Social Networking War - Making Money Quick Learning Who Will Win

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It's always the same. When the automobile was first being manufactured, many companies jumped in and they are mostly gone now. When the Internet first started, many websites sprung up to do similar tasks, then the market consolidated around a few winners. That is ALWAYS what happens.

The latest craze is Social Networking. Lots of sites have sprung up... Twitter, Facebook, YouTube, LinkedIn and many others. Which one will win?

If you put all your energies into the one that fails, you will have wasted time and be behind. If you grasp onto the correct one, that wins and grows, your efforts will be hugely rewarded.

So, which one will win?

Let's look at the big ones.

YouTube

Google bought YouTube and regrets their decision. Google invests a shocking $1 million a day into buying servers and memory just for YouTube because YouTube gobbles up more memory and bandwidth than any other non-profitable service on the web. YouTube is currently losing about a half-billion dollars a year! This cannot last. You may contend: but it is so much fun and so valuable to exchange videos! That's true, but it's losing too much money. Starbucks could dramatically increase their traffic if every single product they offered were free. Their number of customers would skyrocket. Their name and reputation would rise. And, then they'd fail because they would be losing money. Why is it easy to see with Starbucks yet tougher to see with Social Networking? YouTube will not survive.

Facebook

This site began as a digital online version of the book which Harvard University published every year. To this day, it is mostly for the younger generation. And, they won't pay for services and Facebook will unlikely migrate up to the business crowd which will pay. Sure there are businesses on Facebook, but that is really not their sweet spot. Also, Facebook is very complicated. Groups, Friends, Fan Pages. Considerable work is required to keep this going. Facebook will not survive.

LinkedIn and all the other Facebook take-offs

They are already failing or are too small to be considered as contenders. They are already not surviving.

So, which one will win? No one now really knows, but here is my best forecast...

TWITTER!

Twitter will be the winner. Twitter grew from half-million in early 2008 to 7 million in early 2009 to an expected 100 million in early 2010. That's faster and higher than any site has ever grown ever. Further, Twitter is really easy to do with very little effort, no training, a few very simple rules and tiny messages of only 140 characters. Just like are society these days, just like fast-action movies these days, Twitter is exactly like these. Fast. Easy. Fun. Twitter will be the winner.

I personally am considering dropping my interest in Facebook and focusing entirely on Twitter. I am personally focusing on considerably increasing my Twitter followership. That's where I see the future. Join me.

Making Money Online Using Social Networking

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Hi Edden Jones again here. Making money online is a very simple theory, you just need to drive people to your website where people will buy your product. The hard part of course is getting people to your website in the first place!

There is so much information available about how to do this it can be overwhelming. My advice for someone starting out trying to make money on the Internet would be, keep it simple! You don't need to master SEO or spend a fortune on pay per click. Use social networking, become a master of it and you can reap the rewards, and best of all it free!

I concentrate my marketing on 3 main social networking sites:

Facebook
Twitter
Youtube
I do use some others but these 3 sites when used correctly can drive more than enough traffic to my sites. With Facebook and Twitter it's important to not abuse them, by this I mean not spamming with every status update or tweet, don't do it! No one wants to be bombarded with you advertising your business every 5 minutes! it's boring. The correct way to do it is to add friends and followers everyday, thus building your 'audience'. Make sure you update your status everyday but with non business stuff, this will help get your personality across and keep people interested. Every 3 or 4 days you can put something about your business with a link to your website, that's fine. Just don't over do it!

Get as many Youtube video's of your business up as possible. People like to see video's especially if it's just a video of you talking to camera because it shows your a real person, and again, gets your personality across. Subscribe to other people's channel and put in a good comment on their channel and they will do the same to you, again this will build an 'audience' and get your vids ranked higher.

Keep doing this and you will see results from social networking!

Making Money Online with Social Networking

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Unless you live in a cave somewhere, then everyone has heard only from sites like Facebook, MySpace and Twitter, as it could? These sites are so popular that not only most frequently mentioned on television and in films, but also titles on numerous occasions. Facebook seems to have a hand in support for different catch criminals, and you have certainly heard the stories of famous people aired their views on each otherTwitter.

My point is this ... Social Networking Sites are HUGE breeding sites used by the activities of bored housewives want some 'social interaction with the celebrities want to connect with their fans, from teenagers want to share with friends grandmothers trying to keep up with their families, chat and support musicians share their music player MMO exploit social networking sites cover almost every social group imaginable. Do not believe me? Try typing in the AmishFacebook, the last time I looked there were over 3,000 fans for the Amish as a religious organization. To a culture that allows for technology that is truly awesome!

What has this to do in order to make money?

If so many people gather there a place where there is no doubt that there will be a path out to make money. You can advertise your company on Facebook, it costs money, but the fact of the matter is that Facebook is not only verybetter system for tracking public for its advertisers, but most people visit like Google does!

People began to advertise their products and services on Facebook soon enough, but whole pages or create new profiles specific to their company Web sites and then invite people to obtain free advertising. Groups are created for everything from financial advisers GHOST Hunters.

And what about applications? Facebook is full of smallBrowser games that users register at a few minutes of conversation per day, monitor people playing on and spend their money pretending to decorating and buying new products. The creators of these applications can make money advertising, but not all. Have not only the choice to pay for you to make in-game items, you also have the ability to use real money to find out I was stunned that people join a group, the campaign wasPlay more money when I asked why on earth would you want to spend money on the game I was told that a boy had managed to free riding, a £ 6,000 bill on the credit card of his mother. Most people on these social networking sites not only play one or two games that play various games. Even if they are spending real money they offer, the designer application with a handsome profit in advertising.

How do I cash in on social networkingSites?

It depends on what you do. You can design browser games for people on Facebook and MySpace? Then the great crack with it. Once done, give your friends and ask them to do the same, people want to test it and say what they think, please use the feedback to make it more attractive.

For those of you already have a business or a site that you want to promote then go further, make your pages, groups and profiles, and peopleinterested in what you have to offer. But not enough, the online social media integration wonderful. Not only can you keep your supporters up to date with RSS or Atom feed that can be connected a lot of these social media sites. In most cases, you can automatically update your accounts. You post a video on YouTube, and the same link will be posted on Facebook, Twitter, FriendFeed, etc., etc., without ever lifting a finger!

SocialNetworking not only provides the ability to keep up on what friends and family around the world to do, but it also gives the opportunity to ensure that they are updated.