Monday, October 17, 2011

Weekly Blog Assignment

Comment on the issue of monetizing in the Social Network. What is your opinion? Why is Facebook so successful?

Comment on monetizing in the social network While  monetizing your website there are two options: 1) Wait until your website is relatively popular and then add advertisements to make some money of your website. 2) Immediately put advertisements on your website to start making money almost immediately.

What is your opinion? I think the first option is the better choice since you tend to make more money of of it as long as your website is popular. The second option lets you make money almost immediately but tends to be "not cool" with internet users since it would just be another website with advertisements.

Why is Facebook so popular? Facebook is popular because of its simple user friendly interface. Also its a way to connect with people you have lost contact with. It is a great free way to contact all of your friends free unlike a phone which can be costly. It keeps you updated on all the new things happening in the world. And finally because of all of the features it provides to the user such as "Liking" someones pictures and commenting on them; relationship status; "Poking" etc.

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