W
ant to learn how to monetize a Facebook group?
Wherever there are people, there’s money to be made. And it’s not as complicated as you think.
After analyzing and testing various strategies, I’ve come up with the 10 best methods to monetize a Facebook group regardless of its size and audience.
So, without further ado, let’s dive in!
Key Takeaways On How To Monetize A Facebook Group
Here’s a little sneak peak of what you’ll learn – feel free to jump ahead to any that catch your eye!
Just a quick note: As you go through this list, always ensure that you provide value and are transparent about monetization efforts – if you want to maintain a good reputation. And, of course, adhere to Facebook’s policies when trying out any of these monetization strategies!
Now, let’s dig deeper into each:
10 Ways To Monetize A Facebook Group
Any digital entrepreneur will tell you how access to people is the most valuable asset for an online business. And creating a Facebook group can be the perfect place to start.
With some consistent effort and engaging topics, you can grow a Facebook Group. And build a solid income stream with a group of even a couple thousand members by selling various products, hosting events, and creating exclusive communities.
But there’s more to it than meets the eye. So let’s take a closer at some of the best Facebook monetization strategies out there:
1. Earn Commission From Affiliate Marketing
Affiliate marketing is a tested-and-tried method of making loads of money from a Facebook group.
The beauty of this model is that it works despite your member count. Be it a group of 1,000 people or 1,000,000, as long as you get clicks on promoted offers, you can earn money.
Most mainstream affiliate programs, such as Amazon Associates and ShareASale, offer between 5% to 30% commission on a single sale. You can promote anything under the sky with both platforms, including kitchen tools, outdoor products, digital games, and much more.
If you want even higher commissions (and clicks on your offers), promoting offers relevant to your group is the right approach. Figure out what your group members struggle to find. Then, hit them with a relevant offer, and you’ll set up a passive income stream in no time!
Just as a side note, you must follow these rules for affiliate marketing on Facebook groups:
- Be Transparent About Your Benefit: Remember to add a disclosure that you’re potentially earning money from your affiliate offer. This not only increases trust but is also required by some affiliate networks.
- Don’t Be Too Pushy: Be as natural as possible when placing affiliate offers. Being too pushy can turn off your members or, worse, force them to leave your group altogether and tarnish your reputation.
- Provide Trust & Value With Promotions: Rather than copy-pasting affiliate links in every post, try creating a valuable guide or content around it. This can be an explainer video or a how-to guide on your blog (see point 8). Your members will be more likely to trust and convert this way.
If you’re a creator or a leader in your space, creating an exclusive paid community is one of the greatest ways of building recurring income from a Facebook group.
The whole idea behind a paid community is to offer extra benefits in exchange for a monthly subscription. The average consumer spends around $133 a month on subscription-based services, and you can earn from this model if you have a Facebook group with a decent member count.
Some niches or industries where subscription-based communities work best include:
- Fitness Trainers & Nutritionists
- Crypto & Finance Advisors
- Photographers & Video Creators
- Entrepreneurs & Self-Improvement Coaches
To successfully launch an exclusive online community, trust is a non-negotiable. Unless your members recognize that you have something valuable to offer, they won’t be willing to pay for exclusive perks.
But if you do feel qualified, it’s simply one of the best methods of building a passive stream of income without relying on Facebook. You can further boost your exclusive community with certain tactics, such as:
- Including access to pre-released premium content, Q&A sessions, and discounts.
- Engaging members with badges, rewards, and leaderboards.
- Creating scarcity around your community with limited membership slots.
- Offering 7-day or 14-day free trials to members.
3. Sell Products To Group Members
Your Facebook group is a gateway to thousands of active buyers with cash in their hands. So why not sell them products?
To make this work, you first want to identify your members’ interests. Try to stay relevant to your niche, but don’t be afraid to branch out.
Most creators and influencers jump straight to merchandise and branded clothes (like print-on-demand). And while that’s a great way to make money online if your Facebook group has some public recognition, plenty of other products can also work wonders.
Here are just a few products that are perfect for various categories:
- Marketing: Digital products like courses, templates, and tools.
- Health & Fitness: Gym wear, resistance bands, supplements, fitness trackers.
- Hobbyists: Crafting supplies, fishing rods, paintbrushes.
- Travel & Adventure: Bags, pillows, hiking equipment, travel cases.
- Technology & Gadgets: Chargers, stands, phone cases.
Each one of these products can be sourced and personalized from Alibaba and various dropshipping websites.
To gauge your audience’s interest (and avoid losses), you can run polls or a pre-release before ordering in bulk. Either way, try to offer value to your members rather than shoving products down their throats.
4. Sell Tickets To Online Events & Workshops
Using your influence to conduct a live meet-and-greet or workshop can also earn you a lot of money.
The truth is that most people on Facebook groups are there to build connections. Conducting online events or seminars will fulfill this need, allow you to profit from ticketing, and attract new members.
For in-person events, just pick a place within your city and invite popular speakers to build hype. Create a post on your group with all the details, manage signups with WPForms, and maybe prepare some merchandise to make some extra money on the big day.
Online workshops are comparatively easier than physical seminars. And you can still sell hundreds of tickets with early-bird discounts, featured guests, and some bonuses like downloadable content.
5. Build A Donation Page
Small creators or groups that fall in the charity/environment/welfare niche often have a hard time with monetization (it is for charity, after all!).
But that doesn’t necessarily mean your members don’t appreciate your efforts. As long as people value your craft and community, they’d be willing to support the founders.
To cash this strategy, you can build a website to collect donations with WP Charitable or simply create a GoFundMe or PayPal account to raise funds.
6. Sell Online Courses or 1-on-1 Training
Anyone with expertise in a niche or industry can earn money selling digital courses and 1-to-1 training in their Facebook group.
This method works like a charm for financial advisors and entrepreneurs. People will always be willing to pay for expert advice on how and where to invest. That’s where your online course comes in.
Start by planning out your digital course. What subjects will you cover? How many lessons will you record? Should you collaborate with other experts? Once you’ve answered all these questions, pick a platform like Teachable or Udemy to host your online course.
You can also build a professional membership page on your own website using MemberPress.
Let’s see some of the most important features of MemberPress plugin:
- Easily create and manage membership levels
- Control access to posts, pages, and custom post types
- Enjoy advanced reporting
- Schedule content delivery to members over time
- Use an easy visual course builder
- Create promotional codes to attract new members
- Integrate a wide range of payment gateways like PayPal and Stripe
- Also integrates with email marketing services like MailChimp, Drip, ConvertKit and etc.
- And is compatible with popular WordPress plugins
Get MemberPress Today »
To take things even further, launch a 1-on-1 coaching program for members who want personal mentorship and are willing to pay a bit extra.
After each lesson, ask your students to write testimonials or leave reviews on your Facebook group to build trust and generate more money.
7. Use A Sales Funnel To Promote Offers
Your Facebook group is not the most valuable source of generating money—it’s your access to thousands of people.
By converting this accessibility into a sales funnel, you can potentially create multiple income streams.
It’s quite simple; just ask members to submit their email when joining your group. After that, build a drip email campaign using a platform like FunnelKit. Here, you can provide weekly insights to members and occasionally endorse affiliate products/courses/services.
This removes your over-reliance on Facebook. I’ve personally seen groups with 100,000+ members disappear into thin air, and the admins are left with nothing after years of effort.
If you capitalize on this opportunity at the right time, you can build a passive income stream for years to come without being at the mercy of Facebook.
8. Drive Traffic To Your Blog
Talking about capitalizing on your audience, a clever way of earning money from your Facebook group is by driving traffic to your blog.
This increases your trust value and introduces even more opportunities to earn money. The more different streams of referral traffic you can drive to your site, the better.
Facebook groups and, of course, Facebook pages go hand in hand with websites. A strong social presence signals to Google that you’re a real brand with caring hands tending to it. And these various engagements with your site from various sources help your blog climb up SERP rankings and attract more organic traffic.
This is obviously great for your blogging SEO needs and means you’ll have more chances to earn from ads, affiliate marketing, and selling digital products or services.
9. Rent Your Group To Brands & Sponsors
Facebook groups are practically digital billboards.
Wherever you get lots of foot traffic (or views, in this case), there are brands willing to pay for a top spot.
If you’re lucky and have enough members, advertisers will automatically reach out to you with sponsorship deals.
Otherwise, you can sign up with Facebook’s Brand Collabs Manager. This way, you hand over the advertising end of things to Facebook and get paid without any hassle. (Note: This is only applicable to public groups)
When working with sponsors, set some rates for the amount of time a post would stay live or pinned in your group, such as $20 per 7 days, $70 for 30 days, etc. You can also double down by including an option to advertise your sponsors in your newsletters, website, or videos.
Just remember to adhere to Facebook’s branded content policies to avoid any problems.
10. Create & Sell Groups
Flipping groups can let you make some serious cash in just a single transaction.
Whether it’s due to the stress of moderating a large community or your interest in other business models, this can be a lucrative option.
A Facebook group with 500k+ members can fetch a starting price of $500 or more depending on the niche, geographical location, and monetization strategies being used.
However, you should be cautious with this approach. Facebook’s terms of service do not entirely support flipping groups or transferring admin rights. If they get a hint, the new owner risks getting the group banned or shut off completely.
FAQs on Facebook Group Monetization
How many members do you need to monetize a Facebook group?
There is no fixed number of followers you need to monetize a Facebook group. However, you must have at least 500 to 1,000 active members to actually earn something from the monetization methods we’ve listed above.
How much can you earn from a Facebook group?
You can earn anywhere from $50 to $500+ per month from a Facebook group, depending on the number of members and monetization methods used. Brand sponsorships and digital products/courses often produce the most income, but other methods are more passive.
Does Facebook have any policies against monetizing a group?
Yes and no. Facebook does not have any specific policies against monetizing a group. However, there are community standards you must follow when applying external monetization methods that you can read here.
How To Monetize a Facebook Group in Conclusion
Earning money from a Facebook group can be a daunting experience for some. But with the right strategies and methods, you can create multiple income streams that will benefit you and your community. Just remember not to be too pushy, and you’ll be cashing cheques in no time!