What is Facebook monetization?
So, what exactly does ‘Monetize Facebook Page’ actually mean!? To put it simply, Facebook monetization is making money from something of value that you provide to your audience. Whether it’s earrings or your online courses or coaching services. If you’re making money from it via Facebook, you can consider it a form of Facebook monetization.
There are various ways you can use Facebook to monetize your products or services. You can monetize your Facebook Page, your Facebook Group or use Facebook ads. In this article, we’re going to focus on how you can monetize your Facebook Page.
Why you should monetize your Facebook Page
Time and time again we hear of companies that grow from nothing to something overnight, but what we often don’t see is all of the hard work and time they’ve put into growing a massive following before launching their product or service.
Launching a product or service without having a readily available audience can be really challenging. The classic approach of “If you build it, they will come” doesn’t work in today’s highly competitive marketplace. People have more options than they’ve ever had before and having a loyal audience who trusts you and believes in what you offer is your golden ticket to success.
Facebook monetization guidelines
Facebook isn’t a place you can own, manage or fully control so it’s important to read through and refresh your memory on Facebook’s guidelines to ensure that you’re following the rules before choosing to monetize your products or services on the platform.
Here’s a summary:
Share authentic content.
Develop an established presence. (This means your account must be at least 90 days old).
Comply with Facebook’s community standards.
Comply with Facebook’s payment terms.
Comply with Facebook’s page terms.