Thursday 26 March 2015

Ways To Earn on FanBox - Overview

In order to accomplish our mission, all members of the FanBox community must have as many options as possible to achieve financial success. FanBox realizes that all users have different sets of skills and abilities, and because of that they are always evolving the ways that we can earn.
Below is a breakdown of all of the different ways that users are currently able to earn on FanBox:

A. Content
Earning through sharing content is one of the most widely used methods to earn on FanBox, because it is something that almost everyone does on a regular basis already. The ability to earn as much as possible with your content is broken down into an extremely simple formula that consists of:
1) Sharing Daily
2) Getting As Many Fans As Possible
3) Getting Bigger Fans By Producing Quality Content
Currently there are 3 mediums of content that users can share on their FanBox profile to earn from. Those include:
a) Photos
Sharing photos on your profile is extremely simple.
When you add new photos to your profile page, they are shown to all of your friends and fans on their personal newsfeeds.
From the moment that you post up a photo, you have exactly 24 hours in which you can earn from that specific photo.
The amount that you can earn is dependent upon how much your photos are shared with others during that initial 24 hour period. The more geniune likes, comments, and interactions that you receive, the higher your potential earnings will be.
To learn the actual process of earning by adding photos, you can view this short tutorial: Earn with your photos

b) Blog Posts
Earning from blog posts works in the exact same manner as earning from photos does.
When you add new blog posts to your profile, they are shown to all of your friends and fans on their personal newsfeeds, and you earn for the first 24 hours that they are published based on the amount of activity centered on those posts.
While adding a new blog is more time consuming than adding a new photo, there are additional ways to earn through those blog posts that make them uniquely profitable. Those include:
Promoting Products And Services - One of those additional methods to earning is that you are able to promote products and services that are currently being sold on FanBox through your blog post. You can promote your own products or even other people’s products, and every time that someone clicks on the product link through your blog and purchases that product, you will be paid 12% of the price of that product.
Advertising Your Blog Posts – Anytime that you create a blog post, you and everyone else in the community can promote that blog post by creating an ad for it. Through ads, you have the ability to actually earn a profit when you promote high quality blog posts that users spend time on, and your ability to gain more fans over time is enhanced.
To learn the actual process of creating blog posts, you can view this short tutorial: Click To Watch Video

c) Videos
Earning from posting videos to your profile works very similarly to earning from blog posts and photos as well, but there are some key differences in the way that it works.
When sharing photos and blog posts to your profile, you actually go through an uploading process to store the files on your profile. When you add videos to your profile, you simply need to copy and paste any Vimeo.com or YouTube.com video link to the status update field at the top of your profile page. The videos are then shown to your fans and friends on their newsfeeds, but cannot be accessed anywhere else on the site.
Earning from videos also only occurs during the first 24 hours that the video link is added to your profile, however in order to actually earn from a video, users must actually click on and watch that video on your profile or their newsfeed. With photos and blog posts, the simple act of uploading those pieces of content to be shown on other’s newsfeeds is all that is necessary to earn, but people must actually watch videos in order for you to earn from sharing them.

As you can see there are many ways to earn with content on FanBox, and each method has a varying degree of logic behind it. The best course of action to take when working to add with your content is to diversify yourself through adding all different mediums of content to your profile every single day as your time permits.
The key take away is that the more fans you have and the more high-quality content that you share, the more money you can make.

B. Selling
Fixed Priced Products and Services
Through the FanBox Provide marketplace, users are able to sell a wide variety of products and services to other FanBox users. All purchases made on FanBox provide the buyers with 33.3% cash back earnings to their balances, so the ability to earn and also obtain good deals through the Provide marketplace make the ability to buy and sell profitable.
Premium Blog Posts
For users that have premium content that they would like to sell, the Provide marketplace allows users to turn their FanBox blog posts into “Premium Blog Posts” where other users must pay to gain access to that content.
Auctions
For users that are looking to sell on a consistent basis, creating an auction listing instead of a fixed priced listing may be a preferred way to go. Through auctions you can sell any product or service for a set amount of days, and you can also control the starting bid price and even a reserve price if you wish to have one.
Recurring Sales
One of the best ways to make money selling any product and service anywhere in the world is through having recurred billing to your customers. This means that you can sell a product or service that is a monthly charge rather than a one-time purchase. As a seller if you are able to provide great value to your customers and have a recurring payment product, then you will be on the fast lane to long term profits.
Referral Sales
In addition to selling your own products and services directly on FanBox, the FanBox system has been built with an internal commission system that allows all users to promote their own products as well as other people’s products and earn commissions off of every sale. This can be done through ads, blog posts, or even simply liking

C. Creating Ads
The entire FanBox system is supported through the use of interest driven ads across the majority of pages throughout the website. Through these ads, users are able to promote their businesses, interests, products, etc and they can actually earn money while in the process. There are four main types of ads that users can create on FanBox that include:
Ads For Your Own Blog Posts
Creating Ads for your blog posts is a great way to not only promote the content that you add to your profile, but you can actually earn a profit doing so at the same time.
Essentially how this works is that in order for your Ad to be shown, you need to determine a cost per click amount and daily budget for that Ad. When your Ads are shown to users based on the “tags” (keywords) that you associate with those Ads, users are able to click on those Ads that they find interesting and you are charged for that click based on your Ad budget settings.
If the user that clicks on your Ad ends up spending an unspecified amount of time viewing that blog post, the FanBox system deems that ad and blog post as high-quality and awards the user a certain amount of earnings for that ad click.
In practice, if you only create high quality Ads and high quality blog posts to advertise, then there is no reason why you cannot earn a profit from the ads that you create.
Ads For Other People’s Blog Posts
Much like creating ads for your own blog posts, you can do the exact same thing with other people’s blog posts as well.
At the bottom of every user’s blog post is a button that says “Create Ad” that you can click on, which will automatically default to the Ad that the original blog publisher made for that blog. You then have a choice to either fund that exact same Ad, or you can alter the Ad if you feel like you can create an even better ad to hopefully yield better click results for you.
Once the Ad is created, you will then fund the ad like you would for your own blog post Ads, and you would end up earning 90% of any profit that is made on that Ad, while the original blog post publisher will earn 10%.
Ads For Products
One way that you can increase your earnings from selling products is through creating Ads for those products.
For every product that is sold, 70% of the price of that product goes to the seller of that product. Of the remaining 30%, if someone creates an Ad for that product that leads to someone clicking on the ad and actually purchasing the product, then that Ad creator and funder will earn that entire 30% commission on the sale.
Essentially you can earn money on FanBox simply by creating Ads for products and services that other people sell, or you can make an even greater profit on the products and services that you do sell through advertising them.
Ads For Outside Websites
You can create Ads for outside websites on FanBox, but you do not actually earn anything by creating those Ads, other than the fact that you may earn money from your outside website by getting paid visitors to it.
For people that are looking to have high value/low cost paid traffic to their websites or businesses off of FanBox, creating Ads for outside websites could be a great alternative way to earn money via FanBox.

D. Boosting
As mentioned above, the Ad system is a major component of the entire FanBox economy, and Boosting is a feature that helps support and fund the entire ad system for all users on the site.
Through boosting, users are able to fund ads that run out of their daily allocated budget so that the ads can continue being shown and clicked on. Any earnings that are achieved through ads that are clicked on and funded by Boosters is split between the person that funded the Boosting portfolio and the person that created the ad that was clicked on.
There are two ways that users can create a Boosting portfolio:
Simple Method
Through the simple method, users are able to “let FanBox control” how their Boosting portfolios are allocated and how much they are able to earn from those Boosting portfolios. Essentially what happens is any money that is allocated to a “FanBox controlled” Boosting portfolio is the first to have the system put their money to work funding Ads that have run out of their daily budget.
Through choosing this method, users will generally earn a lower return on their portfolio, but they will most likely have a high volume of spending, which can turn into a larger overall earnings amount.
To learn more about the simple method, simply view this tutorial here: 
Advanced Method
Through the advanced method of boosting, users are able to create Boosting portfolios for a wide variety of Ads that are filtered by options such as specific users, causes, charitable contributions and much, much more.
In addition to choosing what specific Ads you want to boost, using the advanced method allows you to choose the amount of your estimated return on your boosting portfolio. By doing this, you can achieve a much higher return on your portfolio, but you may end up waiting quite some time for your Boosting amount to be fully utilized since your ability to earn is dependent upon so many different factors.
To learn more about the advanced method, simply view this tutorial here:watch this Video

E. Teaching
Being that the ability to have a thriving FanBox economy is dependent upon the success of all members of the community, there is heavy influence placed on the ability to not only invite new users into the community, but also teaching them how to be productive as well.
There are 2 levels of teachers in the FanBox community:
Teacher
By inviting new users to FanBox through providing them with your activation codes, you automatically become that new user’s Teacher. As their Teacher, you are able to earn commissions on all of the profits that those users earn for the lifetime that they are on the site. Because of this, it is in the Teacher’s best interest to make sure that anyone that they invite into the community is trained and supported so that they can succeed.
Teacher commissions are 10% for the first 6 months, 6% for the next 6 months, and then 1.5% forever.
Success Coach
A Success Coach is a volunteer position within the community that carries a lot of responsibility. A Success Coach acts as an advanced Teacher as they are official representatives of FanBox. Unlike Teachers that can only earn from people they directly invite into the community, Success Coaches are able to be chosen by already existing users on the site and they earn compensation based on the success of their clients.
In order to be a Success Coach, users must take advanced training and pass a wide range of tests and interviews before they are deemed able to act as a FanBox representative and coach clients.
F. Communities
Communities is a new social tool that allows FanBox users to Collaborate, Share and Profit with each other through engaging in the businesses, groups, causes and interests that they are already a part of or are looking to establish right here on FanBox.

Communities is an extension of your own personal profile, but instead of having everything centered around the multitude of activities and interests that you share with your friends and fans there, you can now create individual Communities for every specific interest, group, charity, etc that you are involved with.
All of the available ways to earn on FanBox works exactly the same for Communities.
For every Community that you create or are an admin of, you are going to be able to add up to 10 different admins to help you run everything that is involved with earning on FanBox

What kinds of Communities can I create?

There are 5 different types of Communities that you can create:
- Company
- Artist, Band or Public Figure
Already Existing Group or Organization
- Cause or Charity 
- Fan Community

I’ll Pay Later (IPL)
In order to earn money on FanBox through Ads and Boosting portfolios, users must fund everything ahead of time so that they can earn from those features.
“I’ll Pay Later” – or IPL – is a fast and easy way for a person to immediately accelerate their earnings through using FanBox’s money to fund their Ads and Boosting portfolios, rather than having to spend their own money out of pocket to fund those same Ads and portfolios..
By using IPL, you simply need to pay a small monthly processing fee based on the amount of IPL that you have utilized in total, and you can then pay back the total amount of IPL you have utilized when the earnings that you have earned are fully matured.
The main benefits of using IPL is that you can earn more money on FanBox in a shorter period of time, without having to spend as much of your own money up front.

Power User
Becoming a Power User is one of the keys to achieving long term success in the community.
As a Power User, you are able to gain a wide-variety of benefits and enhanced earning capabilities that do not exist for regular users.
Some of these benefits include:
·         Power Users earn more with their photos, blogs, videos, ads, boosts, product and service sales, teaching and coaching.
·         FanBox is always developing new product features. Power Users get exclusive access before everyone else.
·         Power Users reach a larger audience because they are able to gain more attention from other users in the community which further increases their earnings.
·         The higher your Power Level, the more friends you can invite to FanBox.

All power users are not created equal as there are currently over 9 different tiers of Power Users, and each tier has more perks and benefits attached to them.

To learn more about the Power User feature, you can visithttps://secure.fanbox.com/FBBank/SuperPowers.aspx

No comments:

Post a Comment