The answer is that at present Facebook is the market leader by having more than 250 million users worldwide. It is being reported that more than 50 million users have joined since April.
Facebook is usually preferred over others as it allows for more privacy in comparison to sites like Orkut. Although security concerns have risen from time to time but the truth is that everyday 120 million people log onto facebook and spend more than 5 billion minutes on facebook every single day. 30 million users update their status at least once a day and 8 million users become fans of a page everyday. And surprisingly enough, 1 billion photos and 10 million videos are uploaded each month. (Taken from Facebook Statistics)
I guess very soon, ‘facebooking’ would be a word in the English dictionaries.
The second to follow after Facebook is MySpace with more than 185 million users.
And other sites follow subsequently.
The growth in social media sites is amazing. It has opened doors and opportunities for individuals and businesses both. These sites have become the perfect platform for marketing your business worldwide.
Furthermore, such growth is proving the all so traditional concept of ‘Word of Mouth’. People are inviting and others are joining the new way of ‘keeping in touch’.