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Social media apps are very hard to monetize, since consumer only want free, and hence you would need traffic, which is very hard to get. Why not do B2B. The ma
by streetcat1 5y ago
Social media apps are very hard to monetize, since consumer only want free, and hence you would need traffic, which is very hard to get.
Why not do B2B. The market is much more fragmented and thus you can always find a niche.
- ChrisMarshallNY 5y agoNot for monetization. It is a free app, done by a 501(c)(3), and targets a specific demographic (recovering drug addicts). That said, it has an architecture that could, quite easily, be adapted for monetization, but that's not why we're doing it. When I said "I'm working for free," I meant it. The people I'm working with are getting something way beyond what they expected. It would be silly to attach a dollar figure to the work. The government doesn't let you write off sweat equity.