Today I will give you an overview on how to make money from your videos or vlogs on Facebook and Youtube.
As of March 2019, the two popular and widely used major companies that can pay you from cents to millions depending on how well your videos perform.
That’s Google Inc. through Youtube and Facebook Inc.
To give you an overview how these monetization programs work, let me give you a specific example.
A certain company like Samsung (advertiser) will pay Youtube or Facebook to show ads to people that use their services. Those are the ads we see on Youtube and Facebook videos.
If your video is watched and these ads are watched by your viewers, you will get a percentage of payment from advertisers (Samsung in our example) which will be sent to you by Google or Facebook every 20-22nd of the month if you reached the $100 monthly payment threshold.
So before starting your video channel, make sure to create not just a Youtube page but also a Facebook page to take advantage of two programs for one video content.
For starters, all you need to do is to reach the minimum eligibility requirements for both.
-At least 18 years old, or have a legal guardian older than 18 years of age who can handle your payments via AdSense.
-Must have at least 1,000 subscribers and 4,000 hours of overall watch time within the past 12 months
- At least 10,000 followers
- 30,000 one-minute views on videos that are at least 3 minutes long for the last 30 days
- A bank account where Facebook will the payment
We will discuss the application process for Youtube and Facebook in the following blogs. For now, I will leave you with this inspirational clip of a kid that earned $11 million by just playing with his toys.