If you’re on Facebook, you’re probably a member of at least one Facebook group. In fact, you probably belong to many groups and have no clue how many you’re actually signed up to. Some groups offer specific value to members, while others are just for kicks – fun collectives of friends and family.
Some groups are crazy active, with new posts and updates by the minute, while others have been dormant for years. But if you’ve ever started or currently manage a Facebook group, you’re sitting on a gold mine – a lucrative one and we’re here to show you how to make money running a Facebook group.
Facebook groups have evolved into thriving, active communities, offering high engagement, unprecedented access to different people, and – more importantly – markets. Whether consisting of a couple dozen or hundreds of members, Facebook groups represent market niches, each containing their own clusters of different people – market niches that have the potential to make you money.
In this article, we explore Facebook groups and how they can be transformed into valuable sources of revenue. We take a look at six tips and ways how to monetize a Facebook group.