Are There Better Sites For Business Networking Than Myspace?

Everyone knows of the phenomenal success of sites like MySpace and FaceBook over the past couple of years. Reports show a growth of almost 50% in the top social networking sites and a huge growth of over 350% for MySpace alone.

As with anything new you will have people who like it and people who don't. Some of the people who are a bit wary of this new technology include the Chicken Little's of our time afraid any advance in technology will harm our children. On the other hand, some people seem a little over joyous with the new technology, namely, the online peddlers of goods. They have seen an enormous rise in their profitability due to the explosive growth of these sites.

While being a fun endeavor, using these social networking sites, the online marketers also are able to meet business contacts, new customers, old friends and even meeting new friends interested in the same things as they are. All the while, making a good profit on the side.

MySpace has lorded it over the other social networking sites both in the United States and in the United Kingdom (where there are 2.3 million users). With an estimated 13 thousand new users everyday, there are probably around 5 million MySpace members by end of this year in UK alone.

While it is agreed that Google's bazillion(just kidding, closer to a billion) dollar investment in MySpace shows that the guys with the huge heads and even the super geniuses they have working for them see something good inside social networking sites.

MySpace and YouTube are both showing their power as an advertising medium buy either hosting live debates or hosting 2008 US Presidential hopefuls' web profiles online. CNN was working with YouTube to air live questions from YouTube users to the candidates as they were on CNN debating.

Even though it seems like there is no limit to the growth of sites like Youtube and MySpace, it is always good to keep your eyes open for other start-ups that could just be a month or two away from the explosive growth of the other giants in the industry. More focused networking sites like GibLink could become the desired areas for likeminded people to gather and communicate.

While the internet remains a vast uncharted region that seems to have no boundaries in regards to the amount of money that can be potentially made, it is refreshing to see an company, like GibLink, that has the same potential as any of the giants, give back to the members that have made it what it is and what it will be in the future.

Article Source: http://www.rightbiz.com

James M. Crosswell details his experiences in life and in Internet Marketing at his site. If you would like to read more about GibLink and things it has to offer, stop on by.

Please Rate this Article

Not yet Rated