Facebook has a paid subscription feature!

Facebook introduced the paid subscription feature where groups and community pages can monetize. Here are the details. . .
 Facebook has a paid subscription feature!
READING NOW Facebook has a paid subscription feature!

At the Facebook Community Summit event, the social networking platform announced some new features. These options include new tools for managing groups within the platform. At this point, it brought a few additions such as tools designed for the group, subgroups and paid subscription.

Features include those who manage online groups can have looks, welcome messages, and more. Facebook thinks these options will help distinguish one group from another. With the new tools, administrators will be able to change the colors of the group and make adjustments to the backgrounds and fonts.

Facebook won’t cut revenue

Admins will receive earnings from subscriptions excluding app store fees and applicable taxes. Facebook has announced that it will not make any cuts from the current paid subscription revenue. However, there is a possibility that this situation may change depending on the course of the process.

Fundraising events received support

Facebook groups are also getting their hands on community fundraising events. At this point, members will be able to pay for things like raising money for group projects. Groups have the opportunity to sell goods through a shop affiliated with their group. This creates a different way for members to support the group. Here, managers can offer a variety of products for sale, such as custom t-shirts or bags.

Facebook said it is offering a new consumer experience that is in the early testing phase and will become more inclusive later. The company did not reveal many details about this issue. However, he stated that it will help page admins to create communities in one place.

The company said it sees how these changes will play a role in the groups’ future plans for the metaverse that parent company Meta is building. CEO Mark Zuckerberg said:

“Groups and communities on Facebook will be an important part of this vision. Nothing can replace being together. But when we can’t be together in person, the metaverse will help us get closer to feeling that sense of face-to-face connection. That’s why we’ve focused on building bridges to more immersive virtual experiences from our apps on 2D displays. Facebook and its groups will be at the center of this. I am happy to be here to help get this community celebration started. “

Mark Zuckerberg

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