Social Networking As Marketing Tools

You may have heard of some of these social networking sites like MySpace, FaceBook, Linkedin or a myriad other companies out there being used by millions to connect with long lost classmates, relatives or friends and family. Have you ever thought of using them to promote your blog or website?

MySpace has millions of users worldwide that use the site not only for communication to their friends and family but for getting information on all kinds of topics. There are MySpace profiles for TV shows, Musicians, Actors, Celebrities…you name it, there’s likely a MySpace profile out there for it.

Why Use Social Networking Sites?

That being said, why would you want to leverage these social sites to your advantage? Mainly because they hold a lot of clout in the netsphere/blogosphere. MySpace and FaceBook are the 800 lb. gorillas in the room. MySpace ranks highly in search engine results and technorati authority so when you create links from MySpace to your own blog you get more credibility than you would from just about any other source out there. This has to do with how search engines like Google rank links coming and going on sites. Google is going to give more weight to a site like MySpace than it will to your friend’s blog that just started and has a link back to your site.

How Do I Use This To My Advantage?

It’s quite simple really. Create an account at your favorite social networking site which is usually free. Start adding friends. I started with real friends of course and then searched for other people that were interested in the same kinds of things my blog was discussing. I then extended friendship to these people explaining why I wanted to add them as friends.

For one of my sites, I was able to find about 80 people that had similar interests to what my site was about and added them as friends. Some declined but a lot more accepted. Once I had a decent base, I then began using this site (in this case MySpace) as a marketing tool. I would create a blog post on MySpace with a teaser paragraph summing up what the article or topic was about and created a link back to the article on my own site. Hopefully the reader is interested in what you have to say and follows the link to your site. In the best case scenario, they not only like that one article but also see the value in whatever else you have to say and beocme a subscriber.

To be honest I didn’t set up any complicated tracking or anything because MySpace includes a tally of how many views your blog gets on a daily and weekly basis and also displays the total views. The results were promising. Within about 10 minutes of posting the blog on MySpace, i would have maybe a dozen views. Remember the more eyeballs that are looking at your content, the more likely it is they are going to click on ads and use your site on a regular basis.

I can’t say that as a direct result I have made any more money than I would have with other methods but I still think it’s a good way of getting your information to the right people because you have done the targeting yourself.

I’d like to hear your thoughts on this and what success or failure you have experienced as a result.

Popularity: 7% [?]

Make Money Online Trading Forex

There’s another great giveaway at JohnChow.com where you can the book is 7 Winning Strategies for Trading Forex by Grace Cheng.

You can win a copy by commenting on the blog post or by writing about the contest yourself, but what exactly is Forex? Trading currencies seems like a risky idea to most, but as with any investment, it takes patience, practice and foresight. I’ve illustrated some of the ideas behind forex in this post. Enjoy and good luck in the contest.

Forex? What is it, anyway?

The market

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex).

Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That’s all.

How does one profit in Forex?

Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

The nice thing about the FOREX market, is that regular daily fluctuations, say – around 1%, are multiplied by 100! (in general, Easy-Forex offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of “your” pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

Moreover, you cannot lose more than your “margin”! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.

You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit. It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa – buy dollar and sell Euro. You don’t have to physically possess certain currencies in order to perform “buy” or “sell” with them.

How do I start?

Register (Easy-Forex offers the simplest and quickest registration process, no obligation); deposit your first trading “margin” amount (credit cards are welcome, only by Easy-Forex); start trading.

It can’t be simpler or easier than that. Need help? We’ll provide you with 1-on-1 training and service, as much as necessary (Easy-Forex offers real people service, live, in your own language).

How do I trade Forex?

You select the pair of currencies with which you wish to make a Forex deal. You determine the volume (the amount of the deal). You deposit the “margin” (collateral needed to facilitate the deal. Usually – only a very small portion of the whole deal, say: 1% or 1:100).

Before you finally activate the deal, you can still “freeze” it for a few seconds. That enables you to either change the terms, or accept it as is, or altogether regret the whole idea. The “freeze” feature is a unique service by Easy-Forex.

When your Forex deal is running (you hold an “open position”), you can monitor its status and check scenarios online, whenever you wish. You may change some terms in the deal, or close it (and cash the profit, if any, or minimize the loss, if any). Moreover, Easy-Forex lets you determine a “take-profit” rate, with which the deal will close automatically for you, when and if such rate occurs in the market. Meaning: you do not have to stay near your computer when you hold open positions.

Want to know more? Want to get on-line training? Register here (simple, quick, no obligation), we’ll be glad to guide you, every step of the way.

Good luck!

Forex trading involves substantial risk of loss, and may not be suitable for everyone.

Popularity: 6% [?]

More Incredible Contests

Text Link AdsNow that the iPhone has been completely unlocked and you can choose the network you want to subscribe to, why not try and win one for free and save yourself that $500 for spending on some ad space on my blog.

More iPhone contests have popped up in the blogosphere than you can shake a stick at.

In the Suck Up To Win An iPhone contest, at AskReaMaor.com you can win one of these $500 gems. All you have to do is follow the rules which are pretty simple. They include some easy linkbait as well as posting a comment on the blog itself. What could be easier than blogging about a contest on another blog? I always love a good list and this is one that was fun to read because 3 of the worst hacker movies ever made are in the list and I had to laugh.

Buzz Patrol is also giving away an iPhone. If you are into getting entertainment news then you should check this site out. I’m always on the lookout for celebrity scoops and Buzz Patrol takes the cake.

Last but not least, Gary is still giving away an iPod at his site which I talked about in this post but I feel I should mention again.

With so many ways to win an iPhone, shouldn’t you be entering all of them? If you do end up winning as a result of reading and subsequently entering the contests from this site, give us a shout eh?

Popularity: 10% [?]

Win A $5 Starbucks Gift Card

One of the things I like to do is enter contests. It’s easy, it’s fun and you just might win. Just ask Tony over at BetaChaser.com he won my last contest.

Today I am once again giving away a $5 Gift Card for Starbucks. I’m sure there are plenty of bloggers out there that need their caffeine and what better way to get it than for free!

To enter the contest, simply post a comment on this post or blog about this contest on your own site and get an extra entry.

The contest will end September 1st at which point I will announce the winner. Good Luck!

Popularity: 6% [?]

Amazon Gift Certificate Winner

Today is the end of the Amazon.com $20 Gift Certificate contest and we have a winner. Tony from BetaChaser.com is the lucky winner. Beta Chaser is an investment blog that Tony has started out of a desire to inform and educate people but also to track his trading and investment strategies. Good luck with your new blog Tony!

Out of a total of 1 entries…he wins. Imagine that!

Tony was the only entrant in this contest which I find a little disappointing because I know this blog gets traffic and has RSS subscribers but I guess the prize just isn’t enough for some people.

At any rate, congratulations Tony and I hope you enjoy the gift. Might I suggest you spend it here. At The Proficient Investor Store, you can find all kinds of books about investing and stock markets as well as books on saving and retirement planning.

Popularity: 5% [?]

Is Technorati Doomed To Fail?

According to an article today at ValleyWag, the popular search site’s CEO is stepping down immediately. Technorati has been falling behind search giant Google for some time and their business model isn’t working. As they hemorrhage cash, current CFO Teresa Malo, Marketing VP Derek Gordon and VP of Engineering Dorion Carroll will take the reins as a committee until a new CEO can be found.

What does this all mean for the blogging community? Potentially a lot. Several affiliate programs and ad servers have depended on the “Authority” of Technorati’s claims to determine how popular a site is. Alexa is also used to determine the worth of a blog. Should Technorati fail, we are likely to see a paradigm shift in how blogs are valued.

Google’s PageRank is one of the most widely used tools that ranks a page’s popularity based on link density and the quality of those links pointing to a given site.

Though no one tool can be the definitive tool that evaluate’s a site’s worth, the three of them together have been used for long enough that should one disappear the current formulas won’t be valid. Sponsored reviews uses both Technorati authority and Alexa rankings to determine how much a review is worth on a given blog. Take one of those away and you severely limit a site’s potential. This is because not every web surfer out there uses the same tools as their neighbor. Some use browser add-ons like the Google toolbar or the Alexa toolbar. Some people only use sites like Bloglines or Technorati.

You can see how this is a major problem if Technorati closes their doors. Some bloggers depend on these sites to not only drive traffic but also because of the systems of advertising that depend on sites like Technorati. Time will tell if they can climb out of the business funk they are in and quell the cash problems.

Popularity: 6% [?]

3 Days Left To Win

You only have 3 days left to win a $20 Amazon.com gift certificate, courtesy of The Million Dollar Portfolio.

Entering couldn’t be simpler. Previously I made a post about this contest and this post is just a reminder. All you need to do is comment on this post or the original post and you are automatically entered to win. If you blog about the contest and then contact me telling me where you blogged about it, you get another entry.

The blog post must be a post only about the contest and not included in some other post, as I will be confirming blog entries.

Enter today!

Popularity: 5% [?]

Google 250×250 Ad Spot For Sale

When you find someone that is doing something that is successful, one of the best ways to improve your own situation is to copy that successful idea.

John Chow just sold his Google 300×250 ad space for $1,000 until the end of September. The buyer then turned around and sold that same space for $1500.00 creating what John calls the first “ad flip”. It’s a novel idea and one that is sure to be copied in many places including here.

That’s right. I am doing something similar. For $1000.00 you can own the Google 250×250 ad space you see in the right of these posts. Why do this? Well, as John so well explains the summer is a slow season for ad sales in general and to boost revenue for this blog I am going to experiment using the same idea.

To buy the ad space, simply email your 250×250 image or if you don’t know how to create images you can send me the text you would like on your ad as well as the link and I can create the image for you. Email this information to flagusco@sbcglobal.net and Paypal $1000.00 to the same address. You will own this spot Until September 15th at which time the price and length of advertisement can be renegotiated.

There are other ways of advertising on this site as well and one of the best ways is to buy a Text-Link-Ad. Your TLA ad will live on the right in the sidebar and visible sitewide. By clicking the Text-Link-Ad link you can get $100.00 in free links.

Popularity: 3% [?]

I'm happy to use Increase Sociability.