Saturday, November 10, 2007

Weekly Blog #11


This week in class we learned about social networking. I found out that there are several social networks and they seem to be primarily used by different audiences. Those sites allow you to communicate and share your thoughts, videos, pictures and they have several other features. For example, MySpace allows you to type blogs, invite friends, send email, post and share videos, post classifieds, organize events, white about books, or get other people’s opinions about books, and even play games with other people. It has many other features, just go to their websites and find out. This week we also learned about the pharmacy Duane Reade, its online pharmacy system and their rewards club data warehouse and some ideas on hot to improve them.
The following article: Facebook and MySpace Monetize Friendship with Targeted AdsExplains how MySpace and Facebook are giving advertisers better tools to reach their predominantly youthful audience. MySpace announced on Tuesday they are soon launching SelfServe, a system similar to Google’s AdWords text purchasing system where small businesses can create display ads and target them to their customers. I think the new system will increase MySpace’s advertising revenue.

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