Where Is The Money in Social Media?

They say there’s money to be made in the social networks? They say you can make mmmillion dollars on Twitter?

Are they for real?

To be honest, I have no idea. Maybe?

Social Networking Is Not About The Money

Social media marketing is a way to make money with social media. Although I don’t like the term “make money” in this context, it is a way to say that there is earning potential in social media, HUGE potential actually.

To grasp that potential you have to concentrate on anything but making money, just like I wrote in the earlier post, concentrate on doing social networking the right way and not wasting your time trying to achieve something that’s just not gonna work.

You might gain some results by constantly promoting and selling stuff, but that’s not a way to build a personal brand. Unless of course you want to brand yourself as an annoying sales person, but for me, that’s not something to be proud of.
Social Media Is a Way To Connect

Getting in contact with your friends, customers, blog readers or anyone who shares the same interest and passion has never been easier. Social media is a way to connect to those people. And those social connections have the POTENTIAL for a business and making money.

Making money on the web successfully is about utilizing all the available mediums and utilizing them well. Tap into the gazillion Twitter users and quad-za-illion users in Facebook and the possibilities are endless.

Utilizing social networks, like Twitter and Facebook, to the fullest is one way to earn money through Internet business, not the only way, but very effective way if used correctly. And at least a great support for any business you’re running.

However, if you’re looking to make money using twitter, you’ll have to understand that it is a social network.
Social Network = Network of People.

Let’s not forget that Twitter and Facebook, like any other Web 2.0 Social Network, is about socializing, a service full of other people, like you and me. And interacting with people requires that you behave accordingly, if you’re not honest, fair and trustworthy, you will fail.

If you’re not ready to work hard and be honest, you might as well go and get connected with others who like to lie and cheat people, I’m sure they’ll be happy to see you – oh wait, there are no friends on that “side” of the web…

OK, maybe that was a bit harsh, but it’s true.

No-one likes dishonesty.

Or at least I don’t.

The power of social media as an Internet marketing tool is based on human-human interactions, friendships and TRUST.

With honesty, friendliness and being yourself, you can go far!
Who Are You In Social Media?

I’m being me.

I’m not making money on Twitter and I’m not sure if I want to.

OK, of course I like money.

Who doesn’t?

It’s OK to make money, take Nathan Hangen’s (and my) word for it.

Yeah, I’ll throw an affiliate link out when appropriate and when I think what I link to is actually useful and good (or I believe so), but I’m not direct messaging you to “buy my stuff” and probably never will.

I guess I’m trying to say I’m not in it “to make money” and if me being myself, communicating and helping others gains me credibility, supports me and my blog increasing the earning potential, more power to it!

That’s what successful social networking and social media is about for me, building a personal brand.

And it’s quite easy when you can just be yourself too!

I learned that from Katie Freiling and her How To Make The Most Money With Social Media video.
Show Me The Money!

Couldn’t resist that one. Jerry Maguire is one great movie…

Anyway — I have already shown you the money.

I have told where the money is.

The money is in the TRUST.

If you’re looking to sell anything online, you have to have trust.

And isn’t it easier to trust the fellow who you can see and who you know?

Like MikeCJ for example, when he posts a video that making money blogging is easy, you better believe it!

Why?

Because Mike keeps it real.
Who Are You in the Social Media?

Think about is and look at who you are online?

* Do you have your own image on your social profiles?
* Do you use your own name?
o weird usernames are OK, like my @Zemalf, but my real name is there too
* Are you getting into conversation and answering people,
* or do you just promote your own stuff?
* Are you being real?

Why are you getting involved in the social media?

Are you in it for the money? Or are you in it for something else?

Think about that for a second and leave a comment!