New Reveals How to Make Money From Social Networking

Added: (Sun Nov 02 2008)

Pressbox (Press Release) - Fl, USA, November 2,2008.........Social Networking has become enormously popular over a relatively short period of time, with hundreds of millions of users putting their profiles on sites like Myspace, Facebook, Bebo or one of many other similar sites. Some people join Social Networking sites to promote their business, some to just banter with existing friends, some to make new friends over the internet and some just for fun of it.

Most of the Social Networking sites have no membership costs, but some dealing with specific niches do charge.

So why would someone go to all the expense to set up, host and provide such facilities for free? Simple really, by having a large client base, they can charge other companies to advertise with them. The larger their client base, the more those advertisers will want to advertise with them, so they will be able to charge the advertisers more money.

So if you were to set up a new Social Networking site, how do you compete with the likes of Facebook and Myspace that are already well established? In order to attract the big advertising bucks, you need to build a big client base, but why would a prospective client come to you and network with a handful of people when they can go to Facebook or Myspace and network with millions of people?

A new Social Networking site called Zenzuu have come up with a novel solution that is of benefit to their clients. 80% of the revenue that they get from advertisers will be paid to their active client base. People can join for free and actually be paid. That will give Zenzuu a big advantage in attracting new clients over the more established Social Networking sites. Their rationale is simple, if you are going be Socially Networking anyway, one company pays you and the other one doesn't, which one would you join?

But isn't 80% an awful lot to give away? Zenzuu do all the work for only 20% of the advertising revenue. Again, there is a method to the madness. With the extra people attracted by the payout, Zenzuu reason that it is better to get 20% of millions of dollars than 100% of hundreds of dollars.
There are many video sites where members have earned as much as 26000 US dollars for submitting their videos.
So the potential is huge. Waseem Dar has launched an ebook in which he reveals how to make nice income submitting videos and postong blog posts to such sites. The ebook is jampacked with useful information even for noobs. For more details about this ebook, visit here http://articalz.com/socialmediariches