Best Way to Make Money Online With Social Networking
Author: Alex Speedy
Significant success from the social sites offers quite a few opportunities for organizations and individuals to make money online, and with no concerns. Certainly one of most favored and most powerful application is anyone identified Facebook application which is among the best way to make money off possibilities. Each day 175 million folks visit Facebook and each day 100000 individuals signing up for.
Exactly what is a Facebook app?
Apps are exclusive programs created to provide various benefits to Facebook visitors. There are several examples, probably the most well-known are: The Mafia war game, FarmVille, Texas holdEm Poker, Pet Society, Cafe World, iHeart, Horoscopes, Family trees, Tetris tournaments, Poker games, Moods, hotlists, favorite movies, Facebook for iphone, birthday cards and gifts, graffiti, where I have been, IQ tests and many others. Facebook users can add or remove applications using their profiles whenever they would like. How to begin? In order to start with the business of Facebook applications you need either programming knowledge to develop the apps or money to hire a programmer to do the work for you.
The key to succeed with this kind of business is to create very addictive applications in order to attract large numbers of users. If you manage to do that you will be able to make huge amounts of money. How to make money?
1. Selling Facebook applications Once an application has reached a certain number of users it can be sold in one of the many available internet marketplaces (for instance sitepoint.com or eBay.com). Usually applications are sold for rates that range from $2 to $10 per user.
2. Develop applications under contract for third parties This is a great option for programmers and developers that don’t have much marketing and advertising knowledge.
4. Affiliate programs Another great way to make money with your applications is through affiliate programs like amazon, ClickBank or commission junction (among many others).
5. Sell your product Instead of selling someone else’s products you can market your own product. In order to be able to use the monetization method you need to create a develop a product. Probably there are many other ways to make money with Facebook applications, if you investigate more about this subject and use your creativity and imagination you will be able to take full advantage of this great opportunity and make thousands of dollars with it.
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