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Creating a niche is key for social marketers
http://www.giblink.com/gibnews/articles/3268/1/Creating-a-niche-is-key-for-social-marketers/Page1.html
Doug Perry
Doug Perry, former Marketing Director of http://HDTrader.com. The number one niche classified site for Harley-Davidson motorcycle sellers, buyers, and dealers joined the gibLink team in January. Doug was the sole force to take a non-revenue generating project site to over a million dollars a year in under four years. Doug was also involved in the startup website http://BikerorNot.com, a social network for bikers. Now hosting over 40,000 profiles in its network and hosting a top traffic ranking.  
By Doug Perry
Published on 07/3/2008
 

by Kristina Knight



Social marketers have been looking for something that will push their products and services ahead of the pack. According to a new report from In-Stat, the key to pushing your brand is to create a social niche.


Creating a niche is key for social marketers

by Kristina Knight

Social marketers have been looking for something that will push their products and services ahead of the pack. According to a new report from In-Stat, the key to pushing your brand is to create a social niche.

The study, US Online Social Networking - Here To Stay, states that niche sites are going to be the difference between a social marketing campaign and a social marketing campaign that works. This means that marketers need to define what audience is wanted and research which social platforms can deliver that specific audience.

"Development of niche social networking sites is an essential piece of the monetization puzzle," says Jill Meyers, In-Stat analyst. "The more specific a social networking site is to a select group of users, the more targeted the advertising can become; the more loyal the membership will be because it caters to specific interests; and the more opportunities the site will have to be profitable."

By 2012, there will be an estimated 92 million users on social networks. Currently only about 66% of social networkers pay for their social services and less than 20% access social platforms from mobiles. The mobile aspect will likely change as more mobile social platforms are created that appeal to consumers. The non-payment is not expected to change.

With most social networks allowing users to create free profiles, the consumers will want to continue in that vein.