5 reasons why social networks can succeed

After exploring why social networks fail, I also have to consider why people are still joining them, in spite of their failures. So, going along the same approach, here I am with 5 reasons why social networks can succeed:

5. Viral Nature

They key to social networks quickly moving up in size is their viral nature. Because people who get on those need to expand their network, they invite their friends. And those friends, in turn, invite their friends. The viral nature of a new social network is an important part to making it succeed.

Some networks have taken the model one step further by being “by invitation only”. Initially, this represents a certain level of exclusivity, with people then trying to get in. This exclusivity breaks down, though, if the social networks do not have a mechanism to slow down or limit the number of new invitations going out. All it takes to tear down that sense of exclusivity is for one person to start inviting hordes of people.Â

4. Online Identity

Not everyone has a personal website. It may come as a shock to most of my readers but, for some people, social networks personal pages are the only place where people maintain an identity. Some, like MySpace, have capitalized on that effect by providing tools that allow to enhance those profiles in ways that make them indistinct from personal sites, beyond the fact that the URL is on the service instead of being a personal one.Â

3. Enhanced Knowledge

When used properly, social networks can be a great way to enhance knowledge. Tapping into one’s social network can allow for people to fill an information gap if members of their extended social network have deep subject matter expertise in a certain area. At the current time, few social networking sites have used that capability but, I believe this is one of the most useful aspects of social networking sites.Â

2. Basic human need to share

The proliferation of blogs have shown that people love to share their opinion. The proliferation of the open source movement shows that some people love to share their expertise. I think there is a deeply rooted need among human beings to share, whether it is information or opinions. Social networks appeal to the altruistic side of people by allowing them to share their connection and introduce friends to other friends.Â

1. Basic human need to connect

Most of all, though, human beings are social creatures. As such, the root of all success from social networking sites is based on a need to connect and expand connections. For most of history, connections were largely limited by geographical or economic considerations. Social networks allow people to expand their connections around interests. This first appeared with the rise of Usenet and bulletin boards, where members formed communities around specific interests and has now expanded into the social networking realm, where people can find out more about people who are most like them.Â

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