Are you looking for a way to monetise your Facebook presence?
Creators on Facebook have several opportunities to monetise their presence and their content on the platform, from subscriptions for followers through to direct payment for high view counts and engagement.
In this article, we’re sharing a quick introduction to the best ways to be paid for your Facebook presence, as well as information you need to know about payout timelines and schedules.
The Best Forms of Monetisation for Facebook Creators
Offer Subscriptions to Followers and Fans
When you build a subscription package for followers, you invite them to pay a monthly amount and receive access to exclusive content in return.
The beauty of a subscription is that it will connect you and your content with your most engaged followers, rewarding them for their support and earning you a consistent monthly income.
Partner With Brands
Sponsored content, brand partnerships, and creator collaborations can all earn you money through Facebook, by getting you paid for sharing specific content.
Working with brands that operate in the same industry as you and that share the same audience as you will boost both your visibility and that of the brand – not to mention, many brand collaborations and partnerships pay well!
Earn Facebook Stars
When you host a live stream for your followers and fans, users can buy and send you Facebook Stars and Gifts. Though these are subject to commission from Facebook, ultimately, they translate into real, tangible money that you can then withdraw from your Facebook account.
You will be paid 1 cent per star that you are sent, meaning that earning potential may be slow at first but will ultimately prove consistent and reliable.
Sell on Facebook Marketplace / Through a Facebook Shop
Whether it’s selling items that you no longer need or want, or directly marketing your business products and services via a Facebook shop, the beauty of Facebook’s connected experience means that you are always just a click or two away from a captive and engaged audience.
You can sell via Facebook Marketplace with ease whether you are a business or private seller, while the Facebook Shop feature lets users connect an online store for in-app purchases.
Is Facebook a Good Place to Make Money?
All of these different monetisation options on Facebook allow you to earn money through your online presence. The best approach is to combine them all to maximise your income, rather than rely solely on one or two income streams.
How Often Do You Receive Payments From Facebook?
The timescale around the release of payments from Facebook depends on how much you earn and how you prefer to be paid, as well as your location.
Creators in the US will be paid once a month, provided earnings meet a minimum of $10. This remains the same regardless of your chosen payout method.
Outside of the United States, for a direct transfer, payments are made once a month and only after you have reached a minimum balance of $100. For other payment methods, payments are similarly made once a month but only require a minimum of $25.
And there you have it! A quick introduction to payments from Facebook – how best to earn money, and how often you can expect to be paid once you’ve earned sufficient income. The question is, how will you choose to earn money via social media?
