The Domain Industry Versus Online Social Networking and Microblogging
Online social networking sites such as Twitter seems to be catching on like wildfire these days. We see recently where Twitter was used to effectively cover the protests in Iran, and even break the news about Michael Jackson’s death to many.
It would appear that everyone that can click a mouse is on Twitter.
However, a recent Harris Poll reports that only 5 percent of Americans are using Twitter so far. That means that there is only is 1 in every 20 Americans using Twitter.
The question is, where are the other 95%? The 2008 population estimate for the United States is 304,059,724. That means that there are approximately 289 million American who are not using Twitter.
The Harris Poll also finds that although recent high-profile media coverage suggests that a large percentage of the US population participates in online social networking and microblogging, more than half of Americans (51%) do not use Twitter or participate in either of the two largest social networking sites - MySpace and Facebook.
The survey finds that just under half (48%) of US adults have either a MySpace or Facebook account, and that only 16% update their page at least once a day.
If, on the other hand, you prefer good news, this means that the upside for Twitter, the fastest-growing service in our time, hasn’t even begun to be realized.
Now lets compare this to the domain industry. I am not aware of any poll that researches the number of people who are aware of the domain industry, or the domain aftermarket in particular.
Judging by the number of members on the most popular forums, and by even adding an extra person for each member to represent the persons who are aware of the domain industry but chose not to participate in any domain forum, I would say that even 500,000 (half a million) people would be a generous figure.
Correct me if I’m wrong, as these are just wild estimates.
So, worldwide, less than a million people are unaware of the domain industry. Hey, there are 6 billion people in the world!
How do you view this? If you are a pessimist, then you would say that domaining is a complete waste of time.
If you are optimistic, and you should have all the rights to be if you are intelligent, then you would see nothing but pure opportunities.
We are the founders of what will be one of the greatest industries on planet earth!
I discovered the domain industry and domain aftermarket after reading an article, in which the author stated that, the buying and selling of domains is one of the very best ways to make money online.
It is not as easy as it sounds, but once you get the right formula and strategies, you may have the licence to print money, almost.
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