Comments on: Is it no longer “your space”? Are social networks in trouble? http://www.liberatemagazine.com/2009/04/25/is-it-no-longer-your-space-are-social-networks-in-trouble/ The Online Magazine for Entrepreneurs about Entrepreneurs Tue, 16 Mar 2010 10:05:42 +0000 hourly 1 http://wordpress.org/?v=3.0 By: DRe_eMCee http://www.liberatemagazine.com/2009/04/25/is-it-no-longer-your-space-are-social-networks-in-trouble/comment-page-1/#comment-98 DRe_eMCee Thu, 21 May 2009 16:49:12 +0000 http://www.liberatemagazine.com/?p=627#comment-98 This is a very interesting article. Recently the social networking boom has provided companies with the opportunity to publicize to a wide audience all from a single site. With giants like Myspace.com and Facebook.com leading the pack, there were numerous spin off of fan clubs, alternative, and entertainment sites following the suit of social networking leaders by incorporating into their web design new features such as memberships and profiles. Just a few years ago it was the primary promotional tool for many independent artists. What seems to have happened is that although the membership and audience continued to expand, the return on investment for most of its corporate sponsorship were yet to see the benefits. Thereby posing the question, does a wide audience necessarily translate into commercial success? Just ask the big entertainment conglomerates that are thinking about not renewing advertising contracts and partnerships. Social networking definitely has peaked in some aspects, the thing is that when catering to a potential consumer base as wide as some of these social networking there is one thing that businesses must be assure of, and that is are you reaching your ideal consumer. The generation of individuals 30 and under create fads quickly and then move on to something else.. If Myspace and Facebook are to remain atop of their game, they better start thinking about tapping into the baby boomer generation that are coming off of their manufacturing jobs, into the information age, where soon even the elderly will be online connecting with classmates.. If it's one thing for sure, we best to enjoy this social networking boom while it last, because there a whole new generation ready to innovate the next best thing as we speak... Peace DRe eMCee - "MR. I ATTRACT MONEY!$!: MAJOR PROPHETS ENTERTAINMENT MAJA PROPHITZ RECORDS PRAYSBOY PRODUCTIONS A. J.B. KOOL PRODUCTIONS OFF THA HOOK PUBLICATIONS SO FRESH SO CLEAN AUTOMOTIVE DETAIL SPECIALISTS This is a very interesting article. Recently the social networking boom has provided companies with the opportunity to publicize to a wide audience all from a single site. With giants like Myspace.com and Facebook.com leading the pack, there were numerous spin off of fan clubs, alternative, and entertainment sites following the suit of social networking leaders by incorporating into their web design new features such as memberships and profiles. Just a few years ago it was the primary promotional tool for many independent artists. What seems to have happened is that although the membership and audience continued to expand, the return on investment for most of its corporate sponsorship were yet to see the benefits. Thereby posing the question, does a wide audience necessarily translate into commercial success? Just ask the big entertainment conglomerates that are thinking about not renewing advertising contracts and partnerships. Social networking definitely has peaked in some aspects, the thing is that when catering to a potential consumer base as wide as some of these social networking there is one thing that businesses must be assure of, and that is are you reaching your ideal consumer. The generation of individuals 30 and under create fads quickly and then move on to something else.. If Myspace and Facebook are to remain atop of their game, they better start thinking about tapping into the baby boomer generation that are coming off of their manufacturing jobs, into the information age, where soon even the elderly will be online connecting with classmates.. If it’s one thing for sure, we best to enjoy this social networking boom while it last, because there a whole new generation ready to innovate the next best thing as we speak…

Peace
DRe eMCee – “MR. I ATTRACT MONEY!$!:

MAJOR PROPHETS ENTERTAINMENT
MAJA PROPHITZ RECORDS
PRAYSBOY PRODUCTIONS
A. J.B. KOOL PRODUCTIONS
OFF THA HOOK PUBLICATIONS
SO FRESH SO CLEAN AUTOMOTIVE DETAIL SPECIALISTS

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