Social Networking : A way to be connected with your loved ones and friends
These days the business of social networking is huge, thousands of people are logging into these sites everyday and its a great means of staying intouch with the people around. The volumes for the Social Networking Sites speaks a lot...
Orkut - 30 million Indians are registered
Myspace - Came out with an India Specific Site
Facebook - Most of the advertisers on Facebook are Indian Companies
Every company which is looking to expand into the Internet is looking Social Networking Sites as an option. Like in the case of Desi Martini by Hindustan Times, Big Adda by ADAG Group, etc...
Now the freelance developers are looking these sites for an attractive platform to market their products and applications as most of the sites allow the third party applications to be added onto the profiles. You must have had played Poker or Scrabble on Facebook. All these are the third party applications and are beneficial for the developers as well as the sites.
Channels such as MTV are marketing their shows like Roadies and Spilitsvilla online through communities on Orkut Facebook. These communities are monitored by the people of the channels only and have a great deal of ready consumers for their products and services.
Marketing is being done on a war scale for the movies, channels, products, services and all that one can think off...
A new concept was started by MTV with Roadies Underground which is a virtual reality game to be played online on the community of the MTV Roadies on Orkut. The winner will get the prize of Rs 1 Lakh Cash. With more than 2.25 Lakh members of the community, just imagine the scale and reach these people are working at...
The Social Networking Industry is so much important and carrying that much potential that the leading PE players like Blackstone and Lehman Bros are investing into the sites. Bill Gates bought 5% stake in Facebook for $1 Billion...
Social Networking is going to fuel the future growth of the Business of the Internet along with the means of marketing and reaching out to the end user and consumers for all their needs...
Its all about staying in the Virtual World Honey to Make Money!!...