Tuesday, April 7, 2009

Beware: Social Networking is on the Rise

Does it seem like everyone and their mother is talking about social networking? Well, to me it does. Even my 60-year-old father asked me about Twitter and its purpose. The truth is that people are talking about it, using the websites, and referring friends to sign up. As a result, social networking among US broadband users has grown an impressive 93% since 2006, and has increased the amount of time people spend communicating online 18%, to 32% of total online time, according to a new report from Netpop Research, LLC that delves into social networking trends and habits, reports MarketingCharts.

The "Netpop Connect: Social Networkers US" report also reveals that at the same time as online communications has increased, the time spent on traditional forms of online entertainment has declined 29%, and is now down to 19% of total online time:




This, Netpop said, is changing the face of how entertainment is defined, and giving rise to a new form of leisure built around talking, sharing, and providing opinions and perspectives.

Today, some of the most popular social networking activities include sending emails, sending instant messages, sharing photos, commenting on messages, engaging in blogs, and posting “Tweets.” As a result, it is not enough for companies to have a strong digital strategy, it is also important to be relevant in this social media world. Magazines have tried diligently to maintain their relevance and ultimately, have migrated content to the Web to capture more eyeballs. More companies are starting a blog and asking employees to be involved in order to make it active and engaging to consumers. Additionally, management is looking for feedback from blogs. Furthermore, we’ve also seen brands put up Facebook pages.

So what is next? Social networking is growing. The research estimates that 105 million American broadband users (76%) now contribute to social media. As websites give more space to user-generated content it will be interesting to see how companies track and monitor the conversation with consumers. Other popular websites and applications such as Digg, Flickr, LinkedIn, Twitter, Yelp and YouTube will likely become more popular as well. Ultimately, this means that if you don’t like social networking, you better get used to it because more and more companies are likely to jump in on the fun. Likewise, if you don’t know about these sites or understand the purpose, it is probably in your best interest to get up to speed.

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