Social Networks Not Pulling in Numbers – Study

CYBERSPACE – A new study released Friday reveals that the business models for stand-alone social networking sites such as Friendster.com, Tribe.net, Meetup.com and others have yet to prove themselves.

Burlington, Mass.-based Burst Media found that only 19.2 percent of web surfers have ever visited a social networking site.

The survey, which polled 9,200 surfers on their web habits, found that of those respondents, slightly more than half (50.5 percent) actually registered and joined these sites.

Men were slightly more likely than women to say they have visited a social networking website (21.7 percent vs. 16.7 percent). But women are more likely to register and join (53.3 percent vs. 47.9 percent).

Those under the age of 24 are most likely to say they've visited a social networking site, the study said, with 26.8 percent saying so. Among those 55 and older, 10.4 percent said they have visited a social networking website.

"Social networking sites, such as Friendster and Tribe.net, create communities by encouraging enrollees to invite friends to join, so friends bring friends who bring friends, and a virtual social community has been created," said Chuck Moran, Burst Media's market research manager.

But Internet analysts are skeptical of the business models.

"There's no significant business here on the social networks side – they cannot exist as stand-alone businesses. As part of a portal, they may actually work out great," said analyst Nate Elliott of Jupiter Research, which issued a report several months called, "Social and Business Networks: A Phenomenon in Search of a Business Model."

"There's only one thing that people want to do with social networks, and that's looking for dates and romantic relationships,” Elliott said. “Everything else people want to do with social networks is free."

Jupiter's own report found that only 32.7 percent of online users are interested in using online social networks, and only 6.2 percent of online users say they want to use online social networks to find dates. It also found that 21.3 percent look for dates on dating sites.

"Yahoo owning a social network could bring Yahoo value," said Elliott, who noted that he sees more value in professional networking sites, such as Ryze.com and LinkedIn.com. "Their customers can expense or deduct the charges."

Copyright © 2026 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Canadian Senate Approves National Age Verification Bill

Canada’s Senate on Wednesday passed bill S-209, the “Protecting Young Persons from Exposure to Pornography Act,” which would require commercial adult websites to verify that Canadian users are at least 18 years old.

Sara Jay Relaunches Site Through PAYSITE

Sara Jay has relaunched her membership site, WydeSyde, through PAYSITE.

European Commission: Age Verification App Ready For Use

The European Commission’s age verification app is now technically ready and will soon be available for EU citizens to use in order to prove their age when accessing online platforms, European Commission President Ursula von der Leyen announced Tuesday.

UK House of Commons Moves to Tone Down Porn Amendments

The House of Commons has modified amendments to the U.K.’s pending Crime and Policing Bill, including provisions regulating “step” content, content featuring adults role-playing as minors, and performers’ ability to withdraw consent.

AEBN Reveals Ariel Demure as Top Trans Star for Q1 of 2026

AEBN has named its top trans stars for the first quarter of 2026, with Ariel Demure landing atop the leaderboard.

Final IRS 'No Tax on Tips' Rule Excludes Pornography

The Internal Revenue Service on Monday published final regulations on the “No Tax on Tips” provision included in the “One Big Beautiful Bill Act,” offering new tax deductions for tip workers but excluding revenue received for “pornographic activity.”

Pennsylvania Legislature Weighs 'Porn Tax' Bill

The Pennsylvania State Senate is considering a bill that would impose a 10% tax on the revenue of adult websites doing business in that state.

BranditScan Rolls Out 2 New Platform Features

BranditScan has introduced its new Traffic Optimization and Doxing Protection features for creators.

NMG Management Partners With Cosplayground to Scale Distribution

NMG Management has partnered with Cosplayground to expand the studio’s digital distribution and licensing operations.

Dreamcam Adds Real-Time Speech Translation

Dreamcam has introduced Voice Translator AI to its livestreaming platform.

Show More