Facebook monetization is another avenue for content creators to make money as they have 7 different ways to monetize your content on their platform. Stay with me on this as I take you through the different ways you can monetize your content on Facebook.
#1: 7 FORMS OF FACEBOOK MONETIZATION 2021: INSTREAM ADS ON DEMAND
This is a form of monetizing your Facebook video content, and with this program you have the opportunity to add shorts ads to your video just like the ones you see on Youtube. There are several criteria to be met to become eligible.
Criteria
-Followers: 10,000 followers is the minimum requirement
-Eligible minute views: An on demand previously live and live of 600,000 minutes video viewed in the last 60 days is required. These views do include replayed minutes but not paid view, views from cross posting or boosting your content.
-Active videos: You are required to have an active and at least 5 on demand videos created by you or your page should have previously live videos
#2: 7 FORMS OF FACEBOOK MONETIZATION 2021: FAN SUBSCRIPTION
This one has to do with you creating a subscription for your fans. When you have the subscriptions, your fans will have to pay any amount you tag as the price and the more people subscribe the more money you are likely to make. There are no criteria for this as it is given only by invite from Facebook.
#3: 7 FORMS OF FACEBOOK MONETIZATION 2021: STARS
This is another form of making money on Facebook, with the Facebook stars, fans are expected to gift you with stars as virtual gift during your video and each star is equivalent to 1 cent USD. This does add up so quickly and it is gotten by invite from Facebook.
#4: 7 FORMS OF FACEBOOK MONETIZATION 2021: INSTANT ARTICLES
If you are a publisher and you have a website this is best for you. You will have to connect your website to your Facebook page via a plugin called the Facebook instant article plugin and your website should be over 3 months old. If you get approved, Facebook will be showing your article on Facebook with ads on it and you get paid. You need to be eligible to have access to this.
Criteria
– Active and minimum readership
– Be in eligible country
– Your Facebook page should comply with Facebook monetization policies
Also, read: WAYS TO MONETIZE YOUR CONTENT AND FOLLOWING ON DIFFERENT SOCIAL MEDIA PLATFORM
#5:7 FORMS OF FACEBOOK MONETIZATION 2021: PAID ONLINE EVENT
This one is mainly for those that have events to host and with the current pandemic this should be the best bet. Basically, you host virtual event and your fans get to pay to participate in it. This can be gotten only by an invitation from Facebook.
#6: 7 FORMS OF FACEBOOK MONETIZATION 2021: INSTREAM ADS FOR LIVE
If you are into making live videos this one is perfect for you. You can monetize your live video with pre roll, mid roll, or image ads while you are live, and after going live those videos can still be monetized.
Criteria
-Followers: Same the as the instream ads for videos 10,000 followers is the minimum requirement
-Eligible minute views: Same the as the instream ads for videos, an on demand previously live and live of 600,000 minutes viewed in the last 60 days is required. These views do include replayed minutes but not paid view, views from cross posting or boasting your content.
-Active videos: Same the as the instream ads for videos, you are required to have active and at least 5 on demand videos created by you or your page should have previously live videos
-Eligible live minute viewed: Out of the 600,000 minute view total, there should be a 60,000 view of your live video within 60 days.
#7: 7 FORMS OF FACEBOOK MONETIZATION 2021: BRAND COLLABS MANAGER
This is a paid partnership program with brands. You get to collaborate with brands, reach a deal and advertise their brands for them to your audience.
Criteria
-1,000 followers is the minimum requirement
and
– Post engagement of 15,000
or
-Minutes view of 180,000
or
-In the last 60 days you should have on a 3-minute video 30,00 1-minute views
CONCLUSION
Content creation is more lucrative than ever as various platforms create opportunities for content creators to monetize their contents. Facebook does have several ways you can monetize your content as a creator and be sure to check them out.