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Old 09-03-2009, 07:27 PM  
$5 submissions
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Originally Posted by mynameisjim View Post
Too bad the revenues from those ads for publishers will never be any good.

If you had a TV show watched by tens of millions of people per day you could charge millions per show for adspace.

Those are the numbers everyone ignores and it's why there has yet to be real money in social networking (or online newspapers, etc). The ads are virtually worthless compared to other forms of traditional advertising and it's not going to go up.

I'm not hating on social networking because I have no reason to, those are just the facts.

The answer is not more traffic because Facebook and Myspace and Youtube are already the highest viewed sites. Higher traffic won't solve the problem. They have to find a way to get advertisers to pay MUCH, MUCH more money for the ads they run.
it is still too early in the game to say NEVER. Expect more changes and some paths might lead to greater monetization. Sometimes, its the people spamming/marketing on social networks that make more money than the site itself. Why? Because the site owner keeps looking for big money while there's bigger money to be made through specific more channels.
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