Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Wednesday, December 19, 2007

Social Networking Tips for Jobseekers


Beware. Those of you who have posted personal information online might be under surveillance. Jobs candidate who maintain profiles on social networking sites, may want to reconsider its content.

Employers are now increasingly using social networks to assess job applicants, verify CVs or even find ideal candidates based on online profile. As is true with any other domain, recruiting is forced to acknowledge the area, which has the highest footfalls or coming together of professionals outside their normal work spheres.

The trend that started a few years back in the tech industry is fast spreading. With the emergence of the concept of blogs and social networks such as MySpace, Orkut, Facebook, Linkedin, a growing number of people are leaving significant online footprints.

"As the cliched ‘war for talent’ managers are being forced to resort to taking unconventional and ‘out of the box’ measures to cope with this shortage. An online social networking site provides an unbiased, unmotivated and easily accessible source of checking out a potential employee without compromising his or her privacy," says Shiv Agrawal, ABC Consultant’s CEO.

infotech.indiatimes.com

Monday, November 12, 2007

Is Social Networks Profitable Business?


Social networks in the face of its growing popularity faced with the complexity of monetization or profit from their services.

The problem is named in the main report In-Stat "Social Networks: finding friends online".

"In order for social networking sites have become successful, it must to attain a critical mass, but the competition to attract new members being very badly," says Jill Meyers of In-Stat. Moreover, the site focused on a younger audience, which finite and limited in income," said Miss Meyers. In her observation, baby boomers most often in social networks are frequently overlooked. Although they have their own social network, for example, Eons.com.

eMarketer estimated, in 2007 the cost of advertising on MySpace outweigh the cost of advertising in other social networks together.

One of possibility opportunities to earn is sale users data: the huge number of resources have comprehensive demographic data. While this may not like members of the site, it may be the best way to reach profitability.

While social networks have become a popular phenomenon, individually enjoyed varying popularity from growth 1177% (Sconex.com) to -40% (LiveJournal.com), according to comScore Media Metrix.

Microsoft offers tips on increasing revenue from advertising in social networks. Group digital advertising solutions to the Microsoft ordered Metrix Lab study on how members of the social networking sites use. It was found that advantageous in terms of advertising can be a creation of the so-called profile brands, which can be added to the list of friends. A quarter of members of social networks are made on any advertising, a one third is forwards it to friends.

But according to eMarketer senior analyst Debra Aho Williamson, the time of branded profiles are probably already passed. The idea of advertising - creation of advertising profiles and collection of friends - was popular in 2006, but had to decline because users are tired of collecting friends.

Some companies are developing special software that uses sophisticated modeling techniques to identify the context of what are written by members of social networks to show them the most appropriate advertising.

There is a risk that innovative models will not be accepted, and advertisers want to use something more commonplace. For instance, the Roadblocks which sells at MySpace pages.