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Ello's Business Plan: Charging Small Amounts for New Features

Ello's Business Plan: Charging Small Amounts for New Features | Niche Social Networks | Scoop.it
Peg Corwin's insight:

How is a social networking site that is not selling user data to advertisers going to make money, you ask?  Charge for new features, this post says.


Quote:  "the site plans to take advantage of its rather plain setup by charging extra for features that it will later introduce into the mix. The fees won't be much—a dollar here, two dollars there—but that's the social network's business plan. Managing two different Ello accounts, for example, will ultimately set a user back $2."

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Niche Social Networks
How to start and monetize niche social networks.  Details on http://howtostartasocialnetwork.com
Curated by Peg Corwin