One of the main concerns people have while investing in social media is whether they stand a chance of making money directly from all the efforts they are putting in. Aggressive strategies have to be involved in order to get returns after investing money and other resources.
Monetary profits can be gained by following some steps on the popular networking sites, some of them are listed below:
• Sharing of products through various means like a pop-up share or a general share by the users with their friends is very common on social networking sites. This behavioral pattern of the users can be used for your profit. If something extra is offered to your regular customers every time they share your products through links it will influence a larger group of people making them aware of your market presence. Providing 10% discount for sharing the product on social networking sites on their next purchase or free shipping will definitely pull a lot of attention towards your brand and rope in potential customers; as users are sharing their products amongst their peers.
• Another way to bring in more and more people under your network you can start with distributing something like an online service or a digital copy of some good for free, which might have not cost you or might have cost you little but it’s worth the opportunity of bringing in more customers. And later when people start buying your products you can introduce the above mentioned incentives sharing technique, creating an ever-expanding network for your business.
• Games like Farmville and Warcraft are making impressible success on social networking sites. Human psychology is the reason behind its success. Once when a user starts getting addicted to a certain game moving forward to the next level gets very important, this is where the possibility of business expansion and building in sales comes into action.
Once when a player has invested time and energy in reaching to a certain level in a game continuing is more than important. During that time simple task of sharing your product or purchasing a small product might just be a petty issue for going through the next level. Just keep your games simple and user friendly, even allow multiple gaming as it serves to be an add-on advantage and will do the needful for your business development.