Facebook takes aim at TikTok by letting users earn money off minute-long videos (2024)

  • Facebook will now allow creators to insert ads into 60-second videos and live-stream events.
  • Facebook's director of app monetization said the company is focusing on short-form videos.
  • Users must have at least 600,000 total minutes of viewed content within 60 days to qualify.

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Facebook announced plans to help creators further monetize their content on Thursday.

The product update allows creators to earn money off minute-long videos and live stream events, as well as opening up ad opportunities for more users.

Facebook's update could be an attempt to compete with TikTok on short form videos. Yoav Arnstein, Facebook's director of app monetization, said the company is looking to further empower creators that generate short-form and live videos.

The social-media company's new ad program gives Facebook creators an easier way to generate money off their videos and makes the app more competitive with the revenue creators can generate on TikTok.

On TikTok, influencers can monetize their views through the app's Creator's Fund. Members of the fund must have at least 10,000 followers and views within 30 days of applying. Through the program, influencers generate about 2-4 cents per 1,000 views, according to the media site Tubefilter. Most TikTokers with enough views or followers to generate paying opportunities make a majority of their money off brand deals, which generate between $200 to $20,000, Tubefilter reports.

Facebook's ad campaigns generate an average of $8.75 per 1,000 views, according to the Social Media Examiner. Tubefilter found Facebook creator revenue fluctuated in 2020, with some influencers generating millions of dollars off the site, while others with millions of views received little to no pay out.

Previously, Facebook's monetization program catered to videos that had to be at least three minutes long and was invite only for live in-stream ads. The latest update will expand the number of users who will be able to make money off their videos on Facebook.

To qualify, a Facebook user's page must have at least 10,000 followers and 600,000 overall minutes worth of views within the past two months, as well as at least 5 uploaded or live video streams. Creators can check their eligibility for the expanded program on Facebook's Creator Studio page.

Arnstein said the update is catered toward artists who have been heavily impacted by the pandemic. The new policy will help performers who were forced to go from live touring events to live-streaming on Facebook.

"We want them to have the tools and support they need to earn money and thrive, whether creating and sharing content is a primary business, one of many revenue streams, or a lifeline that's kept their business afloat during the pandemic," Arnstein said in the press release.

Creators will also be able to access more fan support through Facebook's invite-only Stars program, which allows viewers to send gifts and creators to further monetize viewer support.

Facebook said it is testing sticker ads in its stories feature, which would allow for creators to generate more money off them.

The app is further developing its paid online-events feature that was launched in August and plans to continue to avoid collecting any percentage of revenue off paid events until at least August 2021.

Facebook takes aim at TikTok by letting users earn money off minute-long videos (2024)

FAQs

Is Facebook paying for videos? ›

Revenue from sponsored Facebook videos will be based on a few factors: the number of views, the number of ads user watched in a single view and the amount of time spend on each video. From the total income, the creator of an advertisem*nt will get 55 percent of income, and the platform will get the rest (45 percent).

Can I monetize 1 minute video on Facebook? ›

Can I Monetize a 1-minute Video on Facebook? Yes, videos must be at least one minute long to be eligible for ad-revenue. You also need to be in a country that allows for ad-based payouts.

Does Facebook give money for views? ›

In-stream ads

Advertisers and the number of video views determine your earnings. The types of in-stream ads include: Pre-roll ads: Short spots that run before your video is played. Mid-roll ads: Ads that are played during natural breaks in your video.

Will Facebook pay you for content? ›

Facebook Stars enable you to monetize your video content and photo and text posts on Facebook. Viewers can buy Stars on Facebook and send them to you while you're live, for on-demand videos that have Stars turned on, and for text and photo posts. Viewers can also buy virtual gifts with their Stars.

How much do you get paid for 1 million views on Facebook? ›

On average, 1 million views pays about $1,000, Shaba said. Sometimes, a video with about 1 million views can earn upward of $1,500 depending on the CPM rate, or cost per thousand views, Nonny added. (Insider verified these earnings with screenshots of their Facebook creator studio.)

How much do you get paid for 1 million followers on Facebook? ›

Influencers with up to 1 million followers can get $10,000 [per post], depending on the platform, and 1 million followers and up, you're getting into territory where they can charge $100,000. Some can even get $250,000 for a post!

How much does Facebook pay for reels views? ›

Our Reels Play bonus program, part of our $1 billion creator investment, pays eligible creators up to $35,000 a month based on the views of their qualifying reels.

Who pays more Facebook or TikTok? ›

TikTok Earned $205 Million More Than Facebook, Twitter, Snap And Instagram Combined On In-App Purchases In 2023. Opinions expressed by Forbes Contributors are their own. John Koetsier is a journalist, analyst, author, and speaker. Social networks are doubling down on in-app payments, led by TikTok.

How can I make money on Facebook without selling anything? ›

6 Ways to make money on Facebook
  1. Create videos with in-stream ads. ...
  2. Add a paid subscription to your page. ...
  3. Collaborate with brands. ...
  4. Earn money directly from your fans. ...
  5. Run paid events online. ...
  6. Drive visitors to your online store.
Nov 1, 2022

How to get free TikTok money? ›

Can you make money on TikTok? The short answer is: Yes. To make money on TikTok directly you must be 18 years of age or older, have more than 10,000 followers, and have at least 100,000 views over the last 30 days. You can then apply to the TikTok Creator Fund in the app.

How do you get Facebook to pay you? ›

  1. Sell your products. Sell online or in person.
  2. Check out customers. World-class checkout.
  3. Sell online. Grow your business online.
  4. Sell across channels.
  5. Sell in person. Point of Sale (POS)
  6. Sell globally. International sales.
  7. Sell wholesale & direct. Business-to-business (B2B)
  8. Accept online payments. Set up forms of payment.
Nov 1, 2022

How much does 1,000 views cost on Facebook? ›

Facebook Ads CPM (Cost Per 1,000 views) – $14.9. Facebook Ads CPC (Cost Per Click) – $0.44.

How do I earn money on Facebook $500 every day? ›

How to Earn Money on Facebook [9 Great Ways to Make $500 or More Every Day]
  1. Affiliate marketing.
  2. Facebook Marketplace.
  3. Facebook Live.
  4. Instant Articles.
  5. Sponsored content.
  6. Subscription groups.
  7. Free Facebook groups.
  8. Selling your services.
Nov 22, 2022

Does Facebook pay for likes? ›

A like is counted as paid if it happens within one day of someone seeing your ad or within 28 days of someone clicking on your ad. For example: If someone views an ad for your Page and likes your Page several hours later, it'll be counted as a paid like because it happened within one day of viewing your ad.

How much does Facebook pay for followers? ›

Facebook doesn't pay for followers, but having a lot of followers on your Facebook page does help you earn more money when you monetize your content. Because most revenue through ads is calculated on the basis of views, having more followers does end up becoming a form of passive income.

How much does TikTok pay per view? ›

Top creators say that TikTok pays contributors between 2 and 4 cents per 1,000 views through its TikTok Creator Fund. Doing the math, that means creators stand to earn $20 to $40 dollars per 1 million views through the program.

What happens when you get 1,000 followers on Facebook? ›

having 1,000 followers means 60 people would see your post. having 10,000 followers means 600 people would see your post.

How many followers do you need to get paid on TikTok? ›

If you want to make money directly from TikTok, you'll need to have at least 10,000 followers, plus at least 100,000 video views in the last 30 days. Read more about the TikTok Creator Fund below.

How much Facebook pay for 10k views? ›

(Ad CPM x ad views)/1,000 = Your earnings.

' This is the price you pay for 1,000 impressions on your Facebook ad, depending on what kind of content you create, the target audience, and so on. For example, if your ad CPM was $4 and your video had 10,000 views, it would net you $40.

Can Facebook pay for 1,000 followers? ›

Here's how you can become eligible to earn money for Stars that you receive: You must meet Community Standards. You must pass and remain compliant with Facebook's Partner Monetization Policies and Content Monetization Policies. You must have 1,000 followers for at least 60 consecutive days.

How much money for 1 million followers on TikTok? ›

How much money does 1 million TikTok followers make? TikTok creators with 1 million followers or more can expect to make an average of $1,500 per post for branded content. One creator, Jenn Leach, reported earning $88 for 1.6 million views, which works out to 6 cents per 1,000 views.

Will Facebook pay me for reels? ›

Payouts for the Facebook Reels Play bonus program

You will receive your payouts once a month after you earn the minimum balance of $25, subject to compliance with all applicable terms and policies at all times, including through the time of payment.

Who is eligible for Facebook reels bonus program? ›

You must have created at least 5 Reels in the last 30 days. You must receive at least 100K reels plays in the last 30 days. You must apply from a Page or profile in professional mode at this time.

Why do people make so much money on TikTok? ›

The TikTok Creator Fund is TikTok's program that pays users for creating engaging content. The more engagement your videos get, the more TikTok pays you. TikTok wants users to stick around (to make advertising money), and they'll pay creators who help in that mission.

Who is the most paid person on Facebook? ›

In 2021, Chief Operating Officer (CPO) Sheryl Sandberg was the highest-paid Facebook employee with a total compensation of over 35 million U.S. dollars, up by over ten million in 2020.

Who pays better Instagram or TikTok? ›

Influencers across the two platforms with similar follower counts earn an average of up to 200% more on a typical Instagram brand collaboration than they do on a typical TikTok deal.

How to make $500 a day? ›

How to Make $500 a Day
  1. Work As an Influencer.
  2. Become a Freelance Writer.
  3. Monetize a High Traffic Website.
  4. Start a Service-Based Arbitrage Business.
  5. Rent Out Space In Your Home.
  6. Flip Stuff.
  7. Create a P.O.D product.
  8. Amazon FBA.
Apr 26, 2023

What is the fastest thing to sell on Facebook? ›

Best Selling Items on Facebook Marketplace
  • Clothing, Shoes & Accessories. The demand for clothing and accessories never deteriorates. ...
  • Home Furnishing. Furniture is the most common category on Facebook to sell. ...
  • Pet Supplies. ...
  • Kids Stuff. ...
  • Handmade Items. ...
  • Electronic Goods. ...
  • Gardening Item. ...
  • Homeware & Home Decor.
Jan 6, 2023

What happens when you get 10,000 followers on Facebook? ›

With the recent changes to the Facebook algorithm, only a small percentage of your followers (no more than 4 %) will see your status updates. This number can vary, but it is important to understand now that if you have 10,000 fans and post a new update, it will be seen organically by a max of 300-400 people.

How can TikTok start paying you? ›

To start making money on TikTok:

You must have a minimum of 10,000 followers. Your videos must have 100,000 video views in the past 30 days. Your account must adhere to the TikTok Community Guidelines and terms of service.

How much does TikTok pay monthly? ›

How much does TikTok pay monthly? Many TikTokers earn as much as a full-time salary from posting videos on TikTok. As mentioned, top Playlist Push creators and influencers make over $4K per month.

Why won't Facebook Pay me? ›

Facebook Pay not working is usually due to you or the other person not meeting some basic requirements, like location or age, or because a valid payment method isn't being used.

How to get 5000 followers on Facebook for free? ›

Use Facebook Groups: Join groups related to your niche and share your content there. This will help you reach a wider audience and gain new followers who are interested in your content. Promote your page: Share your page on other social media platforms, your website, and in your email signature.

How many followers do you need to get verified on Facebook? ›

Ensure the number of your followers is over 500; otherwise, you won't be able to apply for the badge. It's also worth mentioning that the process of checking profiles is more complicated and challenging than for pages. Despite this, both account variations can go through it. Confirm that you're a real person.

How much Facebook pay for videos? ›

Facebook's revenue-sharing model generally pays content creators based on the number of ads displayed to their audience and the resulting engagement. If Social Media Examiners' claim stands true, for every 1,000 times an ad is displayed on Facebook, the creator will earn an average revenue of $8.75.

How much is 1 million views on Facebook? ›

On average, 1 million views pays about $1,000, Shaba said. Sometimes, a video with about 1 million views can earn upward of $1,500 depending on the CPM rate, or cost per thousand views, Nonny added.

How do I get paid on Facebook? ›

6 Ways to make money on Facebook
  1. Create videos with in-stream ads. ...
  2. Add a paid subscription to your page. ...
  3. Collaborate with brands. ...
  4. Earn money directly from your fans. ...
  5. Run paid events online. ...
  6. Drive visitors to your online store.
Nov 1, 2022

Does FB pay for reels? ›

Payouts for the Facebook Reels Play bonus program

You will receive your payouts once a month after you earn the minimum balance of $25, subject to compliance with all applicable terms and policies at all times, including through the time of payment.

Does TikTok pay you? ›

Can you make money on TikTok? The short answer is: Yes. To make money on TikTok directly you must be 18 years of age or older, have more than 10,000 followers, and have at least 100,000 views over the last 30 days. You can then apply to the TikTok Creator Fund in the app.

How much TikTok pays for 1 million views? ›

We often get asked, “how much money does TikTok pay for 1 million views?” Short Answer: TikTok pays between $20 and $40 for one million views. However, the actual creator earnings can be significantly higher, which we'll talk about in detail in this guide.

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