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MONETIZATION - IT'S HAPPE-Ning ON SOCIALGO!

by Evil Genius on 10th Aug 2009 | View all blogs by Evil Genius

monetization.jpg

Start shaking your money tree!

It's been some time since we've stood up here on our soapbox and spoken about MONETIZATION. But the time has returned! Things are really heating up here at the LAB and SocialGO as the POWER TOOLS start come off the production line.

We have just released LabAffiliate, the powerful companion to LabConnect. These two products empower you to do something that is NOT currently possible on other hosted platforms -- You can create you own network of related sites with universal login (LabConnect) and then utilize the Master Site as an SEO and Marketing portal to direct, track, and report all members sent through to the Sub Sites. Using our LabAds, you can then further monetize by creating an advertising banner campaign that spans across your entire network syndicate. Our upcoming LabCommission will let you further expand your empire by providing affiliate rewards for site members who refer new paying member to your network syndicate

With SocialGO and the tools from WidgetLaboratory... you truly CAN become a Social Network Mogul!

But wait, there's more! Take it one step further....

With the built-in capability to assign multiple permission levels to members, you can now create "up sell" premium features on any SocialGO site. This means that a Sub Site can bring in paid "members" from the Master Site referral, and then offer these members the opportunity to purchase additional content that is exclusive to that Sub Site alone (such as niche videos, photos, stories, etc). Everyone benefits form this multi-level marketing potential!

The LAB is soon releasing our LabCMS and LabAuction products that will allow a site owner to create or plugin an unlimited variety of content in modular form, as well as create member to member auction capability. SocialGO is also testing their new universal shopping cart feature called GOcart that will provide the transaction engine for site owners and their members.

For the icing on the cake, throw in our Virtual Gifts/Drinks, Member Style Pages/Templates, LabClassifieds, LabCRM, and other features not found on any other social network platform... and you have yourself a bonanza of money-making opportunities without ever leaving your SocialGO network!

As promised back in October of last year, WidgetLaboratory is fully dedicated to the concept of providing Social Network creators the ability to create PROFITABLE social networks that are fully white-label and under their OWN control.

Remember: It doesn't take a $117 million dollars in Venture Capital funding to figure out that making it EASY for YOU to make money is the way to run a profitable Social Networking platform...

Comments

18 Comments

  • Da Vinci
    by Da Vinci 6 months ago
    Okay I'm TOTALLY excited about these new features :)
  • ice man
    by ice man 6 months ago
    lets go!
  • shawneo
    by shawneo 6 months ago
    Now your talking! Can you expand on Lab Commission? Will this be available through/integrated with the member billing/subscription features SoGO is expanding upon? I want my members to be monetarily motivated to bring in paying subscribers!!
  • christoforos
    by christoforos 6 months ago
    asap pleeeeeeeese, almost when will be ready ? some of them is amazinnnnnnnnng
  • Evil Genius
    by Evil Genius 6 months ago
    @Shawneo

    LabCommission is to be a member referral points system. Basically, points or cash payout (your choice) when a member refers another paying member to join your site. Simple.
  • ClutterrMaster
    by ClutterrMaster 6 months ago
    Are Virtual Gifts/Drinks and Member Style Pages going to be free widgets? I'm very excited about all the new widgets that can soon be available to our social network users.
    Thanks

    http://www.clutterr.com
  • Evil Genius
    by Evil Genius 6 months ago
    @Clutterr

    The Widget will be a nominal cost to the Site Owner (such as a one-time purchase of $19.99). Each member will get a certain quantity of "free" gifts to use initially or possibly periodically (a monthly update of gifts to use for free). If they use up that allotment, then they can purchase more gifts or drinks to send to others.
  • Tau Morena
    by Tau Morena 5 months ago
    LabChat is not being mentioned again. Crap!
  • kevin
    by kevin 5 months ago
    Where is the promis of LabChat, we need this widget....
    I know that thet say couple of months back that it will be release within days's but dont see it al all! Can you give a updaten when we can expect Labchat?
    Thanx
  • Evil Genius
    by Evil Genius 5 months ago
    LabChat requires a commitment level at the SocialGO end to support the servers and userbase. This will come in time, but at the moment all available resources are being spent on other pressing priorities.
  • Rachelsamantha
    by Rachelsamantha 5 months ago
    evil the number one priorities should be lab chat go too one of the socialego
    groups, when you log on they have 30 two 60 members in a mini chatroom on the homepage, wigets are ok but when members log on they want two go stright into the mini chatroom
  • Carnigi
    by Carnigi 5 months ago
    Regarding LabCommission...can we give members points for other things besides referring members? i.e. Contributing to the site, site activity, etc? And will there be a page or a place on members' profiles where members can see how many points they have?
  • Evil Genius
    by Evil Genius 5 months ago
    @Carnigi

    Conceptually you are asking about a different product (a points or ranking product). That would be different than LabCommission, which would be strictly about driving paying members to join a site and being paid a commission for the same.
  • Evil Genius
    by Evil Genius 5 months ago
    @RachelSamantha

    We already have the product developed. The issue is one of committing the resources towards supporting and maintaining a global chat solution. We are hopeful that SocialGO will be committing to this process going forward.
  • ClutterrMaster
    by ClutterrMaster 5 months ago
    When are the widgets lab style and virtual gifts going to be released?
  • JOS
    by JOS 4 months ago
    Do any of your products facilitate a donation type transaction like chip-in or similar? I'm looking at implementing SocialGo for a not-for-profit who'd like to drive donations via the site.
  • TAZ3690
    by TAZ3690 4 months ago
    @JOS
    Yes... this was an idea i was thinking up not long ago on this forum page http://www.widgetlaboratory.com/forum/topic/312

    Like a last donators to the site app but for the members don't say what each member payed but have a little sticker on there profile like "I helped "SITE NAME" by donating why don't you!" or just an image of some sort.
  • CaRLo
    by CaRLo 4 months ago
    I have a similar question like LukeDL and JOS. My social site is for my high school and so far I'd been donating the full maintenance of it for the past year. It would be nice there is a way for the alumni members to donate for the maintenance of the site...
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