You probably know that you can monetize your personal Facebook page. However, we’ll focus on monetizing your Facebook business page for this blog pos
You probably know that you can monetize your personal Facebook page. However, we’ll focus on monetizing your Facebook business page for this blog post. If you’re an entrepreneur or a small business owner, you can create income streams by monetizing your Facebook page. If you have pushed your Facebook business page aside, it’s time to dust it off and make money online. We’ll share with you how to monetize your Facebook page so you can earn.
1. Facebook Reels Play Bonus Program
You can make up to $35,000 dollars per month making Reels and publishing them on Facebook.
Yes, that’s right, Facebook allows certain creators to earn from creating Reels. You may earn Reel bonuses if your content achieves certain performance milestones while you’re in the program.
Want to know if you’re eligible? Well, according to their requirements, you must be:
- Based in the US or India
- At least 18 years old
- Applying from an account that is older than 30 days
- Meeting Community Standards
- Applying from a Page or profile in professional mode at this time
In addition to those requirements, you must already make Reels. As a matter of fact, you need to make at least 5 Reels and receive at least 100K reels plays in the last 30 days.
Want to get started? Well, this is an invite-only feature. Therefore, Facebook will send you an invite, and you’ll be able to start earning. However, now is a great time to work on creating high-quality reels and getting your views up to increase your chances of getting an invite. You can find out more on their official page.
2. Instream Ads
Have you ever noticed an ad while you’re watching a YouTube video? YouTube pays creators if the viewer watches or clicks on the ad.
Now, you can earn money by placing ads in your Facebook videos. Facebook allows you to do three types of ad placements. You can do pre-roll, mid-roll, and image ads.
Facebook says, “You decide which videos you want to monetize, and then when we tailor the ad experience to the viewer based on where they’re watching.”
You can either choose where you want to put the ads or let Facebook choose for you.
If you think that this can’t be lucrative, think again. A makeup artiste who is known on the platform as Tattisbeautypro was able to earn 4 times what she usually does with instream ads. She did Facebook Lives on the platform and earned money from it. However, 75% of the revenue from these Lives was from instream ads. You read more about her story and get motivated.
3. Fan Subscription
The people who love your content the most may be willing to pay you. A fan subscription is an awesome way for your followers to support you on a monthly basis. This is one of the most consistent ways to earn on the platform.
However, make sure you’re giving your fans value for their money. That means you can give them subscriber-only content. That could be exclusive Lives, discount codes, or any other benefit encouraging them to pay you monthly.
You can get started by going to your Creator Studio.
Speaking of fan subscriptions, you can subscribe to us for:
- Exclusive content. You’ll get posts, videos, photos, and polls that only subscribers can see.
- Premier discounts on merchandise and other products available only to subscribers of She Boss Talk.
- Exclusive broadcasts that are only accessible to subscribers of She Boss Talk.
- A place for subscribers of She Boss Talk to discuss topics and see exclusive posts.
4. Paid Online Events
Another great way to make money on Facebook is by charging a fee to attend your online event. So, Facebook gives you the ability to create an event, charge a fee, promote the event and host it in one place. That’s pretty convenient!
Setting up a paid online event on Facebook is also a great way to host:
- Broadcasts of a conversation
- Other virtual events, such as a presentation and a meet and greet
In addition, you can include a donate button on your online event to raise money for various causes.
You can also monetize your Facebook Lives, so think about charging for your next one!
5. Facebook Shops
Have you ever considered selling your products on Facebook shops?
If you got an email or notification from Facebook that you can set up Shop, you should get started. It’s an easy and convenient way to sell your products.
Once you’re allowed to set up Shop, you should:
- Go to Commerce Manager to set up your Shop
- Customize your Shop in Commerce Manager
- Publish your Facebook Shop
- Promote your Facebook Shop
One tip we can offer is to create collections. According to Facebook, “Each collection will have a name, description, cover media and include at least 2 or more products. You can organize products into collections with a variety of themes that can help your customers find products that are right for them.”
You can visit our blog post, where we teach you how to make money from Facebook Shops.
These 5 ways to monetize your Facebook page can provide viable new income streams for you. We recommend getting familiar with Creator Studio and focusing on creating quality and valuable content for Facebook. Chances are you’ll be able to capitalize on all or at least some of the programs that we mentioned. Facebook also provides a wealth of information on each of these programs.
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