Make Money Online with Myspace

Myspace is one of the most highly visited websites on the planet, so it’s no wonder why internet marketers, from beginner to guru, attempt to make money on this flood of traffic every day. There are hundreds of millions of Myspace users, so even you only converted a small fraction of the total Myspace population into sales, you would make a ton of money.

Having said that, it’s easy to assume that all the internet marketers have already jumped on to try and cash in, so the market is over-saturated. You might also think that you couldn’t possibly tap into the hoards of traffic unless you had a massive friend’s base and/or know the right people. Sadly, part of that is true, but the optimistic side says that there are still plenty of possible ways to make money on Myspace.

The trick is finding out how.

Making money on Myspace may not be as easy as it was in the beginning, but as an internet marketer, you should know that the best way to do something is to take an existing model, and improve it. Re-inventing the wheel successfully takes lots of research, resources, and stuff that most average internet marketers don’t have. Improving on an existing idea only takes a great idea, and action.

Great ideas and action is free. See what I’m saying?

Let’s take a look at a few ways that internet marketers are cashing in on Myspace:

1. Account Farmer – Yes, there is quite the demand from people who want accounts with tons and tons of friends already in it. I’ve personally seen accounts with thousands of friends sell for hundreds, sometimes even thousands of dollars on different webmaster forums. So you can make money doing this. Growing these large Myspace accounts with thousands of friends is no easy task (unless you have a script that will do it for you), but it can be well worth the effort. I wouldn’t consider selling one until it hit around the 5000 friends mark – at the very least. Most of the big ones have tens of thousands of friends.

2. Bulletin Advertisements – Sending out bulletins isn’t quite as popular as it once was, but that doesn’t mean you can’t make a few bucks off of it. One of the main reasons people buy and build accounts with thousands of friends, is so that they can send out mass bulletins, which usually refer the friend to some sort of affiliate or cost per action site. This can be a tricky one, because many bulletins these days are spam, so if you’re serious about doing this, hire a sales copywriter (or learn how to write good sales copy yourself) to write your bulletin and make it extra catchy. If the ad is presented right you could make a few thousand dollars (or more) in no time.

3. Start a Myspace Resource Site – This one never fails to amaze me. There are tons of resource sites out there, but it seems that they are still a very hot commodity to own. These are basically sites that people have stocked with funky images, girly text, layouts, and all of that stuff you see crammed onto people’s pages. There are turnkey Myspace resource sites you can buy and just promote, but the best way is to build a unique one from the ground up. If promoted right, it could make money pretty easily!

There you have it, three great ways to make money with Myspace. Take these ideas and add your own twist to them and you could be cashing in on Myspace in no time!