Users of social networks are raking it in these days in terms of money-making endeavors. How to make money with Twitter is relatively late in coming, but the popularity of Twitter around the world today had made the social network a hot fad, second only to that famous one.

Basically, it is the community that powers any advertising-supported site, publication or TV show. This community (readers, viewers, and listeners) will use the site if it has great service.

There are several ways (and some sites, too) where you can begin to monetize (trying to make money) your Twitter account. Here is a short list.

Direct advertising

If you already have such a large following in your Twitter account, you can probably work on its monetization. Shop around for advertisers who will use your account in disseminating information about their product or services.

Another surefire way is direct recommendation. All you have to do is to recommend a product or a service for your advertisers. You can also work out an arrangement of promoting new products.

Affiliate marketing & links / sales

Affiliate marketing these days can be blended within Twitter. As for the affiliate links, you can always embed your link in your tweets using TinyUrl.com if you are pushing for a particular product or service.

If you have your own product or services to promote, you can tweet your sales or landing page for your followers. This is better than taking them to another site using your affiliate link.

Reviews

This is really the same as direct advertising where you suggests certain products or services you do not have the faintest idea of, only this time you are going to do a “paid review”.

Your review could center on particular products, services, or even people. (You can do some review of some artists who needs to sell his works.)

EasyTweets

The site earns by having you download their EasyTweets application, a rather powerful application whose capabilities are outstanding. The site allows you to manage multiple accounts quite easily

EasyTweets will do auto-follows for you. It works like if you like movies, you follow anyone who talks about it n the hope that they would follow you too. That would create for you one follower. With EasyTweets doing the auto-follow for you, anybody mentioning movies in their tweets will have your account auto-following them.

Pay per Twitter message

First, there would be a hypothetical username by the name of say, TokyoUsedTrucks, and every person in Tokyo could be a friend and would immediately be notified if there is a sale of used trucks in Tokyo. They might get these from Buy and Sell or Craigslist.

Used trucks dealers would like sending this message out once they have a new inventory of these used trucks. Messages would include URLs of sites, addresses, etc. The poster will be the one who will be charged for this.

In the end, though, it is not wise to completely monetize your Twitter account. The danger is that your followers will drop off because you turn your account commercial. Making money on your Twitter takes prudence and some savvy.

As had been hinted at before and is now out in the open, bookmarking as an online marketing tool is now being dubbed as the next big thing, since the time of personal blogs. Social bookmarking web sites like Del.icio.us, Digg and Stumble Upon are all growing in membership.

Submitted book marks from these major sites are arranged by way of their content tags. These are simply arbitrary phrases (or words) that users name the content they want to bookmark. This way, the users are actually the ones classifying, ranking, and organizing web site content using tags.

Digg

This is the most popular social bookmarking web site. Although relatively new, Digg has attracted millions of members who add bookmarks to all sorts of web site content everyday.

Compared with search engines and other bots, social bookmarking web sites have a built-in advantage. Users decide what content they will bookmark. Other social groups rely on the program itself to categorize and qualify content.

Users of bookmarking websites will read the bookmarks of the other posters and then add them to their own, if they like them. There is even an RSS feed to see what others are tagging. This is one cool feature, an example of the powerful viral marketing technique.

SEO optimizer

Another use of social bookmarking is being a tool to promote your own web sites. For new sites, the wait before Google, Yahoo! and MSN can find your site by natural means could take a considerable time

You could also join a link exchange network and exchange links with other websites and have the search engines discover your site. Of course, that would rely on the abilities of the linking sites to have the search engines find your site naturally.

Another alternative is adding a couple of bookmarks on three of the most popular bookmarking sites on the web. This is because large bookmarking web sites are indexed many times over every day, the search bots’ efforts in looking for new content.

Original content

Bookmarking thrives on good quality original content. This is the content that is going to be searched for and the solution for the searcher’s problems.

In points of practicality, who would search for a bookmarking content that no one wants? There is today a big problem on spamming. Social bookmarking does not have that problem for the simple reason that things are controlled by the users.

If, for instance, what you plan to bookmark is simply spam, the users of the bookmarking web site will simply ignore it and move on. This content will wither a natural death and would be eventually dropped out of the social bookmarking web site index.

Quality back links

If you do your social bookmarking properly and fill it up with good quality content, you can expect to gain dozens of quality back links from the other bookmarkers who will bookmark your content.

As a phenomenon, social bookmarking is ever growing in popularity these days. Get the best one that fits your site and bookmark with them. Success, of course, depends on the quality of your bookmarked contents.

Social Networking in Plain English Video
Do you know the meaning of Social Networking? Here is video that provides short and clear explanation of social networking websites and why they are popular. Very easy to understand and enjoyable.