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[S662]Social Network\42 For Business
by Cefail, Cef
Lifesmine.com, considered by many to be the fastest growing social network of its kind, has recently been experiencing explosive growth as more and more people over 40 years of age are catching onto the hottest trend on the internet--social networking. In just the past few weeks, Lifesmine's internet reach, as tracked by Alexa a subsidiary of Amazon.com, has grown by 3600%. While growth is slowing at most top Internet sites, it is skyrocketing at sites focused on social networking, blogging and local information.

The dramatic success of those Internet categories is apparent from a recent online-traffic analysis provided by market research firm ComScore Media Metrix, which examined visitor growth rates among the 50 top Web sites over the past year. As of December 2006, it was a busy month for social networks across the board. In September, one in 20 U.S. Internet visits included a stop at a leading social network, almost twice the rate of a year before.

Lifesmine's (www.lifesmine.com) phenomenal growth is even more impressive when compared with many of the social network industry leaders. The five fastest growing social networks, other than Lifesmine, identified during a recent tracking period include Bolt (271%), Bebo (95%), Orkut (63%), MySpace (51%), and Gaia Online (41%). In an industry where high growth is the rule, Lifesmine.com's expansion dwarfs all the others.

The recent success of Lifesmine is also important considering what a recent national analyst said about the social network business model in general. ?In order for a social networking site to be successful, it must attain a critical mass, and competition is fierce to attract new member,.? said Jill Meyers, an Analyst with In-Stat. ?So far, sites have focused their attention on a younger demographic, which is finite, fickle and limited in expendable income,? she added. Recent In-Stat research finds that the biggest American generation, the baby boomers, is frequently overlooked.

Baby Boomers are one of the two age groups that Lifesmine CEO Larry Lutvak has focused on in terms of his efforts to build a strong company. ?We know that adults from 40-60 years old are in the midst of an entertainment transition,? stated Lutvak from his Tampa Bay area offices. ?High speed bandwidth and cheaper computer costs are driving internet usage and more and more people are choosing social networking as a way to meet new people and spend their time,? he added.

Lutvak also cited the recent strategic adjustments by Facebook as regards their renewed focus on the 35 and up marketplace. ?We could see that advertisers wanted to see an evolution in social networking towards more mature age groups?, said Lutvak.
Observers have lauded Facebook for attracting an increasing number of business and professional users and more consumers in the 35-plus age categories than is usual for networking sites, which often skew younger. All this should mean growing advertising revenue for the site.

Industry experts have also said a broader base of investors seems ready to embrace social networks, citing as evidence the networks' rapid growth and funding rounds by venture firms and rich individuals. A recent case in point: the $40 million raised by Ning, an online service that allows consumers to create their own social network "for free in seconds," according to its Web site. Netscape pioneer Marc Andreessen is one of its co-founders.

All of this bodes well for Lifesmine.com provided they continue to grow rapidly. The company is using a combination of Google pay par click advertising and consumer generated online publicity to add new subscribers. With general internet user trends pointing to continued growth of internet penetration by Baby Boomer, Lifesmine.com is poised to enjoy even more growth.

Robert Cefail
Editor-In-Chief
Press Direct International

We all know in today's busy life, social networks are a great way to keep in touch with friends and family. You can share your joys, sorrows, triumphs and losses over the net despite the distant. Registration on these networks is free and you can even have a web page of your own for sharing videos, images, music, in short sharing your life. One of the positives about some of the social networks today is that other than having a place to keep up with family and friends, there are also ways of generating an income.

Here are just a few of the ways you can make money on working in social network groups:

1. Blogging: Create blogs to speak about your passions or talk about anything that you feel strongly about.

2. Emailing: You can earn money when you are emailing your friends, family and loved ones.

3. Chatting: Chat away and earn money.

4. Through your videos: Share your videos and photos and make an online income!

5. Sharing music: Earn money by sharing the music you like with your friends!

In short, you can generate money with just about everything you do in a social network environment. So, with this My Music Ticket social network you can generate great profit while you spend your time chatting, emailing or sharing stuff with your friends. You are really not doing anything extra but yet you earn money! How cool is that! With some networks you can even have a regular cash flow from things such as:

?Monthly Residual Income plans
?Fast start Bonus
?Page view revenue sharing pool
?Platinum, gold and silver pools

Most social networks have different levels of membership that range from free up to $100, and no matter what level you are on you will be able to generate an income. Even on the free level of this home based business opportunity.

Among the many social networks on the scene today there is one called My Music Ticket has grabbed the attention of netizens worldwide. One of the main differences between this social networking community and others is that it is sharing a portion of its revenue with members, and this is making it a network that many people are clamoring to join. They also have a very unique focus, which is musicians and music that makes it a very appealing social network platform.

At present they are in their stage one beta testing and running stress tests on their servers. However they are inviting people to go ahead and begin making profiles, upload pictures and videos; so might as well give it a shot. After all it looks like this a company that is doing it right from the beginning. If My Music Ticket is half as successful as something like myspace or facebook, you could see the next big giant in the making!
Article Source : Pg. 58

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Both Cefail & Gen Wright are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Cefail has sinced written about articles on various topics from Advertising Guide, Keyboard Synthesizer. Robert Cefail is a founding partner of In Touch Media Group, a marketing firm specializing in online media.. Cefail's top article generates over 880 views. to your Favourites.

Gen Wright has sinced written about articles on various topics from Terrier Dogs, Acne Treatment and Lose Weight. Get more information about as well as other featured. Gen Wright's top article generates over 1220000 views. to your Favourites.
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