Multiply's Solution to Monetization? Charge People!
While the debate over how to generate landslide revenues from social networks continues, Multiply.com believe that they’ve figured out a good solution for making money: charging its users for premium accounts. Caroline McCarthy explains the service, “Called a ‘digital scrapbook,’ this premium feature will cost $19.95 annually.” The digital scrapbook offers storage for high resolution images and 20 minute videos.
This new service appears to compete directly with Flickr. So how does Multiply compare itself to Facebook? Executives at the company like to avoid the “F-word” but in comments to Caroline McCarthy at News.com,
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