Online social networks

Online social networks have become ubiquitous in the past few years. What forms of value do users get from these services and who is most likely to sign up on LinkedIn versus other sites?

The evolution of online social networks over the past few years is really amazing phenomenon because it went from a little known platform of personal expression to capturing the attention of millions of people. These social networks have allowed people to reconnect with friends, meet new people and share what is happening in their life, like watching NASCAR races and drinking beer. The value that the customer receives from these sites is from being able to post material about their life either through blogs, pictures, videos, messages, and allow their friends and family to see and comment on them. Social networks provide an easy way for many people to keep in touch that would have been nearly impossible otherwise. LinkedIn is a social network design for business people. It provides an easy way for business people to network, recruit, or connect with other likeminded people. This network provides a platform where; jobs can be posted, people can search for industry experts, and people can sell ideas or businesses.