Facebook Credits Program Pays You To Watch Video Ads

Facebook introduced a new program on Thursday that attempts to incentivize users to watch ads... by paying them in Facebook Credits, the company's virtual currency. Just last month, Facebook finally announced Credits could be cashed in on its Groupon competitor, Facebook Deals.

There aren't any get rich quick schemes here that should stop you from your daily Facebooking and Farmville tilling; most ads will only give you a single Credit (equivalent to about 10 cents.) Mashable notes that users will mostly see the ads in games, and developers like CrowdStar, Digital Chocolate and Zynga are the first to participate.

Why is Facebook paying users to watch ads? Business Insider writes that the company is hoping to grow the use of Facebook Credits, if only by 3 to 5 percent. AdWeek notes, "Facebook is hoping the new incentive-driven model will remedy its categorically low click-through rates on banner ads."

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Comments

[SparkyAdams]

03:40 PM on 05/07/2011

I ran this past the gamers in our abode. No way are they going to watch advertisements. Gamers prefer to get points via other games and such at places like http://www.scorefacebookcredits.com If you're going for free credits at least make it fun. No one wants to watch stupid ads. That's why TV is dying.

[Joel Mendez]

05:42 PM on 05/06/2011

yeah. good luck with that FB.

[StansDad]

05:14 PM on 05/06/2011

Title FACEBOOK PAYS YOU TO WATCH ADS $$$$$$

Body: Facebook does not pay you money to watch ads.

[lilipilicious]

04:20 PM on 05/06/2011

Well that is a juicy bargain for facebook. I get 10 cents for an ad that facebook probably got millions for by the company. Are they kidding me? So after watching something like 300 ads to enrich the pocket of facebooks by millions upon millions of dollars, I get to use that "virtual" money at that scammer company groupon? Anyone agreeing to this travesty totally deserves to be exploited.

[terry90]

05:12 PM on 05/06/2011

yeah........... if they don't pay you in CA$H I don't wanna hear it..............

[lilipilicious]

05:38 PM on 05/06/2011

evne that. I mean 10 cents per ad? Are they kidding me? You cant even buy stamps for 10 cents so essentially they want you to do it for free. It is like with investing and savings: you get a maximum of 1% for your savings but when the bank loans YOU money, they want a 20% APR. What a scam. The fact that some people think this could be a deal of any kind if even more disturbing.

[LostGurlJK]

04:00 PM on 05/06/2011

Somebody has to police those Facebook ads because of the fraudulant scams and virus spreaders... but paid with Facebook credits??? Do I buy the wooden duck at the end of the show??

[SkippyJiffy]

03:07 PM on 05/06/2011

Facebook credits? what kind of payment is that

[oneyippie]

12:15 PM on 05/06/2011

Low click thru rates on Facebook. Oh, poor baby... Join the rest of the club.

[mistercrispyusa]

11:25 AM on 05/06/2011

The desperation is about to commence. After the hugely inflated over-valuation of Facebook, the ship is already sinking.