Getting Started with iGrOOps
Ways to Make Money with Your iGrOOp
last updated: 2008-01-11 07:46:25

Are you concerned that your iGrOOp will be a financial drian?  Fear not!  There are several ways your costs can be subsidized or eliminated using iGrOOps.  Of couse, if your iGrOOp is a for-profit group, you can use these tecqniues to make money -- a lot of money.

The benefits of the Professional iGrOOp are well worth the very reasonable monthly fees.  Going "pro" can take your group to a new level by adding compensation to the administrator(s) thus increasing the quality to the members. 

Five Ways to Start Making Money With Your iGrOOp

Some iGrOOps do not exist to make money.  Some of the groups exist purely for the communication and networking benefits. Having said that, in order for a non-funded group to survive and prosper, it must bring in enough money to at least pay for itself.  Here are some suggestions:

  • Start charging a nominal membership fee.  Since the professional iGrOOp includes the first 100 members, your "charter" members can be have a lifetime free membership.  But each member over 100 can pay a small amount per month or year.  For example, the $29 includes 100 members and each addl member is only .25 per month, so if you have 200 members in your group and the second 100 pay just $6 per month, your group will be paid for.
  • Use PayPal donate.  iGrOOps has PayPal donate buttons built in, where they can appear in up to four different locations.  If your group is generous enough, perhaps the donations can cover the iGrOOps fee. 

Once your members see what they are getting with iGrOOps versus other "free" group sites, they should be more than happy to make a small donation to keep the group alive and thriving.  It costs only .29 per month per member for 100 members!

  • Find a sponsor for your group.  With the professional option, you can run banner advertisements throughout your iGrOOp.  If you find an organization that will be willing to "sponsor" your site, you can offer the sponsor continual advertising within your group.  A very attractive deal!
  • Use Google AdSense.  Google has a great program for anyone with a website to generate some income without selling a thing!  You simply sign up for an AdSense account, copy and paste some code that Google provides you into a section in the home page editor, and bam!  Your Google ads will start appearing in several places within your iGrOOp.
  • Sell Products from your iGrOOp.   With our new e-commerce module, you can sell products from your iGrOOp and run your own online store!  This module integrates with our affiliate module, allowing you to compensate your members for their referrals.

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