April 24, 2008

Social Networking- The revenue Generator Posted By : Dane.Phillip- Topic: internet marketing

While doing some research on social networking domain, found some interesting figures to share, which will surely drive the social networking development companies. The graph is still increasing with many more Social Networking players jumping in; the web scene seems set just right for Social Networking. Social networking is going mobile and is poised for spectacular growth over the next five years, mobile social communities will be attracting members in swarms, more than tripling in size from 50 millions to 174 millions by 2011. Marketer estimates that the social networking ad spend of the USA will rise to $260 million in 2007(up from $95 million in 2006), and by 2010 is expected to reach $665 million. GMI is one of the largest independent solution providers in social networking website development, web application development India , web portal design & software development India .

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