Networking Sites – How Will They Make Money?

I’m constantly getting requests from friends and business colleagues to update my contact details on services such as LinkedIn, Plaxo, Bebo etc. Although I personally find these services useful I can’t for the life of me see how the site owners are going to make money!

Am I missing something here?

For example, Plaxo now has over 5m registered users but it’s only revenue stream is charging for $19.95pa premium support which I can’t imagine many users have purchased…..

Read Related Posts

1. Exclusive! – Plaxo To Launch New Premium Suite
2. 60 Million Blogs Worldwide
3. AGLOCO Run Out Of Money
4. Facebook Becomes The Biggest Social Networking Website
5. Google Looking To Get Into Social Networking With Gmail?

Subscribe To RSS Feed Updates (What is RSS??)