From our previous posts, we now know that search engine traffic can make money. Social Media are of two general kinds:

* Social Networking - Such examples of Social Networking sites are Friendster, MySpace, Facebook, Hi5 etc.
* Social Bookmarking - These websites includes Digg, Mixx, Delicious and the likes

How can we make money online using Social Media

There are a couple of ways you can make money off social media websites. Take facebook for example, if you are real popular, you have several options in making money online. Examples are Selling ads, making application, sell stuff, attract sponsors and others.