Social Networks Must Focus on Monetisation, says Deloitte

From the Post:

Social networks must this year put monetisation above growth in order to survive, according to Deloitte.

The call comes ahead of the release of Deloitte’s media predictions report for 2009.

Deloitte said while social networks have previously been valued on their member numbers, the harsh economic climate means they need to start justifying their worth to investors.

Source: New Media Age

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