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Making Money With Social Networks

March 27th, 2008

Written by Mr Javo

As you know, Social Networks are a powerful tool to expand your brand. Besides to make friends and share the content you like, social networks are being used to promote many Internet businesses. This month, someone of my network has been attracting my attention due to his dedication.

 

Don’t forget this face, he could be the next millionaire entrepreneur.

 

Patrick Hankinson

 

 

 

His name is Patrick Hankinson. With only 20 years old, he is making thousand dollars with his website, with the help of social networks.

 

The Social Millionaire

In these times, many Internet entrepreneurs present old and overloaded ideas, but not this one. At The Social Millionaire, Patrick presents a new business idea, combining the keywords with the social networks. His website connects consumers from all the major social networks to advertisers who want to reach this audience by keywords. Basically, he drive all the traffic he gets through the social networks, to the advertiser’s websites.

 

The Keywords

keywords

The keyword’s price starts on $5, but you can buy them for any higher price. The more you pay, the more visibility you’ll have in his website. Also, the advertiser who pays the highest price for a certain keyword, will appear the highest. If two advertisers bid under the same keyword for the same price, the advertiser who bought first will appear higher. There are several keywords there, and all them of advertisers who wants to promote their services through keywords, including me. As you can see, the system is very simple.

 

The Power Of Social Networks

 

Patrick uses the major social networks to promote his service. Myspace, Facebook and Twitter, are some of the networks where you can find him. Is very interesting how he has promoted his service, let’s take a look in the Alexa statistics:

With thousand daily visits in the first month, The Social Millionaire has a rank of 177k over million sites. In the chart, you can see all these peaks product of the social networks and all the reviews purchased by him.

 

Personally, I think that Patrick really knows what he is doing. Checking a review made on March 8th, I could noticed the number of friends and sales has increased considerably. In just 19 days, he increased his statistics from 122 friends and $106.5 on sales, to 354 friends and $2522.36 on sales! And I’m sure that this guy will continue increasing his traffic, friends, rank and sales in the next months.

 

As well as promote your brand, buying keywords in this site you will get a backlink. With the elimination of the Nofollow attribute, you will get a backlink, helping you to improve your rank in the major search engines like Google and Yahoo.

 

Are you still reading this? You should be buying keywords at The Social Millionaire! :twisted:

 


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7 Responses to “Making Money With Social Networks”

Comment by Mattaw - Moneybites | 28 Mar 2008 at 01:35

Will this last though. A first surge is always good but can he keep it up and strike it rich? I wish him all the best.

Mattaw – Moneybites’s last blog post..Entrecard Will Experience Slower Growth and Possibly a ?Crash?

 
Comment by Joliber Mapiles | 28 Mar 2008 at 10:28

Actually the idea is the same as the milliondollarpage, but this time keywords and not pixels are being sold.. Nice idea from patrick..

Joliber Mapiles’s last blog post..Leading Your Blog To Success

 
Comment by Simple Mindz | 29 Mar 2008 at 03:13

This is cool. I will take a look at it tomorrow, when I have more time..and coffee. :grin:

Simple Mindz’s last blog post..My Newest Affiliate – BuyBlogReviews.

 
Comment by Simon | 29 Mar 2008 at 11:55

I think it will go the way of linkexperiment.com (seems the most similar concept).

The guy who ran that one managed to squeeze $15k out of it, but he didn’t spend much on paid review advertising.

 
Comment by Dennis Edell Subscribed to comments via email | 2 Apr 2008 at 02:21

Definitely a cool twist. He’s certainly getting his name out there, as everyone is writing about him…both paid and unpaid.

Dennis Edell’s last blog post..Step Above & Beyond The Dreaded Plateau

 
Comment by alexa toolbar & widgets | 11 Apr 2008 at 07:52

If you depend on link or site selling as a form of monetization you will definitely want to increase your http://www.alexa.com/data/details/main?url=www.fortunehotels.in Alexa rank, because it will increase your bargaining power when it comes to ad pricing.

 
Comment by Social Bookmarks | 29 Oct 2008 at 17:38

I don\’t normally leave comments… but I really enjoyed your post! I will be leaving a link back here in my blogroll! Thanks!

 
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