Now that you have decided to get involved in the social networking game you need to know the rules before you foul out and get sidelined before you get started. You won’t make money on MySpace or any other social networking site until you thoroughly understand some fundamental guidelines.

I’ll give you three quick tools that will make sure your not wasting too much time socializing but you are pumping up the ole’ bank account as well.

You may or may not have heard of friend adder software to use on MySpace. Either way, I believe it is essential if you are planning on making money in the short term. The faster you can gather and add friends to your profile, the faster you build relationships, the faster you determine who is candidate for your products or services. Time is money and you risk wasting a lot of both by doing things manually.

Determine what your target market is before you randomly start inviting people to be you friends. The great thing about MySpace is the browse section that allows you to pick and choose the characteristics of your friends (i.e. age, location, income range, etc.). You can also use the groups and forums to carefully pick the friends that are more likely to be interested in your offer.

Don’t try to be a jack of all trades. If you have more than one product to sell that are in completely different niches I suggest opening another MySpace account to promote that product. This way you stay on message and avoid mixed messages in your marketing efforts.

Invest in people and you will do extremely well. Offer advice and direction for those you come in contact with. Build your name as someone that is helpful and this will ultimately result in sales and the future stability of your business.

Get personal and build relationships. People first want to do business with a real person and not just a company or product. Make sure to be personable and share from your life and experiences. Make sure your profile doesn’t look like a billboard or commercial. I’ve visited profiles in that past and couldn’t even find the persons name on the page. I couldn’t even send them a personal message by name if I wanted to.

The guidelines I’ve shared above will ensure your success in the world of social networking. Never forget that you are in business and present yourself accordingly for maximum profits. Now get out there and start profiting.