Members of social sites can get prickly when it comes to advertising. But even the most buzz-worthy social media startups need revenue to survive. Whether you use sponsorships, ads, or affiliate marketing, SkimLinks’ CEO Alicia Navarro has tips to help you monetize your social site.
One of the key accusations against MegaUpload is that the site knowingly paid users who uploaded infringing content. MegaUpload did pioneer affiliate programs for cloud hosters, and others quickly copied the strategy, leading to a pirate cottage industry. But these days are now over.
VigLink is launching today a service to help publishers take advantage of affiliate relationships for sites they already link to in their normal course of writing. The company estimates that less than half of links that could be monetized are hooked up to affiliate programs.