The question is more social websites could this bring more jobs?
Increase of revenue for business means one thing "Healthy Economy" Website such as Facebook have 2000 employees, twitter 3oo employees Linkedin 900 employees and groupon 4500 employees. if you calculate the number amount of employed through social website is adds up to 7700.
Second, thousands of American have forgone traditional employment, favoring instead to go to the self-employment route. As they take the leap to put their income in their own hands they are creating businesses based on social media. Whether it be consulting, new social networks, or smashups of current ideas. Companies are being formed today that are changing how business is done.
Third, business is now pouring in through social media. There is a reason why Facebook ads contribute the large bulk of Facebook's estimated $4 Billion in revenue this year is due to . They work! Businesses are making money hand over fist from these ads.
The fact is that as the world marveled at how the world was passing them by, they forgot to take a look at how much this new world had provided them.
Read more: http://technorati.com/business/article/how-social-media-saved-the-economy/#ixzz1gRCTsfga
I like this post. I think social media has really brought about huge amount of opportunities. There a a vast number of people who are getting employed by interacting directly with the companies they are interested in joining. Though i agree that social media has caused a significant change in making alot of people self employed. Social media gives everyone that even platform. If you have a product or service its now easy to share it with your friends and family across social media networks, making the process of setting up a business a alot more simple, because you already have a database of potential customers and clients.
ReplyDeleteSocial media can boost the economy in many ways it is equally effective as a cost reduction as well as tool to boost the revenues of your business. A well-planned and well-executed social media marketing campaign can do wonders to boost your business revenues.
ReplyDeleteIt defiantly opens doors to jobs, especially a site like LinkedIn that concentrates on networking with potential employers.
I'll give this post a thumb up! Though times have become more challenging financially, social media has made it possible for individuals to cope under the financial strains, with its low barriers to entry for social networking websites; this is especially good because it could ease the current high rate of unemployment. In addition to this, social media is apparently now the quickest way to seek employment. So in that sense, social network does have a positive effect on the economy; which is a good.
ReplyDeleteIn contrast, some companies have decided against taking some people on because of their social media history, which doesn’t help the economy.