A Trading Post Blog
Commentary on Trading Post and the Online Trading Industry

Nov 21 2007

How Social Are You?


I just came across an interesting article. As Web 2.0 technology continues its upward ascension, it's interesting to note how certain social networking websites and blogs are growing. Many of you have probably heard of MySpace, Facebook, etc., and some of you may have created your own profiles.

One of the fastest growing online social networking websites is LinkedIn, which I am also a part of. It's a social networking site for professionals, which has helped me to get back in touch with those who I have lost touch with. I have found it a great tool.

One thing that surprises me in the numbers below is the continued dominance of MySpace. I do think that Facebook will overtake it within the next three years, as it's easier to access, and it's LESS cluttered. What this means to traders is that you can see various small trading groups sprout up all over the web - and what Trading Post wants to do is create true online community.

- sam




Top 10 Social Networking Sites for October 2007 (U.S., Home and Work)

Site

Oct-06(000)

Oct-07(000)

Percent Change |

Myspace.com

49,516

58,843

19%

Facebook

8,682

19,519

125%

Classmates Online

13,564

13,278

-2%

Windows Live Spaces

7,795

10,261

32%

AOL Hometown

9,298

7,923

-15%

LinkedIn

1,705

4,919

189%

AOL People Connection

5,849

4,084

-30%

Reunion.com

4,723

4,082

-14%

Club Penguin

1,512

3,880

157%

Buzznet.com

1,104

2,397

117%

Source: Nielsen Online, November 2007



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