In recent years, Web 2.0 has become a popular term for advanced internet technologies and applications that internet users utilize for a whole new range of online activities. Of all the Web 2.0 applications, perhaps the most popular are social networking sites.
Online social networking is done by millions of individuals who use the internet to meet other people, gather and share information, experiences and ideas, and develop friendships and other forms of personal or business relationships. It is also a fertile platform to make money for those who are savvy enough to use the applications the right way.
To generate income using Web 2.0, ride on the popularity of social media websites which have become a big part of people’s lives. These sites offer opportunities for you make some profit, but most will not allow you to actually conduct business on their platform. So how can you make money on these social media sites without running the risk of violating any of their terms of service?
Here is where your personal profile comes to play. Social media sites let you build your personal profile where you place your personal information like interests, sports, hobbies, affiliations, even a bit about what you do for a living, as long as you do not do actual selling on the site. Your profile is also where you can post links to your own websites or blogs where you do business.
Say you have an existing website where you make money by selling digital cameras. When you create your profile in social media sites, design it around your interest in cameras, using keywords relevant to your website topic. In your profile page, you can talk about cameras and what they mean or give to you, and provide information that other people interested in cameras would also find interesting.
The key to luring the right kind of people you want to visit your site is to establish a profile that shows what your site is all about. Be creative. Describe your experience with different kinds of cameras in the most creative way so people will try to check out what you are talking about.
Within your profile, make your website address quite visible so those who view it can easily go to your website if they want. When they happen to share your interests, chances are they want to know more about you and will want to go to your website to interact.
By letting people know your interests and hobbies in your profile you inevitably draw them to your own website without actually selling them anything on the social media sites. When they visit your website, they will find your business and that’s where you can start to make money. It’s as simple as that.
Be advised though that each social media site works in a slightly different way so it is important to study each one and learn how to do your money making activities without violating their terms.
When you try to make money with Web 2.0 and social media sites, you need to understand that what you get from these applications are its millions of users who are your potential clients or customers. So the key is to use your profile to attract the interest of these people and bring them to your own personal website.
When your profile has created enough traffic for your website, you wouldn’t want your visitors to leave as soon as they get there, right? Keep your site interesting and attractive so that visitors will want to stay longer and that increases the chances of them buying your products. You can also post links on your site that will lead your visitors to other websites which will pay you for the traffic or give you a commission for every sale made emanating from your site.
Join as many social media sites as possible – as many as you can handle – so you get to meet more people online. Be sure to link together all your social networking profiles, to assure that your website will be found by those who are interested in what you have to offer in your site.
If you have Twitter account, maximize it by messaging people asking them to see you on sites where you have online presence, say MySpace or Facebook. Your network of friends and contacts may inadvertently promote your site – and in effect, your business too – to their own network of friends. That creates a domino effect the spells gold for all your efforts to make money on Web 2.0 and social media sites.
Are you making money with Web 2.0 and social media websites? Be sure to share your comments, thoughts, ideas below…