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This is our fifth SocialNetomics blog post identifying the 50 Ways to Monetize your Online Social Network.  Again, some of the 50 ways are obvious and some are not so obvious and we're not going to get into the ethics of one way over another. 

In Part 5 we've saved the "best" for last and we'll focus in on some creative and more elaborate ways some have monetized their social networks. 

So, here is the fifth Top 10 list of ways to monetize your online social network:

41. Helping companies or individuals create a Social Media Optimization (SMO) strategy
42. Establishing your own Social Media Optimization (SMO) strategy to drive traffic to your website
43. Selling memberships to websites offering lists of Open Networkers who you can invite
44. Using Open Networker invitation list websites to market your "Core" products or services
45. Selling your Rolodex or Online Contacts to others for referral fees or sales commissions
46. Creating Interview Podcasts or Social Media Videos to explain complicated topics
47. Creating Internet Television Shows to discuss and explain Social Media trends and topics
48. Selling Advertising or Sponsorships on Podcasts and Internet Television shows
49. Creating Application Protocol Interfaces (API) for Social Media websites
50. Selling Social Media/Networking websites to third parties or the main stream media

Please share your thoughts or questions on these 50 ways to monetize your online social network by leaving a comment here or by sending a private email. 

Click on this link to reserve your FREE copy of our SocialNetomics 50 Ways White Paper with examples and links, when available, to the 50 Ways to Monetize your Online Social Network on May 1st.  But hurry, this FREE Registration Page will be Going Offline at Midnight on May 1st... I'm Only Going To Allow The First 100 Networkers who are tired of struggling and want to make some money get this $99 Report For FREE..."

Dave Westfall is a Small Business Turnaround Expert working as a Business Coach/Internet Marketing Consultant and your CXO Chief Vision Officer to provide solid advice and proven solutions that work and help you get back on track to achieving your Vision.  

For more information or to follow or connect please visit Dave online . 

All the best,

Dave Westfall, MBA
email:  davewestfall@dewpointe.com

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Categories: SocialNetomics