The economics of “1000 True Fans”, where a hard-core following of super-fans economically support a creator, dovetails with a recent piece on a “shared values community” business model suggested by Eric Feng. Feng recounts how not all content is subsidized by advertising. The basic idea is that a core base of a creator’s audience is willing to pay... See more
Six ways new social companies will ditch the ad model, according to @anneleeskates:
1) VIP subscriptions 💬
2) Commerce tools 🛍️
3) Virtual live experiences 🎟️
4) Interest-based communities 👬
5) Digital goods 🐕 👗 🗡️✨
6) Tipping, donations... See more