October arrived, spreading a damp chill over the grouns and into the castle. Madam Pomfrey, the nurse, was kept busy by a sudden spate of colds among the staff and students. Her Pepperup potion worked instantly, though it left the drinker smoking at the ears for several hours afterward . Ginny Weasley, who had been looking pale, was bullied into taking some by Percy. The steam pouring from under her vivid hair gave the impression that her whole head was on fire. Raindrops the size of bullets thundered on the castle windows for days on end; the lake rose, the flower beds turned into muddy streams, and Hagrid's pumpkins swelled to the size of garden sheas. Even aside from the rain and wind it hadn't been a happy practice session. Fred and George who had been spying on the Slytherin team, had seen for themselves the speed of those new Numbus Two Thousands and Ones.
Advertising is what most people would consider the number one way that social networks make money. After all, they have millions of users. That's millions of eyeballs wandering around their website. Why wouldn't advertisers want to get in on those views? It's true. The most common way for websites to generate revenue is to allow companies to advertise on the site. Web advertising is still an emerging market. Because of the millions of users on a social networking site, advertisers might be willing to pay more for ads on social network. Twitter recently had their developer confernce called Chirp. At the conference, they discussed various ways to monetize the website, most notably by harnessing advertising power.
While some social networks are free, others might offer a premium option to its user in an attempt to earn some money. LinkedIn, for example, has a premium package for job seekers. All of your networking options are free with LinkedIn, but if you want special priveges you have to sign up for one of their premium options. An intresting example that took place recently was Ning. Although Ning was millions of users, they recently made the announcement to suspend their free services and concentrate soley on their premium model. They were forces to cut several jobs. So aside from the common ways of earning money, I thought I would get into what I'm sure we'll be seeing alot in the near future. The data that social networks have accumulated is potentially very valuable. By aggregating this relationship data and making it anonymous, communities can find third-parties willing to pay for it.
No lines are longer than 80 characters, TYVM. Other specified properties aren't being scored automatically at this time so this is not necessarily good news...