Time Spent on Social Networking Sites Exploding

Can't say this is new or surprising, but it is still worth noting that the amount of time people are spending on social networking sites like Facebook, Twitter and LinkedIn is rapidly expanding. 

The chart below - from Nielsen Wire - show that the time spent on social networking sites increased 82% year over year and is over 5 hours per month. 

The chart also shows that the global, unique number of people who visited social networking sites in December exceeded 300 million. 

As our post last week shows, Facebook is dominating this sector. 

Small businesses have noticed and a rapidly increasing number are creating Facebook pages and fan sites.  A fun and interesting example I ran across last week is the fan page for artisan soap maker Sarva Soaps.

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This is truly an amazing fact that people are spending quite a considerable time on social networking sites. I guess it helps people to unwind from stress.

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Yes, it's crazy how much time people spend on these sites. We have more and more of our clients wanting to get involved with the social media explosion.

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Facebook is one of the one site where users are spend more time weather they in office or at home.

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Goods, but not many services, and not much decline in those quoted. The declining cost of babysitting is presumably part of the generally increase in wage inequality since it's unlikely there has been much productivity growth. How about college education and health insurance?

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