Social networking sites have exploded over the past few years and chances are that you have a few accounts yourself. But, did you know that you could make money by promoting advertiser’s on your profile?
There are apparently 500 million of us that have Facebook accounts and another 200 million that have signed up for Twitter. My boss has a Facebook page, my grandma has a Facebook page, and even The Penny Hoarder has a Facebook page which you can like here (shameless plug, I know).
But despite the large number of users, very few of us are making any money with our accounts. These four companies are out to change that. By paying users to complete small tasks like ‘friending’ a company on Facebook, they have given us a new and very wacky way to make money.
Registering with Micro Workers is pretty simple (name & email) and they even give you $1 just for signing up.
Once you have registered an account, you will be presented with a list of tasks that you can complete for small amounts of money. For example, a company called “ZeroBid” is currently offering .30 cents to every person that ‘likes’ their page on Facebook. Another company is offering .14 cents to each person that subscribes to their Youtube videos.
You can cash-out your earnings via Paypal, Moneybookers, or AlertPay as soon as you have earned $9.00 or more. They do charge you a 6% fee on your earnings to cover the cost of the money transfer.
This company is very similar to Microworkers, but there are some additional job available in addition to “liking” companies on Twitter/Facebook. For example, there are a couple of advertisers that will pay you to write an article about their product. While another advertiser is paying .15 cents if you leave a comment on one of their blog posts.
You can cash-out your earnings as soon as you have reached $22.00 or more. The company also charges a $3.00 fee to cash-out your earnings which is a little on the high side. You can send your withdraw to either your Paypal or Moneybookers account.
3. Subvert & Profit
This company determines your pay rate based off of how many friends you have accumulated on your social network profile. For example, ‘liking’ a company on Facebook pays a base of .35 cents to USA users, but you can earn up to .50 cents per ‘like’ if you have more than 350 friends.
In addition to allowing you to leverage your Facebook and Twitter accounts, this company will also pay you to “vote” for their advertisers on sites like Stumble Upon and Digg. You can earn between .75-$1.00 for each of those actions.
You can request your earnings once you have accumulated $10 or more. The company only pays out via AlertPay.
This is probably the most well known out of the 4 mentioned sites. Sponsored Tweets allows you to be paid for re-tweeting advertiser’s messages. The company boasts nearly 40,000 people who offer their retweeting service, including celebrities like Kim Kardashian and Lindsay Lohan.
The more followers you have on twitter, the more money you can ask for from sponsors. If you have a few hundred twitter followers, than it’s likely that you will only earn a couple of dollars from sending out an advertiser’s tweet. However, if you’re account is as large as Lindsay Lohan’s, than you might also be able to fetch the near $3,000 she gets for each tweet.
Good Luck Penny Hoarders!