The Rise of "Exclusive" Social Networking: It's time to left Facebook.

It is time to left Facebook.
Private social networks appears to be on the rise, enticing rich consumers with the promise of exclusive networking, with many websites simply accessible via strict invitation-only policies and a "strenuous application process based on schooling, job title, connections and lots of virtual velvet rope." Established in 2004, ASmallWorld is maybe one of the very well known websites for the rich, described as 'MySpace for millionaires' by Wall Street Journal, swearing to connect 'culturally powerful individuals'.
Creator Erik Wachtmeister realised there was an "present community of people linked by three levels of separation...and they wanted a platform to share and receive information-it turned out to be a tremendous untapped opportunity." With an international community of 250, 000 members, Wachtmeister maintains that ASmallWorld is a niche community- indeed in the event the platform no longer felt exclusive for members, it becomes harder to justify the $105 yearly membership fee for a social network that operates basically like Facebook.
The idea of creating a private social network for select groups has been adopted for other market communities- IvyConnect is an invite-only social network that targets school graduates- not merely from Ivy League, but instead more broadly the 'young urban professional elite' who are then vetted and hand-selected by staff. IvyConnect does not have any affiliation with Ivy League, nonetheless has aptly chosen - - the word 'ivy' to closely connect itself with the top-notch impression of the Ivy League institutions.
With a substantial annual fee of $500 for IvyConnect members, it's clear that individuals are willing to cover a superior service that caters to their networking interests and also protects their privacy - a place Facebook traditionally falls short in.
At the core of these sites is their ability to join like-minded professionals with mutual interests across the globe- and an understanding by these companies that they must supply quality utilities built on 'social, realtime, personalised interactions and collaborations', to match the elite image they're projecting. Indeed it is important for all businesses that have exclusivity as one of their selling points to provide dependable tools that streamline and will enhance - - the customer's on-line networking experience.