Pheed Introduces New Social Media Model: Charge for Good Content
By Karla Robinson
October 23, 2012
October 23, 2012
- Facebook and Twitter users today are simply out to get followers, no longer focused on sharing good content. There is just too much noise created by high volume of poor-quality content.
- At least that’s what the new social network Pheed is arguing as it places emphasis on providing high-quality content.
- “It’s pretty simple, if you allow influencers to charge for content, high quality content will be produced,” Forbes writes. “Pheed enables users to share all forms of digital content, including text, photo, audio, video, and live broadcasts. ‘Pheeders’ then have the option to share for free or at a premium, either by applying a monthly subscription fee to their channel or setting up a pay-per-view live broadcast event.”
- Just days after launching the site, Pheed has already seen 350,000 unique visitors. The company says 200 celebs and “taste-makers” have signed up for the service.
- “Users can charge anywhere from $1.99 to $34.99 per view, or $1.99 to $34.99 per month. In both cases, the user selects their own pricing and owns all of the content,” explains the article. “Pheed makes money by taking half of the revenue, which covers bandwidth and storage, payment processing, and of course, Pheed’s profits.”
- Pheed faces one, potentially large, obstacle: Will people actually pay to view content or subscribe to celeb content?
- “Time will tell,” Forbes concludes. “Pheed has a good opportunity to succeed if it stays focused and doesn’t try to become a jack-of-all-trades. For now, it’s safe to say Pheed is a site we should all keep an eye on — its Twitter-with-a-business-model approach stands to seriously impact the social media game.”
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