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How To Make Money Through Social Media

By Kevin Cliff

New technology can make or break careers. Find out what can be done with new changes and how it will benefit you. Though there are many ways to make money online, you’d fare better if you create a niche for yourself. Learn new ways to make money online and create a supplementary niche business.

Social Media

Social media’s happening. While we know social media to be Facebook, Twitter, YouTube and all those endless connecting networks where we get back in touch with school mates and old friends, did you know, social media is increasingly being used as a money making resource? Lots of companies have started connecting to customers through social media and this is very effective in bringing them more business as it makes customers happier and businesses more accessible. You could offer to manage social media relationships for small businesses from your home. While most businesses have a PR team, they don’t have a dedicated person to take care of their social media marketing and this requires time.

Join Social Lending Organisations

Have you have of Zopa? Zopa is a recently introduced social lending organization. The members of this organization can be money lenders or borrowers. This is like loan transactions between friends and relatives. You can borrow money from other members by joining the community and becoming a member. Money can be borrowed at a lower interest rates than the market rates as there is a low overhead cost. When you have excess money, you can repay the borrowed amount and then lend money to others and make money out of it.

Make money through crowdsourcing sites

Welcome to crowd sourcing. The ideas of different people are brainstormed to create a new product, this business is called crowd sourcing. There are crowdsourcing websites like 99designs.com that invite people to design t-shirts and logos for various products.If your idea clicks, you win and you are paid well for your idea.

All the above techniques are fun ways to make money; you get to interact with lots of people and the pay’s good.

I hope you enjoyed the post. If you want to learn more about how to make money fast, do some online searching! Searching for the term make extra money will find you lots of informational resources.

Article kindly provided by UberArticles.com

Topics: Business | Comments Off

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Article Citation
MLA Style Citation:
Cliff, Kevin "How To Make Money Through Social Media." How To Make Money Through Social Media. 21 Aug. 2010. uberarticles.com. 9 Apr 2016 <http://uberarticles.com/business/how-to-make-money-through-social-media/>.

APA Style Citation:
Cliff, K (2010, August 21). How To Make Money Through Social Media. Retrieved April 9, 2016, from http://uberarticles.com/business/how-to-make-money-through-social-media/

Chicago Style Citation:
Cliff, Kevin "How To Make Money Through Social Media" uberarticles.com. http://uberarticles.com/business/how-to-make-money-through-social-media/


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