create account

SteemIT Monetisation Without Ads - Learning From Pinterest by repholder

View this thread on: hive.blog |  peakd.com |  ecency.com
steemit · @repholder · (edited)
$3,019.73
SteemIT Monetisation Without Ads - Learning From Pinterest
<html>
<p><img src="http://i.imgur.com/yXUGSLA.jpg" width="708" height="572"/></p>
<p><br></p>
<p>A comment on my previous post "<a href="https://steemit.com/introduceyourself/@repholder/steemit-beta-and-beyond-kick-starting-profitability">SteemIT Beta and Beyond - Kick Starting Profitability</a>" from @<a href="https://steemit.com/@samupaha">samupaha</a> caught my attention.</p>
<p><br></p>
<blockquote>I'm not sure if Steem would benefit from ads. Because there are so much ads everywhere else, it would make sense to differentiate and offer totally ad-free platform.</blockquote>
<blockquote>If Steem (the blockchain) becomes successful, Steemit (the company that has developed Steem) doesn't need any revenue from ads because it will make huge profits from selling steem (the currency that they hold a lot) to other users.</blockquote>
<blockquote>It's huge win for everybody if we can build the community completely without ads.</blockquote>
<p><br></p>
<p><em><h2>Ads - Ruining the Internet Daily</h2></em></p>
<p>Samupaha is right in my opinion. Everyone hates ads , expanding autoplay videos and any new methods advertising companies seem to be brainstorming nowadays. They are forcing us to consume ads or sponsored posts about their products and after a while it gets frustrating to say the least.</p>
<p><br></p>
<p>As a former publisher I realise that there are costs involved, but what if you can make revenue without interrupting the user experience? &nbsp;How though ?&nbsp;</p>
<p><br></p>
<p><em><h2>Learning From Pinterest</h2></em></p>
<p>Most of you have probably heard or used Pinterest, for those who haven't :</p>
<p><br></p>
<blockquote>"Pinterest is a web and mobile application company that operates a photo sharing website.Users can upload, save, sort, and manage imagesβ€”known as pinsβ€”and other media content (e.g., videos) through collections known as pinboards" - <a href="https://en.wikipedia.org/wiki/Pinterest">Wikipedia</a>.</blockquote>
<p><br></p>
<p>It launched in closed-beta back in 2010 and grew expotentially. In January 2012, comScore reported the site had 11.7 million unique users, making it the fastest site in history to break through the 10 million unique visitor mark. &nbsp;</p>
<p>Users and analysts speculated on what their business model would be based on, as they weren't using an advertising network like Google Adsense or native advertising.&nbsp;</p>
<p>Pinterest though was already monetizing their content without ruining the user experience through Skimlinks. They have moved on to other revenue models , but let's stick to this one for now.</p>
<p><br></p>
<p><em><h2>Skimlinks or Similar Monetisation Platforms</h2></em></p>
<p>Skimlinks has partnerships with 20,000+ Affiliate Networks like Amazon, Ebay etc. Instead of needing to sign up to each one individually and then adding affiliate links to get revenue, Skimlinks automates the process with just a few lines of code and one universal log-in to your Skimlinks dashboard for reports.</p>
<p><br></p>
<p>How Skimlinks Works</p>
<p>https://www.youtube.com/watch?v=4a9aRDcCZJ0</p>
<p><br></p>
<p>Viglinks - A Similar Platform With Google Backing&nbsp;</p>
<p>https://www.youtube.com/watch?v=SIYBfHUY6cg</p>
<p><br></p>
<p><em><h2>Killing Two Birds with One Stone</h2></em></p>
<p>You've probably encountered affiliate link spam on your favorite websites. Some bad actors actually provide valuable information but sneak in a link or two to profit off less tech savvy individuals while depriving the publisher or community administrator from extra revenue. Skimlinks solves that without needing to baby sit new links.</p>
<p><br></p>
<p><em>What do you think about using automated affiliate links and splitting the revenue rewards to curators and post authors ?</em></p>
<p><br></p>
</html>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 127 others
πŸ‘Ž  , ,
properties (23)
authorrepholder
permlinksteemit-monetisation-without-ads-learning-from-pinterest
categorysteemit
json_metadata{"tags":["steemit","steem","revenue"],"image":["http://i.imgur.com/yXUGSLA.jpg"],"links":["https://steemit.com/introduceyourself/@repholder/steemit-beta-and-beyond-kick-starting-profitability","https://steemit.com/@samupaha","https://en.wikipedia.org/wiki/Pinterest","https://www.youtube.com/watch?v=4a9aRDcCZJ0","https://www.youtube.com/watch?v=SIYBfHUY6cg"]}
created2016-07-15 06:13:30
last_update2016-07-15 06:29:03
depth0
children18
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value2,409.356 HBD
curator_payout_value610.373 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length3,805
author_reputation14,435,619,141,603
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,322
net_rshares83,602,834,022,925
author_curate_reward""
vote details (194)
@bacchist · 
I think it would be entirely appropriate to accept advertising from businesses who are willing to accept SBD as payment for goods and services. Beyond that, we're an open community, and any business can have a representative start an account and begin engaging with our users. If they want their content to become prominent, they can either make it clever or power up.
πŸ‘  
properties (23)
authorbacchist
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t074054306z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 07:40:51
last_update2016-07-15 07:40:51
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length368
author_reputation85,392,357,715,964
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,999
net_rshares55,156,840
author_curate_reward""
vote details (1)
@cosmin · (edited)
Even reddit started doing this exact thing which you have suggested, https://www.reddit.com/r/announcements/comments/4mv578/affiliate_links_on_reddit/

The only problem with this is that it can cause centralisation if not done right. 

But yes, I think that its a very good idea, the earnings could be send to the steemit pool which can fund development and pay content creators even more money for their worthy content.

OP, you should inform the devs about this idea.

All in all, this would make the system much more sustainable in the long run.
πŸ‘  
properties (23)
authorcosmin
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t093518574z
categorysteemit
json_metadata{"tags":["steemit"],"links":["https://www.reddit.com/r/announcements/comments/4mv578/affiliate_links_on_reddit/"]}
created2016-07-15 09:35:18
last_update2016-07-15 09:37:30
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length548
author_reputation131,004,895,544
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id116,906
net_rshares55,156,840
author_curate_reward""
vote details (1)
@cryptogee ·
$0.17
This is a very good post, I'm going to watch the Skimlinks video now; I hadn't even thought about how Pintrest monetise...

*CG*
πŸ‘  , ,
properties (23)
authorcryptogee
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062154172z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:22:00
last_update2016-07-15 06:22:00
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.129 HBD
curator_payout_value0.039 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length128
author_reputation419,387,439,147,428
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,392
net_rshares100,476,973,517
author_curate_reward""
vote details (3)
@instructor2121 ·
$0.11
Nice post. Taking a step back in time...remember when search engines were defaced with ads among other things? Then what happened? Yes, Google. Keep it clean.
πŸ‘  , , ,
properties (23)
authorinstructor2121
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t063005268z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:31:30
last_update2016-07-15 06:31:30
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.090 HBD
curator_payout_value0.019 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length158
author_reputation41,767,771,464,358
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,492
net_rshares66,880,271,024
author_curate_reward""
vote details (4)
@makgorn · 
интСрСсно
properties (22)
authormakgorn
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160716t093229039z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-16 09:29:51
last_update2016-07-16 09:29:51
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length9
author_reputation666,514,786,070
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id133,264
net_rshares0
@nastrom · 
Very interesting! I like it! Good Luck To You!
properties (22)
authornastrom
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t154837225z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 15:48:48
last_update2016-07-15 15:48:48
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length46
author_reputation-8,847,960,360,622
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id120,954
net_rshares0
@oliverb · 
Great post. I was wondering how the steemit platform would be monitized as well... especially since the users own the shares (or so I understand) so equity might not be available to get venture capital from.
To be honest, I actually don't mind how they monitize it as long as it survives. Affiliate links are good because they are less invasive to the site experience, ads are not great but I can handle them.
Are there other alternatives?
properties (22)
authoroliverb
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160716t080717908z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-16 08:07:24
last_update2016-07-16 08:07:24
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length439
author_reputation5,260,619,187,770
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id132,495
net_rshares0
@pfunk ·
$1.31
I'd rather not see Steemit get integrated with marketing networks. I think it can stand the strongest on its own.
πŸ‘  , , , , , , , ,
properties (23)
authorpfunk
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062321779z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:23:30
last_update2016-07-15 06:23:30
depth1
children4
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value1.084 HBD
curator_payout_value0.222 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length113
author_reputation221,632,045,904,452
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,411
net_rshares678,787,755,827
author_curate_reward""
vote details (9)
@repholder · (edited)
$0.14
Looking at a one of yesterdays trending articles on the homepage, the author was linking out to Amazon. That link would of produced revenue for SteemIT (through Skimlinks) if someone went through and purchased the book . If stated that Steem uses affiliate revenue this IMHO enhances the value of the network as it's profitable outside it's own economy.
πŸ‘  ,
properties (23)
authorrepholder
permlinkre-pfunk-re-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t063641244z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:36:42
last_update2016-07-15 06:37:06
depth2
children3
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.138 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length353
author_reputation14,435,619,141,603
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,534
net_rshares90,396,810,769
author_curate_reward""
vote details (2)
@pfunk · (edited)
Steemit itself could modify Amazon links to include a ref code, however I'm not sure if they would. It would be modifying (albeit only slightly, still modifying) what a user has posted or intended to post.  Plus what if a user puts a ref code in their Amazon link? I think that is acceptable. Would Steemit overwrite it? I bet this Skimlinks 3rd-party service thing would.
πŸ‘  
properties (23)
authorpfunk
permlinkre-repholder-re-pfunk-re-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t064304980z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:43:12
last_update2016-07-15 06:43:51
depth3
children2
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length372
author_reputation221,632,045,904,452
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,606
net_rshares60,171,099
author_curate_reward""
vote details (1)
@publicworker · (edited)
$0.10
We may add advertisement service similar to Skimlinks  to steemit and toknized it  than even trade it in internal market.
πŸ‘  ,
properties (23)
authorpublicworker
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062156531z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:22:03
last_update2016-07-15 06:23:00
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.080 HBD
curator_payout_value0.022 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length121
author_reputation6,647,747,832,410
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,393
net_rshares62,733,466,804
author_curate_reward""
vote details (2)
@razvanelulmarin ·
$1.25
I, for one, am strongly against affiliate links. It will make it seem fishy for one,  as you said.  And a social network needs none of that. You are already encouraged by free money, what more do you want?

I think there's a lot to discuss this, but affiliate links seems an outdated model that just isn't a good fit for a futuristic thing like steemit.
πŸ‘  , , , , ,
properties (23)
authorrazvanelulmarin
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062256644z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:22:57
last_update2016-07-15 06:22:57
depth1
children2
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.942 HBD
curator_payout_value0.311 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length353
author_reputation176,753,416,199,361
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,404
net_rshares654,228,298,883
author_curate_reward""
vote details (6)
@igster · 
There is no such thing as free money though. At Imo, steemit should find a way to allow content creators to allow ads, the profit from them would be then split using the algorithm in place for voting. This way steem is backed up by more than just new people buying into steem.
πŸ‘  
properties (23)
authorigster
permlinkre-razvanelulmarin-re-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t093425487z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 09:34:30
last_update2016-07-15 09:34:30
depth2
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length276
author_reputation17,415,198,441,969
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id116,898
net_rshares60,171,099
author_curate_reward""
vote details (1)
@repholder · (edited)
$0.14
People link to products already (from reviews), their own authored books on amazon etc. Why not get revenue in the process from it? 

Skimlinks automatically converts a normal link to an affiliate one, we don't have to manually do anything.
πŸ‘  ,
properties (23)
authorrepholder
permlinkre-razvanelulmarin-re-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062812919z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:28:12
last_update2016-07-15 06:39:48
depth2
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.138 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length240
author_reputation14,435,619,141,603
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,451
net_rshares90,396,810,769
author_curate_reward""
vote details (2)
@tie-warutho · (edited)
I agree ads are bad. But this skimlinks thing is arguably worse, monitizing and tracking and distorting incentives and "skimming" away value non-transparently and deceptively. If steem/steemit doesn't have a plan to survive without this, it might as well give up, because that isn't what they promised. People want something different and better than the surveillance/advertising status-quo.
properties (22)
authortie-warutho
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t230653113z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 23:06:54
last_update2016-07-15 23:09:00
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length391
author_reputation586,778,809,443
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id127,223
net_rshares0
@ucing · 
good
πŸ‘  
properties (23)
authorucing
permlinkre-repholder-steemit-monetisation-without-ads-learning-from-pinterest-20160715t062817048z
categorysteemit
json_metadata{"tags":["steemit"]}
created2016-07-15 06:28:18
last_update2016-07-15 06:28:18
depth1
children0
last_payout2016-08-24 06:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4
author_reputation267,044,279,514
root_title"SteemIT Monetisation Without Ads - Learning From Pinterest"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,453
net_rshares60,171,099
author_curate_reward""
vote details (1)
Help/Feedback