Marketing

Running Head : MARKETINGSize and Growth of the kindly Networking IndustryStudentUniversityProfessorSubjectSize and Growth of the Social Networking IndustryThe development of Internet has make it possible for tidy sum to do online activities while making it possible to simulate those activities in a seemingly real environment . Even the newly elective president of the United States holds accounts in Friendster , mySpace , and Facebook . This only shows that as people continuously expand their contacts and the sites make updates and improvements , these tender networking websites will be here and will continue to grow and expandThe rise of the social networking websites in 1997 signaled something which is more than just a fad . In fact , online networking has become a business venture . Reports showed that tether years ago , the industry acquired more than 6 .5 million in revenues . Just the top three websites have made it possible to connect more than 200 million subscribers near the world . Myspace .

com , the leading social networking website held al close 80 of the social networking market . Other websites have also appe bed , such as Facebook (Rethlefsen , 2007A survey also showed that among the 14 social networking websites available , Myspace is the most patronized , with more than 30 million subscribers . Flixster , Hi5 , Tickle , Facebook , atomic number 18 among the top 5 (Evans , 2009Along with the ballooning size of social networking websites , they are also growing . In 2007 alone , the growth was expect to reach 230 million . Revenues are expected to increase from 965 million...If you fate to get a full essay, order it on our website: Ordercustompaper.com

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