Now Users Can Make Money With Facebook [New Update]: Facebook has announced a new way for its individual users to share their revenue.
Yes, Facebook wants users to earn extra money from this social media network and instead of doing anything for it, they just have to make and post short videos like TikTok.
The world’s most popular social media website is introducing a new advertising program that will make videos an easy source of revenue for Facebook creators and help the app beat TikTok.
According to Facebook, it will be possible to earn revenue through one-minute-long videos and live stream events as well as advertisements.
Yavo Ernstin, director of Facebook’s app monetization, said the company was working to make money from short and live videos.
TikTok Creators have the opportunity to earn money from the app’s Creators Fund through video views.
To become a part of this fund, you must meet the requirements of at least 10,000 followers and 10,000 minutes of views within 30 days.
The program earns the user 2 to 3 cents per thousand views and most customers who become part of the fund earn between $200 and $20,000.
In contrast, Facebook’s advertising campaign currently pays 8.75 per 1,000 views, but some creators make millions of dollars from the site, while others have millions of views but no revenue. ۔
Previously, Facebook’s monetization program required at least 3 minutes of video, and Invite Only Live In-Stream ads were allowed.
But with the new update, more users will be able to earn money from their videos on Facebook.
In order to qualify for this program, a Facebook user will need at least 10,000 followers and a total of 600,000 minutes of video views in the last 2 months, while at least 5 live videos or uploads. Streams are also part of the terms.
Users can check their eligibility by visiting this link.
Facebook also said it is testing sticker ads in the Stories feature, which will allow creators to earn more revenue.