Where Is The Money in Social Media?

They say there’s money to be made in the social networks? They say you can make mmmillion dollars on Twitter?

Are they for real?

To be honest, I have no idea. Maybe?

Social Networking Is Not About The Money

Social media marketing is a way to make money with social media. Although I don’t like the term “make money” in this context, it is a way to say that there is earning potential in social media, HUGE potential actually.

To grasp that potential you have to concentrate on anything but making money, just like I wrote in the earlier post, concentrate on doing social networking the right way and not wasting your time trying to achieve something that’s just not gonna work.

You might gain some results by constantly promoting and selling stuff, but that’s not a way to build a personal brand. Unless of course you want to brand yourself as an annoying sales person, but for me, that’s not something to be proud of.
Social Media Is a Way To Connect

Getting in contact with your friends, customers, blog readers or anyone who shares the same interest and passion has never been easier. Social media is a way to connect to those people. And those social connections have the POTENTIAL for a business and making money.

Making money on the web successfully is about utilizing all the available mediums and utilizing them well. Tap into the gazillion Twitter users and quad-za-illion users in Facebook and the possibilities are endless.

Utilizing social networks, like Twitter and Facebook, to the fullest is one way to earn money through Internet business, not the only way, but very effective way if used correctly. And at least a great support for any business you’re running.

However, if you’re looking to make money using twitter, you’ll have to understand that it is a social network.
Social Network = Network of People.

Let’s not forget that Twitter and Facebook, like any other Web 2.0 Social Network, is about socializing, a service full of other people, like you and me. And interacting with people requires that you behave accordingly, if you’re not honest, fair and trustworthy, you will fail.

If you’re not ready to work hard and be honest, you might as well go and get connected with others who like to lie and cheat people, I’m sure they’ll be happy to see you – oh wait, there are no friends on that “side” of the web…

OK, maybe that was a bit harsh, but it’s true.

No-one likes dishonesty.

Or at least I don’t.

The power of social media as an Internet marketing tool is based on human-human interactions, friendships and TRUST.

With honesty, friendliness and being yourself, you can go far!
Who Are You In Social Media?

I’m being me.

I’m not making money on Twitter and I’m not sure if I want to.

OK, of course I like money.

Who doesn’t?

It’s OK to make money, take Nathan Hangen’s (and my) word for it.

Yeah, I’ll throw an affiliate link out when appropriate and when I think what I link to is actually useful and good (or I believe so), but I’m not direct messaging you to “buy my stuff” and probably never will.

I guess I’m trying to say I’m not in it “to make money” and if me being myself, communicating and helping others gains me credibility, supports me and my blog increasing the earning potential, more power to it!

That’s what successful social networking and social media is about for me, building a personal brand.

And it’s quite easy when you can just be yourself too!

I learned that from Katie Freiling and her How To Make The Most Money With Social Media video.
Show Me The Money!

Couldn’t resist that one. Jerry Maguire is one great movie…

Anyway — I have already shown you the money.

I have told where the money is.

The money is in the TRUST.

If you’re looking to sell anything online, you have to have trust.

And isn’t it easier to trust the fellow who you can see and who you know?

Like MikeCJ for example, when he posts a video that making money blogging is easy, you better believe it!

Why?

Because Mike keeps it real.
Who Are You in the Social Media?

Think about is and look at who you are online?

* Do you have your own image on your social profiles?
* Do you use your own name?
o weird usernames are OK, like my @Zemalf, but my real name is there too
* Are you getting into conversation and answering people,
* or do you just promote your own stuff?
* Are you being real?

Why are you getting involved in the social media?

Are you in it for the money? Or are you in it for something else?

Think about that for a second and leave a comment!

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Valet Park your Domain Name and Make More Money

Nowadays finding a good domain name is very difficult. Therefore, when ever we see a good domain name available for registration we register it immediately even though we do not plan to do anything with the domain name.

As a result you end up with dozens of domain names idling without a proper website. Even though you have no use for this domain names in the near future, you still may want to keep them for future projects or to sell them for a higher price.

Therefore, many people park their domain names to generate some revenue to cover their domain renewal costs. But, parked domain names have a number of problems. First of all, the parked webpage is full of ads and ads only. As a result parked pages do not have much credibility. Most of the users on the Internet can easily identify a parked domain page. They leave the parked website instantly without clicking any links or advisements. Secondly, only a small portion on the advertisement revenue is shared with you. The rest of the money goes to your parking provider and the networks that provide the ad service. Thirdly the parked pages do not have much content or keywords and therefore they are less attractive to search engines.

There are services that can solve the above problems by providing a value added parking service. I like to call the added value services as “Valet Parking of Domain Names”. WhyPark.com and DomainEmbarking.com are two examples of such services. The basic features of these services are as follows:

1. You point your domain name DNS settings to the service
2. You choose the keywords and the theme for your domain
3. The service will automatically create a website and generate the content for you
4. You can also place your ads on the newly created website

WhyPark.com is a paid service. You pay 99$ to park 100 domains while DomainEmbarking.com is a free service.

Now that your domain names have good content websites, search engines will index many pages. Your website also looks credible, making it more appealing to users.

So how do these services get their content? In the case of WhyPark.com, it provides a syndication service allowing bloggers and news publishers to push their content to the thousands of parked domain names websites. The content provider in this instance will be rewarded with a one-way back link from these parked websites to their own blogs.

Even though I really like this concept and it looks like a win-win situation for parked domain name owners and content creators, I have some concerns regarding the content in the parked websites. If the content is generated based on keywords, most likely the domain names with the same keywords are likely to contain the same content. This could create duplicate content among domain name competing for the same keywords. Initially Google will index all your pages and you may get a good page rank. But, as Google realizes that the pages are duplicates it will start to penalize you.

But this should not be much of a concern if you plan to sell the domain names. But if you plan to use your domain name for a future project, you may want to give some consideration regarding duplicate content and its potential effect on the page rank of your domain name.

I really like this concept and would like to give one of these services a try, but, before that I want to clarify my concerns. Anyone who has used this service please share your experiences.

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How to Find Your Business Strengths

Find Your Business Strengths

Finding your business strengths enables you to take over the parts of your business that you are well-equipped to handle and to allow other people or software to handle the parts of your business that you are not well-suited for.

Everyone has different strengths, and we all think differently. We all have different tendencies, and different ideal working conditions.

If you can find those conditions that are right for you and flesh out the other areas of your business that you may be lacking, you can help your business grow much faster than the average persons.

Taking a Business Strengths test is one of the easiest ways to figure out these results, and most of them cost around $100.

I’ve taken those $100 Strengths Test and they have definitely helped me in my own business.

The exciting part is that I just found a business strengths test that you can take for free! It gave me great data and feedback, and I highly recommend it.

It can help you grow your business faster and more efficiently, and take off some of the stress of doing tasks that you simply were not made to do!

Find Your Business Strengths

This business strengths test was developed by Steve Little, and entrepreneur of 40 years, and successful business man. I’ve known and tried Steve’s principles and they have helped me tremendously!

I highly recommend him, and especially this free test that he decided to give out!

I wouldn’t wait any longer.

Click the link, and get your free business strengths test that will help you to grow your business faster than you thought possible!

Find Your Business Strengths!

Also, make sure to comment below and tell me the results that you got. Mine told me that I was highly inclined towards entrepreneurship and sales. What did yours say?

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