Ning Phasing out Free SitesThursday, April 15, 2010 12:44 PM
Directory of Ning Networks / Social Network Directory of Ning Networks
In case you haven’t heard, I wanted to give you the latest news from Ning. Today, Ning announced a monumental change in it’s business plan. This is good news and bad news. For premium networks, it’s probably good news; in that, it’s what most premium networks thought they were investing in, in the first place. It will make the premium Ning Networks closer to white label, and likely more valuable assets. It is bad news and extremely sad for some free Ning Networks. Here’s an excerpt from the announcement by Ning’s CEO – Jason Rosenthal:
When I became CEO 30 days ago, I told you I would take a hard look at our business. This process has brought real clarity to what’s working, what’s not, and what we need to do nowMy main conclusion is that we need to double down on our premium services
to make Ning a big success.
business. Our Premium Ning Networks like Friends or Enemies, Linkin
Park, Shred or Die, Pickens Plan, and tens of thousands of others both
drive 75% of our monthly US traffic, and those Network Creators need and
will pay for many more services and features from us. So, we are going to change our strategy to
devote 100% of our resources to building the winning product to capture
this big opportunity. We will phase out our free service. Existing
free networks will have the opportunity to either convert to paying for
premium services, or transition off of Ning. We will judge ourselves by
our ability to enable and power Premium Ning Networks at huge scale.
And all of our product development capability will be devoted to making
paying Network Creators extremely happy.
Visit Ning Directory by Jen – Promoting Ning Networks at: http://theningdirectory.ning.com/?xg_source=msg_mes_network