How to make money on Facebook and Twitter

It is no surprise that the social networks online are the highlight of many peoples days. It has become a need more than a hobby. Millions have spent hours tweaking and changing their pages to match their personality, update their friends and families and attract new friends and followers. With all that time spent, wouldn’t it be nice to get a little something back? The latest in social media is how to monetize or profit, from your network of followers on Twitter and Facebook.

How To Monetize your Twitter account:
Twitter has quickly become an addiction to most social media divas. With people vying for followers and attempting to gain as many as possible, it gives the ability to turn those followers into cash. Here are a few ways you can profit from the twitter community:

-MyLikes:
With most social media sites, there is a like button that can yield profit. Signing up on mylikes.com can make you money by recommending sponsored likes on your network. You get paid per click from your followers. These likes can pay anywhere from $0.10 per click upwards to $1.00 per click. By signing up on the site, you can choose which sponsors you want to advertise.

-Sponsored Tweets:
Twitter tweeters can utilize their tweets to create a little extra income. At sponsoredtweets.com you can set your pay rate and choose which advertisers you want to promote for your tweets. You earn income either by each tweet or click. This is quickly becoming the preferred way of monetizing your twitter.

-Twittad:
If you are new to twitter and don’t have a lot of followers, this may be the easiest way to make some extra cash. With Twittad you sell your background space for a weekly rate. Advertisers will post their ads on your page background and through Paypal you will earn cash for renting this space.

How to Monetize your Facebook account:

As with Twitter, the previous programs can also be utilized on Facebook. However there are other ways available to Facebook that are not yet available for Twitter. Here are a few easy ways to make money from your already booming network list.

-Adsense:
Create ads to make money using Google AdSense. It is an easy way to generate revenue per click from your Facebook page. Your viewers will be able to see ads that you target. Many will be interested enough to click on your ad to learn more. Whenever someone clicks on your ad, you make money. I recommend you to check with Google Adsense TOS before you enable this.

-Download Payout:

You can link files on your Facebook page to a company like ShareCash. ShareCash allows you to upload files to their site. You profit whenever viewers click and download your files.

-Profit and Blog:

You can make money on Facebook when you link with websites like Social Spark. Social Spark monetizes your blog. If your invited friends follow your blog, you will generate profit.

-Get Cash for Posting Videos:

Monetize your videos that are posted to your Facebook page when viewers click to view. This works with Google AdSense and Youtube. You can maximize your profit by including descriptions in detail so our videos will pop up as Facebook searches and will attract others besides your fans.

These are just a few ways you can make a profit on your social networks. As the Twitter craze increases, more advertising and marketing companies will find a way to pay for your addiction. Though you may not get rich by monetizing your pages and tweets, you may be able to make a cool $100 – $400 each month. This income will grow as you work to build your network and traffic to your Twitter and Facebook page.

Image Credit: Craftsquatch

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21 comments

Paul September 30, 2011 - 7:25 am
Very interesting article, especially the information about Twitter did nt know you can make money with so many options. Great stuff!
Raj September 30, 2011 - 7:27 am
Many methods suggested here were new to me - Thanks for the list. I guess monetization is slightly more difficult with FB, as family and friends are in that account. But if one has a separate page for their online business, its better. Anyways, its good to see that monetization is spreading to many social media platforms. It would be useful to many.
Bruker September 30, 2011 - 8:29 am
usefull post Roger, I have a question ,Will it cost for using Twittad?
James September 30, 2011 - 9:58 am
Very interesting! But it seems that Twitterad is not working. I get the message "This domain name has just been registered." But anyway I found many useful ways to make money with facebook and twitter. mylikes is for me. Thanks a lot!
ZK September 30, 2011 - 10:04 am
Thanks for pointing it out the link was incorrect, its fine now :)
Gagan Arora September 30, 2011 - 12:51 pm
mostly people use fb and twitter for social networking, but we can also make money nice share
Genie September 30, 2011 - 11:01 pm
I have seen lots of similar tempting offers in the net. But yours is somewhat convincing. I think I would like to avail these ones. It is really a good way to gain income with small and easy steps. Like the My Likes. You get paid everytime when someone is clicking it. AMAZING!
kelli October 1, 2011 - 2:04 am
i love that pillow!
Joann Hudson October 1, 2011 - 2:16 pm
Kelli, having another pillow with letter "t" beside that one would be a perfect match. ;) I'm also a big fan of twitter's MyLikes it really is an amazing feature. I'm wondering if facebook has a similar treat also. ;)
Tulisan Menarik October 1, 2011 - 3:02 pm
i agree, i think facebook is good site for make money online
Magento Design October 2, 2011 - 3:55 am
very effective article on monetization. And you know what I really liked the picture you have attached with the post.
Delilah October 2, 2011 - 9:09 pm
Wow! Thank you for this invaluable post. I have always bee wondering how I could make money out of facebook. Time spent socializing should bring in profit plus those likes and video sharing that are making others famous should give back something right? I will be checking on all those links you just gave. Goodluck to me!! and thanks again!
Nicole Scott@Press Release Template October 3, 2011 - 8:17 am
Great post! . Build a massive list of targeted buyers was a difficult task for me but I think Now I can do it in no time. Invest your time learning how to make money with Facebook and it will be a time well spent. I should know. if you have other ideas just post
Jasmine October 5, 2011 - 10:34 pm
Wow, these are great... how come I cannot think of these method to monetize my Twitter and Facebook? Thank you so much, Roger! Now, I can make some cash from these methods. Awesomeness!
Janice Stevenson October 6, 2011 - 12:07 am
Are there any concerns about using any of the paid to Tweet services in terms of getting your account on Twitter closed or banned? I am just wondering since for many people the risk wouldn't be worth the few dollars that you could make sending out a sponsored tweet...
ZK October 6, 2011 - 1:04 pm
Your Twitter account will not be banned or closed for sending sponsored tweets. You are allowed to send sponsored tweets :)
Monica October 6, 2011 - 11:47 am
I have so much to learn about the use of social media, because I am a newcomer and haven't been marketing for long. I have felt intimidated by the whole process of utilizing Twitter, Facebook, etc. but you explained it in great detail and I will be implementing your suggestions.
Eleazar October 9, 2011 - 8:20 pm
Facebook really offers money making opportunities for the entrepreneur-minded people. I saw some Facebook users selling RTW products, jewelries, beauty products aside from promoting affiliate products like seminars, softwares, memberships and the likes.
PrIyAnGsHu @ Internet Marketing Blog October 10, 2011 - 1:09 am
Nice post dude but I didn't understand how can I make money with adsense using my FB account ? Please make it clear !
search engine optimisation October 30, 2011 - 1:59 am
I know that adsense and blogging does great help. But is it true about the features of twitter? I'm reading with article and it simply convince to try some. Do anyone here give me a bit advice on where to start?
Jonas November 29, 2011 - 8:27 pm
Thanks for your Post! Twitter is growing more and more and there are really many ways to make money with it. I personally use this Tool to get paid for clicks, or making cheap Advertising on other Twitteraccounts: http://ow.ly/7JfeS I hope for more interesting posts!
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