Moneycontrol PRO
HomeNewsBusinessFacebook explores ways to help creators make money through Stories: Report

Facebook explores ways to help creators make money through Stories: Report

Yoav Arnstein, director of product management at Facebook said the broad idea is to allow “a natural place for ads in content.”

March 13, 2021 / 16:03 IST
Yoav Arnstein, director of product management at Facebook gave an example as: “…if someone posts a video from Yosemite National Park, a sticker could advertise a local business - the contextual relevance will likely make these advertisements successful.” (Image: Shutterstock)

Facebook is testing a method to allow creator-influencers to earn money from their Stories through Sticker ads.

The “small” test was announced on March 11, and will allow “some creators to place ads similar to stickers into their stories for a cut of the resulting revenue,” The Verge reported. The tech giant “hopes to expand soon” and apply this to all its short-form videos.

Yoav Arnstein, director of product management at Facebook, told the publication that they could not yet reveal “creator or advertiser partners as the test is still in early conceptual phase,” but said the broad idea is to allow “a natural place for ads in content.”

The example he gave was: “…if someone posts a video from Yosemite National Park, a sticker could advertise a local business - the contextual relevance will likely make these advertisements successful.”

To qualify for these Sticker ads creators will need to have published “at least 600,000 total minutes viewed from any combination of video uploads on a particular page in the past 60 days, and five or more active video uploads or previously live videos,” the report stated.

The company is seeking to “monetise as much creator content as possible through ads,” it noted, adding that Stickers has the potential for “biggest implications for Instagram” where instead of fullscreen ads, ads integrated into content could become popular.

Moneycontrol News
first published: Mar 13, 2021 04:03 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347