Monetization of facebook:Eligibility,and ways to earn.

Monetization of facebook with focus to Facebook’s Pages.

Are you success driven, and want to scale your finances to the next level? then, you should understand how monetization of facebook actually works, so you can add it as a means of passive income and grow from there, formally full monetization of facebook was restricted for Nigeria and other few countries, so creators either relocate to eligible countries, or have someone in an eligible country create a page, or become an admin on their behalf, but Facebook (Meta Inc) recently anounced full monetization of facebook for Nigerian creators, come JUNE 2024 either your making videos (reels) or engaging by texts.

Who is eligible to monetize their pages on Facebook?

To monetize your Facebook page, you must meet certain requirements and conditions. You must have a Page associated with your account or turn your Facebook account to Professional mode, be at least 18 years of age, and you must have an active payment account.

Also, every content creator must offer original, unique exclusive content, videos, and ads that comply with Facebook’s Monetization Eligibility Standards.

You must also ensure that your content does not contain any prohibited items, such as adult content, hate speech, or illegal activities. you must ensure that your videos, ads, or live streams are not misleading or deceptive in any way.

In addition, there are more requirements for page monetization of Facebook itself, every page must:

  • Have at least 5000 followers
  • Have published content within the past 60 days;
  • Have at least 5 videos and 60,000 watch hr on all videos
  • Adhere to Facebook’s terms and conditions;
  • Comply with Facebook’s Monetization Eligibility Standards
  • Facebook also requires that you have a valid payment method on file in order to receive payments.

This payment method must be a valid credit card, debit card, or PayPal account.

How do I know if I’m eligible to monetize my Facebook page?

To determine if you meet the Facebook monetization eligibility requirements for 2024, you can use Facebook’s integrated tool: the Monetization Eligibility Checker. Here are the steps:

1. Visit businessfacebook and log in with your Facebook account.

2. Click on the ‘Monetization’ option in the left-hand menu.

3. Find and click on the ‘Monetization Eligibility Checker

4. Select your Page from the drop-down menu.Monetization of facebook

The tool will display your Page’s monetization status, revealing if you meet the requirements to monetize your page.

This tool is crucial for those who manage multiple pages, providing a clear view of each Page’s eligibility status for Facebook content monetization policies

What type of content should be shared to monetize a page?

Pages must constantly post videos and content that are original, unique, and compliant with Facebook’s ad policies to earn money.

Monetization of facebook the popular methods

1.) STARS

Your Viewers will purchase Stars and send them to you during your live video or uploaded video to show support. Facebook pays you for the Stars and you earn Dollar .

2.)SUBSCRIPTION

You can create a subscription for your page and earn it on monthly basis. You will choose the monthly price and offer some extra benefits to grow the community of followers that subscribe to support you.

3.)Instream ads for live videos 

It is best for those who love broadcasting and it’s also applicable to previous live videos.

4. In- Stream ads.

Earning with your video content.

5. Ads on Reels

Earning with your reels

6. Performance bonus

The Performance bonus program is an invitation-only program that gives creators the opportunity to earn money on interactions on their public Facebook posts.

Common issues and solutions when monetizing Facebook content

If you encounter issues when trying to monetize your page on Facebook, there are a few possible solutions.

  • Firstly, make sure all eligibility criteria listed above are met. Make sure all your contents are original created by you
  • Additionally, review the payment settings section to ensure that all payment information is entered correctly.
  • Then check that there are no technical issues that are preventing you from getting monetised.

Lastly, thoroughly read through Facebook’s terms of use and monetization guidelines in order to ensure that your content does not violate any policies, also aside been paid by facebook, monetization of facebook also allow you feature your brick and mortar business online through your page and drive leads to your whatsapp which will eventually lead to you making sales and self paid. 

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If you are still having trouble monetizing your page, you may need to contact Facebook directly. They have a dedicated team of experts who can help you troubleshoot any issues you may be having. On top of that, you can join online forums and ask other page owners for additional information on how to monetize your page successfully.

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