More – Monetizing Your Social Activity

  • September 14, 2009

ReferralVille.comIf we do some quick maths, it is obvious that many people spend what is an inordinate amount of hours on Twitter and Facebook. And they receive nothing in exchange.

That is, nothing that has a monetary value. Monetization on social sites is a concern mostly privative of the sites themselves. The social network users are seldom (if ever) taken into consideration.

This company aims to change all that. In principle, it allows users to generate an income through their social activity. That is, they perceive an income for being a part of the networks they work so hard to create. This income is generated by matching consumers who are looking for a service with those who are looking for it. The user (or business) lists his services one time and then waits for e-mail referrals to arrive in his inbox. Member can refer other members who are looking for that very same service. When the match is made, users can then share the referral fee that is awarded by the business.

Using this service is free. The company charges a transaction referral fee amounting to 15 %, but that is it. Payments are processed through PayPal.

Is this the shape of things to come? What do you think?

Read more on – Monetizing Your Social Activity…