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Tech

Facebook Considering Paying Some of Its Users

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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April 19, 2016, 7:19 PM ET
Facebook Said Set to Finish Taking Orders For IPO Tomorrow
The Facebook Inc. logo is seen on the landing page of the company's Apple Inc. iPad application in this arranged photograph in London, U.K., on Monday, May 14, 2012. Facebook Inc. plans to stop taking orders for its initial public offering tomorrow, two days ahead of schedule, according to a person with knowledge of the transaction. Photographer: Jason Alden/Bloomberg via Getty ImagesPhotograph by Jason Alden — Bloomberg via Getty Images

Facebook is toying with the idea of letting some of its users make money off their activity on the social network.

According to a user survey spotted by The Verge, Facebook (FB) is soliciting feedback from some users about the types of revenue earning features they would be in interested in, such as a tip jar to collect money for their content or a marketplace to find content sponsors. The survey appeared for verified users and its language suggested that it is targeted to that type of user, according to the report.

If Facebook does eventually let users make money from their content, it’ll be a departure from the company’s previous policy of not sharing its money-printing machine with others. Only recently did it let publishers start to make money from their content with the debut of Instant Articles, its fast-loading news story format that lets users read pieces without exiting Facebook’s mobile apps. Earlier this month, Facebook also changed its rule regarding sponsored content that celebrities and brands can post, now allowing them on its network.

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One reason why Facebook is likely considering the move is that the battle for real-time sharing, especially through live video broadcasting, has intensified. Today, celebrities and other personalities with sizable followings have several options when it comes to sharing live video or other real-time content, including Twitter’s Periscope, Facebook’s Live Video, and even Snapchat, among others. Enticing them with the possibility of making money from their content could help Facebook keep those valuable users within its walled garden.

With that said, the survey appears to be only an exploration of possible ideas. “It’s still very early, but we’re committed to creating sustainable, long-term monetization models for our partners and we’re listening to feedback,” a Facebook spokesman told Coins2Day.

And as the report notes, these questions about monetization were part of a larger survey asking users about their activity on the social network.

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