Monetizing Social Networks: The Four Dominant Business Models and How You Should Implement Them in 2010

1. Display Ads
2. Branding Certain Elements within an Application
3. Virtual Currency
4. Virtual Gifts

2010 will be the year of social networking monetization. There will be a significant amount of changes, and more players are soon to enter the space. As soon as revenue is released to the public, and that revenue is significant, you’ll see Fortune 500 companies salivating at the chance to get in on the game. And they will. This will likely be met with acquisitions, as well as in-house spinoffs launched to capture some of the pie (think of Hulu’s launch in order to respond to YouTube).
(Link: Monetizing Social Networks: The Four Dominant Business Models and How You Should Implement Them in 2010)