You may be very active in updating your status on Facebook or sending out a tweet on Twitter or posting pictures on Pinterest. Why not? You are networking with your friends, family members and colleagues all over the world instantly and it is free. But have you wondered how these sites make money?
Social networking websites make money by charging a membership fee to users. Many online dating sites withhold key features from users until they choose to upgrade to a premium account. For example, you might be allowed to browse for a potential match on a dating service, but you'd have to upgrade if you wanted to send your soul-mate-to-be a message.
The most common way for Web sites to generate revenue is to allow companies to advertise on the site. It may be hard to believe, but Web advertising is still an emerging market. In general, the more popular the Web site, the more money it will be able to generate through advertising. A social networking site like Facebook has millions of active users. Access to that enormous user base is a valuable commodity. For that reason, advertisers might be willing to pay more for an ad on Facebook than for a comparable ad on a smaller social networking site.
There may be other business models emerge as social networking sites continue to grow and become more integral to the average user's experience. Other strategies could include, for example, special premium accounts for businesses. The businesses could then leverage the social networking site as an advertising platform.
If you want to make money through social media, then Facebook is definitely the place to start. It is the largest social network – and third most popular website – in the world. With billions of users, you'll have no trouble finding an audience that will be interested in what you have to promote. With Social Profit Academy, brainchild of Power Lead System, you will learn how to apply specific tips you can to your Facebook marketing strategy to make money, as well as great resources that will help you make the best use of your time, inspire, and educate you so you can increase business revenue and/or personal income.
Ways to Make Money on Facebook
Every Individual is on Facebook, and each brand is on the Facebook page. Capture Facebook users as much as you can. This you can do with Like Button of your Facebook Page. More the Number of Facebook Users like your Fan Page more is the reach of your page. With this huge amount of audience, you can promote any Company Products or Websites.
You can choose any products which you want to refer to your Facebook Friends. When you display product ad on Facebook and whenever any person clicks and purchases the product from the Company Website, you can make money on Facebook by getting the Commission.
Create a Facebook blog or an e-book
You can Post all the awesome tips, news, updates, marketing strategies regarding Facebook on your Blog or Website. You can do the same by publishing an e-book and earn with it.
Expand Your Business
If you have an existing business and want to expand it, Facebook is always the biggest market place for any kind of Business. You can connect and engage with your customers by setting up a Facebook page or a group.
Amazingly you need only few Minutes a day to pre-build a community and “Earn and Learn” from Facebook or other social networking sites via enrolling in Social Profit Academy. You will learn many ways to market and earn substantially. If you have a business already, you will learn enhanced your business by learning to get targeted traffic to enhance your revenues. If you do not have any business but you are looking additional ways to increase your earnings, you will be able to start earning on line in just few days.