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If you are interested to invest in an online business then Social Networking website may be a fantastic choice for you and you can earn a lot of money with your social networking engine.

Social Networking Website require minimum investment and it is the permanent way to earn online money. You need to setup a well designed website with better functionality for social networking.

Starting a social networking website do not need heavy amount of money if you follow our instructions. If you are connected with Hosting cPanel and sufficient knowledge of phpmyadmin and mysql then you can setup and operate a social networking website yourself. You need to buy just a readymade Social Networking php software for it.

If you are not familiar with Web Hosting then you need to hire a hosting expert which could setup your readymade php script. As far I know he will not charge heavy price like a Web Designer.

php Script- $100- $600

Script installation charges by a hosting expert- Around $100

Web Hosting Charges- Around $150/year

Domain Cost- Around $10/year

It is the second most important step involving your online business and you must have to promote your website to gain primary traffic. You need users for your site and it depends your marketing planning how you attract people to join your website. You can promote your website using;

Adding a SEO optimized blog which is updated with Social Networking related news. It will provide you targeted search engines referred users.

Search Engine Marketing- Place your sponsored searches in Google and other search engines to get targeted traffic. It will surely help to acquire users.

Online Advertising- Buy ads on relevant websites those are connected with Social Networking such as Facebook etc. You can use Buysellads to find relevant website for advertisement.

Earning opportunities are great in Social Networking Web Business. You can earn via premium membership as well as Sponsored advertising. Besides it is the only web business which does not depend on search engines. Joined users works as auto advertisement for you if they are impresses with your service.