The Power of Social Network Sites Like MySpace & Facebook

One of the most visible landmarks on the power of Web 2.0 revolution is the tidal wave power of social network sites. And talking on network sites, MySpace and Facebook will always be on the top.  With members numbering into hundreds of millions and spanning literally the globe, the power of these sites is literally exploding in our face! These sites are getting traffic four times that of eBay and Amazon.

Valued at more than $15 billion, Facebook is no more just a “place for friends”. Gone are the days when the site is just a social hub for teens and young students. Just last year, these social network sites became a battleground for people seeking public office. Of course, no one could ever forget how the campaign of the current USA President Barack Obama managed to successfully integrated itself into these sites.

Recognizing the power of reach of these sites, marketers of all forms and variations are now taking advantage of these sites as incredible marketing tools, leading to more online presence and profits.  If you are still thinking that these social network sites are just for pre-teens talking about their high school crush or hot girls on campus, better think again. News of enterprising and successful young people making money on the net are now so common on the cyberspace.

While online marketers are complaining on low affiliate traffic, declining eBay revenues, and Google Adwords profitability ratio as well as the ever-changing search engine optimization, Facebook and Myspace are both growing magnificently and getting stronger every day. And if you are concerned on your profitability, it is time to look into these sites.

According to data provided by Alexa, MySpace and Facebook alone get as many page views as Google. Tapping even just a very small percentage of that traffic could literally change your online business.

For the next many years, social networks will continue to grow. There would be changes along the way and some type of these sites will naturally evolved and break the pack.

The power of Web 2.0 is still upon us!