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Using Social Networking to Make Money Online

Aug 27, 2008
Today, social network websites are sprouting like mushrooms. There are over hundreds of them -- some huge, some small. The reason for this, however, is more than just establishing connections with friends and acquaintances. A social network can also now be a great source of income for someone.

Whenever you are in a social network site, ensure that you can use it to your fullest advantage. Here are some tips on how to use it:

1. Join social network websites with a lot of members. Myspace, Friendster, Bebo, and Hi-five are just few of the many social network websites with thousands or millions of members from all over the world. Thus, it becomes a lot easier for you to build your contacts.

2. Come up with an engaging profile. Once you have already chosen your social network site, you can start creating your profile. Now you do not need to be somebody else just to attract the attention of other users. The most important thing is that you have a well-designed layout and a readable profile.

3. Add a link to your website or blog. This is one of the most essential components when you are designing your social network site page. This is how you can actually drive traffic to your website and increase your sales conversion rate. Majority of the social network websites give you the freedom to do so.

4. Participate in groups. There are also some groups that can be created in social network websites, and you can make use of it to promote your business. You can start a thread where you can add an article you have written and perhaps a link to your website. You can answer questions of other members. You can even advertise your business, as long as you do not make it so obvious. In other words, you can establish your credibility and authority in social network groups.

5. Write a blog. A lot of social network site users are actually nosy. They would love to hear new and exciting stories about you. You can do that by creating your own blog. You can dedicate it solely for your business, or you can add some personal notes. Make sure, though, that you can produce well-written and definitely interesting ones. You do not want to bore your readers.

6. Sell products and services. If you think that you have already established yourself well in your social network site, then it is highly possible for you to start selling your products and services. The truth is these users, though they are very careful of sellers, would basically patronize you if they can see and feel that you can be trusted. But then again, it boils down to good relationships, so you may want to strengthen that first before you do this. Good examples would be sending out greetings on special days, or dropping by their page and leaving a good comment.

Social network websites will be around for years -- in other words, they keep growing. To already secure your own spot in them, join now and start earning.
About the Author
Greg is an internet marketer. He has come a long way, from drug addict in major debt, over $10,000, to young online business owner making 6 figures a year! You can get more info. on social networking at www.MeLoveMoney.com - Reviews Of Wealth Programs, Drop Shipping And More!.
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