Wednesday, November 07, 2007

Making Money Online

As the Internet continues to develop, people are beginning to harness new concepts on how to actually earn money with it. Far from using it as a business home page, now people have started using blogs and "myspace" type sites to rake in the revenue. | invite friends. hang out. get paid.

In fact, MySpace now has nearly 27,000,000 users and is earning about $200 MILLION a year in ad revenues! HUGE NUMBERS. And of that $200,000,000 in ad revenues, they pass $0 on to the people who provide the content and the traffic - most of the users are under 30 years old.
Say what? Yeah, the site is essentially a free place to blog, exchange music, and give you some face time. You can promote yourself, your business, and your ideas, but all the revenue goes to the geniuses who started it - as it should be. But in America, competition creates opportunity. So now, there is Yuwie. Yuwie is trying to create a copycat of MySpace but unlike MySpace, they are giving some of the ad money that it generates back to the users. Now THAT is a great idea. So while Yuwie only has 240,000 users - compared to the 27,000,000 MySpace users - there is a huge income potential for those who get there early and start building traffic. See my Yuwie site. I also just created a new "club" there called the Freedom Lounge.
Anothe distinct difference that I notice between the two sites is that Yuwie has attracted a ton of really hot girls. I think that they believe that the mere fact that they are hot will attract people to their site and thus bring them more money via ad revenue. Well, it got me to check out their sites, but I don't know if that is a good indicator. Regardless, there is a plethora of very hot looking girls. I would say that the ratio on Yuwie is around 4 or 5 girls to every guy. I'm not complaining, just making an observation.