Can you make money with MySpace? Yes, You can. MySpace can both work as an online income source and a traffic source for your business. But why MySpace? It’s because of the huge traffic that MySpace gets everyday. Millions of users flock to MySpace everyday and traffic can be transformed into profit using various monetization methods. That is why it has become the target of aspiring entrepreneurs, internet marketers and webmasters.

10 Ways to Make Money from MySpace

Here’s the list of techniques which can help you to make money in MySpace. There are not many guides are available today that can teach you how to make money from MySpace. Most of these tips are from our webmaster and marketer friends who have practically earned money from MySpace traffic by funneling them to highly relevant websites with various monetization options.

We won’t say you would like all of the methods or you should employ all of them. We are just providing a list of the techniques used today.

Here is the list:

1. Bulletin-based Advertising

First of all you will need to make lots o friends. You can do it manually or can use a software. Then you can send out bulletins or comments to drive traffic towards your money-making sites.

Don’t be too aggressive or very much targeted. Your broadcasting and advertising should be normal; otherwise they can be regarded by MySpace and other users as spam.

2. Use Affiliate programs

You can direct MySpace traffic to your website containing affiliate links and product feeds. The best performer in this category is Cost Per Action programs where the visitors only require submitting his or her email address or sign up for a free account.  

Some of the affiliate products that do well in these part are dating network, free X360 offers or ringtones etc. You can always mix MySpace traffic with other traffic from other sources.

3. Start a MySpace Resource site

This will help MySpace users to visit your site looking for different MySpace tools and techniques. You can use AdSense and other text-based advertising to earn money from the diverted MySpace traffic.

You can offer various MySpace utility for free like templates, graphics, codes and survey generators etc.

4. Create dozens of accounts

You can create hundreds of MySpace accounts and then sell them to webmasters which are looking to promote their website on MySpace. There are demands for such accounts among marketers. Not a very good idea as per I am concerned. I do not like it personally.

5. Offer Advertising Space

You can offer advertising space for webmasters and businesses. This is possible when you have a large number of friends on your MySpace accounts. You can earn money from webmasters by taking a fee for putting up a link to their website or business. This can work as a bulletin board or email list.

6. Partner with independent musicians and bands

Partner with musicians and bands and help them reach out to their fan base. You can also make sales of their products to the fans. You ca start a fashion accessories and t shirt business right away. Such products with personal recommendations from musicians will sell better.

7. Create and Sell MySpace scripts or templates

You can create scripts and templates and sell them yourself or to MySpace Resource websites. Such websites need new materials all the time. The selling depends on your products and the competitive price.

8. Build a MySpace website around your business

You can create a MySpace website around your business and that can get you traffic and sales both. Let’s take an example if you are selling ebooks then you can create a MySpace page with a specific type of ebook (example, Internet Marketing, SEO), which will get you traffic to your original site and get actual sales.

9. Start a Proxy site

A proxy website is a site which let users surf websites which may be banned in a specific locality. The money comes from AdSense or other types of contextual based advertising.

MySpace crowd loves proxies because using them they can bypass web filters that are set up by the schools or businesses to block MySpace websites. The market is however very competitive.

10. Use MySpace Groups for targeted marketing

Visiting MySpace groups and performing targeted marketing will get you traffic and money. Always visit and join your business related groups. Your post useful content alongside your link or affiliate programs/AdSense.