Saved by sari and
Come for the Network, Pay for the Tool
The potential to build community-curated knowledge networks remains largely untapped. There are reasons to be optimistic; the economic feasibility of paid communities, a renewed interest in curation, a slow move away from big social, and an improved understanding of platform incentives. All combined, this will lead to communities that are more... See more
Adam Grant • Check Your Pulse #55
The paid community concept is a reconfiguration of digital communities caused by the failure of big social networks to ensure deep vertical communities to thrive. It provides mainstream tools to niche communities. Maybe niche communities need niche products? One hypothesis could be that “bottom-up community-driven businesses” emerge when one
... See moreSubpixel Space • Come for the Network, Pay for the Tool
A new business type here is the paid community: a direct subscription to join in. Today, most paid communities live on the outskirts of existing social platforms. But as they become normalized, paid communities are becoming a viable business model for smaller-scale social networks aiming to be both profitable and socially sustainable.