I’m talking revenue primarily from online ad’s (both websites allow marketers to pay for ads). You may be surprised to know that MySpace is a long way ahead of Facebook in revenues.
And another very interesting fact for me. If you believe the numbers, forty (40) percent of mothers online in the U.S. alone use MySpace. Wow! Hahaha.... Mom's Online is in MySpace ! ;-)
Jeff Berman, president, sales and marketing at MySpace.com says Myspace is going reach $1 billion in sales quicker than Yahoo or Google did!
That got our attention.
Now I’m not going to suggest you run off and join the PPC offerings of both of these social media sites (although lots of people are no doubt making gobs of money doing so).
I’m going to suggest that you have a re-think of your promotional work at both websites. Just what exactly are you doing (if anything) on these websites.
Are you actively promoting to your niches in these websites? Are you uploading video’s to these sites? Are you investigating revenue opportunities, building friends, setting up groups, blogging, etc on these websites?
If not, it’s time you did. I’ll be honest and say I have all but abandoned Myspace in the past 3-4 months, ( but that was because my account was phished!) but after recently reading this, I am going to refocus my efforts on there again.
It’s time to do some testing on MySpace again. A website making that much money from people visiting has to be worthy to look into.
Unfortunately both Facebook and MySpace use no-follow tags for external links, meaning the power is in the network you build up (network of people), not the network of links.
But remember you can still build up traffic to your external websites, by building up relationships with others on the site, and then directing them to your external websites.
Take the time to setup an account at both websites if you haven’t done so already, and start building relationships. There is definitely money in there, waiting to be found!
Internet Marketers have long said the power is in the list. I’d go further and say the power is in the relationships. The social relationships you can build with people in your niche using community websites like these.
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