Facebook might soon let you earn money from your posts
Facebook has grown into a mammoth company and whether you like it or not, is a major part of all our lives. One of the most valued companies in the world, it has always tried to add newer revenue streams to its business model.
If the latest indications are true, then us, the users, may have reasons to cheer as our posts could end up making money.
With the launch of Instant Articles for publishers to deliver content and ads more quickly on mobile, Facebook had made it clear it was serious about monetising content.
A new user survey from the company hints at the possibility of Facebook allowing users to accept donations in posts — either to earn money or aid charitable causes.
The survey also indicated that the social network is considering other ways of generating revenue, including branded content and sharing earnings from ads on posts with Facebook.
It’ll be interesting to see if the company goes down any of these roads. The most straightforward path of allowing users to add a tip jar to their posts might see Facebook go up against blogging platform, which recently enabled publishers to monetise their work through sponsored content and monthly subscriptions.
Medium, which has already clocked more then two million posts from users, has seen heavy hitters like Femsplain and The Awl, as well as blogs from Time and Fortune sign on to its networked service to take advantage of the new payment features.
Of course, it may be too early to predict a winner, seeing as how all Facebook has done is conduct a survey. But it could be a compelling choice for publishers because that’s where a lot of their readers spend their time anyway.
Given that Facebook is now an advertising powerhouse comparable in scale to Google, it can experiment with several different ways to generate revenue from valuable content.
Typing fingers crossed!
Why not? Youtube works within this scheme perfectly paying for a number of views as well as many similar networks. At http://www.buythesisonline.org is stated that any intellectual property in a writing form or any other should be compensated.
Let's wait for QL to do the same.