Pages

Business Models for Social Networking Sites

As blogged about in this post, Hitwise, stated in June that “MySpace and Facebook comprised almost 90% of the US visits to social networks”. This led the author to make the interesting point maybe this is the case not only because social networks are relatively new, but maybe because this genre of sites are still learning how to generate revenue. As the author states, “I blame it on not thinking of a better way to monetize social networks in general.” He goes on to mention that in his opinion LinkedIn is on the right path, especially since their average user age is 40, and they have a higher purchasing power. Since the age is younger for both MySpace and Facebook, and people are still unsure how to leverage them from a marketing standpoint, the author argues that “we're stuck with the traffic=advertising=revenue business model”

What are your thoughts on this? What do you think is the next step in the evolution of the business model for social networking sites?

Priya

Phasellus facilisis convallis metus, ut imperdiet augue auctor nec. Duis at velit id augue lobortis porta. Sed varius, enim accumsan aliquam tincidunt, tortor urna vulputate quam, eget finibus urna est in augue.

1 comment:

Anonymous said...

Thinking of designing your own website?

Try www.esolz.net , a professional company which I came across while developing my website. Although I was skeptical about outsourcing my project to an offshore company, my mind was put at rest upon reviewing their proposal. It was clear that www.esolz.net is a team made up of solid web designers who provide quality, value, and support. From day one they consulted with me and involved me in every aspect of the site development.
They completed the project within the agreed 30 days and have exercised extreme diligence in maintaining the website since then.
Check out my website at www.ventureden.com

Ventureden is a global meeting place where entrepreneurs connect with angel investors and venture capitalists in order to secure startup or expansion funding for their business venture.
Entrepreneurs post their business idea or invention and instantly gain worldwide exposure.

Angel investors and venture capitalists leisurely explore investment opportunities, all from the comforts of office or home.

No matter if you?re an entrepreneur or investor, thanks to www.esolz.net our system is simple to use. Make www.esolz.net your outsourcing partner, you won?t regret it.

Regards,
Dan
www.ventureden.com
www.esolz.net

Name: Daniel Cimera
Address: 2116 Lynchmere ave.
Mississauga
Ontario
Canada
L5B 1W8

Phone: 416-741-6204

Email: salesinfo@ventureden.com