Regardless of the sorry state of the economy, expenditures in the U.S. are expected to rise to a figure of $1.6 million in 2008, from a 2007 figure of $920 million. Based on an evaluation of the money expected to be spent on advertising, Web Pro News figured that MySpace and Facebook together garnered more than 70 percent of all the social network ad spending.
Such is the hold that social networks have over the online community that almost all of the major search engines have jumped in the social networking bandwagon. Google acquired YouTube and now has plans on collaborating with MySpace. Yahoo! joined in with del.icio.us as a factor for social networking, and there are lots more that are expected to follow.

Major business organizations realized the value of such networks and wasted no time in creating a space for business-social mingling on such sites. They make for a very vibrant platform as well, as in a way social networking communities have brought about an evolution of the old forums and discussion boards. Web 2.0 style.

The rules and methods of discussions are the same, but they are swathed in a less formal cloth. Web developers, website designers, search engine optimization gurus and novices, online marketing professionals and hopefuls, all have a place under the social networking sun.

Bring your business into the light. The SEOs at Cosmos Creatives will show you how.