Meta is making significant investments in Facebook Reels, which is a short-form video feature similar to TikTok. Content creators who meet certain criteria can now place advertisements in their Reels or participate in monetized challenges to generate income. Additionally, app users are now able to financially support their preferred artists by giving them tips.
Facebook reels
Reels are short videos that users can improve with special effects and music. Reels are comparable to TikTok posts in both their format as short videos and their content as trendy, entertaining, and influenced by sound bites.
Meta has stated that Facebook Reels, which is considered the fastest-growing content format on the platform, has experienced significant growth. Users commonly allocate half of their time on Facebook and Instagram to watching videos. The presence of Facebook Reels has recently encompassed over 150 countries.
Facebook reels have a time range of 3 seconds to 60 seconds.
How to monetize Facebook reels
Ads
To be eligible for embedding ads in their Reels, content creators must meet the following criteria: having more than 10,000 followers, at least five videos, and 600,000 minutes of viewership in the past 60 days.
The new advertising options are presently accessible in the United States, Canada, Mexico, and an additional 50 countries. TechCrunch states that the revenue from overlay ads will be divided as follows: 55% to content creators and 45% to Facebook.
Before the announcement, the only option for content creators on the site was to include ads in their Facebook videos. However, with the introduction of Facebook Reels overlay ads, users will now have the ability to place marketing bumpers directly on top of their Reels, similar to stickers. The new ads will come in the form of banner ads, which are semi-transparent overlays located at the bottom of a Reel, and sticker ads, which can be placed anywhere within the Reel.
Stars
Meta has also disclosed that it will soon enable viewers to send stars to content creators during their Reel viewing experience. With each star sent, the creator will receive one cent from Meta.
Reels bonus program
After introducing Reels, Meta has experimented with various methods for creators to earn money from their projects. One such method is the Reels Play bonus program, where creators receive a bonus if their Reels achieve more than 1,000 views within a 30-day timeframe. This program allows creators to earn up to $35,000 per month, but it is only available to those who have received an invitation.
Challenges
Meta recently stated that it intends to grant bonuses to creators who publish original Reels on Facebook as well.
By participating in the challenges, creators have the opportunity to earn a maximum of $4,000 per month. These challenges are completed one after the other, with the next challenge becoming available as soon as the previous one is accomplished. However, once 30 days have elapsed, the progress is reset and the challenges start anew. Currently, creators need an invitation to join the Reels bonus program in order to earn money from these challenges.
How to make a reel on Facebook
The process of creating Reels on Facebook differs slightly for classic pages compared to professional business or creator pages.
Creating Reels on Classic Facebook Pages
To try out Reels on your classic Facebook page before publishing them on your creator page, follow these sequential steps:
- Open your Facebook page.
- Navigate to the bottom of the page, under “Create a Post,” and select “Reel.”
- Either hit the record button to add new video, or tap the photo icon in the bottom left corner to add video clips to the Reel.
- Write a description, and be sure to use appropriate hashtags to get your Reel the credit it deserves.
- Choose an audience for your Reel; unless you’re a minor, it’s set to public by default.
- Hit the “Share Reel” button.
Creating Reels on Professional Facebook Pages
To enable professional mode for a profile, adhere to the following steps:
- Open Facebook.
- Hit the create button from the Reels section of your feed, or the camera icon in the top right corner if you’re viewing a Reel.
- Tap “Record for New Video” or the photo icon in the bottom left corner to add video clips to the Reel.
- Add sound effects, text, or other creative tools to your Reel.
- Tap “Next” and write a Reel description.
- Choose an audience for the Reel.
- Tap “Share Reel.”
After sharing a Reel, it can be found in your Reels profile. In addition, Meta has revealed upcoming features that will be introduced at a later date. These features will allow users to share Reels in Facebook Stories and add Reels to the top of their feeds.
Tips to Make More Money With Facebook Reels
As per Meta, for Reels to be successful and easy to find, they should captivate an audience, narrate a story, be relatable, or inspire others. Allocate some time to experiment with various content types and editing effects to determine what captures the attention of viewers.
If you want to increase your audience, make sure to focus on producing high quality content when creating engaging Facebook Reels. It is important to entertain your audience and capture their interest with videos that they can relate to. Reels with low video quality and content that is obviously taken from other apps are not as enjoyable for viewers and are less likely to be noticed on the Facebook app.
1. Be Imaginative and Unique
In order to make Reels relatable and gain attention, you have the option of utilizing your personal talents and abilities to respond to the most recent popular hashtag. Conversely, you could also initiate and promote a trend that is easily accessible for others to join in.
To make the most of Facebook Reels, utilize its various creator tools such as text, filters, and camera effects. Employ effective lighting and shooting techniques, opt for vertical video rather than horizontal, and include musical accompaniment.
The audio choices provided enable you to search for a song from the Facebook music collection or utilize your own unique audio. Additionally, you have the option to utilize audio from public reels. Furthermore, you have the ability to apply effects, modify the speed, incorporate a timer or countdown, utilize the multi-clip function, or create a remix.
To achieve success, it is advisable to create imaginative and distinct videos that are truly authentic. It is also beneficial to explore various content formats, such as tutorials, product education, or entertaining clips, to discover your strengths in video production and interact effectively with your audience.
2. Use Storytelling in Reels
The use of a narrative in Story-telling Reels entices viewers to watch the entire clip, which results in better video performance. You can create a story teaser by utilizing the video clipping tools, which allow you to extract a clip from a longer video that conveys a broader story.
3. Create Content that Viewers can Relate to
Some of the best ways to inspire your audience and create relatable content are reels that showcase hashtag challenges, motivational moments, and videos that pose questions.
4. Share your Reels in Facebook Groups
Reels on Facebook Groups can now be shared to reach a larger audience. While watching a Reel, a Facebook user can now directly follow the creator of the video. Additionally, they have the option to like, comment, and share the clip with their friends.
5. Create Reels for New Spots on Facebook
Meta has implemented new methods for Facebook users to generate and explore Reels in alternative locations. Users now have the ability to locate Facebook Reels within their Feed, Groups, and Watch.
To increase visibility and reach, you now have the option to share your public Reels to your Facebook Stories and produce Reels from your already existing Facebook Stories.
In addition to the ability to create Reels in the Watch tab, users can also watch Reels directly within the Watch tab. Furthermore, Facebook has included a new Reels label at the top of Feed, and they are recommending Reels from users that the viewer does not follow.
Meta is currently working on developing methods for creators to easily share their Reels on Facebook and Instagram, such as crossposting.
Here are some steps to get started on making money from Facebook Reels. Make sure to use Facebook Reel’s editing tools and pay attention to Meta’s regular updates on the creator studio. This way, you can optimize your content and maximize your monetization opportunities.
How Much Money Can You Make With Facebook Reels
Reaching over 150 countries worldwide, Facebook Reels can be accessed on both Android and iOS platforms within the Facebook social media network. As users on Facebook and Instagram devote approximately half of their time to video consumption, Reels has become Meta’s most rapidly expanding content format.
The primary goal of the social media giant is to improve methods for creators to gain recognition, engage with a following, and generate income. Meta is providing new tools for creation, simplifying the process of discovering and sharing pertinent content for users, and expanding the platforms available for viewing and producing Facebook Reels.
Meta has launched the Reels Play bonus program as a component of their $1 billion creator investment. This program provides eligible creators with the opportunity to earn up to $35K per month, depending on the number of qualifying reels and views.
Creators who are part of Meta’s in-stream ads program in the US, Canada, and Mexico can earn money from Facebook Reels by utilizing features such as overlay ads and Stars, allowing them to monetize their publicly-shared Reels.
The impact of all this investment has already been observed. There has been an 88 percent increase in the number of content creators on Facebook earning $10,000 per month from 2019 to 2020, and a 94 percent increase in those earning $1,000 per month.