Making money from MySpace
Tuesday, November 14th, 2006So you have a myspace account. You’ve pimped it out and you get lots of people visiting it. Now you wish you could make some money from it.
Well there are a few people out there who want to help you (Of course they, or at least some of them, would love a cut).
Social Shopping
Social Shopping is probably your best option. Its a fairly new area and so it will undoubtedly heat up. Probably the two main options right now are MyPickList.com and FavoriteThingz.com.
They (and all the other picklist/social shopping companies) are pretty much the same. Select some of your favorite products. Write a short blurb about them. Create widgets and gadgets to show your friends what you like.
Revenue Sharing
However MyPickList and FavoriteThingsz (both supposedly run by the same company) allow you to get a share of the revenue generated by your list. You can select items from anywhere on the net, but only specific retailers will give commission.
Like most revenue sharing sites they pay via paypal once you have accumulated over $25 in credit. From what I can tell they pay around 40% of the commission they get from the retailer. They all cover most large retailers so there is no shortage of products.
Widgets, Gadgets or Badges?
MyPickList has a cool looking flash badge that you can put onto myspace and the many other social networks (Hi5, TagWorld, Xanga, Piczo, Friendster) and even your blogs (Blogger, Typepad, Wordpress). The nice thing about the flash badge is that it will pretty much work anywhere as it is a low risk object compared to say Javascript implementations.
Take a look in my sidebar. I have setup pick lists so you can see the slideshow.