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Showing posts from August 19, 2014

Face Palm: Monetizing Facebook and Other Websites Made Easy

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Facebook revealed this week that it will be tagging news items from "The Onion" as satire as it has received many complaints from members confused the style of humor. This announcement comes just days after Facebook's decision to begin charging a $9.99 monthly subscription fee for  membership beginning in September for its satire-challenged members. OK. The part about the social networking king charging was satire about satire. But Facebook, like many free websites are not joking about looking for innovative ways to monetize. And it's been a tough road to hoe and the road just installed toll booths. But I always know a short cut.
I make a large majority of purchases online, so I don't begrudge any website trying to monetize its efforts. But when you start off as free, it's difficult not to mention risky to start charging for your intangible services. Their remuneration is paid in data. Our information currency. But security issues and privacy acts have be…