Facebook groups are a powerful tool, helping people engaging with exclusive content, community, and support. The Group suits those who are looking for a better discussion, along with expanding their networks and making money.
Facebook groups are spaces on the Facebook social media network for people and friends with similar interests to share and discuss different topics. Facebook groups designed with the purpose of helping users socialize around any topic or community.
They are also an opportunities to earn revenue. You can sell the stuff that may not be useful for you anymore but can help other people to sell their products.
How to Make Money by Facebook Group
There are ways to monetize Facebook Groups. The following are (4) ways on how to make money by Facebook group
Buy and Sell
To make money from Facebook group by buying and selling things, start by choosing a product to sell that you can buy straight from the manufacturer. Then sell the products for profit and make a bundle of income in the process.
You can sell or promote your products to followers who have an interest in your business and at the end may interact with your products. You can make money easily at home with only Facebook groups.
Sponsoring & Advertising
One of the coolest ways to make money today is through sponsoring and advertising. Then, brands or companies that need to place ads will agree with group owner on the amount of money or package they will pay to display their ad on your group.
Group owners or admins need to be selective with the companies and brands that you approve since your audience will associate you with the brand you agree to advertise.
Charge Membership Fee
This is charges often paid to owner of the group at regular intervals. For example, some Facebook groups might have subscriptions fees of TZS 5,000/= for each member who wants to join. These charges for members to join the groups will bring in revenue for Facebook group owners.
Get Paid Per Post Click
Getting paid per click is the one of the most popular way to generate money from Facebook groups. Pay-per-click (PPC) is an online advertising model in which an advertiser pays a publishers or group owners every time an advertisement link is clicked.
Facebook owners can join Pay-per-click (PPC) platforms or affiliate networks that support the CPC model for to start earning with their Facebook page.