A lot of people want to make money by posting videos on the internet. But you cannot just open an app and get paid right away. The social media companies have strict rules and eligibility criteria. You must get a certain number of followers and views before your channel gets monetised. If you want to turn your social media pages into a real business, here are the eligibility criteria and terms and conditions you need to know to get started. YouTube: The Rules to Get Paid YouTube lets video creators earn money in two different steps. According to the ‘YouTube Partner Program’, the first step lets your fans send you tips. The second step lets you earn money from the ads that play before or during your videos. Step 1: To get tips and gifts from fans, you need: 500 subscribers 3 public videos posted in the last 90 days. 3,000 watch hours from your long videos in the last year, or 3 million (30 lakh) views on your short videos (Shorts) in the last 90 days. Step 2: To get a share of big ad money, you need: 1,000 subscribers. 4,000 watch hours from your long videos in the last 12 months, or 10 million (1 crore) views on your Shorts in the last 90 days. Facebook: How to Turn on Ads and Tips Facebook helps you make money through fan tips (which they call ‘Stars’) and ads that run during your long videos. To get tips (Stars) from fans, you need: At least 500 followers for 30 days in a row. To be 18 years old or older. To get money from ads inside your videos, you need: At least 10,000 followers on your official Facebook Page. 6 lakh total minutes of watch time from people watching your videos in the last 60 days. At least 5 active videos posted on your page. Instagram: How to Unlock Earnings Instagram’s monetization policy is different from that of YouTube. It has following 3 types of monetization policies: 1. Content Monetisation Policy: Fans can subscribe to the account owners’ page and get access to exclusive videos in return of a fee. Subscription fee varies from creator to creator eg ₹290 per month or ₹390 monthly. 2. Paid Partnership Policy: The account owner advertises a company’s products in return for money. How to channelise Instagram account? Instagram does not pay you just for having a normal account. First, you must go into your settings and switch to a free professional account. You must also be 18 years or older. How to switch your Instagram profile to a free professional account: Congratulations! Your channel is officially changed to a professional account. Note: To switch to the professional account, you need not have a minimum number of followers. You can do it with any number of followers. Whereas, to get monthly paid subscribers or live video tips, you need: Minimum number of followers required to start unlocking money tools on each app: Post navigation Value of 6 out of top-10 companies up ₹88,600 crore:Top gainer ICICI Bank’s valuation increased by ₹29,588 crore
