Social Network Marketing to Reach $2.5 Billion in 2011

MARKET WIRE -- May 9 -- eMarketer has increased its estimate of US ad spending on social networks to $900 million in 2007 due to increased revenue projections for Facebook and additional spending on niche and marketer-sponsored social networks. Between 2007 and 2011, US ad spending on social networks will grow 180% to $2.5 billion. MySpace is estimated to generate $525 million in the US this year. Facebook is expected to generate $125 million. The two account for 72% of US social network ad spending in 2007 and 75% in 2008. FULL ARTICLE @ MARKET WIRE

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[youonit]

Check out this new online community site. It has alot of features like customizable profiles, videos, online radio & instant messenger. Here's the link:

[dating site]

And almost all ads will be served by Google which would morph the search giant in to an online Ad serving outlet and would certainly force it to start loosing it's grip on the search frontier.

So by 2011 the now beloved Google would become a company so huge and powerful, it'd start falling like Microsoft.

And their motto will change from 'don't be evil' to 'don't be the 1999 Google'.

[Mark]

Social networks are curious phenomena. They have sprung up over night to become the next big thing. What’s interesting about the market is the fact that my space and face book have such a concentration of power. Internet companies are not the Auto Industry, which required complex long-term contracts from 1000s of contractors. Or infrastructure constraints like the old phone companies. I.e. low barriers to entry. Online companies can be run in from your basement, like plentyoffish. It will be interesting to see how this market share will start to divide up.