There are many ways to make money online, from Blogging and Vlogging to Webdevelopment. In 2023, you don't have to invest in expensive web hosting or state of the art filming equipment to make money online. Below are ways you can make money online on Facebook without hurting your wallet..jpeg)
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Facebook is the world's leading social media platform with over 2.9billion active monthly users. The platform has become popular with businesses seeking to promote their products to potential and repeat customers online, through sponsored posts and influencer marketing.
Before you can start making money on Facebook through the methods below, you need to check your monetization eligibility. To get started, visit Creator Studio, and select Monetization then click Overview.
How to make money on Facebook with Facebook Creator Studio
The Facebook Creator Studio, is a free platform for creators to manage and monetize their Facebook pages and profiles. This should be the first destination for anyone seeking to monetize their Facebook account.
Below are Four sure ways you can make money on Facebook, with an already established Facebook audience using the Creator Studio.
1 | In-stream-Ads(For Video Creators and Livestreamers)
In-stream-ads help you make money by including short ads before, during or after your videos. Facebook automatically identifies natural breaks within your video content for ads placement or you can manually choose where you want your ads to appear.
Your earnings on In-stream-Ads are determined by things such as the number of video views and who the advertisers are.
In-stream-ads are better for longer videos that are suitable for advertisers, to be eligible you need to adhere to the Facebook partner monetization policies.
2 | Fan Subscriptions(For Facebook Page admins)
Facebook Fan Subscriptions is a way for pages to benefit from their followers, by setting a monthly subscription for access to exclusive content.
By identifying members through the special badges provided on comments by Facebook, you can reward them with perks like premium content and discounts.
This works where you provide special (exclusive) content on your page that only followers that pay can access.
To add a paid audience subscription to Facebook, you must have a large active following and interested in Providing exclusive bonus content. Currently, eligibility to Fan Subscription is by invitation only.
3 | Branded Content(For Facebook Pages with more than 10k followers)
Brand Collabs Manager, was created to connect content creators and their audience to Brands.
Branded Content is best for pages with an active, loyal following with topics that most brands won't see as risky.
Before you start brand Collabs, it's good to make sure your page doesn't host any content, that might damage a brand's reputation. Remember the goal is to make your page as exciting as possible to your audience and potential brand partners.
To get started, you need to request access. You also need to apply for Brand Collabs Manager.
4 | Subscription Groups(For Facebook Group Admins)
Unlike other methods above, that require you to have a page with a huge follower count, to qualify for subscription groups, you need to be a group admin with an active community, and comply with Facebook partner monetization policies.
Bonus; Other ways to make money on Facebook that don't require many followers :-
Now, if you don't have a page with thousands of Followers or a highly engaging group, you can still make money on Facebook in 2023.
5 | Make money through affiliate marketing
Affiliate marketing is one of the easiest ways to make money on Social media. With Facebook affiliate marketing, you can start making money without investing in expensive web hosting or domain names.
With affiliate marketing, you make money by promoting links and earning a commission for qualified leads.
You can sign up to an affiliate marketing program like Impact Radius or Jumia to get started.
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