Monday, December 18

Should Myspace And Facebook Pay Their Members?

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http://www.associatedcontent.com/article/2549371/should_myspace_and_facebook_compensate.html?cat=3

Myspace and Facebook are two of the biggest social networking sites online today. Surely, the owners of both are making quite a huge living off of their members. But this reality suddenly feels wrong when you find out that social networking sites like myLot, Platinum Lounge, MyPage5, and FrensZone to name a few, are actually paying their members for the activities they do.

You name it – posting pictures, rating, comments, adding friends, starting discussions, blogging, uploading videos, and the list goes on. That’s right, the very same things you do on Myspace and Facebook you can be paid for on myLot, MyPage5, and so forth. Now, you’re not going to become a millionaire overnight with these sites like the owners of Myspace and Facebook, but you can make a decent amount of cash by converting your activities away from Myspace and Facebook and over to these paying social networking sites. For instance, some pay anywhere from $0.01 to $0.15 for a post, picture, rating, comment, and so forth, this will all vary from site to site. But when you think about how often you do such activities on, say, Myspace, this small amount of change will surely add up quick.

Of course, this will not deter the owners of Myspace, Facebook, Hi5, and every other non-paying social networking site to convert to paying its members. Of course not. These paying sites are popular, just not as popular as Myspace, which is perhaps why they hold no weight on the decisions of sites like that. Hopefully, this will change in the future to come, but for now, it’s a sad reality we live in. 

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