from your blog to your Facebook page you will send plenty of traffic to your site, which will get more people to sign up for your list, and get them interested in any products or services you might have to sell.
Engaging is the key to getting a strong community of fans that will be much more likely to buy anything you have to sell.
Brian Solis does this very well and responds to practically every comment he gets on hisFacebook page, and he gets many comments every day.
Gary Vaynerchuck is another web celebrity who is proof that prolific content, passion, and engagement are a formula for plenty of profit and success.
Creating a Facebook store is a great way to capitalize on the fact that many of your fans are probably ready and willing to buy your stuff.
I currently have a Facebook store in the works for The Tiferet Journal, a publication that I have done some cool page customization for already.
Starbucks sells gift cards on their page and this is just one of many examples of Facebook page commerce.
There are millions of businesses right now who are seeking to improve their Facebook presence, but do not know how to go about doing it.
To learn some powerful Facebook page customization tips make sure to sign up to my free Facebook Course and I will be sharing videos explaining how to easily build powerful Facebook in the coming weeks.

If you have a product you can drive highly qualified traffic with Facebook ads.
If you are want to learn more about Facebook ads check out myFacebook advertising tips article.
Even if you do not have a product of your own you can drive traffic to a high converting sales page as an affiliate and earn killer comissions.
Clickbank is a massive digital marketplace with thousands of information products that you can early healthy comissions by promoting.
Every listing in the clickbank marketplace has a Facebook “Like” button beside it, and you can share these products to your news feed simply by clicking it. Then, if anyone purchases through one of your links, you will earn a comission. Comission for products on clickbank is very high, often in the 40-75% range!
With millions of businesses ready to get their feet wet in social media there is a rabid market ready for people who can offer training and execute campaigns.
My friend Kelly Noble has been able to do a great job of just that with her firm Glam Digital.
I started a group on Facebook called Social Media Mastery for those seeking to cultivate their social media skills.
There is even a training program called Let’s get Social for those people seeking training that will help them learn how they can find clients and start earning cash as a social media consultant today!