Step-by-step instruction on how to make money with FriendsOnly
Setting up a subscription and money withdrawal is a simple task. Although, there are a few nuances that need to be considered by the authors on FriendsOnly, especially those who have just created their account. This article gives all the needed tips on content monetization and withdrawal of money.
In the first two tutorials we covered how to register on FriendsOnly and how to decorate your account so that it looks attractive to users. Now, it’s time to look at financial issues in order to start making money from your content sooner.
Step #1. Determine the source of your fanbase.
In order to steadily keep earning on social media, it is important to understand exactly how to grow the number of followers on FriendsOnly. Over time, once your account is popular, this issue will resolve itself. The more people subscribe to your updates, the more people there are who are willing to see your content. But early on, you’ll need to think of a strategy to expand your audience. Two most popular ones are to promote your FriendsOnly account in conjunction with and without another social network.
It’s relatively easy to attract new subscribers on FriendsOnly if you already have a large base of followers on a different social network — Instagram or Tik tok. For example, you can post a photo in a swimsuit on Instagram and a video topless on FriendsOnly. This way, Instagram becomes your advertising space where your followers are constantly reminded that they can see uncensored content on FriendsOnly. Your most loyal followers are instantly ready to pay for the content for the selected few. This scheme is used by thousands of bloggers all over the world.
If a blogger doesn’t have a large fanbase on other social networks, they can fully devote themselves to promoting their account on FriendsOnly. It’s easier to do this here than on other similar sites with content monetization, as free videos are rotated on the site’s main page where all users can see them. After watching a free video, they go to the author’s page and decide whether they’d be interested in the paid content.
Step #2. Set a fair price
Making money on social media is always about competition and FriendsOnly is not an exception. Every day, new authors register on the platform, so you need to consider the subscription cost of the bloggers dealing with similar topics.
No need to worry that, due to the low cost of the subscription, the earnings will be low at first. Low monthly subscription cost means that more users are likely to become your followers. The more subscribers an author has, the more trust s/he has with subsequent followers. A person will pay sooner for something that has been tested by others. Over time, you can increase the cost of the subscription or upload more paid videos.
Step #3. Create more paid content
This step seems obvious, but the amount of paid content determines the user’s first impression of the account. If the author’s account has fewer than 10 videos, the user will be able to watch them all during the free trial period. And if during this period no new videos get uploaded, this might create a negative impression. Why pay for the subscription if updates are so few? There are plenty of popular accounts where updates come through daily. That’s why it’s so important to create the right first impression.
In order to speed up the process of increasing the number of followers on FriendsOnly, publish more than 15 videos in the first days after creating your account. Later you’ll be able to publish new content at a convenient rate. Possibly one new video a week will be enough for your followers. But until you gain a consistently large audience, give the maximum of your time to the blog.
Straight after creating your FriendsOnly account, it’s recommended to add paid videos — the videos that everyone pays to view, even subscribers. This is a signal to users that you are serious about creating content. But the quality of paid videos has to be different from that of subscription videos. Simply put, a subscription is a series with new episodes. We watch it to find out what happens next. A paid video can be compared to a favorite movie that we re-watch even though we know it by heart.
Step #4. Set up subscription rules
You need to set two rules for your subscribers: the monthly cost of access and the optional length of the trial period. To set the rules, click on your profile icon and select ‘Settings’ or go to your profile page and click ‘Edit profile’.
In your settings in the ‘Edit profile’ tab scroll to the end of the page. In the field ‘Subscribe cost’ set the required amount.
Just below you’ll see the option ‘Free period’. During this period, the user can refuse the subscription and no money will be charged to his/her card. The system has a 3-day trial period by default. You can cut it to 24 hours or cancel it altogether. Although we don’t recommend this. According to our statistics more users agree to a subscription after a trial period.
Step #5. Gradually increase the cost
If you are not bringing the audience from other social networks and are creating content exclusively for FriendsOnly, we recommend increasing the cost of your subscription gradually. You don’t know your audience straight away, and the audience don’t know about your talents. In this case, it doesn’t make sense to set a high subscription price from the get go.
As soon as you see that the number of your followers is steadily and significantly increasing, increase the subscription price.
And as the new price applies to new subscribers only, this won’t upset your existing followers. You can double or triple the cost without the fear of losing your current subscribers. But if the number of fans hasn’t increased with the new price, it might make sense to return to the previous price level.
Step #6. Set up your money withdrawal
You can withdraw money from FriendsOnly to any bank account. The minimum withdrawal amount is 5000 rub (at the current exchange rate on the withdrawal date). You can request this withdrawal at any time, and the speed of the transfer will depend on the conditions of a particular bank.
To receive the bank transfer, go to the ‘Money’ section: click the profile icon in the top right corner and select the appropriate section. In this section you will see your balance and partner balance — this is the money available for withdrawal. Click ‘Withdraw’. When doing this the first time, you’ll need to enter your bank details. Click on the icon and fill in the form:
- Country (from the dropdown menu);
- Full name — your name as it appears in the bank account details;
- Beneficiary account — settlement account;
- Beneficiary bank BIC — BIC (Bank Identification Code);
- Correspondent account;
- INN — TIN (taxpayer identification number)
- KPP- KPP code (taxpayer record validity code)
Then click ‘Save information’. Now you can specify the amount you’d like to withdraw.
If some of your bank account details are not available, contact the bank to find out what information you need to input in your case.
Step #7. Address your questions to a personal manager
Your personal manager will assist you with all the questions above. To quickly get help through Telegram, click the link ‘Help’ at the footer of the page. You’ll be redirected to a personal manager with whom you’ll be able to discuss any questions at any time.
The range of topics for inquiries is practically unlimited. The most popular questions are related to earnings and withdrawals. Although, the role of a personal manager is not limited to prompt assistance in solving financial issues. You can ask for advice on developing and promoting your account on FriendsOnly, in particular:
- How to better design your page on FriendsOnly;
- What platforms and sites can be used to promote your account on FriendsOnly.
Once you’ve set up your subscription rules and your bank account details, you’ve met all the requirements to start earning from your own content. If you haven’t registered yet, do it now. The sooner you start uploading your videos, the sooner you’ll receive stable passive income.
Read more Onlyfans related content we published on our blog:
Step-by-step instructions for decorating a profile on FriendsOnly
Step-by-step instructions for registration on FriendsOnly
FriendsOnly 101: How To Make Money
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