The Rise Of ‘Exclusive’ Social Networking

http://socialnetworkingnews.org/the-rise-of-exclusive-social-networking/

Private social networks appears to be on the rise, enticing affluent consumers with the promise of exclusive networking, with many sites only accessible via strict invite-only policies and a “rigorous application process based on education, job title, connections and lots of virtual velvet rope.“ Launched in 2004, ASmallWorld is perhaps one of the most well known sites for the wealthy, described as ‘MySpace for millionaires‘ by Wall Street Journal, promising to connect ’culturally influential people’.

Source: www.business2community.com

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