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How To Start A Social Network

How to start a social network, including social network business models, financing, marketing, management, member engagement and software.

Top 8 Ways to Generate Revenues from Social Media

by Peg Corwin

eMarketer Data

eMarketer Data

What are the best ways to generate revenues from social media, including a social network?  According to Abrams Research, the top three are freemium, targeted ads, and research from polls and surveys.

Social Media’s Various Revenue Streams

These top three make me think of Linkedin, which has them all — freemium upgrades, ads targeted to user profiles and frequent polls.

After those revenue streams, says Abrams Research, are API (application program interface) access, subscription, corporate sponsorship, user meta-data and, bringing up last place, banner ads and online advertising (presumably unrelated to specific user profiles or activity.)

eMarketer concludes:  “The bottom line is that users are willing to pay for social network content as long as sites cater to specific market niches, as opposed to broader, mainstream audiences.”

What revenue streams are working for you?

Related Posts

See also this page of related posts on social network business models.

Tagged as: internet business models, monetize a website, online revenue streams, revenue from social network, revenue streams

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