Facebook Tests Charging Subscriptions for Access to Groups

Facebook Tests Charging Subscriptions for Access to Groups

This story originally appeared on PCMag Several times over the years, hoaxes have popped up claiming that Facebook would be charging for access. Now, that's sort of actually happening with Facebook groups. The social network on Wednesday said it's piloting a feature that will let group administrators charge membership fees for access to exclusive content. "We hear from group admins that they're looking for ways to help them earn money to deepen engagement with their members and continue to support their communities," Facebook groups Product Director Alex Deve wrote in a blog post. He pointed out that group admins can already create subscribers-only groups and use third-party tools to collect payments. Facebook created subscription groups to "make it easier for admins to provide these experiences with built-in tools, and to save them time so they can focus on offering members-only content," Deve wrote. Facebook is letting group admins charge between $4.99 and $29.99 per month, according to TechCrunch. Facebook stocks rose 2.3 percent after Instagram announced a new television feature on Wednesday, putting another $1.7 billion in Zuckerberg’s pocket. Zuckerberg is currently only $725 million behind, not even half the amount of money he made yesterday. Instagram’s new feature made Zuckerberg the title-holder for earning the most money in one day.

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The social network is piloting a feature that will let group administrators charge membership fees for access to exclusive content.

Facebook Tests Charging Subscriptions for Access to Groups

This story originally appeared on PCMag

Several times over the years, hoaxes have popped up claiming that Facebook would be charging for access. Now, that’s sort of actually happening with Facebook groups.

The social network on Wednesday said it’s piloting a feature that will let group administrators charge membership fees for access to exclusive content. At this point, Facebook is testing this feature with “a small number of groups.”

“We hear from group admins that they’re looking for ways to help them earn money to deepen engagement with their members and continue to support their communities,” Facebook groups Product Director Alex Deve wrote in a blog post. He pointed out that group admins can already create subscribers-only groups and use third-party tools to collect payments.

Facebook created subscription groups to “make it easier for admins to provide these experiences with built-in tools, and to save them time so they can focus on offering members-only content,” Deve wrote.

One newly-launched subscription group called Organize My Home, for instance, is charging $14.99 per month for access to “mini-projects, group challenges, trainings and live Q&A” to help with home organization,…

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