Which Social Media Business Model Do You Use?
Some time ago, I started a thread about Freemium models as a way to entice visitors to sign up. Now, I saw this very interesting post on Mashable about the various business models online businesses use to grow their community. So what do you think?
http://mashable.com/2009/07/14/social-media-business-models/
I am working with an early stage startup and I recommend the freemium model though it may not be the best model for others.
InsightsDigital
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Paid content model is also growing fast. Users now expect to pay for good subscription based services. This is not as much of a problem as it used to be before when user expectation was to receive content free.
kronikmedia
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The 5 in the link in the original post are all viable and as you allude to, the type of business will dictate which model is the best. As for Paid Content, I would want to see some statistics and results before I would recommend it to a client.
MktgRob
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