Tuesday, November 27, 2007

The Omnipressence of Social Networking!

These days, networking is synonymous with a successful business. Networking is also the key to a good social life. It doesn't matter how big your office is, how colourful your flyers are or how many degrees we have, it is the quality of relationships we establish with oursleves, our families, our customers, our suppliers and more than anything else, with the people we don't know, that will determine our success in our personal life or in business.

Sites such as Myspace and Facebook have evolutionized the social networking model.
Another source to these findings was also embraced by Loutsenko Konstantin on his blog post - see student links.

Social Networking is more than just a simple fad. Checking out blog feeds, scraps, online communities etc. have become as common as checking your email.
Worldwide Growth of Selected * Social Networking Sites * Source:comscore World Metrix

SOCIAL NETWORKING SITES ... JUN-06 ..... JUN-07..... % CHANGE
MySpace ............................. 66,401... 114,147............... 72
Facebook ............................ 14,083..... 52,167............. 270
Hi5 .................................... 18,098...... 28,174............... 56
Friendster ........................... 14,917.... 24,675................ 65
Orkut ................................. 13,588.... 24,120................ 78
Bebo ..................................... 6,694.... 18,200.............. 172
Tagged ................................. 1,506..... 13,167 ............ 774

More and more businesses are channelling into social networking and into a multifaceted realm of new opportunities.
In business, networking is the vehicle to spread "word of mouth" and the primary source of referals.
This platform has opened up a door for small, medium and large sized businesses to broaden their scope, increase their brand image and welcome new relationships.

I was fortunate to find a fellow students blog who sees the pith to Social Networking. According to his views, these platforms have adapted to the trends and have become a popular choice for advertising. http://speedgeneration.blogspot.com/

The fact remains, socialization, business models and technology all stem from a metphorical and relational form of networking.