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Editors Note:
When News Corp. bought MySpace.com’s parent company Intermix Media in July of last year, a chunk of the site’s then 22 million “counterculture” members voiced concern over what impact a Rupert Murdoch run organization would have on their beloved online community. There were shouts of potential censorship, access fees, “right wing conspiracy,”
exploitation, loss of privacy and ownership of content.

Since News Corp. took over, the site has enrolled nearly 70 million members, growing by 250,000 members per day.

I included the adjacent article
in this month's newsletter
to provide some insight for new startup online businesses.  
If My Space.com continues
to grow, astute advertisers will influence future strategies retailers will use to promote their products or services on the web.

If you accept the statistics
reported by Hitwise,
social networking sites are no longer going to be ignored by online businesses as a source of advertising.

To dismiss the volume of traffic currently generated by MySpace.com would be a foolish loss of potential marketing for any online business.

G. Michael Joyce,
CEO & Executive Webmaster
gmj Info-Tech Services
Vol. 02
September - October 2006

Newsletter
WEBPRONEWS INSIDER REPORT
By Jason Lee Miller
Friday September 1, 2006
You expect to see Google at the top the of list in pretty much any
search breakdown, followed distantly behind by Yahoo!. But would
you, in any category, expect MSN to be outdone by MySpace? Online
shopping just got a lot more social.

Hitwise reports that Google was the top US search engine driving
traffic to the Shopping and Classifieds category of websites for the
week ending August 26. Yahoo! sends waves of traffic that way to
the tune of 4.69 percent.

Though Hitwise puts MSN in third with 2.33 percent, it's only because
of the name of the category. The list was for search engines, not social
networking sites. MySpace directed more traffic to the likes of eBay,
Amazon and Craigslist than MSN, accounting for 2.53 percent of all US
upstream visits.

"Holy smokes" should be the phrase bounding in your head.

"Search is a proven method of acquiring traffic and Google is the
leader in driving online retail site traffic," said Bill Tancer, general
manager of Global Research at Hitwise.

"With the growth of MySpace and others, online retailers should
expand their focus beyond search to consider social networking sites
as a source of additional traffic."

Harnessing the potential of MySpace has hitherto been touch and go.
Traditional advertisers have balked at the lack of control that exists
within the social networks. But perhaps more of a barrier has been
uncertainty about how to use this new real estate effectively. It's
difficult to the course if you've never been there before.

You remember the first day of a new school, walking in amongst a
group of strangers for good or ill, and putting yourself out there for
acceptance or ridicule? It's like that.

So what we look to then are those that aren't wasting any time and
seeing how they fare in the social networking space. Nanette Marcus
over at iMedia, put together an examination of five brands that are
effectively using MySpace to form a relationship with a new buying
public.

Jack In The Box, Nike, Honda, Cingular, and Aquafina get the prize in
Marcus' estimation. Wallmart…not so good.

The Hitwise report also revealed the top searched brands, generic
terms and products driving searchers to shopping sites for the month
of August.

The top brands
eBay, Craigslist, Walmart, Target, Best Buy, Amazon, Home Depot,
and Sears.

The top products
Barbie, iPod, Heelys, Crocs, Bratz, Lego, Webkinz, Bowflex, Proactive,
Air Force Ones.

About the Author:
Jason is a staff writer for WebProNews covering technology and
business.

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