In recent times, Facebook monetisation has become a digital way of making money. People now earn money via Facebook by offering their audience something of value. If, for instance, you’re making money from selling clothes or offering coaching services via Facebook, you can consider it a form of Facebook monetization.
Of a significant note, users’ employ various ways to monetize their products or services. They choose to monetize their Facebook Page, their Facebook Group or use Facebook ads.
In this article, we’re going to focus on the ways you can monetize your Facebook page.
Sell digital content:
One of the best ways to monetise your Facebook page is to sell digital content to a community with shared interests, for example: a Facebook group. This makes it simpler to promote goods and services when you create a community of like-minded individuals.
Of course, you’d need a marketing strategy if you want to start selling digital content like ebooks and online courses. You might start by posting about it on your Facebook profile or sending it to your close friends and network.
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Fan subscriptions:
Another way for creators to monetize their work is by paying a monthly fee in exchange for privileges such as exclusive content, better access to the creator, special discounts on merchandise, and a distinctive badge next to their name emphasizing their status .
This affords you the freedom to select the advantages your supporters enjoy and the pricing (range from.99 to 99.99 USD) that best suits you, hence giving you a fertile ground to build up a consistent revenue stream with flexibility.
In-stream ads:
You may also consider using in-stream advertisements for Facebook monetisation. In-stream ads may give room for content creators to monetize longer, more genuine videos by adding adverts to them. The ad placements that can be added to your content are of three types, namely: pre-roll, mid-roll, and image advertising.
When a streamer chooses to set an ad break, an audience watching the stream will see an ad of 5-15 seconds in length. Therefore, the streamer receives 55% of the revenue, while the rest goes to Facebook.
The ad experience will be customized for the user based on where they are watching once you choose which videos you wish to make money from.
