Do you read the advertisements that appear on the social networking web sites you visit? Neither does anyone else!
So, why do such hugely successful online communities as MySpace and Facebook rely solely on advertising to produce revenue and how long can they survive? Isn’t there any other way for online communities to make money? Actually, there are eighteen other ways!
In The Social Network Business Plan, venture capital guru and Smart Start-Ups author David Silver reveals eighteen cutting-edge methods for generating income from social networking web sites—none of which involve advertising, and all of which really work.
From Facebook and YouTube to blogs and Twitter-ing, social media on the Internet is the most promising new way to reach customers.
Marketing to the Social Web, Second Edition helps marketers and their companies understand how to engage customers, build customer communities, and maximize profits in a time of marketing confusion.
Marketers must look to the Web for new ways of finding customers and communicating with them, rather than at them.
I have been wanting to write about this for awhile now…
I was on the phone recently with a new online business consulting client who was using both FaceBook and MySpace as their primary Internet business platforms.
Here’s a part of the conversation we had on the phone…
It really doesn’t matter what social networking platform it may be, recent history has shown online marketers are quick to identify growth opportunities for their businesses and social network marketing has proven to be no exception.
If you are savvy and know what you are doing, social network marketing has proven to be a very viable way to grow an online business.
The original intent of social networking sites were for people to gather to share ideas, interests, stay in touch, or even meet new people all on a casual basis.