Monetization in Digital Markets
Find out what monetization is and learn about some examples from the digital market.
Find out what monetization is and learn about some examples from the digital market.
Monetizing is the act of generating income from a product or service.
The digital market leverages several monetizable products and services; some of them are:
1. Affiliate programs, in which a commission is earned for referring products or services.
2. Marketplace, which connects companies on large platforms, increasing visibility, the possibility of doing business, and more options for consumers.
3. Content creation on platforms such as Youtube, Twich, TikTok, among others.
Among the examples mentioned above, transactions may depend on an international remittance. Discover some examples of monetization on digital platforms:
The entire Google monetization platform is made exclusively by AdSense. On Youtube, for instance, you can monetize with advertising revenue, channel clubs, super chat, and stickers, in addition to YouTube premium revenue. For this you need to be enrolled in the YouTube Partner Program and fulfill prerequisites such as minimum age and number of followers.
For Facebook Gaming, it is possible to receive by ACH Routing Number ─ ACH ─ which is the way the United States process payments, which works as a TED or DOC here in Brazil. The prerequisites of Facebook to be part of the monetization program is the transformation of your personal profile into a page, in addition to having at least 10,000 followers and 30,000 views in videos over 3 minutes long, for at least 1 minute.
On the Twich gaming platform, to monetize you need to have at least 50 followers and at least 500 minutes of streaming for 7 days, and 3 viewers per month on these broadcasts. The most common forms of monetization are via channel subscribers and emoticons, Bits, advertising and the affiliate program.
The TikTok platform has been showing one of the highest base growths, with more than 2 billion downloads worldwide, according to Byte Dance, the company responsible for the application. Creator Fund, a program designed to pay content producers, is not available in Brazil yet. However, from a thousand followers on, it is already possible to change your account to a Pro account, and ask for rewards in live streams or even with an affiliate link.
Count on moneycorp for international transfers, and receive quickly and safely your money generated by monetization.
Note: All monetization rules presented in this article may be changed without prior notice by the companies that own the websites and applications.