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Want to make money or win prizes? Who doesn’t? With the power of the internets today, there seems to be no end to monetization. Check out any job site—you’re bound to find something clickable or type-able that claims to make you some dough or at least win you some free condoms. SocialCash, the people behind the free condoms, and free iPods scheme have come up with a nice try at monetizing social networking. It may work. The condoms worked as did the iPods and the company has been around for almost a decade. What SocialCash proposes is this: social network users complete a series of offers like applying for credit cards and then pass the deal onto a certain amount of people. If said people also complete the tasks, then the users gets the reward and the developer gets a piece as well. SocialCash also offers the good ole banner cash model for posterity.
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“SocialCash is a suite of innovative monetization solutions. Integrate today and start making crazy cash!”
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| Why it might be a killer | |||
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SocialCash may actually work. Everybody wants something for free and if it involves a menial task and then passing said task onto their network of friends, it should be a no-brainer.
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| Some questions | |||
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Will social network users really be into this sort of advertising? Social networking monetization hasn’t worked so far. What makes this the magic model?
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1 comments
| Category: Marketing | tags:
socialcash developers free stuff monetization cash networking
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written by Gordon 3 Months 24 Days ago | |
| CLARIFICATION FROM THE SOCIALCASH TEAM:Thanks for the post, the SocialCash team is super psyched our product has launched. Just wanted to put up a comment to clarify that SocialCash does not give away free products to Facebook users. Instead, SocialCash is a suite of tools that enables awesome app developers to monetize their traffic.This is done with PointCash. PointCash is a monetization solution targeted to application developers who have an existing virtual currency system. For example, a gaming developer may give its users 5 blackjack credits per day automatically… however, if that user wants to play more than 5 times per day, the user would need more blackjack credits. [Enter PointCash stage left]. PointCash provides a fully-managed set of advertising offers to the developer who offers their users an opportunity to earn more blackjack credits by participating in the ads (typically surveys, free trials or online purchases). The advertisers pay a bounty for every user that signs up and SocialCash passes on the majority to the developer. This easy-to-integrate advertising solution is a great way for developers to augment any existing revenue streams while simultaneously increasing user engagement with their application. Everyone wins. Cheers,Gordon, Socialcash.com | ||
