Archive for category Monetize

Make Money Online with Social Media and Social Networking Websites

Making money online with social media and social networking is often looked at with mysticism, confusion, doubt, and misguidance. We will go over the numerous principles to capitalizing on these powerful mediums and why so many other techniques often fail. First we must understand what social media and networking sites are, and what they are not.

According to Wikipedia social media is “activities that integrate technology, telecommunications and social interaction”; social networking is very similar stating “facilitates communication between a group of individuals or organizations….shared values.” The most obvious word the two share is social; the goal of these websites is to bring people together in a relevant, organized fashion, to better transfer their knowledge and passions. They are not identical but the principles are the same: people sharing knowledge, organization, shared interests. We will use the term social media to represent both fields.

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Social Networking Monetized

Research, Research, Research, Social Networking is breaking new ground for the business owner, enabling one to see there financial dreams directly in front of them. Social Networking is taking the spot of the website. One will see a major change in the internet world considering Myspace has 200 million plus members with YouTube being the fourth largest. Myspace is telling you this is the place to be and we got 200 million people to back us up. It is called Social proof.

These social networking sites are true internet phenomena, but they are just the beginning. When you go to a Website, you will no longer see a sales letter trying to get you to buy something. You will see a Social Networking Site with about 20,000 users who love this product or service. As a consumer, what goes through your mind when you see a huge number of customers on a company’s site?

Hey just imagine for a moment that you have a wonderful product or service and you got 200 million people to say “yep he’s right” All of those people couldn’t be wrong. These social networking sites are truly mind boggling.

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