Is Social Media A Fad - The Diigo Meta page

• 01 Aug 08
  

  Michael Marlatt

  fad socialmedia

  • Is Social Media A Fad 

      

     

    Social media giant Facebook is currently ADDING a million 25+ (non-student) adults per week to their rosters - that's 52 million new users a year...
    YouTube.com gets over 50 million unique visitors per month... over half a billion a year...
    MySpace.com sees over 49 million unique visitors each month - over 1.6 million a day...
    Those numbers are CRAZY!
    And new social sites of all kinds are popping up each day... social networks... social bookmarking pages... user generated content sites... video sharing... photo sharing... blogging... virtual worlds... and more are all growing at an explosive rate.
    "But Aren't These Social Media Sites Just For Kids?"
    Is Social Media a Fad?
    
  • Social Media could be considered a fad maybe two years ago, but now these sites are crammed with professionals with all kinds of disposable income (who are comfortable buying things online) - look at who is signing onto these social sites, for example...
    62% of MySpace visitors are older than 25 (40% are 35+), and 83% are making over $30,000 a year...
    and 19% are making $100,000 and up...
    Facebook.com is a little younger since it started with college students - but that's changing in a hurry - 46% are over 25 and 34% are 35+... but they've got deep pockets - 88% make more than $30,000... and 23% make $100,000 or more...
    To put that into perspective... that means 880,000 twenty-somethings who make over $30,000 a year are joining Facebook.com
    this year ...
    That's over $42,500,000,000... 42.5 BILLION DOLLARS of new spending power flowing into Facebook.com alone -- EVERY WEEK!

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