Home / Channel / General Tech / Facebook testing paid subscriptions for private groups

Facebook testing paid subscriptions for private groups

Yesterday we learned that Facebook is planning to further monetise Messenger with auto-playing video ads. Now, we have more details on the social networks future monetisation plans, with Groups set to get subscription fees.

Facebook made the announcement in a press release today, with the company claiming that it often hears from group admins that they are looking for a way to earn money from their groups so that they can engage more with their community. To start off with, Facebook won’t be taking a cut of Group subscription fees, but that will likely change in the future.

As it currently stands, this new feature is currently in a test pilot phase and only a few groups currently have the choice to charge a subscription for access. These groups are Declutter My Home, Grown and Flown Parents, and Cooking on a Budget.

Business Insider reports a bit more specifically about the costs of subscriptions to each of these groups. There is a quite a wide spread of fees, Cooking on A Budget will charge $10 a month, whereas Grown and Flown Parents will be charging a hefty $30 a month fee. The former will give subscribers access to weekly meal plans and shopping lists. The latter will focus on college admissions and give access to college counsellors.

KitGuru Says: I’ve not seen a Facebook Group that I thought required monetising, but they apparently exist. It will be interesting to see if this takes off. What do you think about subscriptions for Facebook Groups?

Become a Patron!

Check Also

AMD is acquiring Xilinx in deal worth $35 billion

A few weeks ago, we began hearing rumours of acquisition talks between AMD and Xilinx. Now, the deal is as good as done, with AMD announcing that it will be acquiring the company for $35 billion in an effort to create "the industry's high performance computing leader".