Wednesday, November 19, 2008

Make Money On MySpace With 5 Key Profit-Pulling Strategies

By Kylon Trower

Now that you have decided to get involved in the social networking game you need to know the rules before you foul out and get sidelined before you get started. You won't make money on MySpace or any other social networking site until you thoroughly understand some fundamental guidelines.

I'm going to lay a basic foundation for you to follow which should really get you off to a fast and profitable start. So here goes:

You may or may not have heard of friend adder software to use on MySpace. Either way, I believe it is essential if you are planning on making money in the short term. The faster you can gather and add friends to your profile, the faster you build relationships, the faster you determine who is candidate for your products or services. Time is money and you risk wasting a lot of both by doing things manually.

Determine what your target market is before you randomly start inviting people to be you friends. The great thing about MySpace is the browse section that allows you to pick and choose the characteristics of your friends (i.e. age, location, income range, etc.). You can also use the groups and forums to carefully pick the friends that are more likely to be interested in your offer.

Do not get caught up in the minutia of social marketing or you will find yourself wasting a lot of time. If you decide that you want to do more socializing than marketing then set up a new account for that and set a time for those activities. If you have a product or service that you want to offer that is unrelated to your target market, I recommend setting up another profile for that product or service.

Take the time to choose eight to ten people that you are going to focus on building deeper relationships with each month. This will allow them an opportunity to get to know, like and trust you before you start to talk about your product or service.

Get personal and build relationships. People first want to do business with a real person and not just a company or product. Make sure to be personable and share from your life and experiences. Make sure your profile doesn't look like a billboard or commercial. I've visited profiles in that past and couldn't even find the persons name on the page. I couldn't even send them a personal message by name if I wanted to.

Once you start using the different tools available on MySpace you can limit your time to under an hour a day and get incredible results in sales and profitable business relationships.

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