Meta helps make the generation of profit from customers simple for content creating units.
To make monetization more accessible for users, Meta announced the joining of three of its monetization programs for creators within Facebook. Until now, they could earn money through three distinct methods: and Mid Roll ads, Reels ads and special ad incentives. All of these methods had a set of inclusion criteria and procedure for registration.
A new concept – a unified monetization program
The new content monetization program from Facebook is meant to make these processes easier for the creators. In fact, they will only have to register and follow the integration process a single time.
While sharing the results of its most recent revenue report, Meta shared that over the past year it has paid over $2 billion to creators who have produced Reels, videos, images, and text posts. But the company has also said that the creators do not make decent money on the platform, only one third of the creators earn something from more than one of its programs.
Because of this we used a payment model that prompt reimbursement based on the work done with the implementation of the performance rewards.
The merged monetisation program will operate in the way that the previous two programs have done, with the usage of a performance-based payment system. Monetized users will still be able to earn money from ads in Reels, long form videos, images as well as text posts.
Meta will also make them allow to look at a new tab called Insights that will show them the revenue levels depending on the kind of content they post, and it will also show them their most profitable videos and posts. Before there were different Insights tabs for each program but all in one combined into one page on the website.
The implementation of a new program that is to be trialed in an organization.
Introducing this new source of monetization is still possible only in the test version and will remain in this status until next year. Next week, the company will begin sending out an invite to 1 million monetised creators on the social network to join its beta tests. In the next few months, invitations will still be issued.
