A lot of people are earning good money by uploading different types of content on the social media platform Facebook. Facebook has recently made some changes in its creator program. Earlier Facebook used to run different creator programs and gave an opportunity to earn money through monetization, but now only one single creator program will run on this platform.
Meta recently announced that it paid nearly $2 billion to creators on its platform last year for reels, videos, text and photo posts. The company also believes that creators are not able to earn their full potential on the platform. Only one-third of creators are able to take advantage of more than one monetization program.
What is Facebook Monetization Program
All the creators can easily earn money through Facebook’s monetization program. Through this program, if you create video content, photos, text posts and reels created by you and upload them on Facebook, then you get a chance to earn very well.
Facebook has launched its new Facebook Monetization Program, under which you get a chance to earn a lot of money through stream ads, performance bonus and reel bonus. Any creator who is regularly active on social media can apply for this. Here Facebook also issues many policies and rules, which are also necessary to follow.
What Changes Happened In Facebook Monetization Program
The new monetization policy will work like the old program. Now a performance-based payout model is being introduced in it. With this, creators will be able to earn from their reels, long videos, photos and text posts as before.
Along with this, Meta will give all creators access to a new insights tab, so that they can easily track the earnings from different content formats and posts.
Eligibility Of Facebook Monetization Program
- The Facebook page and profile from which you will apply for monetization must be at least 90 days old.
- For the Facebook Monetization Program, your minimum age must be 18 years or more.
- Your country must be eligible for the Facebook Monetization Program.
- Your Facebook page should follow all the guidelines and policies.
How To Apply For Facebook Monetization
If you also want to join this monetization program of Facebook, then you can apply in it. Facebook Meta is currently doing beta testing with 1 million creators. This monetization program can be launched for all people next year. To apply, you have to follow the process given below.
- First of all you have to login to your Meta Business Suite.
- After this, you have to click on Monetization on the right hand side.
- After this, you have to click on Setup Monetization, after which a confirmation mail will come on your email ID.
- In this way, you can apply for the monetization program.
How To Earn From Facebook
Now you are being given a performance based model to earn on Facebook. When you upload your photos, videos, text reels etc. on Facebook like before, you will earn a good income. Here you will also be given an Insight tab option by Facebook in which you will be able to track the income generated by different types of content separately.
Conclusion
Meta is going to change the monetization program for its social media platform Facebook. The company used to run three creator monetization programs till now, which it is now going to make into one. This will benefit the creators, who will be able to earn from the platform. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
