on social networking sites has increased from 3 hours per month to 5.5 hours per month in the last year alone, representing a staggering 82% increase in the use of social media. The global media forecasting company also reported that people spend the most Internet time overall on social networks and blogs, and that social web sites such as Facebook are now the most common homepages for users.
This is good news for BLGW which is up 400% since it became a publicly traded company less than a month ago. The company takes advantage of a developing industry; Social Media Optimization. Companies have been able to reach their target markets more efficiently through the emergence of social media and social networks. Bloggerwave helps companies gain credibility and notoriety through blogging and strategies for optimization.
It will be interesting to see if BLGW can continue gaining and retaining their customers, or if there just a company which will make a quick, non-sustainable profit. One thing that cannot be argued is social media use is growing and it looks like this trend will continue.

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