Launched in March 2010, Pinterest is a relatively newcomer in the social media arena. This platform consists of digital bulletin boards where businesses can pin their content.  Pinterest announced September 2015 that it had acquired 100 million users. Small businesses whose target audience is mostly made up of women should definitely invest in Pinterest as more than half of its visitors are women.

There are a number of ways to make money on social media: You can promote your own products or services, you can become an affiliate of other companies or you can set up a YouTube channel that comes with paid advertising. All of these strategies have the potential to become lucrative, but only if you are able to build a substantial following. You won't be able to raise any significant funds from your personal Twitter or YouTube account if you only have 10 followers. So how do you build a large social media following? According to Yahoo, to ensure social media money-making success, do the following:
Copyblogger published an interesting article several years ago, making the argument that blogs are indeed social media, despite the fact that people tend to put them in a category all on their own these days. In fact, blogs are one of the oldest forms of social media that dominated the web long before we were friending and following everyone on social networks.
Getty Images Spotted: Hilarious actress and social media maven Blake Lively expertly referencing her CW roots on Instagram. — Kayleigh Roberts, Marie Claire, "Blake Lively Just Pulled a Total 'Gossip Girl' in Her Latest Instagram Post," 9 Dec. 2018 From Christmas cards and cookie decorating to matching pajamas and tree trimming, there are so many moments to share on social media. — Kelly O'sullivan, Country Living, "70+ Christmas Captions for Every Holiday Picture You Post on Instagram," 7 Dec. 2018 Red-carpet dressing is just one aspect of how Carolina Herrera now communicates with potential customers—social media presence is also growing as e-commerce becomes more important. — Chloe Malle, WSJ, "How Designer Wes Gordon is Reimagining Carolina Herrera for the Next Generation," 6 Dec. 2018 The complaint provided a clear picture that there is still a hidden but powerful Russian social media effort aimed at spreading distrust for American political candidates and causing divisions on social issues such as immigration and gun control. — Michael Balsamo, The Seattle Times, "House GOP campaign arm targeted by ‘unknown entity’ in 2018," 4 Dec. 2018 Stay informed Follow anti-hunger advocacy organizations, such as @APATTusa and @mazonusa, on social media. — Sandy M. Fernandez, Woman's Day, "How Three Women Are Pioneering to End Hunger in the U.S.," 14 Nov. 2018 The brand is spreading the artist's mantra with an #ArtIsForEverbody social media campaign. — Lauren Alexis Fisher, Harper's BAZAAR, "Alice + Olivia Turned Keith Haring’s Iconic ‘80s Art Into a Wearable Collection," 7 Nov. 2018 Police departments are already scanning crowds and protests to find and arrest people with outstanding warrants by cross referencing footage with social media profiles. — Diana Budds, Curbed, "Facial recognition is becoming one of the 21st century’s biggest public space issues," 19 Oct. 2018 Since breaking onto the pop culture scene in 2013, model Emily Ratajkowski has made a name for herself as a proud feminist, social media superstar, and actor, racking up film credits in films like Gone Girl and I Feel Pretty. — Hannah Morrill, Allure, "Emily Ratajkowski's Best Beauty Looks of All Time," 11 Oct. 2018
There are several negative effects to social media which receive criticism, for example regarding privacy issues,[137] information overload[138] and Internet fraud. Social media can also have negative social effects on users. Angry or emotional conversations can lead to real-world interactions outside of the Internet, which can get users into dangerous situations. Some users have experienced threats of violence online and have feared these threats manifesting themselves offline. Studies also show that social media have negative effects on peoples' self-esteem and self-worth. The authors of "Who Compares and Despairs? The Effect of Social Comparison Orientation on Social Media Use and its Outcomes"[139] found that people with a higher social comparison orientation appear to use social media more heavily than people with low social comparison orientation. This finding was consistent with other studies that found people with high social comparison orientation make more social comparisons once on social media. People compare their own lives to the lives of their friends through their friends' posts. People are motivated to portray themselves in a way that is appropriate to the situation and serves their best interest. Often the things posted online are the positive aspects of people's lives, making other people question why their own lives are not as exciting or fulfilling. This can lead to depression and other self-esteem issues as well as decrease their satisfaction of life as they feel if their life is not exciting enough to put online it is not as good as their friends or family.[140]

Founded on December 14, 2002, and launched 0n May 5, 2003, LinkedIn is hands-down the most popular social media site for professional networking. The website is available in 24 languages and has over 400 million registered users. LinkedIn is great for people looking to connect with people in similar industries, networking with local professionals and displaying business related information and statistics.

Ether is an interesting way to make money on Facebook. This website will allow you to add an app to Facebook and you can then give advice to people over the phone. If you’re good at giving advice, you can make some money. While this probably isn’t everyone’s cup of tea, if you’re into music, check out MusicBlaster. You can create a music store right on Facebook and then sell music from BlastMyMusic. For every song sold, you make 5%.
Some of the teens I spoke to were concerned about how technologies such as Snap Map – a Snapchat feature that tracks your friends geographically, in real time – were spreading through their schools, and mistrustful of the privacy consequences of being surveilled by your followers wherever you go. “Snap Map is this big thing with a lot of my friends, but there is a sense of privacy that is being breached as well,” Isabelle says.

Keep in mind that neither your customers' experience nor your brand starts with Twitter, Facebook, or your blog. Social media should take your existing brand and solidify it, galvanize it, and bolster it. Your efforts in social media should be an extension of everything else you do in all departments of your company. Capturing your company's voice and sharing it with the world through social media will open up unique opportunities in all other channels of inbound marketing, including SEO, branding, public relations, sales, and more.
The other big mistake retailers make is to use social media to talk about what is important to them rather than talking about what is important to the customer. As a retailer, you may think it is great to shout that you have a sale going on; and in some regards, this would be true. But, if that's the only reason you are getting involved in social media it won't be beneficial. Your goal should be to provide content that is relevant to your customer and engage with them to the point that they want to share your post with others.

Viraliti is a “paid to pin” site. You can create an account and look for things you can pin to your various boards on Pinterest. If anyone clicks through to the advertiser's website from any of your pins, you'll earn a certain amount per click. I have been signed up with Viraliti for several months now but haven't used it enough to get a payment. Currently they pay with Paypal and you need $30 to get paid. Payments are processed in the 1st and 16th of every month. It looks like they are currently in private beta, but you can request to be invited.

Many home party plans now offer consultants the opportunity to earn a living without ever holding an in-home show. Social media tools and virtual party technology like scheduling apps and graphics creation are widely available (as are the tutorials for figuring out how to use them). And almost every company today offers their reps a replicated website for selling and sharing online.
Most social media accounts post random thoughts and information that doesn’t target any specific demographic. If you intend to earn money through social media, however, it is important to focus on a single subject which you are good at or to pick a specific area to concentrate on. You should then tailor all your posts to fit into the niche you have settled on.
Eric Ehrmann contends that social media in the form of public diplomacy create a patina of inclusiveness that covers[122] traditional economic interests that are structured to ensure that wealth is pumped up to the top of the economic pyramid, perpetuating the digital divide and post Marxian class conflict. He also voices concern over the trend that finds social utilities operating in a quasi-libertarian global environment of oligopoly that requires users in economically challenged nations to spend high percentages of annual income to pay for devices and services to participate in the social media lifestyle. Neil Postman also contends that social media will increase an information disparity between "winners" – who are able to use the social media actively – and "losers" – who are not familiar with modern technologies or who do not have access to them. People with high social media skills may have better access to information about job opportunities, potential new friends, and social activities in their area, which may enable them to improve their standard of living and their quality of life.
YouTube is the world’s largest video-sharing social networking site that enables users to upload and share videos, view them, comment on them and like them. This social network is accessible across the globe and even enables users to create a YouTube channel where they can upload all their personally recorded videos to showcase to their friends and followers.
Users typically access social media services via web-based technologies on desktops and laptops, or download services that offer social media functionality to their mobile devices (e.g., smartphones and tablets). As users engage with these electronic services, they create highly interactive platforms through which individuals, communities, and organizations can share, co-create, discuss, and modify user-generated content or pre-made content posted online.
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