Facebook Groups are a great way to create an online business and build trust with potential customers. In this article, we are going to dive into how to start a group and offer all the different avenues of revenue that can be utilized on the platform with helpful insight from members of the Startups.com community.
Facebook Groups are a great way to create an online community and build trust with potential customers. In this article, we are going to dive into how to start a group (for those ready to jump in) and offer all the different avenues of revenue that can be utilized on the platform with helpful insight from members of the Startups.com community.
Facebook also recently added Facebook Stars where group members and fans can show their love and support for your on-demand videos, Facebook Live, and more (earning 1 cent USD for every Star you receive).
Bonus programs are also available for Facebook groups of any size that help magnify your overall earnings. When you join a bonus program you can earn money based on performance, earnings, or content challenges that reward you when you achieve key milestones. Both the stars and bonus programs are subject to terms, but you can apply and re-apply as applicable.
Another community member, Chris Allan, had some helpful insight on affiliated marketing as well:
To ease your admin burdens you can appoint a few managers in the paid group, and give them a share of the revenue."
Sell access to another community (if offered from public groups).
Whether you're an entrepreneur, a service provider, or just a regular person just wanting to stack some paper, consider utilizing one of the many ways you can make money from the free social platform.
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