How to Apply for Facebook Monetization

Facebook has now created an avenue for you to monetize your Facebook account; this means you can earn money from the content you post daily on your pages or profile.

Facebook monetization offers you the opportunity to actually make passive income from doing what you love, most especially if you are a content creator or someone in the media industry.

When your Account is monetized, you will start earning through in-stream ads, ads on reels, Live ads, stars, bonuses, and subscriptions. 

The type of in-stream ads you will  earn from includes:

• Ads that play before a video starts.
• Ads that play during your videos.
• Static image ads will display beneath your content, and ads that appear before the end of your content.

To achieve this, Facebook requires that you create an account with your real identity or own a business page where you render your services.

Despite the juicy benefits the Facebook platform offers, getting your account monetized is not easy; you have to pass through some procedures and meet the Facebook Monetization Policies and Eligibility. 

Facebook Monetization Policies

Facebook requires that you pass the following policy to be granted eligibility for monetization.

1. Community Standards

Facebook requires that you produce content that:-

• Are Authentic and Original 
• Are Not harmful to your Audience and portray nudity 
• Protect personal privacy and sensitive information 
• Respect the dignity of others

2. Partner Monetization Policy

This policy focuses majorly on your account level; it addresses 

• The nature and behavior of your Facebook Account 
• The rules guiding the content that you create 
• How the content is shared 
• How your Account receives and makes online purchases.

3. Content Monetization Policy 

This policy focuses on the content of the video or post that your page or profile publishes. It emphasizes that content created in the following format will not be monetized 

• Video content  that has one static image with little or no motion
• Static photos created with the sole aim of increasing views and engagement  
• Image slide shows 
• Looped videos or content that displays the same segment repeatedly.
• Content that displays moving images with texts 

Monetization Eligibility Requirements 

For you to be eligible for Facebook monetization, then you must meet the following criteria 

1. Nationality: You must be a citizen of any of the Facebook monetization-eligible countries in which Nigeria and Ghana have been enlisted.
2. Age Limit: You or your Facebook administrator must be at least 18 years of age.
3. Followers: For some monetization tools like in-stream ads, you must have at least 5,000 genuine and active followers, while in-stream ads for life require you to have at least 10,000 followers.
4. Engagement: You must have a high video engagement of about 60,000 minutes viewed for in-stream ads and 600,000 for in-stream ads for live within 60 days.
5. Number of Videos: You must have at least five active videos on your page or profile.
6. Meet the Monetization Policy: You must follow the Facebook monetization policy listed above.

How to Apply for Facebook Monetization 

After meeting the monetization policy and Facebook requirements, you can either monetize your Facebook profile or page.

Page Monetization 

To monetize your Facebook page, follow these guidelines 

1. Go to Meta Business Suite from your Desktop 
2. Click on monetization on the left side of your page menu
3. Select the page you want to monetize 
4. Click on the monetization tool that you meet its eligibility and criteria 
5. Fill in the necessary information and set up a payment account 
6. Submit your page for review 

Profile Monetization 

To monetize your Facebook profile, follow these guidelines 

1. Turn on professional mode from your dashboard using a mobile device
2. Go to tools to try
3. Select monetization from the top right corner 
4. Select the monetization tool that you meet its requirements and criteria 
5. Fill in other necessary information and set up a payment account 
6. Submit your profile for review 

How to Start Earning 

Monetizing your Facebook profile and page is not the end; you need to work really hard to start and be smart to earn so you will not be demonetized. Here is what you must do 

• Create High-Quality Content 
• Publish on a regular schedule 
• Track and monitor the number of viewers that watch your videos each week using loyalty insights in Meta Business Suite. If you notice any increase in video views, focus more on producing that kind of content.
• Respond to comments and questions faster
• Share links to all your videos on all of your other social media platforms.
• Share your content strategically in order to grow your fanbase and increase engagement.
• Create and nurture a loyal community.

FAQ

Is Nigeria Eligible for Facebook Monetization?

Yes, Nigeria has been enlisted among the countries eligible for Facebook monetization.

How much will I earn per 1,000 views?

Facebook pays an estimate of 0.01$- 0.02$ per view for ads reels. However, the potential earnings fluctuate based on certain factors.

When will I get Paid?

Payments are done around the 21st of every month for the earnings you made in the previous months to your payout account upon request.

How Long Does it Take for Me to Receive Payment?

Depending on your payout account setup, Payment takes up to 1-7 working days. 

Final Thought

Facebook frowns at those who use certain illegal means and algorithms to get monetized, and using bots to acquire followers and increase engagement will lead to the automatic demonetization of your Account. 

Always seek legitimate means how to grow your Facebook followers and increase engagement. The Facebook community will get back to you in 72 hours once your Account is fully reviewed and verified.

Once your eligibility has been confirmed and all criteria are met, Facebook will start paying you using any of the monetization tools. 

There are certain factors that might affect your earnings potential; they include your audience engagement, their location, the quality of your content, and video length.

All your earnings and payouts will be seen in your Payout settings on Facebook or Transactions under Payouts in Meta Business Suite.

You will be paid once a month to any of your payout setup accounts once you attain a minimum earning threshold of $25. Therefore, you must learn how to set up Facebook monetization payout account correctly to avoid any payment issues.

Payment will be made to you through Wire transfer or PayPal.