Blogs and the brewing money making opprtunities !!

Published: August 1, 2007, 12:41 pm

Tags: link building, learn to blog, blog promotion

US user-generated content sites will earn $1 billion in ad revenues in 2007, but that number will skyrocket to $4.3 billion in 2011. Worldwide, $1.6 billion will be spent in 2007, rising to $8.2 billion in 2011.According to emarketer.com Consumers have more control now than they've ever had in choosing how, when and what media they consume. User-friendly technologies like social book-marking sites, blogs and review sites have made it possible for virtually anyone to create and distribute their own content, reviews about any particular product they consume with ease, spurring the rise of user-generated content and Web 2.0.Some of the contextual sites like mouthshut.com has pledged a platform for any consumer, to raise his voice against any discrimination or prejudice they have come into. So, many of the established brands now have kept aside a big pie of their online marketing budget for just promoting their products on these user-generated content sites. This is a new brewing

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