Watch the video “5. Monetizing your group” or read below
There’s 4 ways to make money on Skool. Your group can be free forever. You can start free then switch to paid. You can have one free group and one paid group. Or you can go paid.
Decide which of 4 ways you will make money on Skool
To determine group price, think “how much value am I adding?” then charge a little less than that. Most charge between $19 - $299/month.
You can get to $10,000/month by having 10 people pay $999/month, 100 pay $99/month, or 1,000 pay $99/month.
Decide group price
Video Notes.
To find you price simply start by setting your monthly goal of income, then discover how many people you would need in you community to hit that desire month income at your subscription price.
I am thinking I just want to make $300.00/month. I’m thinking I want my starting price to be $5.00. I’ll need to get 60 members.
