Facebook Inc. will allow content creators on its platform to earn revenue from short-form videos via advertisements, the social network said on Thursday.
The announcement came in a blog, where the company detailed its plans to help creators make more money, as smaller tech rivals have been racing to attract famous social media personalities. Facebook said creators can now earn ad revenue from videos as short as one minute, down from three minutes previously. It will also begin testing ads that look like stickers, which content creators can use in their Facebook Stories to earn money.
Facebook brings good news to users who want to make money from social networking sites.
According to international media reports, Facebook has introduced a new feature, deciding to share its revenue with aspiring users
Facebook wants users to earn extra money with the help of social media, for which they will have to make short videos and post them.
According to reports, Facebook has decided to introduce a new advertising program, after which those who create unique videos on Facebook will be able to earn easily.
The report states that under this program, advertisements will appear on the content of those who share short and live stream videos, from which the company will pay them under the agreed program.
“Users will now be able to make better money than ever before with short and long but live videos,” said an official with Facebook’s monetization department.
He stated that the aspiring user must fill out an online form, which must have 10,000 followers and 10,000 minutes of views within a month. Users who meet these conditions will be considered part of the program.
An official of the Monetization Department said, “A user joining the program will be paid 2 to 3 cents for two to three thousand views. Making 200 to 20,000 Dollars under this program is not a difficult task.