Comments on: What’s next with social media – and how will it be monetized? http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/ Mon, 26 Jul 2010 17:36:35 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Paige Price http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/comment-page-1/#comment-86 Paige Price Mon, 26 Jul 2010 17:36:35 +0000 http://socialsoftware.org/questions/whats-next-with-social-media-and-how-will-it-be-monetized/#comment-86 monetizing a website is really a great way to earn money in a passive way just like real estate.:": monetizing a website is really a great way to earn money in a passive way just like real estate.:”:

]]> By: Nicole Ellis http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/comment-page-1/#comment-85 Nicole Ellis Wed, 30 Jun 2010 14:40:12 +0000 http://socialsoftware.org/questions/whats-next-with-social-media-and-how-will-it-be-monetized/#comment-85 Monetizing websites, blogs, etc is a good way to earn some passive income.`', Monetizing websites, blogs, etc is a good way to earn some passive income.`’,

]]> By: Marcus Gosling http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/comment-page-1/#comment-82 Marcus Gosling Mon, 28 Dec 2009 06:18:23 +0000 http://socialsoftware.org/questions/whats-next-with-social-media-and-how-will-it-be-monetized/#comment-82 If you can get someone to 'fall in love' with their online representation then you can charge them money to embellish that identity. If you can create a community where people care how they look to each other, then you can sell them gifts that they can pick out for their friends. If you offer people more control and validation than they enjoy in their real lives then they will identify more with their online self, and invest time and resources in that self. The problem is not how to monetize social media, it's how mankind will resist it's seductions as the medium matures. If you can get someone to ‘fall in love’ with their online representation then you can charge them money to embellish that identity.

If you can create a community where people care how they look to each other, then you can sell them gifts that they can pick out for their friends.

If you offer people more control and validation than they enjoy in their real lives then they will identify more with their online self, and invest time and resources in that self.

The problem is not how to monetize social media, it’s how mankind will resist it’s seductions as the medium matures.

]]> By: gentry http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/comment-page-1/#comment-59 gentry Wed, 25 Nov 2009 06:58:54 +0000 http://socialsoftware.org/questions/whats-next-with-social-media-and-how-will-it-be-monetized/#comment-59 An interesting talk on the subject by Douglas Rushkoff at Web 2.0... <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/OHMvknT_uk4&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/OHMvknT_uk4&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object> An interesting talk on the subject by Douglas Rushkoff at Web 2.0…

]]> By: junetic http://socialsoftware.org/whats-next-with-social-media-and-how-will-it-be-monetized/comment-page-1/#comment-46 junetic Tue, 10 Nov 2009 01:52:53 +0000 http://socialsoftware.org/questions/whats-next-with-social-media-and-how-will-it-be-monetized/#comment-46 Looks like micropayments/virtual goods are making headway finally in the US: http://www.nytimes.com/2009/11/07/technology/internet/07virtual.html?_r=3&hp Micropayments in other countries like Korea, have been hugely successful in the past ten years with cyworld's virtual currency(dotori) that is used to purchase virtual goods, music, personalization items...etc: http://en.wikipedia.org/wiki/Cyworld Looks like micropayments/virtual goods are making headway finally in the US:

http://www.nytimes.com/2009/11/07/technology/internet/07virtual.html?_r=3&hp

Micropayments in other countries like Korea, have been hugely successful in the past ten years with cyworld’s virtual currency(dotori) that is used to purchase virtual goods, music, personalization items…etc:

http://en.wikipedia.org/wiki/Cyworld

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