Wednesday, June 23, 2010

Ning adds new e-commerce and gaming revenue channels for its members.

A couple of months after phasing out the free part of its platform, Ning has just announced some new tools for its network of members in an effort to give them more opportunities to monetize their sites. The new ventures are in partnership with do-it yourself brand promotion CafePress and social gaming startup Heyzap. With the new initiative, network creators can now integrate Customs CafePreess shops directly into their networks and sell their branded products to their members or to the general public. The same is true with Heyzap with the possibility for network creators to add Hayzap pay-to -play games onto their networks. Ning will get a cut for each transaction with either platform. Another platform, Chipin, was also added, allowing network creators to raise funds and collect donations from their members for their chosen causes without Ning getting any cut. Ning executives are saying that these new revenue avenues are just the beginning of what they promise to be a string of numerous revenue channels, techcrunch reports.

For more, see techcrunch.com

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