There’s been quite an outcry from bloggers and Facebook users about the recent social ads product, that makes me wonder if advertising is not the best way social networks –maybe free (with ads) isn’t the model that users want.
There’s a few ways that websites can monetize (actually, I’ve got the master list here) perhaps one way to approach is to be part of a premium social network a paid site that users won’t mind. Charlene sent this article from Business week to me called “Social Networking of the Elite” which demonstrates several premium models for users.
Of course, there’s a few challenges if we approach premium model, it prevents others from joining, or leaves those not willing to pay stuck with a version of advertising, or someone who’s not able to join at all.
How much would you pay for a Social Networking service?
So let’s hear it from you:
1) How many of you would be willing to pay for a social networking service like LinkedIn, Xing, MySpace, BeBo, Facebook, especially if it removes all the advertising,
2) How much would you pay per month?