Online Social Networking site is very lucrative for making money

by | Dec 2, 2010 | Make Money | 0 comments

Online social net working is growing to unlimited heights. It is a powerful tool for business. Everyone who wants to promote their online marketing strategy turns to big social giants like twitter and face book.

The potential growth in the online social net working is growing fast and will reach an estimated one Billion Dollars per month by year 2013.

Starting an online social site is very easy and economical, than the amount of profits it will make. Simply look for the guide lines to start a social net work and create a business website of your own.

Use step by step planning. First decide what kind of social site you want to have.

1. Forum sites that creates direct social interaction.
2. A membership website where you exchange knowledge system and support to the members by Interaction with each other.
3. A networking social site.
4. A singles online dating site for adults.
5. A meeting place for seniors.
6. A site for the Social development of the children.
7. An Interactive game site for teens.
8. An Internet marketing social site.

With all other options on your mind search the Internet and discover a hungry market to select for your niche and then start planning.

a. Now look for a social net working software that can be used to develop a program for the social site, you have selected.

b. Then look for social net working templates appealing to your market.

c. Select the best hosting service for this kind of program that you want to start and create a website with great sales copy. Do it yourself or get it done. Has to be very effective Seo site with excellent sales copy.

d. Create a monthly plan of operating expenses and services for your market.

e. Create a budget that is effective for at least six months to one year.

f. Think of the operation and development, to operate it efficiently by yourself or you will need more staff. Figure out an economical way to continue working with efficient help and least money. Use automation so you may handle it yourself.

g. Now you start on a practice basis and see how is everything working from website to the rest of the features. Make necessary changes to perfect the program during this period before launch.

h. With all this work done set a launch date and start your program.

I. Last item that starts from the first step is promoting site, its name and its important features to everyone on line and off line. Let people sign up for it in advance. When you launch your website for operating you should have a few hundred members on your site already. Promotion is the key to your profits. Use Free and paid advertising word of mouth, friends family and social sites.

Do not forget to register your business name and getting a license for it is also a part of starting your business, keep that in mind and fulfill all the requirements of local and federal government.

In case you have problems in between consult a business specialist a one stop social business specialist who know A-Z of your business. These are available on line and off line to help you started with online networking website.

Author Bio:

Article Written by Fran Aslam – Ezine Article Expert, you can follow her on FranTips.com

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