Promote social network through mlm

Hello,

We are going to start a new social network (like myspace ...)

There are some different ways to promote it and attract new members
(adwords ...)

What do you think of sharing some of profit to our members?
(creating mlm network)

We will pay for reffering new members

Will this work?

 

Frankly speaking, this will never work.I had the same ad revenue sharing model for social network almost 6 months back.We were also working on it. If you get down to basics, the most you can earn from a single user per month is around $1.When you share the revenue with him, it is really negligible, even for you and for him too.
The cost of running a social network is kinda huge, Lot of Bandwidth.
Pyramid schemes don't work on internet.
Make something creative and useful, users will come on their own.

There are already sites which run on this model like
www.yuwie.com
www.apnacircle.com
and so many others.

 

thank you for links.

We are going to pay only for joing new users.

 

Hi,

If you want help in promoting your social network, feel free to register and submit it to http://findasocialnetwork.com. This is a search engine for social networks. List using relevant keywords so when interested users are looking for something they will find your site!

http://findasocialnetwork.com

 

Give it a tray, you can only learn more from your experience.