J. Shen Monetization Game Mechanics Social Developers Summit Monetization Game Mechanics
Community building and monetization
Transcript of Community building and monetization
The Design of a community and the
Strategies used to draw people
VARY DRAMATICALLY
based on Demographics and specific Objectives
for the community
Communities did evolve!
• Forums & Boards / IRC – Internet Relay Chat
• Orkut & MySpace / Yahoo Messenger
• Facebook & Twitter / Hike & WhatsApp
and so many more…
1. Starting a Community
a. Define a purpose and develop a culture of sharing and empathy
b. Build a reputation through alliances
c. Deliver focused content
d. Outreach
Bridge the gap between familiar, trusted F2F Communities and unfamiliar, untrusted Online Communities
1. Starting a Community
• Determination & Persistence (and moderation)
• Personal Connections
• Promotion Channels
• Research – Lots of it!
What do you need in the process?
2. Encouraging Early Interactionsa. Reinforce the purpose
b. Interwoven Content and Discussion
c. Establish Trust - Policies and Privacy
d. Connect People
2. Encouraging Early Interactionse. Virtual Hangouts & Discussions
f. Empower Evangelists
g. Incentivized Volunteerism
Technology and Community Managers play a key role
3. Making it Self Sustainable
a. Enable Private Interactions and Discussion Groups
b. UGC and Information Sharing
c. Recognition
4. Monetization
• Ad Sales through an Ad Network
• Sponsored Content / Affiliate Sales
• Merchandize Sales
• Indirect / interest based marketing
Private Communities over Social NetworksSocial
Networks• Public & Lack
of Control
• Dependency
• FOMO! – Fear Of Missing Out
Private Communities• Brand /
Community centric
• Precisely Tuned
• Drive innovation and grow