“Should you work for free?” Well, social media companies expect you should

February 9th, 2012

The social media “industry” is built on the back of people doing “stuff” for free. The business models of most social networks — Twitter, Facebook, Foursquare, Flickr, YouTube etc. etc. — depend on consumers using the free/”freemium” services and thereby creating both the free content that attracts and retains users, and more importantly, a mine-able database.

via Should you work for free?.

Categories: Business, Online marketing, Social media |