Stream Make Money
How to make money online like MySpace and Facebook!
Did you know that you can have your own social networking website "> site web of social networks like MySpace or Facebook – and create multiple streams of income for these sites … while working at home?
In a few months launch of its social networking site, MySpace and Facebook were each worth more than one hundred million dollars and is now valued more than one billion dollars each after only a few years. Experts agree, and proven by the success of MySpace, Facebook and other social networking sites like YouTube, LinkedIn and have their own social networking site is one of the best business opportunities today.
You can start your own social networking site and target groups specific people and monetize site in several ways. It is very cheap to make and can be fully managed from home. To work online. Could You have a site like this? Sure, why not? For a few dollars you can have a set of office networking site in minutes. Just visit title = "rs" www.rsitez.com> for more details.
So I recommend that you have your own social networking site? Because it is a very low cost, easy handle, can be done from home, easy to monetize, and all you have to do is convince people to join the site. You can have a free site selling ads, an online membership payment charge more to join, or a site that used to sell products. There are many other ways to monetize social networking sites, but these are the three most common ways.
Let's talk about the difference of these monetization options.
Listing Ads – Advertisers are always looking for new places to advertise their products. Clearly, the online advertising business to newspapers and magazines everywhere. It's cheaper, has a spin faster and more focused than the way his father used to advertise. You need not have a MySpace with over a hundred million members to sell ads. You only need a very focused niche site. For example, suppose you're a mom who stayed home and wants to build a network of moms. And let's say you can attract a large number of moms in your city. Suddenly, you can now go to the grocery store, bakery, nursery, gym, dentist and all the places usually go and offer them the opportunity to advertise on your site. You can set the price you want for your ads. Main idea, however, is that it has a target audience of mothers in the city that people want to achieve. This concept is the same for virtually every any affinity group, occupations, interests, etc. Here are some ideas: social network for artists, musicians, firefighters, police teachers, snowboarders, travelers, etc. There is virtually no limit here. Try to find something that you have a genuine interest and imagine Who else. your main job will be to attract people to your site and create value and opportunities for them.
Membership Income – Some sites will be free while others may charge a membership fee. It depends on the value of the site content. Example: a meeting place for teenagers, is likely to be free. However, a site that focuses on teaching someone how to invest, how to speak French, or how add value to their lives they can charge site visitors are willing to pay. Why? Because the cost savings and added value to the site for Member is evident. Here are some examples: A site that help recruit the best talent, employers, a place to help people through the financial crisis with proven investment strategies, a website which offers strategies for long-term relationships, a place to find help from someone the perfect partner. These sites credible and will be announced value, but once established, these sites could become very good ATM. It is a great way to earn money, because you can often charge a subscription fee for these sites, payable monthly, etc. The annual fee is based on the value they provide. However, you only have 1,000 members pay $ 10 per month to earn $ 10,000 per month with this method. It is a six-figure income working at home. Not a bad start!
Sale Online – The beauty of this method is that you already have their members in line and you know what they want – if you have an affinity niche social networking site. So, suppose you have a site geared towards football fans and has an online store with the site. Guess who sells? It is right and other football memorabilia "Things." T-shirts, calendars, ball, tickets, etc. This could be local – The team from the U of M College (University of money), a national team or simply football fans in general. But where to find such things to sell? You can partner with local dealer, take pictures of objects, upload photos and descriptions, your site to collect orders, and the merchant to meet orders. Basically, members can order products on your site, its reporting system automatic electronic order for the merchant, and sends its products to commercial customers. You take a percentage of sales, thank you for making virtually nothing, or the production, stockpiling anything. Another option is to use amazon.com or amazon.co.uk. These guys are selling almost everything imaginable – and they do all of storage and transport. However, the main idea here is that you get a piece of every sale that have been limited to a site that can attract a group of people who love do what you love to do anyway.
Currency – should be obvious now where I come from. But here it is. You can actually do all of the above to its social networking site at the same time to create multiple revenue streams with recurring cash flows. You may have a niche social networking site specific you: collect regular contributions, sell ads on the site for companies and individuals and can have an online store for its members to purchase products – all in the same place. Of course, once you have on the site and the public, can also provide "quality services to its members. … Ching Ching more sources of income.
So this is a small sample of what you can do today to make money online using your social networking site own, without even leaving home.
For more information about how to create their own social networking site please visit title = "rs" www.rsitez.com>.
About the Author
Rohan Hall is the Founder/CEO of rSitez, Inc. (http://www.rsitez.com), a technology firm that creates social networking software for entrepreneurs and organizations. He has spent 24 years building global technology solutions for various fortune 500 companies including Hewlett Packard, Lockheed/Martin, Sierra Pacific Resources, PeopleSoft/Oracle, Honda and others in the United States, Europe and Asia. He is the author of Stop Working, a business book that teaches entrepreneurs how to become wealthy. He has been featured in INC magazine, Black Enterprise Magazine, and various other media.
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