By on October 19, 2006

How Social Networks Can Make Money

14



CNET looks at the complex task of actually making money from a vast social network site.

Social networks attract plenty of visitors but have had a tougher time attracting advertisers who may be wary of associating their brands with inappropriate content….New technologies are being developed to help make social networks more attractive to advertisers.

It’s a long article, so grab the coffee first. ;-)


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14 comments on “How Social Networks Can Make Money”

  1. JVDealmasters Says:

    March 30th, 2008 at 5:58 pm

    Hey Andy.
    Here’s a new social netowrk that you can make money from. jvdealmasters.com

  2. Zip Says:

    June 23rd, 2008 at 5:08 am

    Social Networks will only become more and more specialized. Or in other words Niche.

    http://www.micronichesocialnetworks.com offers some great tools for learning more about how these micro sites are actually starting to kick in money and how the future of the net is gravitating this way.

    Thanks for your tips above.

  3. will Says:

    August 1st, 2008 at 4:22 pm

    pretty cool, I personally use myspace to make money from.

    will’s last blog post..Big announcement

  4. Germz Says:

    August 2nd, 2008 at 12:19 am

    Social networks can make a lot of money. I soon plan on exploiting a few myspace loopholes to make some money out of it.

    Germz’s last blog post..Microsoft’s “Mojave Experiment”

  5. John Cow Says:

    August 3rd, 2008 at 8:51 pm

    Interesting to see ow this post is 2 years old and where we are with social networks now.

    John Cow’s last blog post..History of Blogging & a Bunch of Other Things

  6. Anna Says:

    August 6th, 2008 at 12:29 pm

    Interesting that some people here are saying they make money through MySpace, I wonder how specifically they go about it.

    Anna’s last blog post..Holly Mann’s Honest Riches 2008 | Honest Riches 3

  7. Kurt Says:

    October 24th, 2008 at 3:57 am

    cool post, I’ve joined all major social network sites but finding large number of targeted friends or followers is a tough job. thanks for sharing!

    Kurt’s last blog post..My Twitter Strategy-My Approach to use Twitter Effectively as a Marketing Tool

  8. Abdulrehman Agha Says:

    November 21st, 2008 at 3:48 pm

    It’s all about having a big network!

    Abdulrehman Agha’s last blog post..The After Effects of Money

  9. Syte Black Says:

    December 9th, 2008 at 3:01 am

    Very useful information Thanks

  10. Steve Says:

    December 19th, 2008 at 1:08 am

    Just started using Facebook for marketing purposes. Only time will tell.

    Steve’s last blog post..Can You Make Money Blogging

  11. Stefani Anderson Says:

    December 27th, 2008 at 5:04 pm

    Great article, didn’t even realize the date until I saw John’s comment above. A lot of marketers are leaving a lot of money on the table by not leveraging the power of Social Networking.

  12. Sharon Says:

    January 3rd, 2009 at 8:51 pm

    Some sites such as Judy’sbook and Gather began well…offering part of their revenue to members who were loyal and dedicated to the site. They even hired a member manager and staff to work with the members to keep everyone happy. Yet they didn’t have total faith in the those they put in charge of the “preschool” and refused to let those in charge of the membership put several trouble makers “on notice”, choosing instead to eliminate the postions entirely and let the “inmates run the asylum. In addition to taking a “hands off” approach to the site, they also chose to cut points earned by members and back off of perks they were freely offering months ago. Though the site is still up and running, many are reluctant to put as much time and effort into an article, image or video as they did before for mere pennies. Member management that members appreciate and whom have full backing from the site are the backbone of loyalty and return visits from members. Too bad some sites just “don’t get it” and choose to flounder their way throughout the social networking available.

  13. DPinterworld.com/blog Says:

    January 11th, 2009 at 10:33 am

    Well, now so many people have mentioned myspace. I’m goin to try it out too!

  14. Hisham Says:

    May 30th, 2009 at 5:31 pm

    Hello, I was thinking about how to make money from my social network, and I have created one and it seem to be working www.newmediabloggers.com

    Thanks, Andy