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Social
 networks
 generated
 nearly $650
 million a year
 in sales.
 Relationship sites -
 the pioneers of
 online social
 networking - are
 waging a pitched
 battle for members,
 employing new
 technologies from
 video conferencing
 to voice over
 Internet protocol
 (VoIP) to bring
 Google-like results to
 their niches.
Match.com has

    reported record
    activity as people
    turn to the Internet
    to find solace in a
    soul mate. And as
    long as the nation
    is in a recession,
    these sites are
    expecting the
    surge to continue.
Match.com
 said that
 during the
 month of
 November,
 the site saw
 its largest
 growth in
 membership
 in over seven
 years.
 There are millions
 of lonely hearts
 looking for love
 on the Internet,
 but you won't
 find the majority
 of them on
 Facebook or
 MySpace.
Online dating sites

    have exploded in
    popularity in
    recent years as
    both the younger
    and older
    generations have
    flocked to them
    and other social
    networks to meet
    people.
Most sites are free

    to join but require
    users to cough up a
    registration fee to
    actually interact
    with other singles.
    Other sites
    generate revenue
    through banner
    and click-based
    ad partnerships
    with Google,
    Yahoo and other
    Internet marketing
    firms.
A $30 monthly
 membership
 fee is cheaper
 than one night
 out in the city.
 Jupiter
 Research, an
 Internet
 consulting firm,
 said the
 market grew
 10 percent in
 2006, to $649
 million, and is
 likely to grow 8
 percent a year
 until 2011.
quot;We've seen a

    major growth in the
    niche market of
    online dating,quot; says
    Joe Tracy, publisher
    of Online Dating
    Magazine; “They're
    seeing more
    success by
    targeting a specific
    passion.quot;
quot;The underlying

    concept of the
    whole network is,
    it should be easier
    to break the ice if
    you already have
    something in
    common,quot;
    explains Michael
    Carter, company
    founder of
    Passions Network
    which hosts more
    than 100 niche
    dating websites.
 They  say there's
 someone for
 everyone. Now
 there's a dating
 site for everyone,
 too.
Sorkin, Andrew Ross. “Parent of Dating Sites Looks for

    a Match,” New York Times (January 2008), Section C;
    Column 0; Business/Financial Desk; Pg. 1
    http://www.nytimes.com.offcampus.lib.washington.e

    du
    McCarthy, Ellen. “OnDating,” The Washington Post

    (November 2008), Weekend Section, Pg. WE06
    Hartley, Matt. “Money and relationships: It's Love 3.0,”

    The Globe and Mail (Canada) (February 2008),
    Report on business: Canadian Internet, Pg. B1.
    Fung, Amanda. “Jobless, lovelorn rush to network;

    LinkedIn, Facebook, Match.com report record traffic
    as economy falters,” Crain’s New York Business
    (January 2009, News Pg. 3.

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Social Networks

  • 1.
  • 2. Social networks generated nearly $650 million a year in sales.
  • 3.  Relationship sites - the pioneers of online social networking - are waging a pitched battle for members, employing new technologies from video conferencing to voice over Internet protocol (VoIP) to bring Google-like results to their niches.
  • 4. Match.com has  reported record activity as people turn to the Internet to find solace in a soul mate. And as long as the nation is in a recession, these sites are expecting the surge to continue.
  • 5. Match.com said that during the month of November, the site saw its largest growth in membership in over seven years.
  • 6.  There are millions of lonely hearts looking for love on the Internet, but you won't find the majority of them on Facebook or MySpace.
  • 7. Online dating sites  have exploded in popularity in recent years as both the younger and older generations have flocked to them and other social networks to meet people.
  • 8. Most sites are free  to join but require users to cough up a registration fee to actually interact with other singles. Other sites generate revenue through banner and click-based ad partnerships with Google, Yahoo and other Internet marketing firms.
  • 9. A $30 monthly membership fee is cheaper than one night out in the city.
  • 10.  Jupiter Research, an Internet consulting firm, said the market grew 10 percent in 2006, to $649 million, and is likely to grow 8 percent a year until 2011.
  • 11. quot;We've seen a  major growth in the niche market of online dating,quot; says Joe Tracy, publisher of Online Dating Magazine; “They're seeing more success by targeting a specific passion.quot;
  • 12. quot;The underlying  concept of the whole network is, it should be easier to break the ice if you already have something in common,quot; explains Michael Carter, company founder of Passions Network which hosts more than 100 niche dating websites.
  • 13.  They say there's someone for everyone. Now there's a dating site for everyone, too.
  • 14. Sorkin, Andrew Ross. “Parent of Dating Sites Looks for  a Match,” New York Times (January 2008), Section C; Column 0; Business/Financial Desk; Pg. 1 http://www.nytimes.com.offcampus.lib.washington.e  du McCarthy, Ellen. “OnDating,” The Washington Post  (November 2008), Weekend Section, Pg. WE06 Hartley, Matt. “Money and relationships: It's Love 3.0,”  The Globe and Mail (Canada) (February 2008), Report on business: Canadian Internet, Pg. B1. Fung, Amanda. “Jobless, lovelorn rush to network;  LinkedIn, Facebook, Match.com report record traffic as economy falters,” Crain’s New York Business (January 2009, News Pg. 3.