An ePublication from Ecommerce Partners

Targeting Social Networking – Recapturing a Lost Audience

By | April 10, 2006 8:44 am

The comment of Keith Benjamin, a venture capitalist from the Levensohn partnership in San Francisco, didn’t surprise me when he offered his simple explanation for the way big media companies are currently scrambling to buy internet social networking services. He said they are out to “recapture the audiences they are losing at an alarming rate.

Corporate giants like Rupert Murdoch of News International certainly understand the need to staunch the hemorrhaging of their audience, even if they don’t quite comprehend the nature of their new competition, which is often very cheery and not even primarily profit-driven. The New York Times made me laugh out loud when they described the anxieties of Murdoch and Viacom’s Sumner Redstone as amounting to fear of death by smiley-face.

Murdoch paid $580 million for, the decidedly perky network used predominantly by teens  and the race is now on to capture Facebook, the favorite of college-aged mean and women. Some analysts, including Business Week, say it could be worth $2 billion. That’s an extraordinary number  and it’s very hard to say what it’s based on.

Nobody even knows exactly how many young people use Facebook  but the Wall Street Journal reports that the vast majority of students at many colleges maintain Facebook home pages, checking in to those pages  – like two thirds of all Facebook users do – at least once a day. Not a bad advertising target – by anybody’s measure.

Posted in: ,

Leave A Comment

About Us

About Ecommerce Partners:

Founded in 1998, ECommerce Partners is a full-service, ecommerce and interactive agency headquartered in New York City. Best known for our unique process methodology, we combine Internet expertise, creative talent, and business know-how to help clients across a variety of industries achieve rapid, measurable online marketing results.

True to our motto, "We build businesses, not just websites," we provide large and mid-sized companies with a full range of Internet marketing, website design and ecommerce solutions geared to maximize online revenues.



Our Offices

New York USA
Ecommerce Partners
59 Franklin Street
New York, NY
Phone 212 334-3390
Fax 503 218-5585
Florida USA
Ecommerce Partners
6700 Pines Blvd.
Pembroke Pines, FL
Phone 866 431-6669
Fax 503 218-5585
California USA
Ecommerce Partners
123 California Ave
Santa Monica, CA
Phone 866 431-6669
Germany Germany
Ecommerce Partners
Passauer St4
Phone 49-30-2361-9794
Australia Australia
Ecommerce Partners
31 Mary Street
St. Kilda West
Victoria 3182
Phone 61-3-9505-9988