Sunday, February 8, 2009

5 Ideas for Facebook to make money - Part III

Idea #1 - Yearly fee
Idea #2 - Blogging - Reinvented

Idea #3 - There are ~15,000 high schools in America. Every year, they have at least one class reunion event (10yr) and sometimes multiple events (10yr, 20yr). While there are things like Evite for casual parties, nobody provides a framework to plan high school reunions. Considering the daily reunions on Facebook, it's a perfect extension of a service they informally provide today.

Not only is there an opportunity for Facebook to charge a fee to the reunion planning committee (to find local vendors, host specialized photos, pre-party Facebook events, etc.), but also to take a commission fee from the vendors for being part of the Facebook network.