Stock Making Money

The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so.

With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

Republicans don’t believe in stimulating economies. They think markets eventually clear — once the pain is sufficient. Or in the immortal words of Herbert Hoover’s treasury secretary, millionaire industrialist Andrew Mellon: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”

Of course, Mellon was dead wrong. Nothing was purged. Instead, the economy sunk into deeper and deeper depression.

So how do we get out of this bog?

By default, all the responsibility is on the Federal Reserve — which announced today (Wednesday) it will pump $600 billion into the economy between now and June to reduce long-term interest rates (“quantitative easing” in Fed-speak).

The Fed thinks lower long-term rates will (1) push more businesses to expand capacity and hire workers; (2) push the dollar downward and make American exports more competitive and therefore generate more jobs; and (3) allow more Americans to refinance their homes at low rates, thereby giving them more cash to spend and thereby stimulate more jobs.

But without an expansionary fiscal policy, the Fed’s goals are pipe dreams.

Lower rates won’t spur businesses to expand capacity and jobs because there aren’t enough consumers to buy additional goods and services.

Lower rates won’t push down the dollar and spur more exports. They’ll only spur more competitive devaluations by other nations determined not to lose export shares and jobs.

And lower rates won’t allow middle-class and working-class Americans to refinance their homes because banks won’t lend to families whose incomes have dropped, whose debts have risen, or who owe more on their homes than the homes are worth. That is, most of us.

Without an expansive fiscal policy that puts more money into the pockets of consumers and gets them out from under their huge debt load, the Fed’s billions will just fuel another stock-market bubble.

It’s already started. Stocks are up even though the rest of the economy is still down because money is already so cheap. Bondholders who can’t get much of any return from their loans are shifting into stocks. Companies are buying back more shares of their own stock. And Wall Street is making more bets in the stock market with money it can borrow at almost zero percent interest.

In other words, with Republicans in charge of the House, the economy remains anemic. It may even succumb to another bubble that bursts.

Could it be that Republicans want to keep the economy this way through Election Day, 2012?

Dr. Rado Kotorov is chief innovation officer at Information Builders, and is responsible for emerging reporting, analytic and visualization technologies. He has developed analytic models and applications for the pharmaceutical, retail, CPG, financial and automotive industries.

You’ve likely been experiencing a deluge of online information coming at you in recent years — an overwhelming number of status updates, e-mails, tagged images and so forth. You’ve probably also seen, and potentially been alarmed by, the growing accuracy of targeted advertisements — “People You May Know,” and other “offers” online.

As the quantity of irrelevant information has exploded online, so too has the market for the delivery of targeted offers and information. Social networks, in theory and in practice, expose many people to contact and influence. Without precise models, people will continue to be bombarded with ineffective offers and other irrelevant information. Predictive analytics, a branch of data mining concerned with predicting future probabilities and trends, applies a filter to users’ online interactions with the aim of delivering more value from a sea of irrelevance.

With increased value comes the potential for social networks to make money as well. Here’s a look at some specific ways in which predictive analytics will make social networks money.

Recruiting

Many recruiting sites out there on the web, from LinkedIn to SelectMinds to Monster, promise to be able to match candidates with job requirements in unique and increasingly accurate ways. Predictive analytics is at the core of their business model, as it automates the process of making these matches.

When a recruiter posts a job description, a predictive algorithm runs through candidates and calculates compatibility. The technology is, in many cases, embedded in search applications. The most accurate and efficient of these analytics will deliver the most value and see the greatest adoption over time. Those recruiting and talent acquisition sites that allow businesses to leverage the existing social networks of their current and former employees are the best positioned to monetize their users’ employment data in new ways. Businesses can get value from these existing networks without the time and resource commitment it takes to build their own.

Sentiment Analysis

As sites like Twitter and Facebook gain value to the business world, many companies have cropped up to analyze and establish what the sentiment is of the collective online intelligence and also to identify individuals with influence and authority. Companies including Klout, ViralHeat and Radian6 all scan blogs and other social media channels with predictive models to determine if the content surrounding a brand or person is negative, positive or neutral. As this information becomes increasingly valuable to businesses of all sizes, these sentiment analysis companies are expected to grow rapidly.

Market Fluctuation

Social media channels are open to everyone. Day traders, retail investors and analysts are cruising around on Twitter and Facebook. What these types of people say and do online is not insignificant in an era when [Flash Crashes and Fat Fingers] are being closely scrutinized and regulated. New models are cropping up to predict stock fluctuations based on Twitter posts. Similar to sentiment analysis, these companies are able to look at the total number of tweets, as well as positive and negative comments to predict whether a stock price will go up or down. These types of companies will become a hot commodity as investors begin to rely on the wisdom of crowds.

Recommendation Engines

No one likes to be bombarded with irrelevant offers and content while using their favorite social network. But the more active you are online, the more effectively predictive analytics can work to deliver targeted and relevant offers.

Sometimes it feels like Facebook knows you better than you know yourself. RSVPed “Yes” to that big gala? You may see a discount offer for Saks. [Are you a woman between the ages of 18 and 34? A Facebook ad may tell you how you can lose those extra inches around your waist.] These offers are no longer random and are therefore increasingly effective. Leveraging the existing data from your previous activity to predict what will happen in the future is becoming, rightly, more prevalent and valuable to social networks that can sell this promise to businesses and intermediaries.

Location-Based Marketing

Do you walk down the same street at dinner time every day? Wish restaurants on that street would compete in real-time for your business?

As social networks add in more location-aware features like Facebook Places and whole new businesses are built on the promise of geo-location including SCVNGR and ShopKick, predictive analytics deliver insights into where groups and individuals will be and when, not to mention what their interests may be. For businesses, there is big money to be spent on location-based advertising in the coming years. As a result, social networks can run their existing location data through predictive models to provide companies with future insights into where to allocate their marketing and advertising budgets for the biggest returns.

More Business Resources from Mashable:

- How Companies Can Use Sentiment Analysis to Improve Their Business/> - HOW TO: Earn Some Inexpensive Online Exposure for Your Small Business/> - HOW TO: Accept Credit Card Payments on Mobile Devices/> - 6 Tips on Starting a Digital Business from the Founder of Pandora/> - 5 Big Social Media Questions from Small Business Owners

Images courtesy of iStockphoto, Nikada, AUDINDesign

For more Business coverage:

class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger
The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so.

With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

Republicans don’t believe in stimulating economies. They think markets eventually clear — once the pain is sufficient. Or in the immortal words of Herbert Hoover’s treasury secretary, millionaire industrialist Andrew Mellon: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”

Of course, Mellon was dead wrong. Nothing was purged. Instead, the economy sunk into deeper and deeper depression.

So how do we get out of this bog?

By default, all the responsibility is on the Federal Reserve — which announced today (Wednesday) it will pump $600 billion into the economy between now and June to reduce long-term interest rates (“quantitative easing” in Fed-speak).

The Fed thinks lower long-term rates will (1) push more businesses to expand capacity and hire workers; (2) push the dollar downward and make American exports more competitive and therefore generate more jobs; and (3) allow more Americans to refinance their homes at low rates, thereby giving them more cash to spend and thereby stimulate more jobs.

But without an expansionary fiscal policy, the Fed’s goals are pipe dreams.

Lower rates won’t spur businesses to expand capacity and jobs because there aren’t enough consumers to buy additional goods and services.

Lower rates won’t push down the dollar and spur more exports. They’ll only spur more competitive devaluations by other nations determined not to lose export shares and jobs.

And lower rates won’t allow middle-class and working-class Americans to refinance their homes because banks won’t lend to families whose incomes have dropped, whose debts have risen, or who owe more on their homes than the homes are worth. That is, most of us.

Without an expansive fiscal policy that puts more money into the pockets of consumers and gets them out from under their huge debt load, the Fed’s billions will just fuel another stock-market bubble.

It’s already started. Stocks are up even though the rest of the economy is still down because money is already so cheap. Bondholders who can’t get much of any return from their loans are shifting into stocks. Companies are buying back more shares of their own stock. And Wall Street is making more bets in the stock market with money it can borrow at almost zero percent interest.

In other words, with Republicans in charge of the House, the economy remains anemic. It may even succumb to another bubble that bursts.

Could it be that Republicans want to keep the economy this way through Election Day, 2012?

Dr. Rado Kotorov is chief innovation officer at Information Builders, and is responsible for emerging reporting, analytic and visualization technologies. He has developed analytic models and applications for the pharmaceutical, retail, CPG, financial and automotive industries.

You’ve likely been experiencing a deluge of online information coming at you in recent years — an overwhelming number of status updates, e-mails, tagged images and so forth. You’ve probably also seen, and potentially been alarmed by, the growing accuracy of targeted advertisements — “People You May Know,” and other “offers” online.

As the quantity of irrelevant information has exploded online, so too has the market for the delivery of targeted offers and information. Social networks, in theory and in practice, expose many people to contact and influence. Without precise models, people will continue to be bombarded with ineffective offers and other irrelevant information. Predictive analytics, a branch of data mining concerned with predicting future probabilities and trends, applies a filter to users’ online interactions with the aim of delivering more value from a sea of irrelevance.

With increased value comes the potential for social networks to make money as well. Here’s a look at some specific ways in which predictive analytics will make social networks money.

Recruiting

Many recruiting sites out there on the web, from LinkedIn to SelectMinds to Monster, promise to be able to match candidates with job requirements in unique and increasingly accurate ways. Predictive analytics is at the core of their business model, as it automates the process of making these matches.

When a recruiter posts a job description, a predictive algorithm runs through candidates and calculates compatibility. The technology is, in many cases, embedded in search applications. The most accurate and efficient of these analytics will deliver the most value and see the greatest adoption over time. Those recruiting and talent acquisition sites that allow businesses to leverage the existing social networks of their current and former employees are the best positioned to monetize their users’ employment data in new ways. Businesses can get value from these existing networks without the time and resource commitment it takes to build their own.

Sentiment Analysis

As sites like Twitter and Facebook gain value to the business world, many companies have cropped up to analyze and establish what the sentiment is of the collective online intelligence and also to identify individuals with influence and authority. Companies including Klout, ViralHeat and Radian6 all scan blogs and other social media channels with predictive models to determine if the content surrounding a brand or person is negative, positive or neutral. As this information becomes increasingly valuable to businesses of all sizes, these sentiment analysis companies are expected to grow rapidly.

Market Fluctuation

Social media channels are open to everyone. Day traders, retail investors and analysts are cruising around on Twitter and Facebook. What these types of people say and do online is not insignificant in an era when [Flash Crashes and Fat Fingers] are being closely scrutinized and regulated. New models are cropping up to predict stock fluctuations based on Twitter posts. Similar to sentiment analysis, these companies are able to look at the total number of tweets, as well as positive and negative comments to predict whether a stock price will go up or down. These types of companies will become a hot commodity as investors begin to rely on the wisdom of crowds.

Recommendation Engines

No one likes to be bombarded with irrelevant offers and content while using their favorite social network. But the more active you are online, the more effectively predictive analytics can work to deliver targeted and relevant offers.

Sometimes it feels like Facebook knows you better than you know yourself. RSVPed “Yes” to that big gala? You may see a discount offer for Saks. [Are you a woman between the ages of 18 and 34? A Facebook ad may tell you how you can lose those extra inches around your waist.] These offers are no longer random and are therefore increasingly effective. Leveraging the existing data from your previous activity to predict what will happen in the future is becoming, rightly, more prevalent and valuable to social networks that can sell this promise to businesses and intermediaries.

Location-Based Marketing

Do you walk down the same street at dinner time every day? Wish restaurants on that street would compete in real-time for your business?

As social networks add in more location-aware features like Facebook Places and whole new businesses are built on the promise of geo-location including SCVNGR and ShopKick, predictive analytics deliver insights into where groups and individuals will be and when, not to mention what their interests may be. For businesses, there is big money to be spent on location-based advertising in the coming years. As a result, social networks can run their existing location data through predictive models to provide companies with future insights into where to allocate their marketing and advertising budgets for the biggest returns.

More Business Resources from Mashable:

- How Companies Can Use Sentiment Analysis to Improve Their Business/> - HOW TO: Earn Some Inexpensive Online Exposure for Your Small Business/> - HOW TO: Accept Credit Card Payments on Mobile Devices/> - 6 Tips on Starting a Digital Business from the Founder of Pandora/> - 5 Big Social Media Questions from Small Business Owners

Images courtesy of iStockphoto, Nikada, AUDINDesign

For more Business coverage:

class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger

eric seiger

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger
The real message from voters was “Fix this stinking economy.” But Republicans have no intention of doing so.

With Republicans in control of the House, forget spending increases or tax cuts to stimulate the economy.

Republicans don’t believe in stimulating economies. They think markets eventually clear — once the pain is sufficient. Or in the immortal words of Herbert Hoover’s treasury secretary, millionaire industrialist Andrew Mellon: “Liquidate labor, liquidate stocks, liquidate the farmer, liquidate real estate. It will purge the rottenness out of the system. People will work harder, lead a more moral life.”

Of course, Mellon was dead wrong. Nothing was purged. Instead, the economy sunk into deeper and deeper depression.

So how do we get out of this bog?

By default, all the responsibility is on the Federal Reserve — which announced today (Wednesday) it will pump $600 billion into the economy between now and June to reduce long-term interest rates (“quantitative easing” in Fed-speak).

The Fed thinks lower long-term rates will (1) push more businesses to expand capacity and hire workers; (2) push the dollar downward and make American exports more competitive and therefore generate more jobs; and (3) allow more Americans to refinance their homes at low rates, thereby giving them more cash to spend and thereby stimulate more jobs.

But without an expansionary fiscal policy, the Fed’s goals are pipe dreams.

Lower rates won’t spur businesses to expand capacity and jobs because there aren’t enough consumers to buy additional goods and services.

Lower rates won’t push down the dollar and spur more exports. They’ll only spur more competitive devaluations by other nations determined not to lose export shares and jobs.

And lower rates won’t allow middle-class and working-class Americans to refinance their homes because banks won’t lend to families whose incomes have dropped, whose debts have risen, or who owe more on their homes than the homes are worth. That is, most of us.

Without an expansive fiscal policy that puts more money into the pockets of consumers and gets them out from under their huge debt load, the Fed’s billions will just fuel another stock-market bubble.

It’s already started. Stocks are up even though the rest of the economy is still down because money is already so cheap. Bondholders who can’t get much of any return from their loans are shifting into stocks. Companies are buying back more shares of their own stock. And Wall Street is making more bets in the stock market with money it can borrow at almost zero percent interest.

In other words, with Republicans in charge of the House, the economy remains anemic. It may even succumb to another bubble that bursts.

Could it be that Republicans want to keep the economy this way through Election Day, 2012?

Dr. Rado Kotorov is chief innovation officer at Information Builders, and is responsible for emerging reporting, analytic and visualization technologies. He has developed analytic models and applications for the pharmaceutical, retail, CPG, financial and automotive industries.

You’ve likely been experiencing a deluge of online information coming at you in recent years — an overwhelming number of status updates, e-mails, tagged images and so forth. You’ve probably also seen, and potentially been alarmed by, the growing accuracy of targeted advertisements — “People You May Know,” and other “offers” online.

As the quantity of irrelevant information has exploded online, so too has the market for the delivery of targeted offers and information. Social networks, in theory and in practice, expose many people to contact and influence. Without precise models, people will continue to be bombarded with ineffective offers and other irrelevant information. Predictive analytics, a branch of data mining concerned with predicting future probabilities and trends, applies a filter to users’ online interactions with the aim of delivering more value from a sea of irrelevance.

With increased value comes the potential for social networks to make money as well. Here’s a look at some specific ways in which predictive analytics will make social networks money.

Recruiting

Many recruiting sites out there on the web, from LinkedIn to SelectMinds to Monster, promise to be able to match candidates with job requirements in unique and increasingly accurate ways. Predictive analytics is at the core of their business model, as it automates the process of making these matches.

When a recruiter posts a job description, a predictive algorithm runs through candidates and calculates compatibility. The technology is, in many cases, embedded in search applications. The most accurate and efficient of these analytics will deliver the most value and see the greatest adoption over time. Those recruiting and talent acquisition sites that allow businesses to leverage the existing social networks of their current and former employees are the best positioned to monetize their users’ employment data in new ways. Businesses can get value from these existing networks without the time and resource commitment it takes to build their own.

Sentiment Analysis

As sites like Twitter and Facebook gain value to the business world, many companies have cropped up to analyze and establish what the sentiment is of the collective online intelligence and also to identify individuals with influence and authority. Companies including Klout, ViralHeat and Radian6 all scan blogs and other social media channels with predictive models to determine if the content surrounding a brand or person is negative, positive or neutral. As this information becomes increasingly valuable to businesses of all sizes, these sentiment analysis companies are expected to grow rapidly.

Market Fluctuation

Social media channels are open to everyone. Day traders, retail investors and analysts are cruising around on Twitter and Facebook. What these types of people say and do online is not insignificant in an era when [Flash Crashes and Fat Fingers] are being closely scrutinized and regulated. New models are cropping up to predict stock fluctuations based on Twitter posts. Similar to sentiment analysis, these companies are able to look at the total number of tweets, as well as positive and negative comments to predict whether a stock price will go up or down. These types of companies will become a hot commodity as investors begin to rely on the wisdom of crowds.

Recommendation Engines

No one likes to be bombarded with irrelevant offers and content while using their favorite social network. But the more active you are online, the more effectively predictive analytics can work to deliver targeted and relevant offers.

Sometimes it feels like Facebook knows you better than you know yourself. RSVPed “Yes” to that big gala? You may see a discount offer for Saks. [Are you a woman between the ages of 18 and 34? A Facebook ad may tell you how you can lose those extra inches around your waist.] These offers are no longer random and are therefore increasingly effective. Leveraging the existing data from your previous activity to predict what will happen in the future is becoming, rightly, more prevalent and valuable to social networks that can sell this promise to businesses and intermediaries.

Location-Based Marketing

Do you walk down the same street at dinner time every day? Wish restaurants on that street would compete in real-time for your business?

As social networks add in more location-aware features like Facebook Places and whole new businesses are built on the promise of geo-location including SCVNGR and ShopKick, predictive analytics deliver insights into where groups and individuals will be and when, not to mention what their interests may be. For businesses, there is big money to be spent on location-based advertising in the coming years. As a result, social networks can run their existing location data through predictive models to provide companies with future insights into where to allocate their marketing and advertising budgets for the biggest returns.

More Business Resources from Mashable:

- How Companies Can Use Sentiment Analysis to Improve Their Business/> - HOW TO: Earn Some Inexpensive Online Exposure for Your Small Business/> - HOW TO: Accept Credit Card Payments on Mobile Devices/> - 6 Tips on Starting a Digital Business from the Founder of Pandora/> - 5 Big Social Media Questions from Small Business Owners

Images courtesy of iStockphoto, Nikada, AUDINDesign

For more Business coverage:

class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

eric seiger

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger eric seiger
eric seiger

eric seiger
eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

Photographs are often taken for posterity reasons. The preservation of moments captured by the camera lens in these photographs are very much loved by all people for years to come. In fact, many families around the world have a camera or two in their household in order for them to take pictures of treasured times. There are also those people who take professional courses in photography and upon completing the course, sets up a professional studio to meet the needs of the society for really outstanding pictures.

But if you are just a simple person that has the talent for taking extremely good photographs, and want to make a living out of it, you definitely can. There are several ways of making money with photography. It has even gone beyond the traditional freelancing opportunity that it was years back when the use of the Internet was still limited to a lucky few. Nowadays, people like you have found a good way in making money with photography online. Here are the three ways that you can earn money from the photographs you take.

1. Selling your photos at stock photography websites is one way for you to earn money online. Stock photography websites stores photos that can be licensed for different purposes. Many magazines, publishers, ad agencies, artists, and designers go to these websites to get the photos that they need instead of hiring a photographer, which entail more costs. As the photographer, the photos you shoot exclusively become your stock and are copyrighted to you. This just means that if a particular person is interested in a photograph, he will have to pay you for it and since you hold the copyright to your photos. The big advantage, and asset here is, you can sell them over and over again, reaping for yourself more profits each time you do so.

2. Another way to earn money from your photos is by selling them through your very own website. Before you complain about all the technicalities of putting up a website, think of the advantages it can bring you. First, having a website will definitely establish you as a photographer. Plus, you can sell directly to your clients without having another entity to get a cut from your sales. And it won't really cost you much to have a company host and maintain your website. In fact, you are looking at about $10 a month for hosting.

3. The third way in getting income from your photographs is through photo-sharing sites. Marketing your photos in these sites will get you the attention that you need to make money with your photographs since many people visit these sites frequently. And though you really can't sell your photos through these sites, you can subtly imply to the users that licenses to your photos are for sale so they can further contact you.

These are just some of the ways to making money with photography online. If you take any of these steps to create a flourishing online business for something that you love doing, surely you will get the profits that are right for your talents. And it won't even feel like work because it is something you enjoy in the first place.



eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger

Cee-Lo Green sings &#39;Fox <b>News</b>&#39; on &#39;Colbert Report&#39; - The Dish Rag <b>...</b>

With William Shatner and possibly Gwyneth Paltrow taking a stab at “F*** You,” Cee-Lo Green shows them how it's done.The musician appears on Comedy Central's...

JLS to appear on X Factor ahead of UK tour | Tixdaq.com Ticket <b>News</b>

JLS will perform on this week's X Factor results show along with Westlife and Take That.

Great <b>news</b>: Jobless rate expected to drop in 2012 to … 8.5% « Hot Air

Great news: Jobless rate expected to drop in 2012 to … 8.5%

eric seiger