Profiting from Social Networking

 Social Networking isn't new, but the Internet has taken social networking to a whole new level. Business people have networked literally since the beginning of business.  Networking is an essential skill for most business people, particularly for entrepreneurs.  Sales are frequently developed through the relationships we have created with other people. In traditional business, networking is often done through chamber of commerce organizations, trade shows, conferences, associations dedicated to your type of business, BNI (Business Networking International), etc.  Networking functions provide the opportunity to expand your contact list, particularly when you create and nurture quality relationships.

The Internet allows you to network and connect with others from the convenience of your own home office and reach far more people in less time, fitting in with your schedule.

In an article by StartupNation on MSN Money, “Beating a Bad Economy – from Home”, they stated:

“New this year was the priority placed on social media by home-based businesses and their audiences. For the first time, the sense of isolation at home has given way to immense connectivity through online networking, We've noticed this trend in the blogosphere, which has been lit up with references and links to the StartupNation Home-Based 100, as well as social sites such as Facebook, Twitter, Digg and StumbleUpon, which have driven immense amounts of traffic to contestants' profiles during the competition. This is testimony to the swelling current of conversation that home-based business owners participate in online and the networking and marketing benefits they gain as a result.”

“Social networking sites like Myspace, Friendster, and Facebook have literally exploded in popularity in just a few short years.” - Mike Fitzpatrick

• MySpace sold for $580 million in 2006
• Facebook sold for $4.1 billion in 2007
• Google buys FaceBook for $25 billion 2008

Advertisers will pay a lot of money for repeat visitors who are spending a lot of time on a website and those characteristics can move a website up in ranking quickly. Bottom line is that a site with visitors who repeatedly and consistently return to the website is worth a lot of money.

• Growing popularity
• Repeat visitors who spend time on the sites
• Targeted audiences searching for people to connect with and attracted to what you have to offer
• Social networking sites increase in ranking quickly
• Google rewards sites with visitors who return and stay on a website for long periods of time

• Creates an online presence
• Establishes credibility
• Attracts your niche or target market to you
• Can bring people to you from the comfort of your home office
• Allows you to educate people who wouldn't realize they wanted or needed your services or products
• Gain referrals or can even gain viral referrals
• Helps increase your website ranking
• Income from your referrals – Google ads and more

• Create a compelling profile that promotes YOU
• Post content and be involved within the social community
• Don't “spam”, create comments and information of VALUE
• Be selective in what you post comments on and utilize the content you write in multiple areas
• Get ideas for articles from questions on social sites and forums
• Create your article, respond with a brief answer and link to your full article if allowed on the site, or mention your article without the link if links aren't allowed 

• LinkedIn
• Article sites: HubPages, Squidoo, ArticleEzines, etc.
• Bookmarking sites: Digg, Del.icio.us, StumbleUpon, etc.
• MySpace
• FaceBook
• BetterNetworker
• Twitter
• StartUpNation
• VIPSportsNet

 VIPsportsNet is a new company in the pre-launch phase that offers some unique opportunities for social networking entrepreneurs.

• Audience of very regular visitors – Fantasy sports gamers
• Provides inexpensive online advertising for small business owners targeted to their local area
• Provides unique tools at no cost with upgrades that affiliates can profit from
• Free voip phone service
• Next generation private email with cool self-destruct feature
• Pays affiliates to refer people to subscribe – unlike MySpace, BetterNetworker or other networking sites

 VIPsportsNet's model is simple and is based on the same methodology that Microsoft, Google, Facebook Yahoo, AOL, Skype, Hotmail, Youtube, ESPN Sports, Myspace and many other companies utilize: - Provide websites that give free products to people and as they come by the billions, they see online advertising and purchase the products and services they see.

The difference?

VIPsportsNet shares 50% of the revenue back with the people who get people to come to their sites

• Free Social Networking site - ONMYVIP 
• Free Fantasy Sports Games -VIPSPORTSNET and VIPSPORTSTUBE
• Free next generation totally private email – ONVIPMAIL
• Private Instant Messaging service that ties into MSN, Yahoo, AIM, Etc. - OMVIPIM
• Free unlimited Internet calling worldwide – VIP2VIP

 .......and much more to come.

•  Profiting from Social Networking

 View this training webinar recorded on 12/08/08 in its entirety.The WorksTeam weekly training webinars are provided at no cost on Mondays at 9pm EST.  The recorded archives on our secure website are only available to those working with a Work Team member.