How does Meetup com make money?

Meetup makes its money by charging group organizers a monthly fee to run their groups. In general, group organizers do not use Meetup to make money; usually, they only charge group members small fees to keep the group running.

What are the fees for Meetup com?

Organizers pay between $9.99 and $23.99 a month, depending on location and the subscription model of choice. This allows you to organize up to three groups with unlimited members.

How much does Meetup make a year?

While Meetup has not banned in-person gatherings being organized through its site, Siegel said it has discouraged such meetings. A spokesperson added that the company generated “over $35 million” revenue in 2019, and is still on track for “double digit” growth in 2020.

Who created Meetup?

Scott Heiferman
Meetup/Created by

Meetup was founded in June 2002 by Scott Heiferman and five co-founders. The idea for Meetup came from Heiferman meeting his neighbors in New York City for the first time after the September 11 attacks on the Twin Towers.

Is meetup a subscription or subscription business?

Meetup is primarily a subscription business. Organizers of Meetup Groups pay a recurring fee to run the group. The pricing is dependent on duration of the subscription term.

What is the main purpose of Meetup com?

PURPOSE OF MEETUP.COM. Meetup.com’s primary purpose is to facilitate offline gatherings of individuals who have met online. These individuals are united online by a common offline interest. Common examples of Meetups include fitness groups, wine tasting groups, book clubs, tutorials, and discussion groups.

How to start a meetup group for your business?

First, visit www.meetup.com. You can sign up merely by entering your name and email address, or you can sign up by logging into your Facebook account and giving Meetup access to it. Keep in mind, if you go this route, that you will want the Facebook account to reflect your brand message and standards.

How do I sponsor a meetup?

A business owner can also sponsor a Meetup. By providing direct financial support (cash), a venue, or other in-kind contributions, a sponsor can be highlighted on the Groups Sponsors page, and/or with the agreement of the Organizer, have branded signage and/or mentions at the event.