How to make money using social networks

Published on February 19, 2015

How to make money using social networks

Original author: Cathy Adams
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Nowadays, social networks are booming and offer new ways to make a profit.

Ten years ago, the word “social” meant staying in a pub on weekends. Fast forward to 2014, when “social” has become a buzzword, describing how we interact with each other online through various networks. Today, about half of all adults in the UK use social networks, making us the second most prolific social media user in Europe, according to the latest National Statistics Office.

But this is a global trend: according to eMarketer, one in seven around the world regularly uses social networks. But instead of spending time posting photos and games, social networks can also be profitable - you just need to know how to use them.

There are all kinds of social media - from social networks such as Facebook and LinkedIn and microblogging like Twitter and Tumblr to photo-sharing sites like Instagram and Flickr - they all have direct access to a huge circle of people, groups and companies.

If you can successfully advertise yourself, then it will be easy for you to find a job using social networks. LinkedIn is a good example of a social network for business that helps job seekers find work, but other networks, such as Facebook and Twitter, can also connect employers and employees. However, there are many other ways that can help you make money.

First of all, social networks can be a great place to advertise your services and can help you sell something from old clothes.

If you have a special skill, you can use social networks to make a profit. For example, talented photographers can upload their images to the Flickr photo-sharing site and make money using them. In addition, skilled videographers can sell their videos on YouTube, and if they are successful, they can make a profit.

Make Money On Twitter


If you are a regular user of sites such as Twitter and Facebook, then you can earn money by posting advertising messages about some companies. There is a platform called Sponsoredtweets.com that you can use to make money by tweeting products to your readers. Facebook also allows this. In addition, users can post reviews on sites like Dooyoo.co.uk and earn money when people read them.

Another way to get paid is to show ads on your Facebook page or blog page. You can show ads from major brands, and you will earn money from the number of clicks on your ad.

To do this, you need to register as an “affiliate” in marketing programs.

You can also show ads through Adsense, which will tailor ads according to the interests of visitors. However, how much money you earn depends on how many visitors to your blog.

For example, if you have 1000 visitors per day, and 1% of them follow the link in the ad, then you could earn £ 10 per day - assuming that the "cost per click" is £ 1, although this can vary greatly.

There is another option for bloggers and Facebook users. Instead of advertising for the brand, some users may write positive opinions about the product.

People are social in nature and this means that people become “creative” from ways to earn income from social networks.

Expanding market


As the number of users on social networks increases, the market expands with new services. Shopa.com, under the slogan “shop, share and earn money”, was launched in October 2013 and works by recommending products to friends through social networks.

Services like Shopa thrive on the web and gather social media users, which means they can use the incredibly wide network for advertising.

Some companies rely on social networks throughout their work. The social trading company Etoro, which has three million users worldwide, allows users to observe and copy the trading activities of other users. By copying other people's transactions, you can earn a lot of money, but it is important to understand the risks and get financial advice before starting a business.