Is Social Networking Good For You and Your Internet Business? - The money is...
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The money is in the list or so the story has gone for many years both online and offline. The real question is how many on the list before you can make money? The new wave in Internet Marketing now stresses not just the number on the list but the quality of the leads. In the social network sites it's also about your relationship with your friends. You'll make quite a bit more money from a targeted list of 500 friends than 10,000 randomly selected people.
If the objective is a tightly selected group of people how can you optimize your time and energies? Instead of developing one large list consider several medium lists with different targeted niches. Since your messages will contain high quality information about their topic of interest you will have a better response rate or conversion rate. You will be a real person and not just a name on a list.
Making and adding friends to your list couldn't be easier. There are actually several ways to get this done initially. MySpace has a search function to find people interested in your niche. You then send them a friend request. Once you find several targeted people search through their friends since they probably have people in their list who have similar interests.
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