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How do you monetize social networking?

chimprawk.blogspot.com — Seems making money from social networking should be simple. I mean, tons of people are doing it, right? Apparently, the opposite is true says Fred Stutzman @ BarCampNYC. He has some very interesting insights into the value of advertising on social networks.

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  • superjsuh, on 10/12/2007, -0/+1Good post. With the number of social networks popping up every day, we may have a bubble in this sector alone if they do not figure out how to monetize. Advertising is not the only revenue stream... we may see social networks with no ads at all.
  • DigiDave, on 10/12/2007, -0/+1This was also discussed in the Wired story I wrote on BarCamp NYC: http://digg.com/tech_news/At_BarCamp_Form_Trumps_Substance_2

    Essentially these social networks need to become more niche.
  • breebop, on 10/12/2007, -0/+0Very good post ... though I wish it had suggested more solutions, not just pointing out the problems.

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