Tuesday, July 13, 2010

Social Network - Business Model

A lot of social networks are free of charge, e.g Twitter, Facebook.
According to investment of Facebook, there is around 4.5 billion user of Facebook and around 1 billion user of Twitter.

Not a long time ago, we've heard a rumor about Facebook charge money for membership.
And a big noise of user about this. Companies such as MySpace and Facebook sell online advertising on their site. Their business model is based upon large membership count, and charging for membership would be counterproductive.Some believe that the deeper information that the sites have on each user will allow much better targeted advertising than any other site can currently provide.

Social networks operate under an autonomous business model, in which a social network's members serve dual roles as both the suppliers and the consumers of content. This is in contrast to a traditional business model, where the suppliers and consumers are distinct agents. Revenue is typically gained in the autonomous business model via advertisements, but subscription-based revenue is possible when membership and content levels are sufficiently high.

If Facebook is really charge money for the membership, it may probably lose a large number of member and so as the advertiser.

Besides, social network is affecting different aspect. This is an example that we could easily find book teaching you how to use Twitter and Facebook

Reference
http://en.wikipedia.org/wiki/Social_network_service
http://facebook.com
http://twitter.com

Books:
Sams Teach Yourself Twitter in 10 Minutes
Sams Teach Yourself Facebook in 10 Minutes

4 comments:

  1. The importance of social networking sites in today's world is immense. Indeed, the above mentioned websites are best, however there is also a latest Social Networking site MyworldGo , where you can connect with others. We are also available on iOS and android.

    ReplyDelete
  2. The importance of social networking sites in today's world is immense. Indeed, the above mentioned websites are best, however there is also a latest Social Networking site MyworldGo , where you can connect with others. We are also available on iOS and android.

    ReplyDelete
  3. The importance of social networking sites in today's world is immense. Indeed, the above mentioned websites are best, however there is also a latest Social Networking site MyworldGo , where you can connect with others. We are also available on iOS and android.

    ReplyDelete
  4. The importance of social networking sites in today's world is immense. Indeed, the above mentioned websites are best, however there is also a latest Social Networking site MyworldGo , where you can connect with others. We are also available on iOS and android.

    ReplyDelete