Tag: networks

Social Networks Good For Your Career

Social networking is for more than just keeping in touch with family and friends. Business related social networking sites are useful for both employers and job seekers.
LinkedIn, a well-known career social network, reported 89 percent growth in members from 2005-2006. The site has seen strong growth since its first year, when they had 85,000 members and has grown to more than eight million members.

Social Networks Provide “Momentum Effect”

Fox Interactive Media has released findings from a study that looked at the growth and marketing power of online social networks.
Over 70 percent of Americans ages 15-34 are using social networking sites on a regular basis. The sites see a spike in traffic during primetime hours, which improves communication with family and friends along with building brand connections.

Honeymoon Over for Social Networks?

MediaPost reports on an In-Stat report that says the honeymoon is over for social networks. It’s time to root, hog, or die: “They need to start generating revenue now or bow out of the race, according to a new report from In-Stat. ‘In order for a social networking site to be successful, it must attain a critical mass, and competition is fierce to attract new members,’ said In-Stat analyst Jill Meyers.”

Should Social Networks Sell Users Data?

Selling the data of social network users could be one way for sites to increase revenue according to a new report from In-Stat.
"Each social networking site collects a plethora of personal and demographic data on each member," said Jill Meyers of In-Stat "and while selling these data to target marketing groups may be unappealing to site members, it may be the best route to profitability for site operators."

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