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Using Your Twitter and Facebook Accounts to Earn Extra Money

Written By photo 7 background picture on Monday, August 22, 2011 | 6:14 AM

Social networking is one of the most popular forms of online activity around. In particular, Facebook and Twitter are really popular and hundreds of millions of people have registered accounts. This makes them a great place to make some extra money, as all you need is an account and something that you can promote for cash. Here are a few options you could consider.
Promote Ads
Promoting adverts on behalf of other people can help you make money through your Twitter or Facebook account. For example, if you sign up with a site such as My Likes, you will be able to request to promote adverts you like the look of. Once you have been approved, you can do this by posting them to your Facebook wall or tweeting about them on Twitter. Whenever one of your friends or followers clicks the link, you get paid for it. It’s important you resist the temptation to click the links yourself, though, as you only get money for ‘valid’ clicks.
Promote your Blog
Facebook and Twitter are also good ways of promoting your other online money making activities. For instance, a lot of people have a blog that provides them with an income. This is commonly done through adverts displayed on your blog or through paid reviews that you write on behalf of other companies. If you are going to make as much money out of it as possible, then you need to maximise your blog traffic. Your Facebook and Twitter accounts can help you do this as they provide a good promotional tool. You can link your blog to your social networking accounts so more people will see it and – hopefully – give you more income generating traffic as a result.
Promote other Companies
If you have lots of Facebook friends or Twitter followers, then you can also promote other companies through your accounts. Just as a lot of companies pay bloggers to write them paid reviews of products or services, you could do something similar with your social networking accounts. This could be as simple as a link that goes back to their website or a brief endorsement to help them get their message out to more people – either way, it could mean more money for you without having to do too much work, so it’s an option that is definitely worth exploring.
Overall, it is unlikely that you will make a huge amount of money through your Facebook or Twitter accounts (unless you have massive numbers of followers), but they do offer a good way of earning some extra cash if you are willing to put the effort in. Their main benefit is that they are free to sign up to and use, as well as being really good when it comes to promotion as it allows you to distribute content to a wide audience. So, if you are good at marketing things through your networking accounts, this could be a great opportunity for you and it’s definitely an avenue to consider.