Oh my God. I've been doing a little research and here is what I am finding.
Social networking industry has grown 450%
http://www.google.com/insights/search/#cat=529&geo=US&date=1%2F2007%2024m&cmpt=q
Check out the unbelievable spike in traffic that social networks have been seeing the last 3 days. That huge spike normally goes to dating sites… The recession has been really bad for most of the paid sites, and they have lost a lot of traffic in the last 3 months. Does that mean that as economy is shrinking and people can not afford to pay for membership, this traffic will be shifted to free online dating services?!
Predictions from industry insiders such as Marcus from plenty of fish are that 2009 will be a blood bath!
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