How to get an Income from Social Networking?
It is clearly visible that these days the Web is mostly dominated by online social networks which attract to their audience different kind of people of different ages and from all ranges. Further more we are talking for millions of people world wide which made social networks develop into multimillionaire companies and corporations(i.e, the owner of FaceBook Mark Zuckerberg is considered the youngest self-made billionaire with a net worth of $1.5 Billion) .
Hence the possibility to fish out any income from social networking comes either from the fact that millions of people join and use them everyday(for fun or work) and this number is increasing in a vertiginous way, or the other opportunity could be the new evoluted kind of social networks that pay their members.
Internet & Marketing from social networks
In the preceding paragraph we mentioned that social networks are frequented by millions of people worldwide, hence we could use this fact into an money making possibility. That is, we should turn this into traffic for our websites, blogs, forums and traffic means more money in terms of advertising. In a more proffesional expression this would be called Internet Marketing(also e-Marketing), which is a known method for marketing your products or services using Worl Wide Web(Internet).
But digging deeper in details this process should be done according to some rules or points. Hence, the basic is creating a customized profile on the social network you joined and exposing/sharing it to your friends or friends of friends and so on. In addition, you could write blogs and create groups of discussions where putting anchor text for your web pages(backlinks) raises your website potential. It is important to write quality and interesting topics to attract others attention and achieve some "fame".
Beyond this, your website/blog topic must be within the same niche/interest with the social networking general aim( although social networks are commonly the same-they try to establish a communication through people worldwide using social networking services such as chat, groups, messaging...etc). To instantiate this I would give an example of someone who created a videoblog and wants to get traffic from a social network who aims photo sharing/communication between its members. This means getting non genuine traffic and would not affect efficiently your traffic quality.
Some simple illustrations could be using a Social network like Linkedin which is a network of business professionals when your website/blog is about business solutions or about business products. Or just promoting your creativity and talent on video graphics/music using YouTube by exposing your video to millions of visitors. Each social network has its special features and you could look into a more detailed overview by visiting our Social Network Reference.
Revenue sharing Social Networks
Another more direct way of making money are social networks( also called "Revenue sharing Social networks") which pay their members a percent of their earnings. These kind of social networks are growing faster and should be taken in consideration.