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Monetization Strategies, Monetization Strategies - Coggle Diagram

- - - - Job postings
      - LinkIn
        
        access target professionals
- - - - Twitter
        
        Sponsored posts
      - Premium listings for restaurants
- - - - Pre-screened babysitters
      - Skillshare
        
        Subscription for curated courses
- - - - rarely used
  - - - women get free access
        
        to attract paying users (men)
  - - - attract more user
- - - - eg. Myspace's fail
        
        due to early monetization
    - - Advanced Concepts
        
        gradually add paid features
        
        communicate changes
    - - Avoid charging previously free services
        
        Add new value to justify fees
        
        Plan monetization early in design
- - - - transaction fee
- - - - Risk mitigation
      - Interaction management
      - Monitoring tools
      - Value-added services