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3 Up-and-Coming Social Networks to Watch


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Hello everyone! How is it going? We have some interesting news today. There are 3 social networks you may not know about yet, but likely will soon. Interesting? Then read on to discover more about them.

3 Up-and-Coming Social Networks to Watch

Banjo

Designed to link existing social media users, mainly those in the younger 18-24 and 24-30 demographic, Banjo is a social media service that links users of Facebook, Twitter and Foursquare, letting them know via an audible alert when they are near friends and connections on those particular sites. For example, you could be in the same large grocery store with one of your friends from Facebook, and Banjo would send you an alert to let you know. Along with this location-based service, Banjo also lets users know about activities and events happening in their area that they might be interested in based on their social media activity and provided information.

SumZero

With the recent $1-million investment from the Winklevoss brothers, the new social media site SumZero, is definitely one that is going to be receiving a lot of attention from the popular press in the near future. The Winklevoss brothers, if you don’t remember, were involved in the development of Facebook, and have waged a major legal battle against founder Mark Zuckerberg in recent years. Designed in a fashion similar to Facebook - it was actually developed by Divya Narendra and an unnamed Harvard graduate - SumZero allows users discuss financial trades and exchange information related to the financial sector.

While SumZero only has 7,500 visitors as of September 2012, the site is expected to grow fairly rapidly, despite its somewhat exclusive membership plan. SumZero actually accepts applicants, and over 75-percent are rejected according to Narendra, who actually checks the applications himself. What’s the criteria for acceptance? SumZero only accepts certain people within the financial sector, commonly referred to as “buy-side” investors that work with hedge funds, mutual funds or private equity.

Ning

A sort of meta-social media network, Ning is designed so that you can set up your own social media type website for, well, pretty much anything you do or are trying to sell. The ingenuous thing about Ning is that it works for all types of business and individuals, from rock bands to attorneys looking to branch out in order to communicate with the public and get new business or gather contacts. Ning also helps users find people in their network that could provide them with services. Sticking with the rock band example, Ning could help a band find fans or a live sound engineer in their area to work with for an upcoming gig. Unlike many social media sites,

Ning isn’t free. While you can get a free trial of Ning, monthly membership is $24.95 for basic features, $59.95 for more advanced users looking to get more out of the social networking service, and a more expensive VIP plan. VIP pricing plans vary from business to business or individual to individual, whatever the case may be, and interested users will need to speak with a representative to get a price quote. Ning also offers a limited, mini-plan for individuals or businesses that just want to try the service out. As of September 2012, Ning has over 12,500,000 active members.

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*by andreascy*