Ning: Making Money from Social Networking

Ning You know that some of the most popular sites on the web – MySpace, Facebook, YouTube, Flickr – are all built on the concept of social networking. So, if you want a slice of the social networking pie, you might consider using Ning as a tool.

Building a social networking business is especially useful if:
1. You have a passion for building web communities.
2. You support an interest/hobby that may interest several people who wish to get together.
3. You have a few monetisation ideas in place.

So, if you don’t have to money to hire a developer, designer, etc. that you will need in order to build a social networking site, you can use Ning as a “straight out of the box” solution. All you need to do is sign up (it’s free), create your own network, start inviting people to become a member, load your site with some content, and find ways to monetise your network.

Some of Ning’s features include:
1. Integration with Flickr (a photo sharing site) – and a few other websites/services.
2. Ability to upload photos, videos, music
3. It has a forum function and RSS.
4. Members can create their own profiles and network with each other.
5. Use domain mapping/Use your own domain name (extra fee)
6. Customised templates
7. Premium features (with fees applicable)
8. Widgets/badges

Top 5 Ways to Make Money Online with Ning*
1. Run your own ads (Adsense, etc). However, in order to do this, you need to pay a premium service of $19.95/month
2. Charge membership fees. If you have a highly specialised topic in mind, and you have several useful content and services that you can offer via your social networking site, then you might be able to charge membership fees.
3. Affiliate links. If you have products that you wish to promote to your highly targeted network, then adding content with affiliate links might be useful.
4. Selling your own products/services. Again, like affiliate linking, selling your own products/services might be acceptable to your members if you have something good to offer.
5. Selling direct advertising. If you have the all-clear to sell direct advertising, then this can be another source of income for your social network.

*Please note that some of these suggestions may not be according to terms and conditions, depending on your level of service/partnership with Ning. You are advised to check beforehand.

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Comments

  1. That’s interesting that you singled out Ning with the vast number of white-label social networking applications out there. You can do the same with in2community (and they even tie that in with an online classified solution as well).

  2. Maria: Thanks for your feedback. I do feature specific places to make money from, just to focus on a particular option (see single posts on Paypal, Xoom, etc).

    And, I featured Ning in particular because I’ve given it a try. I usually end up writing longer pieces on places that I’ve actually tried. :-)

    Maybe I’ll give in2community a go one day and write about it too. Again, thanks!

  3. Paying $20 for Adsense in Ning may be a lose-lose scenario if you don’t have a large community. Building your own website remains the best method in making money online.

  4. I have just ut up my won social network on ning and…I must say that in less than a week I have already 150 members…not bad!!

    http://hardcandyspace.ning.com/
    :)

  5. That’s true. How to generate a big community with ning and make a good money on it. good tools but how can i make it???

  6. I just started a Ning site for anyone involved in the Music Industry.

    We plan on fully customizing the features and design. Join now in Alpha……….. http://musicindustry1.ning.com/

  7. Do Ning members have to blog on the Ning blog? I am envisioning a network of people who already have their own blogs on a particular topic that I would like to draw together.

  8. Creating your own social site and hosting it will run $thousands…I’d say, a site like Ning is a terrific idea, and $20 bucks a month is pocket change.

  9. Hey everyone, come to Kingsofcollege.ning.com to meet to friends going to the same college as you, contact current friends, or get in touch with old. Just started it so after signing up ad your school as a group! Have fun.

  10. hello

  11. What would be the best way to get members once you have it up and running?

  12. I love these comments & graphics that you can Copy/Paste the code to any Ning site on Add a Comment to any Ning members page or on a Blog.

    36,000 + Comments at RecoveryGraphics.com<a href=Inspirational Comments

  13. Ning seems to be very dependent on Adsense revenue. It should find more ways how the site becomes cash-generating.

  14. I came here in my research and just had to say I like what I found. Thanks.

  15. Exactly what I needed for my paper. Thank you very much. I will post a link back to you when I have it done (maybe before Christmas).

  16. Personally i have a Yuwie account but have not tried Yuwie out yet. At first impression it sounds like a good deal. Socialise and get paid. why not? Initially i thought Yuwie was just too good to be true but YuwieScam seemed to clear my doubts. Yuwie does pay their members!

    The key to success in Yuwie is to build a huge and active downline 10 levels deep. I may be trying out Yuwie and keep a record on the difficulties experienced along the way. Who is with me?

  17. Great article. Ning is a good choice for a small social network aimed at friends and family, however to truly have income potential you need to go with a company that use custom social networking software to set up your own network for you

  18. It is possible to get some active members and this will result in high rankings in the search engines.

  19. Ning can be used for large communities also. Its possible to earn six figure incomes from ad revenue using Ning.

  20. Hello, i want to be a register ning: making money online from social networking

  21. I have subscribed to a number of social networking sites and maintaining these sites used to be just a favorite pastime activity for me. But after I learned that you can make money from social networking sites, I tried it and it turned into a full time job. Imagine earning easy cash out of doing something that you enjoy. I am on the quest for new networking sites I could join and expand my networking community. This post gives me an idea. Thanks!

  22. Great post! This is what I’ve been telling friends about–one can actually make money from social networking sites. They are a growing community, one with millions of new registered users every month, there are tons of money-making opportunities there. Build a massive list of targeted buyers and you can be making easy cash in no time. Invest your time learning how to make money with social networking sites and it will be a time well spent. I should know. I’m earning from it.

  23. Thats a good idea for starting out Iam creatureing a networking community its http://www.phillynetwork.net they me what yall think about about it

  24. This is the best overview of social networking sites I have seen focusing on those that make you money. Thank you. Thumbs up!

  25. Ning Network is an easy way to make a Social Networking site and help you monitize.

  26. Think about this:
    Just imagine if 1% of Facebook’s growing 500 million friends visited your blog on a weekly basis. That’s 5 million views a week. Now imagine if 1 % of those views bought an ebook form your bid or buy account that you sold for just R10. That would equate to R500 000 in your pocket. And that’s just one means of income. If Google Adsense paid you 1cent for every weekly view then you would make R2 million a month. Hard to believe? Heres something even harder to believe. To sign up accounts with these services is absolutely FREE.

  27. You’ve got great insights about Easy Money Making Ideas For Kids,money from your flat,Make Money, Making Money ,Make Money Online ,Money Making Opportunities, keep up the good work!

  28. Jamiu lekan olaonipekun says:

    I just want to make money.

  29. Cool! I like the fact that it has premium features especially to earn more money, more revenue for business, etc. I might create one and use Ipage hosting and more available training found on this site: http://www.ipagetraining.com

  30. nice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet younice to meet you

  31. You’re so cool! I don’t suppose I’ve read a single thing like this before.

    So nice to find somebody with a few original thoughts on this topic.
    Seriously.. thanks for starting this up. This website is one thing that is required on the internet, someone with a
    little originality!

  32. Oh my goodness! Awesome article dude! Many thanks, However I am
    experiencing troubles with your RSS. I don’t understand the reason
    why I am unable to join it. Is there anyone else getting the same RSS problems?

    Anyone that knows the answer will you kindly respond?
    Thanks!!

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