How many social networks are created each day?

arganrecords

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Be honest, you also have thought about creating a social network! Today I found qu*ag*com, this site is going hard with advertising on Facebook and they are sponsor of motorcycle racing team.

But why do people still think of earning a bang of money or get success by copying ideas? If someone wins the lottery and all copy it you think they increase the chances of winning?

You believe that their investment will be paid off?
 
Most businesses are copies of other businesses. If that wasn't the case, there would only be one car manufacturer, one mobile phone company, one builder, etc.

Competition is good as it drives innovation, helps keep prices in check and keeps businesses on their toes.
 
Most businesses are copies of other businesses. If that wasn't the case, there would only be one car manufacturer, one mobile phone company, one builder, etc.

Competition is good as it drives innovation, helps keep prices in check and keeps businesses on their toes.

Yes but if someone opens new Social Nwtwork there is only 1 competitor. The goal of this companies is copy the only 1 social network, Facebook.
 
How are you supposed to copy someone winning the lottery?
 
Well Facebook is not the first social network, however it definitely is the most successful so far.
 
Sometimes they don't need to be as big as Facebook to be successful. If I had a social network that only catered to my town, and had a creative method of monetization, I'd be in a good way.
 
Yes but if someone opens new Social Nwtwork there is only 1 competitor. The goal of this companies is copy the only 1 social network, Facebook.

What makes you think there is only 1 competitor? There are a gazillion Social Networks out there, Facebook is just one of the largest ones... Russia has vk.com, Asia has qzone.qq.com (which has over 600 million users atm) etc...

Plus it keeps changing all the time, a couple of years ago nobody in Europe was using Facebook!
 
What makes you think there is only 1 competitor? There are a gazillion Social Networks out there, Facebook is just one of the largest ones... Russia has vk.com, Asia has qzone.qq.com (which has over 600 million users atm) etc...

Plus it keeps changing all the time, a couple of years ago nobody in Europe was using Facebook!

The only fact that is biggest social network on this planet. We're on BHW and all I'm saying is to consider in money parameter! I'm only considering money earned and I think that everyone thinks to money when try to create Facebook's clone.
 
Yes but if someone opens new Social Nwtwork there is only 1 competitor. The goal of this companies is copy the only 1 social network, Facebook.

Companies may copy Facebook, but Facebook was copying MySpace.

There was also Bebo
and before them there was Friends Reunited.

Each was copied many times without success. Merely copying doesn't do much.

But when someone creates something better, cheaper, faster, easier (the list is endless) that has an impact. Just look at how quickly MySpace died.

You are also overlooking the fact that there are many successful Social Networks - and each of the successful ones is different from the others.

Pinterest, Linkedin and many others have found a big place in the sector, from offering something unique.
 
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