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SMVI is a public company traded on the OTC: Pink Sheets under the ticker symbol, SMVI. Currently SMVI operates two social networking sites; www.petsplaces.com and www.rocktag.us . Social Media Ventures (SMVI) is an online media venture company, creating and acquiring niche social networking websites, revenue generating web sites and e-commerce properties. SMVI will integrate an online advertising program that focuses on attracting advertisers to its core demographics for each social networking site. GOAL: The most popular Social Networking sites have become too large and too general. Finding the right groups and identifying the most dedicated members that share a specific member's interest or hobby can be daunting, especially for those who take their pets seriously. Management of SMVI is excited about the potential of its pet themed social networking site, PetsPlaces.com. Management's goal is to increase membership thereby positioning the site to attract advertisers by building an online community of passionate members that feel welcomed by members who share the same interest and hobbies t
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Social Media Ventures (SMVI) is an online media venture company, creating and acquiring niche social networking websites as well as revenue generating web sites. SMVI will integrate an online advertising program that focuses on attracting advertisers to its core demographics for each social networking site. Currently SMVI operates next-generation social networking sites including www.petsplaces.com and www.rocktag.us. SMVI has a lot of things going on in the lastest news. Awaiting what is coming for the future on this one.
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This past year, Management of SMVI has entered into numerous affiliate advertising agreements with such companies as PETCO, OfficialPetHotels.com, and Petscriptions.com. PetsPlaces.com also entered into a marketing agreement with the popular pet celebrity, Vladae, the Russian Dog Wizard. And most recently, a virtual gifts platform was launched for members of PetsPlaces.com. All of these actions are part of a strategy by Management to increase membership for PetsPlaces.com and build upon the increasing popularity of both social networking and the pet market in the United States. Great things are in the works for this one. I will be keeping a close eye on them.
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NEW YORK, NY -- (Marketwire) -- 12/01/09 -- December 1st, 2009 Social Media Ventures, Inc.
(SMVI) announced that they have seen traffic increase 30% over 3 months to their site, PetsPlaces.com Social Media sites like Facebook and MySpace have opened the door to advertising dollars to companies like Hearst Media, Home Depot, and Verizon Wireless. Major companies are seeing the value in targeting their advertising to certain demographics via social media, which is an area expected to grow to nearly 10 billion dollars a year by 2010. Americans are reportedly spending over $41 billion dollars a year on their pets and pet related products. Social Media Ventures has been adding advertisers geared towards the animal owner like PETCO, OfficialPetHotels.com and Petscriptions.com.
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According to Alexa.com, the web information company, PetsPlaces.com has received a site traffic increase of 30%, in the past three months.
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SMVI - Spending Real Money on Virtual Goods: Billion Dollar Business The 33 News November 10, 2009
Have you ever spent any money on something that doesn't exist? Might sound like a strange question, but more and more people are doing just that!
An increasing amount of people is buying virtual goods. A short glimpse at the virtual gift shop on Facebook reveals cakes, champagne bottles, hearts: an endless array of gifts that don't actually exist.
Most cost a dollar, and are given to friends, on a birthdays, Valentines day, or other special occassions.
Popular game "Sorority Life" lets players dress up a group of girls to compete with other sororities. Players can buy virtual items to improve performance or impress friends.
Of course, all these goods are no more than a bunch of pixels on a web page, but that hasn't stopped users from buying it.
MORE: 5 Reasons Why People Give Virtual Gifts
Facebook's game "FarmVille" has 62 million users cultivating a virtual farm, planting seeds, and harvesting crops. "Restaurant City," a game on Facebook, has 18 million active users stocking their virtual cafe with casseroles and cakes.
Virtual gifts on Facebook alone are worth about 40 million a year, according to Venturebeat.
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