Have you ever asked yourself how much time you spend on Facebook? The answer is probably, a lot of hours. Facebook is one of the top platforms with millions of users worldwide. Due to the growth of demand growing online, some users have come up with ways of monetizing their Facebook pages.
Different ways of making money on Facebook.
- Creating videos with in-stream ads
- Running paid events online.
- Directing users to your online store
- Earning from your fan page followers
- Adding a premium subscription to your page
- Working with brands.
IN FULL DETAIL.
- Creating videos with instream ads.
What are in-stream ads? These are video adverts that play before, during, or at the end of a video that a user is viewing. For those who have Facebook accounts and love posting videos, you can be making money with the video content you upload. This is achieved when you upload a video containing in-stream videos. When you apply for in-stream ads you will have a share of the revenue generated by the ads on your videos.
- Running paid events online.
According to me, this is a little difficult to start. But we are here to guide you on how you will make money. First of all, you have to start by holding free events to grow your targeted audience. Once you have a good number then you can now plan for your event. The link on how you can create paid events is at the bottom of this page.
- Directing users to your online store.
Do you have an online store that has a low number of active clients? Facebook got you covered. Facebook allows you to post links to your online store, unlike other platforms. You can create a Facebook post and attach a link that directs users to your store. This helps you to increase the number of customers you get online. Facebook also allows you to boost your post to reach more people at very low costs. This is the easiest way you can promote your online store and make a living out of it.
- Earning from your fan page followers.
Facebook will reward you for attaining a certain number of views in Facebook reels for sequential challenges. Depending on the number of followers, the reels you create will cash in depending on views, likes, and comments. This challenge can only participate through invitations only. At the moment the target is the influencers with very high numbers of followers.
- Adding a premium subscription to your page.
When your page has exclusive content that has a massive number of followers, such that users are willing to be charged to access it, you may have an option of making them subscribe to the page at a fee. The fee is charged monthly to continue to access the content. Also, users can send extra tips to your page through Facebook stars for the content they enjoyed.
- Working with brands.
This is the best part of Facebook monetization. Once you have a good number of followers, brands and individuals will start looking for you to promote their products. One piece of advice when this happens to you is that never undercharge for promoting a brand or product. When posting branded reels or posts make sure not to change your user’s content, this helps to retain your followers despite advertising to them. Branded posts and reels make a lot of money on Facebook. Branded content also attracts a new audience.
REQUIREMENTS FOR FACEBOOK MONETIZATION.
- Community standards. Before you apply for monetization, you must go through Facebook community standards to understand the platform’s foundation and rules.
- Partner policies. The rules apply to the entire Facebook page and the content you create. This also applies to how you receive and share content as well as how you make payments.
- Content policies. For every content you create, the content-level rules are applied. Violent and profane content will make your Facebook monetization fail.
How to check for monetization eligibility.
On your Facebook page, navigate to creator studio, then head to the monetization tab. Once done, select the pages you wish to see monetization eligibility. You will see other information on monetization.
Learn how you can create paid events on Facebook…
You may also like: https://kenyansp.co.ke/2023/03/08/how-to-start-one-of-online-businesses/
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