What Does Facebook Announcing Paid Group Subscriptions Mean For the Membership Space?

On June 20th, Facebook officially announced that they are trialling the option for Group admins to charge a recurring subscription fee to their members.

This is definitely a huge move, and one that capitalises on the fact that there are already many membership owners using Facebook Groups "unofficially" for their paid community.

So what does this mean for the membership industry? Should we all pack up our things and move our memberships over to Facebook?

If you've been following us for a while, you probably know the answer to that one...

In this episode, I dissect this announcement as well as some other recent developments with Facebook groups and revisit the contentious topic of using them for your membership community.

Episode Summary:

• What we know about the Facebook paid group subscriptions so far (and what we can assume)
• The implications of running your entire membership through the Facebook ecosystem
• How this and other recent changes have made Facebook a serious player when it comes to choosing a membership platform
• What Facebook's track record tells us, and why it's best to tread carefully...