Ning Will Take a Percentage of future Membership Fees - What Are Your Thoughts?I just found this out from the Ning
Creator site. Ning will take a revenue share (percentage) for membership fees. These are fees you will be able to charge your members in the future, if you choose to charge for membership.
Question that was asked on Creators - Original Discussion:When the new pricing goes into affect, and owners of websites began to charge members a fee, will we have to split the profits with Ning?
Eric's Answer - Original Post: (Eric is the Community Manager of Ning Creators)
Great question! We do plan to take a revenue share on membership fees, partly to cover the costs of processing the payment. We get charged fees by our credit card processor and PayPal. I don't have the final details to share, but I will when I can. Our intention is to provide NCs with as many money-making opportunities as possible, and some of those opportunities will include revenue sharing, which I think genuinely benefits both parties.
Jen's Thoughts:I can understand Ning charging a percentage, no problem. Especially since they will incur a fee for processing the payments. I mean after all, anything I charge for my Website Design Services or anything else online, I end up paying someone a fee for processing, understandably. It's goodbye to the days of old fashioned Merchant Credit accounts, and "in with the easy-breezy - - umbrella accounts" - - works for me. I do have concerns about this setup, but not enough to matter.
Here's the way I look at this situation overall:If I own a Social Community that utilizes the Ning platform, I would like to have easy built-in features to monetize my site. To add a membership feature that is not integrated would take a good deal of coding (if even possible), would likely get messy, and could break when the Ning platform implements updates. I would much rather have those features built-in, and share the profits with Ning - - within reason of course.
As a Network Creator, what are your thoughts? Join the Conversation.